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 | |
|---|---|---|---|---|---|---|
|
IROQ
3576
DELISTED
IF Bancorp
IROQ
| $559K | ﹤0.01% |
21,661
-1,618
| -7% | -$40.8K |
|
3577
CEL-SCI Corp
CVM
$25.9M
| $559K | ﹤0.01% |
60,751
+34,833
| +134% | +$273K |
|
|
BLDP
3578
Ballard Power Systems
BLDP
$790M
| $558K | ﹤0.01% |
205,283
| – | – |
|
|
SPEG
3579
Silver Pegasus Acquisition Corp
SPEG
$158M
| $557K | ﹤0.01% |
+55,866
| New | +$557K |
|
|
CV
3580
CapsoVision Inc
CV
$343M
| $557K | ﹤0.01% |
+115,033
| New | +$483K |
|
|
CNSY
3581
Cerenome, Inc. Common Stock
CNSY
$25.5M
| $556K | ﹤0.01% |
32,530
+30,483
| +1,489% | +$374K |
|
3582
Optical Cable Corp
OCC
$149M
| $549K | ﹤0.01% |
67,608
+819
| +1% | +$5K |
|
3583
Unicycive Therapeutics
UNCY
$150M
| $548K | ﹤0.01% |
125,727
+66,941
| +114% | +$292K |
|
3584
NSTS Bancorp
NSTS
$66.8M
| $545K | ﹤0.01% |
46,610
+55
| +0.1% | +$658 |
|
3585
flyExclusive
FLYX
$126M
| $544K | ﹤0.01% |
110,191
+72,986
| +196% | +$249K |
|
3586
Cineverse
CNVS
$68.9M
| $544K | ﹤0.01% |
161,759
+12,947
| +9% | +$64.3K |
|
|
SPAI
3587
Safe Pro Group Inc
SPAI
$94.6M
| $543K | ﹤0.01% |
+77,344
| New | +$387K |
|
3588
American Realty Investors
ARL
$243M
| $541K | ﹤0.01% |
32,312
-69
| -0.2% | -$1.01K |
|
3589
Universal Electronics
UEIC
$75.8M
| $539K | ﹤0.01% |
115,695
+469
| +0.4% | +$2.58K |
|
|
KYNB
3590
Kyntra Bio
KYNB
$28.7M
| $535K | ﹤0.01% |
43,682
-354
| -0.8% | -$3.33K |
|
3591
TELA Bio
TELA
$32.3M
| $532K | ﹤0.01% |
356,721
+18,776
| +6% | +$33.1K |
|
3592
Katapult Holdings
KPLT
$39.2M
| $531K | ﹤0.01% |
44,404
+1,712
| +4% | +$24.5K |
|
3593
Newegg Commerce
NEGG
$415M
| $530K | ﹤0.01% |
12,646
-1,276
| -9% | -$64.5K |
|
3594
NetSol Technologies
NTWK
$49.3M
| $529K | ﹤0.01% |
111,279
+11,313
| +11% | +$47.2K |
|
3595
Actinium Pharmaceuticals
ATNM
$25.8M
| $526K | ﹤0.01% |
328,419
-1,270
| -0.4% | -$2.07K |
|
|
NETD
3596
DELISTED
Nabors Energy Transition Corp II
NETD
| $524K | ﹤0.01% |
46,748
| – | – |
|
3597
ICICI Bank
IBN
$107B
| $522K | ﹤0.01% |
17,279
-373
| -2% | -$12.2K |
|
3598
Oculis Holding
OCS
$716M
| $522K | ﹤0.01% |
29,436
| – | – |
|
3599
CervoMed
CRVO
$41.5M
| $522K | ﹤0.01% |
64,467
+10,211
| +19% | +$87.6K |
|
3600
Leslie's
LESL
$12.4M
| $522K | ﹤0.01% |
94,788
-14,913
| -14% | -$110K |
|
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.