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 | |
|---|---|---|---|---|---|---|
|
SEVN
2776
Seven Hills Realty Trust
SEVN
$174M
| $4.96M | ﹤0.01% |
557,604
+199,318
| +56% | +$1.87M |
|
|
DRUG
2777
Bright Minds Biosciences
DRUG
$779M
| $4.96M | ﹤0.01% |
63,546
+5,647
| +10% | +$377K |
|
|
ACH
2778
Accendra Health
ACH
$84.6M
| $4.96M | ﹤0.01% |
1,769,563
+308,762
| +21% | +$1.1M |
|
2779
FVCBankcorp
FVCB
$339M
| $4.95M | ﹤0.01% |
356,004
-3,612
| -1% | -$46.2K |
|
2780
Rocky Brands
RCKY
$353M
| $4.95M | ﹤0.01% |
168,812
-1,053
| -0.6% | -$31K |
|
2781
Agilon Health
AGL
$1.45B
| $4.94M | ﹤0.01% |
287,099
+1,402
| +0.5% | +$27.2K |
|
|
SMLR
2782
DELISTED
Semler Scientific
SMLR
| $4.94M | ﹤0.01% |
322,706
+22,443
| +7% | +$509K |
|
2783
Better Home & Finance Holding
BETR
$21.6M
| $4.93M | ﹤0.01% |
151,187
+11,922
| +9% | +$644K |
|
2784
Bakkt Inc
BKKT
$336M
| $4.91M | ﹤0.01% |
489,428
+56,910
| +13% | +$1.26M |
|
2785
Utah Medical Products
UTMD
$230M
| $4.91M | ﹤0.01% |
87,795
-2,166
| -2% | -$126K |
|
2786
Vodafone
VOD
$37.2B
| $4.91M | ﹤0.01% |
371,873
-41,274
| -10% | -$499K |
|
|
ALMU
2787
Aeluma Inc
ALMU
$322M
| $4.91M | ﹤0.01% |
285,732
+52,565
| +23% | +$830K |
|
|
RSVR
2788
Reservoir Media
RSVR
$646M
| $4.88M | ﹤0.01% |
644,839
+3,759
| +0.6% | +$28.2K |
|
|
AUGO
2789
Aura Minerals Inc
AUGO
$6.5B
| $4.88M | ﹤0.01% |
96,853
+7,172
| +8% | +$282K |
|
2790
Hawthorn Bancshares
HWBK
$276M
| $4.87M | ﹤0.01% |
139,614
+162
| +0.1% | +$5.18K |
|
|
IMSR
2791
Terrestrial Energy
IMSR
$642M
| $4.87M | ﹤0.01% |
796,327
+733,181
| +1,161% | +$9.8M |
|
2792
Franklin Financial Services
FRAF
$289M
| $4.87M | ﹤0.01% |
96,930
-844
| -0.9% | -$41.5K |
|
2793
Biglari Holdings Class B
BH
$1.22B
| $4.87M | ﹤0.01% |
14,632
+211
| +1% | +$70.8K |
|
2794
OptimizeRx
OPRX
$165M
| $4.86M | ﹤0.01% |
396,468
+13,291
| +3% | +$217K |
|
|
STUB
2795
StubHub Holdings
STUB
$2.88B
| $4.86M | ﹤0.01% |
+359,056
| New | +$5.64M |
|
|
JOYY
2796
JOYY Inc
JOYY
$3.74B
| $4.85M | ﹤0.01% |
74,956
-116,202
| -61% | -$7.1M |
|
|
ETOR
2797
eToro Group
ETOR
$2.3B
| $4.84M | ﹤0.01% |
137,764
+9,212
| +7% | +$356K |
|
2798
First Western Financial
MYFW
$308M
| $4.83M | ﹤0.01% |
180,212
-215
| -0.1% | -$5.13K |
|
|
LOVE
2799
LoveSac
LOVE
$253M
| $4.82M | ﹤0.01% |
326,800
-6,034
| -2% | -$85.3K |
|
2800
Ardmore Shipping
ASC
$681M
| $4.82M | ﹤0.01% |
455,107
-15,564
| -3% | -$185K |
|
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.