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 | |
|---|---|---|---|---|---|---|
1426
Amneal Pharmaceuticals
AMRX
$5.72B
| $56.5M | ﹤0.01% |
4,546,048
+559,494
| +14% | +$7.51M |
|
1427
Edgewise Therapeutics
EWTX
$4.39B
| $56.4M | ﹤0.01% |
1,789,819
+43,597
| +2% | +$1.26M |
|
|
NSA
1428
DELISTED
National Storage Affiliates Trust
NSA
| $56.3M | ﹤0.01% |
1,490,229
+48,719
| +3% | +$1.65M |
|
1429
ABM Industries
ABM
$2.8B
| $56.1M | ﹤0.01% |
1,456,884
+6,013
| +0.4% | +$260K |
|
1430
ArcBest
ARCB
$3.44B
| $56.1M | ﹤0.01% |
569,799
+7,646
| +1% | +$725K |
|
1431
Immunome
IMNM
$2.52B
| $56M | ﹤0.01% |
2,560,664
+199,283
| +8% | +$4.44M |
|
1432
Tango Therapeutics
TNGX
$4.34B
| $56M | ﹤0.01% |
2,675,777
+122,121
| +5% | +$1.7M |
|
1433
Robert Half
RHI
$3.61B
| $55.8M | ﹤0.01% |
2,196,954
-199,194
| -8% | -$5.27M |
|
1434
Iridium Communications
IRDM
$4.85B
| $55.7M | ﹤0.01% |
2,007,011
+99,214
| +5% | +$2.23M |
|
1435
Alpha Metallurgical Resources
AMR
$1.82B
| $55.7M | ﹤0.01% |
271,116
+4,361
| +2% | +$884K |
|
1436
SPS Commerce
SPSC
$2.25B
| $55.6M | ﹤0.01% |
997,959
+26,564
| +3% | +$1.91M |
|
1437
Greif
GEF
$4.47B
| $55.6M | ﹤0.01% |
828,218
+134,504
| +19% | +$9.52M |
|
1438
Diamondrock Hospitality Co
DRH
$2.63B
| $55.3M | ﹤0.01% |
5,901,166
+386,365
| +7% | +$3.68M |
|
1439
HUB Group
HUBG
$3.01B
| $55.3M | ﹤0.01% |
1,532,861
+44,009
| +3% | +$1.86M |
|
1440
First Hawaiian
FHB
$3.42B
| $55.2M | ﹤0.01% |
2,238,651
+52,228
| +2% | +$1.34M |
|
1441
BioCryst Pharmaceuticals
BCRX
$2.37B
| $55.1M | ﹤0.01% |
5,782,776
+728,990
| +14% | +$5.66M |
|
1442
Northwest Natural Holdings
NWN
$2.17B
| $54.9M | ﹤0.01% |
1,032,239
+42,661
| +4% | +$2.11M |
|
1443
Parsons
PSN
$6.28B
| $54.8M | ﹤0.01% |
1,011,283
+64,980
| +7% | +$4.15M |
|
1444
Upstart Holdings
UPST
$2.58B
| $54.5M | ﹤0.01% |
2,124,078
+55,563
| +3% | +$1.95M |
|
1445
DNOW Inc
DNOW
$2.63B
| $54.2M | ﹤0.01% |
4,553,806
+124,276
| +3% | +$1.68M |
|
1446
Alarm.com
ALRM
$2.56B
| $54.2M | ﹤0.01% |
1,255,771
+36,039
| +3% | +$1.72M |
|
1447
The GEO Group
GEO
$4.13B
| $54.2M | ﹤0.01% |
3,222,157
-29,155
| -0.9% | -$463K |
|
1448
Helios Technologies
HLIO
$2.64B
| $54.2M | ﹤0.01% |
836,831
+49,311
| +6% | +$3.3M |
|
1449
FB Financial Corp
FBK
$2.95B
| $54.1M | ﹤0.01% |
1,040,742
+65,445
| +7% | +$3.68M |
|
1450
ACM Research
ACMR
$5.83B
| $54M | ﹤0.01% |
1,371,227
+28,328
| +2% | +$1.5M |
|
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.