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 | |
|---|---|---|---|---|---|---|
3676
ADS-TEC Energy
ADSE
$893M
| $429K | ﹤0.01% |
35,718
| – | – |
|
3677
RAVE Restaurant Group
RAVE
$43.9M
| $428K | ﹤0.01% |
129,328
-326
| -0.3% | -$1K |
|
|
PBBK
3678
DELISTED
PB Bankshares
PBBK
| $426K | ﹤0.01% |
22,106
+458
| +2% | +$8.63K |
|
3679
Nutriband
NTRB
$37.4M
| $423K | ﹤0.01% |
59,943
-3,688
| -6% | -$26.8K |
|
3680
Tempest Therapeutics
TPST
$19.3M
| $422K | ﹤0.01% |
41,024
+6,288
| +18% | +$54.6K |
|
3681
OptimumBank Holdings
OPHC
$113M
| $421K | ﹤0.01% |
102,731
+376
| +0.4% | +$1.64K |
|
3682
ECARX Holdings
ECX
$413M
| $419K | ﹤0.01% |
208,497
| – | – |
|
|
AIIO
3683
Robo.ai Inc
AIIO
$500M
| $418K | ﹤0.01% |
7,983
-3,034
| -28% | -$92.2K |
|
|
NOTE
3684
DELISTED
FiscalNote
NOTE
| $418K | ﹤0.01% |
90,288
+18,382
| +26% | +$119K |
|
3685
MAIA Biotechnology
MAIA
$83.9M
| $418K | ﹤0.01% |
271,056
+48,873
| +22% | +$79.8K |
|
3686
Mastech Digital
MHH
$92.7M
| $415K | ﹤0.01% |
54,485
| – | – |
|
3687
Solitario Resources
XPL
$73.6M
| $415K | ﹤0.01% |
594,793
+17,350
| +3% | +$12.5K |
|
|
TUYA
3688
Tuya Inc
TUYA
$1.1B
| $415K | ﹤0.01% |
168,035
+15,905
| +10% | +$39.8K |
|
3689
Spectral AI
MDAI
$50.5M
| $415K | ﹤0.01% |
181,961
+29,003
| +19% | +$67.1K |
|
3690
Natural Health Trends
NHTC
$15.4M
| $415K | ﹤0.01% |
92,798
| – | – |
|
3691
Loop Industries
LOOP
$32.2M
| $415K | ﹤0.01% |
280,190
+1,319
| +0.5% | +$2.02K |
|
3692
Key Tronic
KTCC
$41.9M
| $414K | ﹤0.01% |
115,920
+803
| +0.7% | +$2.46K |
|
|
OPRA
3693
Opera Ltd
OPRA
$1.78B
| $413K | ﹤0.01% |
20,019
| – | – |
|
3694
Grove Collaborative
GROV
$44.4M
| $413K | ﹤0.01% |
275,390
+51,024
| +23% | +$74.4K |
|
3695
Ideal Power
IPWR
$71.9M
| $412K | ﹤0.01% |
81,954
+157
| +0.2% | +$811 |
|
3696
BayFirst Financial Corp
BAFN
$33.7M
| $412K | ﹤0.01% |
39,351
+471
| +1% | +$5.26K |
|
3697
Gilat Satellite Networks
GILT
$895M
| $406K | ﹤0.01% |
31,190
| – | – |
|
3698
WidePoint Corp
WYY
$114M
| $406K | ﹤0.01% |
82,102
+7,153
| +10% | +$29K |
|
3699
AmeriServ Financial
ASRV
$84.3M
| $406K | ﹤0.01% |
139,968
+362
| +0.3% | +$1.08K |
|
|
CNL
3700
Collective Mining Ltd. Common Shares
CNL
$1.32B
| $406K | ﹤0.01% |
27,957
+1,649
| +6% | +$18.7K |
|
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.