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 | |
|---|---|---|---|---|---|---|
|
XMAX
2901
XMAX Inc
XMAX
$537M
| $3.57M | ﹤0.01% |
492,740
+16,671
| +4% | +$104K |
|
2902
Evolution Petroleum
EPM
$129M
| $3.57M | ﹤0.01% |
778,365
+21,662
| +3% | +$90.2K |
|
2903
Eagle Bancorp Montana
EBMT
$187M
| $3.55M | ﹤0.01% |
172,483
+1,391
| +0.8% | +$29.7K |
|
2904
OP Bancorp
OPBK
$232M
| $3.55M | ﹤0.01% |
266,746
-7,832
| -3% | -$108K |
|
2905
Gencor Industries
GENC
$218M
| $3.54M | ﹤0.01% |
235,997
-4,661
| -2% | -$68K |
|
2906
Star Bulk Carriers
SBLK
$3.02B
| $3.54M | ﹤0.01% |
154,107
+3,869
| +3% | +$88.1K |
|
2907
Medallion Financial
MFIN
$226M
| $3.54M | ﹤0.01% |
413,184
+6,430
| +2% | +$63.2K |
|
|
MDV
2908
Modiv Industrial
MDV
$182M
| $3.53M | ﹤0.01% |
246,633
+20,126
| +9% | +$299K |
|
2909
Quanterix
QTRX
$173M
| $3.5M | ﹤0.01% |
994,764
-79,203
| -7% | -$462K |
|
|
PXED
2910
Phoenix Education Partners
PXED
$1.08B
| $3.49M | ﹤0.01% |
110,859
+11,370
| +11% | +$339K |
|
2911
Crawford & Co Class A
CRD.A
$545M
| $3.48M | ﹤0.01% |
349,376
+7,584
| +2% | +$79.5K |
|
2912
Epsilon Energy
EPSN
$173M
| $3.48M | ﹤0.01% |
564,779
+86,300
| +18% | +$440K |
|
|
AVBH
2913
Avidbank Holdings
AVBH
$352M
| $3.47M | ﹤0.01% |
121,648
+4,431
| +4% | +$125K |
|
2914
Acme United Corp
ACU
$217M
| $3.46M | ﹤0.01% |
76,901
+799
| +1% | +$34.8K |
|
2915
Sight Sciences
SGHT
$279M
| $3.45M | ﹤0.01% |
915,444
+34,486
| +4% | +$186K |
|
2916
PrimeEnergy Resources
PNRG
$294M
| $3.45M | ﹤0.01% |
14,797
+1,665
| +13% | +$320K |
|
2917
Information Services Group
III
$192M
| $3.44M | ﹤0.01% |
894,485
+62,589
| +8% | +$308K |
|
2918
Tucows
TCX
$95.5M
| $3.41M | ﹤0.01% |
198,550
+13,544
| +7% | +$266K |
|
|
VIA
2919
Via Transportation Inc
VIA
$1.59B
| $3.4M | ﹤0.01% |
226,426
-13,299
| -6% | -$265K |
|
2920
eGain
EGAN
$187M
| $3.39M | ﹤0.01% |
428,978
+24,951
| +6% | +$241K |
|
2921
Immuneering
IMRX
$282M
| $3.36M | ﹤0.01% |
637,944
+19,870
| +3% | +$102K |
|
2922
IBEX
IBEX
$467M
| $3.36M | ﹤0.01% |
125,192
+1,489
| +1% | +$48.2K |
|
2923
Lyell Immunopharma
LYEL
$318M
| $3.35M | ﹤0.01% |
166,980
+3,983
| +2% | +$93.1K |
|
|
TWFG
2924
TWFG Inc
TWFG
$345M
| $3.35M | ﹤0.01% |
182,092
-54,068
| -23% | -$1.2M |
|
2925
NewAmsterdam Pharma
NAMS
$3.53B
| $3.34M | ﹤0.01% |
104,396
+2,001
| +2% | +$65.2K |
|
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.