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 | |
|---|---|---|---|---|---|---|
1601
TeraWulf
WULF
$8.58B
| $36.5M | ﹤0.01% |
8,332,853
-77,408
| -0.9% | -$264K |
|
1602
Wendy's
WEN
$1.65B
| $36.5M | ﹤0.01% |
3,195,270
-137,401
| -4% | -$1.68M |
|
1603
Viasat
VSAT
$12B
| $36.5M | ﹤0.01% |
2,497,451
-80,863
| -3% | -$818K |
|
|
ELME
1604
Elme Communities
ELME
$144M
| $36.4M | ﹤0.01% |
2,291,769
-685
| -0% | -$10.9K |
|
1605
Kanzhun
BZ
$7.19B
| $36.4M | ﹤0.01% |
2,059,619
+176,041
| +9% | +$2.96M |
|
1606
Ingevity
NGVT
$2.62B
| $36.2M | ﹤0.01% |
840,459
+1,619
| +0.2% | +$62.5K |
|
1607
Arcutis Biotherapeutics
ARQT
$3.3B
| $36.2M | ﹤0.01% |
2,582,567
+35,620
| +1% | +$499K |
|
1608
Teladoc Health
TDOC
$1.22B
| $36.2M | ﹤0.01% |
4,150,197
+84,356
| +2% | +$611K |
|
1609
S&T Bancorp
STBA
$1.82B
| $36.1M | ﹤0.01% |
955,356
+9,452
| +1% | +$345K |
|
|
NTST
1610
NETSTREIT Corp
NTST
$2.08B
| $36.1M | ﹤0.01% |
2,130,784
-8,199
| -0.4% | -$131K |
|
1611
Knowles
KN
$3.33B
| $36M | ﹤0.01% |
2,044,978
-8,797
| -0.4% | -$142K |
|
1612
Sweetgreen
SG
$693M
| $36M | ﹤0.01% |
2,420,856
+54,538
| +2% | +$899K |
|
1613
Plug Power
PLUG
$3.2B
| $35.9M | ﹤0.01% |
24,071,904
+3,125,542
| +15% | +$3.12M |
|
1614
Innodata
INOD
$2.01B
| $35.9M | ﹤0.01% |
700,217
+69,475
| +11% | +$2.74M |
|
1615
Century Communities
CCS
$2B
| $35.9M | ﹤0.01% |
636,480
-10,506
| -2% | -$589K |
|
1616
Hayward Holdings
HAYW
$3.25B
| $35.8M | ﹤0.01% |
2,593,289
+259,349
| +11% | +$3.5M |
|
1617
SSR Mining
SSRM
$6.63B
| $35.8M | ﹤0.01% |
2,806,393
+42,151
| +2% | +$475K |
|
1618
Sable Offshore Corp
SOC
$840M
| $35.7M | ﹤0.01% |
1,624,893
+368,059
| +29% | +$8.56M |
|
1619
BCE
BCE
$21.6B
| $35.6M | ﹤0.01% |
1,462,464
+183,734
| +14% | +$4.02M |
|
1620
Rapid7
RPD
$827M
| $35.6M | ﹤0.01% |
1,538,756
+25,546
| +2% | +$606K |
|
1621
Photronics
PLAB
$1.97B
| $35.6M | ﹤0.01% |
1,888,042
+26,507
| +1% | +$496K |
|
1622
Brady Corp
BRC
$4.48B
| $35.5M | ﹤0.01% |
521,923
+809
| +0.2% | +$56.3K |
|
1623
AstraZeneca
AZN
$246B
| $35.3M | ﹤0.01% |
252,528
+7,013
| +3% | +$983K |
|
1624
Helmerich & Payne
HP
$4.29B
| $35.3M | ﹤0.01% |
2,326,632
-10,928
| -0.5% | -$200K |
|
1625
Omnicell
OMCL
$1.69B
| $35.2M | ﹤0.01% |
1,195,896
+30,678
| +3% | +$918K |
|
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.