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 | |
|---|---|---|---|---|---|---|
|
IMA
3701
ImageneBio Inc
IMA
$68M
| $374K | ﹤0.01% |
54,146
+6,458
| +14% | +$47.9K |
|
3702
Brookfield Renewable
BEP
$10.3B
| $372K | ﹤0.01% |
+10,032
| New | +$285K |
|
|
TUYA
3703
Tuya Inc
TUYA
$1.1B
| $371K | ﹤0.01% |
175,630
+7,595
| +5% | +$17.3K |
|
3704
Passage Bio
PASG
$14.8M
| $371K | ﹤0.01% |
31,397
+4,114
| +15% | +$35.5K |
|
3705
Wipro
WIT
$19.3B
| $367K | ﹤0.01% |
129,103
+7,367
| +6% | +$20.1K |
|
3706
Pathfinder Bancorp
PBHC
$102M
| $366K | ﹤0.01% |
25,944
+745
| +3% | +$11K |
|
3707
POET Technologies
POET
$1.53B
| $366K | ﹤0.01% |
57,806
+15,144
| +35% | +$96K |
|
|
ORGN
3708
DELISTED
Origin Materials
ORGN
| $364K | ﹤0.01% |
57,374
+217
| +0.4% | +$3.17K |
|
3709
Nephros
NEPH
$47.4M
| $364K | ﹤0.01% |
74,628
-1,263
| -2% | -$6.45K |
|
|
FORA
3710
DELISTED
Forian
FORA
| $363K | ﹤0.01% |
171,285
+1,564
| +0.9% | +$3.42K |
|
3711
Mastech Digital
MHH
$92.7M
| $363K | ﹤0.01% |
52,022
-2,463
| -5% | -$17.7K |
|
3712
Sypris Solutions
SYPR
$46.8M
| $361K | ﹤0.01% |
147,931
-9,006
| -6% | -$19.5K |
|
3713
ECARX Holdings
ECX
$413M
| $359K | ﹤0.01% |
208,497
| – | – |
|
|
OPRA
3714
Opera Ltd
OPRA
$1.78B
| $358K | ﹤0.01% |
25,291
+5,272
| +26% | +$77.8K |
|
3715
Duluth Holdings
DLTH
$151M
| $357K | ﹤0.01% |
171,793
| – | – |
|
3716
Cineverse
CNVS
$68.9M
| $356K | ﹤0.01% |
168,711
+6,952
| +4% | +$18.8K |
|
3717
Laser Photonics
LASE
$63.7M
| $356K | ﹤0.01% |
143,985
+70,065
| +95% | +$235K |
|
3718
Grupo Cibest SA
CIB
$22.6B
| $355K | ﹤0.01% |
5,585
| – | – |
|
|
SOHO
3719
DELISTED
Sotherly Hotels
SOHO
| $355K | ﹤0.01% |
165,055
-1,888
| -1% | -$3.39K |
|
3720
Q32 Bio
QTTB
$458M
| $352K | ﹤0.01% |
106,113
+17,617
| +20% | +$49.8K |
|
|
STRR
3721
Star Equity Holdings
STRR
$40.1M
| $352K | ﹤0.01% |
31,238
+243
| +0.8% | +$2.6K |
|
3722
NetSol Technologies
NTWK
$49.3M
| $349K | ﹤0.01% |
115,169
+3,890
| +3% | +$14.2K |
|
|
FLNT
3723
Fluent
FLNT
$129M
| $347K | ﹤0.01% |
144,713
+44,684
| +45% | +$94K |
|
|
SOHU
3724
Sohu.com
SOHU
$369M
| $346K | ﹤0.01% |
22,115
| – | – |
|
|
OSTX
3725
OS Therapies Inc
OSTX
$73.5M
| $344K | ﹤0.01% |
246,038
+58,350
| +31% | +$105K |
|
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.