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 | |
|---|---|---|---|---|---|---|
|
MPT
1476
Medical Properties Trust
MPT
$2.42B
| $45.4M | ﹤0.01% |
10,535,078
-591,288
| -5% | -$2.92M |
|
1477
PENN Entertainment
PENN
$2.57B
| $45.4M | ﹤0.01% |
2,538,333
-30,265
| -1% | -$475K |
|
1478
BioCryst Pharmaceuticals
BCRX
$2.71B
| $45.3M | ﹤0.01% |
5,054,610
+93,973
| +2% | +$875K |
|
1479
Yeti Holdings
YETI
$3.85B
| $45.3M | ﹤0.01% |
1,435,563
-58,721
| -4% | -$1.76M |
|
|
CSGS
1480
DELISTED
CSG Systems International
CSGS
| $45.2M | ﹤0.01% |
691,448
-6,685
| -1% | -$417K |
|
1481
BrightSpring Health Services
BTSG
$11.8B
| $44.9M | ﹤0.01% |
1,905,203
+552,095
| +41% | +$11.5M |
|
1482
Mercury Insurance
MCY
$5.84B
| $44.9M | ﹤0.01% |
666,783
+12,728
| +2% | +$757K |
|
1483
Standex International
SXI
$4B
| $44.9M | ﹤0.01% |
286,756
+7,522
| +3% | +$1.13M |
|
1484
City Holding Co
CHCO
$2.07B
| $44.8M | ﹤0.01% |
366,155
-3,438
| -0.9% | -$403K |
|
1485
GeneDx Holdings
WGS
$2.46B
| $44.7M | ﹤0.01% |
484,714
+91,989
| +23% | +$7.22M |
|
1486
Banc of California
BANC
$3.1B
| $44.7M | ﹤0.01% |
3,182,459
-87,769
| -3% | -$1.2M |
|
1487
SharkNinja
SN
$26.2B
| $44.5M | ﹤0.01% |
449,783
+30,744
| +7% | +$2.66M |
|
1488
Sunrun
RUN
$2.37B
| $44.5M | ﹤0.01% |
5,440,575
-21,197
| -0.4% | -$167K |
|
1489
Liberty Media Series A
FWONA
$23.7B
| $44.5M | ﹤0.01% |
468,383
-73,446
| -14% | -$6.2M |
|
1490
Huazhu Hotels Group
HTHT
$12.7B
| $44.4M | ﹤0.01% |
1,323,802
-12,009
| -0.9% | -$421K |
|
1491
IDEAYA Biosciences
IDYA
$3.56B
| $44.4M | ﹤0.01% |
2,113,164
+33,286
| +2% | +$639K |
|
1492
Denali Therapeutics
DNLI
$4.04B
| $44.4M | ﹤0.01% |
3,172,305
+135,129
| +4% | +$1.9M |
|
1493
National Vision
EYE
$1.56B
| $44.4M | ﹤0.01% |
1,927,296
-18,036
| -0.9% | -$307K |
|
1494
Kulicke & Soffa
KLIC
$4.98B
| $44.3M | ﹤0.01% |
1,280,025
+10,722
| +0.8% | +$349K |
|
1495
Supernus Pharmaceuticals
SUPN
$2.78B
| $44.1M | ﹤0.01% |
1,399,610
+72,991
| +6% | +$2.34M |
|
1496
Sunstone Hotel Investors
SHO
$2.01B
| $44.1M | ﹤0.01% |
5,079,258
-100,719
| -2% | -$868K |
|
1497
First Bancorp
FBNC
$2.72B
| $44M | ﹤0.01% |
997,996
-659
| -0.1% | -$26.7K |
|
1498
Vishay Intertechnology
VSH
$5.15B
| $44M | ﹤0.01% |
2,769,591
-37,161
| -1% | -$517K |
|
1499
Pitney Bowes
PBI
$2.28B
| $43.8M | ﹤0.01% |
4,012,086
+240,544
| +6% | +$2.26M |
|
1500
Clearway Energy Class C
CWEN
$7.06B
| $43.7M | ﹤0.01% |
1,365,256
-6,341
| -0.5% | -$189K |
|
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.