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 | |
|---|---|---|---|---|---|---|
4051
Tandy Leather Factory
TLF
$20.4M
| $104K | ﹤0.01% |
33,458
+800
| +2% | +$2.36K |
|
4052
Cellectar Biosciences
CLRB
$21M
| $103K | ﹤0.01% |
14,439
-342
| -2% | -$2.99K |
|
|
UCFI
4053
CN Healthy Food Tech Group
UCFI
| $103K | ﹤0.01% |
10,080
| – | – |
|
4054
XBP Global Holdings
XBP
$35.3M
| $102K | ﹤0.01% |
11,017
-11
| -0.1% | -$119 |
|
|
PRPH
4055
DELISTED
ProPhase Labs
PRPH
| $101K | ﹤0.01% |
25,906
+3,137
| +14% | +$10.5K |
|
|
JCTC
4056
Jewett-Cameron Trading
JCTC
$10.1M
| $101K | ﹤0.01% |
26,805
+643
| +2% | +$2.47K |
|
|
FOXX
4057
Foxx Development Holdings
FOXX
$18.2M
| $101K | ﹤0.01% |
18,750
+872
| +5% | +$4.65K |
|
4058
LiqTech
LIQT
$20.4M
| $100K | ﹤0.01% |
61,996
+254
| +0.4% | +$394 |
|
|
XNET
4059
Xunlei
XNET
$316M
| $100K | ﹤0.01% |
24,768
| – | – |
|
4060
Metalpha Technology Holding
MATH
$42.3M
| $100K | ﹤0.01% |
+31,314
| New | +$78.5K |
|
4061
ProQR Therapeutics
PRQR
$268M
| $99.6K | ﹤0.01% |
48,822
| – | – |
|
|
MTLS
4062
Materialise
MTLS
$393M
| $99K | ﹤0.01% |
17,527
| – | – |
|
|
LYRA
4063
DELISTED
LYRA THERAPEUTICS INC
LYRA
| $98.5K | ﹤0.01% |
10,986
-9,334
| -46% | -$77.5K |
|
4064
Aterian
ATER
$5.2M
| $98.1K | ﹤0.01% |
59,110
-386
| -0.6% | -$657 |
|
|
CARM
4065
DELISTED
Carisma Therapeutics
CARM
| $98.1K | ﹤0.01% |
250,495
+6,154
| +3% | +$1.65K |
|
4066
Rani Therapeutics
RANI
$90.1M
| $97.9K | ﹤0.01% |
190,557
-5,660
| -3% | -$4.62K |
|
|
ZSTK
4067
ZeroStack Corp
ZSTK
$20.9M
| $97.8K | ﹤0.01% |
4,322
+77
| +2% | +$1.86K |
|
|
SORA
4068
AsiaStrategy
SORA
$73.3M
| $96.4K | ﹤0.01% |
+15,111
| New | +$82.7K |
|
|
ALUR
4069
DELISTED
Allurion Technologies
ALUR
| $96K | ﹤0.01% |
39,520
-1,374
| -3% | -$3.56K |
|
4070
Cyclerion Therapeutics
CYCN
$17.4M
| $95.3K | ﹤0.01% |
32,735
+1,132
| +4% | +$3.38K |
|
|
FAT
4071
DELISTED
FAT Brands
FAT
| $94.4K | ﹤0.01% |
39,633
-3,851
| -9% | -$9.73K |
|
4072
Worksport
WKSP
$10.1M
| $94.1K | ﹤0.01% |
33,259
+3,338
| +11% | +$10K |
|
4073
X4 Pharmaceuticals
XFOR
$434M
| $93.4K | ﹤0.01% |
49,146
-71,510
| -59% | -$293K |
|
|
BDMD
4074
Baird Medical Investment Holdings
BDMD
$39.3M
| $93.2K | ﹤0.01% |
25,442
+9,511
| +60% | +$49.9K |
|
|
CYPH
4075
Cypherpunk Technologies Inc
CYPH
$73.6M
| $92.7K | ﹤0.01% |
312,190
+8,079
| +3% | +$2.94K |
|
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.