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
|
+$1.53B |
| 2 |
NVIDIA
NVDA
|
+$1.07B |
| 3 |
Capital One
COF
|
+$1.02B |
| 4 |
Apple
AAPL
|
+$998M |
| 5 |
Amazon
AMZN
|
+$736M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DFS
Discover Financial Services
DFS
|
+$1.09B |
| 2 |
Palantir
PLTR
|
+$671M |
| 3 |
Coca-Cola
KO
|
+$501M |
| 4 |
Qualcomm
QCOM
|
+$435M |
| 5 |
Applovin
APP
|
+$362M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32.45% |
| 2 | Financials | 14.05% |
| 3 | Consumer Discretionary | 10.53% |
| 4 | Healthcare | 9.36% |
| 5 | Communication Services | 9.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3551
Nutriband
NTRB
$37.4M
| $501K | ﹤0.01% |
63,631
+81
| +0.1% | +$509 |
|
3552
ImmuCell
ICCC
$99.3M
| $500K | ﹤0.01% |
71,852
+2,907
| +4% | +$16.9K |
|
|
CIRC
3553
Circle8 Group
CIRC
$63M
| $498K | ﹤0.01% |
245,077
+129,572
| +112% | +$390K |
|
3554
Cato Corp
CATO
$65.7M
| $496K | ﹤0.01% |
176,581
-451
| -0.3% | -$1.2K |
|
3555
Biomea Fusion
BMEA
$92.8M
| $493K | ﹤0.01% |
273,822
-352,131
| -56% | -$678K |
|
3556
ADS-TEC Energy
ADSE
$893M
| $493K | ﹤0.01% |
35,718
+146
| +0.4% | +$1.81K |
|
3557
Catalyst Bancorp
CLST
$69.6M
| $492K | ﹤0.01% |
39,666
+522
| +1% | +$6.13K |
|
3558
Research Frontiers
REFR
$16.8M
| $491K | ﹤0.01% |
303,290
+869
| +0.3% | +$1.28K |
|
3559
Bluerock Homes Trust
BHM
$35.7M
| $491K | ﹤0.01% |
39,222
-162
| -0.4% | -$1.78K |
|
3560
Elutia
ELUT
$36.2M
| $491K | ﹤0.01% |
247,917
+1,353
| +0.5% | +$2.73K |
|
|
ZYXI
3561
DELISTED
Zynex
ZYXI
| $489K | ﹤0.01% |
189,410
-197,587
| -51% | -$447K |
|
3562
Hyperfine
HYPR
$95.5M
| $485K | ﹤0.01% |
673,619
-12,497
| -2% | -$8.75K |
|
3563
Great Elm Group
GEG
$69M
| $481K | ﹤0.01% |
227,950
-1,244
| -0.5% | -$2.51K |
|
3564
Grupo Aeroportuario Centro Norte
OMAB
$5.28B
| $481K | ﹤0.01% |
4,556
-85
| -2% | -$7.97K |
|
3565
Zedge
ZDGE
$38.6M
| $480K | ﹤0.01% |
119,686
+2,695
| +2% | +$6.97K |
|
3566
Ampco-Pittsburgh
AP
$190M
| $480K | ﹤0.01% |
162,066
+4,339
| +3% | +$11.3K |
|
|
NAMM
3567
Namib Minerals
NAMM
$70.8M
| $479K | ﹤0.01% |
+63,332
| New | +$1.01M |
|
3568
Airgain
AIRG
$69.3M
| $476K | ﹤0.01% |
114,703
+852
| +0.7% | +$3.36K |
|
|
IMDX
3569
Insight Molecular Diagnostics
IMDX
$147M
| $476K | ﹤0.01% |
157,580
-1,327
| -0.8% | -$4.01K |
|
3570
Cognyte Software
CGNT
$675M
| $472K | ﹤0.01% |
51,122
-46,127
| -47% | -$454K |
|
3571
Cue Biopharma
CUE
$128M
| $472K | ﹤0.01% |
23,072
-58
| -0.3% | -$1.24K |
|
3572
Surf Air Mobility
SRFM
$98.2M
| $471K | ﹤0.01% |
127,602
+16,273
| +15% | +$40.5K |
|
3573
Bridger Aerospace
BAER
$70.6M
| $470K | ﹤0.01% |
243,488
-145,413
| -37% | -$223K |
|
3574
RenovoRx
RNXT
$50.5M
| $467K | ﹤0.01% |
353,603
+31,730
| +10% | +$36.1K |
|
|
DMAA
3575
Drugs Made In America Acquisition Corp
DMAA
| $466K | ﹤0.01% |
45,648
+186
| +0.4% | +$1.88K |
|
Similar funds
Geode Capital Management's Q2 2025 Portfolio in Review
As of Q2 2025, Geode Capital Management held 4,594 positions worth $1.43T, up 12% from $1.27T the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Geode Capital Management's Q2 2025 filing shows 119 new, 2,787 increased, 1,425 reduced and 150 closed positions. Its largest new stake was Emera Inc: 3,219,448 shares worth $152M. The largest sale was Discover Financial Services, an estimated $1.09B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 29% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q2 2025 buy was Emera Inc: 3,219,448 shares worth $152M.
- Geode Capital Management added most to Microsoft in Q2 2025, an estimated $1.53B increase.
- Geode Capital Management's biggest Q2 2025 reduction was Palantir, cutting an estimated $671M.
- Geode Capital Management fully exited Discover Financial Services in Q2 2025, selling an estimated $1.09B.
- Geode Capital Management's ten largest holdings make up 32% of its $1.43T portfolio in Q2 2025.
- Geode Capital Management opened 119 new positions and closed 150 in Q2 2025.
- Geode Capital Management's portfolio value rose 12% quarter-over-quarter to $1.43T.
Based on Geode Capital Management's 13F filing for Q2 2025, filed 8 Aug 2025.