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 | |
|---|---|---|---|---|---|---|
1676
Rush Street Interactive
RSI
$2.81B
| $32.6M | ﹤0.01% |
2,187,204
+268,295
| +14% | +$3.33M |
|
|
HAPN
1677
Happen Inc
HAPN
$2.25B
| $32.5M | ﹤0.01% |
2,699,141
+34,221
| +1% | +$355K |
|
1678
Ferrovial N.V. Ordinary Shares
FER
$47.5B
| $32.4M | ﹤0.01% |
611,573
+2,708
| +0.4% | +$132K |
|
1679
Sotera Health
SHC
$5.39B
| $32.4M | ﹤0.01% |
2,913,391
+53,654
| +2% | +$628K |
|
1680
ManpowerGroup
MAN
$2.61B
| $32.4M | ﹤0.01% |
801,577
-11,544
| -1% | -$504K |
|
1681
MillerKnoll
MLKN
$1.64B
| $32.3M | ﹤0.01% |
1,664,399
-18,587
| -1% | -$317K |
|
|
VSXY
1682
Victoria's Secret
VSXY
$7.39B
| $32.2M | ﹤0.01% |
1,738,714
-105,267
| -6% | -$2.06M |
|
1683
Preferred Bank
PFBC
$1.26B
| $32.2M | ﹤0.01% |
372,081
+4,896
| +1% | +$403K |
|
1684
Spectrum Brands
SPB
$2.03B
| $32.1M | ﹤0.01% |
606,272
+172,132
| +40% | +$10.3M |
|
1685
Enact Holdings
ACT
$6.79B
| $32.1M | ﹤0.01% |
864,755
+18,001
| +2% | +$639K |
|
1686
CRA International
CRAI
$1.06B
| $32.1M | ﹤0.01% |
171,401
+3,138
| +2% | +$561K |
|
1687
Garrett Motion
GTX
$5.47B
| $32.1M | ﹤0.01% |
3,053,869
+1,466,048
| +92% | +$14.8M |
|
1688
Sarepta Therapeutics
SRPT
$1.94B
| $32.1M | ﹤0.01% |
1,875,997
+55,076
| +3% | +$2.35M |
|
1689
ACM Research
ACMR
$5.66B
| $32.1M | ﹤0.01% |
1,238,031
+21,366
| +2% | +$480K |
|
|
SAIL
1690
SailPoint Inc
SAIL
$10.6B
| $32.1M | ﹤0.01% |
1,402,224
+303,836
| +28% | +$5.74M |
|
1691
Hope Bancorp
HOPE
$1.83B
| $32M | ﹤0.01% |
2,986,576
+68,620
| +2% | +$692K |
|
|
NVEE
1692
DELISTED
NV5 Global
NVEE
| $32M | ﹤0.01% |
1,384,779
+31,311
| +2% | +$627K |
|
1693
AMC Entertainment Holdings
AMC
$2.26B
| $31.8M | ﹤0.01% |
10,253,501
+982,532
| +11% | +$2.92M |
|
1694
Disc Medicine
IRON
$3.09B
| $31.7M | ﹤0.01% |
598,589
+26,605
| +5% | +$1.25M |
|
1695
NextDecade
NEXT
$1.8B
| $31.6M | ﹤0.01% |
3,541,633
+386,613
| +12% | +$3M |
|
1696
Digi International
DGII
$3.23B
| $31.5M | ﹤0.01% |
903,706
-285
| -0% | -$8.72K |
|
1697
WisdomTree
WT
$3.44B
| $31.5M | ﹤0.01% |
2,733,168
-134,162
| -5% | -$1.26M |
|
|
BELFB
1698
Bel Fuse Inc Class B
BELFB
$4.25B
| $31.5M | ﹤0.01% |
321,922
+8,243
| +3% | +$622K |
|
1699
IDT Corp
IDT
$1.63B
| $31.4M | ﹤0.01% |
460,089
+19,275
| +4% | +$1.1M |
|
1700
CTS Corp
CTS
$1.82B
| $31.3M | ﹤0.01% |
734,996
+11,033
| +2% | +$446K |
|
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.