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 | |
|---|---|---|---|---|---|---|
2151
BlueLinx
BXC
$699M
| $13.9M | ﹤0.01% |
186,699
-8,828
| -5% | -$617K |
|
2152
Mission Produce
AVO
$1.15B
| $13.9M | ﹤0.01% |
1,183,208
+123,678
| +12% | +$1.34M |
|
2153
Orion
OEC
$362M
| $13.8M | ﹤0.01% |
1,318,222
-5,242
| -0.4% | -$59.3K |
|
2154
Green Dot
GDOT
$770M
| $13.8M | ﹤0.01% |
1,280,956
+5,933
| +0.5% | +$53.6K |
|
|
RPC
2155
Ridgepost Capital
RPC
$988M
| $13.8M | ﹤0.01% |
1,349,102
+268,018
| +25% | +$2.87M |
|
2156
B2Gold
BTG
$6.7B
| $13.8M | ﹤0.01% |
3,065,285
+432,776
| +16% | +$1.42M |
|
2157
Opko Health
OPK
$1.04B
| $13.8M | ﹤0.01% |
10,424,473
+1,995,633
| +24% | +$2.73M |
|
|
UHT
2158
Universal Health Realty Income Trust
UHT
$572M
| $13.8M | ﹤0.01% |
344,184
+1,428
| +0.4% | +$56.2K |
|
2159
Sturm, Ruger & Co
RGR
$600M
| $13.7M | ﹤0.01% |
382,183
-6,716
| -2% | -$250K |
|
2160
Tiptree Inc
TIPT
$679M
| $13.7M | ﹤0.01% |
581,461
+8,174
| +1% | +$182K |
|
|
NLOP
2161
Net Lease Office Properties
NLOP
$174M
| $13.7M | ﹤0.01% |
420,381
+6,153
| +1% | +$188K |
|
2162
Oxford Industries
OXM
$548M
| $13.5M | ﹤0.01% |
335,994
-9,713
| -3% | -$488K |
|
|
STKL
2163
DELISTED
SunOpta
STKL
| $13.5M | ﹤0.01% |
2,330,166
+98,077
| +4% | +$515K |
|
2164
Metallus
MTUS
$894M
| $13.5M | ﹤0.01% |
876,762
-55,061
| -6% | -$733K |
|
2165
Red Violet
RDVT
$1.18B
| $13.5M | ﹤0.01% |
273,818
+12,102
| +5% | +$528K |
|
2166
Sinclair Inc
SBGI
$1.03B
| $13.4M | ﹤0.01% |
971,689
+129,277
| +15% | +$1.84M |
|
2167
Xencor
XNCR
$1.71B
| $13.4M | ﹤0.01% |
1,703,664
+29,316
| +2% | +$263K |
|
2168
Washington Trust Bancorp
WASH
$767M
| $13.4M | ﹤0.01% |
473,378
+6,570
| +1% | +$183K |
|
2169
Aurinia Pharmaceuticals
AUPH
$2.01B
| $13.4M | ﹤0.01% |
1,577,060
-157,240
| -9% | -$1.26M |
|
2170
Byrna Technologies
BYRN
$97.8M
| $13.3M | ﹤0.01% |
431,849
+29,666
| +7% | +$725K |
|
|
MTSR
2171
DELISTED
Metsera Inc
MTSR
| $13.3M | ﹤0.01% |
466,955
+32,308
| +7% | +$802K |
|
|
CTO
2172
CTO Realty Growth
CTO
$821M
| $13.3M | ﹤0.01% |
769,177
+40,694
| +6% | +$736K |
|
|
HTB
2173
HomeTrust Bancshares
HTB
$835M
| $13.2M | ﹤0.01% |
353,299
+30,537
| +9% | +$1.07M |
|
2174
American Express Global Business Travel
GBTG
$4.94B
| $13.2M | ﹤0.01% |
2,094,786
-268,483
| -11% | -$1.72M |
|
|
AVNS
2175
DELISTED
Avanos Medical
AVNS
| $13.1M | ﹤0.01% |
1,074,049
-2,497
| -0.2% | -$31.4K |
|
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.