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 | |
|---|---|---|---|---|---|---|
|
UCTT
1301
Ultra Clean Holdings
UCTT
$4.16B
| $70.9M | ﹤0.01% |
1,140,780
+51,351
| +5% | +$2.63M |
|
1302
SL Green Realty
SLG
$3.88B
| $70.9M | ﹤0.01% |
1,917,974
+63,233
| +3% | +$2.63M |
|
1303
American States Water
AWR
$3.39B
| $70.7M | ﹤0.01% |
934,365
+26,525
| +3% | +$1.96M |
|
1304
Travere Therapeutics
TVTX
$5.33B
| $70.4M | ﹤0.01% |
2,369,559
+226,064
| +11% | +$6.76M |
|
1305
Q2 Holdings
QTWO
$3.42B
| $70.4M | ﹤0.01% |
1,488,204
+2,758
| +0.2% | +$155K |
|
1306
Calix
CALX
$2.27B
| $70.3M | ﹤0.01% |
1,435,706
-9,632
| -0.7% | -$506K |
|
1307
Provident Financial Services
PFS
$3.11B
| $70.3M | ﹤0.01% |
3,321,507
+245,999
| +8% | +$5.25M |
|
|
VSNT
1308
Versant Media Group
VSNT
$5.01B
| $70.3M | ﹤0.01% |
+1,896,951
| New | +$63.9M |
|
1309
Impinj
PI
$3.89B
| $70.1M | ﹤0.01% |
681,968
+14,321
| +2% | +$1.91M |
|
1310
Western Union
WU
$2.57B
| $69.8M | ﹤0.01% |
7,997,812
+317,347
| +4% | +$3M |
|
|
WAY
1311
Waystar Holding Corp
WAY
$4.32B
| $69.7M | ﹤0.01% |
2,892,142
-505,911
| -15% | -$13.4M |
|
1312
Visteon
VC
$2.77B
| $69.5M | ﹤0.01% |
763,001
+54,561
| +8% | +$5.16M |
|
1313
McGrath RentCorp
MGRC
$2.94B
| $69.5M | ﹤0.01% |
630,238
+15,702
| +3% | +$1.75M |
|
1314
Kennametal
KMT
$2.68B
| $69.3M | ﹤0.01% |
1,919,005
+36,918
| +2% | +$1.35M |
|
1315
Boise Cascade
BCC
$2.74B
| $68.9M | ﹤0.01% |
908,767
-7,322
| -0.8% | -$587K |
|
1316
Haemonetics
HAE
$3.58B
| $68.7M | ﹤0.01% |
1,218,978
+24,427
| +2% | +$1.59M |
|
1317
Steven Madden
SHOO
$3.12B
| $68.6M | ﹤0.01% |
2,023,493
+245,759
| +14% | +$9.52M |
|
1318
StoneCo
STNE
$2.62B
| $68.5M | ﹤0.01% |
4,864,111
+7,575
| +0.2% | +$116K |
|
1319
Adeia
ADEA
$2.86B
| $68.5M | ﹤0.01% |
2,848,119
+48,674
| +2% | +$987K |
|
1320
Four Corners Property Trust
FCPT
$2.86B
| $68.4M | ﹤0.01% |
2,890,931
+37,963
| +1% | +$940K |
|
1321
Silgan Holdings
SLGN
$4.91B
| $68M | ﹤0.01% |
1,753,415
+8,670
| +0.5% | +$380K |
|
1322
Nicolet Bankshares
NIC
$3.57B
| $67.9M | ﹤0.01% |
456,977
+147,331
| +48% | +$21.4M |
|
1323
Minerals Technologies
MTX
$2.31B
| $67.9M | ﹤0.01% |
957,481
+59,631
| +7% | +$4.1M |
|
1324
Red Rock Resorts
RRR
$3.74B
| $67.8M | ﹤0.01% |
1,271,146
+82,482
| +7% | +$5.03M |
|
|
CSGS
1325
DELISTED
CSG Systems International
CSGS
| $67.8M | ﹤0.01% |
848,423
+22,215
| +3% | +$1.77M |
|
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.