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 |
Microsoft
MSFT
|
+$958M |
| 2 |
AbbVie
ABBV
|
+$955M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$762M |
| 4 |
CRH
CRH
|
+$705M |
| 5 |
Walmart Inc
WMT
|
+$700M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
K
Kellanova
K
|
+$604M |
| 2 |
DuPont de Nemours
DD
|
+$568M |
| 3 |
Applied Materials
AMAT
|
+$558M |
| 4 |
IPG
Interpublic Group of Companies
IPG
|
+$277M |
| 5 |
Blackstone
BX
|
+$249M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.03% |
| 2 | Financials | 13.5% |
| 3 | Consumer Discretionary | 10.4% |
| 4 | Communication Services | 10.05% |
| 5 | Healthcare | 9.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2551
Rocket Pharmaceuticals
RCKT
$361M
| $7.44M | ﹤0.01% |
2,120,269
+205,715
| +11% | +$704K |
|
2552
Cadiz
CDZI
$283M
| $7.44M | ﹤0.01% |
1,325,245
+17,117
| +1% | +$91.9K |
|
2553
STRATTEC Security
STRT
$340M
| $7.41M | ﹤0.01% |
97,246
+6,403
| +7% | +$459K |
|
2554
Byrna Technologies
BYRN
$96.4M
| $7.4M | ﹤0.01% |
440,843
+1,126
| +0.3% | +$21.9K |
|
2555
Infosys
INFY
$49.3B
| $7.39M | ﹤0.01% |
414,618
+3,642
| +0.9% | +$63K |
|
2556
Orange County Bancorp
OBT
$531M
| $7.39M | ﹤0.01% |
258,623
+8,955
| +4% | +$235K |
|
|
ILPT
2557
Industrial Logistics Properties Trust
ILPT
$615M
| $7.38M | ﹤0.01% |
1,332,681
-16,819
| -1% | -$93K |
|
|
LENZ
2558
LENZ Therapeutics
LENZ
$147M
| $7.38M | ﹤0.01% |
461,075
+6,179
| +1% | +$180K |
|
|
ABX
2559
Abacus Global Management
ABX
$928M
| $7.35M | ﹤0.01% |
859,885
-47,985
| -5% | -$316K |
|
2560
Zegna
ZGN
$3.72B
| $7.33M | ﹤0.01% |
714,708
-12,225
| -2% | -$125K |
|
2561
Bankwell Financial Group
BWFG
$546M
| $7.3M | ﹤0.01% |
159,281
-1,115
| -0.7% | -$50.3K |
|
2562
OrthoPediatrics
KIDS
$653M
| $7.29M | ﹤0.01% |
410,569
-7,283
| -2% | -$128K |
|
2563
Equinox Gold
EQX
$13.5B
| $7.29M | ﹤0.01% |
507,199
+105,504
| +26% | +$1.33M |
|
2564
Simulations Plus
SLP
$371M
| $7.29M | ﹤0.01% |
399,811
+5,720
| +1% | +$100K |
|
|
GBFH
2565
GBank Financial Holdings
GBFH
$318M
| $7.29M | ﹤0.01% |
214,942
-378
| -0.2% | -$13.8K |
|
2566
FerroAtlántica
GSM
$811M
| $7.25M | ﹤0.01% |
1,562,893
-36,046
| -2% | -$166K |
|
|
CCRN
2567
DELISTED
Cross Country Healthcare
CCRN
| $7.24M | ﹤0.01% |
893,620
+14,733
| +2% | +$161K |
|
2568
Aclaris Therapeutics
ACRS
$833M
| $7.2M | ﹤0.01% |
2,392,772
+3,241
| +0.1% | +$8.19K |
|
2569
Anavex Life Sciences
AVXL
$294M
| $7.2M | ﹤0.01% |
2,022,912
-4,415
| -0.2% | -$27K |
|
2570
NRC Health Common Stock
NRC
$476M
| $7.2M | ﹤0.01% |
383,511
-20,886
| -5% | -$315K |
|
|
WBTN
2571
WEBTOON Entertainment Inc
WBTN
$1.11B
| $7.17M | ﹤0.01% |
550,280
+23,420
| +4% | +$359K |
|
2572
Solid Biosciences
SLDB
$948M
| $7.15M | ﹤0.01% |
1,267,392
-19,851
| -2% | -$108K |
|
2573
BayCom
BCML
$344M
| $7.14M | ﹤0.01% |
242,748
+82
| +0% | +$2.37K |
|
2574
Latham Group
SWIM
$881M
| $7.1M | ﹤0.01% |
1,117,820
+3,149
| +0.3% | +$22K |
|
|
SDEV
2575
Stablecoin Development Corp
SDEV
$52.1M
| $7.1M | ﹤0.01% |
251,541
+241,197
| +2,332% | +$2.23M |
|
Similar funds
Geode Capital Management's Q4 2025 Portfolio in Review
As of Q4 2025, Geode Capital Management held 4,586 positions worth $1.62T, up 3.4% from $1.57T the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Geode Capital Management's Q4 2025 filing shows 113 new, 2,855 increased, 1,222 reduced and 117 closed positions. Its largest new stake was Qnity Electronics Inc: 5,358,208 shares worth $436M. The largest sale was Kellanova, an estimated $604M.
By sector, the portfolio is most concentrated in Technology at 33% of assets, down from 34% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q4 2025 buy was Qnity Electronics Inc: 5,358,208 shares worth $436M.
- Geode Capital Management added most to Microsoft in Q4 2025, an estimated $958M increase.
- Geode Capital Management's biggest Q4 2025 reduction was DuPont de Nemours, cutting an estimated $568M.
- Geode Capital Management fully exited Kellanova in Q4 2025, selling an estimated $604M.
- Geode Capital Management's ten largest holdings make up 34% of its $1.62T portfolio in Q4 2025.
- Geode Capital Management opened 113 new positions and closed 117 in Q4 2025.
- Geode Capital Management's portfolio value rose 3.4% quarter-over-quarter to $1.62T.
Based on Geode Capital Management's 13F filing for Q4 2025, filed 9 Feb 2026.