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 | |
|---|---|---|---|---|---|---|
1476
Towne Bank
TOWN
$3.46B
| $36.3M | ﹤0.01% |
1,212,154
+19,780
| +2% | +$623K |
|
1477
Pricesmart
PSMT
$5.98B
| $36.2M | ﹤0.01% |
459,103
+18,904
| +4% | +$1.39M |
|
1478
Piper Sandler
PIPR
$5.12B
| $36.2M | ﹤0.01% |
1,102,784
+2,956
| +0.3% | +$109K |
|
1479
Jack in the Box
JACK
$312M
| $36M | ﹤0.01% |
385,723
+1,350
| +0.4% | +$119K |
|
1480
Xerox
XRX
$387M
| $36M | ﹤0.01% |
1,784,468
-85,978
| -5% | -$1.81M |
|
1481
Bread Financial
BFH
$4.37B
| $36M | ﹤0.01% |
640,890
-162,786
| -20% | -$10.7M |
|
1482
3D Systems Corp
DDD
$431M
| $36M | ﹤0.01% |
2,156,148
+83,247
| +4% | +$1.45M |
|
|
ATSG
1483
DELISTED
Air Transport Services Group
ATSG
| $36M | ﹤0.01% |
1,074,905
-10,990
| -1% | -$321K |
|
1484
Blue Owl Capital
OWL
$6.96B
| $35.9M | ﹤0.01% |
2,832,636
+60,126
| +2% | +$762K |
|
|
DOOR
1485
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $35.9M | ﹤0.01% |
403,817
+13,915
| +4% | +$1.38M |
|
1486
Hope Bancorp
HOPE
$1.79B
| $35.9M | ﹤0.01% |
2,230,843
+116,442
| +6% | +$1.92M |
|
|
ARCH
1487
DELISTED
Arch Resources, Inc.
ARCH
| $35.8M | ﹤0.01% |
260,939
-8,132
| -3% | -$963K |
|
1488
Outset Medical
OM
$84.7M
| $35.8M | ﹤0.01% |
52,632
+1,599
| +3% | +$962K |
|
1489
GlobalFoundries
GFS
$27.4B
| $35.8M | ﹤0.01% |
573,981
+18,475
| +3% | +$1.09M |
|
|
SAVE
1490
DELISTED
Spirit Airlines, Inc.
SAVE
| $35.8M | ﹤0.01% |
1,637,301
-121,180
| -7% | -$2.77M |
|
1491
Tanger
SKT
$4.67B
| $35.8M | ﹤0.01% |
2,080,370
+79,098
| +4% | +$1.38M |
|
1492
Jackson Financial
JXN
$8.53B
| $35.5M | ﹤0.01% |
803,281
+18,883
| +2% | +$787K |
|
|
LPRO
1493
DELISTED
Open Lending Corp
LPRO
| $35.5M | ﹤0.01% |
1,876,328
+1,770
| +0.1% | +$34K |
|
1494
Ollie's Bargain Outlet
OLLI
$4.44B
| $35.4M | ﹤0.01% |
824,923
+3,749
| +0.5% | +$167K |
|
1495
PRA Group
PRAA
$663M
| $35.4M | ﹤0.01% |
785,964
-21,945
| -3% | -$1.01M |
|
1496
Carpenter Technology
CRS
$25.8B
| $35.3M | ﹤0.01% |
841,875
+38,700
| +5% | +$1.35M |
|
1497
Cannae Holdings
CNNE
$639M
| $35.3M | ﹤0.01% |
1,476,014
+50,057
| +4% | +$1.41M |
|
|
WWE
1498
DELISTED
World Wrestling Entertainment
WWE
| $35.3M | ﹤0.01% |
565,137
+10,920
| +2% | +$603K |
|
|
AZEK
1499
DELISTED
The AZEK Co
AZEK
| $35.2M | ﹤0.01% |
1,415,874
+50,611
| +4% | +$1.59M |
|
1500
InterDigital
IDCC
$7.87B
| $35.1M | ﹤0.01% |
550,574
+14,856
| +3% | +$987K |
|
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.