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 | |
|---|---|---|---|---|---|---|
1626
American Superconductor
AMSC
$1.48B
| $39.6M | ﹤0.01% |
1,169,152
+78,442
| +7% | +$2.48M |
|
1627
Compañía de Minas Buenaventura
BVN
$7.85B
| $39.5M | ﹤0.01% |
1,105,973
-24,101
| -2% | -$870K |
|
1628
German American Bancorp
GABC
$1.82B
| $39.3M | ﹤0.01% |
939,958
+25,321
| +3% | +$1.05M |
|
1629
The Greenbrier Companies
GBX
$1.61B
| $39.3M | ﹤0.01% |
745,884
+18,047
| +2% | +$953K |
|
1630
Nurix Therapeutics
NRIX
$2.43B
| $39.1M | ﹤0.01% |
2,520,229
+135,231
| +6% | +$2.24M |
|
1631
Monarch Casino & Resort
MCRI
$2.14B
| $39.1M | ﹤0.01% |
408,559
+11,715
| +3% | +$1.11M |
|
1632
Comstock Resources
CRK
$3.97B
| $38.9M | ﹤0.01% |
1,844,197
+48,128
| +3% | +$1.02M |
|
1633
Acadia Healthcare
ACHC
$3.17B
| $38.9M | ﹤0.01% |
1,661,281
+28,089
| +2% | +$508K |
|
1634
Expro Ltd
XPRO
$1.79B
| $38.9M | ﹤0.01% |
2,231,845
-26,844
| -1% | -$441K |
|
1635
Adient
ADNT
$1.6B
| $38.8M | ﹤0.01% |
1,920,944
+4,422
| +0.2% | +$98.3K |
|
1636
Eos Energy Enterprises
EOSE
$1.23B
| $38.8M | ﹤0.01% |
7,812,894
+607,387
| +8% | +$6.53M |
|
1637
Ultragenyx Pharmaceutical
RARE
$2.65B
| $38.8M | ﹤0.01% |
1,849,391
+11,183
| +0.6% | +$252K |
|
1638
Herbalife
HLF
$1.23B
| $38.7M | ﹤0.01% |
2,628,437
+50,803
| +2% | +$830K |
|
1639
Pebblebrook Hotel Trust
PEB
$2.16B
| $38.7M | ﹤0.01% |
3,062,864
+28,912
| +1% | +$354K |
|
1640
Crane NXT
CXT
$3.04B
| $38.4M | ﹤0.01% |
946,864
+29,767
| +3% | +$1.44M |
|
1641
Select Water Solutions
WTTR
$2.51B
| $38.4M | ﹤0.01% |
2,507,610
+222,681
| +10% | +$2.91M |
|
1642
Ocular Therapeutix
OCUL
$1.86B
| $38.4M | ﹤0.01% |
4,529,185
+172,638
| +4% | +$1.65M |
|
|
XHR
1643
Xenia Hotels & Resorts
XHR
$1.98B
| $38.3M | ﹤0.01% |
2,578,891
+83,250
| +3% | +$1.25M |
|
1644
Marqeta
MQ
$1.8B
| $38.2M | ﹤0.01% |
2,342,569
-29,132
| -1% | -$491K |
|
1645
Kodiak Sciences
KOD
$2.59B
| $38.1M | ﹤0.01% |
1,000,411
+102,719
| +11% | +$2.65M |
|
1646
Omnicell
OMCL
$1.86B
| $38.1M | ﹤0.01% |
1,142,463
+14,880
| +1% | +$623K |
|
1647
Bank First Corp
BFC
$1.67B
| $38.1M | ﹤0.01% |
282,107
+34,832
| +14% | +$4.75M |
|
|
SILA
1648
DELISTED
Sila Realty Trust
SILA
| $38.1M | ﹤0.01% |
1,608,944
+79,056
| +5% | +$1.94M |
|
1649
TriCo Bancshares
TCBK
$1.85B
| $38.1M | ﹤0.01% |
801,006
+23,180
| +3% | +$1.13M |
|
1650
REX American Resources
REX
$1.46B
| $38.1M | ﹤0.01% |
835,548
+139,878
| +20% | +$5.07M |
|
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.