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 | |
|---|---|---|---|---|---|---|
|
DCH
1726
Dauch Corp
DCH
$1.3B
| $32.7M | ﹤0.01% |
5,506,678
+2,721,947
| +98% | +$18.9M |
|
1727
Tencent Music
TME
$15.4B
| $32.6M | ﹤0.01% |
3,549,442
-281,866
| -7% | -$4.17M |
|
1728
Triumph Financial Inc
TFIN
$1.81B
| $32.6M | ﹤0.01% |
546,859
+14,181
| +3% | +$886K |
|
|
NPKI
1729
NPK International
NPKI
$1.18B
| $32.5M | ﹤0.01% |
2,244,164
+266,409
| +13% | +$3.7M |
|
|
GTM
1730
ZoomInfo Technologies
GTM
$908M
| $32.5M | ﹤0.01% |
5,426,404
-23,931
| -0.4% | -$176K |
|
1731
Flowers Foods
FLO
$1.64B
| $32.4M | ﹤0.01% |
3,977,728
+42,340
| +1% | +$425K |
|
1732
La-Z-Boy
LZB
$1.62B
| $32.4M | ﹤0.01% |
1,008,166
-22,616
| -2% | -$817K |
|
|
MRX
1733
Marex Group Limited Ordinary Shares
MRX
$4.62B
| $32.4M | ﹤0.01% |
726,494
+16,770
| +2% | +$662K |
|
1734
Tandem Diabetes Care
TNDM
$1.14B
| $32.2M | ﹤0.01% |
1,679,863
+30,480
| +2% | +$662K |
|
1735
Quantum Computing Inc
QUBT
$1.77B
| $32.2M | ﹤0.01% |
4,700,305
+135,113
| +3% | +$1.24M |
|
1736
GigaCloud Technology
GCT
$1.42B
| $32.1M | ﹤0.01% |
706,424
+79,088
| +13% | +$3.21M |
|
1737
NovaGold Resources
NG
$2.6B
| $32M | ﹤0.01% |
3,557,860
-173,058
| -5% | -$1.78M |
|
1738
Westamerica Bancorp
WABC
$1.39B
| $32M | ﹤0.01% |
613,162
+6,695
| +1% | +$340K |
|
1739
AdaptHealth
AHCO
$1.5B
| $31.9M | ﹤0.01% |
2,680,935
+53,629
| +2% | +$549K |
|
|
PPTA
1740
Perpetua Resources
PPTA
$2.25B
| $31.9M | ﹤0.01% |
1,133,637
+44,157
| +4% | +$1.33M |
|
1741
Wolverine World Wide
WWW
$1.56B
| $31.9M | ﹤0.01% |
1,951,640
+62,405
| +3% | +$1.1M |
|
1742
Universal Corp
UVV
$1.34B
| $31.8M | ﹤0.01% |
603,690
-20,691
| -3% | -$1.11M |
|
|
SOBO
1743
South Bow Corp
SOBO
$7.81B
| $31.8M | ﹤0.01% |
879,125
+186,584
| +27% | +$5.67M |
|
1744
Novavax
NVAX
$1.26B
| $31.7M | ﹤0.01% |
3,898,413
+177,090
| +5% | +$1.61M |
|
1745
Simply Good Foods
SMPL
$943M
| $31.6M | ﹤0.01% |
2,204,463
-128,517
| -6% | -$2.22M |
|
1746
Alphatec Holdings
ATEC
$1.35B
| $31.6M | ﹤0.01% |
2,906,422
+78,396
| +3% | +$1.14M |
|
1747
Carter's
CRI
$1.43B
| $31.6M | ﹤0.01% |
884,068
+27,265
| +3% | +$992K |
|
1748
DHT Holdings
DHT
$2.96B
| $31.6M | ﹤0.01% |
1,729,861
+43,787
| +3% | +$697K |
|
1749
Deluxe
DLX
$1.22B
| $31.6M | ﹤0.01% |
1,146,635
+92,931
| +9% | +$2.43M |
|
1750
Lindsay Corp
LNN
$1.15B
| $31.5M | ﹤0.01% |
264,755
-380
| -0.1% | -$48.2K |
|
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.