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 | |
|---|---|---|---|---|---|---|
|
INCR
4351
Intercure
INCR
$56.9M
| $37K | ﹤0.01% |
22,539
| – | – |
|
|
PARA
4352
Banzai International
PARA
$5.63M
| $36.9K | ﹤0.01% |
628
+429
| +216% | +$29.4K |
|
|
TRVG
4353
trivago
TRVG
$370M
| $36.6K | ﹤0.01% |
10,967
| – | – |
|
4354
Envoy Medical
COCH
$59.3M
| $36.1K | ﹤0.01% |
46,538
-47,593
| -51% | -$64.6K |
|
4355
EUDA Health Holdings
EUDA
$45.6M
| $36K | ﹤0.01% |
1,033
+231
| +29% | +$11.2K |
|
4356
Roadzen
RDZN
$112M
| $35.9K | ﹤0.01% |
41,570
| – | – |
|
4357
Yatra Online
YTRA
$54.1M
| $35.7K | ﹤0.01% |
25,535
| – | – |
|
4358
Cheetah Net Supply Chain Service
CTNT
$5.43M
| $35.2K | ﹤0.01% |
99
| – | – |
|
|
UXIN
4359
Uxin Ltd
UXIN
$257M
| $35.1K | ﹤0.01% |
+10,149
| New | +$38.8K |
|
|
CNTB
4360
Connect Biopharma Holdings
CNTB
$141M
| $34.5K | ﹤0.01% |
23,320
| – | – |
|
4361
Avalon Holdings
AWX
$11.2M
| $34.4K | ﹤0.01% |
13,191
-405
| -3% | -$1.02K |
|
|
BRAG
4362
Bragg Gaming Group
BRAG
$50.6M
| $34.2K | ﹤0.01% |
11,254
| – | – |
|
4363
Xenetic Biosciences
XBIO
$7.38M
| $34.2K | ﹤0.01% |
10,684
+206
| +2% | +$672 |
|
|
SDM
4364
DELISTED
Smart Digital Group
SDM
| $34.1K | ﹤0.01% |
+18,445
| New | +$254K |
|
|
ULY
4365
DELISTED
Urgent.ly
ULY
| $34.1K | ﹤0.01% |
+10,548
| New | +$54.2K |
|
|
IMMP
4366
Immutep
IMMP
$58M
| $32.8K | ﹤0.01% |
18,722
| – | – |
|
4367
Corvex Inc
MOVE
$304M
| $32.3K | ﹤0.01% |
7,632
| – | – |
|
4368
Expion360
XPON
$3.56M
| $32.1K | ﹤0.01% |
1,858
+93
| +5% | +$1.46K |
|
4369
New Concept Energy
GBR
$3.67M
| $32K | ﹤0.01% |
31,901
-908
| -3% | -$901 |
|
|
PRHI
4370
Presurance Holdings
PRHI
$17M
| $31.7K | ﹤0.01% |
3,683
| – | – |
|
|
CASI
4371
DELISTED
CASI Pharmaceuticals
CASI
| $31.2K | ﹤0.01% |
18,808
| – | – |
|
4372
DNA X Inc
SONM
$5.36M
| $31.2K | ﹤0.01% |
2,870
+1,192
| +71% | +$13.8K |
|
4373
Ensysce Biosciences
ENSC
$6.46M
| $30.9K | ﹤0.01% |
13,030
+2,869
| +28% | +$6.17K |
|
|
TWAV
4374
TaoWeave Inc
TWAV
$4.7M
| $30.9K | ﹤0.01% |
11,960
+170
| +1% | +$608 |
|
4375
DSS Inc
DSS
$5.15M
| $30.8K | ﹤0.01% |
22,838
+3,645
| +19% | +$3.97K |
|
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.