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 | |
|---|---|---|---|---|---|---|
3951
Harte-Hanks
HHS
$18.6M
| $175K | ﹤0.01% |
58,173
-358
| -0.6% | -$1.17K |
|
|
BGM
3952
BGM Group Ltd
BGM
$116M
| $174K | ﹤0.01% |
47,159
+1,908
| +4% | +$15.2K |
|
|
TDAC
3953
Translational Development Acquisition Corp
TDAC
$238M
| $174K | ﹤0.01% |
16,554
| – | – |
|
|
NOMA
3954
NOMADAR Corp
NOMA
$49.7M
| $173K | ﹤0.01% |
+38,713
| New | +$298K |
|
3955
TherapeuticsMD
TXMD
$24.1M
| $173K | ﹤0.01% |
106,100
-2,983
| -3% | -$4.31K |
|
|
AGPU
3956
Axe Compute Inc
AGPU
$92.4M
| $173K | ﹤0.01% |
+24,140
| New | +$195K |
|
|
HBNB
3957
Hotel101 Global Holdings
HBNB
| $172K | ﹤0.01% |
23,065
| – | – |
|
|
CISO
3958
CISO Global
CISO
$11.8M
| $172K | ﹤0.01% |
357,713
+75,367
| +27% | +$61.7K |
|
|
EFTY
3959
Etoiles Capital Group
EFTY
| $172K | ﹤0.01% |
11,423
| – | – |
|
3960
ProQR Therapeutics
PRQR
$262M
| $172K | ﹤0.01% |
84,909
+36,087
| +74% | +$84.3K |
|
3961
Estrella Immunopharma
ESLA
$31.8M
| $171K | ﹤0.01% |
109,808
+8,318
| +8% | +$15.7K |
|
|
VACH
3962
DELISTED
Voyager Acquisition Corp
VACH
| $171K | ﹤0.01% |
+16,042
| New | +$169K |
|
|
SSII
3963
SS Innovations International
SSII
$738M
| $171K | ﹤0.01% |
30,049
| – | – |
|
3964
Rallybio
RLYB
$88.1M
| $170K | ﹤0.01% |
31,001
+375
| +1% | +$1.93K |
|
|
ALLR
3965
Allarity Therapeutics
ALLR
$22.3M
| $169K | ﹤0.01% |
156,640
+4,713
| +3% | +$6.01K |
|
3966
Lesaka Technologies
LSAK
$408M
| $169K | ﹤0.01% |
35,463
| – | – |
|
3967
Network-1 Technologies
NTIP
$35.7M
| $168K | ﹤0.01% |
128,390
-255
| -0.2% | -$370 |
|
|
PLMK
3968
Plum Acquisition Corp IV
PLMK
$256M
| $168K | ﹤0.01% |
16,125
| – | – |
|
3969
Riskified
RSKD
$846M
| $168K | ﹤0.01% |
33,828
+5,178
| +18% | +$24.9K |
|
3970
Milestone Scientific
MLSS
$46.8M
| $168K | ﹤0.01% |
614,479
+3,409
| +0.6% | +$1.3K |
|
3971
Nauticus Robotics
KITT
$8.35M
| $165K | ﹤0.01% |
26,836
+21,761
| +429% | +$288K |
|
|
AMRN
3972
Amarin Corp
AMRN
$297M
| $164K | ﹤0.01% |
11,771
-2,478
| -17% | -$40.9K |
|
3973
Vale
VALE
$61.4B
| $164K | ﹤0.01% |
12,597
-29,603
| -70% | -$360K |
|
|
PONY
3974
Pony AI Inc
PONY
$3.56B
| $164K | ﹤0.01% |
11,318
| – | – |
|
|
GGRP
3975
Glimpse Group
GGRP
$19.5M
| $164K | ﹤0.01% |
176,973
| – | – |
|
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.