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
|
+$958M |
| 2 |
AbbVie
ABBV
|
+$955M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$762M |
| 4 |
CRH
CRH
|
+$705M |
| 5 |
Walmart Inc
WMT
|
+$700M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
K
Kellanova
K
|
+$604M |
| 2 |
DuPont de Nemours
DD
|
+$568M |
| 3 |
Applied Materials
AMAT
|
+$558M |
| 4 |
IPG
Interpublic Group of Companies
IPG
|
+$277M |
| 5 |
Blackstone
BX
|
+$249M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.03% |
| 2 | Financials | 13.5% |
| 3 | Consumer Discretionary | 10.4% |
| 4 | Communication Services | 10.05% |
| 5 | Healthcare | 9.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3426
Upexi
UPXI
$54.8M
| $840K | ﹤0.01% |
499,610
+41,263
| +9% | +$156K |
|
3427
Vivid Seats
SEAT
$80.5M
| $840K | ﹤0.01% |
116,454
+25,178
| +28% | +$248K |
|
|
HIMX
3428
Himax Technologies
HIMX
$2.56B
| $840K | ﹤0.01% |
102,534
+2,183
| +2% | +$18.5K |
|
|
DQ
3429
Daqo New Energy
DQ
$1.01B
| $835K | ﹤0.01% |
28,290
+308
| +1% | +$9.4K |
|
|
SVCO
3430
Silvaco Group
SVCO
$250M
| $833K | ﹤0.01% |
205,661
-1,107
| -0.5% | -$5.5K |
|
3431
XBP Global Holdings
XBP
$33.9M
| $831K | ﹤0.01% |
121,900
+2,205
| +2% | +$13.4K |
|
|
NMP
3432
NMP Acquisition Corp
NMP
| $826K | ﹤0.01% |
82,479
-375
| -0.5% | -$3.75K |
|
3433
First US Bancshares
FUSB
$90.7M
| $821K | ﹤0.01% |
58,757
+1,793
| +3% | +$23.7K |
|
3434
First Northwest Bancorp
FNWB
$108M
| $816K | ﹤0.01% |
87,017
-670
| -0.8% | -$6.09K |
|
3435
Fuel Tech
FTEK
$45.3M
| $810K | ﹤0.01% |
518,939
-4,879
| -0.9% | -$10.7K |
|
3436
Atossa Therapeutics
ATOS
$25.5M
| $810K | ﹤0.01% |
91,461
+642
| +0.7% | +$8.12K |
|
3437
Paramount Gold Nevada
PZG
$127M
| $802K | ﹤0.01% |
636,319
+36,324
| +6% | +$42K |
|
3438
Hyperfine
HYPR
$94.7M
| $799K | ﹤0.01% |
815,986
+143,975
| +21% | +$174K |
|
3439
AirSculpt Technologies
AIRS
$244M
| $798K | ﹤0.01% |
403,163
+17,889
| +5% | +$109K |
|
3440
Zentalis Pharmaceuticals
ZNTL
$297M
| $796K | ﹤0.01% |
589,105
-117
| -0% | -$170 |
|
3441
MIND Technology
MIND
$42.6M
| $795K | ﹤0.01% |
90,429
+1,228
| +1% | +$12.3K |
|
3442
NN Inc
NNBR
$298M
| $794K | ﹤0.01% |
620,060
+59,225
| +11% | +$90.6K |
|
|
CCIX
3443
DELISTED
Churchill Capital Corp IX
CCIX
| $793K | ﹤0.01% |
74,558
| – | – |
|
|
KFII
3444
K&F Growth Acquisition Corp II
KFII
$417M
| $792K | ﹤0.01% |
76,592
| – | – |
|
3445
Prelude Therapeutics
PRLD
$428M
| $792K | ﹤0.01% |
272,886
+55,318
| +25% | +$93.3K |
|
3446
Townsquare Media
TSQ
$104M
| $787K | ﹤0.01% |
153,075
+8,177
| +6% | +$46K |
|
3447
DLH Holdings
DLHC
$68.7M
| $780K | ﹤0.01% |
138,095
+1,287
| +0.9% | +$7.49K |
|
3448
United Bancorp
UBCP
$89.4M
| $779K | ﹤0.01% |
54,289
+1,073
| +2% | +$14.4K |
|
|
SOCA
3449
Solarius Capital Acquisition Corp
SOCA
$242M
| $779K | ﹤0.01% |
77,485
-1,073
| -1% | -$10.8K |
|
3450
Taboola.com
TBLA
$1.06B
| $778K | ﹤0.01% |
168,896
-136,149
| -45% | -$512K |
|
Similar funds
Geode Capital Management's Q4 2025 Portfolio in Review
As of Q4 2025, Geode Capital Management held 4,586 positions worth $1.62T, up 3.4% from $1.57T the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Geode Capital Management's Q4 2025 filing shows 113 new, 2,855 increased, 1,222 reduced and 117 closed positions. Its largest new stake was Qnity Electronics Inc: 5,358,208 shares worth $436M. The largest sale was Kellanova, an estimated $604M.
By sector, the portfolio is most concentrated in Technology at 33% of assets, down from 34% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q4 2025 buy was Qnity Electronics Inc: 5,358,208 shares worth $436M.
- Geode Capital Management added most to Microsoft in Q4 2025, an estimated $958M increase.
- Geode Capital Management's biggest Q4 2025 reduction was DuPont de Nemours, cutting an estimated $568M.
- Geode Capital Management fully exited Kellanova in Q4 2025, selling an estimated $604M.
- Geode Capital Management's ten largest holdings make up 34% of its $1.62T portfolio in Q4 2025.
- Geode Capital Management opened 113 new positions and closed 117 in Q4 2025.
- Geode Capital Management's portfolio value rose 3.4% quarter-over-quarter to $1.62T.
Based on Geode Capital Management's 13F filing for Q4 2025, filed 9 Feb 2026.