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 | |
|---|---|---|---|---|---|---|
3601
The ONE Group
STKS
$56.5M
| $475K | ﹤0.01% |
271,578
+1,481
| +0.5% | +$3.14K |
|
3602
Airgain
AIRG
$70.3M
| $474K | ﹤0.01% |
116,657
+1,423
| +1% | +$5.77K |
|
|
DMAA
3603
Drugs Made In America Acquisition Corp
DMAA
| $473K | ﹤0.01% |
45,648
| – | – |
|
3604
Lufax Holding
LU
$1.35B
| $471K | ﹤0.01% |
184,122
+31,272
| +20% | +$92.4K |
|
3605
Instil Bio
TIL
$50.7M
| $470K | ﹤0.01% |
42,706
+367
| +0.9% | +$5.43K |
|
3606
flyExclusive
FLYX
$126M
| $467K | ﹤0.01% |
113,564
+3,373
| +3% | +$12.4K |
|
3607
TechPrecision Corp
TPCS
$48.3M
| $464K | ﹤0.01% |
96,055
+3,448
| +4% | +$16.3K |
|
3608
Tigo Energy
TYGO
$92.1M
| $463K | ﹤0.01% |
335,716
+21,211
| +7% | +$42.5K |
|
3609
Transact Technologies
TACT
$54.8M
| $462K | ﹤0.01% |
115,552
+4,742
| +4% | +$21.5K |
|
3610
Great Elm Group
GEG
$69M
| $461K | ﹤0.01% |
180,866
+26,460
| +17% | +$66.2K |
|
3611
WidePoint Corp
WYY
$115M
| $461K | ﹤0.01% |
85,777
+3,675
| +4% | +$22.9K |
|
|
SEV
3612
Aptera Motors
SEV
$83.1M
| $460K | ﹤0.01% |
+107,152
| New | +$671K |
|
3613
AmeriServ Financial
ASRV
$84.3M
| $456K | ﹤0.01% |
142,798
+2,830
| +2% | +$8.71K |
|
3614
CPI Aerostructures
CVU
$72.9M
| $455K | ﹤0.01% |
114,994
+1,648
| +1% | +$4.51K |
|
3615
MAIA Biotechnology
MAIA
$83.9M
| $454K | ﹤0.01% |
296,740
+25,684
| +9% | +$33.5K |
|
3616
Century Therapeutics
IPSC
$366M
| $454K | ﹤0.01% |
456,115
+10,806
| +2% | +$6.59K |
|
3617
Solitario Resources
XPL
$73.9M
| $454K | ﹤0.01% |
650,751
+55,958
| +9% | +$37K |
|
3618
ADS-TEC Energy
ADSE
$893M
| $453K | ﹤0.01% |
35,718
| – | – |
|
3619
GH Research
GHRS
$2.05B
| $453K | ﹤0.01% |
35,645
| – | – |
|
3620
CPS Technologies
CPSH
$87.4M
| $451K | ﹤0.01% |
145,827
+14,588
| +11% | +$51.6K |
|
3621
Actinium Pharmaceuticals
ATNM
$26.6M
| $448K | ﹤0.01% |
328,994
+575
| +0.2% | +$839 |
|
3622
SAB Biotherapeutics
SABS
$349M
| $447K | ﹤0.01% |
119,517
+33,799
| +39% | +$111K |
|
3623
Heritage Global
HGBL
$37.2M
| $447K | ﹤0.01% |
360,176
+2,402
| +0.7% | +$3.33K |
|
3624
Aligos Therapeutics
ALGS
$43.7M
| $445K | ﹤0.01% |
47,741
+661
| +1% | +$6.23K |
|
3625
ImmuCell
ICCC
$99.2M
| $444K | ﹤0.01% |
72,257
+78
| +0.1% | +$459 |
|
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.