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 | |
|---|---|---|---|---|---|---|
1401
Hilton Grand Vacations
HGV
$3.84B
| $59.4M | ﹤0.01% |
1,518,727
+45,931
| +3% | +$2.06M |
|
1402
Astronics
ATRO
$3.45B
| $59.2M | ﹤0.01% |
1,064,440
+156,777
| +17% | +$9.47M |
|
1403
Millicom
TIGO
$15.8B
| $59.1M | ﹤0.01% |
788,448
+11,470
| +1% | +$752K |
|
1404
First Bancorp
FBNC
$2.6B
| $59M | ﹤0.01% |
1,046,928
+37,571
| +4% | +$2.14M |
|
1405
Energy Fuels
UUUU
$2.82B
| $58.8M | ﹤0.01% |
3,168,642
+169,841
| +6% | +$3.52M |
|
1406
First Busey Corp
BUSE
$2.52B
| $58.5M | ﹤0.01% |
2,314,372
+167,099
| +8% | +$4.21M |
|
1407
Graphic Packaging
GPK
$3.26B
| $58.4M | ﹤0.01% |
5,872,912
+211,235
| +4% | +$2.66M |
|
1408
NETSCOUT
NTCT
$2.86B
| $58.3M | ﹤0.01% |
1,834,463
+27,935
| +2% | +$811K |
|
1409
RXO
RXO
$4.23B
| $58.3M | ﹤0.01% |
3,987,083
+110,595
| +3% | +$1.62M |
|
1410
WillScot Mobile Mini Holdings
WSC
$4.8B
| $58.2M | ﹤0.01% |
3,349,988
+82,399
| +3% | +$1.68M |
|
1411
Verra Mobility
VRRM
$615M
| $58.1M | ﹤0.01% |
4,066,831
+122,391
| +3% | +$2.24M |
|
1412
HNI Corp
HNI
$3B
| $57.9M | ﹤0.01% |
1,735,112
+163,189
| +10% | +$7.23M |
|
1413
BancFirst
BANF
$3.92B
| $57.9M | ﹤0.01% |
533,134
+17,218
| +3% | +$1.91M |
|
1414
OneSpaWorld
OSW
$2.67B
| $57.8M | ﹤0.01% |
2,516,798
+11,746
| +0.5% | +$250K |
|
1415
Oscar Health
OSCR
$8.5B
| $57.7M | ﹤0.01% |
5,032,255
+233,942
| +5% | +$3.3M |
|
1416
Opendoor
OPEN
$3.69B
| $57.7M | ﹤0.01% |
12,331,069
+717,496
| +6% | +$3.87M |
|
1417
Beam Therapeutics
BEAM
$2.58B
| $57.6M | ﹤0.01% |
2,418,592
+66,684
| +3% | +$1.85M |
|
1418
IPG Photonics
IPGP
$3.89B
| $57.4M | ﹤0.01% |
500,367
+15,212
| +3% | +$1.65M |
|
1419
Centuri Holdings
CTRI
$2.79B
| $57.3M | ﹤0.01% |
1,962,181
+159,938
| +9% | +$4.66M |
|
1420
RingCentral
RNG
$4.05B
| $57.2M | ﹤0.01% |
1,538,531
-11,731
| -0.8% | -$378K |
|
1421
National Vision
EYE
$1.6B
| $56.8M | ﹤0.01% |
2,193,910
+203,581
| +10% | +$5.53M |
|
1422
Dave Inc
DAVE
$5.12B
| $56.8M | ﹤0.01% |
326,340
+8,045
| +3% | +$1.56M |
|
1423
SiriusPoint
SPNT
$2.98B
| $56.8M | ﹤0.01% |
2,636,795
+188,985
| +8% | +$3.89M |
|
1424
Warner Music
WMG
$13.8B
| $56.7M | ﹤0.01% |
2,218,630
+10,625
| +0.5% | +$301K |
|
1425
NBT Bancorp
NBTB
$2.72B
| $56.6M | ﹤0.01% |
1,329,788
+56,852
| +4% | +$2.47M |
|
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.