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 | |
|---|---|---|---|---|---|---|
2326
Kodak
KODK
$992M
| $11.8M | ﹤0.01% |
1,398,633
-133,830
| -9% | -$1M |
|
2327
Arteris
AIP
$1.36B
| $11.8M | ﹤0.01% |
760,387
+43,903
| +6% | +$636K |
|
2328
SandRidge Energy
SD
$529M
| $11.8M | ﹤0.01% |
815,172
-6,784
| -0.8% | -$89.7K |
|
2329
Sturm, Ruger & Co
RGR
$600M
| $11.7M | ﹤0.01% |
358,333
-25,856
| -7% | -$958K |
|
2330
OneSpan
OSPN
$609M
| $11.7M | ﹤0.01% |
911,294
+11,694
| +1% | +$159K |
|
|
FPI
2331
Farmland Partners
FPI
$425M
| $11.7M | ﹤0.01% |
1,207,100
-22,844
| -2% | -$229K |
|
2332
Grindr
GRND
$2.76B
| $11.7M | ﹤0.01% |
863,774
-25,745
| -3% | -$350K |
|
2333
ACNB Corp
ACNB
$656M
| $11.7M | ﹤0.01% |
241,021
-1,083
| -0.4% | -$51.1K |
|
|
XRN
2334
Chiron Real Estate Inc
XRN
$480M
| $11.6M | ﹤0.01% |
344,235
-7,557
| -2% | -$246K |
|
2335
Varex Imaging
VREX
$780M
| $11.6M | ﹤0.01% |
996,238
-1,799
| -0.2% | -$21.1K |
|
2336
Lennar Class B
LEN.B
$20.1B
| $11.6M | ﹤0.01% |
121,960
-10,232
| -8% | -$1.16M |
|
2337
SELLAS Life Sciences
SLS
$2.5B
| $11.6M | ﹤0.01% |
3,077,337
+812,953
| +36% | +$1.58M |
|
2338
Richtech Robotics
RR
$385M
| $11.6M | ﹤0.01% |
3,586,863
+1,519,613
| +74% | +$6.72M |
|
2339
RPC Inc
RES
$1.4B
| $11.6M | ﹤0.01% |
2,128,761
-15,484
| -0.7% | -$80.5K |
|
2340
Oxford Industries
OXM
$538M
| $11.6M | ﹤0.01% |
337,738
+944
| +0.3% | +$35.1K |
|
2341
SFL Corp
SFL
$1.57B
| $11.6M | ﹤0.01% |
1,479,059
-36,901
| -2% | -$283K |
|
2342
CryoPort
CYRX
$766M
| $11.5M | ﹤0.01% |
1,199,777
-10,531
| -0.9% | -$99.5K |
|
2343
Groupon
GRPN
$901M
| $11.5M | ﹤0.01% |
653,702
+14,198
| +2% | +$267K |
|
2344
Angi Inc
ANGI
$176M
| $11.5M | ﹤0.01% |
888,673
-70,716
| -7% | -$911K |
|
2345
BioNTech
BNTX
$23.3B
| $11.5M | ﹤0.01% |
120,605
+4,615
| +4% | +$465K |
|
2346
JD.com
JD
$39.6B
| $11.5M | ﹤0.01% |
399,029
-7,459
| -2% | -$233K |
|
2347
Third Coast Bancshares
TCBX
$758M
| $11.4M | ﹤0.01% |
300,863
-12,343
| -4% | -$472K |
|
2348
Arrow Financial
AROW
$723M
| $11.4M | ﹤0.01% |
363,724
-7,455
| -2% | -$220K |
|
2349
BlueLinx
BXC
$701M
| $11.4M | ﹤0.01% |
185,659
+871
| +0.5% | +$56.2K |
|
2350
Dakota Gold
DC
$841M
| $11.4M | ﹤0.01% |
2,004,657
+84,031
| +4% | +$404K |
|
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.