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 | |
|---|---|---|---|---|---|---|
3101
American Outdoor Brands
AOUT
$161M
| $2.51M | ﹤0.01% |
288,587
-5,096
| -2% | -$48.3K |
|
3102
Riverview Bancorp
RVSB
$107M
| $2.5M | ﹤0.01% |
465,531
+5,070
| +1% | +$26.4K |
|
|
RPT
3103
Rithm Property Trust
RPT
$101M
| $2.5M | ﹤0.01% |
165,236
-999
| -0.6% | -$15.8K |
|
3104
Sanara MedTech
SMTI
$314M
| $2.49M | ﹤0.01% |
78,503
+764
| +1% | +$23.1K |
|
|
CTNM
3105
Contineum Therapeutics
CTNM
$576M
| $2.48M | ﹤0.01% |
211,050
+139,747
| +196% | +$1.13M |
|
3106
SunPower Inc
SPWR
$48.7M
| $2.48M | ﹤0.01% |
1,409,318
+200,321
| +17% | +$331K |
|
3107
Cartesian Therapeutics
RNAC
$264M
| $2.47M | ﹤0.01% |
241,829
+22,902
| +10% | +$257K |
|
3108
Future Fuel
FF
$249M
| $2.47M | ﹤0.01% |
636,652
-321,847
| -34% | -$1.27M |
|
|
AISP
3109
Airship AI Holdings
AISP
$66.8M
| $2.46M | ﹤0.01% |
475,488
+16,027
| +3% | +$82.4K |
|
3110
Clarus
CLAR
$145M
| $2.45M | ﹤0.01% |
698,835
+13,136
| +2% | +$47.5K |
|
|
SUNS
3111
Sunrise Realty Trust
SUNS
$101M
| $2.42M | ﹤0.01% |
233,146
+41,664
| +22% | +$448K |
|
|
BNT
3112
Brookfield Wealth Solutions
BNT
$12.3B
| $2.41M | ﹤0.01% |
43,118
+21,858
| +103% | +$968K |
|
|
LAZR
3113
DELISTED
Luminar Technologies
LAZR
| $2.4M | ﹤0.01% |
1,254,103
+286,077
| +30% | +$702K |
|
3114
Neuronetics
STIM
$211M
| $2.39M | ﹤0.01% |
876,934
-2,111
| -0.2% | -$7.5K |
|
3115
Gaia
GAIA
$33.3M
| $2.39M | ﹤0.01% |
404,044
-1,558
| -0.4% | -$7.78K |
|
3116
Stoneridge
SRI
$201M
| $2.39M | ﹤0.01% |
313,301
+4,323
| +1% | +$34.3K |
|
3117
Epsilon Energy
EPSN
$161M
| $2.38M | ﹤0.01% |
471,434
-15,250
| -3% | -$92.5K |
|
3118
LifeVantage
LFVN
$81.9M
| $2.37M | ﹤0.01% |
243,581
-1,751
| -0.7% | -$21.9K |
|
3119
Rekor Systems
REKR
$97.6M
| $2.37M | ﹤0.01% |
1,506,659
+48,483
| +3% | +$61.3K |
|
|
ILLR
3120
Triller Group Inc
ILLR
$20.9M
| $2.37M | ﹤0.01% |
284,899
+148,493
| +109% | +$1M |
|
3121
Hanover Bancorp
HNVR
$194M
| $2.36M | ﹤0.01% |
104,993
-728
| -0.7% | -$16.2K |
|
3122
TMC The Metals Company
TMC
$1.91B
| $2.35M | ﹤0.01% |
369,576
+38,753
| +12% | +$232K |
|
3123
NI Holdings
NODK
$313M
| $2.33M | ﹤0.01% |
171,473
+5,763
| +3% | +$75.7K |
|
3124
BlackBerry
BB
$5.27B
| $2.32M | ﹤0.01% |
436,055
-731,684
| -63% | -$2.9M |
|
3125
ChargePoint
CHPT
$160M
| $2.32M | ﹤0.01% |
211,930
-34,038
| -14% | -$390K |
|
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.