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 |
Applovin
APP
|
+$1.56B |
| 2 |
Amazon
AMZN
|
+$1.34B |
| 3 |
Eli Lilly
LLY
|
+$1.26B |
| 4 |
NVIDIA
NVDA
|
+$1.08B |
| 5 |
Chevron
CVX
|
+$1.03B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HES
Hess
HES
|
+$964M |
| 2 |
ANSS
Ansys
ANSS
|
+$924M |
| 3 |
Johnson & Johnson
JNJ
|
+$753M |
| 4 |
JNPR
Juniper Networks
JNPR
|
+$418M |
| 5 |
American Express
AXP
|
+$253M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.52% |
| 2 | Financials | 13.57% |
| 3 | Consumer Discretionary | 10.61% |
| 4 | Communication Services | 9.71% |
| 5 | Healthcare | 9.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2901
DMC Global
BOOM
$153M
| $3.98M | ﹤0.01% |
470,399
+14,627
| +3% | +$110K |
|
2902
CuriosityStream
CURI
$237M
| $3.97M | ﹤0.01% |
749,051
+21,948
| +3% | +$101K |
|
2903
FinWise Bancorp
FINW
$190M
| $3.96M | ﹤0.01% |
204,145
-178
| -0.1% | -$3.25K |
|
2904
Foghorn Therapeutics
FHTX
$385M
| $3.95M | ﹤0.01% |
808,488
+814
| +0.1% | +$4.32K |
|
2905
GoodRx Holdings
GDRX
$1.27B
| $3.94M | ﹤0.01% |
929,935
-143,850
| -13% | -$632K |
|
2906
Atour Lifestyle Holdings
ATAT
$4.5B
| $3.93M | ﹤0.01% |
104,682
+639
| +0.6% | +$23.3K |
|
2907
Silicon Motion
SIMO
$8.45B
| $3.93M | ﹤0.01% |
41,425
+3,619
| +10% | +$288K |
|
2908
ReposiTrak
TRAK
$158M
| $3.92M | ﹤0.01% |
264,427
+737
| +0.3% | +$12.8K |
|
2909
Senseonics Holdings Inc
SENS
$409M
| $3.92M | ﹤0.01% |
448,983
+13,927
| +3% | +$134K |
|
2910
NACCO Industries
NC
$316M
| $3.91M | ﹤0.01% |
92,838
+5,362
| +6% | +$213K |
|
|
TONX
2911
TON Strategy Co
TONX
$160M
| $3.88M | ﹤0.01% |
551,031
+540,617
| +5,191% | +$6.31M |
|
2912
Concrete Pumping Holdings
BBCP
$475M
| $3.87M | ﹤0.01% |
548,458
-14,483
| -3% | -$101K |
|
|
BLFY
2913
DELISTED
Blue Foundry Bancorp
BLFY
| $3.86M | ﹤0.01% |
424,262
-7,415
| -2% | -$68.1K |
|
2914
KORU Medical Systems
KRMD
$154M
| $3.86M | ﹤0.01% |
1,006,798
+9,651
| +1% | +$36.9K |
|
2915
E.W. Scripps
SSP
$310M
| $3.84M | ﹤0.01% |
1,562,295
+45,997
| +3% | +$142K |
|
2916
OP Bancorp
OPBK
$235M
| $3.84M | ﹤0.01% |
275,820
+2,119
| +0.8% | +$29.3K |
|
2917
eGain
EGAN
$206M
| $3.83M | ﹤0.01% |
439,358
-10,541
| -2% | -$73.2K |
|
2918
Greene County Bancorp
GCBC
$595M
| $3.83M | ﹤0.01% |
169,262
-46
| -0% | -$1.1K |
|
2919
Digimarc Corp
DMRC
$158M
| $3.83M | ﹤0.01% |
391,453
+19,618
| +5% | +$212K |
|
2920
ATN International
ATNI
$491M
| $3.82M | ﹤0.01% |
255,287
+1,151
| +0.5% | +$19K |
|
|
PAL
2921
Proficient Auto Logistics
PAL
$154M
| $3.82M | ﹤0.01% |
554,097
+62,443
| +13% | +$460K |
|
|
TTSH
2922
DELISTED
Tile Shop Holdings
TTSH
| $3.81M | ﹤0.01% |
628,926
+12,721
| +2% | +$81.6K |
|
|
NXDT
2923
NexPoint Diversified Real Estate Trust
NXDT
$261M
| $3.79M | ﹤0.01% |
1,026,329
+67,898
| +7% | +$289K |
|
2924
Kingstone Companies
KINS
$282M
| $3.77M | ﹤0.01% |
256,272
+2,648
| +1% | +$38.8K |
|
2925
Core Molding Technologies
CMT
$228M
| $3.76M | ﹤0.01% |
183,111
-799
| -0.4% | -$14.8K |
|
Similar funds
Geode Capital Management's Q3 2025 Portfolio in Review
As of Q3 2025, Geode Capital Management held 4,592 positions worth $1.57T, up 9.9% from $1.43T the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Geode Capital Management's Q3 2025 filing shows 148 new, 2,907 increased, 1,130 reduced and 119 closed positions. Its largest new stake was Paramount Skydance Corp: 8,343,504 shares worth $158M. The largest sale was Hess, an estimated $964M.
By sector, the portfolio is most concentrated in Technology at 34% of assets, up from 32% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q3 2025 buy was Paramount Skydance Corp: 8,343,504 shares worth $158M.
- Geode Capital Management added most to Applovin in Q3 2025, an estimated $1.56B increase.
- Geode Capital Management's biggest Q3 2025 reduction was Johnson & Johnson, cutting an estimated $753M.
- Geode Capital Management fully exited Hess in Q3 2025, selling an estimated $964M.
- Geode Capital Management's ten largest holdings make up 34% of its $1.57T portfolio in Q3 2025.
- Geode Capital Management opened 148 new positions and closed 119 in Q3 2025.
- Geode Capital Management's portfolio value rose 9.9% quarter-over-quarter to $1.57T.
Based on Geode Capital Management's 13F filing for Q3 2025, filed 12 Nov 2025.