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 | |
|---|---|---|---|---|---|---|
|
WSR
2126
DELISTED
Whitestone REIT
WSR
| $14.7M | ﹤0.01% |
1,179,150
-40,820
| -3% | -$520K |
|
2127
Embecta
EMBC
$288M
| $14.7M | ﹤0.01% |
1,511,996
+44,822
| +3% | +$504K |
|
|
INN
2128
Summit Hotel Properties
INN
$655M
| $14.6M | ﹤0.01% |
2,877,261
+50,295
| +2% | +$221K |
|
|
PRSU
2129
Pursuit Attractions and Hospitality Inc
PRSU
$1.29B
| $14.5M | ﹤0.01% |
504,467
+25,156
| +5% | +$742K |
|
2130
Ennis
EBF
$555M
| $14.5M | ﹤0.01% |
798,109
+25,975
| +3% | +$487K |
|
2131
argenx
ARGX
$54B
| $14.5M | ﹤0.01% |
26,257
-326
| -1% | -$189K |
|
|
MOFG
2132
DELISTED
MidWestOne Financial Group
MOFG
| $14.5M | ﹤0.01% |
502,898
+58,709
| +13% | +$1.66M |
|
2133
Malibu Boats
MBUU
$573M
| $14.4M | ﹤0.01% |
460,158
-19,567
| -4% | -$589K |
|
|
INVX
2134
Innovex International
INVX
$2.16B
| $14.4M | ﹤0.01% |
922,305
+45,174
| +5% | +$694K |
|
2135
Tronox
TROX
$958M
| $14.3M | ﹤0.01% |
2,826,014
+31,538
| +1% | +$172K |
|
2136
IMAX
IMAX
$2.88B
| $14.3M | ﹤0.01% |
511,769
+9,451
| +2% | +$245K |
|
2137
Eagle Bancorp
EGBN
$878M
| $14.3M | ﹤0.01% |
733,007
+4,392
| +0.6% | +$81.5K |
|
2138
Phibro Animal Health
PAHC
$1.38B
| $14.2M | ﹤0.01% |
554,927
+7,841
| +1% | +$171K |
|
2139
PRA Group
PRAA
$775M
| $14.2M | ﹤0.01% |
960,839
+14,197
| +1% | +$226K |
|
2140
Seneca Foods Class A
SENEA
$1.31B
| $14.1M | ﹤0.01% |
139,457
+10,357
| +8% | +$932K |
|
2141
Mid Penn Bancorp
MPB
$970M
| $14.1M | ﹤0.01% |
501,446
+88,398
| +21% | +$2.39M |
|
2142
Castle Biosciences
CSTL
$954M
| $14.1M | ﹤0.01% |
689,926
+40,073
| +6% | +$742K |
|
2143
Birkenstock
BIRK
$7.66B
| $14.1M | ﹤0.01% |
285,816
+88,390
| +45% | +$4.54M |
|
2144
Kaspi.kz JSC
KSPI
$18.8B
| $14.1M | ﹤0.01% |
165,512
-438
| -0.3% | -$37.4K |
|
2145
N-able
NABL
$676M
| $14M | ﹤0.01% |
1,732,516
+73,405
| +4% | +$548K |
|
2146
Digital Turbine
APPS
$1.54B
| $14M | ﹤0.01% |
2,378,047
+47,812
| +2% | +$197K |
|
2147
Oil-Dri
ODC
$1.27B
| $14M | ﹤0.01% |
237,607
+7,812
| +3% | +$379K |
|
2148
World Acceptance Corp
WRLD
$887M
| $14M | ﹤0.01% |
84,846
+4,869
| +6% | +$694K |
|
|
RYZ
2149
Ryerson Holding Corp
RYZ
$1.5B
| $13.9M | ﹤0.01% |
644,892
+6,000
| +0.9% | +$129K |
|
2150
FIGS
FIGS
$2.45B
| $13.9M | ﹤0.01% |
2,464,816
-594,376
| -19% | -$2.74M |
|
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.