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 | |
|---|---|---|---|---|---|---|
3176
Orchestra BioMed
OBIO
$267M
| $1.97M | ﹤0.01% |
473,363
+86,564
| +22% | +$349K |
|
3177
InfuSystem Holdings
INFU
$249M
| $1.96M | ﹤0.01% |
218,123
+1,831
| +0.8% | +$17.5K |
|
3178
Wolfspeed
WOLF
$1.64B
| $1.96M | ﹤0.01% |
+112,297
| New | +$2.58M |
|
3179
TORM
TRMD
$3.01B
| $1.96M | ﹤0.01% |
99,855
+9,990
| +11% | +$211K |
|
|
TIGR
3180
UP Fintech Holding
TIGR
$833M
| $1.95M | ﹤0.01% |
204,076
+24,068
| +13% | +$230K |
|
|
EXK
3181
Endeavour Silver
EXK
$3.05B
| $1.94M | ﹤0.01% |
202,650
+40,492
| +25% | +$343K |
|
3182
Canadian Solar
CSIQ
$1.04B
| $1.94M | ﹤0.01% |
81,687
+9,465
| +13% | +$206K |
|
3183
Lakeland Industries
LAKE
$117M
| $1.92M | ﹤0.01% |
217,380
-8,544
| -4% | -$120K |
|
3184
Duos Technologies
DUOT
$294M
| $1.92M | ﹤0.01% |
170,532
+21,700
| +15% | +$204K |
|
3185
Amplify Energy
AMPY
$200M
| $1.92M | ﹤0.01% |
419,368
+175
| +0% | +$871 |
|
3186
1stdibs.com
DIBS
$163M
| $1.92M | ﹤0.01% |
319,855
-2,289
| -0.7% | -$10.3K |
|
3187
Pro-Dex
PDEX
$217M
| $1.9M | ﹤0.01% |
49,460
-39
| -0.1% | -$1.35K |
|
3188
NET Power
NPWR
$143M
| $1.9M | ﹤0.01% |
831,547
-42,972
| -5% | -$134K |
|
3189
C4 Therapeutics
CCCC
$502M
| $1.89M | ﹤0.01% |
988,878
+263,574
| +36% | +$624K |
|
|
WRD
3190
WeRide Inc
WRD
$1.96B
| $1.89M | ﹤0.01% |
217,606
+950
| +0.4% | +$8.84K |
|
3191
Kiniksa Pharmaceuticals
KNSA
$6.07B
| $1.89M | ﹤0.01% |
45,783
+221
| +0.5% | +$8.87K |
|
|
EVMN
3192
Evommune Inc
EVMN
$511M
| $1.88M | ﹤0.01% |
+109,781
| New | +$2.06M |
|
3193
Sigma Lithium
SGML
$1.27B
| $1.88M | ﹤0.01% |
142,479
+62,056
| +77% | +$535K |
|
3194
AudioEye
AEYE
$72.6M
| $1.88M | ﹤0.01% |
188,037
-6,361
| -3% | -$81.8K |
|
3195
VEON
VEON
$3.93B
| $1.87M | ﹤0.01% |
35,486
-1,081
| -3% | -$54.8K |
|
|
SNCR
3196
DELISTED
Synchronoss Technologies
SNCR
| $1.86M | ﹤0.01% |
217,195
-21,547
| -9% | -$133K |
|
3197
Ramaco Resources Class B
METCB
$406M
| $1.85M | ﹤0.01% |
161,632
+26,427
| +20% | +$362K |
|
3198
Sanara MedTech
SMTI
$314M
| $1.85M | ﹤0.01% |
79,049
+546
| +0.7% | +$14.1K |
|
3199
Cartesian Therapeutics
RNAC
$264M
| $1.84M | ﹤0.01% |
255,539
+13,710
| +6% | +$111K |
|
3200
Stoneridge
SRI
$201M
| $1.84M | ﹤0.01% |
317,846
+4,545
| +1% | +$28.6K |
|
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.