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 | |
|---|---|---|---|---|---|---|
|
FFIC
2351
DELISTED
Flushing Financial
FFIC
| $11.3M | ﹤0.01% |
816,800
+3,641
| +0.4% | +$47.4K |
|
2352
Emergent Biosolutions
EBS
$233M
| $11.3M | ﹤0.01% |
1,278,693
-305
| -0% | -$2.37K |
|
2353
Arcturus Therapeutics
ARCT
$223M
| $11.3M | ﹤0.01% |
611,823
+5,532
| +0.9% | +$88.9K |
|
2354
NetEase
NTES
$79.5B
| $11.3M | ﹤0.01% |
74,171
-10,806
| -13% | -$1.49M |
|
2355
Peoples Financial Services
PFIS
$714M
| $11.3M | ﹤0.01% |
231,699
+237
| +0.1% | +$12.1K |
|
2356
South Plains Financial
SPFI
$858M
| $11.3M | ﹤0.01% |
291,311
-1,424
| -0.5% | -$55.6K |
|
|
JOYY
2357
JOYY Inc
JOYY
$3.74B
| $11.2M | ﹤0.01% |
191,158
+119,579
| +167% | +$6.57M |
|
2358
Lightbridge
LTBR
$333M
| $11.2M | ﹤0.01% |
526,559
+52,794
| +11% | +$794K |
|
|
CHCT
2359
Community Healthcare Trust
CHCT
$430M
| $11.1M | ﹤0.01% |
727,938
+17,352
| +2% | +$272K |
|
2360
Rayonier Advanced Materials
RYAM
$561M
| $11.1M | ﹤0.01% |
1,539,112
-124
| -0% | -$639 |
|
2361
Gevo
GEVO
$391M
| $11.1M | ﹤0.01% |
5,666,074
+43,070
| +0.8% | +$70.2K |
|
|
BAND
2362
Bandwidth Inc
BAND
$1.67B
| $11.1M | ﹤0.01% |
664,873
+16,110
| +2% | +$248K |
|
2363
Bumble
BMBL
$344M
| $11.1M | ﹤0.01% |
1,818,319
-41,505
| -2% | -$283K |
|
2364
Aspen Aerogels
ASPN
$510M
| $11M | ﹤0.01% |
1,584,871
+2,129
| +0.1% | +$15K |
|
2365
Verastem
VSTM
$604M
| $11M | ﹤0.01% |
1,244,581
+45,322
| +4% | +$337K |
|
|
SFIX
2366
Stitch Fix
SFIX
$487M
| $11M | ﹤0.01% |
2,525,276
-84,323
| -3% | -$416K |
|
2367
Clean Energy Fuels
CLNE
$384M
| $11M | ﹤0.01% |
4,255,633
-77,921
| -2% | -$182K |
|
2368
Corsair Gaming
CRSR
$1.4B
| $11M | ﹤0.01% |
1,230,113
-1,343
| -0.1% | -$12.1K |
|
2369
Sanofi
SNY
$105B
| $11M | ﹤0.01% |
232,502
-2,057
| -0.9% | -$99.3K |
|
2370
Miller Industries
MLR
$643M
| $10.9M | ﹤0.01% |
270,346
-18,463
| -6% | -$778K |
|
2371
AngioDynamics
ANGO
$647M
| $10.9M | ﹤0.01% |
976,646
-1,112
| -0.1% | -$10.7K |
|
2372
Vitamin Cottage Natural Grocers
NGVC
$632M
| $10.9M | ﹤0.01% |
272,355
+975
| +0.4% | +$37.6K |
|
|
NFBK
2373
DELISTED
Northfield Bancorp
NFBK
| $10.9M | ﹤0.01% |
922,138
-1,041
| -0.1% | -$12K |
|
2374
Regenxbio
RGNX
$720M
| $10.9M | ﹤0.01% |
1,125,548
-2,973
| -0.3% | -$26.3K |
|
|
NXDR
2375
Nextdoor Holdings
NXDR
$986M
| $10.9M | ﹤0.01% |
5,192,976
+236,449
| +5% | +$458K |
|
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.