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 | |
|---|---|---|---|---|---|---|
2651
Ironwood Pharmaceuticals
IRWD
$701M
| $5.03M | ﹤0.01% |
3,418,089
+111,519
| +3% | +$266K |
|
2652
Absci
ABSI
$1.41B
| $5.01M | ﹤0.01% |
1,996,466
+46,656
| +2% | +$171K |
|
2653
Natural Gas Services Group
NGS
$469M
| $5M | ﹤0.01% |
227,596
+3,107
| +1% | +$78.6K |
|
|
CIO
2654
DELISTED
City Office REIT
CIO
| $5M | ﹤0.01% |
962,720
+13,164
| +1% | +$67.6K |
|
|
MCHB
2655
Mechanics Bancorp
MCHB
$3.72B
| $4.99M | ﹤0.01% |
425,361
+2,284
| +0.5% | +$22.6K |
|
2656
Mama's Creations
MAMA
$851M
| $4.99M | ﹤0.01% |
765,921
+8,125
| +1% | +$56K |
|
2657
Backblaze
BLZE
$1.12B
| $4.97M | ﹤0.01% |
1,029,129
+153,300
| +18% | +$944K |
|
|
PHLT
2658
DELISTED
Performant Healthcare Inc
PHLT
| $4.96M | ﹤0.01% |
1,676,663
+45,362
| +3% | +$118K |
|
2659
Anika Therapeutics
ANIK
$270M
| $4.96M | ﹤0.01% |
329,998
+7,220
| +2% | +$120K |
|
2660
Pagaya Technologies
PGY
$1.79B
| $4.96M | ﹤0.01% |
473,185
+10,622
| +2% | +$118K |
|
2661
PCB Bancorp
PCB
$395M
| $4.95M | ﹤0.01% |
264,340
+10,971
| +4% | +$212K |
|
2662
Aquestive Therapeutics
AQST
$492M
| $4.93M | ﹤0.01% |
1,700,706
+46,110
| +3% | +$140K |
|
2663
Allogene Therapeutics
ALLO
$680M
| $4.91M | ﹤0.01% |
3,359,438
+126,820
| +4% | +$239K |
|
2664
Aehr Test Systems
AEHR
$3.25B
| $4.88M | ﹤0.01% |
669,888
+22,278
| +3% | +$246K |
|
|
BRT
2665
BRT Apartments
BRT
$271M
| $4.88M | ﹤0.01% |
287,236
+14,470
| +5% | +$255K |
|
2666
Ocugen
OCGN
$420M
| $4.87M | ﹤0.01% |
6,888,821
+300,414
| +5% | +$208K |
|
2667
Universal Logistics Holdings
ULH
$485M
| $4.87M | ﹤0.01% |
185,374
+5,653
| +3% | +$193K |
|
2668
Beyond Meat
BYND
$272M
| $4.86M | ﹤0.01% |
1,593,370
+161,190
| +11% | +$593K |
|
|
FSUN
2669
FirstSun Capital Bancorp
FSUN
$1.96B
| $4.82M | ﹤0.01% |
133,401
+17,824
| +15% | +$710K |
|
2670
Mistras Group
MG
$498M
| $4.82M | ﹤0.01% |
455,751
+219
| +0% | +$2.16K |
|
|
MITT
2671
TPG Mortgage Investment Trust
MITT
$222M
| $4.82M | ﹤0.01% |
660,579
+8,032
| +1% | +$57K |
|
2672
John Marshall Bancorp
JMSB
$330M
| $4.82M | ﹤0.01% |
291,485
+7,291
| +3% | +$135K |
|
2673
Weyco Group
WEYS
$419M
| $4.82M | ﹤0.01% |
157,969
+5,058
| +3% | +$172K |
|
2674
GoodRx Holdings
GDRX
$1.26B
| $4.81M | ﹤0.01% |
1,089,625
+17,864
| +2% | +$83.8K |
|
2675
Tyra Biosciences
TYRA
$1.61B
| $4.8M | ﹤0.01% |
516,290
-1,288
| -0.2% | -$16.7K |
|
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.