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 | |
|---|---|---|---|---|---|---|
|
CEPF
3426
Cantor Equity Partners IV
CEPF
$596M
| $873K | ﹤0.01% |
+85,695
| New | +$870K |
|
|
EFXT
3427
Enerflex
EFXT
$2.63B
| $873K | ﹤0.01% |
80,609
-3,378
| -4% | -$31.4K |
|
3428
Wrap Technologies
WRAP
$97.4M
| $870K | ﹤0.01% |
400,947
+23,578
| +6% | +$38K |
|
3429
Pliant Therapeutics
PLRX
$67.5M
| $870K | ﹤0.01% |
587,409
+4,823
| +0.8% | +$7.36K |
|
3430
Atara Biotherapeutics
ATRA
$80M
| $867K | ﹤0.01% |
60,526
+390
| +0.6% | +$4.49K |
|
3431
Comtech Telecommunications
CMTL
$51.8M
| $865K | ﹤0.01% |
335,178
+384
| +0.1% | +$877 |
|
|
SKE
3432
Skeena Resources
SKE
$4.07B
| $864K | ﹤0.01% |
46,592
+1,228
| +3% | +$20.1K |
|
3433
International General Insurance
IGIC
$1.14B
| $862K | ﹤0.01% |
37,173
-5
| -0% | -$120 |
|
|
DVLT
3434
Datavault AI
DVLT
$266M
| $861K | ﹤0.01% |
802,971
+298,446
| +59% | +$158K |
|
3435
KVH Industries
KVHI
$146M
| $855K | ﹤0.01% |
152,634
+1,556
| +1% | +$8.64K |
|
|
CIRC
3436
Circle8 Group
CIRC
$61.2M
| $851K | ﹤0.01% |
278,949
+33,872
| +14% | +$100K |
|
|
SVM
3437
Silvercorp Metals
SVM
$2.61B
| $843K | ﹤0.01% |
134,269
+11,211
| +9% | +$54.9K |
|
3438
Ovid Therapeutics
OVID
$502M
| $843K | ﹤0.01% |
648,020
+4,685
| +0.7% | +$4.06K |
|
3439
Comp X International
CIX
$386M
| $840K | ﹤0.01% |
35,875
-14
| -0% | -$355 |
|
3440
MarketWise
MKTW
$53.3M
| $839K | ﹤0.01% |
50,745
+1,284
| +3% | +$23.5K |
|
|
ADVM
3441
DELISTED
Adverum Biotechnologies
ADVM
| $837K | ﹤0.01% |
184,762
| – | – |
|
3442
Identive
INVE
$63.4M
| $836K | ﹤0.01% |
242,300
-7,287
| -3% | -$26.1K |
|
3443
1stdibs.com
DIBS
$162M
| $835K | ﹤0.01% |
322,144
-26,699
| -8% | -$72.7K |
|
3444
RF Industries
RFIL
$147M
| $827K | ﹤0.01% |
100,434
+7,787
| +8% | +$57.9K |
|
|
SBC
3445
SBC Medical Group
SBC
$323M
| $826K | ﹤0.01% |
190,379
+92,297
| +94% | +$416K |
|
|
AAUC
3446
Allied Gold Corp
AAUC
$3.14B
| $824K | ﹤0.01% |
47,253
+9,178
| +24% | +$129K |
|
|
NMP
3447
NMP Acquisition Corp
NMP
| $823K | ﹤0.01% |
+82,854
| New | +$822K |
|
|
CBIO
3448
Crescent Biopharma
CBIO
$612M
| $822K | ﹤0.01% |
+69,134
| New | +$917K |
|
|
BTM
3449
DELISTED
Bitcoin Depot
BTM
| $820K | ﹤0.01% |
34,869
+10,354
| +42% | +$324K |
|
3450
Skye Bioscience
SKYE
$19M
| $820K | ﹤0.01% |
208,598
+6,677
| +3% | +$25.2K |
|
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.