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 | |
|---|---|---|---|---|---|---|
|
MRDN
3576
Meridian Holdings Inc
MRDN
$181M
| $511K | ﹤0.01% |
53,160
+871
| +2% | +$9.52K |
|
|
LOKV
3577
DELISTED
Live Oak Acquisition Corp V
LOKV
| $506K | ﹤0.01% |
49,138
| – | – |
|
|
SLSR
3578
Solaris Resources
SLSR
$1.31B
| $505K | ﹤0.01% |
+63,205
| New | +$438K |
|
|
DFNS
3579
T3 Defense Inc
DFNS
$35.3M
| $503K | ﹤0.01% |
998
+658
| +194% | +$542K |
|
|
CVAC
3580
DELISTED
CureVac
CVAC
| $503K | ﹤0.01% |
111,185
-115,312
| -51% | -$591K |
|
3581
Lipocine
LPCN
$17.2M
| $502K | ﹤0.01% |
62,450
+1,374
| +2% | +$4.62K |
|
|
HURA
3582
TuHURA Biosciences
HURA
$157M
| $501K | ﹤0.01% |
662,481
+39,710
| +6% | +$76K |
|
3583
Destination XL Group
DXLG
$34.8M
| $501K | ﹤0.01% |
544,353
+3,183
| +0.6% | +$3.27K |
|
3584
Cato Corp
CATO
$66.5M
| $500K | ﹤0.01% |
161,902
+1,956
| +1% | +$7.19K |
|
3585
Outlook Therapeutics
OTLK
$158M
| $500K | ﹤0.01% |
316,464
+10,169
| +3% | +$16.2K |
|
|
GCTS
3586
GCT Semiconductor Holding
GCTS
$199M
| $498K | ﹤0.01% |
414,944
+17,867
| +4% | +$24.9K |
|
3587
Vroom Inc
VRM
$52.3M
| $497K | ﹤0.01% |
25,011
+123
| +0.5% | +$2.88K |
|
3588
Metagenomi Therapeutics
MGX
$46.8M
| $496K | ﹤0.01% |
305,908
+14,018
| +5% | +$30.3K |
|
3589
New Mountain Finance
NMFC
$733M
| $491K | ﹤0.01% |
53,270
| – | – |
|
|
TRON
3590
Tron Inc
TRON
$759M
| $487K | ﹤0.01% |
392,749
+40,998
| +12% | +$92.5K |
|
3591
Franklin Wireless
FKWL
$28.5M
| $483K | ﹤0.01% |
110,584
+289
| +0.3% | +$1.36K |
|
3592
Clene
CLNN
$52.8M
| $482K | ﹤0.01% |
82,079
+6,090
| +8% | +$50.6K |
|
3593
ICICI Bank
IBN
$106B
| $482K | ﹤0.01% |
16,170
-1,109
| -6% | -$34K |
|
|
PBBK
3594
DELISTED
PB Bankshares
PBBK
| $482K | ﹤0.01% |
22,771
+665
| +3% | +$13.7K |
|
3595
Commercial Vehicle Group
CVGI
$130M
| $480K | ﹤0.01% |
333,149
| – | – |
|
3596
Cibus
CBUS
$147M
| $479K | ﹤0.01% |
275,180
+12,467
| +5% | +$18.6K |
|
3597
Grupo Aeroportuario Centro Norte
OMAB
$5.24B
| $478K | ﹤0.01% |
4,397
-119
| -3% | -$12.4K |
|
3598
Acrivon Therapeutics
ACRV
$74.9M
| $478K | ﹤0.01% |
198,223
+6,190
| +3% | +$13.5K |
|
|
FIRY
3599
Firy Inc
FIRY
$163M
| $478K | ﹤0.01% |
110,760
+947
| +0.9% | +$5.85K |
|
3600
Tilly's
TLYS
$123M
| $477K | ﹤0.01% |
239,730
| – | – |
|
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.