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 | |
|---|---|---|---|---|---|---|
2001
Columbia Financial
CLBK
$1.11B
| $17M | ﹤0.01% |
789,518
+11,210
| +1% | +$239K |
|
|
AVTA
2002
DELISTED
Avantax, Inc. Common Stock
AVTA
| $17M | ﹤0.01% |
867,811
+28,314
| +3% | +$513K |
|
2003
Cars.com
CARS
$676M
| $16.9M | ﹤0.01% |
1,171,499
+35,882
| +3% | +$551K |
|
|
PYCR
2004
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $16.9M | ﹤0.01% |
579,007
+82,191
| +17% | +$2.19M |
|
2005
Kearny Financial
KRNY
$610M
| $16.8M | ﹤0.01% |
1,302,182
+16,077
| +1% | +$213K |
|
2006
XPEL
XPEL
$1.24B
| $16.8M | ﹤0.01% |
318,658
+10,444
| +3% | +$645K |
|
2007
Quanterix
QTRX
$175M
| $16.7M | ﹤0.01% |
573,548
+4,288
| +0.8% | +$131K |
|
2008
MannKind Corp
MNKD
$1.17B
| $16.7M | ﹤0.01% |
4,534,505
+263,447
| +6% | +$963K |
|
|
NTUS
2009
DELISTED
Natus Medical Inc
NTUS
| $16.7M | ﹤0.01% |
634,905
+28,753
| +5% | +$702K |
|
2010
Origin Bancorp
OBK
$1.69B
| $16.6M | ﹤0.01% |
393,493
+11,436
| +3% | +$501K |
|
|
IMGN
2011
DELISTED
Immunogen Inc
IMGN
| $16.6M | ﹤0.01% |
3,489,369
-57,398
| -2% | -$318K |
|
|
ACCD
2012
DELISTED
Accolade Inc
ACCD
| $16.6M | ﹤0.01% |
945,428
-7,496
| -0.8% | -$138K |
|
2013
Metallus
MTUS
$851M
| $16.5M | ﹤0.01% |
755,723
+40,024
| +6% | +$704K |
|
|
GLDD
2014
DELISTED
Great Lakes Dredge & Dock
GLDD
| $16.5M | ﹤0.01% |
1,176,750
+1,551
| +0.1% | +$22.3K |
|
2015
CEVA Inc
CEVA
$927M
| $16.5M | ﹤0.01% |
405,399
+11,231
| +3% | +$437K |
|
2016
Krispy Kreme
DNUT
$528M
| $16.5M | ﹤0.01% |
1,109,665
+547,270
| +97% | +$8.21M |
|
2017
Gevo
GEVO
$355M
| $16.4M | ﹤0.01% |
3,512,691
+200,398
| +6% | +$766K |
|
2018
Adtran
ADTN
$718M
| $16.4M | ﹤0.01% |
889,429
+45,693
| +5% | +$905K |
|
2019
CNA Financial
CNA
$14.5B
| $16.4M | ﹤0.01% |
336,402
+12,885
| +4% | +$599K |
|
2020
LeMaitre Vascular
LMAT
$2.37B
| $16.3M | ﹤0.01% |
351,435
-3,052
| -0.9% | -$137K |
|
2021
Orion
OEC
$385M
| $16.3M | ﹤0.01% |
1,020,909
-27,649
| -3% | -$476K |
|
2022
Anterix
ATEX
$1.87B
| $16.3M | ﹤0.01% |
280,694
+13,024
| +5% | +$712K |
|
2023
Crinetics Pharmaceuticals
CRNX
$8.87B
| $16.3M | ﹤0.01% |
740,385
+41,647
| +6% | +$843K |
|
|
MODN
2024
DELISTED
MODEL N, INC.
MODN
| $16.2M | ﹤0.01% |
603,682
+38,985
| +7% | +$1.02M |
|
2025
Usana Health Sciences
USNA
$422M
| $16.2M | ﹤0.01% |
204,240
-7,712
| -4% | -$695K |
|
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.