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
|
+$958M |
| 2 |
AbbVie
ABBV
|
+$955M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$762M |
| 4 |
CRH
CRH
|
+$705M |
| 5 |
Walmart Inc
WMT
|
+$700M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
K
Kellanova
K
|
+$604M |
| 2 |
DuPont de Nemours
DD
|
+$568M |
| 3 |
Applied Materials
AMAT
|
+$558M |
| 4 |
IPG
Interpublic Group of Companies
IPG
|
+$277M |
| 5 |
Blackstone
BX
|
+$249M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.03% |
| 2 | Financials | 13.5% |
| 3 | Consumer Discretionary | 10.4% |
| 4 | Communication Services | 10.05% |
| 5 | Healthcare | 9.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1576
Edgewise Therapeutics
EWTX
$4.73B
| $43.3M | ﹤0.01% |
1,746,222
+28,581
| +2% | +$574K |
|
1577
Symbotic
SYM
$5.46B
| $43.3M | ﹤0.01% |
727,309
+104,789
| +17% | +$6.92M |
|
1578
Northwest Bancshares
NWBI
$2.31B
| $43.3M | ﹤0.01% |
3,606,094
-2,732
| -0.1% | -$33.2K |
|
1579
Crane NXT
CXT
$2.94B
| $43.2M | ﹤0.01% |
917,097
+13,218
| +1% | +$781K |
|
1580
Alamo Group
ALG
$2.01B
| $43.1M | ﹤0.01% |
256,823
+1,976
| +0.8% | +$344K |
|
1581
Knowles
KN
$3.29B
| $43.1M | ﹤0.01% |
2,011,285
-17,001
| -0.8% | -$387K |
|
1582
Millicom
TIGO
$16B
| $43.1M | ﹤0.01% |
776,978
-14,345
| -2% | -$722K |
|
1583
Par Pacific Holdings
PARR
$4.07B
| $43M | ﹤0.01% |
1,222,100
+21,254
| +2% | +$845K |
|
1584
Napco Security Technologies
NSSC
$1.38B
| $42.9M | ﹤0.01% |
1,028,863
+4,324
| +0.4% | +$182K |
|
1585
Atlanta Braves Holdings Series B
BATRK
$3.43B
| $42.9M | ﹤0.01% |
1,086,388
+2,944
| +0.3% | +$116K |
|
1586
Flowers Foods
FLO
$1.59B
| $42.8M | ﹤0.01% |
3,935,388
+545,194
| +16% | +$6.33M |
|
1587
Dentsply Sirona
XRAY
$2.28B
| $42.7M | ﹤0.01% |
3,735,921
-47,869
| -1% | -$562K |
|
1588
Xenon Pharmaceuticals
XENE
$6.18B
| $42.7M | ﹤0.01% |
952,679
-24,756
| -3% | -$1.04M |
|
1589
Delek US
DK
$4.17B
| $42.6M | ﹤0.01% |
1,436,776
+40,038
| +3% | +$1.43M |
|
1590
Park Hotels & Resorts
PK
$3.03B
| $42.6M | ﹤0.01% |
4,074,158
-385,727
| -9% | -$4.13M |
|
1591
Hillman Solutions
HLMN
$1.72B
| $42.5M | ﹤0.01% |
4,905,112
-5,087
| -0.1% | -$45.8K |
|
1592
TriNet
TNET
$3.13B
| $42.5M | ﹤0.01% |
717,984
-3,007
| -0.4% | -$179K |
|
1593
Veeco
VECO
$3.32B
| $42.4M | ﹤0.01% |
1,481,558
+15,200
| +1% | +$451K |
|
1594
Olin
OLN
$2.17B
| $42.3M | ﹤0.01% |
2,030,636
-192,323
| -9% | -$4.15M |
|
1595
Ultragenyx Pharmaceutical
RARE
$2.62B
| $42.3M | ﹤0.01% |
1,838,208
+257,701
| +16% | +$8.47M |
|
1596
Stock Yards Bancorp
SYBT
$2.63B
| $42.2M | ﹤0.01% |
649,629
-5,063
| -0.8% | -$340K |
|
1597
Flywire
FLYW
$2.15B
| $42.2M | ﹤0.01% |
2,977,494
-6,151
| -0.2% | -$84.2K |
|
1598
Vishay Intertechnology
VSH
$5.23B
| $42.1M | ﹤0.01% |
2,907,928
+10,917
| +0.4% | +$165K |
|
1599
Helios Technologies
HLIO
$2.68B
| $42.1M | ﹤0.01% |
787,520
-551
| -0.1% | -$29.7K |
|
1600
Brady Corp
BRC
$4.45B
| $42.1M | ﹤0.01% |
536,544
+3,699
| +0.7% | +$286K |
|
Similar funds
Geode Capital Management's Q4 2025 Portfolio in Review
As of Q4 2025, Geode Capital Management held 4,586 positions worth $1.62T, up 3.4% from $1.57T the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Geode Capital Management's Q4 2025 filing shows 113 new, 2,855 increased, 1,222 reduced and 117 closed positions. Its largest new stake was Qnity Electronics Inc: 5,358,208 shares worth $436M. The largest sale was Kellanova, an estimated $604M.
By sector, the portfolio is most concentrated in Technology at 33% of assets, down from 34% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q4 2025 buy was Qnity Electronics Inc: 5,358,208 shares worth $436M.
- Geode Capital Management added most to Microsoft in Q4 2025, an estimated $958M increase.
- Geode Capital Management's biggest Q4 2025 reduction was DuPont de Nemours, cutting an estimated $568M.
- Geode Capital Management fully exited Kellanova in Q4 2025, selling an estimated $604M.
- Geode Capital Management's ten largest holdings make up 34% of its $1.62T portfolio in Q4 2025.
- Geode Capital Management opened 113 new positions and closed 117 in Q4 2025.
- Geode Capital Management's portfolio value rose 3.4% quarter-over-quarter to $1.62T.
Based on Geode Capital Management's 13F filing for Q4 2025, filed 9 Feb 2026.