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
|
+$2.99B |
| 2 |
Apple
AAPL
|
+$2.23B |
| 3 |
NVIDIA
NVDA
|
+$1.92B |
| 4 |
Amazon
AMZN
|
+$1.75B |
| 5 |
Meta Platforms (Facebook)
META
|
+$1.1B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALTR
Altair Engineering Inc
ALTR
|
+$152M |
| 2 |
Merck
MRK
|
+$142M |
| 3 |
SUM
Summit Materials, Inc. Class A Common Stock
SUM
|
+$141M |
| 4 |
ALTM
Arcadium Lithium plc
ALTM
|
+$132M |
| 5 |
AZPN
Aspen Technology Inc
AZPN
|
+$131M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.36% |
| 2 | Financials | 14.54% |
| 3 | Healthcare | 11.04% |
| 4 | Consumer Discretionary | 10.44% |
| 5 | Communication Services | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Oil States International
OIS
$509M
| $7.25M | ﹤0.01% |
1,406,857
+57,738
| +4% | +$303K |
|
2477
Playtika
PLTK
$1.34B
| $7.22M | ﹤0.01% |
1,396,634
+61,369
| +5% | +$385K |
|
2478
Global Industrial
GIC
$1.46B
| $7.22M | ﹤0.01% |
322,202
+3,146
| +1% | +$75.2K |
|
2479
HighPeak Energy
HPK
$859M
| $7.21M | ﹤0.01% |
569,438
+9,186
| +2% | +$123K |
|
2480
Citizens & Northern Corp
CZNC
$455M
| $7.2M | ﹤0.01% |
357,801
+14,031
| +4% | +$286K |
|
|
LIF
2481
Life360
LIF
$4.91B
| $7.18M | ﹤0.01% |
186,962
+5,375
| +3% | +$232K |
|
2482
Frontier Group Holdings
ULCC
$1.82B
| $7.16M | ﹤0.01% |
1,650,060
+24,107
| +1% | +$179K |
|
2483
Distribution Solutions Group
DSGR
$1.61B
| $7.16M | ﹤0.01% |
255,744
+2,012
| +0.8% | +$62.5K |
|
2484
Civista Bancshares
CIVB
$601M
| $7.11M | ﹤0.01% |
363,589
+11,965
| +3% | +$245K |
|
|
ZIMV
2485
DELISTED
ZimVie
ZIMV
| $7.09M | ﹤0.01% |
656,672
+13,879
| +2% | +$182K |
|
2486
Freedom Holding
FRHC
$9.58B
| $7.08M | ﹤0.01% |
53,566
-468
| -0.9% | -$65.3K |
|
2487
Millicom
TIGO
$17.8B
| $7.07M | ﹤0.01% |
233,667
+79,006
| +51% | +$2.18M |
|
2488
Manitowoc
MTW
$515M
| $7.07M | ﹤0.01% |
822,671
+43,335
| +6% | +$422K |
|
2489
First Bank
FRBA
$457M
| $7.06M | ﹤0.01% |
476,352
+12,391
| +3% | +$182K |
|
2490
Farmers & Merchants Bancorp
FMAO
$472M
| $7.05M | ﹤0.01% |
294,943
+5,975
| +2% | +$154K |
|
2491
MaxCyte
MXCT
$116M
| $7.05M | ﹤0.01% |
2,581,005
+102,976
| +4% | +$406K |
|
2492
HBT Financial
HBT
$1.32B
| $7.05M | ﹤0.01% |
314,437
+9,055
| +3% | +$213K |
|
|
BRY
2493
DELISTED
Berry Corp
BRY
| $7.05M | ﹤0.01% |
2,194,685
+241,689
| +12% | +$991K |
|
2494
Intrepid Potash
IPI
$440M
| $7.04M | ﹤0.01% |
239,519
+4,611
| +2% | +$122K |
|
2495
Northeast Community Bancorp
NECB
$375M
| $7.02M | ﹤0.01% |
299,491
+9,220
| +3% | +$220K |
|
2496
Vishay Precision Group
VPG
$956M
| $7M | ﹤0.01% |
290,429
-39,511
| -12% | -$923K |
|
2497
American Coastal Insurance
ACIC
$506M
| $6.99M | ﹤0.01% |
603,848
+16,847
| +3% | +$205K |
|
2498
Petco
WOOF
$834M
| $6.98M | ﹤0.01% |
2,288,138
+61,137
| +3% | +$191K |
|
2499
Village Super Market
VLGEA
$641M
| $6.96M | ﹤0.01% |
182,969
+5,671
| +3% | +$189K |
|
|
BKV
2500
BKV Corp
BKV
$2.58B
| $6.94M | ﹤0.01% |
330,243
+5,333
| +2% | +$121K |
|
Similar funds
Geode Capital Management's Q1 2025 Portfolio in Review
As of Q1 2025, Geode Capital Management held 4,591 positions worth $1.27T, down 1.4% from $1.29T the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Geode Capital Management deployed $47.9B of net new capital in Q1 2025, opening 122 new positions and adding to 3,780 existing holdings. Its largest new stake was Sandisk: 1,936,245 shares worth $92.2M.
By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 32% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Merck, an estimated $142M trimmed.
- Geode Capital Management's largest Q1 2025 buy was Sandisk: 1,936,245 shares worth $92.2M.
- Geode Capital Management added most to Microsoft in Q1 2025, an estimated $2.99B increase.
- Geode Capital Management's biggest Q1 2025 reduction was Merck, cutting an estimated $142M.
- Geode Capital Management fully exited Altair Engineering Inc in Q1 2025, selling an estimated $152M.
- Geode Capital Management's ten largest holdings make up 29% of its $1.27T portfolio in Q1 2025.
- Geode Capital Management opened 122 new positions and closed 115 in Q1 2025.
- Geode Capital Management's portfolio value fell 1.4% quarter-over-quarter to $1.27T.
Based on Geode Capital Management's 13F filing for Q1 2025, filed 13 May 2025.