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 | |
|---|---|---|---|---|---|---|
|
ISBA
3076
Isabella Bank
ISBA
$319M
| $2.71M | ﹤0.01% |
76,745
+27,006
| +54% | +$875K |
|
3077
Geospace Technologies
GEOS
$66.5M
| $2.7M | ﹤0.01% |
142,600
+1,474
| +1% | +$23.9K |
|
3078
TaskUs
TASK
$667M
| $2.7M | ﹤0.01% |
151,124
-54,318
| -26% | -$940K |
|
3079
SR Bancorp
SRBK
$147M
| $2.7M | ﹤0.01% |
178,577
-8,428
| -5% | -$123K |
|
3080
AudioEye
AEYE
$72.6M
| $2.69M | ﹤0.01% |
194,398
+19,651
| +11% | +$245K |
|
3081
LENSAR
LNSR
$102M
| $2.69M | ﹤0.01% |
217,886
-1,487
| -0.7% | -$18.9K |
|
|
PLBL
3082
Polibeli Group
PLBL
$2.53B
| $2.69M | ﹤0.01% |
+305,228
| New | +$2.99M |
|
3083
Galectin Therapeutics
GALT
$356M
| $2.68M | ﹤0.01% |
633,067
-33,124
| -5% | -$125K |
|
3084
Westwood Holdings Group
WHG
$184M
| $2.68M | ﹤0.01% |
162,270
+1,065
| +0.7% | +$18.3K |
|
3085
SoundThinking
SSTI
$107M
| $2.67M | ﹤0.01% |
221,333
+5,748
| +3% | +$71.4K |
|
|
DFDV
3086
DeFi Development Corp
DFDV
$91.9M
| $2.66M | ﹤0.01% |
191,330
+88,790
| +87% | +$1.48M |
|
3087
HF Foods Group
HFFG
$97.6M
| $2.66M | ﹤0.01% |
964,569
+9,921
| +1% | +$31.7K |
|
3088
ProKidney
PROK
$289M
| $2.66M | ﹤0.01% |
1,096,782
+84,662
| +8% | +$225K |
|
3089
Pearson
PSO
$9.78B
| $2.65M | ﹤0.01% |
187,110
-22,163
| -11% | -$319K |
|
3090
Upexi
UPXI
$54.8M
| $2.65M | ﹤0.01% |
458,347
+122,394
| +36% | +$744K |
|
|
NREF
3091
NexPoint Real Estate Finance
NREF
$318M
| $2.64M | ﹤0.01% |
185,954
-15,356
| -8% | -$221K |
|
3092
NET Power
NPWR
$143M
| $2.63M | ﹤0.01% |
874,519
+33,459
| +4% | +$89.3K |
|
3093
Finance of America Companies
FOA
$206M
| $2.63M | ﹤0.01% |
117,103
-19,569
| -14% | -$489K |
|
3094
Veritone
VERI
$139M
| $2.62M | ﹤0.01% |
542,874
+62,032
| +13% | +$179K |
|
|
AIRJ
3095
Montana Technologies Corp
AIRJ
$458M
| $2.61M | ﹤0.01% |
556,942
+39,739
| +8% | +$186K |
|
3096
Finward Bancorp
FNWD
$196M
| $2.61M | ﹤0.01% |
81,246
-423
| -0.5% | -$12.6K |
|
3097
Expensify
EXFY
$202M
| $2.6M | ﹤0.01% |
1,407,595
+81,466
| +6% | +$165K |
|
|
AARD
3098
Aardvark Therapeutics
AARD
$140M
| $2.58M | ﹤0.01% |
194,035
+57,108
| +42% | +$644K |
|
3099
TriSalus Life Sciences
TLSI
$347M
| $2.58M | ﹤0.01% |
554,455
+99,404
| +22% | +$465K |
|
|
ABVX
3100
Abivax
ABVX
$10.6B
| $2.53M | ﹤0.01% |
29,852
+13,034
| +78% | +$799K |
|
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.