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 | |
|---|---|---|---|---|---|---|
1551
Chemours
CC
$2.29B
| $39.9M | ﹤0.01% |
3,484,416
+1,020,933
| +41% | +$11.5M |
|
1552
Arlo Technologies
ARLO
$1.5B
| $39.8M | ﹤0.01% |
2,347,314
+60,838
| +3% | +$778K |
|
1553
World Kinect Corp
WKC
$1.89B
| $39.5M | ﹤0.01% |
1,391,937
-13,202
| -0.9% | -$350K |
|
1554
Papa John's
PZZA
$793M
| $39.4M | ﹤0.01% |
805,492
+5,071
| +0.6% | +$207K |
|
1555
Recursion Pharmaceuticals
RXRX
$1.76B
| $39.4M | ﹤0.01% |
7,776,408
+1,332,428
| +21% | +$6.55M |
|
|
GTY
1556
Getty Realty Corp
GTY
$2.04B
| $39.2M | ﹤0.01% |
1,418,927
+44,766
| +3% | +$1.28M |
|
1557
Adient
ADNT
$1.44B
| $39.1M | ﹤0.01% |
2,007,559
-5,666
| -0.3% | -$83.8K |
|
1558
Madison Square Garden
MSGE
$4.18B
| $39M | ﹤0.01% |
976,516
-7,532
| -0.8% | -$266K |
|
|
GRAL
1559
GRAIL Inc
GRAL
$3.08B
| $39M | ﹤0.01% |
757,770
+285,331
| +60% | +$10.3M |
|
1560
Global Net Lease
GNL
$1.9B
| $38.9M | ﹤0.01% |
5,153,702
-88,630
| -2% | -$672K |
|
1561
AtriCure
ATRC
$2.22B
| $38.7M | ﹤0.01% |
1,181,737
+14,577
| +1% | +$474K |
|
1562
Rocket Companies
RKT
$39.8B
| $38.7M | ﹤0.01% |
2,730,504
+517,684
| +23% | +$6.72M |
|
1563
Materion
MTRN
$5.9B
| $38.7M | ﹤0.01% |
487,186
+10,468
| +2% | +$826K |
|
1564
NCR Voyix
VYX
$1.12B
| $38.6M | ﹤0.01% |
3,292,897
-75,236
| -2% | -$761K |
|
1565
Turning Point Brands
TPB
$1.73B
| $38.6M | ﹤0.01% |
509,743
+7,104
| +1% | +$483K |
|
1566
Newell Brands
NWL
$2.62B
| $38.5M | ﹤0.01% |
7,132,390
-66,115
| -0.9% | -$350K |
|
1567
ICF International
ICFI
$1.61B
| $38.5M | ﹤0.01% |
454,451
+2,786
| +0.6% | +$236K |
|
|
FOLD
1568
DELISTED
Amicus Therapeutics
FOLD
| $38.4M | ﹤0.01% |
6,706,489
-57,278
| -0.8% | -$370K |
|
1569
Progyny
PGNY
$1.95B
| $38.4M | ﹤0.01% |
1,744,108
-59,013
| -3% | -$1.29M |
|
1570
Beam Therapeutics
BEAM
$2.76B
| $38.3M | ﹤0.01% |
2,254,261
+54,806
| +2% | +$954K |
|
1571
Howard Hughes
HHH
$3.98B
| $38.3M | ﹤0.01% |
567,967
+2,427
| +0.4% | +$166K |
|
1572
CONMED
CNMD
$1.48B
| $38.3M | ﹤0.01% |
734,529
+19,944
| +3% | +$1.09M |
|
1573
Westamerica Bancorp
WABC
$1.38B
| $38.3M | ﹤0.01% |
789,647
-518
| -0.1% | -$24.8K |
|
1574
Lakeland Financial Corp
LKFN
$1.55B
| $38.2M | ﹤0.01% |
622,041
+511
| +0.1% | +$29.7K |
|
1575
Northwest Natural Holdings
NWN
$2.12B
| $38M | ﹤0.01% |
956,771
+5,251
| +0.6% | +$218K |
|
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.