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 | |
|---|---|---|---|---|---|---|
151
Emerson Electric
EMR
$81.6B
| $965M | 0.12% |
9,869,902
-68,753
| -0.7% | -$6.51M |
|
152
Air Products & Chemicals
APD
$65.5B
| $961M | 0.12% |
3,852,886
+157,395
| +4% | +$40.4M |
|
153
Marathon Petroleum
MPC
$90.1B
| $957M | 0.12% |
11,218,815
-69,624
| -0.6% | -$5.29M |
|
154
KLA
KLAC
$222B
| $954M | 0.12% |
26,116,120
+940,110
| +4% | +$35.2M |
|
155
SLB Ltd
SLB
$72.7B
| $951M | 0.12% |
23,090,894
-317,590
| -1% | -$12.4M |
|
156
FedEx
FDX
$73B
| $944M | 0.12% |
4,092,760
+29,924
| +0.7% | +$7.03M |
|
157
AutoZone
AZO
$51.3B
| $932M | 0.12% |
456,477
+13,320
| +3% | +$26M |
|
158
Capital One
COF
$128B
| $922M | 0.12% |
7,043,238
-350,502
| -5% | -$51.1M |
|
159
American Electric Power
AEP
$70.4B
| $917M | 0.11% |
9,217,794
+719,393
| +8% | +$65.7M |
|
160
Illumina
ILMN
$29.5B
| $915M | 0.11% |
2,699,181
+109,211
| +4% | +$36.9M |
|
161
Sempra
SRE
$58.1B
| $910M | 0.11% |
10,857,314
+422,444
| +4% | +$30.4M |
|
162
Humana
HUM
$43.9B
| $910M | 0.11% |
2,096,544
+70,868
| +3% | +$29.6M |
|
163
General Dynamics
GD
$103B
| $908M | 0.11% |
3,774,740
+132,284
| +4% | +$29.4M |
|
164
Cadence Design Systems
CDNS
$91.6B
| $907M | 0.11% |
5,525,267
+181,676
| +3% | +$27.9M |
|
165
Welltower
WELL
$174B
| $905M | 0.11% |
9,433,153
+282,761
| +3% | +$24.6M |
|
166
Roper Technologies
ROP
$40.4B
| $900M | 0.11% |
1,910,481
+252,852
| +15% | +$114M |
|
167
Dollar General
DG
$28.4B
| $894M | 0.11% |
4,025,209
+28,516
| +0.7% | +$6.06M |
|
168
American International
AIG
$42.5B
| $886M | 0.11% |
14,151,199
+532,364
| +4% | +$32M |
|
169
Prudential Financial
PRU
$42.6B
| $874M | 0.11% |
7,409,082
+142,247
| +2% | +$16.2M |
|
170
McKesson
MCK
$104B
| $873M | 0.11% |
2,857,659
+34,785
| +1% | +$9.46M |
|
171
Realty Income
O
$61.1B
| $869M | 0.11% |
12,555,103
-109,457
| -0.9% | -$7.44M |
|
172
Amphenol
APH
$185B
| $847M | 0.11% |
22,531,274
+1,167,412
| +5% | +$45.2M |
|
173
MetLife
MET
$62.4B
| $843M | 0.11% |
12,017,088
-738,456
| -6% | -$49.9M |
|
174
L3Harris
LHX
$55.4B
| $835M | 0.1% |
3,369,387
+144,509
| +4% | +$33.7M |
|
175
Centene
CNC
$30.5B
| $834M | 0.1% |
9,929,527
+213,638
| +2% | +$17.5M |
|
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.