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 | |
|---|---|---|---|---|---|---|
1326
Teradata
TDC
$2.49B
| $66.6M | ﹤0.01% |
2,188,750
-74,710
| -3% | -$1.95M |
|
1327
Envista
NVST
$4.61B
| $66.6M | ﹤0.01% |
3,067,342
-38,952
| -1% | -$799K |
|
1328
Tencent Music
TME
$13.9B
| $66.6M | ﹤0.01% |
3,831,308
+218,949
| +6% | +$4.44M |
|
1329
Dana Inc
DAN
$3.2B
| $66.5M | ﹤0.01% |
2,797,672
-318,770
| -10% | -$6.74M |
|
1330
HNI Corp
HNI
$3.55B
| $66.1M | ﹤0.01% |
1,571,923
+464,362
| +42% | +$19.6M |
|
|
TPH
1331
DELISTED
Tri Pointe Homes
TPH
| $66M | ﹤0.01% |
2,097,510
-458,758
| -18% | -$14.9M |
|
1332
Hilton Grand Vacations
HGV
$3.49B
| $65.9M | ﹤0.01% |
1,472,796
+25,020
| +2% | +$1.06M |
|
1333
American States Water
AWR
$3.49B
| $65.8M | ﹤0.01% |
907,840
+2,812
| +0.3% | +$207K |
|
1334
Four Corners Property Trust
FCPT
$2.74B
| $65.8M | ﹤0.01% |
2,852,968
+110,791
| +4% | +$2.64M |
|
1335
GeneDx Holdings
WGS
$2.46B
| $65.6M | ﹤0.01% |
504,567
+15,170
| +3% | +$2.08M |
|
1336
Integer Holdings
ITGR
$4.25B
| $65.3M | ﹤0.01% |
832,911
+3,664
| +0.4% | +$292K |
|
1337
Beam Therapeutics
BEAM
$2.76B
| $65.2M | ﹤0.01% |
2,351,908
-39,035
| -2% | -$996K |
|
1338
Robert Half
RHI
$4.25B
| $65.1M | ﹤0.01% |
2,396,148
+275,004
| +13% | +$7.85M |
|
1339
NCR Atleos
NATL
$3.47B
| $65M | ﹤0.01% |
1,706,029
+1,830
| +0.1% | +$68.6K |
|
1340
McGrath RentCorp
MGRC
$2.94B
| $64.5M | ﹤0.01% |
614,536
+956
| +0.2% | +$104K |
|
1341
monday.com
MNDY
$3.63B
| $64.3M | ﹤0.01% |
438,076
+42,655
| +11% | +$7.18M |
|
1342
Dyne Therapeutics
DYN
$4.89B
| $63.8M | ﹤0.01% |
3,263,429
+395,824
| +14% | +$7.5M |
|
|
EFOR
1343
Everforth Inc
EFOR
$1.34B
| $63.7M | ﹤0.01% |
1,322,632
-15,821
| -1% | -$729K |
|
1344
Goodyear
GT
$1.74B
| $63.5M | ﹤0.01% |
7,245,230
+449,911
| +7% | +$3.55M |
|
1345
HUB Group
HUBG
$2.46B
| $63.5M | ﹤0.01% |
1,488,852
-1,379
| -0.1% | -$52.4K |
|
|
CSGS
1346
DELISTED
CSG Systems International
CSGS
| $63.4M | ﹤0.01% |
826,208
+2,013
| +0.2% | +$149K |
|
1347
Allegro MicroSystems
ALGM
$7.92B
| $63.2M | ﹤0.01% |
2,393,968
+24,839
| +1% | +$684K |
|
1348
Bank of Hawaii
BOH
$3.13B
| $63.1M | ﹤0.01% |
923,360
-4,265
| -0.5% | -$281K |
|
1349
Urban Edge Properties
UE
$2.75B
| $63M | ﹤0.01% |
3,284,098
+14,361
| +0.4% | +$279K |
|
1350
Xometry
XMTR
$5.34B
| $63M | ﹤0.01% |
1,059,507
-2,340
| -0.2% | -$132K |
|
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.