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 | |
|---|---|---|---|---|---|---|
3276
Stem
STEM
$55.9M
| $1.51M | ﹤0.01% |
86,425
+1,144
| +1% | +$16.2K |
|
3277
Microbot Medical
MBOT
$113M
| $1.51M | ﹤0.01% |
493,386
+98,347
| +25% | +$307K |
|
3278
Galicia Financial Group
GGAL
$7.23B
| $1.5M | ﹤0.01% |
54,517
-8
| -0% | -$343 |
|
|
TEAD
3279
Teads Holding Co
TEAD
$63.6M
| $1.49M | ﹤0.01% |
901,220
-30,242
| -3% | -$64.1K |
|
3280
Genelux
GNLX
$118M
| $1.49M | ﹤0.01% |
353,840
+35,015
| +11% | +$124K |
|
3281
Aemetis
AMTX
$126M
| $1.49M | ﹤0.01% |
660,167
+96,364
| +17% | +$256K |
|
|
TGEN
3282
Tecogen Inc
TGEN
$125M
| $1.47M | ﹤0.01% |
166,557
+23,707
| +17% | +$190K |
|
3283
Scilex Holding
SCLX
$47.4M
| $1.46M | ﹤0.01% |
74,139
+12,300
| +20% | +$208K |
|
|
CMDB
3284
Costamare Bulkers Holdings
CMDB
$438M
| $1.46M | ﹤0.01% |
101,434
+168
| +0.2% | +$1.72K |
|
|
SNCR
3285
DELISTED
Synchronoss Technologies
SNCR
| $1.45M | ﹤0.01% |
238,742
+3,136
| +1% | +$21.4K |
|
3286
Banco Bradesco
BBD
$34.3B
| $1.45M | ﹤0.01% |
428,236
| – | – |
|
|
ORLA
3287
DELISTED
Orla Mining
ORLA
| $1.44M | ﹤0.01% |
133,017
+8,612
| +7% | +$92.3K |
|
|
SLSN
3288
Solesence Inc
SLSN
$71.3M
| $1.44M | ﹤0.01% |
447,099
+17,879
| +4% | +$64.1K |
|
3289
Fossil Group
FOSL
$330M
| $1.43M | ﹤0.01% |
557,212
+42,765
| +8% | +$101K |
|
|
LGN
3290
Legence Corp
LGN
$4.86B
| $1.43M | ﹤0.01% |
+46,486
| New | +$1.46M |
|
3291
NeoVolta
NEOV
$202M
| $1.43M | ﹤0.01% |
320,362
+778
| +0.2% | +$3.44K |
|
3292
Biglari Holdings Class A
BH.A
$1.2B
| $1.43M | ﹤0.01% |
922
+172
| +23% | +$257K |
|
3293
Elicio Therapeutics
ELTX
$82.7M
| $1.42M | ﹤0.01% |
129,686
+8,855
| +7% | +$89.6K |
|
3294
Greenwich LifeSciences
GLSI
$240M
| $1.41M | ﹤0.01% |
142,116
+3,134
| +2% | +$35.4K |
|
|
CGAU
3295
Centerra Gold
CGAU
$4.15B
| $1.36M | ﹤0.01% |
126,214
-641,322
| -84% | -$5.11M |
|
3296
Star Holdings Shares of Beneficial Interest
STHO
$117M
| $1.35M | ﹤0.01% |
164,345
+9,049
| +6% | +$73.5K |
|
|
CCCX
3297
DELISTED
Churchill Capital Corp X
CCCX
| $1.35M | ﹤0.01% |
+105,182
| New | +$1.11M |
|
3298
Skillsoft
SKIL
$78.4M
| $1.34M | ﹤0.01% |
103,140
+425
| +0.4% | +$6.24K |
|
|
AGEN
3299
Agenus
AGEN
$315M
| $1.34M | ﹤0.01% |
346,991
+29,582
| +9% | +$148K |
|
3300
Vor Biopharma
VOR
$1.38B
| $1.33M | ﹤0.01% |
27,392
+5,614
| +26% | +$226K |
|
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.