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 | |
|---|---|---|---|---|---|---|
|
UBFO
3026
DELISTED
United Security Bancshares
UBFO
| $3.06M | ﹤0.01% |
328,219
+1,151
| +0.4% | +$10.5K |
|
3027
J. Jill
JILL
$283M
| $3.06M | ﹤0.01% |
178,326
+3,040
| +2% | +$50.1K |
|
3028
KRONOS Worldwide
KRO
$996M
| $3.06M | ﹤0.01% |
532,454
+4,615
| +0.9% | +$27.9K |
|
3029
VTEX
VTEX
$630M
| $3.05M | ﹤0.01% |
695,412
+7,010
| +1% | +$35.5K |
|
3030
Richmond Mutual Bancorp
RMBI
$256M
| $3.03M | ﹤0.01% |
213,338
-13,971
| -6% | -$199K |
|
3031
Viant Technology
DSP
$274M
| $3.02M | ﹤0.01% |
350,258
-30,340
| -8% | -$346K |
|
3032
Maui Land & Pineapple Co
MLP
$310M
| $3.01M | ﹤0.01% |
161,616
-617
| -0.4% | -$10.8K |
|
3033
Bassett Furniture
BSET
$170M
| $3.01M | ﹤0.01% |
192,572
+2,390
| +1% | +$40K |
|
|
EWCZ
3034
DELISTED
European Wax Center
EWCZ
| $3.01M | ﹤0.01% |
753,280
-2,753
| -0.4% | -$12.6K |
|
|
WW
3035
WW International
WW
$144M
| $2.99M | ﹤0.01% |
+109,359
| New | +$3.76M |
|
3036
Alliance Resource Partners
ARLP
$3.2B
| $2.99M | ﹤0.01% |
118,232
-17
| -0% | -$425 |
|
3037
Funko
FNKO
$335M
| $2.98M | ﹤0.01% |
867,427
+184
| +0% | +$683 |
|
3038
Eagle Bancorp Montana
EBMT
$189M
| $2.98M | ﹤0.01% |
172,627
-778
| -0.4% | -$13.2K |
|
|
INGM
3039
Ingram Micro Holding
INGM
$6.53B
| $2.97M | ﹤0.01% |
138,406
+35,222
| +34% | +$715K |
|
3040
DocGo
DCGO
$64.5M
| $2.97M | ﹤0.01% |
2,186,001
+30,000
| +1% | +$45.4K |
|
3041
Designer Brands
DBI
$312M
| $2.96M | ﹤0.01% |
835,824
+30,289
| +4% | +$105K |
|
|
AOMR
3042
Angel Oak Mortgage REIT
AOMR
$209M
| $2.94M | ﹤0.01% |
313,833
-7,251
| -2% | -$69.4K |
|
3043
Sight Sciences
SGHT
$458M
| $2.94M | ﹤0.01% |
853,156
+7,380
| +0.9% | +$27.5K |
|
|
ASIC
3044
Ategrity Specialty Insurance
ASIC
$1.2B
| $2.93M | ﹤0.01% |
+148,393
| New | +$3.11M |
|
|
AMBQ
3045
Ambiq Micro
AMBQ
$1.55B
| $2.93M | ﹤0.01% |
+98,026
| New | +$3.57M |
|
|
HSHP
3046
Himalaya Shipping
HSHP
$734M
| $2.93M | ﹤0.01% |
356,220
-130
| -0% | -$972 |
|
|
ACR
3047
ACRES Commercial Realty
ACR
$101M
| $2.93M | ﹤0.01% |
138,362
+366
| +0.3% | +$7.24K |
|
3048
Baytex Energy
BTE
$3B
| $2.92M | ﹤0.01% |
1,007,267
-794,749
| -44% | -$1.7M |
|
3049
Nano X Imaging
NNOX
$73.2M
| $2.91M | ﹤0.01% |
787,158
-23,164
| -3% | -$103K |
|
3050
Bilibili
BILI
$7.14B
| $2.91M | ﹤0.01% |
103,653
-13
| -0% | -$312 |
|
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.