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 | |
|---|---|---|---|---|---|---|
2301
BlackBerry
BB
$5.2B
| $10.8M | ﹤0.01% |
1,461,032
+35,928
| +3% | +$271K |
|
2302
Expro Ltd
XPRO
$1.88B
| $10.7M | ﹤0.01% |
604,600
-11,752
| -2% | -$188K |
|
2303
Xometry
XMTR
$5.06B
| $10.7M | ﹤0.01% |
292,218
+131,167
| +81% | +$6M |
|
|
NGM
2304
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $10.7M | ﹤0.01% |
702,314
+4,340
| +0.6% | +$67.7K |
|
2305
Midland States Bancorp
MSBI
$717M
| $10.7M | ﹤0.01% |
370,901
+174
| +0% | +$4.98K |
|
2306
Barrett Business Services
BBSI
$984M
| $10.7M | ﹤0.01% |
552,640
-19,488
| -3% | -$329K |
|
|
WSR
2307
DELISTED
Whitestone REIT
WSR
| $10.7M | ﹤0.01% |
807,056
-2,573
| -0.3% | -$29.5K |
|
|
PLL
2308
DELISTED
Piedmont Lithium
PLL
| $10.7M | ﹤0.01% |
146,474
+2,054
| +1% | +$115K |
|
2309
York Water
YORW
$502M
| $10.7M | ﹤0.01% |
237,464
+4,976
| +2% | +$222K |
|
|
DHIL
2310
DELISTED
Diamond Hill
DHIL
| $10.7M | ﹤0.01% |
56,918
+2,483
| +5% | +$461K |
|
2311
New Oriental
EDU
$8.96B
| $10.6M | ﹤0.01% |
930,315
+73,132
| +9% | +$1.06M |
|
2312
Clarus
CLAR
$129M
| $10.6M | ﹤0.01% |
466,814
+22,904
| +5% | +$531K |
|
|
DX
2313
Dynex Capital
DX
$3.17B
| $10.6M | ﹤0.01% |
654,766
+66,089
| +11% | +$1.07M |
|
2314
Hackett Group
HCKT
$284M
| $10.6M | ﹤0.01% |
459,184
+11,693
| +3% | +$238K |
|
2315
DMC Global
BOOM
$150M
| $10.5M | ﹤0.01% |
345,892
+16,494
| +5% | +$598K |
|
2316
NRC Health Common Stock
NRC
$434M
| $10.5M | ﹤0.01% |
265,768
+11,681
| +5% | +$457K |
|
2317
Tootsie Roll Industries
TR
$2.98B
| $10.5M | ﹤0.01% |
339,169
+13,055
| +4% | +$390K |
|
2318
RE/MAX Holdings
RMAX
$207M
| $10.5M | ﹤0.01% |
379,379
-20,230
| -5% | -$596K |
|
2319
Icahn Enterprises
IEP
$5.19B
| $10.5M | ﹤0.01% |
202,509
+1,050
| +0.5% | +$56.3K |
|
|
TDAY
2320
USA Today Co
TDAY
$1.32B
| $10.5M | ﹤0.01% |
2,324,793
+48,653
| +2% | +$247K |
|
2321
Peapack-Gladstone Financial
PGC
$827M
| $10.5M | ﹤0.01% |
301,570
-19,049
| -6% | -$701K |
|
2322
Ethan Allen Interiors
ETD
$608M
| $10.5M | ﹤0.01% |
401,556
+12,528
| +3% | +$323K |
|
|
GPMT
2323
Granite Point Mortgage Trust
GPMT
$70M
| $10.4M | ﹤0.01% |
938,740
-54,373
| -5% | -$623K |
|
|
TTCF
2324
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $10.4M | ﹤0.01% |
827,294
+25,822
| +3% | +$327K |
|
2325
SFL Corp
SFL
$1.61B
| $10.4M | ﹤0.01% |
1,019,467
-287,190
| -22% | -$2.65M |
|
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.