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 | |
|---|---|---|---|---|---|---|
4051
Lisata Therapeutics
LSTA
$10.4M
| $120K | ﹤0.01% |
64,428
+1,168
| +2% | +$2.6K |
|
|
HUHU
4052
HUHUTECH International Group
HUHU
$131M
| $118K | ﹤0.01% |
12,124
| – | – |
|
|
QCLS
4053
Q/C Technologies Inc
QCLS
$22.9M
| $117K | ﹤0.01% |
+29,252
| New | +$124K |
|
4054
Tiziana Life Sciences
TLSA
$124M
| $117K | ﹤0.01% |
78,204
| – | – |
|
4055
MultiSensor AI
MSAI
$11.2M
| $116K | ﹤0.01% |
10,087
+3,110
| +45% | +$90.7K |
|
4056
Willamette Valley Vineyards
WVVI
$11.5M
| $116K | ﹤0.01% |
38,001
+823
| +2% | +$2.57K |
|
|
FUSE
4057
Fusemachines Inc
FUSE
$23.5M
| $116K | ﹤0.01% |
+70,240
| New | +$145K |
|
|
LNAI
4058
Lunai Bioworks
LNAI
$10.7M
| $116K | ﹤0.01% |
16,377
+559
| +4% | +$4.99K |
|
4059
Good Times Restaurants
GTIM
$15.9M
| $115K | ﹤0.01% |
95,014
+5,246
| +6% | +$7.34K |
|
4060
Smith Micro Software
SMSI
$16.9M
| $115K | ﹤0.01% |
42,563
+6,082
| +17% | +$20K |
|
|
AGCC
4061
Agencia Comercial Spirits
AGCC
$342M
| $114K | ﹤0.01% |
+11,730
| New | +$88.1K |
|
4062
Vivos Therapeutics
VVOS
$3.96M
| $114K | ﹤0.01% |
56,287
+2,998
| +6% | +$7.42K |
|
4063
Dolphin Entertainment
DLPN
$14.7M
| $114K | ﹤0.01% |
73,127
+503
| +0.7% | +$791 |
|
4064
Mobix Labs
MOBX
$21.7M
| $114K | ﹤0.01% |
42,620
+6,272
| +17% | +$39.2K |
|
|
NINE
4065
DELISTED
Nine Energy Service
NINE
| $114K | ﹤0.01% |
329,295
+7,798
| +2% | +$3.85K |
|
|
USBC
4066
USBC Inc
USBC
$136M
| $113K | ﹤0.01% |
177,986
+157,305
| +761% | +$132K |
|
|
BOLD
4067
Boundless Bio
BOLD
$63M
| $113K | ﹤0.01% |
94,098
-8,170
| -8% | -$10.2K |
|
4068
Arbe Robotics
ARBE
$91.1M
| $111K | ﹤0.01% |
94,209
| – | – |
|
|
LPA
4069
Logistic Properties of the Americas
LPA
$104M
| $111K | ﹤0.01% |
40,556
-114
| -0.3% | -$384 |
|
4070
Ascent Solar Technologies
ASTI
$33.5M
| $111K | ﹤0.01% |
26,938
+12,588
| +88% | +$30K |
|
|
PROF
4071
Profound Medical
PROF
$251M
| $111K | ﹤0.01% |
14,049
| – | – |
|
4072
CKX Lands
CKX
$22.4M
| $110K | ﹤0.01% |
12,029
+329
| +3% | +$3.33K |
|
|
MAPS
4073
DELISTED
WM TECHNOLOGY INC A
MAPS
| $109K | ﹤0.01% |
132,323
+9,259
| +8% | +$9.11K |
|
4074
Seanergy Maritime Holdings
SHIP
$345M
| $109K | ﹤0.01% |
11,836
| – | – |
|
|
IQST
4075
IQSTEL Inc
IQST
$7.68M
| $108K | ﹤0.01% |
37,176
+27
| +0.1% | +$129 |
|
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.