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 | |
|---|---|---|---|---|---|---|
|
OMCC
3776
DELISTED
Old Market Capital Corp
OMCC
| $296K | ﹤0.01% |
58,970
-5,887
| -9% | -$30.8K |
|
|
GBIO
3777
DELISTED
Generation Bio
GBIO
| $294K | ﹤0.01% |
51,795
+1,990
| +4% | +$11.2K |
|
3778
Lantern Pharma
LTRN
$33.9M
| $293K | ﹤0.01% |
96,742
+4,661
| +5% | +$17.4K |
|
|
RYM
3779
RYTHM Inc
RYM
$44.9M
| $293K | ﹤0.01% |
13,729
-3
| -0% | -$93 |
|
|
RVPH
3780
DELISTED
REVIVA PHARMA HLDGS INC
RVPH
| $293K | ﹤0.01% |
52,448
+24,486
| +88% | +$272K |
|
|
ACCS
3781
ACCESS Newswire
ACCS
$20.2M
| $292K | ﹤0.01% |
31,421
+1,310
| +4% | +$12K |
|
|
PURR
3782
Hyperliquid Strategies Inc
PURR
$1.35B
| $292K | ﹤0.01% |
+82,014
| New | +$284K |
|
3783
HUTCHMED
HCM
$2.13B
| $291K | ﹤0.01% |
21,833
| – | – |
|
3784
ClearSign Technologies
CLIR
$28.1M
| $291K | ﹤0.01% |
52,311
-12
| -0% | -$96 |
|
|
CCII
3785
Cohen Circle Acquisition Corp II
CCII
$358M
| $291K | ﹤0.01% |
28,408
| – | – |
|
3786
Natural Health Trends
NHTC
$15.4M
| $290K | ﹤0.01% |
93,819
+1,021
| +1% | +$3.7K |
|
3787
Biodesix
BDSX
$256M
| $289K | ﹤0.01% |
42,453
+2,235
| +6% | +$16.5K |
|
3788
Katapult Holdings
KPLT
$39.2M
| $289K | ﹤0.01% |
44,670
+266
| +0.6% | +$2.38K |
|
3789
Optical Cable Corp
OCC
$149M
| $287K | ﹤0.01% |
64,556
-3,052
| -5% | -$23.7K |
|
3790
AN2 Therapeutics
ANTX
$226M
| $287K | ﹤0.01% |
251,875
+2,524
| +1% | +$2.95K |
|
3791
SEALSQ Corp
LAES
$593M
| $285K | ﹤0.01% |
75,513
+13,064
| +21% | +$66.6K |
|
3792
Brilliant Earth
BRLT
$22.1M
| $285K | ﹤0.01% |
162,808
+5,956
| +4% | +$12.7K |
|
3793
SCYNEXIS
SCYX
$47.9M
| $284K | ﹤0.01% |
56,153
+3,722
| +7% | +$20.3K |
|
3794
BioAtla
BCAB
$5.61M
| $284K | ﹤0.01% |
10,007
+103
| +1% | +$4.04K |
|
3795
Dyadic International
DYAI
$32.1M
| $284K | ﹤0.01% |
301,673
+36,266
| +14% | +$36.7K |
|
3796
Minerva Neurosciences
NERV
$187M
| $281K | ﹤0.01% |
69,919
-5,706
| -8% | -$21.2K |
|
3797
Loop Industries
LOOP
$32.2M
| $280K | ﹤0.01% |
280,128
-62
| -0% | -$82 |
|
3798
Barfresh Food Group
BRFH
$29.4M
| $280K | ﹤0.01% |
95,564
+171
| +0.2% | +$544 |
|
|
LX
3799
LexinFintech Holdings
LX
$237M
| $279K | ﹤0.01% |
85,334
| – | – |
|
|
MRLN
3800
Merlin Inc
MRLN
$402M
| $279K | ﹤0.01% |
+25,981
| New | +$283K |
|
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.