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 | |
|---|---|---|---|---|---|---|
2726
Cellebrite
CLBT
$2.69B
| $5.03M | ﹤0.01% |
314,440
+43,898
| +16% | +$783K |
|
|
SION
2727
Sionna Therapeutics
SION
$296M
| $5.02M | ﹤0.01% |
289,275
+153,712
| +113% | +$2.01M |
|
|
CIO
2728
DELISTED
City Office REIT
CIO
| $5.01M | ﹤0.01% |
938,741
-23,979
| -2% | -$120K |
|
2729
Costamare
CMRE
$1.74B
| $5M | ﹤0.01% |
548,523
+24,727
| +5% | +$220K |
|
2730
Verastem
VSTM
$604M
| $4.98M | ﹤0.01% |
1,199,259
+238,995
| +25% | +$1.5M |
|
|
LPRO
2731
DELISTED
Open Lending Corp
LPRO
| $4.98M | ﹤0.01% |
2,564,948
+98,515
| +4% | +$159K |
|
2732
Rocket Pharmaceuticals
RCKT
$367M
| $4.98M | ﹤0.01% |
2,030,891
+36,847
| +2% | +$187K |
|
2733
iHeartMedia
IHRT
$464M
| $4.97M | ﹤0.01% |
2,822,306
+186,402
| +7% | +$248K |
|
2734
KULR Technology Group
KULR
$137M
| $4.93M | ﹤0.01% |
691,880
+439,049
| +174% | +$4.16M |
|
|
RSVR
2735
Reservoir Media
RSVR
$656M
| $4.92M | ﹤0.01% |
641,418
+17,384
| +3% | +$128K |
|
2736
Digimarc Corp
DMRC
$158M
| $4.91M | ﹤0.01% |
371,835
+5,191
| +1% | +$66.6K |
|
2737
Universal Logistics Holdings
ULH
$518M
| $4.91M | ﹤0.01% |
193,413
+8,039
| +4% | +$199K |
|
|
NESR
2738
National Energy Services Reunited Corp
NESR
$3.62B
| $4.91M | ﹤0.01% |
815,209
+780,180
| +2,227% | +$4.84M |
|
|
PVBC
2739
DELISTED
Provident Bancorp
PVBC
| $4.91M | ﹤0.01% |
392,696
+10,082
| +3% | +$115K |
|
|
FVR
2740
FrontView REIT
FVR
$487M
| $4.9M | ﹤0.01% |
408,633
+76,619
| +23% | +$906K |
|
2741
McEwen Inc
MUX
$1.14B
| $4.9M | ﹤0.01% |
509,426
+1,585
| +0.3% | +$12.9K |
|
|
FBLA
2742
FB Bancorp
FBLA
$252M
| $4.89M | ﹤0.01% |
434,736
+227,274
| +110% | +$2.51M |
|
|
OLPX
2743
DELISTED
Olaplex Holdings
OLPX
| $4.89M | ﹤0.01% |
3,491,353
-213,041
| -6% | -$278K |
|
|
INZY
2744
DELISTED
Inozyme Pharma
INZY
| $4.89M | ﹤0.01% |
1,221,125
-9,640
| -0.8% | -$23.9K |
|
2745
3D Systems Corp
DDD
$601M
| $4.88M | ﹤0.01% |
3,165,629
+105,500
| +3% | +$191K |
|
2746
Velocity Financial
VEL
$715M
| $4.86M | ﹤0.01% |
262,352
+67,258
| +34% | +$1.18M |
|
2747
Forum Energy Technologies
FET
$927M
| $4.86M | ﹤0.01% |
249,520
-4,892
| -2% | -$79.2K |
|
2748
Benitec Biopharma
BNTC
$431M
| $4.86M | ﹤0.01% |
415,211
+181,391
| +78% | +$2.54M |
|
2749
Citi Trends
CTRN
$621M
| $4.85M | ﹤0.01% |
145,065
-27,414
| -16% | -$698K |
|
2750
Codexis
CDXS
$175M
| $4.83M | ﹤0.01% |
1,977,869
+52,588
| +3% | +$123K |
|
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.