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 | |
|---|---|---|---|---|---|---|
2326
Columbus McKinnon
CMCO
$550M
| $10.6M | ﹤0.01% |
697,270
+2,581
| +0.4% | +$39.4K |
|
2327
Iovance Biotherapeutics
IOVA
$2.95B
| $10.6M | ﹤0.01% |
6,189,058
+220,760
| +4% | +$549K |
|
|
KALV
2328
DELISTED
KalVista Pharmaceuticals
KALV
| $10.6M | ﹤0.01% |
941,212
+25,971
| +3% | +$318K |
|
|
ATYR
2329
aTyr Pharma
ATYR
$54.2M
| $10.6M | ﹤0.01% |
2,098,076
+1,170,276
| +126% | +$4.6M |
|
2330
Vaalco Energy
EGY
$592M
| $10.6M | ﹤0.01% |
2,943,706
+162,023
| +6% | +$563K |
|
|
MTAL
2331
DELISTED
Metals Acquisition
MTAL
| $10.6M | ﹤0.01% |
878,282
+230,926
| +36% | +$2.39M |
|
|
NFBK
2332
DELISTED
Northfield Bancorp
NFBK
| $10.6M | ﹤0.01% |
923,179
-1,104
| -0.1% | -$12.3K |
|
2333
South Plains Financial
SPFI
$859M
| $10.6M | ﹤0.01% |
292,735
+14,471
| +5% | +$498K |
|
2334
Ginkgo Bioworks
DNA
$488M
| $10.5M | ﹤0.01% |
937,583
+479,154
| +105% | +$3.71M |
|
2335
America's Car Mart
CRMT
$25.7M
| $10.5M | ﹤0.01% |
187,943
+2,685
| +1% | +$133K |
|
2336
The Honest Company
HNST
$540M
| $10.5M | ﹤0.01% |
2,068,945
+196,218
| +10% | +$940K |
|
2337
Lindblad Expeditions
LIND
$2.26B
| $10.5M | ﹤0.01% |
899,844
+18,638
| +2% | +$185K |
|
2338
Ascendis Pharma A/S
ASND
$16.2B
| $10.5M | ﹤0.01% |
60,804
+2,953
| +5% | +$481K |
|
2339
Midland States Bancorp
MSBI
$698M
| $10.5M | ﹤0.01% |
605,625
+29,829
| +5% | +$505K |
|
|
BOW
2340
Bowhead Specialty Holdings
BOW
$1.1B
| $10.5M | ﹤0.01% |
278,458
-4,433
| -2% | -$170K |
|
2341
ACNB Corp
ACNB
$660M
| $10.4M | ﹤0.01% |
243,474
+25,142
| +12% | +$1.05M |
|
|
CBL
2342
CBL Properties
CBL
$1.78B
| $10.4M | ﹤0.01% |
409,626
-47,930
| -10% | -$1.18M |
|
2343
Orthofix Medical
OFIX
$415M
| $10.4M | ﹤0.01% |
930,252
+64,788
| +7% | +$803K |
|
|
FSUN
2344
FirstSun Capital Bancorp
FSUN
$2.02B
| $10.4M | ﹤0.01% |
297,908
+164,507
| +123% | +$5.76M |
|
|
SPYM
2345
State Street SPDR Portfolio S&P 500 ETF
SPYM
$170B
| – | – |
0
| – | – |
|
|
BAND
2346
Bandwidth Inc
BAND
$1.74B
| $10.3M | ﹤0.01% |
648,763
+52,762
| +9% | +$717K |
|
2347
AnaptysBio
ANAB
$1.66B
| $10.3M | ﹤0.01% |
463,358
-27,809
| -6% | -$582K |
|
2348
Phathom Pharmaceuticals
PHAT
$743M
| $10.3M | ﹤0.01% |
1,069,927
+53,504
| +5% | +$296K |
|
|
GOLD
2349
Gold.com Inc
GOLD
$1.27B
| $10.3M | ﹤0.01% |
462,582
+27,551
| +6% | +$611K |
|
2350
Third Coast Bancshares
TCBX
$766M
| $10.3M | ﹤0.01% |
313,962
+31,262
| +11% | +$953K |
|
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.