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 | |
|---|---|---|---|---|---|---|
2176
First Community Bankshares
FCBC
$933M
| $14.7M | ﹤0.01% |
422,828
+20,512
| +5% | +$776K |
|
2177
Ichor Holdings
ICHR
$2.67B
| $14.7M | ﹤0.01% |
836,600
+10,201
| +1% | +$194K |
|
2178
Kforce
KFRC
$1.08B
| $14.7M | ﹤0.01% |
488,940
-22,132
| -4% | -$784K |
|
2179
Sinclair Inc
SBGI
$1.03B
| $14.6M | ﹤0.01% |
968,241
-3,448
| -0.4% | -$49.5K |
|
2180
Sprout Social
SPT
$604M
| $14.6M | ﹤0.01% |
1,130,468
-111,434
| -9% | -$1.82M |
|
|
CBL
2181
CBL Properties
CBL
$1.78B
| $14.6M | ﹤0.01% |
477,413
+67,787
| +17% | +$1.97M |
|
2182
Scholastic
SCHL
$784M
| $14.6M | ﹤0.01% |
533,143
-27,272
| -5% | -$674K |
|
2183
Bakkt Inc
BKKT
$331M
| $14.6M | ﹤0.01% |
432,518
+185,341
| +75% | +$2.55M |
|
|
WSR
2184
DELISTED
Whitestone REIT
WSR
| $14.5M | ﹤0.01% |
1,184,277
+5,127
| +0.4% | +$64.6K |
|
2185
Bowman Consulting
BWMN
$731M
| $14.5M | ﹤0.01% |
342,807
-208
| -0.1% | -$7.79K |
|
2186
AnaptysBio
ANAB
$1.66B
| $14.5M | ﹤0.01% |
473,626
+10,268
| +2% | +$236K |
|
2187
Mativ Holdings
MATV
$667M
| $14.5M | ﹤0.01% |
1,280,741
-6,644
| -0.5% | -$65.8K |
|
2188
Climb Global Solutions
CLMB
$532M
| $14.5M | ﹤0.01% |
429,652
+56,616
| +15% | +$1.68M |
|
2189
Monro
MNRO
$352M
| $14.5M | ﹤0.01% |
804,975
-53,466
| -6% | -$877K |
|
2190
GCM Grosvenor
GCMG
$2.85B
| $14.4M | ﹤0.01% |
1,195,267
+102,989
| +9% | +$1.28M |
|
2191
Accel Entertainment
ACEL
$1.01B
| $14.4M | ﹤0.01% |
1,301,776
+35,079
| +3% | +$410K |
|
2192
World Acceptance Corp
WRLD
$875M
| $14.4M | ﹤0.01% |
85,119
+273
| +0.3% | +$46K |
|
|
HTB
2193
HomeTrust Bancshares
HTB
$837M
| $14.4M | ﹤0.01% |
351,073
-2,226
| -0.6% | -$89.1K |
|
2194
Metallus
MTUS
$892M
| $14.4M | ﹤0.01% |
868,677
-8,085
| -0.9% | -$132K |
|
2195
Nu Skin
NUS
$236M
| $14.3M | ﹤0.01% |
1,173,827
-1,222
| -0.1% | -$12.8K |
|
2196
ClearPoint Neuro
CLPT
$470M
| $14.3M | ﹤0.01% |
656,397
+31,597
| +5% | +$372K |
|
2197
OneSpan
OSPN
$624M
| $14.3M | ﹤0.01% |
899,600
-67,503
| -7% | -$1.03M |
|
2198
Arvinas
ARVN
$589M
| $14.2M | ﹤0.01% |
1,670,179
+85,087
| +5% | +$645K |
|
2199
JD.com
JD
$39.6B
| $14.2M | ﹤0.01% |
406,488
+8,222
| +2% | +$268K |
|
|
RC
2200
Ready Capital
RC
$294M
| $14.2M | ﹤0.01% |
3,672,083
-351,498
| -9% | -$1.48M |
|
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.