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 | |
|---|---|---|---|---|---|---|
|
DCBO
2901
Docebo
DCBO
$561M
| $3.9M | ﹤0.01% |
133,668
+13,199
| +11% | +$315K |
|
2902
Coherus Oncology
CHRS
$181M
| $3.9M | ﹤0.01% |
2,745,246
+4,020
| +0.1% | +$5.86K |
|
2903
Perspective Therapeutics
CATX
$372M
| $3.89M | ﹤0.01% |
1,414,522
-17,965
| -1% | -$51.3K |
|
2904
Owlet
OWLT
$169M
| $3.89M | ﹤0.01% |
240,032
+136,339
| +131% | +$1.55M |
|
2905
OP Bancorp
OPBK
$235M
| $3.88M | ﹤0.01% |
274,578
-1,242
| -0.5% | -$17K |
|
|
ISBA
2906
Isabella Bank
ISBA
$309M
| $3.88M | ﹤0.01% |
77,481
+736
| +1% | +$31.1K |
|
|
STRS
2907
DELISTED
STRATUS PPTYS INC
STRS
| $3.87M | ﹤0.01% |
160,080
+1,393
| +0.9% | +$29.3K |
|
2908
Crawford & Co Class A
CRD.A
$627M
| $3.85M | ﹤0.01% |
341,792
+3,423
| +1% | +$37.8K |
|
2909
Structure Therapeutics
GPCR
$3.83B
| $3.84M | ﹤0.01% |
55,148
-2,810
| -5% | -$115K |
|
2910
W&T Offshore
WTI
$546M
| $3.82M | ﹤0.01% |
2,343,832
-54,147
| -2% | -$104K |
|
|
BHR
2911
Braemar Hotels & Resorts
BHR
$139M
| $3.81M | ﹤0.01% |
1,328,889
-45,637
| -3% | -$123K |
|
|
TSSI
2912
TSS Inc
TSSI
$336M
| $3.81M | ﹤0.01% |
539,359
+41,536
| +8% | +$537K |
|
2913
Greene County Bancorp
GCBC
$601M
| $3.79M | ﹤0.01% |
170,538
+1,276
| +0.8% | +$29K |
|
2914
Arcturus Therapeutics
ARCT
$223M
| $3.79M | ﹤0.01% |
618,134
+6,311
| +1% | +$68.2K |
|
2915
Citizens Community Bancorp
CZWI
$200M
| $3.78M | ﹤0.01% |
212,252
-9,622
| -4% | -$161K |
|
2916
SKYX Platforms
SKYX
$163M
| $3.78M | ﹤0.01% |
1,742,309
+224,297
| +15% | +$400K |
|
2917
X4 Pharmaceuticals
XFOR
$425M
| $3.76M | ﹤0.01% |
940,447
+860,789
| +1,081% | +$3.13M |
|
2918
Jakks Pacific
JAKK
$288M
| $3.75M | ﹤0.01% |
222,015
+2,156
| +1% | +$37.3K |
|
2919
Meridian
MRBK
$240M
| $3.75M | ﹤0.01% |
213,117
+1,232
| +0.6% | +$19.2K |
|
|
HIVE
2920
HIVE Digital Technologies
HIVE
$706M
| $3.74M | ﹤0.01% |
1,449,009
+146,727
| +11% | +$620K |
|
2921
Itaú Unibanco
ITUB
$80.9B
| $3.72M | ﹤0.01% |
519,206
-2
| -0% | -$14 |
|
2922
FinWise Bancorp
FINW
$191M
| $3.71M | ﹤0.01% |
206,561
+2,416
| +1% | +$44.1K |
|
|
OMDA
2923
Omada Health Inc
OMDA
$1.44B
| $3.7M | ﹤0.01% |
234,277
-18,197
| -7% | -$369K |
|
2924
CB Financial Services
CBFV
$192M
| $3.7M | ﹤0.01% |
106,009
+386
| +0.4% | +$13.1K |
|
2925
Palisade Bio
PALI
$375M
| $3.68M | ﹤0.01% |
1,565,452
+1,538,832
| +5,781% | +$2.96M |
|
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.