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 | |
|---|---|---|---|---|---|---|
1101
Vicor
VICR
$9.62B
| $97M | 0.01% |
602,661
+39,774
| +7% | +$6.57M |
|
1102
Erasca
ERAS
$6.63B
| $97M | 0.01% |
5,996,149
+1,069,814
| +22% | +$12.6M |
|
1103
Globalstar
GSAT
$10.2B
| $96.5M | 0.01% |
1,452,413
+169,320
| +13% | +$10.3M |
|
1104
iRhythm Holdings
IRTC
$3.59B
| $96.5M | 0.01% |
817,110
-41,295
| -5% | -$5.96M |
|
1105
Broadstone Net Lease
BNL
$4.29B
| $96.4M | 0.01% |
5,275,892
+152,977
| +3% | +$2.88M |
|
1106
RadNet
RDNT
$4.84B
| $96.4M | 0.01% |
1,723,607
+52,064
| +3% | +$3.55M |
|
1107
Fulton Financial
FULT
$4.7B
| $96.3M | 0.01% |
4,735,709
+121,837
| +3% | +$2.51M |
|
1108
Grand Canyon Education
LOPE
$3.71B
| $96.3M | 0.01% |
566,285
-11,825
| -2% | -$1.98M |
|
1109
Lyft
LYFT
$5.39B
| $96.2M | 0.01% |
7,231,026
+154,674
| +2% | +$2.4M |
|
1110
Maximus
MMS
$3.14B
| $96M | 0.01% |
1,497,679
+15,600
| +1% | +$1.27M |
|
1111
Vontier
VNT
$4.33B
| $95.9M | 0.01% |
2,702,824
+40,125
| +2% | +$1.55M |
|
1112
Skywest
SKYW
$4.11B
| $95.7M | 0.01% |
1,041,932
+27,363
| +3% | +$2.7M |
|
1113
Rithm Capital
RITM
$5.09B
| $95.6M | 0.01% |
10,079,368
+457,433
| +5% | +$4.79M |
|
1114
Patterson-UTI
PTEN
$3.87B
| $95.6M | 0.01% |
8,821,800
+193,206
| +2% | +$1.65M |
|
1115
Tidewater
TDW
$3.91B
| $95.4M | 0.01% |
1,141,644
+33,182
| +3% | +$2.31M |
|
1116
LivaNova
LIVN
$4.3B
| $95.2M | 0.01% |
1,497,771
+38,933
| +3% | +$2.51M |
|
|
SARO
1117
StandardAero Inc
SARO
$9.54B
| $95.1M | 0.01% |
3,682,456
+1,296,137
| +54% | +$38.7M |
|
|
KRMN
1118
Karman Holdings
KRMN
$6.29B
| $95.1M | 0.01% |
1,187,927
+31,764
| +3% | +$3.06M |
|
1119
Independent Bank
INDB
$4.05B
| $95.1M | 0.01% |
1,263,589
+31,122
| +3% | +$2.44M |
|
1120
Asbury Automotive
ABG
$4.19B
| $94.9M | 0.01% |
485,723
+11,033
| +2% | +$2.45M |
|
1121
GFL Environmental
GFL
$14.3B
| $94.9M | 0.01% |
2,284,773
+59,776
| +3% | +$2.56M |
|
1122
Grab
GRAB
$13.5B
| $94.9M | 0.01% |
26,235,323
+653,489
| +3% | +$2.77M |
|
1123
Bankunited
BKU
$3.38B
| $94.2M | 0.01% |
2,086,250
+301,272
| +17% | +$14.1M |
|
|
VSXY
1124
Victoria's Secret
VSXY
$6.64B
| $94.1M | 0.01% |
2,029,813
+269,674
| +15% | +$15.1M |
|
|
TPC
1125
Tutor Perini Cor
TPC
$4.57B
| $94M | 0.01% |
1,217,781
+133,432
| +12% | +$10.2M |
|
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.