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 | |
|---|---|---|---|---|---|---|
2426
Prime Medicine
PRME
$580M
| $9.79M | ﹤0.01% |
1,766,896
+256,147
| +17% | +$1.04M |
|
2427
Global E Online
GLBE
$7.09B
| $9.77M | ﹤0.01% |
273,268
+19,434
| +8% | +$663K |
|
2428
Byrna Technologies
BYRN
$96.9M
| $9.75M | ﹤0.01% |
439,717
+7,868
| +2% | +$175K |
|
|
BBUC
2429
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$5.93B
| $9.74M | ﹤0.01% |
290,451
-14,426
| -5% | -$467K |
|
2430
Clearfield
CLFD
$395M
| $9.74M | ﹤0.01% |
283,162
+3,085
| +1% | +$115K |
|
2431
Wabash National
WNC
$507M
| $9.73M | ﹤0.01% |
985,291
-19,599
| -2% | -$209K |
|
2432
Standard BioTools
LAB
$312M
| $9.71M | ﹤0.01% |
7,468,917
+27,783
| +0.4% | +$36.4K |
|
2433
Cytek Biosciences
CTKB
$621M
| $9.66M | ﹤0.01% |
2,783,449
+53,856
| +2% | +$202K |
|
2434
Frontier Group Holdings
ULCC
$1.54B
| $9.66M | ﹤0.01% |
2,187,526
+127,074
| +6% | +$577K |
|
2435
Weave Communications
WEAV
$426M
| $9.66M | ﹤0.01% |
1,445,709
+292,714
| +25% | +$2.25M |
|
|
ITIC
2436
Investors Title Co
ITIC
$530M
| $9.62M | ﹤0.01% |
35,919
+390
| +1% | +$90.7K |
|
2437
Choiceone Financial
COFS
$514M
| $9.58M | ﹤0.01% |
330,672
+6,452
| +2% | +$193K |
|
2438
FLEX LNG
FLNG
$1.6B
| $9.55M | ﹤0.01% |
379,086
-1,328
| -0.3% | -$32.9K |
|
|
HDSN
2439
Hudson Technologies
HDSN
$239M
| $9.48M | ﹤0.01% |
954,426
+10,002
| +1% | +$93.9K |
|
2440
Repay Holdings
RPAY
$311M
| $9.46M | ﹤0.01% |
1,808,492
-64,970
| -3% | -$348K |
|
|
EHAB
2441
DELISTED
Enhabit
EHAB
| $9.42M | ﹤0.01% |
1,175,851
-7,142
| -0.6% | -$53.7K |
|
2442
UroGen Pharma
URGN
$2.34B
| $9.4M | ﹤0.01% |
471,229
+503
| +0.1% | +$9.03K |
|
|
FFWM
2443
DELISTED
First Foundation Inc
FFWM
| $9.4M | ﹤0.01% |
1,687,359
+38,724
| +2% | +$214K |
|
2444
Talkspace
TALK
$869M
| $9.38M | ﹤0.01% |
3,398,389
+226,210
| +7% | +$586K |
|
2445
Kearny Financial
KRNY
$604M
| $9.35M | ﹤0.01% |
1,422,764
+13,525
| +1% | +$86.8K |
|
2446
Tejon Ranch
TRC
$441M
| $9.34M | ﹤0.01% |
584,534
+4,455
| +0.8% | +$77.7K |
|
|
SION
2447
Sionna Therapeutics
SION
$296M
| $9.31M | ﹤0.01% |
316,564
+27,289
| +9% | +$594K |
|
2448
Vishay Precision Group
VPG
$908M
| $9.3M | ﹤0.01% |
290,181
+441
| +0.2% | +$12.8K |
|
|
CTEV
2449
Claritev Corp
CTEV
$599M
| $9.28M | ﹤0.01% |
174,852
+11,714
| +7% | +$646K |
|
2450
Absci
ABSI
$1.62B
| $9.28M | ﹤0.01% |
3,052,915
+607,465
| +25% | +$1.68M |
|
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.