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 |
Applovin
APP
|
+$1.56B |
| 2 |
Amazon
AMZN
|
+$1.34B |
| 3 |
Eli Lilly
LLY
|
+$1.26B |
| 4 |
NVIDIA
NVDA
|
+$1.08B |
| 5 |
Chevron
CVX
|
+$1.03B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HES
Hess
HES
|
+$964M |
| 2 |
ANSS
Ansys
ANSS
|
+$924M |
| 3 |
Johnson & Johnson
JNJ
|
+$753M |
| 4 |
JNPR
Juniper Networks
JNPR
|
+$418M |
| 5 |
American Express
AXP
|
+$253M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.52% |
| 2 | Financials | 13.57% |
| 3 | Consumer Discretionary | 10.61% |
| 4 | Communication Services | 9.71% |
| 5 | Healthcare | 9.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HIVE
2751
HIVE Digital Technologies
HIVE
$706M
| $5.25M | ﹤0.01% |
1,302,282
+5,751
| +0.4% | +$15.5K |
|
2752
Primis Financial Corp
FRST
$411M
| $5.25M | ﹤0.01% |
499,105
+4,479
| +0.9% | +$50K |
|
2753
Design Therapeutics
DSGN
$917M
| $5.24M | ﹤0.01% |
695,613
-98,395
| -12% | -$493K |
|
2754
Puma Biotechnology
PBYI
$450M
| $5.22M | ﹤0.01% |
983,522
+11,848
| +1% | +$50.2K |
|
|
RSVR
2755
Reservoir Media
RSVR
$646M
| $5.22M | ﹤0.01% |
641,080
-338
| -0.1% | -$2.64K |
|
2756
Contango Silver & Gold Inc
CTGO
$657M
| $5.2M | ﹤0.01% |
208,663
-3,873
| -2% | -$82.3K |
|
|
ABX
2757
Abacus Global Management
ABX
$833M
| $5.2M | ﹤0.01% |
907,870
+561,788
| +162% | +$3.34M |
|
|
BULL
2758
Webull Corp
BULL
$4.23B
| $5.17M | ﹤0.01% |
349,855
+31,306
| +10% | +$446K |
|
2759
Paysafe
PSFE
$352M
| $5.17M | ﹤0.01% |
400,358
+909
| +0.2% | +$12.2K |
|
2760
NRC Health Common Stock
NRC
$471M
| $5.17M | ﹤0.01% |
404,397
+99
| +0% | +$1.49K |
|
|
TBRG
2761
DELISTED
TruBridge
TBRG
| $5.16M | ﹤0.01% |
255,777
-12,771
| -5% | -$269K |
|
2762
First United
FUNC
$294M
| $5.13M | ﹤0.01% |
139,408
-531
| -0.4% | -$18.7K |
|
|
MBCN
2763
DELISTED
Middlefield Banc Corp
MBCN
| $5.12M | ﹤0.01% |
170,738
-396
| -0.2% | -$11.9K |
|
2764
Norwood Financial Corp
NWFL
$376M
| $5.11M | ﹤0.01% |
200,971
-887
| -0.4% | -$22.6K |
|
2765
Oppenheimer Holdings
OPY
$1.23B
| $5.1M | ﹤0.01% |
68,985
+1,100
| +2% | +$79.7K |
|
|
JCAP
2766
Jefferson Capital
JCAP
$1.3B
| $5.08M | ﹤0.01% |
+294,525
| New | +$5.23M |
|
|
BZAI
2767
Blaize Holdings
BZAI
$166M
| $5.07M | ﹤0.01% |
1,470,722
+815,043
| +124% | +$2.9M |
|
2768
Sportradar
SRAD
$3.84B
| $5.07M | ﹤0.01% |
188,422
+6,310
| +3% | +$187K |
|
|
MITT
2769
TPG Mortgage Investment Trust
MITT
$213M
| $5.06M | ﹤0.01% |
699,169
+12,275
| +2% | +$93.2K |
|
2770
Rocky Brands
RCKY
$356M
| $5.06M | ﹤0.01% |
169,865
-542
| -0.3% | -$14.6K |
|
|
SCPH
2771
DELISTED
scPharmaceuticals
SCPH
| $5.06M | ﹤0.01% |
892,301
+142,817
| +19% | +$731K |
|
2772
Parke Bancorp
PKBK
$409M
| $5.06M | ﹤0.01% |
234,696
-1,602
| -0.7% | -$34.8K |
|
2773
Western New England Bancorp
WNEB
$282M
| $5.04M | ﹤0.01% |
419,867
-14,256
| -3% | -$162K |
|
2774
Karat Packaging
KRT
$962M
| $5.04M | ﹤0.01% |
199,897
+30,254
| +18% | +$796K |
|
2775
Paysign
PAYS
$723M
| $5.01M | ﹤0.01% |
796,599
+8,099
| +1% | +$51.8K |
|
Similar funds
Geode Capital Management's Q3 2025 Portfolio in Review
As of Q3 2025, Geode Capital Management held 4,592 positions worth $1.57T, up 9.9% from $1.43T the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Geode Capital Management's Q3 2025 filing shows 148 new, 2,907 increased, 1,130 reduced and 119 closed positions. Its largest new stake was Paramount Skydance Corp: 8,343,504 shares worth $158M. The largest sale was Hess, an estimated $964M.
By sector, the portfolio is most concentrated in Technology at 34% of assets, up from 32% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q3 2025 buy was Paramount Skydance Corp: 8,343,504 shares worth $158M.
- Geode Capital Management added most to Applovin in Q3 2025, an estimated $1.56B increase.
- Geode Capital Management's biggest Q3 2025 reduction was Johnson & Johnson, cutting an estimated $753M.
- Geode Capital Management fully exited Hess in Q3 2025, selling an estimated $964M.
- Geode Capital Management's ten largest holdings make up 34% of its $1.57T portfolio in Q3 2025.
- Geode Capital Management opened 148 new positions and closed 119 in Q3 2025.
- Geode Capital Management's portfolio value rose 9.9% quarter-over-quarter to $1.57T.
Based on Geode Capital Management's 13F filing for Q3 2025, filed 12 Nov 2025.