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 | |
|---|---|---|---|---|---|---|
2626
Regional Management Corp
RM
$301M
| $6.19M | ﹤0.01% |
211,734
+12,740
| +6% | +$371K |
|
2627
Real Brokerage
REAX
$523M
| $6.18M | ﹤0.01% |
1,369,849
+85,007
| +7% | +$366K |
|
2628
Humacyte
HUMA
$148M
| $6.16M | ﹤0.01% |
2,948,508
+738,142
| +33% | +$1.42M |
|
2629
Erasca
ERAS
$6.25B
| $6.14M | ﹤0.01% |
4,835,642
+77,790
| +2% | +$104K |
|
2630
Cerus
CERS
$572M
| $6.13M | ﹤0.01% |
4,349,030
-193,165
| -4% | -$258K |
|
2631
Organogenesis Holdings
ORGO
$226M
| $6.13M | ﹤0.01% |
1,673,866
-30,010
| -2% | -$112K |
|
2632
First Bancorp
FNLC
$401M
| $6.12M | ﹤0.01% |
240,885
+1,063
| +0.4% | +$25.8K |
|
|
TERN
2633
DELISTED
Terns Pharmaceuticals
TERN
| $6.09M | ﹤0.01% |
1,633,349
+59,145
| +4% | +$185K |
|
2634
Greif Class B
GEF.B
$4.22B
| $6.09M | ﹤0.01% |
88,154
+9,774
| +12% | +$593K |
|
2635
Colony Bankcorp
CBAN
$471M
| $6.06M | ﹤0.01% |
367,897
+10,798
| +3% | +$167K |
|
|
LOVE
2636
LoveSac
LOVE
$258M
| $6.06M | ﹤0.01% |
332,868
-12,367
| -4% | -$235K |
|
2637
Compass Therapeutics
CMPX
$407M
| $6.03M | ﹤0.01% |
2,319,132
-45,764
| -2% | -$94.4K |
|
2638
Savers
SVV
$1.67B
| $6.03M | ﹤0.01% |
590,637
+31,305
| +6% | +$306K |
|
2639
Target Hospitality
TH
$1.62B
| $6.02M | ﹤0.01% |
845,378
+14,825
| +2% | +$103K |
|
2640
Petco
WOOF
$817M
| $6M | ﹤0.01% |
2,120,270
-167,868
| -7% | -$522K |
|
2641
Natural Gas Services Group
NGS
$474M
| $5.96M | ﹤0.01% |
230,817
+3,221
| +1% | +$72.3K |
|
2642
Rayonier Advanced Materials
RYAM
$570M
| $5.93M | ﹤0.01% |
1,539,236
+19,999
| +1% | +$84K |
|
2643
Ardmore Shipping
ASC
$707M
| $5.91M | ﹤0.01% |
615,300
-46,854
| -7% | -$451K |
|
2644
Quanterix
QTRX
$135M
| $5.9M | ﹤0.01% |
887,080
+21,210
| +2% | +$118K |
|
|
SKYT
2645
DELISTED
SkyWater Technology
SKYT
| $5.89M | ﹤0.01% |
598,603
-3,322
| -0.6% | -$26.8K |
|
2646
James River Group Holdings
JRVR
$200M
| $5.88M | ﹤0.01% |
1,002,499
+95,351
| +11% | +$484K |
|
2647
AMC Global Media
AMCX
$496M
| $5.85M | ﹤0.01% |
933,023
+36,203
| +4% | +$229K |
|
2648
Tactile Systems Technology
TCMD
$537M
| $5.84M | ﹤0.01% |
575,643
-11,133
| -2% | -$127K |
|
2649
Aura Biosciences
AURA
$791M
| $5.82M | ﹤0.01% |
929,974
-95,582
| -9% | -$559K |
|
2650
Immersion
IMMR
$248M
| $5.78M | ﹤0.01% |
733,639
-1,659
| -0.2% | -$12.3K |
|
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.