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 | |
|---|---|---|---|---|---|---|
1376
InvenTrust Properties
IVT
$2.59B
| $54.6M | ﹤0.01% |
1,991,420
+2,169
| +0.1% | +$60.3K |
|
1377
Walker & Dunlop
WD
$1.45B
| $54.4M | ﹤0.01% |
771,212
+21,446
| +3% | +$1.55M |
|
1378
Vertex
VERX
$2B
| $54.3M | ﹤0.01% |
1,535,368
+185,762
| +14% | +$7.07M |
|
1379
First Hawaiian
FHB
$3.36B
| $54.1M | ﹤0.01% |
2,165,142
-28,713
| -1% | -$673K |
|
1380
NBT Bancorp
NBTB
$2.78B
| $54M | ﹤0.01% |
1,298,769
+126,718
| +11% | +$5.28M |
|
1381
Viavi Solutions
VIAV
$10.6B
| $53.8M | ﹤0.01% |
5,346,077
-74,141
| -1% | -$717K |
|
1382
Provident Financial Services
PFS
$3.24B
| $53.8M | ﹤0.01% |
3,069,463
+41,758
| +1% | +$693K |
|
1383
LCI Industries
LCII
$2.6B
| $53.8M | ﹤0.01% |
589,603
+8,942
| +2% | +$763K |
|
|
CON
1384
Concentra Group Holdings
CON
$4.4B
| $53.7M | ﹤0.01% |
2,612,000
+77,185
| +3% | +$1.65M |
|
1385
Polaris
PII
$3.9B
| $53.3M | ﹤0.01% |
1,311,659
+404,178
| +45% | +$15.2M |
|
1386
Evertec
EVTC
$1.82B
| $53.2M | ﹤0.01% |
1,476,778
+9,506
| +0.6% | +$337K |
|
1387
O-I Glass
OI
$1.04B
| $53.2M | ﹤0.01% |
3,610,300
-34,776
| -1% | -$445K |
|
1388
Alamo Group
ALG
$2.01B
| $53.2M | ﹤0.01% |
243,470
+4,927
| +2% | +$940K |
|
1389
Dana Inc
DAN
$3.2B
| $53.1M | ﹤0.01% |
3,096,938
+24,110
| +0.8% | +$360K |
|
1390
Comstock Resources
CRK
$4.09B
| $53M | ﹤0.01% |
1,913,239
-242,153
| -11% | -$5.51M |
|
1391
Vericel Corp
VCEL
$2.29B
| $52.8M | ﹤0.01% |
1,240,389
+38,799
| +3% | +$1.61M |
|
1392
Addus HomeCare
ADUS
$2.2B
| $52.7M | ﹤0.01% |
457,090
+15,543
| +4% | +$1.68M |
|
1393
Twist Bioscience
TWST
$7.85B
| $52.4M | ﹤0.01% |
1,424,377
+4,438
| +0.3% | +$153K |
|
1394
Mirum Pharmaceuticals
MIRM
$6.04B
| $52.4M | ﹤0.01% |
1,029,616
+65,951
| +7% | +$2.94M |
|
1395
Trustmark
TRMK
$2.79B
| $52.3M | ﹤0.01% |
1,435,093
-54,528
| -4% | -$1.87M |
|
1396
Enerpac Tool Group
EPAC
$1.91B
| $52.3M | ﹤0.01% |
1,289,990
+5,314
| +0.4% | +$224K |
|
1397
Vipshop
VIPS
$6.94B
| $52.3M | ﹤0.01% |
3,498,791
-69,774
| -2% | -$988K |
|
1398
Veracyte
VCYT
$3.59B
| $52.2M | ﹤0.01% |
1,931,400
-3,459
| -0.2% | -$100K |
|
1399
Phinia Inc
PHIN
$2.71B
| $52.2M | ﹤0.01% |
1,172,873
-19,553
| -2% | -$825K |
|
1400
Kymera Therapeutics
KYMR
$9.48B
| $52.1M | ﹤0.01% |
1,193,112
+59,347
| +5% | +$2.04M |
|
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.