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 | |
|---|---|---|---|---|---|---|
|
IRD
3476
Opus Genetics
IRD
$317M
| $774K | ﹤0.01% |
468,937
+113,260
| +32% | +$141K |
|
|
APLT
3477
DELISTED
Applied Therapeutics
APLT
| $773K | ﹤0.01% |
1,278,156
+309,615
| +32% | +$146K |
|
3478
DLH Holdings
DLHC
$68.8M
| $773K | ﹤0.01% |
136,808
| – | – |
|
3479
Regis Corp
RGS
$69.8M
| $764K | ﹤0.01% |
26,217
+910
| +4% | +$20.9K |
|
|
IRBT
3480
DELISTED
iRobot
IRBT
| $759K | ﹤0.01% |
211,354
-137,113
| -39% | -$530K |
|
3481
Century Casinos
CNTY
$35.2M
| $758K | ﹤0.01% |
290,203
+1,461
| +0.5% | +$3.65K |
|
3482
Instil Bio
TIL
$50.2M
| $756K | ﹤0.01% |
42,339
-755
| -2% | -$19.2K |
|
|
LGCY
3483
Legacy Education Inc
LGCY
$136M
| $756K | ﹤0.01% |
79,010
+50,763
| +180% | +$593K |
|
3484
Apyx Medical
APYX
$129M
| $752K | ﹤0.01% |
351,278
+1,644
| +0.5% | +$3.48K |
|
3485
United Bancorp
UBCP
$90M
| $744K | ﹤0.01% |
53,216
+759
| +1% | +$10.8K |
|
3486
Paramount Gold Nevada
PZG
$128M
| $738K | ﹤0.01% |
599,995
-7,806
| -1% | -$6.63K |
|
3487
FTC Solar
FTCI
$39.2M
| $732K | ﹤0.01% |
103,790
+21,682
| +26% | +$129K |
|
3488
AmpliTech
AMPG
$158M
| $727K | ﹤0.01% |
186,746
+19,177
| +11% | +$62.9K |
|
|
WHWK
3489
Whitehawk Therapeutics
WHWK
$273M
| $726K | ﹤0.01% |
381,754
+9,420
| +3% | +$17.3K |
|
3490
MIND Technology
MIND
$42.3M
| $722K | ﹤0.01% |
89,201
-349
| -0.4% | -$3.14K |
|
|
FLD
3491
Fold Holdings
FLD
$25.7M
| $721K | ﹤0.01% |
186,804
+9,628
| +5% | +$37.9K |
|
3492
Marchex
MCHX
$76.6M
| $720K | ﹤0.01% |
402,225
+9,026
| +2% | +$17.9K |
|
3493
Myomo
MYO
$59.4M
| $718K | ﹤0.01% |
804,434
+135,153
| +20% | +$197K |
|
3494
Saga Communications
SGA
$63.6M
| $715K | ﹤0.01% |
57,448
-46
| -0.1% | -$587 |
|
3495
Northern Technologies International Corp
NTIC
$76.8M
| $714K | ﹤0.01% |
92,626
| – | – |
|
|
LAC
3496
Lithium Americas
LAC
$1.26B
| $713K | ﹤0.01% |
125,107
+18,080
| +17% | +$57.1K |
|
3497
Sutro Biopharma
STRO
$355M
| $713K | ﹤0.01% |
82,095
+403
| +0.5% | +$3.43K |
|
3498
Quince Therapeutics
QNCX
$32.8M
| $713K | ﹤0.01% |
2,186
+201
| +10% | +$66.9K |
|
|
SELF
3499
Global Self Storage
SELF
$59.3M
| $711K | ﹤0.01% |
141,277
+1,700
| +1% | +$8.86K |
|
|
MRDN
3500
Meridian Holdings Inc
MRDN
$182M
| $709K | ﹤0.01% |
52,289
-2,284
| -4% | -$37.4K |
|
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.