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 | |
|---|---|---|---|---|---|---|
2876
Cadiz
CDZI
$295M
| $3.78M | ﹤0.01% |
1,262,379
+208,830
| +20% | +$600K |
|
2877
Greene County Bancorp
GCBC
$595M
| $3.76M | ﹤0.01% |
169,308
+4,985
| +3% | +$111K |
|
2878
Eledon Pharmaceuticals
ELDN
$286M
| $3.75M | ﹤0.01% |
1,383,940
+717,223
| +108% | +$2.15M |
|
2879
Idaho Strategic Resources
IDR
$500M
| $3.74M | ﹤0.01% |
285,573
+159,850
| +127% | +$2.35M |
|
2880
Prime Medicine
PRME
$575M
| $3.73M | ﹤0.01% |
1,510,749
-15,781
| -1% | -$24.3K |
|
2881
Montauk Renewables
MNTK
$268M
| $3.73M | ﹤0.01% |
1,677,787
-98
| -0% | -$208 |
|
2882
Future Fuel
FF
$249M
| $3.72M | ﹤0.01% |
958,499
+92,481
| +11% | +$372K |
|
2883
IBEX
IBEX
$482M
| $3.72M | ﹤0.01% |
127,735
+13,941
| +12% | +$373K |
|
2884
Kaltura
KLTR
$243M
| $3.71M | ﹤0.01% |
1,847,372
-206,781
| -10% | -$428K |
|
2885
Neurogene
NGNE
$713M
| $3.7M | ﹤0.01% |
247,775
-11,601
| -4% | -$182K |
|
|
CCRD
2886
DELISTED
CoreCard
CCRD
| $3.69M | ﹤0.01% |
127,500
+66,733
| +110% | +$1.57M |
|
2887
DMC Global
BOOM
$153M
| $3.67M | ﹤0.01% |
455,772
-1,974
| -0.4% | -$14K |
|
2888
Enanta Pharmaceuticals
ENTA
$391M
| $3.67M | ﹤0.01% |
485,797
-8,408
| -2% | -$50.6K |
|
|
JOYY
2889
JOYY Inc
JOYY
$3.64B
| $3.64M | ﹤0.01% |
71,579
+3,102
| +5% | +$138K |
|
2890
Artesian Resources
ARTNA
$369M
| $3.64M | ﹤0.01% |
108,374
-6,517
| -6% | -$221K |
|
2891
MeiraGTx Holdings
MGTX
$1.17B
| $3.64M | ﹤0.01% |
557,569
-40,334
| -7% | -$238K |
|
2892
Crawford & Co Class A
CRD.A
$632M
| $3.63M | ﹤0.01% |
343,049
+17,812
| +5% | +$189K |
|
2893
Atomera
ATOM
$212M
| $3.63M | ﹤0.01% |
719,509
+356,579
| +98% | +$1.9M |
|
|
ZBIO
2894
Zenas BioPharma
ZBIO
$1.84B
| $3.62M | ﹤0.01% |
373,617
+16,461
| +5% | +$160K |
|
|
CRGX
2895
DELISTED
CARGO Therapeutics
CRGX
| $3.61M | ﹤0.01% |
876,245
+16,392
| +2% | +$70.2K |
|
2896
Citizens
CIA
$198M
| $3.6M | ﹤0.01% |
1,032,234
+558,840
| +118% | +$2.18M |
|
2897
Epsilon Energy
EPSN
$161M
| $3.59M | ﹤0.01% |
486,684
+237,507
| +95% | +$1.69M |
|
|
TTAM
2898
Titan America SA
TTAM
$2.9B
| $3.59M | ﹤0.01% |
+287,727
| New | +$3.81M |
|
|
SNBR
2899
DELISTED
Sleep Number
SNBR
| $3.59M | ﹤0.01% |
530,764
+7,570
| +1% | +$57.8K |
|
2900
RE/MAX Holdings
RMAX
$265M
| $3.58M | ﹤0.01% |
437,340
+11,760
| +3% | +$91.3K |
|
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.