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 | |
|---|---|---|---|---|---|---|
2701
JFrog
FROG
$10.6B
| $4.54M | ﹤0.01% |
141,992
-1,489
| -1% | -$51.8K |
|
2702
USCB Financial Holdings
USCB
$409M
| $4.54M | ﹤0.01% |
244,474
+6,883
| +3% | +$128K |
|
2703
Tredegar Corp
TG
$303M
| $4.53M | ﹤0.01% |
587,769
+7,952
| +1% | +$61.2K |
|
2704
Ramaco Resources Class A
METC
$647M
| $4.53M | ﹤0.01% |
554,781
-47,760
| -8% | -$444K |
|
2705
Parke Bancorp
PKBK
$402M
| $4.52M | ﹤0.01% |
239,926
+9,246
| +4% | +$180K |
|
2706
Senseonics Holdings Inc
SENS
$340M
| $4.51M | ﹤0.01% |
343,641
+23,386
| +7% | +$386K |
|
|
ONIT
2707
Onity Group
ONIT
$328M
| $4.51M | ﹤0.01% |
139,509
+3,962
| +3% | +$131K |
|
|
DENN
2708
DELISTED
Denny's
DENN
| $4.51M | ﹤0.01% |
1,227,326
+39,476
| +3% | +$208K |
|
2709
Compass Therapeutics
CMPX
$384M
| $4.49M | ﹤0.01% |
2,364,896
+30,725
| +1% | +$81.7K |
|
2710
Baytex Energy
BTE
$2.94B
| $4.47M | ﹤0.01% |
1,514,562
+1,164,791
| +333% | +$2.77M |
|
2711
GrafTech
EAF
$205M
| $4.46M | ﹤0.01% |
509,984
-126
| -0% | -$1.64K |
|
2712
E.W. Scripps
SSP
$329M
| $4.46M | ﹤0.01% |
1,505,341
+36,514
| +2% | +$79.9K |
|
2713
Viant Technology
DSP
$266M
| $4.44M | ﹤0.01% |
357,741
-1,078
| -0.3% | -$19.8K |
|
2714
Inspired Entertainment
INSE
$173M
| $4.43M | ﹤0.01% |
518,857
+5,680
| +1% | +$54.6K |
|
2715
Li Auto
LI
$12.8B
| $4.42M | ﹤0.01% |
175,454
-2,313
| -1% | -$59.6K |
|
2716
BlackSky Technology
BKSY
$1.19B
| $4.41M | ﹤0.01% |
570,997
+19,553
| +4% | +$246K |
|
|
AEVA
2717
Aeva Technologies
AEVA
$1.82B
| $4.4M | ﹤0.01% |
627,936
+6,745
| +1% | +$27.8K |
|
2718
CVRx
CVRX
$66.3M
| $4.4M | ﹤0.01% |
359,358
+35,427
| +11% | +$500K |
|
|
PVBC
2719
DELISTED
Provident Bancorp
PVBC
| $4.39M | ﹤0.01% |
382,614
+9,297
| +2% | +$109K |
|
|
SLRN
2720
DELISTED
ACELYRIN
SLRN
| $4.38M | ﹤0.01% |
1,773,818
+64,732
| +4% | +$154K |
|
2721
Redwire
RDW
$3.2B
| $4.38M | ﹤0.01% |
528,166
+10,078
| +2% | +$167K |
|
2722
Cardiff Oncology
CRDF
$76.3M
| $4.38M | ﹤0.01% |
1,394,429
+411,551
| +42% | +$1.63M |
|
2723
Foster
FSTR
$433M
| $4.36M | ﹤0.01% |
221,721
+4,347
| +2% | +$109K |
|
2724
Alico
ALCO
$283M
| $4.35M | ﹤0.01% |
145,904
+979
| +0.7% | +$29.1K |
|
2725
iHeartMedia
IHRT
$596M
| $4.35M | ﹤0.01% |
2,635,904
+69,169
| +3% | +$139K |
|
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.