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 | |
|---|---|---|---|---|---|---|
2551
Domo
DOMO
$179M
| $6.24M | ﹤0.01% |
803,672
+32,862
| +4% | +$263K |
|
2552
MasterCraft Boat Holdings
MCFT
$595M
| $6.22M | ﹤0.01% |
361,062
+17,174
| +5% | +$312K |
|
2553
Cooper-Standard Automotive
CPS
$522M
| $6.18M | ﹤0.01% |
403,369
+15,476
| +4% | +$231K |
|
2554
FS Bancorp
FSBW
$318M
| $6.18M | ﹤0.01% |
162,514
+6,879
| +4% | +$269K |
|
|
SMLR
2555
DELISTED
Semler Scientific
SMLR
| $6.18M | ﹤0.01% |
170,634
+30,211
| +22% | +$1.42M |
|
|
MTAL
2556
DELISTED
Metals Acquisition
MTAL
| $6.18M | ﹤0.01% |
647,356
+7,303
| +1% | +$77.2K |
|
2557
AMC Global Media
AMCX
$498M
| $6.17M | ﹤0.01% |
896,820
+95,177
| +12% | +$796K |
|
2558
Paysafe
PSFE
$377M
| $6.16M | ﹤0.01% |
392,294
+1,989
| +0.5% | +$36.1K |
|
|
ACRE
2559
Ares Commercial Real Estate
ACRE
$267M
| $6.14M | ﹤0.01% |
1,326,288
+76,836
| +6% | +$407K |
|
2560
El Pollo Loco
LOCO
$501M
| $6.13M | ﹤0.01% |
595,058
+12,501
| +2% | +$141K |
|
|
TEM
2561
Tempus AI
TEM
$8.36B
| $6.13M | ﹤0.01% |
126,977
-5,578
| -4% | -$301K |
|
2562
EverCommerce
EVCM
$1.91B
| $6.12M | ﹤0.01% |
607,165
-12,736
| -2% | -$130K |
|
2563
Paymentus
PAY
$5.03B
| $6.08M | ﹤0.01% |
232,840
+10,080
| +5% | +$298K |
|
2564
Citizens Financial Services
CZFS
$393M
| $6.08M | ﹤0.01% |
105,704
+2,022
| +2% | +$121K |
|
2565
DocGo
DCGO
$60M
| $6.07M | ﹤0.01% |
2,298,979
+47,750
| +2% | +$192K |
|
2566
AerSale
ASLE
$301M
| $6.07M | ﹤0.01% |
810,048
+30,068
| +4% | +$215K |
|
2567
Vivid Seats
SEAT
$89.6M
| $6.06M | ﹤0.01% |
102,340
+1,929
| +2% | +$155K |
|
|
PPTA
2568
Perpetua Resources
PPTA
$2.88B
| $6.05M | ﹤0.01% |
566,254
+76,296
| +16% | +$819K |
|
2569
Utah Medical Products
UTMD
$223M
| $6.04M | ﹤0.01% |
107,776
+9,839
| +10% | +$589K |
|
2570
Arcturus Therapeutics
ARCT
$171M
| $6.03M | ﹤0.01% |
569,620
+14,636
| +3% | +$232K |
|
2571
Aura Biosciences
AURA
$765M
| $6.01M | ﹤0.01% |
1,025,556
+12,757
| +1% | +$96.5K |
|
2572
Stoke Therapeutics
STOK
$2.06B
| $6M | ﹤0.01% |
901,986
+24,891
| +3% | +$232K |
|
2573
Regional Management Corp
RM
$307M
| $5.99M | ﹤0.01% |
198,994
+6,138
| +3% | +$205K |
|
2574
ChargePoint
CHPT
$150M
| $5.99M | ﹤0.01% |
495,067
+31,235
| +7% | +$521K |
|
2575
BayCom
BCML
$335M
| $5.98M | ﹤0.01% |
237,667
+6,402
| +3% | +$171K |
|
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.