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 | |
|---|---|---|---|---|---|---|
|
OIO
4026
OIO Group
OIO
$640M
| $133K | ﹤0.01% |
11,052
| – | – |
|
|
VEEA
4027
Veea Inc
VEEA
$7.11M
| $132K | ﹤0.01% |
207,188
+31,896
| +18% | +$20.4K |
|
4028
StealthGas
GASS
$333M
| $132K | ﹤0.01% |
18,772
-12,303
| -40% | -$82.6K |
|
|
KVAC
4029
DELISTED
Keen Vision Acquisition Corp
KVAC
| $131K | ﹤0.01% |
11,179
| – | – |
|
|
WLAC
4030
DELISTED
Willow Lane Acquisition Corp
WLAC
| $131K | ﹤0.01% |
+10,386
| New | +$128K |
|
4031
Atlantic American Corp
AAME
$30.2M
| $131K | ﹤0.01% |
46,273
+4,368
| +10% | +$12K |
|
|
YARW
4032
Yarrow Bioscience, Inc. Common Stock
YARW
$115M
| $131K | ﹤0.01% |
4,503
+1,761
| +64% | +$35.3K |
|
4033
Ark Restaurants
ARKR
$20.2M
| $129K | ﹤0.01% |
19,258
-2,778
| -13% | -$19.4K |
|
4034
Aqua Metals
AQMS
$9.56M
| $129K | ﹤0.01% |
+26,877
| New | +$210K |
|
4035
Vince Holding Corp
VNCE
$79.3M
| $129K | ﹤0.01% |
31,573
-6,248
| -17% | -$19.2K |
|
4036
Xos
XOS
$35.8M
| $129K | ﹤0.01% |
71,145
+16,357
| +30% | +$40.1K |
|
4037
NextTrip
NTRP
$22.5M
| $129K | ﹤0.01% |
39,852
+7,086
| +22% | +$26.9K |
|
|
BNKK
4038
Bonk Inc
BNKK
$8.48M
| $128K | ﹤0.01% |
49,744
+11,331
| +29% | +$78.1K |
|
4039
Codere Online
CDRO
$410M
| $128K | ﹤0.01% |
15,902
| – | – |
|
|
LZMH
4040
LZ Technology Holdings
LZMH
$10.8M
| $128K | ﹤0.01% |
3,846
| – | – |
|
4041
T Stamp
IDAI
$15M
| $127K | ﹤0.01% |
32,517
+13,125
| +68% | +$51.4K |
|
|
RAIN
4042
Rain Enhancement Technologies
RAIN
$11.3M
| $127K | ﹤0.01% |
21,682
+4,896
| +29% | +$27.6K |
|
4043
Tempest Therapeutics
TPST
$19.5M
| $127K | ﹤0.01% |
44,112
+3,088
| +8% | +$21.8K |
|
|
MCGA
4044
Yorkville Acquisition Corp
MCGA
$243M
| $126K | ﹤0.01% |
12,458
| – | – |
|
|
CEPO
4045
Cantor Equity Partners I
CEPO
$272M
| $125K | ﹤0.01% |
11,995
| – | – |
|
|
CEPT
4046
DELISTED
Cantor Equity Partners II
CEPT
| $125K | ﹤0.01% |
11,067
| – | – |
|
|
ANTA
4047
Antalpha Platform Holding Co
ANTA
$96.1M
| $124K | ﹤0.01% |
14,301
| – | – |
|
4048
authID Inc
AUID
$9.2M
| $121K | ﹤0.01% |
138,843
+13,087
| +10% | +$24.8K |
|
|
OTLY
4049
Oatly Group
OTLY
$423M
| $121K | ﹤0.01% |
11,286
| – | – |
|
4050
NextPlat
NXPL
$18.4M
| $120K | ﹤0.01% |
22,446
| – | – |
|
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.