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 | |
|---|---|---|---|---|---|---|
|
AEBI
2651
Aebi Schmidt Holding AG
AEBI
$1.01B
| $6.31M | ﹤0.01% |
498,458
-663
| -0.1% | -$7.91K |
|
2652
Foster
FSTR
$405M
| $6.29M | ﹤0.01% |
233,406
-2,045
| -0.9% | -$55.2K |
|
2653
Teekay
TK
$1.03B
| $6.28M | ﹤0.01% |
694,953
-2,569
| -0.4% | -$23.6K |
|
2654
Holley
HLLY
$362M
| $6.27M | ﹤0.01% |
1,518,974
+197,970
| +15% | +$713K |
|
|
ACRE
2655
Ares Commercial Real Estate
ACRE
$264M
| $6.27M | ﹤0.01% |
1,310,598
-18,719
| -1% | -$91K |
|
2656
Backblaze
BLZE
$1.26B
| $6.25M | ﹤0.01% |
1,341,863
+53,583
| +4% | +$367K |
|
2657
Timberland Bancorp
TSBK
$361M
| $6.22M | ﹤0.01% |
173,556
-2,180
| -1% | -$73.6K |
|
2658
Repay Holdings
RPAY
$311M
| $6.16M | ﹤0.01% |
1,687,059
-121,433
| -7% | -$487K |
|
2659
Mayville Engineering Co
MEC
$597M
| $6.16M | ﹤0.01% |
328,921
-5,952
| -2% | -$97.1K |
|
2660
Johnson Outdoors
JOUT
$499M
| $6.15M | ﹤0.01% |
144,816
+7,383
| +5% | +$306K |
|
2661
SIGA Technologies
SIGA
$207M
| $6.14M | ﹤0.01% |
1,004,734
+6,512
| +0.7% | +$46.3K |
|
2662
Waterstone Financial
WSBF
$378M
| $6.14M | ﹤0.01% |
370,663
-13,083
| -3% | -$205K |
|
|
RZLV
2663
Rezolve AI
RZLV
$1.06B
| $6.13M | ﹤0.01% |
2,386,363
+413,539
| +21% | +$1.56M |
|
|
CIO
2664
DELISTED
City Office REIT
CIO
| $6.13M | ﹤0.01% |
876,753
-55,642
| -6% | -$385K |
|
2665
Designer Brands
DBI
$311M
| $6.12M | ﹤0.01% |
823,792
-12,032
| -1% | -$57.8K |
|
2666
Benitec Biopharma
BNTC
$424M
| $6.11M | ﹤0.01% |
453,375
+14,870
| +3% | +$206K |
|
2667
Real Brokerage
REAX
$523M
| $6.11M | ﹤0.01% |
1,672,967
+281,651
| +20% | +$1.09M |
|
2668
DiaMedica Therapeutics
DMAC
$369M
| $6.08M | ﹤0.01% |
764,255
+52,437
| +7% | +$392K |
|
2669
Aldeyra Therapeutics
ALDX
$91.7M
| $6.06M | ﹤0.01% |
1,170,537
-5,883
| -0.5% | -$30.2K |
|
|
MITT
2670
TPG Mortgage Investment Trust
MITT
$213M
| $6.06M | ﹤0.01% |
710,876
+11,707
| +2% | +$91.8K |
|
2671
Microvision
MVIS
$89.7M
| $6.05M | ﹤0.01% |
487,090
+59,761
| +14% | +$953K |
|
2672
Aviat Networks
AVNW
$282M
| $6.04M | ﹤0.01% |
282,506
-1,752
| -0.6% | -$39.1K |
|
2673
Citi Trends
CTRN
$617M
| $6.02M | ﹤0.01% |
144,827
-1,302
| -0.9% | -$51.4K |
|
2674
Nathan's Famous
NATH
$397M
| $6.02M | ﹤0.01% |
64,279
+1,083
| +2% | +$109K |
|
|
GES
2675
DELISTED
Guess Inc
GES
| $6M | ﹤0.01% |
358,168
+14,897
| +4% | +$252K |
|
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.