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 | |
|---|---|---|---|---|---|---|
|
FOE
1601
DELISTED
Ferro Corporation
FOE
| $30.7M | ﹤0.01% |
1,411,241
+44,738
| +3% | +$973K |
|
1602
Coursera
COUR
$1.52B
| $30.6M | ﹤0.01% |
1,326,918
+65,847
| +5% | +$1.35M |
|
|
SVC
1603
Service Properties Trust
SVC
$1.04B
| $30.4M | ﹤0.01% |
688,632
+699
| +0.1% | +$30.4K |
|
1604
ICF International
ICFI
$1.46B
| $30.4M | ﹤0.01% |
322,547
+7,487
| +2% | +$703K |
|
1605
Infosys
INFY
$48.7B
| $30.3M | ﹤0.01% |
1,219,501
-84,384
| -6% | -$2M |
|
1606
Horace Mann Educators
HMN
$2.1B
| $30.2M | ﹤0.01% |
722,867
+29,353
| +4% | +$1.18M |
|
|
VRE
1607
DELISTED
Veris Residential
VRE
| $30.1M | ﹤0.01% |
1,732,105
+90,987
| +6% | +$1.58M |
|
1608
Materion
MTRN
$4.39B
| $30.1M | ﹤0.01% |
351,254
+4,138
| +1% | +$354K |
|
1609
Supernus Pharmaceuticals
SUPN
$2.59B
| $30.1M | ﹤0.01% |
930,007
-31,701
| -3% | -$972K |
|
|
ZUO
1610
DELISTED
Zuora, Inc.
ZUO
| $30M | ﹤0.01% |
2,003,583
-74,398
| -4% | -$1.15M |
|
1611
Winnebago Industries
WGO
$856M
| $30M | ﹤0.01% |
555,166
-40,684
| -7% | -$2.63M |
|
|
AGNT
1612
AGNT Inc
AGNT
$666M
| $29.8M | ﹤0.01% |
1,408,041
-103,225
| -7% | -$2.7M |
|
1613
MYR Group
MYRG
$5.19B
| $29.7M | ﹤0.01% |
315,442
-9,782
| -3% | -$931K |
|
|
MFA
1614
MFA Financial
MFA
$926M
| $29.6M | ﹤0.01% |
1,838,380
+54,101
| +3% | +$935K |
|
1615
Agios Pharmaceuticals
AGIO
$1.79B
| $29.6M | ﹤0.01% |
1,017,680
-26,336
| -3% | -$805K |
|
|
VGR
1616
DELISTED
Vector Group Ltd.
VGR
| $29.6M | ﹤0.01% |
2,460,446
+154,742
| +7% | +$1.72M |
|
1617
CorVel
CRVL
$3.06B
| $29.5M | ﹤0.01% |
526,077
-8,379
| -2% | -$476K |
|
1618
Valaris
VAL
$5.48B
| $29.5M | ﹤0.01% |
568,279
+3,926
| +0.7% | +$170K |
|
1619
World Kinect Corp
WKC
$2.04B
| $29.5M | ﹤0.01% |
1,090,541
-99,893
| -8% | -$2.77M |
|
1620
Live Oak Bancshares
LOB
$1.98B
| $29.5M | ﹤0.01% |
579,270
+15,309
| +3% | +$980K |
|
1621
Worthington Enterprises
WOR
$2.75B
| $29.4M | ﹤0.01% |
928,790
-19,193
| -2% | -$663K |
|
1622
Magnite
MGNI
$2.76B
| $29.4M | ﹤0.01% |
2,226,680
+106,447
| +5% | +$1.44M |
|
|
PING
1623
DELISTED
Ping Identity Holding Corp.
PING
| $29.4M | ﹤0.01% |
1,071,973
+69,874
| +7% | +$1.47M |
|
1624
TechnipFMC
FTI
$28.1B
| $29.4M | ﹤0.01% |
3,790,367
+36,422
| +1% | +$255K |
|
1625
Westamerica Bancorp
WABC
$1.38B
| $29.3M | ﹤0.01% |
485,086
+12,938
| +3% | +$772K |
|
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.