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 | |
|---|---|---|---|---|---|---|
|
TEAD
3526
Teads Holding Co
TEAD
$63.8M
| $602K | ﹤0.01% |
855,857
-45,363
| -5% | -$48K |
|
3527
Grupo Aeroportuario del Pacifico
PAC
$12.5B
| $602K | ﹤0.01% |
2,285
-144
| -6% | -$33.5K |
|
3528
BeyondSpring
BYSI
$37.8M
| $601K | ﹤0.01% |
368,682
+53,198
| +17% | +$102K |
|
|
ZSQR
3529
Z Squared Inc
ZSQR
$210M
| $600K | ﹤0.01% |
42,097
+4,721
| +13% | +$73.4K |
|
3530
RF Industries
RFIL
$148M
| $596K | ﹤0.01% |
103,152
+2,718
| +3% | +$18.8K |
|
|
CNL
3531
Collective Mining Ltd. Common Shares
CNL
$1.36B
| $595K | ﹤0.01% |
40,964
+13,007
| +47% | +$158K |
|
3532
NRX Pharmaceuticals
NRXP
$148M
| $593K | ﹤0.01% |
218,866
+33,004
| +18% | +$88.6K |
|
3533
Weibo
WB
$1.87B
| $592K | ﹤0.01% |
57,923
-118,775
| -67% | -$1.27M |
|
3534
NSTS Bancorp
NSTS
$66.8M
| $588K | ﹤0.01% |
45,383
-1,227
| -3% | -$14K |
|
|
IROQ
3535
DELISTED
IF Bancorp
IROQ
| $585K | ﹤0.01% |
21,707
+46
| +0.2% | +$1.2K |
|
3536
AmpliTech
AMPG
$155M
| $582K | ﹤0.01% |
194,620
+7,874
| +4% | +$26.6K |
|
3537
Vera Bradley
VRA
$95M
| $579K | ﹤0.01% |
239,035
+3,030
| +1% | +$7.04K |
|
3538
UNIFI
UFI
$125M
| $578K | ﹤0.01% |
165,075
+1,060
| +0.6% | +$4.1K |
|
|
THH
3539
TryHard Holdings
THH
$12.7M
| $574K | ﹤0.01% |
3,113
+866
| +39% | +$95.6K |
|
3540
Torrid Holdings
CURV
$232M
| $573K | ﹤0.01% |
585,351
+14,905
| +3% | +$19K |
|
|
VWAV
3541
VisionWave Holdings
VWAV
$37M
| $573K | ﹤0.01% |
61,792
+11,533
| +23% | +$120K |
|
|
SKYA
3542
SkyAI Inc
SKYA
$46.4M
| $569K | ﹤0.01% |
280,372
+268,928
| +2,350% | +$1.04M |
|
3543
Vivani Medical
VANI
$116M
| $568K | ﹤0.01% |
461,652
+105,398
| +30% | +$152K |
|
3544
Fiverr
FVRR
$317M
| $564K | ﹤0.01% |
28,593
+1,291
| +5% | +$27.8K |
|
3545
DarioHealth
DRIO
$73.9M
| $564K | ﹤0.01% |
49,567
+31,063
| +168% | +$410K |
|
3546
Verrica Pharmaceuticals
VRCA
$84.7M
| $562K | ﹤0.01% |
67,659
| – | – |
|
3547
TScan Therapeutics
TCRX
$52.5M
| $562K | ﹤0.01% |
562,153
-5,504
| -1% | -$7.97K |
|
|
SACH
3548
Sachem Capital Corp
SACH
$38.2M
| $562K | ﹤0.01% |
540,536
+1,304
| +0.2% | +$1.39K |
|
|
HDRN
3549
Hadron Energy
HDRN
$134M
| $562K | ﹤0.01% |
+53,328
| New | +$569K |
|
3550
Ocean Power Technologies
OPTT
$54.6M
| $561K | ﹤0.01% |
1,868,138
+15,859
| +0.9% | +$7.13K |
|
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.