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 | |
|---|---|---|---|---|---|---|
2501
Legacy Housing
LEGH
$706M
| $6.93M | ﹤0.01% |
274,785
+3,660
| +1% | +$93K |
|
2502
Microvision
MVIS
$78.2M
| $6.9M | ﹤0.01% |
370,899
+30,461
| +9% | +$636K |
|
2503
Genie Energy
GNE
$378M
| $6.88M | ﹤0.01% |
457,214
+26,844
| +6% | +$392K |
|
2504
Capital Bancorp
CBNK
$612M
| $6.86M | ﹤0.01% |
242,201
+1,308
| +0.5% | +$38.7K |
|
|
KLC
2505
KinderCare Learning Companies
KLC
$606M
| $6.86M | ﹤0.01% |
591,806
+20,615
| +4% | +$382K |
|
2506
Heron Therapeutics
HRTX
$96.1M
| $6.85M | ﹤0.01% |
3,113,728
+98,401
| +3% | +$191K |
|
|
LPRO
2507
DELISTED
Open Lending Corp
LPRO
| $6.81M | ﹤0.01% |
2,466,433
+72,914
| +3% | +$362K |
|
2508
Graham Corp
GHM
$1.22B
| $6.81M | ﹤0.01% |
236,065
+5,175
| +2% | +$196K |
|
2509
CryoPort
CYRX
$747M
| $6.78M | ﹤0.01% |
1,115,643
+21,350
| +2% | +$148K |
|
|
MAGN
2510
Magnera Corp
MAGN
$456M
| $6.78M | ﹤0.01% |
373,110
+16,043
| +4% | +$312K |
|
2511
Byrna Technologies
BYRN
$102M
| $6.77M | ﹤0.01% |
402,183
+5,567
| +1% | +$144K |
|
2512
Health Catalyst
HCAT
$167M
| $6.76M | ﹤0.01% |
1,492,875
+46,275
| +3% | +$245K |
|
2513
MediaAlpha
MAX
$738M
| $6.73M | ﹤0.01% |
727,753
+29,050
| +4% | +$310K |
|
2514
Cricut
CRCT
$1.21B
| $6.72M | ﹤0.01% |
1,304,186
+208,676
| +19% | +$1.16M |
|
2515
Limoneira
LMNR
$249M
| $6.68M | ﹤0.01% |
376,807
+3,692
| +1% | +$80.3K |
|
2516
Haverty Furniture Companies
HVT
$455M
| $6.67M | ﹤0.01% |
338,163
+11,942
| +4% | +$261K |
|
|
SSBK
2517
DELISTED
Southern States Bancshares
SSBK
| $6.63M | ﹤0.01% |
185,491
+7,569
| +4% | +$247K |
|
2518
Latham Group
SWIM
$832M
| $6.62M | ﹤0.01% |
1,028,844
+60,318
| +6% | +$406K |
|
2519
Navitas Semiconductor
NVTS
$3.35B
| $6.59M | ﹤0.01% |
3,215,599
+133,683
| +4% | +$383K |
|
2520
Clean Energy Fuels
CLNE
$410M
| $6.58M | ﹤0.01% |
4,245,838
+51,618
| +1% | +$131K |
|
|
PARAA
2521
DELISTED
Paramount Global Class A
PARAA
| $6.55M | ﹤0.01% |
287,940
+12,310
| +4% | +$279K |
|
2522
Aldeyra Therapeutics
ALDX
$93.5M
| $6.54M | ﹤0.01% |
1,137,828
+18,273
| +2% | +$108K |
|
2523
Erasca
ERAS
$6.39B
| $6.52M | ﹤0.01% |
4,757,852
+188,033
| +4% | +$323K |
|
|
NXDR
2524
Nextdoor Holdings
NXDR
$986M
| $6.52M | ﹤0.01% |
4,259,923
+1,414
| +0% | +$3.16K |
|
|
FLIC
2525
DELISTED
First of Long Island Corp
FLIC
| $6.5M | ﹤0.01% |
526,532
+21,673
| +4% | +$271K |
|
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.