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 | |
|---|---|---|---|---|---|---|
2026
BlackSky Technology
BKSY
$819M
| $18.7M | ﹤0.01% |
744,715
+26,225
| +4% | +$627K |
|
2027
Redwire
RDW
$2.11B
| $18.7M | ﹤0.01% |
2,203,141
+438,498
| +25% | +$4.3M |
|
2028
Annexon
ANNX
$841M
| $18.7M | ﹤0.01% |
3,377,823
+474,927
| +16% | +$2.67M |
|
|
MCW
2029
DELISTED
Mister Car Wash
MCW
| $18.7M | ﹤0.01% |
2,680,951
+60,967
| +2% | +$391K |
|
|
CTLP
2030
DELISTED
Cantaloupe
CTLP
| $18.6M | ﹤0.01% |
1,719,649
+97,598
| +6% | +$1.03M |
|
|
FLY
2031
Firefly Aerospace
FLY
$3.26B
| $18.6M | ﹤0.01% |
651,929
+43,732
| +7% | +$1.06M |
|
2032
First Financial Corp
THFF
$924M
| $18.6M | ﹤0.01% |
293,560
-29,218
| -9% | -$1.86M |
|
2033
BioLife Solutions
BLFS
$1.46B
| $18.5M | ﹤0.01% |
971,927
+18,801
| +2% | +$416K |
|
2034
ArriVent BioPharma
AVBP
$1.4B
| $18.5M | ﹤0.01% |
803,652
+50,133
| +7% | +$1.13M |
|
2035
Omeros
OMER
$821M
| $18.5M | ﹤0.01% |
1,752,323
+120,973
| +7% | +$1.43M |
|
2036
Theravance Biopharma
TBPH
$874M
| $18.5M | ﹤0.01% |
1,137,462
+198,738
| +21% | +$3.52M |
|
2037
MannKind Corp
MNKD
$1.22B
| $18.4M | ﹤0.01% |
7,505,147
+131,009
| +2% | +$584K |
|
|
SAFE
2038
Safehold
SAFE
$1.19B
| $18.3M | ﹤0.01% |
1,355,262
-145
| -0% | -$2.15K |
|
2039
Compass Minerals
CMP
$1.25B
| $18.3M | ﹤0.01% |
785,144
-19,725
| -2% | -$465K |
|
2040
Bitdeer Technologies
BTDR
$2.76B
| $18.3M | ﹤0.01% |
2,114,097
+415,279
| +24% | +$4.36M |
|
|
RHLD
2041
Resolute Holdings Management
RHLD
$1.06B
| $18.3M | ﹤0.01% |
112,604
-11,826
| -10% | -$2.16M |
|
2042
Farmers National Banc Corp
FMNB
$909M
| $18.1M | ﹤0.01% |
1,376,649
+462,991
| +51% | +$6.08M |
|
2043
Stagwell
STGW
$1.92B
| $18.1M | ﹤0.01% |
2,879,482
+25,914
| +0.9% | +$145K |
|
2044
Apogee Enterprises
APOG
$855M
| $18.1M | ﹤0.01% |
539,789
+17,103
| +3% | +$634K |
|
2045
Koppers
KOP
$954M
| $18.1M | ﹤0.01% |
467,609
+10,061
| +2% | +$336K |
|
2046
Barrett Business Services
BBSI
$995M
| $18.1M | ﹤0.01% |
618,513
-33,863
| -5% | -$1.12M |
|
|
BULL
2047
Webull Corp
BULL
$4.01B
| $18M | ﹤0.01% |
3,760,301
+127,151
| +3% | +$824K |
|
2048
Financial Institutions
FISI
$812M
| $18M | ﹤0.01% |
568,696
+86,541
| +18% | +$2.78M |
|
2049
Talkspace
TALK
$874M
| $18M | ﹤0.01% |
3,483,158
+69,333
| +2% | +$307K |
|
2050
Arm
ARM
$284B
| $18M | ﹤0.01% |
118,989
+3,246
| +3% | +$394K |
|
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.