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 | |
|---|---|---|---|---|---|---|
|
TTAN
1551
ServiceTitan Inc
TTAN
$6.72B
| $44.9M | ﹤0.01% |
707,586
+37,316
| +6% | +$2.88M |
|
1552
Nelnet
NNI
$4.79B
| $44.7M | ﹤0.01% |
346,688
+31,865
| +10% | +$4.19M |
|
1553
Xometry
XMTR
$4.77B
| $44.7M | ﹤0.01% |
1,093,935
+34,428
| +3% | +$1.83M |
|
|
HAPN
1554
Happen Inc
HAPN
$2.08B
| $44.6M | ﹤0.01% |
3,115,654
+412,158
| +15% | +$6.9M |
|
1555
Stock Yards Bancorp
SYBT
$2.41B
| $44.6M | ﹤0.01% |
672,941
+23,312
| +4% | +$1.55M |
|
1556
Navitas Semiconductor
NVTS
$2.66B
| $44.6M | ﹤0.01% |
5,083,274
+665,866
| +15% | +$6.13M |
|
1557
Marriott Vacations Worldwide
VAC
$3.24B
| $44.5M | ﹤0.01% |
683,406
+21,577
| +3% | +$1.34M |
|
1558
Choice Hotels
CHH
$5.03B
| $44.4M | ﹤0.01% |
429,339
-2,577
| -0.6% | -$268K |
|
1559
Dentsply Sirona
XRAY
$2.59B
| $44.4M | ﹤0.01% |
3,823,637
+87,716
| +2% | +$1.09M |
|
1560
Werner Enterprises
WERN
$2.54B
| $44.2M | ﹤0.01% |
1,503,218
+21,873
| +1% | +$709K |
|
1561
First Commonwealth Financial
FCF
$2.12B
| $44.1M | ﹤0.01% |
2,509,298
+41,838
| +2% | +$737K |
|
1562
Zillow
ZG
$7.02B
| $43.9M | ﹤0.01% |
1,061,118
+10,298
| +1% | +$544K |
|
|
DHC
1563
Diversified Healthcare Trust
DHC
$2.26B
| $43.9M | ﹤0.01% |
6,608,497
+735,179
| +13% | +$4.66M |
|
1564
Alamo Group
ALG
$2.01B
| $43.9M | ﹤0.01% |
265,754
+8,931
| +3% | +$1.68M |
|
1565
Symbotic
SYM
$5.11B
| $43.7M | ﹤0.01% |
822,048
+94,739
| +13% | +$5.42M |
|
1566
Encore Capital Group
ECPG
$1.93B
| $43.7M | ﹤0.01% |
622,584
+77,716
| +14% | +$4.78M |
|
1567
Napco Security Technologies
NSSC
$1.28B
| $43.7M | ﹤0.01% |
1,108,092
+79,229
| +8% | +$3.32M |
|
1568
Skyward Specialty Insurance
SKWD
$2.45B
| $43.6M | ﹤0.01% |
998,295
+61,175
| +7% | +$2.78M |
|
|
SMA
1569
SmartStop Self Storage REIT
SMA
$1.92B
| $43.5M | ﹤0.01% |
1,435,868
+429,316
| +43% | +$13.8M |
|
1570
Evertec
EVTC
$1.83B
| $43.4M | ﹤0.01% |
1,538,566
-6,161
| -0.4% | -$175K |
|
1571
Credit Acceptance
CACC
$6B
| $43.4M | ﹤0.01% |
102,506
-7,863
| -7% | -$3.71M |
|
|
SEM
1572
DELISTED
Select Medical
SEM
| $43.4M | ﹤0.01% |
2,661,944
-455,694
| -15% | -$7.13M |
|
1573
Sarepta Therapeutics
SRPT
$1.66B
| $43.3M | ﹤0.01% |
1,988,796
+84,471
| +4% | +$1.63M |
|
1574
Stoke Therapeutics
STOK
$1.82B
| $43.1M | ﹤0.01% |
1,322,260
+156,115
| +13% | +$5.12M |
|
|
JBS
1575
JBS N.V.
JBS
$40.4B
| $42.9M | ﹤0.01% |
2,412,238
-82,054
| -3% | -$1.28M |
|
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.