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 | |
|---|---|---|---|---|---|---|
3351
DHI Group
DHX
$169M
| $1.12M | ﹤0.01% |
404,280
+42,966
| +12% | +$119K |
|
3352
OPAL Fuels
OPAL
$68.3M
| $1.12M | ﹤0.01% |
510,319
+1,025
| +0.2% | +$2.42K |
|
3353
Kornit Digital
KRNT
$838M
| $1.12M | ﹤0.01% |
83,155
+13,095
| +19% | +$222K |
|
3354
Shattuck Labs
STTK
$748M
| $1.12M | ﹤0.01% |
467,959
| – | – |
|
|
SVCO
3355
Silvaco Group
SVCO
$253M
| $1.12M | ﹤0.01% |
206,768
+14,557
| +8% | +$71.1K |
|
3356
MacroGenics
MGNX
$266M
| $1.11M | ﹤0.01% |
657,521
-26,017
| -4% | -$42.1K |
|
|
SWKH
3357
DELISTED
SWK Holdings
SWKH
| $1.1M | ﹤0.01% |
75,818
+502
| +0.7% | +$7.42K |
|
3358
Duos Technologies
DUOT
$294M
| $1.1M | ﹤0.01% |
148,832
+53,150
| +56% | +$378K |
|
|
NTHI
3359
NeOnc Technologies
NTHI
$84M
| $1.09M | ﹤0.01% |
+119,969
| New | +$804K |
|
|
CRON
3360
Cronos Group
CRON
$1.17B
| $1.07M | ﹤0.01% |
385,196
+168,366
| +78% | +$396K |
|
3361
Research Solutions
RSSS
$75.9M
| $1.07M | ﹤0.01% |
286,995
+19,459
| +7% | +$59.6K |
|
3362
Magyar Bancorp
MGYR
$126M
| $1.07M | ﹤0.01% |
62,433
| – | – |
|
3363
Establishment Labs
ESTA
$2.28B
| $1.06M | ﹤0.01% |
25,913
-4
| -0% | -$163 |
|
3364
VistaGen Therapeutics
VTGN
$11.7M
| $1.06M | ﹤0.01% |
298,280
+25,373
| +9% | +$75.8K |
|
|
GRP.U
3365
DELISTED
Granite Real Estate Investment Trust
GRP.U
| $1.05M | ﹤0.01% |
18,631
+2,073
| +13% | +$114K |
|
3366
Kewaunee Scientific
KEQU
$104M
| $1.05M | ﹤0.01% |
24,542
+529
| +2% | +$28.5K |
|
|
GIFI
3367
DELISTED
Gulf Island Fabrication
GIFI
| $1.04M | ﹤0.01% |
148,259
-257
| -0.2% | -$1.8K |
|
3368
Taboola.com
TBLA
$1.05B
| $1.04M | ﹤0.01% |
305,045
-53,915
| -15% | -$185K |
|
|
IMSR
3369
Terrestrial Energy
IMSR
$641M
| $1.04M | ﹤0.01% |
63,146
-58,227
| -48% | -$693K |
|
3370
TScan Therapeutics
TCRX
$53M
| $1.03M | ﹤0.01% |
567,657
+1,286
| +0.2% | +$2.28K |
|
|
YDES
3371
YD Bio Ltd
YDES
$173M
| $1.03M | ﹤0.01% |
+53,071
| New | +$923K |
|
|
FONR
3372
DELISTED
Fonar
FONR
| $1.03M | ﹤0.01% |
68,276
+320
| +0.5% | +$4.99K |
|
3373
Seer Inc
SEER
$117M
| $1.03M | ﹤0.01% |
473,136
-36,591
| -7% | -$77.9K |
|
3374
Sera Prognostics
SERA
$78.3M
| $1.01M | ﹤0.01% |
331,115
+28,705
| +9% | +$81.8K |
|
3375
Rhinebeck Bancorp
RBKB
$201M
| $1.01M | ﹤0.01% |
89,113
+1,470
| +2% | +$18.5K |
|
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.