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 | |
|---|---|---|---|---|---|---|
3326
Crawford & Co Class B
CRD.B
$583M
| $987K | ﹤0.01% |
94,444
-254
| -0.3% | -$2.6K |
|
|
CHMI
3327
Cherry Hill Mortgage Investment Corp
CHMI
$108M
| $986K | ﹤0.01% |
361,034
-892
| -0.2% | -$2.6K |
|
3328
Altisource Portfolio Solutions
ASPS
$64.5M
| $984K | ﹤0.01% |
115,269
+88,680
| +334% | +$647K |
|
3329
MarketWise
MKTW
$54.3M
| $979K | ﹤0.01% |
49,461
+3,245
| +7% | +$49.8K |
|
3330
Provident Financial
PROV
$113M
| $976K | ﹤0.01% |
62,924
-143
| -0.2% | -$2.15K |
|
|
TGEN
3331
Tecogen Inc
TGEN
$127M
| $971K | ﹤0.01% |
+142,850
| New | +$742K |
|
3332
QuickLogic
QUIK
$231M
| $971K | ﹤0.01% |
157,558
-162,617
| -51% | -$893K |
|
3333
1stdibs.com
DIBS
$161M
| $960K | ﹤0.01% |
348,843
-287,291
| -45% | -$744K |
|
3334
Ituran Location and Control
ITRN
$1.06B
| $958K | ﹤0.01% |
24,767
+119
| +0.5% | +$4.28K |
|
3335
Value Line
VALU
$366M
| $957K | ﹤0.01% |
24,437
-392
| -2% | -$15.3K |
|
|
TRON
3336
Tron Inc
TRON
$764M
| $955K | ﹤0.01% |
123,205
+62,304
| +102% | +$112K |
|
3337
Comp X International
CIX
$389M
| $954K | ﹤0.01% |
35,889
+917
| +3% | +$22.6K |
|
3338
Pharvaris
PHVS
$2.42B
| $952K | ﹤0.01% |
54,102
+15,769
| +41% | +$254K |
|
|
BNT
3339
Brookfield Wealth Solutions
BNT
$12.1B
| $948K | ﹤0.01% |
21,260
-11,961
| -36% | -$443K |
|
|
FLNA
3340
Filana Therapeutics
FLNA
$45.5M
| $947K | ﹤0.01% |
522,879
-503,720
| -49% | -$896K |
|
3341
Ero Copper
ERO
$3.6B
| $936K | ﹤0.01% |
55,170
+1,823
| +3% | +$24.6K |
|
3342
Veru
VERU
$45.5M
| $935K | ﹤0.01% |
160,634
-142,677
| -47% | -$801K |
|
3343
inTEST
INTT
$178M
| $934K | ﹤0.01% |
128,298
-9,231
| -7% | -$58.6K |
|
3344
AXT Inc
AXTI
$5.12B
| $933K | ﹤0.01% |
446,234
-42,142
| -9% | -$65.5K |
|
3345
Elicio Therapeutics
ELTX
$83M
| $933K | ﹤0.01% |
120,831
+43,364
| +56% | +$270K |
|
3346
Afya
AFYA
$1.23B
| $931K | ﹤0.01% |
52,111
+23,961
| +85% | +$438K |
|
3347
Corbus Pharmaceuticals
CRBP
$196M
| $926K | ﹤0.01% |
134,091
-137,423
| -51% | -$998K |
|
3348
Assembly Biosciences
ASMB
$588M
| $925K | ﹤0.01% |
51,015
+3,312
| +7% | +$43.7K |
|
3349
Lightspeed Commerce
LSPD
$1.37B
| $922K | ﹤0.01% |
78,301
+5,834
| +8% | +$60K |
|
3350
Leslie's
LESL
$7.02M
| $922K | ﹤0.01% |
109,701
-112,346
| -51% | -$1.48M |
|
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.