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 | |
|---|---|---|---|---|---|---|
1176
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.37B
| $77.4M | 0.01% |
2,881,223
+86,513
| +3% | +$2.24M |
|
1177
H.B. Fuller
FUL
$3.23B
| $77.4M | 0.01% |
1,286,348
+5,323
| +0.4% | +$294K |
|
1178
Magna International
MGA
$18.6B
| $77.3M | 0.01% |
2,015,407
+338,470
| +20% | +$12M |
|
1179
Champion Homes
SKY
$5.1B
| $77.3M | 0.01% |
1,234,006
-5,565
| -0.4% | -$433K |
|
1180
Resideo Technologies
REZI
$3.9B
| $77.3M | 0.01% |
3,501,932
+55,666
| +2% | +$1.06M |
|
1181
Murphy Oil
MUR
$5.06B
| $77.2M | 0.01% |
3,429,259
-61,088
| -2% | -$1.36M |
|
1182
Laureate Education
LAUR
$5.1B
| $77.1M | 0.01% |
3,298,980
+30,808
| +0.9% | +$661K |
|
1183
Rigetti Computing
RGTI
$6.14B
| $76.9M | 0.01% |
6,484,155
+1,206,925
| +23% | +$12.7M |
|
1184
Sensata Technologies
ST
$6.72B
| $76.9M | 0.01% |
2,552,445
-181,546
| -7% | -$4.46M |
|
1185
Pan American Silver
PAAS
$22.1B
| $76.9M | 0.01% |
2,729,447
+462,204
| +20% | +$12M |
|
1186
White Mountains Insurance
WTM
$5.05B
| $76.4M | 0.01% |
42,529
+343
| +0.8% | +$610K |
|
1187
Telus
TU
$15B
| $76.3M | 0.01% |
4,529,471
+780,607
| +21% | +$12.1M |
|
1188
Sonoco
SON
$5.74B
| $76.2M | 0.01% |
1,749,352
-180,849
| -9% | -$8.09M |
|
|
SEE
1189
DELISTED
Sealed Air
SEE
| $76.1M | 0.01% |
2,453,216
+12,909
| +0.5% | +$384K |
|
|
NUVL
1190
DELISTED
Nuvalent
NUVL
| $76.1M | 0.01% |
996,845
+103,389
| +12% | +$7.57M |
|
1191
Blackstone Mortgage Trust
BXMT
$2.41B
| $75.9M | 0.01% |
3,942,418
-146,991
| -4% | -$2.79M |
|
1192
Futu Holdings
FUTU
$14.7B
| $75.6M | 0.01% |
621,478
+52,445
| +9% | +$5.36M |
|
|
SLNO
1193
DELISTED
Soleno Therapeutics
SLNO
| $75.6M | 0.01% |
902,396
+286,660
| +47% | +$21.5M |
|
1194
WesBanco
WSBC
$4.07B
| $75.6M | 0.01% |
2,389,477
+172,276
| +8% | +$5.21M |
|
1195
BILL Holdings
BILL
$4.85B
| $75.3M | 0.01% |
1,627,714
-40,067
| -2% | -$1.77M |
|
1196
Terex
TEX
$7.8B
| $75.3M | 0.01% |
1,612,265
-21,435
| -1% | -$896K |
|
1197
California Resources
CRC
$4.74B
| $75.2M | 0.01% |
1,646,716
-56,883
| -3% | -$2.32M |
|
1198
Euronet Worldwide
EEFT
$2.66B
| $75.2M | 0.01% |
741,789
-13,439
| -2% | -$1.39M |
|
1199
Patrick Industries
PATK
$2.79B
| $75M | 0.01% |
812,740
+7,011
| +0.9% | +$596K |
|
1200
Zeta Global
ZETA
$7.16B
| $74.9M | 0.01% |
4,835,620
+174,972
| +4% | +$2.32M |
|
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.