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 | |
|---|---|---|---|---|---|---|
|
EXOZ
3826
eXoZymes Inc
EXOZ
$53.5M
| $257K | ﹤0.01% |
23,562
+499
| +2% | +$6.88K |
|
|
LKFT
3827
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.83B
| $257K | ﹤0.01% |
7,851
| – | – |
|
3828
ESS Tech
GWH
$16.8M
| $257K | ﹤0.01% |
136,470
+79,657
| +140% | +$253K |
|
3829
Ideal Power
IPWR
$71.9M
| $255K | ﹤0.01% |
82,624
+670
| +0.8% | +$2.95K |
|
|
MENS
3830
Jyong Biotech
MENS
$151M
| $254K | ﹤0.01% |
64,382
+10,538
| +20% | +$372K |
|
|
TOYO
3831
TOYO Co
TOYO
$241M
| $254K | ﹤0.01% |
43,315
-10,014
| -19% | -$67.4K |
|
3832
Allot
ALLT
$377M
| $254K | ﹤0.01% |
25,818
| – | – |
|
3833
Beam Global
BEEM
$25.8M
| $253K | ﹤0.01% |
168,700
+2,779
| +2% | +$6.39K |
|
3834
Innoviz Technologies
INVZ
$114M
| $253K | ﹤0.01% |
296,582
+16,987
| +6% | +$26.9K |
|
3835
Syntec Optics
OPTX
$350M
| $251K | ﹤0.01% |
87,696
+830
| +1% | +$1.67K |
|
|
EVOX
3836
Evolution Global Acquisition Corp
EVOX
$323M
| $250K | ﹤0.01% |
+25,369
| New | +$251K |
|
3837
Usio Inc
USIO
$65.7M
| $250K | ﹤0.01% |
183,766
+3,281
| +2% | +$4.67K |
|
3838
Koss Corp
KOSS
$34.6M
| $250K | ﹤0.01% |
60,342
+1,903
| +3% | +$9.13K |
|
3839
Capital Southwest
CSWC
$1.6B
| $249K | ﹤0.01% |
11,251
| – | – |
|
3840
Village Farms International
VFF
$307M
| $248K | ﹤0.01% |
67,993
| – | – |
|
3841
VolitionRx Ltd
VNRX
$8.05M
| $246K | ﹤0.01% |
48,199
+4,290
| +10% | +$32.6K |
|
3842
Cue Biopharma
CUE
$128M
| $245K | ﹤0.01% |
26,776
+84
| +0.3% | +$1.54K |
|
3843
Precision Optics
POCI
$45.4M
| $245K | ﹤0.01% |
58,436
+1,926
| +3% | +$8.32K |
|
|
OWLS
3844
OBOOK Holdings
OWLS
$476M
| $243K | ﹤0.01% |
+36,325
| New | +$371K |
|
3845
IGC Pharma
IGC
$29.8M
| $242K | ﹤0.01% |
860,477
+8,033
| +0.9% | +$2.86K |
|
|
BEAG
3846
Bold Eagle Acquisition Corp
BEAG
$337M
| $240K | ﹤0.01% |
+22,687
| New | +$241K |
|
|
UHG
3847
DELISTED
United Homes Group
UHG
| $238K | ﹤0.01% |
152,456
-30
| -0% | -$58 |
|
3848
5E Advanced Materials
FEAM
$73.1M
| $237K | ﹤0.01% |
77,780
+41,238
| +113% | +$181K |
|
3849
Telesat
TSAT
$934M
| $236K | ﹤0.01% |
8,121
| – | – |
|
3850
Royalty Management
RMCO
$48.2M
| $236K | ﹤0.01% |
76,405
-10,606
| -12% | -$30.2K |
|
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.