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 | |
|---|---|---|---|---|---|---|
|
FLZH
4326
Flash Sports & Media Holdings
FLZH
$71.2M
| $41.9K | ﹤0.01% |
4,068
| – | – |
|
4327
IN8bio
INAB
$10.3M
| $41.9K | ﹤0.01% |
19,292
+472
| +3% | +$1.04K |
|
4328
PAVmed
PAVM
$33.7M
| $41.8K | ﹤0.01% |
3,219
+263
| +9% | +$3.91K |
|
4329
Professional Diversity Network
IPDN
$5.13M
| $41.3K | ﹤0.01% |
11,160
-2,925
| -21% | -$8.76K |
|
4330
IceCure Medical
ICCM
$12M
| $41.3K | ﹤0.01% |
1,348
| – | – |
|
|
ZTEK
4331
Zentek
ZTEK
$83.6M
| $41.3K | ﹤0.01% |
+53,854
| New | +$47.4K |
|
|
UCFI
4332
CN Healthy Food Tech Group
UCFI
| $41.2K | ﹤0.01% |
10,080
| – | – |
|
4333
Cheche Group
CCG
$34.9M
| $40.9K | ﹤0.01% |
927
| – | – |
|
|
ABVE
4334
DELISTED
Above Food Ingredients Inc
ABVE
| $40.8K | ﹤0.01% |
23,464
| – | – |
|
4335
HCW Biologics
HCWB
$5.06M
| $40.7K | ﹤0.01% |
+1,834
| New | +$47.9K |
|
4336
Entera Bio
ENTX
$148M
| $40.6K | ﹤0.01% |
21,136
| – | – |
|
4337
Mustang Bio
MBIO
$4.61M
| $40.2K | ﹤0.01% |
26,418
+10,336
| +64% | +$18.4K |
|
4338
Gogoro
GGR
$52.2M
| $40.1K | ﹤0.01% |
6,681
| – | – |
|
4339
Boxlight
BOXL
$1.95M
| $39.8K | ﹤0.01% |
458
+8
| +2% | +$600 |
|
|
IHT
4340
InnSuites Hospitality Trust
IHT
$14.7M
| $39.6K | ﹤0.01% |
21,637
-639
| -3% | -$1.3K |
|
|
SUNE
4341
SUNation Energy
SUNE
$10.6M
| $39.3K | ﹤0.01% |
+28,175
| New | +$43.4K |
|
|
SOPA
4342
DELISTED
Society Pass
SOPA
| $39K | ﹤0.01% |
33,582
+5,199
| +18% | +$6.51K |
|
4343
HWH International
HWH
$10.2M
| $38.9K | ﹤0.01% |
14,200
+305
| +2% | +$645 |
|
4344
Alaunos Therapeutics
TCRT
$4.81M
| $38.5K | ﹤0.01% |
15,791
-155
| -1% | -$442 |
|
4345
Generation Income Properties
GIPR
$723K
| $38.1K | ﹤0.01% |
4,220
| – | – |
|
4346
AEON Biopharma
AEON
$13.3M
| $38.1K | ﹤0.01% |
47,073
+26,378
| +127% | +$20.3K |
|
|
SSKN
4347
DELISTED
Strata Skin Sciences
SSKN
| $37.4K | ﹤0.01% |
18,137
-56
| -0.3% | -$111 |
|
4348
SOBR Safe
SOBR
$1.72M
| $37.3K | ﹤0.01% |
+10,674
| New | +$38.5K |
|
|
RCT
4349
RedCloud Holdings
RCT
$15.6M
| $37.2K | ﹤0.01% |
+20,569
| New | +$39.5K |
|
4350
Toro Corp
TORO
$196M
| $37K | ﹤0.01% |
11,890
| – | – |
|
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.