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 | |
|---|---|---|---|---|---|---|
|
NEXN
2701
Nexxen International
NEXN
$598M
| $5.31M | ﹤0.01% |
509,808
+465,936
| +1,062% | +$4.73M |
|
2702
Fidelity D&D Bancorp
FDBC
$321M
| $5.25M | ﹤0.01% |
114,165
+1,945
| +2% | +$79.9K |
|
2703
Foster
FSTR
$404M
| $5.21M | ﹤0.01% |
238,041
+16,320
| +7% | +$319K |
|
2704
Norwood Financial Corp
NWFL
$376M
| $5.21M | ﹤0.01% |
201,858
+6,238
| +3% | +$156K |
|
2705
Tredegar Corp
TG
$278M
| $5.19M | ﹤0.01% |
589,275
+1,506
| +0.3% | +$12.1K |
|
|
MITT
2706
TPG Mortgage Investment Trust
MITT
$214M
| $5.19M | ﹤0.01% |
686,894
+26,315
| +4% | +$182K |
|
|
SNWV
2707
SANUWAVE Health Inc
SNWV
$41M
| $5.18M | ﹤0.01% |
+157,727
| New | +$4.77M |
|
2708
ReposiTrak
TRAK
$158M
| $5.18M | ﹤0.01% |
263,690
-3,030
| -1% | -$63.5K |
|
|
PWOD
2709
DELISTED
Penns Woods Bancorp
PWOD
| $5.17M | ﹤0.01% |
170,332
+90,282
| +113% | +$2.59M |
|
|
ATXS
2710
DELISTED
Astria Therapeutics
ATXS
| $5.17M | ﹤0.01% |
963,938
-15,657
| -2% | -$75.9K |
|
|
SEPN
2711
Septerna Inc
SEPN
$2.11B
| $5.16M | ﹤0.01% |
487,956
+78,316
| +19% | +$645K |
|
|
MBCN
2712
DELISTED
Middlefield Banc Corp
MBCN
| $5.15M | ﹤0.01% |
171,134
+3,308
| +2% | +$92.2K |
|
2713
Palladyne AI
PDYN
$310M
| $5.13M | ﹤0.01% |
592,640
+375,440
| +173% | +$2.66M |
|
|
XOMA
2714
DELISTED
Xoma
XOMA
| $5.13M | ﹤0.01% |
203,601
+16,929
| +9% | +$405K |
|
2715
Sportradar
SRAD
$4.02B
| $5.11M | ﹤0.01% |
182,112
+9,162
| +5% | +$218K |
|
2716
Westrock Coffee
WEST
$820M
| $5.1M | ﹤0.01% |
889,835
+651
| +0.1% | +$4.2K |
|
|
DENN
2717
DELISTED
Denny's
DENN
| $5.09M | ﹤0.01% |
1,241,142
+13,816
| +1% | +$53K |
|
2718
Mayville Engineering Co
MEC
$597M
| $5.08M | ﹤0.01% |
318,321
+27,552
| +9% | +$394K |
|
|
STRZ
2719
Starz Entertainment Corp
STRZ
$479M
| $5.08M | ﹤0.01% |
+315,794
| New | +$5M |
|
2720
Zumiez
ZUMZ
$319M
| $5.07M | ﹤0.01% |
382,561
+6,682
| +2% | +$84.4K |
|
2721
Monte Rosa Therapeutics
GLUE
$1.35B
| $5.07M | ﹤0.01% |
1,124,160
+120,098
| +12% | +$536K |
|
|
BORR
2722
Borr Drilling
BORR
$1.25B
| $5.06M | ﹤0.01% |
2,765,054
-139,203
| -5% | -$263K |
|
2723
Paysafe
PSFE
$405M
| $5.04M | ﹤0.01% |
399,449
+7,155
| +2% | +$97.9K |
|
2724
Viant Technology
DSP
$274M
| $5.04M | ﹤0.01% |
380,598
+22,857
| +6% | +$313K |
|
2725
Motorcar Parts of America
MPAA
$235M
| $5.03M | ﹤0.01% |
449,077
+225,225
| +101% | +$2.26M |
|
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.