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 | |
|---|---|---|---|---|---|---|
2176
Capital City Bank Group
CCBG
$897M
| $13.1M | ﹤0.01% |
333,319
+5,186
| +2% | +$191K |
|
2177
Liquidity Services
LQDT
$1.34B
| $13.1M | ﹤0.01% |
554,752
+26,889
| +5% | +$725K |
|
2178
Mesa Laboratories
MLAB
$630M
| $13.1M | ﹤0.01% |
138,769
+1,253
| +0.9% | +$138K |
|
2179
Consolidated Water Co
CWCO
$504M
| $13M | ﹤0.01% |
433,685
+4,711
| +1% | +$122K |
|
2180
JD.com
JD
$39.5B
| $13M | ﹤0.01% |
398,266
+2,732
| +0.7% | +$93.2K |
|
2181
Arcus Biosciences
RCUS
$3.65B
| $13M | ﹤0.01% |
1,596,329
+207,097
| +15% | +$1.77M |
|
2182
Paymentus
PAY
$5.36B
| $13M | ﹤0.01% |
396,348
+163,508
| +70% | +$5.47M |
|
2183
ArriVent BioPharma
AVBP
$1.41B
| $13M | ﹤0.01% |
596,018
-18,505
| -3% | -$384K |
|
|
OPTU
2184
Optimum Communications Inc
OPTU
$237M
| $13M | ﹤0.01% |
6,052,090
+3,233,449
| +115% | +$7.58M |
|
2185
Forward Air
FWRD
$684M
| $12.9M | ﹤0.01% |
526,865
-27,261
| -5% | -$484K |
|
2186
Mineralys Therapeutics
MLYS
$2.3B
| $12.9M | ﹤0.01% |
954,560
+152,560
| +19% | +$2.21M |
|
2187
Heritage Insurance Holdings
HRTG
$984M
| $12.9M | ﹤0.01% |
517,803
+8,112
| +2% | +$173K |
|
2188
Allient
ALNT
$1.86B
| $12.9M | ﹤0.01% |
355,595
-820
| -0.2% | -$22.8K |
|
|
SNCY
2189
DELISTED
Sun Country Airlines
SNCY
| $12.9M | ﹤0.01% |
1,098,124
+136,924
| +14% | +$1.5M |
|
2190
American Public Education
APEI
$834M
| $12.9M | ﹤0.01% |
422,854
+17,079
| +4% | +$452K |
|
2191
Myers Industries
MYE
$1.26B
| $12.9M | ﹤0.01% |
888,732
+16,265
| +2% | +$198K |
|
|
ODP
2192
DELISTED
ODP
ODP
| $12.9M | ﹤0.01% |
709,407
-20,875
| -3% | -$327K |
|
2193
John B. Sanfilippo & Son
JBSS
$1.01B
| $12.9M | ﹤0.01% |
203,293
-10,562
| -5% | -$678K |
|
2194
Daily Journal
DJCO
$817M
| $12.8M | ﹤0.01% |
30,422
-705
| -2% | -$282K |
|
2195
Genco Shipping & Trading
GNK
$1.14B
| $12.8M | ﹤0.01% |
982,641
-55,703
| -5% | -$737K |
|
2196
Miller Industries
MLR
$635M
| $12.8M | ﹤0.01% |
288,809
+7,252
| +3% | +$315K |
|
2197
Core Laboratories
CLB
$570M
| $12.8M | ﹤0.01% |
1,114,560
+32,934
| +3% | +$391K |
|
2198
Stagwell
STGW
$2.29B
| $12.8M | ﹤0.01% |
2,852,617
+544,464
| +24% | +$2.74M |
|
2199
NovaGold Resources
NG
$3.4B
| $12.8M | ﹤0.01% |
3,134,610
+23,720
| +0.8% | +$88.8K |
|
|
ALX
2200
Alexander's
ALX
$1.4B
| $12.8M | ﹤0.01% |
56,839
-24
| -0% | -$5.17K |
|
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.