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 | |
|---|---|---|---|---|---|---|
|
WSBK
3876
Winchester Bancorp
WSBK
$117M
| $229K | ﹤0.01% |
23,896
+2,904
| +14% | +$27.4K |
|
|
VIP
3877
Vulcan Infrastructure and Power Inc. Class A Common Stock
VIP
$32.5M
| $229K | ﹤0.01% |
125,665
+28,341
| +29% | +$44K |
|
3878
Cenntro
CENN
$8.53M
| $228K | ﹤0.01% |
6,515
+1,074
| +20% | +$36.9K |
|
3879
NanoViricides
NNVC
$34.9M
| $228K | ﹤0.01% |
159,427
+1,433
| +0.9% | +$2.15K |
|
3880
Brookfield Infrastructure Partners
BIP
$18.2B
| $228K | ﹤0.01% |
4,970
-13,654
| -73% | -$430K |
|
3881
Elutia
ELUT
$36.2M
| $227K | ﹤0.01% |
255,212
+7,295
| +3% | +$13.5K |
|
3882
Algoma Steel
ASTL
$470M
| $227K | ﹤0.01% |
63,813
-50,176
| -44% | -$266K |
|
3883
GEE Group
JOB
$22.2M
| $225K | ﹤0.01% |
1,087,820
| – | – |
|
3884
Home Federal Bancorp
HFBL
| $224K | ﹤0.01% |
16,370
+68
| +0.4% | +$917 |
|
3885
Trinity Capital Inc.
TRIN
$1.73B
| $224K | ﹤0.01% |
14,443
| – | – |
|
3886
Asia Pacific Wire & Cable
APWC
$65.6M
| $223K | ﹤0.01% |
108,040
| – | – |
|
3887
CVD Equipment Corp
CVV
$49.6M
| $222K | ﹤0.01% |
66,201
+324
| +0.5% | +$1.05K |
|
|
FLNT
3888
Fluent
FLNT
$129M
| $222K | ﹤0.01% |
100,029
-5,295
| -5% | -$11.5K |
|
3889
Century Therapeutics
IPSC
$353M
| $222K | ﹤0.01% |
445,309
+65,032
| +17% | +$35.1K |
|
3890
Cosmos Holdings
COSM
$12.9M
| $221K | ﹤0.01% |
198,684
+7,124
| +4% | +$5.43K |
|
3891
iShares MSCI Saudi Arabia ETF
KSA
$624M
| – | – |
0
| – | – |
|
3892
Passage Bio
PASG
$14.8M
| $219K | ﹤0.01% |
27,283
+354
| +1% | +$2.46K |
|
|
YALA
3893
Yalla Group
YALA
$821M
| $219K | ﹤0.01% |
29,095
+4,478
| +18% | +$34.5K |
|
3894
Harte-Hanks
HHS
$18.6M
| $217K | ﹤0.01% |
58,531
-6,874
| -11% | -$24.8K |
|
|
ATGL
3895
Alpha Technology Group
ATGL
$130M
| $217K | ﹤0.01% |
+9,023
| New | +$231K |
|
|
SY
3896
So-Young International
SY
$226M
| $216K | ﹤0.01% |
55,857
| – | – |
|
3897
Gray Media Inc
GTN.A
$612M
| $216K | ﹤0.01% |
22,227
| – | – |
|
|
MACI
3898
Melar Acquisition Corp I
MACI
$236M
| $216K | ﹤0.01% |
20,514
| – | – |
|
3899
Senti Biosciences Holdings
SNTI
$11.7M
| $216K | ﹤0.01% |
152,838
+5,524
| +4% | +$9.23K |
|
3900
Telesat
TSAT
$934M
| $215K | ﹤0.01% |
+8,121
| New | +$193K |
|
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.