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 | |
|---|---|---|---|---|---|---|
|
SVC
2351
Service Properties Trust
SVC
$1.06B
| $10.3M | ﹤0.01% |
858,070
-44,373
| -5% | -$479K |
|
2352
NVE Corp
NVEC
$563M
| $10.2M | ﹤0.01% |
138,652
+1,335
| +1% | +$88.3K |
|
2353
Fulgent Genetics
FLGT
$513M
| $10.2M | ﹤0.01% |
513,343
+8,105
| +2% | +$158K |
|
2354
MGP Ingredients
MGPI
$389M
| $10.2M | ﹤0.01% |
340,145
-10,071
| -3% | -$299K |
|
2355
Clearwater Paper
CLW
$354M
| $10.2M | ﹤0.01% |
373,726
-13,060
| -3% | -$353K |
|
2356
NerdWallet
NRDS
$639M
| $10.2M | ﹤0.01% |
925,503
+81,986
| +10% | +$822K |
|
2357
Nice
NICE
$6.17B
| $10.1M | ﹤0.01% |
59,984
-1,352
| -2% | -$218K |
|
2358
Hingham Institution for Saving
HIFS
$686M
| $10.1M | ﹤0.01% |
40,780
+117
| +0.3% | +$28.3K |
|
|
SERV
2359
Serve Robotics
SERV
$428M
| $10.1M | ﹤0.01% |
878,668
+560,361
| +176% | +$4.92M |
|
2360
Forestar Group
FOR
$1.51B
| $10M | ﹤0.01% |
500,541
+12,865
| +3% | +$254K |
|
2361
UWM Holdings
UWMC
$2.61B
| $10M | ﹤0.01% |
2,414,282
+777,264
| +47% | +$3.42M |
|
|
SRDX
2362
DELISTED
Surmodics
SRDX
| $9.99M | ﹤0.01% |
336,239
+1,128
| +0.3% | +$32.5K |
|
2363
Baidu
BIDU
$35.5B
| $9.99M | ﹤0.01% |
116,489
-1,670
| -1% | -$144K |
|
|
PSIX
2364
Power Solutions International
PSIX
$947M
| $9.99M | ﹤0.01% |
154,383
+78,034
| +102% | +$2.89M |
|
2365
Community Health Systems
CYH
$419M
| $9.99M | ﹤0.01% |
2,936,764
+54,202
| +2% | +$174K |
|
2366
Climb Global Solutions
CLMB
$532M
| $9.97M | ﹤0.01% |
373,036
+1,036
| +0.3% | +$27.3K |
|
2367
Titan Machinery
TITN
$420M
| $9.96M | ﹤0.01% |
502,710
+336
| +0.1% | +$6.15K |
|
|
DEC
2368
Diversified Energy Company
DEC
$1B
| $9.95M | ﹤0.01% |
678,409
+104,294
| +18% | +$1.4M |
|
2369
Manitowoc
MTW
$753M
| $9.93M | ﹤0.01% |
826,240
+3,569
| +0.4% | +$35K |
|
2370
ASP Isotopes
ASPI
$539M
| $9.92M | ﹤0.01% |
1,348,072
+94,751
| +8% | +$635K |
|
2371
LendingTree
TREE
$461M
| $9.91M | ﹤0.01% |
267,264
+18,207
| +7% | +$735K |
|
2372
NWPX Infrastructure Inc
NWPX
$1.11B
| $9.87M | ﹤0.01% |
240,631
+11,342
| +5% | +$456K |
|
|
SHYF
2373
DELISTED
The Shyft Group
SHYF
| $9.87M | ﹤0.01% |
786,752
-8,842
| -1% | -$86.6K |
|
2374
Bowman Consulting
BWMN
$731M
| $9.86M | ﹤0.01% |
343,015
+9,073
| +3% | +$224K |
|
2375
Theravance Biopharma
TBPH
$878M
| $9.86M | ﹤0.01% |
893,983
+3,416
| +0.4% | +$33.2K |
|
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.