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 | |
|---|---|---|---|---|---|---|
4201
LiqTech
LIQT
$23.1M
| $60.7K | ﹤0.01% |
41,568
-569
| -1% | -$1.23K |
|
4202
Peraso
PRSO
$10.8M
| $60.6K | ﹤0.01% |
69,697
+29,095
| +72% | +$34.2K |
|
|
GXAI
4203
Gaxos.ai
GXAI
$9.51M
| $59.5K | ﹤0.01% |
56,128
| – | – |
|
4204
Freightos
CRGO
$64.6M
| $59.4K | ﹤0.01% |
26,054
| – | – |
|
|
ONCY
4205
Oncolytics Biotech
ONCY
$97.9M
| $58.5K | ﹤0.01% |
66,939
| – | – |
|
4206
Serina Therapeutics
SER
$41.7M
| $58.2K | ﹤0.01% |
30,409
+801
| +3% | +$3.24K |
|
4207
Sonoma Pharmaceuticals
SNOA
$6.56M
| $57.9K | ﹤0.01% |
15,908
-1,709
| -10% | -$6.3K |
|
|
APUS
4208
Apimeds Pharmaceuticals US
APUS
$6.99M
| $57.2K | ﹤0.01% |
3,489
+414
| +13% | +$8.83K |
|
|
KBSX
4209
FST Corp
KBSX
$51M
| $57.2K | ﹤0.01% |
41,123
| – | – |
|
4210
Lulu's Fashion Lounge
LVLU
$55.5M
| $56.8K | ﹤0.01% |
10,881
-893
| -8% | -$4.58K |
|
4211
System1
SST
$17.8M
| $56.3K | ﹤0.01% |
14,363
-18
| -0.1% | -$93 |
|
|
ZSPC
4212
DELISTED
ZSPACE INC NEW
ZSPC
| $56.1K | ﹤0.01% |
4,761
+2,726
| +134% | +$51.9K |
|
4213
Creative Medical Technology
CELZ
$8.04M
| $55.8K | ﹤0.01% |
28,467
+5,211
| +22% | +$15.4K |
|
|
CYCU
4214
Cycurion Inc
CYCU
$6.75M
| $55.8K | ﹤0.01% |
20,219
+11,008
| +120% | +$51.9K |
|
|
ZENA
4215
ZenaTech Inc
ZENA
$162M
| $55.7K | ﹤0.01% |
17,419
| – | – |
|
|
UCFI
4216
CN Healthy Food Tech Group
UCFI
| $55.6K | ﹤0.01% |
10,080
| – | – |
|
4217
Cyclerion Therapeutics
CYCN
$16.7M
| $55K | ﹤0.01% |
43,302
+6,144
| +17% | +$11K |
|
4218
Snail Inc
SNAL
$40.6M
| $54.4K | ﹤0.01% |
12,245
+184
| +2% | +$905 |
|
4219
ClearOne Inc
CLRO
$17M
| $54.2K | ﹤0.01% |
10,620
| – | – |
|
|
AMZE
4220
Amaze Holdings
AMZE
$1.57M
| $54.1K | ﹤0.01% |
17,797
+12,781
| +255% | +$86K |
|
|
IMMP
4221
Immutep
IMMP
$58M
| $53.5K | ﹤0.01% |
18,722
| – | – |
|
|
FATBB
4222
DELISTED
FAT Brands
FATBB
| $53.5K | ﹤0.01% |
42,147
-17,484
| -29% | -$36.2K |
|
4223
Caesarstone
CSTE
$104M
| $53.5K | ﹤0.01% |
28,738
| – | – |
|
|
OPENL
4224
Opendoor Technologies Inc Series A Warrants
OPENL
$5.09M
| $52.1K | ﹤0.01% |
+100,176
| New | +$85.6K |
|
4225
Nocera
NCRA
$3.82M
| $52.1K | ﹤0.01% |
2,044
-87
| -4% | -$3.31K |
|
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.