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 |
Apple
AAPL
|
+$2.75B |
| 2 |
Microsoft
MSFT
|
+$2.46B |
| 3 |
NVIDIA
NVDA
|
+$2.3B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$1.79B |
| 5 |
Amazon
AMZN
|
+$1.78B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EXAS
Exact Sciences
EXAS
|
+$338M |
| 2 |
DAY
Dayforce
DAY
|
+$281M |
| 3 |
RNAM
Avidity Biosciences
RNAM
|
+$225M |
| 4 |
CYBR
CyberArk
CYBR
|
+$220M |
| 5 |
CMA
Comerica
CMA
|
+$213M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.41% |
| 2 | Financials | 12.78% |
| 3 | Consumer Discretionary | 9.97% |
| 4 | Healthcare | 9.79% |
| 5 | Communication Services | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1076
First Bancorp
FBP
$4.4B
| $101M | 0.01% |
4,745,583
+113,340
| +2% | +$2.44M |
|
1077
Morningstar
MORN
$6.56B
| $101M | 0.01% |
599,222
+2,240
| +0.4% | +$416K |
|
1078
Telephone and Data Systems
TDS
$3.91B
| $101M | 0.01% |
2,404,511
-11,042
| -0.5% | -$486K |
|
|
GAP
1079
The Gap Inc
GAP
$6.84B
| $101M | 0.01% |
4,181,489
-110,357
| -3% | -$2.92M |
|
1080
Avantor
AVTR
$7.81B
| $101M | 0.01% |
12,891,421
+912,861
| +8% | +$8.98M |
|
1081
WEX
WEX
$6.11B
| $100M | 0.01% |
655,837
+16,880
| +3% | +$2.64M |
|
|
TPH
1082
DELISTED
Tri Pointe Homes
TPH
| $100M | 0.01% |
2,147,152
+49,642
| +2% | +$2.02M |
|
1083
International Bancshares
IBOC
$4.77B
| $100M | 0.01% |
1,490,897
+55,426
| +4% | +$3.84M |
|
1084
Lamb Weston
LW
$6.82B
| $100M | 0.01% |
2,368,604
-1,159,798
| -33% | -$51.8M |
|
1085
COPT Defense Properties
CDP
$4.31B
| $100M | 0.01% |
3,266,276
+117,146
| +4% | +$3.64M |
|
1086
Madison Square Garden
MSGS
$9.54B
| $99.7M | 0.01% |
310,261
+19,204
| +7% | +$5.72M |
|
1087
H&R Block
HRB
$5.18B
| $99.6M | 0.01% |
3,137,087
+246,647
| +9% | +$8.6M |
|
1088
Independence Realty Trust
IRT
$3.92B
| $99.4M | 0.01% |
6,671,589
+225,622
| +4% | +$3.71M |
|
1089
Champion Homes
SKY
$4.48B
| $99.1M | 0.01% |
1,332,292
+24,042
| +2% | +$2.07M |
|
1090
Urban Outfitters
URBN
$5.99B
| $99.1M | 0.01% |
1,563,941
+56,914
| +4% | +$3.91M |
|
1091
ASML
ASML
$675B
| $98.7M | 0.01% |
74,710
+1,279
| +2% | +$1.75M |
|
|
CVSA
1092
Covista Inc
CVSA
$3.94B
| $98.4M | 0.01% |
854,009
-34,215
| -4% | -$3.65M |
|
1093
Stantec
STN
$7.69B
| $98.1M | 0.01% |
1,119,479
+60,759
| +6% | +$5.71M |
|
1094
Sensata Technologies
ST
$6.65B
| $98.1M | 0.01% |
2,785,682
+92,194
| +3% | +$3.26M |
|
1095
Diodes
DIOD
$4B
| $98.1M | 0.01% |
1,436,862
+86,426
| +6% | +$5.45M |
|
1096
Enphase Energy
ENPH
$4.84B
| $97.9M | 0.01% |
2,589,905
+79,396
| +3% | +$3.3M |
|
1097
Life Time Group Holdings
LTH
$9.42B
| $97.8M | 0.01% |
3,629,337
+109,526
| +3% | +$3.03M |
|
1098
AutoNation
AN
$6.97B
| $97.7M | 0.01% |
500,090
-17,424
| -3% | -$3.52M |
|
1099
Group 1 Automotive
GPI
$3.94B
| $97.4M | 0.01% |
294,609
-3,444
| -1% | -$1.2M |
|
1100
Caesars Entertainment
CZR
$6.1B
| $97.4M | 0.01% |
3,682,728
+80,839
| +2% | +$1.92M |
|
Similar funds
Geode Capital Management's Q1 2026 Portfolio in Review
As of Q1 2026, Geode Capital Management held 4,628 positions worth $1.61T, down 0.8% from $1.62T the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Geode Capital Management deployed $55.8B of net new capital in Q1 2026, opening 160 new positions and adding to 3,465 existing holdings. Its largest new stake was Versant Media Group: 1,896,951 shares worth $70.3M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 33% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Hershey, an estimated $134M trimmed.
- Geode Capital Management's largest Q1 2026 buy was Versant Media Group: 1,896,951 shares worth $70.3M.
- Geode Capital Management added most to Apple in Q1 2026, an estimated $2.75B increase.
- Geode Capital Management's biggest Q1 2026 reduction was Hershey, cutting an estimated $134M.
- Geode Capital Management fully exited Exact Sciences in Q1 2026, selling an estimated $338M.
- Geode Capital Management's ten largest holdings make up 31% of its $1.61T portfolio in Q1 2026.
- Geode Capital Management opened 160 new positions and closed 115 in Q1 2026.
- Geode Capital Management's portfolio value fell 0.8% quarter-over-quarter to $1.61T.
Based on Geode Capital Management's 13F filing for Q1 2026, filed 15 May 2026.