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 | |
|---|---|---|---|---|---|---|
1226
U-Haul Holding Co Series N
UHAL.B
$12.2B
| $80.1M | 0.01% |
1,792,009
+27,707
| +2% | +$1.31M |
|
|
RAL
1227
Ralliant Corp
RAL
$7.77B
| $80M | 0.01% |
1,923,259
+50,612
| +3% | +$2.38M |
|
1228
Gulfport Energy Corp
GPOR
$2.83B
| $79.9M | 0.01% |
377,669
+10,240
| +3% | +$2.04M |
|
1229
AppFolio
APPF
$5.85B
| $79.9M | 0.01% |
506,289
+33,798
| +7% | +$6.4M |
|
1230
Envista
NVST
$4.28B
| $79.9M | 0.01% |
3,149,295
+81,953
| +3% | +$2.13M |
|
1231
Post Holdings
POST
$4.12B
| $79.8M | 0.01% |
806,826
-74,167
| -8% | -$7.56M |
|
1232
Brookfield Renewable
BEPC
$6.12B
| $79.7M | 0.01% |
2,009,107
-77,661
| -4% | -$3.16M |
|
1233
Chemours
CC
$2.59B
| $79.4M | ﹤0.01% |
3,603,921
+109,747
| +3% | +$1.91M |
|
1234
Thor Industries
THO
$3.99B
| $79.4M | ﹤0.01% |
993,553
+33,191
| +3% | +$3.38M |
|
1235
TFI International
TFII
$12.4B
| $79.1M | ﹤0.01% |
730,517
-2,993
| -0.4% | -$335K |
|
1236
Alaska Air
ALK
$5.15B
| $79.1M | ﹤0.01% |
2,149,756
-21
| -0% | -$1.01K |
|
1237
ICU Medical
ICUI
$3.93B
| $79M | ﹤0.01% |
611,219
+17,734
| +3% | +$2.55M |
|
1238
Tarsus Pharmaceuticals
TARS
$2.56B
| $78.7M | ﹤0.01% |
1,121,091
+173,328
| +18% | +$12.1M |
|
1239
Plug Power
PLUG
$2.92B
| $78.5M | ﹤0.01% |
34,708,817
+3,440,147
| +11% | +$7.47M |
|
1240
Cousins Properties
CUZ
$5.29B
| $78.3M | ﹤0.01% |
3,467,869
+19,105
| +0.6% | +$463K |
|
1241
Descartes Systems
DSGX
$5.84B
| $78.1M | ﹤0.01% |
1,089,113
-33,579
| -3% | -$2.48M |
|
1242
Alignment Healthcare
ALHC
$4.02B
| $77.7M | ﹤0.01% |
4,411,340
+569,637
| +15% | +$11.4M |
|
1243
Allegro MicroSystems
ALGM
$8.58B
| $77.5M | ﹤0.01% |
2,456,820
+62,852
| +3% | +$2.17M |
|
1244
Advance Auto Parts
AAP
$3.37B
| $77.5M | ﹤0.01% |
1,468,476
+41,603
| +3% | +$2.08M |
|
1245
Acadia Pharmaceuticals
ACAD
$4.25B
| $77.1M | ﹤0.01% |
3,464,689
+225,238
| +7% | +$5.38M |
|
1246
Dianthus Therapeutics
DNTH
$5.68B
| $76.9M | ﹤0.01% |
916,211
+239,553
| +35% | +$13.9M |
|
1247
Polaris
PII
$4.15B
| $76.8M | ﹤0.01% |
1,408,619
+81,844
| +6% | +$5.13M |
|
1248
Ryan Specialty Holdings
RYAN
$5.41B
| $76.6M | ﹤0.01% |
2,270,174
+118,968
| +6% | +$5.08M |
|
1249
NCR Atleos
NATL
$3.52B
| $76.6M | ﹤0.01% |
1,757,594
+51,565
| +3% | +$2.13M |
|
1250
Victory Capital Holdings
VCTR
$6.08B
| $76.4M | ﹤0.01% |
1,166,989
-7,901
| -0.7% | -$551K |
|
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.