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 |
Apple
AAPL
|
+$2.75B |
| 2 |
Microsoft
MSFT
|
+$2.46B |
| 3 |
NVIDIA
NVDA
|
+$2.3B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$1.79B |
| 5 |
Amazon
AMZN
|
+$1.78B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EXAS
Exact Sciences
EXAS
|
+$338M |
| 2 |
DAY
Dayforce
DAY
|
+$281M |
| 3 |
RNAM
Avidity Biosciences
RNAM
|
+$225M |
| 4 |
CYBR
CyberArk
CYBR
|
+$220M |
| 5 |
CMA
Comerica
CMA
|
+$213M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.41% |
| 2 | Financials | 12.78% |
| 3 | Consumer Discretionary | 9.97% |
| 4 | Healthcare | 9.79% |
| 5 | Communication Services | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2826
Vodafone
VOD
$37.5B
| $4.21M | ﹤0.01% |
280,133
-91,740
| -25% | -$1.34M |
|
2827
Atour Lifestyle Holdings
ATAT
$4.76B
| $4.2M | ﹤0.01% |
114,171
+8,139
| +8% | +$307K |
|
2828
Princeton Bancorp
BPRN
$292M
| $4.2M | ﹤0.01% |
124,309
-3,312
| -3% | -$116K |
|
2829
Bakkt Inc
BKKT
$325M
| $4.19M | ﹤0.01% |
569,841
+80,413
| +16% | +$953K |
|
|
ACH
2830
Accendra Health
ACH
$242M
| $4.19M | ﹤0.01% |
1,835,910
+66,347
| +4% | +$153K |
|
2831
Energy Vault
NRGV
$498M
| $4.17M | ﹤0.01% |
1,263,502
+38,429
| +3% | +$159K |
|
2832
Byrna Technologies
BYRN
$89M
| $4.17M | ﹤0.01% |
454,122
+13,279
| +3% | +$174K |
|
2833
West Fraser Timber
WFG
$5.25B
| $4.16M | ﹤0.01% |
62,944
+6,086
| +11% | +$410K |
|
2834
Peoples Bancorp of North Carolina
PEBK
$230M
| $4.16M | ﹤0.01% |
106,256
-3,186
| -3% | -$120K |
|
2835
AlTi Global
ALTI
$401M
| $4.15M | ﹤0.01% |
1,147,272
+16,568
| +1% | +$70K |
|
2836
Shattuck Labs
STTK
$638M
| $4.15M | ﹤0.01% |
645,705
+27,428
| +4% | +$130K |
|
2837
Westrock Coffee
WEST
$804M
| $4.15M | ﹤0.01% |
976,439
+81,779
| +9% | +$365K |
|
|
FRMI
2838
Fermi Inc
FRMI
$4.08B
| $4.13M | ﹤0.01% |
706,877
+20,526
| +3% | +$180K |
|
2839
Acacia Research
ACTG
$454M
| $4.13M | ﹤0.01% |
857,719
+11,412
| +1% | +$48.1K |
|
|
PAL
2840
Proficient Auto Logistics
PAL
$199M
| $4.13M | ﹤0.01% |
608,349
+24,977
| +4% | +$206K |
|
2841
Flexsteel Industries
FLXS
$316M
| $4.09M | ﹤0.01% |
91,038
+1,766
| +2% | +$81.8K |
|
2842
Conduent
CNDT
$250M
| $4.09M | ﹤0.01% |
3,191,263
-462,312
| -13% | -$705K |
|
2843
Inspired Entertainment
INSE
$187M
| $4.07M | ﹤0.01% |
571,252
+4,390
| +0.8% | +$36.2K |
|
2844
Core Molding Technologies
CMT
$205M
| $4.07M | ﹤0.01% |
181,656
+2,609
| +1% | +$51.3K |
|
2845
Jack in the Box
JACK
$306M
| $4.07M | ﹤0.01% |
420,752
-21,110
| -5% | -$373K |
|
2846
Rimini Street
RMNI
$456M
| $4.06M | ﹤0.01% |
1,236,886
+83,694
| +7% | +$290K |
|
2847
Foghorn Therapeutics
FHTX
$298M
| $4.06M | ﹤0.01% |
848,172
+53,132
| +7% | +$292K |
|
2848
Voyager Therapeutics
VYGR
$180M
| $4.05M | ﹤0.01% |
1,049,978
-85,210
| -8% | -$335K |
|
2849
Plains GP Holdings
PAGP
$5.21B
| $4.05M | ﹤0.01% |
166,701
+7,209
| +5% | +$157K |
|
2850
Citizens Community Bancorp
CZWI
$207M
| $4.05M | ﹤0.01% |
204,263
-7,989
| -4% | -$147K |
|
Similar funds
Geode Capital Management's Q1 2026 Portfolio in Review
As of Q1 2026, Geode Capital Management held 4,628 positions worth $1.61T, down 0.8% from $1.62T the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Geode Capital Management deployed $55.8B of net new capital in Q1 2026, opening 160 new positions and adding to 3,465 existing holdings. Its largest new stake was Versant Media Group: 1,896,951 shares worth $70.3M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 33% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Hershey, an estimated $134M trimmed.
- Geode Capital Management's largest Q1 2026 buy was Versant Media Group: 1,896,951 shares worth $70.3M.
- Geode Capital Management added most to Apple in Q1 2026, an estimated $2.75B increase.
- Geode Capital Management's biggest Q1 2026 reduction was Hershey, cutting an estimated $134M.
- Geode Capital Management fully exited Exact Sciences in Q1 2026, selling an estimated $338M.
- Geode Capital Management's ten largest holdings make up 31% of its $1.61T portfolio in Q1 2026.
- Geode Capital Management opened 160 new positions and closed 115 in Q1 2026.
- Geode Capital Management's portfolio value fell 0.8% quarter-over-quarter to $1.61T.
Based on Geode Capital Management's 13F filing for Q1 2026, filed 15 May 2026.