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 | |
|---|---|---|---|---|---|---|
|
CMBM
3926
DELISTED
Cambium Networks
CMBM
| $187K | ﹤0.01% |
129,734
+2,192
| +2% | +$3.72K |
|
3927
Cenntro
CENN
$8.53M
| $187K | ﹤0.01% |
22,857
+16,342
| +251% | +$209K |
|
3928
LanzaTech
LNZA
$67.1M
| $186K | ﹤0.01% |
13,531
+595
| +5% | +$11.1K |
|
|
VIP
3929
Vulcan Infrastructure and Power Inc. Class A Common Stock
VIP
$32.5M
| $186K | ﹤0.01% |
125,665
| – | – |
|
3930
Interlink Electronics
LINK
$89.6M
| $186K | ﹤0.01% |
47,818
+4,534
| +10% | +$23.5K |
|
|
NOTV
3931
DELISTED
Inotiv
NOTV
| $185K | ﹤0.01% |
328,772
+1,320
| +0.4% | +$1.38K |
|
|
KC
3932
Kingsoft Cloud Holdings
KC
$3.52B
| $184K | ﹤0.01% |
17,843
| – | – |
|
3933
Tevogen Inc. Common Stock
TVGN
$27.3M
| $183K | ﹤0.01% |
11,064
+71
| +0.6% | +$1.85K |
|
3934
Cryo-Cell International
CCEL
$31.3M
| $183K | ﹤0.01% |
53,169
-247
| -0.5% | -$1.03K |
|
|
SOPA
3935
DELISTED
Society Pass
SOPA
| $183K | ﹤0.01% |
48,129
+14,547
| +43% | +$30K |
|
|
GTEN
3936
Gores Holdings X
GTEN
$482M
| $182K | ﹤0.01% |
17,677
| – | – |
|
|
JFB
3937
JFB Construction Holdings
JFB
$93.7M
| $182K | ﹤0.01% |
24,868
+4,336
| +21% | +$34.3K |
|
|
API
3938
Agora
API
$379M
| $181K | ﹤0.01% |
44,594
| – | – |
|
3939
Crescent Capital BDC
CCAP
$408M
| $181K | ﹤0.01% |
12,883
| – | – |
|
|
SDST
3940
Stardust Power Inc
SDST
$7.13M
| $181K | ﹤0.01% |
59,143
+16,989
| +40% | +$66.8K |
|
|
SLN
3941
Silence Therapeutics
SLN
$641M
| $180K | ﹤0.01% |
29,538
| – | – |
|
3942
Radcom
RDCM
$173M
| $180K | ﹤0.01% |
13,724
| – | – |
|
|
NBP
3943
NovaBridge Biosciences American Depositary Shares
NBP
$216M
| $179K | ﹤0.01% |
45,084
-9,478
| -17% | -$41.9K |
|
|
RKTO
3944
Rocket One Inc
RKTO
$19.8M
| $179K | ﹤0.01% |
181,112
+27,577
| +18% | +$35.1K |
|
|
BCYC
3945
Bicycle Therapeutics
BCYC
$284M
| $178K | ﹤0.01% |
25,129
-14,796
| -37% | -$109K |
|
3946
Celularity
CELU
$20M
| $178K | ﹤0.01% |
160,190
+20,876
| +15% | +$37.4K |
|
3947
Elutia
ELUT
$36.2M
| $177K | ﹤0.01% |
255,212
| – | – |
|
3948
Bridgford Foods
BRID
$57.4M
| $177K | ﹤0.01% |
22,650
-1
| -0% | -$8 |
|
3949
PodcastOne
PODC
$93M
| $177K | ﹤0.01% |
71,502
-4,781
| -6% | -$10.1K |
|
|
GIFT
3950
Giftify Inc
GIFT
$31.9M
| $176K | ﹤0.01% |
160,262
+1,657
| +1% | +$1.8K |
|
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.