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 | |
|---|---|---|---|---|---|---|
|
BBBY
2576
Bed Bath & Beyond
BBBY
$448M
| $5.98M | ﹤0.01% |
1,133,086
+45,542
| +4% | +$276K |
|
2577
Ponce Financial Group
PDLB
$483M
| $5.97M | ﹤0.01% |
471,246
+10,764
| +2% | +$141K |
|
|
TSVT
2578
DELISTED
2seventy bio
TSVT
| $5.97M | ﹤0.01% |
1,207,345
+33,084
| +3% | +$105K |
|
|
PBPB
2579
DELISTED
Potbelly
PBPB
| $5.94M | ﹤0.01% |
624,317
+7,118
| +1% | +$78.7K |
|
2580
First Bancorp
FNLC
$395M
| $5.93M | ﹤0.01% |
239,822
+14,389
| +6% | +$368K |
|
2581
OraSure Technologies
OSUR
$274M
| $5.92M | ﹤0.01% |
1,757,017
-87,122
| -5% | -$321K |
|
2582
Atea Pharmaceuticals
AVIR
$407M
| $5.91M | ﹤0.01% |
1,977,337
+60,551
| +3% | +$189K |
|
2583
OmniAb
OABI
$396M
| $5.91M | ﹤0.01% |
2,461,050
+107,608
| +5% | +$352K |
|
2584
Maravai LifeSciences
MRVI
$870M
| $5.89M | ﹤0.01% |
2,664,366
-130,595
| -5% | -$516K |
|
2585
ASP Isotopes
ASPI
$554M
| $5.88M | ﹤0.01% |
1,253,321
+77,871
| +7% | +$389K |
|
2586
Teekay
TK
$973M
| $5.87M | ﹤0.01% |
893,989
+104,295
| +13% | +$721K |
|
2587
MakeMyTrip
MMYT
$5.62B
| $5.84M | ﹤0.01% |
59,578
-39
| -0.1% | -$4.02K |
|
2588
Bit Digital
BTBT
$482M
| $5.83M | ﹤0.01% |
2,886,610
+456,769
| +19% | +$1.32M |
|
2589
Southern First Bancshares
SFST
$601M
| $5.82M | ﹤0.01% |
176,760
+5,372
| +3% | +$188K |
|
2590
Park Aerospace
PKE
$817M
| $5.81M | ﹤0.01% |
431,852
+12,986
| +3% | +$183K |
|
2591
Verastem
VSTM
$553M
| $5.79M | ﹤0.01% |
960,264
+11,474
| +1% | +$70.1K |
|
2592
Colony Bankcorp
CBAN
$466M
| $5.77M | ﹤0.01% |
357,099
+8,000
| +2% | +$132K |
|
2593
SIGA Technologies
SIGA
$224M
| $5.75M | ﹤0.01% |
1,048,825
-83,572
| -7% | -$495K |
|
2594
RBB Bancorp
RBB
$454M
| $5.75M | ﹤0.01% |
348,133
+19,014
| +6% | +$346K |
|
2595
NRC Health Common Stock
NRC
$443M
| $5.72M | ﹤0.01% |
446,573
+10,866
| +2% | +$174K |
|
2596
Ranpak Holdings
PACK
$474M
| $5.71M | ﹤0.01% |
1,054,002
+61,427
| +6% | +$404K |
|
2597
Viemed Healthcare
VMD
$363M
| $5.7M | ﹤0.01% |
783,162
+18,580
| +2% | +$146K |
|
|
TBCH
2598
Turtle Beach Corp
TBCH
$276M
| $5.7M | ﹤0.01% |
399,336
+2,355
| +0.6% | +$39.2K |
|
2599
Asure Software
ASUR
$255M
| $5.69M | ﹤0.01% |
596,101
+18,646
| +3% | +$204K |
|
2600
Funko
FNKO
$337M
| $5.65M | ﹤0.01% |
822,795
+22,054
| +3% | +$256K |
|
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.