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 | |
|---|---|---|---|---|---|---|
|
QMMM
2926
QMMM Holdings
QMMM
| $3.66M | ﹤0.01% |
40,845
| – | – |
|
2927
Innovative Industrial Properties
IIPR
$1.67B
| $3.65M | ﹤0.01% |
76,932
+2,315
| +3% | +$120K |
|
2928
Concrete Pumping Holdings
BBCP
$479M
| $3.65M | ﹤0.01% |
543,546
-4,912
| -0.9% | -$32.3K |
|
2929
Westrock Coffee
WEST
$807M
| $3.64M | ﹤0.01% |
894,660
+115
| +0% | +$503 |
|
2930
908 Devices
MASS
$414M
| $3.62M | ﹤0.01% |
688,566
+16,477
| +2% | +$115K |
|
2931
Priority Technology Holdings
PRTH
$458M
| $3.6M | ﹤0.01% |
660,518
+53,317
| +9% | +$330K |
|
2932
Stereotaxis
STXS
$139M
| $3.6M | ﹤0.01% |
1,565,182
+55,491
| +4% | +$148K |
|
2933
Core Molding Technologies
CMT
$224M
| $3.59M | ﹤0.01% |
179,047
-4,064
| -2% | -$77.8K |
|
2934
NewAmsterdam Pharma
NAMS
$3.33B
| $3.59M | ﹤0.01% |
102,395
+437
| +0.4% | +$15.9K |
|
2935
Humacyte
HUMA
$148M
| $3.57M | ﹤0.01% |
3,720,436
+624,220
| +20% | +$884K |
|
2936
ODDITY Tech
ODD
$595M
| $3.56M | ﹤0.01% |
88,704
+8,584
| +11% | +$388K |
|
|
SEG
2937
Seaport Entertainment Group
SEG
$373M
| $3.53M | ﹤0.01% |
178,757
-5,389
| -3% | -$121K |
|
2938
PepGen
PEPG
$201M
| $3.53M | ﹤0.01% |
542,109
+341,378
| +170% | +$1.77M |
|
2939
West Fraser Timber
WFG
$5.5B
| $3.53M | ﹤0.01% |
56,858
+4,882
| +9% | +$306K |
|
2940
Flexsteel Industries
FLXS
$301M
| $3.53M | ﹤0.01% |
89,272
-1,309
| -1% | -$51K |
|
|
FFAI
2941
Faraday Future Intelligent Electric
FFAI
$12M
| $3.52M | ﹤0.01% |
23,019
+8,373
| +57% | +$1.55M |
|
2942
Ohio Valley Banc Corp
OVBC
$211M
| $3.52M | ﹤0.01% |
88,016
-1,467
| -2% | -$55.3K |
|
2943
ADC Therapeutics
ADCT
$156M
| $3.52M | ﹤0.01% |
996,523
+133,589
| +15% | +$542K |
|
2944
RE/MAX Holdings
RMAX
$263M
| $3.51M | ﹤0.01% |
462,742
+12,372
| +3% | +$100K |
|
|
STRZ
2945
Starz Entertainment Corp
STRZ
$428M
| $3.5M | ﹤0.01% |
298,793
+2,888
| +1% | +$33.1K |
|
|
VOXR
2946
Vox Royalty Corp
VOXR
$356M
| $3.48M | ﹤0.01% |
733,661
+197,117
| +37% | +$894K |
|
|
NXDT
2947
NexPoint Diversified Real Estate Trust
NXDT
$250M
| $3.45M | ﹤0.01% |
901,019
-125,310
| -12% | -$411K |
|
2948
Artesian Resources
ARTNA
$362M
| $3.45M | ﹤0.01% |
109,114
+1,919
| +2% | +$61.8K |
|
2949
BCB Bancorp
BCBP
$161M
| $3.43M | ﹤0.01% |
424,874
+13,161
| +3% | +$106K |
|
|
COSO
2950
CoastalSouth Bancshares
COSO
$332M
| $3.42M | ﹤0.01% |
147,137
+16,603
| +13% | +$369K |
|
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.