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
|
+$1.53B |
| 2 |
NVIDIA
NVDA
|
+$1.07B |
| 3 |
Capital One
COF
|
+$1.02B |
| 4 |
Apple
AAPL
|
+$998M |
| 5 |
Amazon
AMZN
|
+$736M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DFS
Discover Financial Services
DFS
|
+$1.09B |
| 2 |
Palantir
PLTR
|
+$671M |
| 3 |
Coca-Cola
KO
|
+$501M |
| 4 |
Qualcomm
QCOM
|
+$435M |
| 5 |
Applovin
APP
|
+$362M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32.45% |
| 2 | Financials | 14.05% |
| 3 | Consumer Discretionary | 10.53% |
| 4 | Healthcare | 9.36% |
| 5 | Communication Services | 9.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3301
Atossa Therapeutics
ATOS
$23.9M
| $1.08M | ﹤0.01% |
86,692
-103,027
| -54% | -$1.23M |
|
3302
DHI Group
DHX
$170M
| $1.07M | ﹤0.01% |
361,314
+4,188
| +1% | +$8.09K |
|
|
GRFS
3303
Grifois
GRFS
$5.41B
| $1.07M | ﹤0.01% |
117,990
+910
| +0.8% | +$7.11K |
|
3304
C4 Therapeutics
CCCC
$502M
| $1.07M | ﹤0.01% |
745,053
-685,235
| -48% | -$997K |
|
3305
Townsquare Media
TSQ
$107M
| $1.06M | ﹤0.01% |
133,623
-149,849
| -53% | -$1.06M |
|
3306
NeoVolta
NEOV
$203M
| $1.06M | ﹤0.01% |
319,584
-1,087
| -0.3% | -$3.12K |
|
|
VXRT
3307
DELISTED
Vaxart
VXRT
| $1.05M | ﹤0.01% |
2,326,371
-333,748
| -13% | -$145K |
|
3308
Magyar Bancorp
MGYR
$126M
| $1.05M | ﹤0.01% |
62,433
+4,027
| +7% | +$60.4K |
|
3309
Biglari Holdings Class A
BH.A
$1.23B
| $1.05M | ﹤0.01% |
750
+31
| +4% | +$37.1K |
|
3310
Comstock
LODE
$255M
| $1.05M | ﹤0.01% |
277,099
+53,111
| +24% | +$148K |
|
3311
Alto Ingredients
ALTO
$323M
| $1.05M | ﹤0.01% |
909,028
-54,885
| -6% | -$52.6K |
|
3312
Cardlytics
CDLX
$24.9M
| $1.04M | ﹤0.01% |
63,256
-48,250
| -43% | -$833K |
|
3313
Rhinebeck Bancorp
RBKB
$200M
| $1.03M | ﹤0.01% |
87,643
+48,203
| +122% | +$535K |
|
3314
Ring Energy
REI
$352M
| $1.02M | ﹤0.01% |
1,287,635
-1,826,346
| -59% | -$1.55M |
|
3315
Exagen
XGN
$157M
| $1.02M | ﹤0.01% |
146,483
+45,884
| +46% | +$279K |
|
3316
Lantronix
LTRX
$272M
| $1.02M | ﹤0.01% |
356,186
+2,303
| +0.7% | +$5.23K |
|
3317
Wheels Up
UP
$185M
| $1.02M | ﹤0.01% |
47,729
-52,535
| -52% | -$1.29M |
|
3318
Seres Therapeutics
MCRB
$45.3M
| $1.02M | ﹤0.01% |
91,602
+10,663
| +13% | +$93.8K |
|
|
FONR
3319
DELISTED
Fonar
FONR
| $1.02M | ﹤0.01% |
67,956
+388
| +0.6% | +$5.18K |
|
3320
Ultralife
ULBI
$124M
| $1.02M | ﹤0.01% |
113,053
-125,564
| -53% | -$744K |
|
|
AFBI
3321
DELISTED
Affinity Bancshares
AFBI
| $1.01M | ﹤0.01% |
54,694
-66
| -0.1% | -$1.2K |
|
3322
Upexi
UPXI
$58.1M
| $1M | ﹤0.01% |
+335,953
| New | +$2.91M |
|
3323
Microbot Medical
MBOT
$114M
| $996K | ﹤0.01% |
395,039
+78,121
| +25% | +$187K |
|
|
DGNX
3324
Diginex Ltd
DGNX
$43.7M
| $994K | ﹤0.01% |
19,315
+1,748
| +10% | +$132K |
|
|
GIFI
3325
DELISTED
Gulf Island Fabrication
GIFI
| $988K | ﹤0.01% |
148,516
+826
| +0.6% | +$5.41K |
|
Similar funds
Geode Capital Management's Q2 2025 Portfolio in Review
As of Q2 2025, Geode Capital Management held 4,594 positions worth $1.43T, up 12% from $1.27T the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Geode Capital Management's Q2 2025 filing shows 119 new, 2,787 increased, 1,425 reduced and 150 closed positions. Its largest new stake was Emera Inc: 3,219,448 shares worth $152M. The largest sale was Discover Financial Services, an estimated $1.09B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 29% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q2 2025 buy was Emera Inc: 3,219,448 shares worth $152M.
- Geode Capital Management added most to Microsoft in Q2 2025, an estimated $1.53B increase.
- Geode Capital Management's biggest Q2 2025 reduction was Palantir, cutting an estimated $671M.
- Geode Capital Management fully exited Discover Financial Services in Q2 2025, selling an estimated $1.09B.
- Geode Capital Management's ten largest holdings make up 32% of its $1.43T portfolio in Q2 2025.
- Geode Capital Management opened 119 new positions and closed 150 in Q2 2025.
- Geode Capital Management's portfolio value rose 12% quarter-over-quarter to $1.43T.
Based on Geode Capital Management's 13F filing for Q2 2025, filed 8 Aug 2025.