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 |
Applovin
APP
|
+$1.56B |
| 2 |
Amazon
AMZN
|
+$1.34B |
| 3 |
Eli Lilly
LLY
|
+$1.26B |
| 4 |
NVIDIA
NVDA
|
+$1.08B |
| 5 |
Chevron
CVX
|
+$1.03B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HES
Hess
HES
|
+$964M |
| 2 |
ANSS
Ansys
ANSS
|
+$924M |
| 3 |
Johnson & Johnson
JNJ
|
+$753M |
| 4 |
JNPR
Juniper Networks
JNPR
|
+$418M |
| 5 |
American Express
AXP
|
+$253M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.52% |
| 2 | Financials | 13.57% |
| 3 | Consumer Discretionary | 10.61% |
| 4 | Communication Services | 9.71% |
| 5 | Healthcare | 9.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1826
Navitas Semiconductor
NVTS
$3.57B
| $28.3M | ﹤0.01% |
3,916,298
+576,105
| +17% | +$3.86M |
|
1827
Sonic Automotive
SAH
$2.51B
| $28.2M | ﹤0.01% |
370,591
+28,406
| +8% | +$2.27M |
|
1828
Intuitive Machines
LUNR
$2.82B
| $28.1M | ﹤0.01% |
2,674,077
+80,942
| +3% | +$821K |
|
1829
SolarEdge
SEDG
$1.98B
| $28M | ﹤0.01% |
757,191
+7,602
| +1% | +$227K |
|
|
NNE
1830
Nano Nuclear Energy
NNE
$1.1B
| $28M | ﹤0.01% |
726,285
+377,181
| +108% | +$13.4M |
|
1831
Talos Energy
TALO
$2.58B
| $28M | ﹤0.01% |
2,914,450
+41,473
| +1% | +$372K |
|
1832
Edgewise Therapeutics
EWTX
$4.69B
| $27.9M | ﹤0.01% |
1,717,641
-79,574
| -4% | -$1.13M |
|
1833
Astec Industries
ASTE
$975M
| $27.8M | ﹤0.01% |
578,477
+249
| +0% | +$10.9K |
|
1834
Liberty Latin America Class C
LILAK
$1.65B
| $27.8M | ﹤0.01% |
3,624,645
+22,647
| +0.6% | +$155K |
|
1835
Certara
CERT
$1.24B
| $27.8M | ﹤0.01% |
2,273,031
+255,212
| +13% | +$2.79M |
|
1836
Fastly Inc
FSLY
$4.78B
| $27.7M | ﹤0.01% |
3,244,491
+32,238
| +1% | +$239K |
|
1837
National Beverage
FIZZ
$2.93B
| $27.7M | ﹤0.01% |
750,124
-29,166
| -4% | -$1.26M |
|
|
HOUS
1838
DELISTED
Anywhere Real Estate
HOUS
| $27.7M | ﹤0.01% |
2,610,779
-12,196
| -0.5% | -$71.7K |
|
1839
Asana
ASAN
$2.28B
| $27.6M | ﹤0.01% |
2,067,495
-86,316
| -4% | -$1.22M |
|
1840
Empire State Realty Trust
ESRT
$836M
| $27.3M | ﹤0.01% |
3,565,083
+14,623
| +0.4% | +$112K |
|
|
HSII
1841
DELISTED
Heidrick & Struggles
HSII
| $27.3M | ﹤0.01% |
547,563
+6,167
| +1% | +$297K |
|
1842
V2X
VVX
$2.55B
| $27.1M | ﹤0.01% |
465,958
+91,405
| +24% | +$4.89M |
|
1843
Ramaco Resources Class A
METC
$667M
| $27.1M | ﹤0.01% |
814,979
+127,636
| +19% | +$2.97M |
|
1844
G-III Apparel Group
GIII
$1.43B
| $27M | ﹤0.01% |
1,013,561
+75,209
| +8% | +$1.91M |
|
1845
Stoke Therapeutics
STOK
$2.02B
| $27M | ﹤0.01% |
1,147,000
+174,079
| +18% | +$2.98M |
|
|
PLYM
1846
DELISTED
Plymouth Industrial REIT
PLYM
| $26.9M | ﹤0.01% |
1,205,904
+126,521
| +12% | +$2.32M |
|
|
AAT
1847
American Assets Trust
AAT
$1.41B
| $26.9M | ﹤0.01% |
1,323,698
-67,780
| -5% | -$1.37M |
|
1848
LGI Homes
LGIH
$1.37B
| $26.9M | ﹤0.01% |
520,148
+11,501
| +2% | +$671K |
|
1849
Ondas Inc
ONDS
$5.08B
| $26.9M | ﹤0.01% |
3,481,130
+2,136,540
| +159% | +$8.87M |
|
1850
RLJ Lodging Trust
RLJ
$1.67B
| $26.9M | ﹤0.01% |
3,730,811
-208,175
| -5% | -$1.57M |
|
Similar funds
Geode Capital Management's Q3 2025 Portfolio in Review
As of Q3 2025, Geode Capital Management held 4,592 positions worth $1.57T, up 9.9% from $1.43T the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Geode Capital Management's Q3 2025 filing shows 148 new, 2,907 increased, 1,130 reduced and 119 closed positions. Its largest new stake was Paramount Skydance Corp: 8,343,504 shares worth $158M. The largest sale was Hess, an estimated $964M.
By sector, the portfolio is most concentrated in Technology at 34% of assets, up from 32% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q3 2025 buy was Paramount Skydance Corp: 8,343,504 shares worth $158M.
- Geode Capital Management added most to Applovin in Q3 2025, an estimated $1.56B increase.
- Geode Capital Management's biggest Q3 2025 reduction was Johnson & Johnson, cutting an estimated $753M.
- Geode Capital Management fully exited Hess in Q3 2025, selling an estimated $964M.
- Geode Capital Management's ten largest holdings make up 34% of its $1.57T portfolio in Q3 2025.
- Geode Capital Management opened 148 new positions and closed 119 in Q3 2025.
- Geode Capital Management's portfolio value rose 9.9% quarter-over-quarter to $1.57T.
Based on Geode Capital Management's 13F filing for Q3 2025, filed 12 Nov 2025.