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
|
+$1.53B |
| 2 |
NVIDIA
NVDA
|
+$1.07B |
| 3 |
Capital One
COF
|
+$1.02B |
| 4 |
Apple
AAPL
|
+$998M |
| 5 |
Amazon
AMZN
|
+$736M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DFS
Discover Financial Services
DFS
|
+$1.09B |
| 2 |
Palantir
PLTR
|
+$671M |
| 3 |
Coca-Cola
KO
|
+$501M |
| 4 |
Qualcomm
QCOM
|
+$435M |
| 5 |
Applovin
APP
|
+$362M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32.45% |
| 2 | Financials | 14.05% |
| 3 | Consumer Discretionary | 10.53% |
| 4 | Healthcare | 9.36% |
| 5 | Communication Services | 9.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4026
Codere Online
CDRO
$412M
| $115K | ﹤0.01% |
13,600
| – | – |
|
4027
Stran & Co
SWAG
$37.3M
| $115K | ﹤0.01% |
79,542
-118
| -0.1% | -$140 |
|
4028
Cognition Therapeutics
CGTX
$96M
| $114K | ﹤0.01% |
368,720
-241
| -0.1% | -$81 |
|
4029
Ceragon Networks
CRNT
$201M
| $114K | ﹤0.01% |
46,357
| – | – |
|
|
PHOE
4030
Phoenix Asia Holdings
PHOE
$416M
| $113K | ﹤0.01% |
+12,645
| New | +$56.2K |
|
|
ACOG
4031
Alpha Cognition
ACOG
$197M
| $112K | ﹤0.01% |
+11,992
| New | +$87.9K |
|
4032
AEye
LIDR
$60M
| $112K | ﹤0.01% |
108,323
+6,873
| +7% | +$4.92K |
|
4033
Royalty Management
RMCO
$45.8M
| $111K | ﹤0.01% |
85,682
-2,156
| -2% | -$2.44K |
|
4034
CAMP4 Therapeutics
CAMP
$280M
| $109K | ﹤0.01% |
75,199
-84,403
| -53% | -$168K |
|
4035
Cocrystal Pharma
COCP
$15.2M
| $109K | ﹤0.01% |
73,100
-19
| -0% | -$28 |
|
|
ASPSZ
4036
Altisource Portfolio Solutions SA Cash Exercise Stakeholder Warrants
ASPSZ
$8.1M
| $108K | ﹤0.01% |
+212,710
| New | +$109K |
|
4037
Astrotech Corp
ASTC
$18M
| $108K | ﹤0.01% |
18,780
-19
| -0.1% | -$112 |
|
4038
Urban One Class D
UONEK
$23.4M
| $108K | ﹤0.01% |
17,177
+226
| +1% | +$1.35K |
|
4039
Bolt Biotherapeutics
BOLT
$6.28M
| $108K | ﹤0.01% |
18,533
-223
| -1% | -$1.48K |
|
|
MAPS
4040
DELISTED
WM TECHNOLOGY INC A
MAPS
| $108K | ﹤0.01% |
120,171
+8,475
| +8% | +$9.13K |
|
|
STAI
4041
DELISTED
ScanTech AI Systems
STAI
| $107K | ﹤0.01% |
8,023
-164
| -2% | -$4.05K |
|
4042
Mannatech
MTEX
$9.78M
| $107K | ﹤0.01% |
11,447
+84
| +0.7% | +$827 |
|
4043
Netcapital
NCPL
$2.75M
| $107K | ﹤0.01% |
15,574
+3,704
| +31% | +$9.19K |
|
4044
NextCure
NXTC
$31.9M
| $106K | ﹤0.01% |
19,142
-540
| -3% | -$2.9K |
|
4045
enGene Therapeutics
ENGN
$117M
| $106K | ﹤0.01% |
29,018
| – | – |
|
|
MYSE
4046
Myseum.AI Inc
MYSE
$12.6M
| $106K | ﹤0.01% |
41,536
+2,322
| +6% | +$6.09K |
|
4047
iPower
IPW
$717K
| $105K | ﹤0.01% |
75
-2
| -3% | -$2.42K |
|
|
OIO
4048
OIO Group
OIO
$658M
| $104K | ﹤0.01% |
11,052
| – | – |
|
|
MKZR
4049
MacKenzie Realty Capital
MKZR
$3.38M
| $104K | ﹤0.01% |
15,811
+253
| +2% | +$2.6K |
|
|
NTWO
4050
Newbury Street II Acquisition Corp
NTWO
| $104K | ﹤0.01% |
10,095
| – | – |
|
Similar funds
Geode Capital Management's Q2 2025 Portfolio in Review
As of Q2 2025, Geode Capital Management held 4,594 positions worth $1.43T, up 12% from $1.27T the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Geode Capital Management's Q2 2025 filing shows 119 new, 2,787 increased, 1,425 reduced and 150 closed positions. Its largest new stake was Emera Inc: 3,219,448 shares worth $152M. The largest sale was Discover Financial Services, an estimated $1.09B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 29% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q2 2025 buy was Emera Inc: 3,219,448 shares worth $152M.
- Geode Capital Management added most to Microsoft in Q2 2025, an estimated $1.53B increase.
- Geode Capital Management's biggest Q2 2025 reduction was Palantir, cutting an estimated $671M.
- Geode Capital Management fully exited Discover Financial Services in Q2 2025, selling an estimated $1.09B.
- Geode Capital Management's ten largest holdings make up 32% of its $1.43T portfolio in Q2 2025.
- Geode Capital Management opened 119 new positions and closed 150 in Q2 2025.
- Geode Capital Management's portfolio value rose 12% quarter-over-quarter to $1.43T.
Based on Geode Capital Management's 13F filing for Q2 2025, filed 8 Aug 2025.