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 | |
|---|---|---|---|---|---|---|
|
RWT
1876
Redwood Trust
RWT
$580M
| $20.9M | ﹤0.01% |
1,986,582
+49,297
| +3% | +$561K |
|
1877
Alight
ALIT
$517M
| $20.9M | ﹤0.01% |
105,026
+1,545
| +1% | +$304K |
|
1878
TG Therapeutics
TGTX
$7.07B
| $20.8M | ﹤0.01% |
2,188,471
-121,366
| -5% | -$1.4M |
|
|
VISN
1879
Vistance Networks Inc
VISN
$2.72B
| $20.8M | ﹤0.01% |
2,639,708
+18,056
| +0.7% | +$165K |
|
|
BRMK
1880
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $20.8M | ﹤0.01% |
2,402,080
+99,382
| +4% | +$887K |
|
1881
Ryan Specialty Holdings
RYAN
$5.65B
| $20.8M | ﹤0.01% |
535,011
+43,904
| +9% | +$1.67M |
|
1882
DNOW Inc
DNOW
$2.6B
| $20.7M | ﹤0.01% |
1,879,941
+37,110
| +2% | +$360K |
|
1883
AZZ Inc
AZZ
$4.48B
| $20.7M | ﹤0.01% |
429,767
-16,141
| -4% | -$799K |
|
|
SPTN
1884
DELISTED
SpartanNash
SPTN
| $20.7M | ﹤0.01% |
628,082
+21,587
| +4% | +$610K |
|
1885
Central Garden & Pet Co
CENT
$2.72B
| $20.7M | ﹤0.01% |
588,791
-10,130
| -2% | -$376K |
|
1886
S&T Bancorp
STBA
$1.85B
| $20.7M | ﹤0.01% |
699,905
+11,166
| +2% | +$351K |
|
|
VIVO
1887
DELISTED
Meridian Bioscience Inc
VIVO
| $20.7M | ﹤0.01% |
797,278
+25,146
| +3% | +$598K |
|
1888
Bausch Health
BHC
$2.62B
| $20.7M | ﹤0.01% |
897,053
+78,279
| +10% | +$1.91M |
|
1889
Nabors Industries
NBR
$1.25B
| $20.6M | ﹤0.01% |
134,914
-13,129
| -9% | -$1.65M |
|
1890
Center Bancorp
CNOB
$1.68B
| $20.6M | ﹤0.01% |
643,181
+7,928
| +1% | +$265K |
|
|
CUTR
1891
DELISTED
Cutera, Inc.
CUTR
| $20.6M | ﹤0.01% |
297,983
+4,899
| +2% | +$198K |
|
1892
Standex International
SXI
$3.78B
| $20.6M | ﹤0.01% |
205,732
+2,888
| +1% | +$303K |
|
1893
Uranium Energy
UEC
$4.93B
| $20.6M | ﹤0.01% |
4,477,130
-216,588
| -5% | -$797K |
|
1894
ProPetro Holding
PUMP
$1.37B
| $20.5M | ﹤0.01% |
1,474,193
+77,554
| +6% | +$927K |
|
1895
FirstService
FSV
$6.61B
| $20.5M | ﹤0.01% |
142,242
+2,045
| +1% | +$311K |
|
1896
National Bank Holdings
NBHC
$1.92B
| $20.4M | ﹤0.01% |
507,446
+11,085
| +2% | +$493K |
|
1897
CTS Corp
CTS
$1.86B
| $20.4M | ﹤0.01% |
577,670
+21,811
| +4% | +$762K |
|
|
SAFE
1898
DELISTED
Safehold Inc.
SAFE
| $20.4M | ﹤0.01% |
367,712
+9,347
| +3% | +$579K |
|
|
RTL
1899
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $20.4M | ﹤0.01% |
2,575,703
-125,369
| -5% | -$1.02M |
|
1900
Nicolet Bankshares
NIC
$3.65B
| $20.3M | ﹤0.01% |
217,412
-43
| -0% | -$4.01K |
|
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.