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 | |
|---|---|---|---|---|---|---|
|
DEFT
3876
Defi Technologies
DEFT
$198M
| $217K | ﹤0.01% |
286,781
-92,022
| -24% | -$141K |
|
3877
Cohen & Co
COHN
$38.7M
| $216K | ﹤0.01% |
+9,160
| New | +$128K |
|
|
INTZ
3878
Intrusion
INTZ
$15M
| $216K | ﹤0.01% |
187,408
+15,344
| +9% | +$24.2K |
|
3879
Flux Power
FLUX
$12.5M
| $215K | ﹤0.01% |
169,611
+30,546
| +22% | +$90.1K |
|
3880
Air T
AIRT
$72.7M
| $215K | ﹤0.01% |
11,404
-810
| -7% | -$17.2K |
|
|
HYPD
3881
Hyperion DeFi Inc
HYPD
$40.8M
| $214K | ﹤0.01% |
60,194
+6,774
| +13% | +$38.7K |
|
3882
Werewolf Therapeutics
HOWL
$18.6M
| $213K | ﹤0.01% |
335,886
+5,099
| +2% | +$6.2K |
|
3883
Chunghwa Telecom
CHT
$32.8B
| $213K | ﹤0.01% |
5,099
+365
| +8% | +$15.4K |
|
|
ALOY
3884
REalloys Inc
ALOY
$856M
| $213K | ﹤0.01% |
26,267
+1,422
| +6% | +$11.8K |
|
3885
GEE Group
JOB
$22.2M
| $212K | ﹤0.01% |
1,087,820
| – | – |
|
3886
Trinity Capital Inc.
TRIN
$1.73B
| $212K | ﹤0.01% |
14,443
| – | – |
|
3887
Xilio Therapeutics
XLO
$59.5M
| $211K | ﹤0.01% |
23,498
| – | – |
|
3888
374Water
SCWO
$40.6M
| $210K | ﹤0.01% |
102,844
+15,198
| +17% | +$51.4K |
|
3889
Coffee Holding Co
JVA
$20.2M
| $209K | ﹤0.01% |
53,795
+214
| +0.4% | +$847 |
|
3890
Fathom Holdings
FTHM
$23.1M
| $208K | ﹤0.01% |
206,242
+32,569
| +19% | +$43.9K |
|
3891
Oxbridge Re Holdings
OXBR
$9.64M
| $208K | ﹤0.01% |
155,436
+1,765
| +1% | +$2.61K |
|
3892
Kamada
KMDA
$397M
| $208K | ﹤0.01% |
29,409
| – | – |
|
|
POLE
3893
Andretti Acquisition Corp II
POLE
$319M
| $207K | ﹤0.01% |
+19,676
| New | +$208K |
|
|
BRR
3894
ProCap Financial Inc
BRR
$161M
| $207K | ﹤0.01% |
58,580
+40,981
| +233% | +$327K |
|
3895
Flanigan's Enterprises
BDL
$80.7M
| $207K | ﹤0.01% |
6,980
-389
| -5% | -$12K |
|
3896
CVD Equipment Corp
CVV
$49.6M
| $207K | ﹤0.01% |
66,836
+635
| +1% | +$2.21K |
|
|
ELVA
3897
Electrovaya
ELVA
$379M
| $205K | ﹤0.01% |
25,962
+11,253
| +77% | +$68K |
|
|
NMAD
3898
Nomad Power Solutions
NMAD
$71.9M
| $205K | ﹤0.01% |
52,163
+10,722
| +26% | +$46.4K |
|
3899
Woori Financial
WF
$17.1B
| $204K | ﹤0.01% |
+3,470
| New | +$193K |
|
3900
Asia Pacific Wire & Cable
APWC
$65.6M
| $203K | ﹤0.01% |
108,040
| – | – |
|
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.