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 | |
|---|---|---|---|---|---|---|
|
API
3976
Agora
API
$379M
| $170K | ﹤0.01% |
44,594
| – | – |
|
3977
AudioCodes
AUDC
$257M
| $170K | ﹤0.01% |
17,874
| – | – |
|
3978
Tiziana Life Sciences
TLSA
$126M
| $169K | ﹤0.01% |
78,204
| – | – |
|
3979
Alliance Entertainment
AENT
$290M
| $168K | ﹤0.01% |
24,738
+11,427
| +86% | +$65.3K |
|
|
GIFT
3980
Giftify Inc
GIFT
$31.9M
| $168K | ﹤0.01% |
158,605
+4,147
| +3% | +$4.49K |
|
|
BGL
3981
Blue Gold Ltd
BGL
$8.31M
| $167K | ﹤0.01% |
+17,992
| New | +$340K |
|
|
PLMK
3982
Plum Acquisition Corp IV
PLMK
$256M
| $167K | ﹤0.01% |
16,125
| – | – |
|
3983
Lexaria Bioscience
LEXX
$10.1M
| $167K | ﹤0.01% |
11,652
| – | – |
|
3984
Cingulate
CING
$70.2M
| $166K | ﹤0.01% |
42,406
+10,250
| +32% | +$44.4K |
|
|
AXIL
3985
AXIL Brands
AXIL
$37.5M
| $166K | ﹤0.01% |
26,325
+1,224
| +5% | +$8.37K |
|
3986
Lisata Therapeutics
LSTA
$10.6M
| $166K | ﹤0.01% |
63,260
+2,178
| +4% | +$5.46K |
|
3987
Vivos Therapeutics
VVOS
$3.97M
| $165K | ﹤0.01% |
53,289
-4,613
| -8% | -$20.9K |
|
3988
Bridgeline Digital
BLIN
$13.7M
| $165K | ﹤0.01% |
126,042
+305
| +0.2% | +$430 |
|
3989
BranchOut Food
BOF
$67.2M
| $165K | ﹤0.01% |
78,912
+23,906
| +43% | +$56.3K |
|
3990
NexGel
NXGL
$3.79M
| $162K | ﹤0.01% |
66,369
| – | – |
|
|
THH
3991
TryHard Holdings
THH
$13.2M
| $161K | ﹤0.01% |
+2,247
| New | +$144K |
|
3992
ASE Group
ASX
$102B
| $160K | ﹤0.01% |
14,460
+884
| +7% | +$9.25K |
|
3993
Minerva Neurosciences
NERV
$187M
| $160K | ﹤0.01% |
75,625
| – | – |
|
|
OACC
3994
Oaktree Acquisition Corp III Life Sciences
OACC
$265M
| $160K | ﹤0.01% |
+15,243
| New | +$159K |
|
|
SOND
3995
DELISTED
Sonder
SOND
| $159K | ﹤0.01% |
125,207
+15,140
| +14% | +$31.9K |
|
3996
Serina Therapeutics
SER
$42.3M
| $159K | ﹤0.01% |
29,608
+724
| +3% | +$3.85K |
|
|
FATBB
3997
DELISTED
FAT Brands
FATBB
| $158K | ﹤0.01% |
59,631
-134
| -0.2% | -$350 |
|
3998
FibroBiologics
FBLG
$7.39M
| $158K | ﹤0.01% |
14,447
| – | – |
|
|
XRPN
3999
Armada Acquisition Corp II
XRPN
$331M
| $158K | ﹤0.01% |
+15,116
| New | +$154K |
|
4000
Curis
CRIS
$3.49M
| $157K | ﹤0.01% |
4,734
+469
| +11% | +$16.2K |
|
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.