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 | |
|---|---|---|---|---|---|---|
1526
Medifast
MED
$109M
| $34M | ﹤0.01% |
199,255
-29,941
| -13% | -$5.64M |
|
|
VBTX
1527
DELISTED
Veritex Holdings
VBTX
| $33.9M | ﹤0.01% |
889,044
+9,897
| +1% | +$398K |
|
1528
Veracyte
VCYT
$3.7B
| $33.9M | ﹤0.01% |
1,229,161
-11,187
| -0.9% | -$320K |
|
1529
Frontdoor
FTDR
$5.1B
| $33.9M | ﹤0.01% |
1,134,529
+37,902
| +3% | +$1.26M |
|
|
LAZR
1530
DELISTED
Luminar Technologies
LAZR
| $33.8M | ﹤0.01% |
144,289
+6,296
| +5% | +$1.38M |
|
1531
Ligand Pharmaceuticals
LGND
$5.76B
| $33.8M | ﹤0.01% |
481,857
+25,542
| +6% | +$1.85M |
|
|
ALEX
1532
DELISTED
Alexander & Baldwin
ALEX
| $33.8M | ﹤0.01% |
1,455,593
+1,817
| +0.1% | +$41.9K |
|
|
B
1533
DELISTED
Barnes Group Inc.
B
| $33.7M | ﹤0.01% |
839,685
+28,737
| +4% | +$1.29M |
|
1534
Bloomin' Brands
BLMN
$741M
| $33.6M | ﹤0.01% |
1,532,214
+12,490
| +0.8% | +$269K |
|
1535
Emergent Biosolutions
EBS
$373M
| $33.6M | ﹤0.01% |
817,647
-25,151
| -3% | -$1.11M |
|
|
FL
1536
DELISTED
Foot Locker
FL
| $33.5M | ﹤0.01% |
1,131,124
-401,615
| -26% | -$15.4M |
|
1537
Lakeland Financial Corp
LKFN
$1.56B
| $33.5M | ﹤0.01% |
459,317
-13,236
| -3% | -$1.06M |
|
1538
Gray Television
GTN
$415M
| $33.5M | ﹤0.01% |
1,519,099
+36,146
| +2% | +$797K |
|
|
SPWR
1539
DELISTED
SunPower Corporation Common Stock
SPWR
| $33.5M | ﹤0.01% |
1,559,711
+72,982
| +5% | +$1.34M |
|
|
ISEE
1540
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $33.5M | ﹤0.01% |
1,990,607
+11,196
| +0.6% | +$165K |
|
1541
Knowles
KN
$3.13B
| $33.4M | ﹤0.01% |
1,551,851
+26,466
| +2% | +$579K |
|
1542
Global Net Lease
GNL
$1.84B
| $33.4M | ﹤0.01% |
2,121,898
-145,142
| -6% | -$2.13M |
|
|
HTO
1543
H2O America
HTO
$2.57B
| $33.4M | ﹤0.01% |
479,443
+18,759
| +4% | +$1.26M |
|
|
FSR
1544
DELISTED
Fisker Inc.
FSR
| $33.3M | ﹤0.01% |
2,584,005
+158,636
| +7% | +$1.99M |
|
1545
AstraZeneca
AZN
$263B
| $33.2M | ﹤0.01% |
254,792
-32,126
| -11% | -$3.85M |
|
1546
Installed Building Products
IBP
$6.01B
| $33.1M | ﹤0.01% |
391,433
-23,845
| -6% | -$2.52M |
|
1547
Genworth Financial
GNW
$3.76B
| $33.1M | ﹤0.01% |
8,748,921
+279,130
| +3% | +$1.12M |
|
1548
Adeia
ADEA
$2.94B
| $33M | ﹤0.01% |
7,213,177
+147,484
| +2% | +$671K |
|
1549
Middlesex Water
MSEX
$1.08B
| $33M | ﹤0.01% |
314,049
+7,175
| +2% | +$731K |
|
1550
Warrior Met Coal
HCC
$4.19B
| $33M | ﹤0.01% |
889,171
+20,300
| +2% | +$649K |
|
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.