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
|
+$958M |
| 2 |
AbbVie
ABBV
|
+$955M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$762M |
| 4 |
CRH
CRH
|
+$705M |
| 5 |
Walmart Inc
WMT
|
+$700M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
K
Kellanova
K
|
+$604M |
| 2 |
DuPont de Nemours
DD
|
+$568M |
| 3 |
Applied Materials
AMAT
|
+$558M |
| 4 |
IPG
Interpublic Group of Companies
IPG
|
+$277M |
| 5 |
Blackstone
BX
|
+$249M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.03% |
| 2 | Financials | 13.5% |
| 3 | Consumer Discretionary | 10.4% |
| 4 | Communication Services | 10.05% |
| 5 | Healthcare | 9.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1276
Brookfield Infrastructure
BIPC
$4.93B
| $71.8M | ﹤0.01% |
1,581,422
-7,405
| -0.5% | -$335K |
|
1277
Community Bank
CBU
$3.43B
| $71.7M | ﹤0.01% |
1,248,549
-2,518
| -0.2% | -$145K |
|
1278
Zillow
ZG
$7.53B
| $71.7M | ﹤0.01% |
1,050,820
-18,836
| -2% | -$1.32M |
|
1279
IDEAYA Biosciences
IDYA
$3.56B
| $71.7M | ﹤0.01% |
2,073,583
-76,450
| -4% | -$2.44M |
|
1280
StoneCo
STNE
$2.43B
| $71.6M | ﹤0.01% |
4,856,536
+1,251,385
| +35% | +$20.9M |
|
1281
Seacoast Banking Corp of Florida
SBCF
$3.44B
| $71.6M | ﹤0.01% |
2,279,078
+177,792
| +8% | +$5.54M |
|
1282
Western Union
WU
$2.23B
| $71.5M | ﹤0.01% |
7,680,465
-533,592
| -6% | -$4.71M |
|
1283
Phinia Inc
PHIN
$2.71B
| $71.4M | ﹤0.01% |
1,139,519
-9,554
| -0.8% | -$528K |
|
1284
Braze
BRZE
$3.12B
| $71.4M | ﹤0.01% |
2,082,739
+84,365
| +4% | +$2.5M |
|
|
TTAN
1285
ServiceTitan Inc
TTAN
$8.78B
| $71.4M | ﹤0.01% |
670,270
+26,273
| +4% | +$2.57M |
|
1286
Huron Consulting
HURN
$2.39B
| $71.4M | ﹤0.01% |
412,844
+232
| +0.1% | +$38K |
|
1287
Capri Holdings
CPRI
$1.77B
| $71.4M | ﹤0.01% |
2,924,405
-25,421
| -0.9% | -$588K |
|
1288
Avient
AVNT
$4.16B
| $71.3M | ﹤0.01% |
2,283,321
+11,801
| +0.5% | +$365K |
|
1289
Valvoline
VVV
$4.25B
| $71.1M | ﹤0.01% |
2,446,752
+36,943
| +2% | +$1.19M |
|
1290
Newmark Group
NMRK
$2.68B
| $71.1M | ﹤0.01% |
4,100,040
-26,349
| -0.6% | -$462K |
|
1291
Dave Inc
DAVE
$4.03B
| $70.5M | ﹤0.01% |
318,295
+75,576
| +31% | +$16.3M |
|
1292
Silgan Holdings
SLGN
$4.3B
| $70.4M | ﹤0.01% |
1,744,745
+31,405
| +2% | +$1.27M |
|
1293
Viking Therapeutics
VKTX
$3.97B
| $70.2M | ﹤0.01% |
1,994,509
+385,903
| +24% | +$13.7M |
|
1294
Liberty Energy
LBRT
$3.52B
| $70.1M | ﹤0.01% |
3,796,718
+414
| +0% | +$6.92K |
|
1295
Acadia Realty Trust
AKR
$2.84B
| $69.7M | ﹤0.01% |
3,392,747
+10,648
| +0.3% | +$212K |
|
|
PRMB
1296
Primo Brands
PRMB
$8.65B
| $69.6M | ﹤0.01% |
4,253,356
+11,617
| +0.3% | +$215K |
|
1297
Brighthouse Financial
BHF
$3.44B
| $69.4M | ﹤0.01% |
1,070,547
+4,537
| +0.4% | +$267K |
|
1298
Sotera Health
SHC
$5.39B
| $69.4M | ﹤0.01% |
3,931,834
+476,365
| +14% | +$7.88M |
|
1299
Americold
COLD
$4.17B
| $69.4M | ﹤0.01% |
5,393,193
+1,022,408
| +23% | +$12.5M |
|
1300
On Holding
ONON
$10.4B
| $69.3M | ﹤0.01% |
1,490,827
+67,239
| +5% | +$2.9M |
|
Similar funds
Geode Capital Management's Q4 2025 Portfolio in Review
As of Q4 2025, Geode Capital Management held 4,586 positions worth $1.62T, up 3.4% from $1.57T the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Geode Capital Management's Q4 2025 filing shows 113 new, 2,855 increased, 1,222 reduced and 117 closed positions. Its largest new stake was Qnity Electronics Inc: 5,358,208 shares worth $436M. The largest sale was Kellanova, an estimated $604M.
By sector, the portfolio is most concentrated in Technology at 33% of assets, down from 34% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q4 2025 buy was Qnity Electronics Inc: 5,358,208 shares worth $436M.
- Geode Capital Management added most to Microsoft in Q4 2025, an estimated $958M increase.
- Geode Capital Management's biggest Q4 2025 reduction was DuPont de Nemours, cutting an estimated $568M.
- Geode Capital Management fully exited Kellanova in Q4 2025, selling an estimated $604M.
- Geode Capital Management's ten largest holdings make up 34% of its $1.62T portfolio in Q4 2025.
- Geode Capital Management opened 113 new positions and closed 117 in Q4 2025.
- Geode Capital Management's portfolio value rose 3.4% quarter-over-quarter to $1.62T.
Based on Geode Capital Management's 13F filing for Q4 2025, filed 9 Feb 2026.