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 |
Applovin
APP
|
+$1.56B |
| 2 |
Amazon
AMZN
|
+$1.34B |
| 3 |
Eli Lilly
LLY
|
+$1.26B |
| 4 |
NVIDIA
NVDA
|
+$1.08B |
| 5 |
Chevron
CVX
|
+$1.03B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HES
Hess
HES
|
+$964M |
| 2 |
ANSS
Ansys
ANSS
|
+$924M |
| 3 |
Johnson & Johnson
JNJ
|
+$753M |
| 4 |
JNPR
Juniper Networks
JNPR
|
+$418M |
| 5 |
American Express
AXP
|
+$253M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.52% |
| 2 | Financials | 13.57% |
| 3 | Consumer Discretionary | 10.61% |
| 4 | Communication Services | 9.71% |
| 5 | Healthcare | 9.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KBSX
4251
FST Corp
KBSX
$51M
| $60K | ﹤0.01% |
41,123
| – | – |
|
4252
Biomerica
BMRA
$4.85M
| $59.4K | ﹤0.01% |
20,983
-680
| -3% | -$2.15K |
|
|
BNAI
4253
Brand Engagement Network
BNAI
$103M
| $59.4K | ﹤0.01% |
20,195
+9,663
| +92% | +$31.4K |
|
4254
InflaRx
IFRX
$295M
| $58.5K | ﹤0.01% |
43,672
| – | – |
|
4255
Tenon Medical
TNON
$3.05M
| $58.4K | ﹤0.01% |
1,414
+824
| +140% | +$35K |
|
4256
Processa Pharmaceuticals
PCSA
$8.82M
| $58.2K | ﹤0.01% |
12,132
+10,109
| +500% | +$53.4K |
|
|
ADIL
4257
Adial Pharmaceuticals
ADIL
$9.43M
| $58K | ﹤0.01% |
6,565
+3,811
| +138% | +$37.1K |
|
|
VSTD
4258
DELISTED
Vestand Inc
VSTD
| $57.7K | ﹤0.01% |
+35,848
| New | +$64.5K |
|
|
KAZR
4259
Skyline Builders Group
KAZR
$57M
| $57.6K | ﹤0.01% |
16,855
| – | – |
|
4260
Beneficient
BENF
$39.8M
| $57.6K | ﹤0.01% |
7,569
| – | – |
|
4261
Hour Loop
HOUR
$68.3M
| $57.4K | ﹤0.01% |
19,584
| – | – |
|
4262
Reborn Coffee
REBN
$11.7M
| $56.8K | ﹤0.01% |
23,281
+4,291
| +23% | +$11.6K |
|
|
CJMB
4263
Callan JMB Inc
CJMB
$10.8M
| $56.7K | ﹤0.01% |
11,629
-119
| -1% | -$590 |
|
|
BGDE
4264
Big Digital Energy Inc
BGDE
$33.1M
| $56.4K | ﹤0.01% |
6,713
| – | – |
|
4265
Momentus
MNTS
$90.6M
| $56.2K | ﹤0.01% |
2,385
+732
| +44% | +$16.3K |
|
|
CRDL
4266
Cardiol Therapeutics
CRDL
$173M
| $56.1K | ﹤0.01% |
52,435
| – | – |
|
4267
Lulu's Fashion Lounge
LVLU
$55.5M
| $56.1K | ﹤0.01% |
11,774
+88
| +0.8% | +$375 |
|
4268
BT Brands
BTBD
$8.04M
| $56K | ﹤0.01% |
28,247
+3,702
| +15% | +$6.23K |
|
4269
Bioceres Crop Solutions
BIOX
$22.9M
| $55.1K | ﹤0.01% |
39,087
| – | – |
|
|
APUS
4270
Apimeds Pharmaceuticals US
APUS
$6.99M
| $54.7K | ﹤0.01% |
+3,075
| New | +$57K |
|
|
SGN
4271
DELISTED
Signing Day Sports
SGN
| $54.6K | ﹤0.01% |
+29,833
| New | +$49.2K |
|
|
ROLR
4272
High Roller Technologies
ROLR
$70.3M
| $54.5K | ﹤0.01% |
+19,453
| New | +$53.6K |
|
4273
Incannex Healthcare
IXHL
$38.3M
| $54K | ﹤0.01% |
+3,878
| New | +$63K |
|
|
BDMD
4274
Baird Medical Investment Holdings
BDMD
$37.4M
| $53.9K | ﹤0.01% |
25,442
| – | – |
|
4275
iSpecimen
ISPC
$3.28M
| $53.8K | ﹤0.01% |
1,042
+672
| +182% | +$31.6K |
|
Similar funds
Geode Capital Management's Q3 2025 Portfolio in Review
As of Q3 2025, Geode Capital Management held 4,592 positions worth $1.57T, up 9.9% from $1.43T the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Geode Capital Management's Q3 2025 filing shows 148 new, 2,907 increased, 1,130 reduced and 119 closed positions. Its largest new stake was Paramount Skydance Corp: 8,343,504 shares worth $158M. The largest sale was Hess, an estimated $964M.
By sector, the portfolio is most concentrated in Technology at 34% of assets, up from 32% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q3 2025 buy was Paramount Skydance Corp: 8,343,504 shares worth $158M.
- Geode Capital Management added most to Applovin in Q3 2025, an estimated $1.56B increase.
- Geode Capital Management's biggest Q3 2025 reduction was Johnson & Johnson, cutting an estimated $753M.
- Geode Capital Management fully exited Hess in Q3 2025, selling an estimated $964M.
- Geode Capital Management's ten largest holdings make up 34% of its $1.57T portfolio in Q3 2025.
- Geode Capital Management opened 148 new positions and closed 119 in Q3 2025.
- Geode Capital Management's portfolio value rose 9.9% quarter-over-quarter to $1.57T.
Based on Geode Capital Management's 13F filing for Q3 2025, filed 12 Nov 2025.