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 | |
|---|---|---|---|---|---|---|
1676
Cohu
COHU
$2.25B
| $36M | ﹤0.01% |
1,177,126
+60,351
| +5% | +$1.77M |
|
1677
Dillards
DDS
$9.05B
| $36M | ﹤0.01% |
62,959
+6,542
| +12% | +$4.08M |
|
1678
Ardelyx
ARDX
$1.28B
| $36M | ﹤0.01% |
6,007,455
+179,837
| +3% | +$1.19M |
|
1679
Sylvamo
SLVM
$1.53B
| $35.8M | ﹤0.01% |
848,254
+6,903
| +0.8% | +$323K |
|
1680
PACS Group
PACS
$7.4B
| $35.8M | ﹤0.01% |
1,113,743
+93,107
| +9% | +$3.42M |
|
1681
Enact Holdings
ACT
$6.58B
| $35.7M | ﹤0.01% |
874,323
+7,076
| +0.8% | +$289K |
|
1682
QCR Holdings
QCRH
$1.66B
| $35.6M | ﹤0.01% |
417,064
+8,359
| +2% | +$728K |
|
1683
Kanzhun
BZ
$6.81B
| $35.6M | ﹤0.01% |
2,680,505
-38,892
| -1% | -$659K |
|
1684
1st Source
SRCE
$2.08B
| $35.6M | ﹤0.01% |
513,706
+14,925
| +3% | +$1.01M |
|
1685
Ecovyst
ECVT
$1.35B
| $35.5M | ﹤0.01% |
2,763,454
+85,690
| +3% | +$968K |
|
1686
Central Garden & Pet Co Class A
CENTA
$2.43B
| $35.5M | ﹤0.01% |
1,093,793
+55,423
| +5% | +$1.77M |
|
1687
Kosmos Energy
KOS
$1.48B
| $35.4M | ﹤0.01% |
12,714,055
+1,441,737
| +13% | +$2.71M |
|
1688
CTS Corp
CTS
$1.69B
| $35.4M | ﹤0.01% |
740,063
+6,511
| +0.9% | +$327K |
|
1689
GeneDx Holdings
WGS
$1.76B
| $35.3M | ﹤0.01% |
549,147
+44,580
| +9% | +$4.07M |
|
1690
Arlo Technologies
ARLO
$1.5B
| $35.3M | ﹤0.01% |
2,478,211
+86,479
| +4% | +$1.16M |
|
1691
PENN Entertainment
PENN
$2.81B
| $35.3M | ﹤0.01% |
2,345,906
-59,125
| -2% | -$822K |
|
1692
Mineralys Therapeutics
MLYS
$2.45B
| $35.3M | ﹤0.01% |
1,301,135
+43,553
| +3% | +$1.28M |
|
1693
Sally Beauty Holdings
SBH
$1.43B
| $35.2M | ﹤0.01% |
2,539,463
+14,460
| +0.6% | +$221K |
|
|
ARI
1694
Apollo Commercial Real Estate
ARI
$890M
| $35.1M | ﹤0.01% |
3,324,652
+157,639
| +5% | +$1.64M |
|
1695
AtriCure
ATRC
$1.87B
| $35M | ﹤0.01% |
1,226,116
+34,618
| +3% | +$1.18M |
|
1696
AvePoint
AVPT
$2.69B
| $35M | ﹤0.01% |
3,677,284
+33,811
| +0.9% | +$381K |
|
1697
BellRing Brands
BRBR
$1.54B
| $35M | ﹤0.01% |
2,173,030
-137,140
| -6% | -$2.78M |
|
1698
Relay Therapeutics
RLAY
$4.12B
| $34.9M | ﹤0.01% |
3,510,636
+101,273
| +3% | +$906K |
|
1699
Flywire
FLYW
$2B
| $34.9M | ﹤0.01% |
2,994,302
+16,808
| +0.6% | +$211K |
|
1700
Winmark
WINA
$1.22B
| $34.8M | ﹤0.01% |
81,317
+2,690
| +3% | +$1.19M |
|
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.