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
|
+$1.53B |
| 2 |
NVIDIA
NVDA
|
+$1.07B |
| 3 |
Capital One
COF
|
+$1.02B |
| 4 |
Apple
AAPL
|
+$998M |
| 5 |
Amazon
AMZN
|
+$736M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DFS
Discover Financial Services
DFS
|
+$1.09B |
| 2 |
Palantir
PLTR
|
+$671M |
| 3 |
Coca-Cola
KO
|
+$501M |
| 4 |
Qualcomm
QCOM
|
+$435M |
| 5 |
Applovin
APP
|
+$362M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32.45% |
| 2 | Financials | 14.05% |
| 3 | Consumer Discretionary | 10.53% |
| 4 | Healthcare | 9.36% |
| 5 | Communication Services | 9.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
Quantum-Si Incorporated
QSI
$172M
| $6.76M | ﹤0.01% |
3,447,738
+452,850
| +15% | +$670K |
|
|
JBIO
2577
Jade Biosciences
JBIO
$1.51B
| $6.76M | ﹤0.01% |
676,431
+668,000
| +7,923% | +$22.7M |
|
2578
Nordic American Tanker
NAT
$1.4B
| $6.76M | ﹤0.01% |
2,568,766
+16,535
| +0.6% | +$43.1K |
|
2579
Latham Group
SWIM
$889M
| $6.75M | ﹤0.01% |
1,057,298
+28,454
| +3% | +$165K |
|
2580
American Coastal Insurance
ACIC
$461M
| $6.74M | ﹤0.01% |
606,117
+2,269
| +0.4% | +$25K |
|
2581
Amprius Technologies
AMPX
$1.74B
| $6.71M | ﹤0.01% |
1,593,607
+998,649
| +168% | +$2.81M |
|
|
PHLT
2582
DELISTED
Performant Healthcare Inc
PHLT
| $6.69M | ﹤0.01% |
1,672,412
-4,251
| -0.3% | -$12.1K |
|
2583
BayCom
BCML
$339M
| $6.67M | ﹤0.01% |
240,564
+2,897
| +1% | +$76.4K |
|
2584
Regencell Bioscience
RGC
$2.59B
| $6.66M | ﹤0.01% |
391,066
+132,058
| +51% | +$1.61M |
|
2585
Custom Truck One Source
CTOS
$2.33B
| $6.65M | ﹤0.01% |
1,346,479
+152,173
| +13% | +$656K |
|
2586
MasterCraft Boat Holdings
MCFT
$598M
| $6.65M | ﹤0.01% |
357,987
-3,075
| -0.9% | -$52.6K |
|
2587
VinFast Auto
VFS
$7.37B
| $6.65M | ﹤0.01% |
1,862,392
-133,841
| -7% | -$454K |
|
2588
Ponce Financial Group
PDLB
$501M
| $6.65M | ﹤0.01% |
480,257
+9,011
| +2% | +$116K |
|
2589
Haverty Furniture Companies
HVT
$450M
| $6.64M | ﹤0.01% |
326,003
-12,160
| -4% | -$238K |
|
|
KLC
2590
KinderCare Learning Companies
KLC
$572M
| $6.62M | ﹤0.01% |
655,391
+63,585
| +11% | +$735K |
|
2591
Treace Medical Concepts
TMCI
$293M
| $6.58M | ﹤0.01% |
1,119,581
+32,438
| +3% | +$211K |
|
2592
Aquestive Therapeutics
AQST
$533M
| $6.54M | ﹤0.01% |
1,977,001
+276,295
| +16% | +$793K |
|
2593
Utah Medical Products
UTMD
$230M
| $6.54M | ﹤0.01% |
114,816
+7,040
| +7% | +$383K |
|
2594
Red River Bancshares
RRBI
$681M
| $6.53M | ﹤0.01% |
111,163
+3,196
| +3% | +$173K |
|
2595
SIGA Technologies
SIGA
$207M
| $6.51M | ﹤0.01% |
997,948
-50,877
| -5% | -$305K |
|
2596
Park Aerospace
PKE
$811M
| $6.49M | ﹤0.01% |
439,194
+7,342
| +2% | +$99.4K |
|
|
VRNA
2597
DELISTED
Verona Pharma
VRNA
| $6.47M | ﹤0.01% |
68,430
+10,757
| +19% | +$796K |
|
2598
UroGen Pharma
URGN
$2.34B
| $6.45M | ﹤0.01% |
470,726
-2,604
| -0.6% | -$25K |
|
2599
Beyond Meat
BYND
$210M
| $6.44M | ﹤0.01% |
1,843,998
+250,628
| +16% | +$726K |
|
2600
FS Bancorp
FSBW
$326M
| $6.43M | ﹤0.01% |
163,340
+826
| +0.5% | +$32K |
|
Similar funds
Geode Capital Management's Q2 2025 Portfolio in Review
As of Q2 2025, Geode Capital Management held 4,594 positions worth $1.43T, up 12% from $1.27T the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Geode Capital Management's Q2 2025 filing shows 119 new, 2,787 increased, 1,425 reduced and 150 closed positions. Its largest new stake was Emera Inc: 3,219,448 shares worth $152M. The largest sale was Discover Financial Services, an estimated $1.09B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 29% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q2 2025 buy was Emera Inc: 3,219,448 shares worth $152M.
- Geode Capital Management added most to Microsoft in Q2 2025, an estimated $1.53B increase.
- Geode Capital Management's biggest Q2 2025 reduction was Palantir, cutting an estimated $671M.
- Geode Capital Management fully exited Discover Financial Services in Q2 2025, selling an estimated $1.09B.
- Geode Capital Management's ten largest holdings make up 32% of its $1.43T portfolio in Q2 2025.
- Geode Capital Management opened 119 new positions and closed 150 in Q2 2025.
- Geode Capital Management's portfolio value rose 12% quarter-over-quarter to $1.43T.
Based on Geode Capital Management's 13F filing for Q2 2025, filed 8 Aug 2025.