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 | |
|---|---|---|---|---|---|---|
1751
Leggett & Platt
LEG
$1.5B
| $31.5M | ﹤0.01% |
3,185,720
+11,987
| +0.4% | +$137K |
|
1752
Bausch Health
BHC
$1.71B
| $31.4M | ﹤0.01% |
4,228,871
+2,505,189
| +145% | +$15M |
|
1753
TriMas Corp
TRS
$1.44B
| $31.4M | ﹤0.01% |
872,537
-3,619
| -0.4% | -$130K |
|
1754
FIVE9
FIVN
$1.95B
| $31.3M | ﹤0.01% |
2,062,852
+66,470
| +3% | +$1.16M |
|
|
ORC
1755
Orchid Island Capital
ORC
$1.3B
| $31.3M | ﹤0.01% |
4,450,245
+547,005
| +14% | +$4.13M |
|
1756
Enovis
ENOV
$1.6B
| $31.2M | ﹤0.01% |
1,369,914
+17,032
| +1% | +$403K |
|
1757
Liberty Live Group Series A
LLYVA
$9.01B
| $31.2M | ﹤0.01% |
339,816
-1,219
| -0.4% | -$107K |
|
1758
CBIZ
CBZ
$2.42B
| $31.1M | ﹤0.01% |
1,159,379
+13,823
| +1% | +$488K |
|
1759
Merchants Bancorp
MBIN
$2.21B
| $31.1M | ﹤0.01% |
725,435
+10,041
| +1% | +$409K |
|
1760
Gibraltar Industries
ROCK
$1.35B
| $31M | ﹤0.01% |
777,629
+40,042
| +5% | +$1.93M |
|
1761
Liberty Global Class C
LBTYK
$3.32B
| $31M | ﹤0.01% |
2,639,855
-93,163
| -3% | -$1.07M |
|
1762
Gorman-Rupp
GRC
$2.05B
| $31M | ﹤0.01% |
498,462
+11,319
| +2% | +$669K |
|
1763
World Kinect Corp
WKC
$2.02B
| $31M | ﹤0.01% |
1,341,329
+43,080
| +3% | +$1.09M |
|
1764
monday.com
MNDY
$3.51B
| $30.9M | ﹤0.01% |
449,912
+11,836
| +3% | +$1.14M |
|
1765
Astec Industries
ASTE
$1.28B
| $30.9M | ﹤0.01% |
573,739
+14,846
| +3% | +$796K |
|
1766
Teekay Tankers
TNK
$2.61B
| $30.9M | ﹤0.01% |
421,085
+62,287
| +17% | +$4.17M |
|
1767
Tennant Co
TNC
$1.47B
| $30.8M | ﹤0.01% |
464,147
+31,645
| +7% | +$2.3M |
|
1768
NextDecade
NEXT
$1.73B
| $30.8M | ﹤0.01% |
4,021,660
+564,497
| +16% | +$3.21M |
|
|
UMH
1769
UMH Properties
UMH
$1.33B
| $30.8M | ﹤0.01% |
2,131,198
+58,546
| +3% | +$906K |
|
1770
Amylyx Pharmaceuticals
AMLX
$2.03B
| $30.7M | ﹤0.01% |
2,210,932
+45,398
| +2% | +$639K |
|
1771
Bristow Group
VTOL
$1.36B
| $30.6M | ﹤0.01% |
652,745
+20,986
| +3% | +$922K |
|
1772
Kemper
KMPR
$1.74B
| $30.5M | ﹤0.01% |
996,238
-75,639
| -7% | -$2.59M |
|
1773
Universal Insurance Holdings
UVE
$1.21B
| $30.4M | ﹤0.01% |
891,146
+75,662
| +9% | +$2.44M |
|
|
MIAX
1774
Miami International Holdings
MIAX
$4.17B
| $30.4M | ﹤0.01% |
779,782
+266,985
| +52% | +$11M |
|
1775
TripAdvisor
TRIP
$1.67B
| $30.3M | ﹤0.01% |
2,841,737
+10,147
| +0.4% | +$118K |
|
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.