Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.3B |
| 2 |
Microsoft
MSFT
|
+$1.3B |
| 3 |
Advanced Micro Devices
AMD
|
+$925M |
| 4 |
S&P Global
SPGI
|
+$894M |
| 5 |
Tesla
TSLA
|
+$716M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
XLNX
Xilinx Inc
XLNX
|
+$1.08B |
| 2 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$972M |
| 3 |
Merck
MRK
|
+$295M |
| 4 |
Exelon
EXC
|
+$259M |
| 5 |
NUAN
Nuance Communications, Inc.
NUAN
|
+$205M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.39% |
| 2 | Financials | 13.32% |
| 3 | Healthcare | 13.3% |
| 4 | Consumer Discretionary | 11.44% |
| 5 | Communication Services | 8.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GBT
1451
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $37.6M | ﹤0.01% |
1,086,624
+12,589
| +1% | +$376K |
|
1452
SPX Corp
SPXC
$11B
| $37.6M | ﹤0.01% |
760,361
+20,146
| +3% | +$1.04M |
|
1453
Corcept Therapeutics
CORT
$12.4B
| $37.5M | ﹤0.01% |
1,666,880
-63,992
| -4% | -$1.36M |
|
1454
Leslie's
LESL
$8.9M
| $37.5M | ﹤0.01% |
96,899
+7,991
| +9% | +$3.32M |
|
1455
Riot Platforms
RIOT
$7.63B
| $37.5M | ﹤0.01% |
1,770,105
+326,907
| +23% | +$5.9M |
|
1456
LGI Homes
LGIH
$1.27B
| $37.5M | ﹤0.01% |
383,594
+7,529
| +2% | +$930K |
|
1457
Shift4
FOUR
$4.2B
| $37.4M | ﹤0.01% |
604,628
+42,979
| +8% | +$2.27M |
|
|
SASR
1458
DELISTED
Sandy Spring Bancorp Inc
SASR
| $37.3M | ﹤0.01% |
829,332
+13,291
| +2% | +$627K |
|
|
GMS
1459
DELISTED
GMS Inc
GMS
| $37.2M | ﹤0.01% |
747,539
-65,002
| -8% | -$3.42M |
|
1460
Brookfield Renewable
BEPC
$6.08B
| $37.1M | ﹤0.01% |
851,553
+61,583
| +8% | +$2.28M |
|
|
NOVA
1461
DELISTED
Sunnova Energy
NOVA
| $37.1M | ﹤0.01% |
1,606,971
-5,421
| -0.3% | -$116K |
|
1462
TripAdvisor
TRIP
$1.65B
| $37M | ﹤0.01% |
1,365,098
+31,600
| +2% | +$842K |
|
|
MDC
1463
DELISTED
M.D.C. Holdings, Inc.
MDC
| $37M | ﹤0.01% |
977,487
-11,863
| -1% | -$542K |
|
1464
CBIZ
CBZ
$2.99B
| $36.9M | ﹤0.01% |
879,524
+35,698
| +4% | +$1.4M |
|
1465
Seacoast Banking Corp of Florida
SBCF
$3.36B
| $36.8M | ﹤0.01% |
1,051,920
+52,259
| +5% | +$1.9M |
|
1466
Banner Corp
BANR
$2.39B
| $36.8M | ﹤0.01% |
628,429
-19,427
| -3% | -$1.2M |
|
1467
McGrath RentCorp
MGRC
$2.81B
| $36.8M | ﹤0.01% |
432,576
+7,260
| +2% | +$577K |
|
1468
Surgery Partners
SGRY
$2.01B
| $36.7M | ﹤0.01% |
667,005
+33,304
| +5% | +$1.65M |
|
1469
Progress Software
PRGS
$1.66B
| $36.7M | ﹤0.01% |
778,705
-92,201
| -11% | -$4.15M |
|
|
ANAT
1470
DELISTED
American National Group, Inc. Common Stock
ANAT
| $36.6M | ﹤0.01% |
193,823
-6,940
| -3% | -$1.31M |
|
|
HTLF
1471
DELISTED
Heartland Financial USA, Inc.
HTLF
| $36.6M | ﹤0.01% |
765,943
+36,191
| +5% | +$1.83M |
|
1472
Revolve Group
RVLV
$1.8B
| $36.5M | ﹤0.01% |
680,075
+508
| +0.1% | +$25.8K |
|
1473
Myriad Genetics
MYGN
$270M
| $36.5M | ﹤0.01% |
1,447,957
+18,879
| +1% | +$483K |
|
1474
Stepan Co
SCL
$1.46B
| $36.3M | ﹤0.01% |
367,859
-27,390
| -7% | -$2.96M |
|
1475
Compass Minerals
CMP
$1.23B
| $36.3M | ﹤0.01% |
577,979
+12,484
| +2% | +$709K |
|
Similar funds
Geode Capital Management's Q1 2022 Portfolio in Review
As of Q1 2022, Geode Capital Management held 5,100 positions worth $801B, down 3.5% from $830B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Geode Capital Management's Q1 2022 filing shows 137 new, 3,082 increased, 1,102 reduced and 125 closed positions. Its largest new stake was Constellation Energy: 5,541,478 shares worth $311M. The largest sale was Xilinx Inc, an estimated $1.08B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q1 2022 buy was Constellation Energy: 5,541,478 shares worth $311M.
- Geode Capital Management added most to Apple in Q1 2022, an estimated $1.3B increase.
- Geode Capital Management's biggest Q1 2022 reduction was Merck, cutting an estimated $295M.
- Geode Capital Management fully exited Xilinx Inc in Q1 2022, selling an estimated $1.08B.
- Geode Capital Management's ten largest holdings make up 24% of its $801B portfolio in Q1 2022.
- Geode Capital Management opened 137 new positions and closed 125 in Q1 2022.
- Geode Capital Management's portfolio value fell 3.5% quarter-over-quarter to $801B.
Based on Geode Capital Management's 13F filing for Q1 2022, filed 13 May 2022.