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 | |
|---|---|---|---|---|---|---|
|
GOOS
3701
Canada Goose Holdings
GOOS
$844M
| $405K | ﹤0.01% |
29,455
+3,483
| +13% | +$45.2K |
|
3702
ClearSign Technologies
CLIR
$28.1M
| $404K | ﹤0.01% |
52,323
-3,045
| -5% | -$17.9K |
|
3703
CarParts.com
PRTS
$48.7M
| $403K | ﹤0.01% |
56,592
-44
| -0.1% | -$358 |
|
3704
authID Inc
AUID
$8.45M
| $401K | ﹤0.01% |
125,756
+19,780
| +19% | +$76.2K |
|
3705
First Seacoast Bancorp
FSEA
$80.4M
| $401K | ﹤0.01% |
34,868
-3,395
| -9% | -$38.9K |
|
3706
Lantern Pharma
LTRN
$33.9M
| $401K | ﹤0.01% |
92,081
+190
| +0.2% | +$793 |
|
3707
Spruce Power Holding Corp
SPRU
$38.9M
| $397K | ﹤0.01% |
161,993
| – | – |
|
3708
Immix Biopharma
IMMX
$809M
| $392K | ﹤0.01% |
187,476
+26,361
| +16% | +$63.3K |
|
3709
Pathfinder Bancorp
PBHC
$102M
| $389K | ﹤0.01% |
25,199
+363
| +1% | +$5.44K |
|
|
ARAI
3710
Arrive AI Inc
ARAI
$13.5M
| $389K | ﹤0.01% |
106,767
+38,855
| +57% | +$258K |
|
|
IMA
3711
ImageneBio Inc
IMA
$68M
| $389K | ﹤0.01% |
47,688
+22,024
| +86% | +$292K |
|
3712
Rockwell Medical
RMTI
$29.6M
| $388K | ﹤0.01% |
32,315
+248
| +0.8% | +$3.03K |
|
3713
Aware
AWRE
$26M
| $384K | ﹤0.01% |
159,480
-16,161
| -9% | -$38.2K |
|
|
FORA
3714
DELISTED
Forian
FORA
| $382K | ﹤0.01% |
169,721
+3,570
| +2% | +$7.28K |
|
3715
Annovis Bio
ANVS
$76.6M
| $381K | ﹤0.01% |
184,154
+867
| +0.5% | +$2.17K |
|
3716
Cyngn
CYN
$17.4M
| $380K | ﹤0.01% |
63,017
+47,315
| +301% | +$341K |
|
|
FARM
3717
DELISTED
Farmer Brothers
FARM
| $379K | ﹤0.01% |
221,754
-12,406
| -5% | -$21.5K |
|
3718
Great Elm Group
GEG
$69M
| $378K | ﹤0.01% |
154,406
-73,544
| -32% | -$175K |
|
3719
Where Food Comes From
WFCF
$60.3M
| $375K | ﹤0.01% |
27,882
+479
| +2% | +$5.66K |
|
|
HIT
3720
Health In Tech Inc
HIT
$66.8M
| $373K | ﹤0.01% |
+116,285
| New | +$279K |
|
|
KLRS
3721
Kalaris Therapeutics
KLRS
$93.8M
| $373K | ﹤0.01% |
64,551
+39,075
| +153% | +$129K |
|
3722
Lake Shore Bancorp
LSBK
$135M
| $368K | ﹤0.01% |
28,303
+8,625
| +44% | +$116K |
|
|
OSTX
3723
OS Therapies Inc
OSTX
$73.5M
| $368K | ﹤0.01% |
+187,688
| New | +$372K |
|
3724
Interlink Electronics
LINK
$89.6M
| $367K | ﹤0.01% |
43,284
-21,323
| -33% | -$119K |
|
3725
Modular Medical
MODD
$11.2M
| $364K | ﹤0.01% |
17,347
+3,617
| +26% | +$77.9K |
|
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.