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 | |
|---|---|---|---|---|---|---|
4126
Workhorse Group
WKHS
$33.9M
| $86.3K | ﹤0.01% |
16,953
+6,656
| +65% | +$65.9K |
|
|
ASPSW
4127
Altisource Portfolio Solutions SA Net Settle Stakeholder Warrants
ASPSW
$13M
| $86.2K | ﹤0.01% |
212,710
| – | – |
|
4128
China SXT Pharmaceuticals
SXTC
$1.78M
| $85.9K | ﹤0.01% |
4
| – | – |
|
|
NYXH
4129
Nyxoah
NYXH
$157M
| $85.6K | ﹤0.01% |
18,604
| – | – |
|
|
BZUN
4130
Baozun
BZUN
$166M
| $85.3K | ﹤0.01% |
32,067
| – | – |
|
|
IPM
4131
Intelligent Protection Management Corp
IPM
$24.9M
| $85K | ﹤0.01% |
49,410
+257
| +0.5% | +$490 |
|
|
ZJK
4132
ZJK Industrial Co
ZJK
$111M
| $84.5K | ﹤0.01% |
42,267
| – | – |
|
4133
Cellectar Biosciences
CLRB
$20.8M
| $84.5K | ﹤0.01% |
28,636
+3,744
| +15% | +$13.8K |
|
4134
Air Industries Group
AIRI
$13M
| $84.5K | ﹤0.01% |
27,500
+893
| +3% | +$2.75K |
|
4135
Nexalin Technology
NXL
$7.64M
| $83.9K | ﹤0.01% |
150,274
+28,454
| +23% | +$32K |
|
4136
Heart Test Laboratories
HSCS
$7.95M
| $83.2K | ﹤0.01% |
26,928
+14,150
| +111% | +$42K |
|
4137
Dawson Geophysical
DWSN
$137M
| $83.2K | ﹤0.01% |
53,319
+913
| +2% | +$1.72K |
|
|
AIFA
4138
All In FutureTech Alliance Inc
AIFA
$17.8M
| $83K | ﹤0.01% |
35,282
| – | – |
|
4139
BioCardia
BCDA
$13.4M
| $82.5K | ﹤0.01% |
66,003
+27,263
| +70% | +$37K |
|
|
MB
4140
MasterBeef Group
MB
$97.3M
| $81.5K | ﹤0.01% |
10,878
| – | – |
|
|
CODX
4141
Co-Diagnostics
CODX
$5.53M
| $81.2K | ﹤0.01% |
14,972
+4,306
| +40% | +$46.9K |
|
4142
Motorsport Games
MSGM
$18.4M
| $81.2K | ﹤0.01% |
25,606
-1,580
| -6% | -$4.33K |
|
4143
Imunon
IMNN
$6.77M
| $80.9K | ﹤0.01% |
21,222
+1,410
| +7% | +$6.03K |
|
4144
Cocrystal Pharma
COCP
$14.9M
| $80.8K | ﹤0.01% |
82,499
+8,570
| +12% | +$9.07K |
|
4145
Tandy Leather Factory
TLF
$20.2M
| $80.5K | ﹤0.01% |
29,372
-4,802
| -14% | -$13.6K |
|
4146
Educational Development Corp
EDUC
$11.8M
| $80.3K | ﹤0.01% |
60,834
+1,013
| +2% | +$1.39K |
|
|
SYBX
4147
DELISTED
Synlogic
SYBX
| $80.2K | ﹤0.01% |
71,645
+3,980
| +6% | +$5.96K |
|
4148
Mangoceuticals
MGRX
$9.32M
| $80.2K | ﹤0.01% |
108,322
+20,348
| +23% | +$33K |
|
4149
Universal Safety Products Inc
UUU
$10.3M
| $79.2K | ﹤0.01% |
15,355
+2,850
| +23% | +$13.3K |
|
4150
SenesTech
SNES
$6.83M
| $78.7K | ﹤0.01% |
36,779
+981
| +3% | +$3.06K |
|
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.