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 | |
|---|---|---|---|---|---|---|
3401
Canadian Solar
CSIQ
$1.03B
| $942K | ﹤0.01% |
72,222
+7,678
| +12% | +$91.8K |
|
3402
Neonode
NEON
$15M
| $940K | ﹤0.01% |
269,394
-446
| -0.2% | -$8.22K |
|
3403
Ocean Power Technologies
OPTT
$54.2M
| $933K | ﹤0.01% |
1,852,279
+55,687
| +3% | +$30.4K |
|
3404
Provident Financial
PROV
$113M
| $929K | ﹤0.01% |
58,972
-3,952
| -6% | -$61.3K |
|
3405
PepGen
PEPG
$199M
| $928K | ﹤0.01% |
200,731
-365
| -0.2% | -$588 |
|
3406
Crawford & Co Class B
CRD.B
$583M
| $924K | ﹤0.01% |
94,419
-25
| -0% | -$254 |
|
3407
Ituran Location and Control
ITRN
$1.06B
| $921K | ﹤0.01% |
25,789
+1,022
| +4% | +$38.6K |
|
3408
American Well
AMWL
$220M
| $918K | ﹤0.01% |
149,292
+1,737
| +1% | +$12.8K |
|
3409
Valhi
VHI
$464M
| $918K | ﹤0.01% |
58,187
+2,077
| +4% | +$34.8K |
|
|
CHMI
3410
Cherry Hill Mortgage Investment Corp
CHMI
$108M
| $913K | ﹤0.01% |
381,766
+20,732
| +6% | +$57.4K |
|
3411
Immunic
IMUX
$228M
| $912K | ﹤0.01% |
103,377
+5,913
| +6% | +$52.2K |
|
3412
Fortress Biotech
FBIO
$93.3M
| $904K | ﹤0.01% |
244,421
+9,631
| +4% | +$24.4K |
|
3413
Biomea Fusion
BMEA
$93.5M
| $903K | ﹤0.01% |
446,874
+173,052
| +63% | +$317K |
|
3414
Intercorp Financial Services
IFS
$6.1B
| $901K | ﹤0.01% |
22,334
+1,685
| +8% | +$65.1K |
|
|
ASRT
3415
DELISTED
Assertio
ASRT
| $901K | ﹤0.01% |
68,151
+59
| +0.1% | +$687 |
|
3416
Coya Therapeutics
COYA
$111M
| $894K | ﹤0.01% |
156,845
-242
| -0.2% | -$1.47K |
|
|
JKS
3417
JinkoSolar
JKS
$844M
| $892K | ﹤0.01% |
37,139
-532
| -1% | -$12.5K |
|
3418
GSI Technology
GSIT
$261M
| $891K | ﹤0.01% |
242,140
+24,070
| +11% | +$90.7K |
|
3419
Zentalis Pharmaceuticals
ZNTL
$306M
| $890K | ﹤0.01% |
589,222
-28,945
| -5% | -$43.4K |
|
|
ORGN
3420
DELISTED
Origin Materials
ORGN
| $890K | ﹤0.01% |
57,157
+302
| +0.5% | +$5.61K |
|
3421
Vista Energy
VIST
$7.35B
| $887K | ﹤0.01% |
25,791
+9,126
| +55% | +$378K |
|
|
HIMX
3422
Himax Technologies
HIMX
$2.62B
| $886K | ﹤0.01% |
100,351
-30,256
| -23% | -$260K |
|
|
GEMI
3423
Gemini Space Station
GEMI
$528M
| $879K | ﹤0.01% |
+36,690
| New | +$947K |
|
|
FIRY
3424
Firy Inc
FIRY
$160M
| $879K | ﹤0.01% |
109,813
-16,368
| -13% | -$126K |
|
3425
Owlet
OWLT
$187M
| $878K | ﹤0.01% |
103,693
+41,832
| +68% | +$331K |
|
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.