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 | |
|---|---|---|---|---|---|---|
|
CHYM
2226
Chime Financial
CHYM
$12.2B
| $13.6M | ﹤0.01% |
672,753
+396,923
| +144% | +$11.3M |
|
2227
SI-BONE Inc
SIBN
$849M
| $13.6M | ﹤0.01% |
920,607
+8,468
| +0.9% | +$138K |
|
2228
Ascendis Pharma A/S
ASND
$16.2B
| $13.5M | ﹤0.01% |
68,048
+7,244
| +12% | +$1.35M |
|
2229
BlueLinx
BXC
$705M
| $13.5M | ﹤0.01% |
184,788
-1,911
| -1% | -$151K |
|
|
UHT
2230
Universal Health Realty Income Trust
UHT
$573M
| $13.5M | ﹤0.01% |
344,215
+31
| +0% | +$1.25K |
|
2231
United States Antimony
UAMY
$799M
| $13.5M | ﹤0.01% |
2,171,750
+216,256
| +11% | +$904K |
|
2232
Arhaus
ARHS
$1.37B
| $13.5M | ﹤0.01% |
1,266,152
+12,005
| +1% | +$126K |
|
|
ALX
2233
Alexander's
ALX
$1.4B
| $13.4M | ﹤0.01% |
57,168
+329
| +0.6% | +$77.3K |
|
2234
Forestar Group
FOR
$1.51B
| $13.4M | ﹤0.01% |
503,706
+3,165
| +0.6% | +$81.1K |
|
|
FPI
2235
Farmland Partners
FPI
$425M
| $13.4M | ﹤0.01% |
1,229,944
+139,398
| +13% | +$1.53M |
|
2236
Grindr
GRND
$2.74B
| $13.4M | ﹤0.01% |
889,519
+232,352
| +35% | +$4.07M |
|
2237
Solid Power
SLDP
$545M
| $13.3M | ﹤0.01% |
3,843,377
+290,547
| +8% | +$1.1M |
|
2238
Forward Air
FWRD
$682M
| $13.3M | ﹤0.01% |
519,765
-7,100
| -1% | -$204K |
|
|
MOFG
2239
DELISTED
MidWestOne Financial Group
MOFG
| $13.3M | ﹤0.01% |
470,393
-32,505
| -6% | -$948K |
|
|
SFD
2240
Smithfield Foods
SFD
$8.85B
| $13.3M | ﹤0.01% |
566,494
+102,579
| +22% | +$2.51M |
|
2241
Northrim BanCorp
NRIM
$601M
| $13.3M | ﹤0.01% |
613,887
+78,683
| +15% | +$1.78M |
|
|
ORKA
2242
Oruka Therapeutics
ORKA
$7.16B
| $13.3M | ﹤0.01% |
689,972
-17,434
| -2% | -$258K |
|
2243
Keros Therapeutics
KROS
$211M
| $13.2M | ﹤0.01% |
837,363
+8,066
| +1% | +$119K |
|
2244
Graham Corp
GHM
$1.3B
| $13.2M | ﹤0.01% |
241,135
+728
| +0.3% | +$37.3K |
|
2245
Farmers National Banc Corp
FMNB
$970M
| $13.2M | ﹤0.01% |
918,020
+363
| +0% | +$5.2K |
|
2246
Financial Institutions
FISI
$825M
| $13.2M | ﹤0.01% |
485,989
+8,124
| +2% | +$217K |
|
2247
ArriVent BioPharma
AVBP
$1.4B
| $13.2M | ﹤0.01% |
716,288
+120,270
| +20% | +$2.36M |
|
2248
Cass Information Systems
CASS
$750M
| $13.2M | ﹤0.01% |
335,490
+41,833
| +14% | +$1.78M |
|
|
PHLT
2249
DELISTED
Performant Healthcare Inc
PHLT
| $13.2M | ﹤0.01% |
1,706,212
+33,800
| +2% | +$215K |
|
2250
John B. Sanfilippo & Son
JBSS
$1.01B
| $13.2M | ﹤0.01% |
204,841
+1,548
| +0.8% | +$100K |
|
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.