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
|
+$958M |
| 2 |
AbbVie
ABBV
|
+$955M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$762M |
| 4 |
CRH
CRH
|
+$705M |
| 5 |
Walmart Inc
WMT
|
+$700M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
K
Kellanova
K
|
+$604M |
| 2 |
DuPont de Nemours
DD
|
+$568M |
| 3 |
Applied Materials
AMAT
|
+$558M |
| 4 |
IPG
Interpublic Group of Companies
IPG
|
+$277M |
| 5 |
Blackstone
BX
|
+$249M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.03% |
| 2 | Financials | 13.5% |
| 3 | Consumer Discretionary | 10.4% |
| 4 | Communication Services | 10.05% |
| 5 | Healthcare | 9.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2301
FTAI Infrastructure
FIP
$533M
| $12.4M | ﹤0.01% |
2,686,678
+18,421
| +0.7% | +$90.8K |
|
|
FFIC
2302
DELISTED
Flushing Financial
FFIC
| $12.3M | ﹤0.01% |
812,727
-4,073
| -0.5% | -$61.7K |
|
2303
World Acceptance Corp
WRLD
$884M
| $12.3M | ﹤0.01% |
87,588
+2,469
| +3% | +$372K |
|
2304
Vanda Pharmaceuticals
VNDA
$314M
| $12.3M | ﹤0.01% |
1,391,790
-295
| -0% | -$1.62K |
|
2305
Under Armour Class C
UA
$2.2B
| $12.3M | ﹤0.01% |
2,555,679
-145,478
| -5% | -$647K |
|
2306
Ironwood Pharmaceuticals
IRWD
$714M
| $12.2M | ﹤0.01% |
3,623,534
+8,547
| +0.2% | +$22.2K |
|
|
CHCT
2307
Community Healthcare Trust
CHCT
$430M
| $12.2M | ﹤0.01% |
741,982
+14,044
| +2% | +$210K |
|
|
AVNS
2308
DELISTED
Avanos Medical
AVNS
| $12.2M | ﹤0.01% |
1,084,504
+16,980
| +2% | +$194K |
|
2309
Farmers National Banc Corp
FMNB
$957M
| $12.2M | ﹤0.01% |
913,658
-4,362
| -0.5% | -$59.7K |
|
2310
Mission Produce
AVO
$1.13B
| $12.2M | ﹤0.01% |
1,048,598
+3,744
| +0.4% | +$44.9K |
|
2311
Birkenstock
BIRK
$7.54B
| $12.1M | ﹤0.01% |
296,482
-7,499
| -2% | -$318K |
|
2312
Mama's Creations
MAMA
$826M
| $12.1M | ﹤0.01% |
898,594
+68,506
| +8% | +$787K |
|
2313
Logitech
LOGI
$14.8B
| $12.1M | ﹤0.01% |
120,849
-6,060
| -5% | -$681K |
|
2314
Alpha and Omega Semiconductor
AOSL
$916M
| $12.1M | ﹤0.01% |
611,089
+3,612
| +0.6% | +$85.3K |
|
2315
CEVA Inc
CEVA
$855M
| $12.1M | ﹤0.01% |
561,244
-3,406
| -0.6% | -$83.6K |
|
2316
Columbia Financial
CLBK
$1.21B
| $12.1M | ﹤0.01% |
775,790
-8,343
| -1% | -$129K |
|
2317
Columbus McKinnon
CMCO
$550M
| $12M | ﹤0.01% |
697,663
-10,819
| -2% | -$173K |
|
2318
Zevra Therapeutics
ZVRA
$679M
| $12M | ﹤0.01% |
1,341,681
+41,341
| +3% | +$391K |
|
2319
Legend Biotech
LEGN
$3.93B
| $12M | ﹤0.01% |
555,436
+15,394
| +3% | +$441K |
|
2320
Bloomin' Brands
BLMN
$975M
| $12M | ﹤0.01% |
1,940,257
+213,932
| +12% | +$1.49M |
|
|
BLSH
2321
Bullish
BLSH
$4.17B
| $11.9M | ﹤0.01% |
315,536
+159,948
| +103% | +$7.79M |
|
2322
MetroCity Bankshares
MCBS
$1.04B
| $11.9M | ﹤0.01% |
448,771
+216
| +0% | +$5.76K |
|
2323
Tronox
TROX
$985M
| $11.9M | ﹤0.01% |
2,846,828
+20,837
| +0.7% | +$79.4K |
|
2324
Dream Finders Homes
DFH
$1.31B
| $11.9M | ﹤0.01% |
693,868
-10,118
| -1% | -$207K |
|
2325
Helen of Troy
HELE
$696M
| $11.8M | ﹤0.01% |
557,231
+50,709
| +10% | +$1.03M |
|
Similar funds
Geode Capital Management's Q4 2025 Portfolio in Review
As of Q4 2025, Geode Capital Management held 4,586 positions worth $1.62T, up 3.4% from $1.57T the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Geode Capital Management's Q4 2025 filing shows 113 new, 2,855 increased, 1,222 reduced and 117 closed positions. Its largest new stake was Qnity Electronics Inc: 5,358,208 shares worth $436M. The largest sale was Kellanova, an estimated $604M.
By sector, the portfolio is most concentrated in Technology at 33% of assets, down from 34% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q4 2025 buy was Qnity Electronics Inc: 5,358,208 shares worth $436M.
- Geode Capital Management added most to Microsoft in Q4 2025, an estimated $958M increase.
- Geode Capital Management's biggest Q4 2025 reduction was DuPont de Nemours, cutting an estimated $568M.
- Geode Capital Management fully exited Kellanova in Q4 2025, selling an estimated $604M.
- Geode Capital Management's ten largest holdings make up 34% of its $1.62T portfolio in Q4 2025.
- Geode Capital Management opened 113 new positions and closed 117 in Q4 2025.
- Geode Capital Management's portfolio value rose 3.4% quarter-over-quarter to $1.62T.
Based on Geode Capital Management's 13F filing for Q4 2025, filed 9 Feb 2026.