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 | |
|---|---|---|---|---|---|---|
|
ARDT
2801
Ardent Health
ARDT
$1.57B
| $4.81M | ﹤0.01% |
544,685
-3,992
| -0.7% | -$46.2K |
|
2802
Information Services Group
III
$249M
| $4.81M | ﹤0.01% |
831,896
-8,106
| -1% | -$45.5K |
|
|
GEMI
2803
Gemini Space Station
GEMI
$544M
| $4.81M | ﹤0.01% |
484,571
+447,881
| +1,221% | +$6.99M |
|
2804
Oak Valley Bancorp
OVLY
$283M
| $4.8M | ﹤0.01% |
159,581
-882
| -0.5% | -$24.9K |
|
|
LNKB
2805
DELISTED
LINKBANCORP
LNKB
| $4.79M | ﹤0.01% |
580,244
-11,040
| -2% | -$83K |
|
|
NGD
2806
DELISTED
New Gold Inc
NGD
| $4.78M | ﹤0.01% |
537,341
+79,416
| +17% | +$598K |
|
2807
Falcon's Beyond
FBYD
$490M
| $4.77M | ﹤0.01% |
317,709
+147,056
| +86% | +$2.03M |
|
2808
SelectQuote
SLQT
$126M
| $4.75M | ﹤0.01% |
3,369,383
+39,631
| +1% | +$66.3K |
|
2809
Park-Ohio Holdings
PKOH
$716M
| $4.75M | ﹤0.01% |
226,620
+429
| +0.2% | +$8.92K |
|
2810
Immersion
IMMR
$247M
| $4.74M | ﹤0.01% |
696,219
-23,846
| -3% | -$162K |
|
2811
Virginia National Bankshares
VABK
$254M
| $4.73M | ﹤0.01% |
118,714
+900
| +0.8% | +$36K |
|
2812
Karat Packaging
KRT
$962M
| $4.72M | ﹤0.01% |
209,242
+9,345
| +5% | +$216K |
|
2813
IBEX
IBEX
$470M
| $4.72M | ﹤0.01% |
123,703
-8,360
| -6% | -$309K |
|
2814
OR Royalties Inc
OR
$6.31B
| $4.72M | ﹤0.01% |
130,575
+18,308
| +16% | +$641K |
|
2815
AMES National
ATLO
$281M
| $4.72M | ﹤0.01% |
205,530
-9,235
| -4% | -$199K |
|
2816
Baytex Energy
BTE
$3.05B
| $4.72M | ﹤0.01% |
1,177,794
+170,527
| +17% | +$475K |
|
2817
Motorcar Parts of America
MPAA
$230M
| $4.71M | ﹤0.01% |
381,303
+6,902
| +2% | +$99.4K |
|
2818
RCI Hospitality Holdings
RICK
$214M
| $4.69M | ﹤0.01% |
196,838
+180
| +0.1% | +$4.61K |
|
2819
Editas Medicine
EDIT
$432M
| $4.68M | ﹤0.01% |
2,284,740
+244,574
| +12% | +$706K |
|
2820
USCB Financial Holdings
USCB
$415M
| $4.68M | ﹤0.01% |
254,276
+6,241
| +3% | +$112K |
|
2821
NACCO Industries
NC
$317M
| $4.68M | ﹤0.01% |
95,345
+2,507
| +3% | +$115K |
|
2822
Weyco Group
WEYS
$446M
| $4.67M | ﹤0.01% |
152,791
-176
| -0.1% | -$5.38K |
|
2823
Sportradar
SRAD
$3.84B
| $4.66M | ﹤0.01% |
196,012
+7,590
| +4% | +$183K |
|
2824
America's Car Mart
CRMT
$26.2M
| $4.64M | ﹤0.01% |
183,480
-5,016
| -3% | -$121K |
|
2825
Rezolute
RZLT
$453M
| $4.61M | ﹤0.01% |
1,954,733
+107,349
| +6% | +$842K |
|
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.