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 | |
|---|---|---|---|---|---|---|
3301
HireQuest
HQI
$235M
| $1.33M | ﹤0.01% |
138,132
-1,009
| -0.7% | -$9.95K |
|
3302
Mammoth Energy Services
TUSK
$163M
| $1.33M | ﹤0.01% |
579,105
-1,554
| -0.3% | -$3.83K |
|
3303
Avalo Therapeutics
AVTX
$1.04B
| $1.33M | ﹤0.01% |
104,189
-6,271
| -6% | -$53.9K |
|
3304
Prairie Operating Co
PROP
$83.4M
| $1.32M | ﹤0.01% |
664,714
+3,324
| +0.5% | +$9.46K |
|
3305
ATS Corp
ATS
$1.99B
| $1.32M | ﹤0.01% |
50,232
+4,377
| +10% | +$126K |
|
3306
Red Robin
RRGB
$188M
| $1.31M | ﹤0.01% |
191,021
-5,976
| -3% | -$38.2K |
|
3307
AtaiBeckley Inc
ATAI
$2.69B
| $1.28M | ﹤0.01% |
242,344
+97,975
| +68% | +$398K |
|
3308
Inovio Pharmaceuticals
INO
$95.8M
| $1.28M | ﹤0.01% |
546,747
+109,198
| +25% | +$209K |
|
|
EXK
3309
Endeavour Silver
EXK
$3.05B
| $1.28M | ﹤0.01% |
162,158
+17,825
| +12% | +$105K |
|
|
SAFX
3310
XCF Global Inc
SAFX
$184M
| $1.28M | ﹤0.01% |
974,308
+938,372
| +2,611% | +$1.37M |
|
3311
Traeger
COOK
$168M
| $1.27M | ﹤0.01% |
20,876
-398
| -2% | -$30.5K |
|
3312
CareCloud
CCLD
$104M
| $1.27M | ﹤0.01% |
395,552
+36,066
| +10% | +$104K |
|
|
CLPR
3313
Clipper Realty
CLPR
$52.8M
| $1.26M | ﹤0.01% |
330,680
-3,290
| -1% | -$13.1K |
|
3314
Genmab
GMAB
$19.2B
| $1.25M | ﹤0.01% |
40,878
+13,751
| +51% | +$335K |
|
|
SA
3315
Seabridge Gold
SA
$3.45B
| $1.25M | ﹤0.01% |
51,431
+6,745
| +15% | +$117K |
|
3316
NLI Holdings
NL
$324M
| $1.25M | ﹤0.01% |
202,650
+137
| +0.1% | +$867 |
|
3317
Genasys
GNSS
$77.9M
| $1.23M | ﹤0.01% |
500,174
| – | – |
|
|
CVAC
3318
DELISTED
CureVac
CVAC
| $1.22M | ﹤0.01% |
226,497
-19,706
| -8% | -$107K |
|
3319
Siebert Financial
SIEB
$77.7M
| $1.22M | ﹤0.01% |
416,868
+16,380
| +4% | +$56.5K |
|
3320
Amtech Systems
ASYS
$283M
| $1.22M | ﹤0.01% |
131,281
-5,093
| -4% | -$31.1K |
|
3321
Hooker Furnishings Corp
HOFT
$160M
| $1.21M | ﹤0.01% |
119,545
-273
| -0.2% | -$2.85K |
|
3322
Pyxis Oncology
PYXS
$201M
| $1.21M | ﹤0.01% |
544,508
+33,545
| +7% | +$48.3K |
|
3323
Ispire Technology
ISPR
$96.4M
| $1.21M | ﹤0.01% |
471,636
-4,780
| -1% | -$13.9K |
|
3324
Goldgroup Mining Inc.
GORO
$210M
| $1.2M | ﹤0.01% |
1,440,275
+58,359
| +4% | +$36.1K |
|
3325
Dorchester Minerals
DMLP
$1.36B
| $1.2M | ﹤0.01% |
46,303
-2,926
| -6% | -$76.4K |
|
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.