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 | |
|---|---|---|---|---|---|---|
3476
Castellum
CTM
$61.5M
| $699K | ﹤0.01% |
773,724
+50,197
| +7% | +$53.6K |
|
3477
Biomea Fusion
BMEA
$95M
| $698K | ﹤0.01% |
562,898
+116,024
| +26% | +$163K |
|
3478
AstroNova
ALOT
$227M
| $698K | ﹤0.01% |
80,663
+2,179
| +3% | +$19K |
|
|
KLRS
3479
Kalaris Therapeutics
KLRS
$94.3M
| $698K | ﹤0.01% |
82,647
+18,096
| +28% | +$116K |
|
3480
MediciNova
MNOV
$64.5M
| $694K | ﹤0.01% |
529,583
-119
| -0% | -$164 |
|
3481
Auburn National Bancorp
AUBN
$91.1M
| $691K | ﹤0.01% |
25,632
+439
| +2% | +$11.4K |
|
3482
Armata Pharmaceuticals
ARMP
$180M
| $690K | ﹤0.01% |
109,888
+5,342
| +5% | +$29.3K |
|
3483
INmune Bio
INMB
$57.7M
| $689K | ﹤0.01% |
441,650
-27,790
| -6% | -$49.6K |
|
3484
Forafric Global
AFRI
$289M
| $688K | ﹤0.01% |
62,370
+11,815
| +23% | +$114K |
|
3485
Polestar Automotive Holding UK
PSNY
$2B
| $688K | ﹤0.01% |
32,199
-1,420
| -4% | -$29.6K |
|
3486
Criteo S.A. Ordinary Shares
CRTO
$891M
| $687K | ﹤0.01% |
33,316
-16,692
| -33% | -$345K |
|
3487
Ultralife
ULBI
$121M
| $686K | ﹤0.01% |
119,957
+1,123
| +0.9% | +$6.93K |
|
3488
Broadwind
BWEN
$127M
| $679K | ﹤0.01% |
239,946
+4,332
| +2% | +$11.4K |
|
3489
Tenax Therapeutics
TENX
$70.4M
| $679K | ﹤0.01% |
55,699
+21,274
| +62% | +$185K |
|
3490
Saga Communications
SGA
$62.6M
| $678K | ﹤0.01% |
59,371
+1,923
| +3% | +$23.2K |
|
|
GRFS
3491
Grifois
GRFS
$5.42B
| $678K | ﹤0.01% |
72,463
-45,507
| -39% | -$414K |
|
|
SUIG
3492
Sui Group Holdings
SUIG
$64.6M
| $677K | ﹤0.01% |
405,319
+359,490
| +784% | +$929K |
|
|
TVRD
3493
Tvardi Therapeutics
TVRD
$21.9M
| $676K | ﹤0.01% |
157,133
+9,214
| +6% | +$82.6K |
|
3494
Team
TISI
$101M
| $672K | ﹤0.01% |
47,516
+387
| +0.8% | +$5.8K |
|
3495
Myomo
MYO
$59.8M
| $671K | ﹤0.01% |
736,969
-67,465
| -8% | -$64.7K |
|
3496
Marchex
MCHX
$76.2M
| $670K | ﹤0.01% |
403,354
+1,129
| +0.3% | +$1.92K |
|
|
CNCK
3497
Coincheck Group
CNCK
$399M
| $669K | ﹤0.01% |
265,451
+225,882
| +571% | +$889K |
|
|
HSAI
3498
Hesai Group
HSAI
$3.01B
| $668K | ﹤0.01% |
29,802
+6,513
| +28% | +$142K |
|
|
IPCX
3499
Inflection Point Acquisition Corp III
IPCX
$141M
| $665K | ﹤0.01% |
65,585
+6,708
| +11% | +$68.1K |
|
3500
Pyxis Oncology
PYXS
$206M
| $664K | ﹤0.01% |
577,211
+32,703
| +6% | +$115K |
|
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.