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 |
Apple
AAPL
|
+$2.75B |
| 2 |
Microsoft
MSFT
|
+$2.46B |
| 3 |
NVIDIA
NVDA
|
+$2.3B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$1.79B |
| 5 |
Amazon
AMZN
|
+$1.78B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EXAS
Exact Sciences
EXAS
|
+$338M |
| 2 |
DAY
Dayforce
DAY
|
+$281M |
| 3 |
RNAM
Avidity Biosciences
RNAM
|
+$225M |
| 4 |
CYBR
CyberArk
CYBR
|
+$220M |
| 5 |
CMA
Comerica
CMA
|
+$213M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.41% |
| 2 | Financials | 12.78% |
| 3 | Consumer Discretionary | 9.97% |
| 4 | Healthcare | 9.79% |
| 5 | Communication Services | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2376
Absci
ABSI
$1.21B
| $10M | ﹤0.01% |
3,343,068
+103,445
| +3% | +$299K |
|
2377
Orion Group Holdings
ORN
$485M
| $10M | ﹤0.01% |
918,169
+25,542
| +3% | +$306K |
|
2378
Bank of Marin Bancorp
BMRC
$471M
| $10M | ﹤0.01% |
390,301
+4,474
| +1% | +$116K |
|
2379
Dream Finders Homes
DFH
$1.49B
| $10M | ﹤0.01% |
718,591
+24,723
| +4% | +$439K |
|
2380
Aquestive Therapeutics
AQST
$472M
| $10M | ﹤0.01% |
2,408,191
+40,099
| +2% | +$163K |
|
2381
Vanda Pharmaceuticals
VNDA
$310M
| $9.97M | ﹤0.01% |
1,442,965
+51,175
| +4% | +$395K |
|
2382
Bowman Consulting
BWMN
$463M
| $9.96M | ﹤0.01% |
350,194
+7,283
| +2% | +$237K |
|
2383
Home Bancorp
HBCP
$563M
| $9.96M | ﹤0.01% |
164,365
+5,364
| +3% | +$323K |
|
2384
MediaAlpha
MAX
$746M
| $9.95M | ﹤0.01% |
1,070,084
+292,780
| +38% | +$2.89M |
|
2385
Manitowoc
MTW
$527M
| $9.93M | ﹤0.01% |
851,788
+24,155
| +3% | +$324K |
|
2386
4D Molecular Therapeutics
FDMT
$515M
| $9.92M | ﹤0.01% |
1,065,345
+53,320
| +5% | +$464K |
|
2387
Legend Biotech
LEGN
$3.68B
| $9.87M | ﹤0.01% |
550,051
-5,385
| -1% | -$103K |
|
2388
Choiceone Financial
COFS
$512M
| $9.86M | ﹤0.01% |
350,635
+19,605
| +6% | +$562K |
|
2389
Covenant Logistics
CVLG
$1.09B
| $9.85M | ﹤0.01% |
362,881
+5,614
| +2% | +$151K |
|
2390
Southern California Bancorp
BCAL
$691M
| $9.85M | ﹤0.01% |
555,806
+14,427
| +3% | +$264K |
|
2391
Southern First Bancshares
SFST
$592M
| $9.83M | ﹤0.01% |
180,231
+1,517
| +0.8% | +$83.8K |
|
|
MPLT
2392
MapLight Therapeutics
MPLT
$558M
| $9.79M | ﹤0.01% |
481,201
+92,175
| +24% | +$1.65M |
|
2393
Kopin
KOPN
$654M
| $9.76M | ﹤0.01% |
4,335,855
+29,232
| +0.7% | +$70.8K |
|
2394
Marcus Corp
MCS
$766M
| $9.76M | ﹤0.01% |
568,196
+26,912
| +5% | +$430K |
|
|
MWH
2395
SOLV Energy Inc
MWH
$5.37B
| $9.75M | ﹤0.01% |
+324,633
| New | +$9.63M |
|
2396
CytomX Therapeutics
CTMX
$701M
| $9.72M | ﹤0.01% |
2,066,612
+540,946
| +35% | +$2.75M |
|
2397
Camping World
CWH
$399M
| $9.72M | ﹤0.01% |
1,422,224
-10,464
| -0.7% | -$108K |
|
2398
Sierra Bancorp
BSRR
$536M
| $9.68M | ﹤0.01% |
285,344
-1,198
| -0.4% | -$41.9K |
|
2399
Hyster-Yale Materials Handling
HY
$615M
| $9.66M | ﹤0.01% |
297,223
+21,327
| +8% | +$732K |
|
2400
Custom Truck One Source
CTOS
$2.35B
| $9.66M | ﹤0.01% |
1,470,636
+31,488
| +2% | +$207K |
|
Similar funds
Geode Capital Management's Q1 2026 Portfolio in Review
As of Q1 2026, Geode Capital Management held 4,628 positions worth $1.61T, down 0.8% from $1.62T the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Geode Capital Management deployed $55.8B of net new capital in Q1 2026, opening 160 new positions and adding to 3,465 existing holdings. Its largest new stake was Versant Media Group: 1,896,951 shares worth $70.3M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 33% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Hershey, an estimated $134M trimmed.
- Geode Capital Management's largest Q1 2026 buy was Versant Media Group: 1,896,951 shares worth $70.3M.
- Geode Capital Management added most to Apple in Q1 2026, an estimated $2.75B increase.
- Geode Capital Management's biggest Q1 2026 reduction was Hershey, cutting an estimated $134M.
- Geode Capital Management fully exited Exact Sciences in Q1 2026, selling an estimated $338M.
- Geode Capital Management's ten largest holdings make up 31% of its $1.61T portfolio in Q1 2026.
- Geode Capital Management opened 160 new positions and closed 115 in Q1 2026.
- Geode Capital Management's portfolio value fell 0.8% quarter-over-quarter to $1.61T.
Based on Geode Capital Management's 13F filing for Q1 2026, filed 15 May 2026.