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 | |
|---|---|---|---|---|---|---|
2601
Quanterix
QTRX
$179M
| $5.64M | ﹤0.01% |
865,870
+2,367
| +0.3% | +$19.8K |
|
|
WOW
2602
DELISTED
WideOpenWest
WOW
| $5.63M | ﹤0.01% |
1,136,239
+8,548
| +0.8% | +$39.3K |
|
2603
Ardagh Metal Packaging
AMBP
$3.01B
| $5.62M | ﹤0.01% |
1,859,674
+49,605
| +3% | +$139K |
|
2604
Plumas Bancorp
PLBC
$425M
| $5.61M | ﹤0.01% |
129,507
+5,831
| +5% | +$261K |
|
2605
Zumiez
ZUMZ
$336M
| $5.6M | ﹤0.01% |
375,879
+11,307
| +3% | +$174K |
|
2606
Radiant Logistics
RLGT
$394M
| $5.59M | ﹤0.01% |
907,957
+16,853
| +2% | +$114K |
|
2607
Red River Bancshares
RRBI
$661M
| $5.58M | ﹤0.01% |
107,967
+2,798
| +3% | +$151K |
|
2608
Immersion
IMMR
$247M
| $5.57M | ﹤0.01% |
735,298
-20,415
| -3% | -$167K |
|
|
CBLL
2609
CeriBell Inc
CBLL
$693M
| $5.54M | ﹤0.01% |
288,238
+31,168
| +12% | +$693K |
|
|
CGAU
2610
Centerra Gold
CGAU
$3.86B
| $5.51M | ﹤0.01% |
637,799
+111,832
| +21% | +$683K |
|
2611
Sana Biotechnology
SANA
$946M
| $5.5M | ﹤0.01% |
3,275,268
+82,187
| +3% | +$230K |
|
2612
First Internet Bancorp
INBK
$255M
| $5.5M | ﹤0.01% |
205,166
+4,906
| +2% | +$152K |
|
2613
Choiceone Financial
COFS
$513M
| $5.47M | ﹤0.01% |
190,221
+2,118
| +1% | +$67.8K |
|
2614
Target Hospitality
TH
$1.59B
| $5.47M | ﹤0.01% |
830,553
-31,140
| -4% | -$250K |
|
|
INR
2615
Infinity Natural Resources
INR
$239M
| $5.46M | ﹤0.01% |
+291,320
| New | +$5.46M |
|
2616
Aviat Networks
AVNW
$273M
| $5.44M | ﹤0.01% |
283,944
+11,825
| +4% | +$239K |
|
2617
Centuri Holdings
CTRI
$2.26B
| $5.44M | ﹤0.01% |
331,864
+11,195
| +3% | +$215K |
|
2618
Resources Connection
RGP
$145M
| $5.43M | ﹤0.01% |
830,843
+33,815
| +4% | +$262K |
|
2619
Waterstone Financial
WSBF
$374M
| $5.42M | ﹤0.01% |
402,641
+6,274
| +2% | +$85.5K |
|
2620
ReposiTrak
TRAK
$157M
| $5.41M | ﹤0.01% |
266,720
+5,649
| +2% | +$117K |
|
2621
Pure Cycle
PCYO
$258M
| $5.39M | ﹤0.01% |
514,756
+10,135
| +2% | +$115K |
|
2622
Methode Electronics
MEI
$585M
| $5.38M | ﹤0.01% |
842,847
+41,381
| +5% | +$408K |
|
2623
Entrada Therapeutics
TRDA
$265M
| $5.33M | ﹤0.01% |
589,075
+15,184
| +3% | +$189K |
|
2624
Lifecore Biomedical
LFCR
$179M
| $5.29M | ﹤0.01% |
750,498
+64,752
| +9% | +$402K |
|
2625
Orange County Bancorp
OBT
$516M
| $5.28M | ﹤0.01% |
225,482
+3,160
| +1% | +$80.9K |
|
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.