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 | |
|---|---|---|---|---|---|---|
3451
Optex Systems
OPXS
$79.2M
| $819K | ﹤0.01% |
63,548
+3,285
| +5% | +$39.7K |
|
|
VZLA
3452
Vizsla Silver
VZLA
$1.3B
| $814K | ﹤0.01% |
+188,393
| New | +$653K |
|
3453
Ultralife
ULBI
$121M
| $811K | ﹤0.01% |
118,834
+5,781
| +5% | +$43.8K |
|
|
ALM
3454
Almonty Industries
ALM
$4.07B
| $809K | ﹤0.01% |
+134,181
| New | +$610K |
|
3455
Afya
AFYA
$1.23B
| $808K | ﹤0.01% |
51,768
-343
| -0.7% | -$5.26K |
|
3456
Invivyd
IVVD
$205M
| $806K | ﹤0.01% |
732,344
+95,386
| +15% | +$84.6K |
|
3457
AstroNova
ALOT
$227M
| $804K | ﹤0.01% |
78,484
+4,346
| +6% | +$48K |
|
3458
AMREP Corp
AXR
$119M
| $801K | ﹤0.01% |
33,482
-84
| -0.3% | -$1.92K |
|
3459
The ONE Group
STKS
$56.5M
| $800K | ﹤0.01% |
270,097
| – | – |
|
3460
Odyssey Marine Exploration
OMEX
$52.6M
| $796K | ﹤0.01% |
407,920
+102,547
| +34% | +$165K |
|
|
TGB
3461
Trekor Metals
TGB
$3.07B
| $793K | ﹤0.01% |
187,499
+8,254
| +5% | +$28.1K |
|
3462
Westwater Resources
WWR
$76.5M
| $792K | ﹤0.01% |
834,752
+163,621
| +24% | +$123K |
|
3463
Castellum
CTM
$61.6M
| $789K | ﹤0.01% |
723,527
+124,329
| +21% | +$144K |
|
3464
Quantum Corp
QMCO
$961M
| $788K | ﹤0.01% |
79,427
+10,043
| +14% | +$84.4K |
|
|
DEFT
3465
Defi Technologies
DEFT
$183M
| $788K | ﹤0.01% |
378,803
-64,707
| -15% | -$168K |
|
3466
Children's Place
PLCE
$53.8M
| $788K | ﹤0.01% |
126,787
-27,867
| -18% | -$151K |
|
|
DQ
3467
Daqo New Energy
DQ
$999M
| $787K | ﹤0.01% |
27,982
-1,859
| -6% | -$43.6K |
|
3468
Tigo Energy
TYGO
$94.4M
| $786K | ﹤0.01% |
314,505
+70,374
| +29% | +$105K |
|
3469
BGSF Inc
BGSF
$58.7M
| $785K | ﹤0.01% |
110,518
+6,195
| +6% | +$40.2K |
|
|
KFII
3470
K&F Growth Acquisition Corp II
KFII
$417M
| $783K | ﹤0.01% |
76,592
| – | – |
|
|
SOCA
3471
Solarius Capital Acquisition Corp
SOCA
| $782K | ﹤0.01% |
+78,558
| New | +$784K |
|
3472
Team
TISI
$101M
| $782K | ﹤0.01% |
47,129
-1
| -0% | -$18 |
|
|
CCIX
3473
DELISTED
Churchill Capital Corp IX
CCIX
| $781K | ﹤0.01% |
74,558
| – | – |
|
3474
UNIFI
UFI
$125M
| $781K | ﹤0.01% |
164,015
-252
| -0.2% | -$1.16K |
|
3475
Vermilion Energy
VET
$1.7B
| $774K | ﹤0.01% |
98,517
+14,662
| +17% | +$113K |
|
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.