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 |
Microsoft
MSFT
|
+$1.53B |
| 2 |
NVIDIA
NVDA
|
+$1.07B |
| 3 |
Capital One
COF
|
+$1.02B |
| 4 |
Apple
AAPL
|
+$998M |
| 5 |
Amazon
AMZN
|
+$736M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DFS
Discover Financial Services
DFS
|
+$1.09B |
| 2 |
Palantir
PLTR
|
+$671M |
| 3 |
Coca-Cola
KO
|
+$501M |
| 4 |
Qualcomm
QCOM
|
+$435M |
| 5 |
Applovin
APP
|
+$362M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32.45% |
| 2 | Financials | 14.05% |
| 3 | Consumer Discretionary | 10.53% |
| 4 | Healthcare | 9.36% |
| 5 | Communication Services | 9.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
MGE Energy Inc
MGEE
$3.07B
| $80.7M | 0.01% |
912,735
+15,762
| +2% | +$1.42M |
|
1152
Bio-Rad Laboratories Class A
BIO
$9.68B
| $80.6M | 0.01% |
334,137
-8,806
| -3% | -$2.08M |
|
|
PCH
1153
DELISTED
PotlatchDeltic
PCH
| $80.5M | 0.01% |
2,098,947
+631
| +0% | +$24.8K |
|
|
CCC
1154
CCC Intelligent Solutions
CCC
$4.1B
| $80.5M | 0.01% |
8,556,666
+274,488
| +3% | +$2.46M |
|
1155
ICU Medical
ICUI
$4.49B
| $79.8M | 0.01% |
604,094
+31,784
| +6% | +$4.31M |
|
1156
Protagonist Therapeutics
PTGX
$9.84B
| $79.8M | 0.01% |
1,444,230
+20,671
| +1% | +$992K |
|
1157
GFL Environmental
GFL
$14.8B
| $79.8M | 0.01% |
1,592,253
+158,667
| +11% | +$7.79M |
|
1158
Signet Jewelers
SIG
$3.6B
| $79.8M | 0.01% |
1,002,755
-3,474
| -0.3% | -$231K |
|
1159
Timken Company
TKR
$9.03B
| $79.5M | 0.01% |
1,095,674
-19,261
| -2% | -$1.31M |
|
1160
FirstService
FSV
$6.23B
| $79.2M | 0.01% |
433,759
+46,333
| +12% | +$8.02M |
|
1161
Renasant Corp
RNST
$3.96B
| $79.2M | 0.01% |
2,203,182
+714,972
| +48% | +$23.8M |
|
1162
Cathay General Bancorp
CATY
$4.3B
| $79.1M | 0.01% |
1,737,828
-3,013
| -0.2% | -$128K |
|
|
FLG
1163
Flagstar Bank National Association
FLG
$5.9B
| $79.1M | 0.01% |
7,462,877
+641,117
| +9% | +$7.32M |
|
1164
Graham Holdings Company
GHC
$5.04B
| $78.9M | 0.01% |
83,330
+1,348
| +2% | +$1.27M |
|
|
SEZL
1165
Sezzle
SEZL
$4.23B
| $78.8M | 0.01% |
439,799
+7,067
| +2% | +$626K |
|
1166
Hexcel
HXL
$7.73B
| $78.6M | 0.01% |
1,391,648
-19,178
| -1% | -$1.01M |
|
1167
The Bancorp
TBBK
$2.84B
| $78.3M | 0.01% |
1,373,686
+7,405
| +0.5% | +$374K |
|
1168
IES Holdings
IESC
$15.3B
| $78.2M | 0.01% |
263,993
+12,026
| +5% | +$2.83M |
|
1169
The GEO Group
GEO
$4.14B
| $78.1M | 0.01% |
3,259,307
+108,106
| +3% | +$2.95M |
|
1170
Genworth Financial
GNW
$3.79B
| $78M | 0.01% |
10,020,430
-176,822
| -2% | -$1.24M |
|
1171
Otter Tail
OTTR
$3.87B
| $77.9M | 0.01% |
1,010,613
-14,852
| -1% | -$1.16M |
|
1172
WSFS Financial
WSFS
$4.15B
| $77.9M | 0.01% |
1,415,940
-18,841
| -1% | -$978K |
|
1173
Pricesmart
PSMT
$5.49B
| $77.8M | 0.01% |
740,720
+13,119
| +2% | +$1.32M |
|
1174
Magnite
MGNI
$3.49B
| $77.6M | 0.01% |
3,216,842
+183,414
| +6% | +$2.7M |
|
1175
WIX.com
WIX
$2.88B
| $77.5M | 0.01% |
491,958
+12,210
| +3% | +$1.97M |
|
Similar funds
Geode Capital Management's Q2 2025 Portfolio in Review
As of Q2 2025, Geode Capital Management held 4,594 positions worth $1.43T, up 12% from $1.27T the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Geode Capital Management's Q2 2025 filing shows 119 new, 2,787 increased, 1,425 reduced and 150 closed positions. Its largest new stake was Emera Inc: 3,219,448 shares worth $152M. The largest sale was Discover Financial Services, an estimated $1.09B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 29% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q2 2025 buy was Emera Inc: 3,219,448 shares worth $152M.
- Geode Capital Management added most to Microsoft in Q2 2025, an estimated $1.53B increase.
- Geode Capital Management's biggest Q2 2025 reduction was Palantir, cutting an estimated $671M.
- Geode Capital Management fully exited Discover Financial Services in Q2 2025, selling an estimated $1.09B.
- Geode Capital Management's ten largest holdings make up 32% of its $1.43T portfolio in Q2 2025.
- Geode Capital Management opened 119 new positions and closed 150 in Q2 2025.
- Geode Capital Management's portfolio value rose 12% quarter-over-quarter to $1.43T.
Based on Geode Capital Management's 13F filing for Q2 2025, filed 8 Aug 2025.