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 | |
|---|---|---|---|---|---|---|
3676
Canterbury Park Holding Corp
CPHC
$80.8M
| $398K | ﹤0.01% |
26,174
-1,212
| -4% | -$19K |
|
3677
Upland Software
UPLD
$14.9M
| $398K | ﹤0.01% |
27,814
-5
| -0% | -$95 |
|
3678
reAlpha
AIRE
$8.21M
| $393K | ﹤0.01% |
37,653
+20,572
| +120% | +$277K |
|
3679
Vinci Compass Investments Ltd
VINP
$627M
| $393K | ﹤0.01% |
30,116
+1,896
| +7% | +$22.6K |
|
|
GOOS
3680
Canada Goose Holdings
GOOS
$844M
| $392K | ﹤0.01% |
30,314
+859
| +3% | +$11.4K |
|
3681
Talphera
TLPH
$72.7M
| $391K | ﹤0.01% |
342,987
+177,294
| +107% | +$214K |
|
3682
Drilling Tools International
DTI
$86.1M
| $391K | ﹤0.01% |
159,400
+17,926
| +13% | +$43.1K |
|
3683
Lake Shore Bancorp
LSBK
$135M
| $390K | ﹤0.01% |
26,608
-1,695
| -6% | -$23.7K |
|
3684
Jasper Therapeutics
JSPR
$27.4M
| $388K | ﹤0.01% |
211,857
+81,002
| +62% | +$163K |
|
3685
Century Casinos
CNTY
$34.3M
| $387K | ﹤0.01% |
290,809
+606
| +0.2% | +$1.08K |
|
3686
Cytosorbents Corp
CTSO
$23.3M
| $386K | ﹤0.01% |
603,767
+2,316
| +0.4% | +$1.78K |
|
3687
Xtant Medical Holdings
XTNT
$43.5M
| $386K | ﹤0.01% |
491,949
| – | – |
|
|
VBNK
3688
VersaBank
VBNK
$628M
| $385K | ﹤0.01% |
25,720
| – | – |
|
|
HEPS
3689
D-Market Electronic Services & Trading
HEPS
$1.04B
| $385K | ﹤0.01% |
155,287
+25,032
| +19% | +$62.2K |
|
3690
PSQ Holdings
PSQH
$12M
| $384K | ﹤0.01% |
24,852
+334
| +1% | +$8.28K |
|
3691
Zedge
ZDGE
$38.6M
| $384K | ﹤0.01% |
117,073
-2,316
| -2% | -$6.7K |
|
|
KYNB
3692
Kyntra Bio
KYNB
$28.7M
| $384K | ﹤0.01% |
43,704
+22
| +0.1% | +$215 |
|
3693
NeuroOne Medical Technologies
NMTC
$13.2M
| $382K | ﹤0.01% |
84,085
+1,279
| +2% | +$5.83K |
|
|
ASPC
3694
A SPAC III Acquisition Corp
ASPC
$24.8M
| $377K | ﹤0.01% |
+16,099
| New | +$200K |
|
3695
Precipio
PRPO
$40.3M
| $377K | ﹤0.01% |
16,388
+789
| +5% | +$17.2K |
|
3696
XTI Aerospace
XTIA
$61.9M
| $376K | ﹤0.01% |
303,459
+136,104
| +81% | +$200K |
|
|
CIRC
3697
Circle8 Group
CIRC
$63M
| $375K | ﹤0.01% |
281,595
+2,646
| +0.9% | +$6.14K |
|
|
TRT
3698
Trio-Tech International
TRT
$115M
| $374K | ﹤0.01% |
56,522
+6,328
| +13% | +$26.7K |
|
3699
Pixelworks
PXLW
$42.3M
| $374K | ﹤0.01% |
58,775
+6,172
| +12% | +$47.3K |
|
3700
GameSquare
GAME
$42.2M
| $374K | ﹤0.01% |
970,853
+138,361
| +17% | +$80K |
|
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.