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 | |
|---|---|---|---|---|---|---|
|
FFNW
2751
DELISTED
First Financial Northwest, Inc
FFNW
| $4.02M | ﹤0.01% |
177,403
+7,320
| +4% | +$157K |
|
2752
Red Cat Holdings
RCAT
$1.36B
| $4.02M | ﹤0.01% |
682,599
+80,003
| +13% | +$641K |
|
2753
Investar Holding Corp
ISTR
$413M
| $4.01M | ﹤0.01% |
227,921
+7,152
| +3% | +$134K |
|
2754
Virginia National Bankshares
VABK
$259M
| $3.99M | ﹤0.01% |
110,456
+2,014
| +2% | +$72.7K |
|
2755
OppFi
OPFI
$802M
| $3.97M | ﹤0.01% |
426,897
+14,536
| +4% | +$162K |
|
|
LNKB
2756
DELISTED
LINKBANCORP
LNKB
| $3.97M | ﹤0.01% |
584,793
+19,489
| +3% | +$140K |
|
2757
Oak Valley Bancorp
OVLY
$278M
| $3.96M | ﹤0.01% |
158,830
+3,568
| +2% | +$93.2K |
|
2758
Greene County Bancorp
GCBC
$580M
| $3.96M | ﹤0.01% |
164,323
+2,334
| +1% | +$60.4K |
|
|
BLFY
2759
DELISTED
Blue Foundry Bancorp
BLFY
| $3.96M | ﹤0.01% |
429,897
+8,274
| +2% | +$79K |
|
2760
BARK
BARK
$98M
| $3.95M | ﹤0.01% |
141,992
+3,542
| +3% | +$124K |
|
2761
Delcath Systems
DCTH
$526M
| $3.93M | ﹤0.01% |
308,269
+19,318
| +7% | +$274K |
|
2762
FVCBankcorp
FVCB
$334M
| $3.92M | ﹤0.01% |
371,166
+12,562
| +4% | +$144K |
|
|
TTSH
2763
DELISTED
Tile Shop Holdings
TTSH
| $3.92M | ﹤0.01% |
605,339
-294
| -0% | -$2.06K |
|
|
ARDT
2764
Ardent Health
ARDT
$1.64B
| $3.92M | ﹤0.01% |
285,079
+142,516
| +100% | +$2.08M |
|
2765
Mayville Engineering Co
MEC
$618M
| $3.91M | ﹤0.01% |
290,769
+13,320
| +5% | +$200K |
|
|
ONTF
2766
DELISTED
ON24
ONTF
| $3.9M | ﹤0.01% |
749,924
+10,142
| +1% | +$62.9K |
|
2767
Candel Therapeutics
CADL
$773M
| $3.89M | ﹤0.01% |
687,461
+232,037
| +51% | +$1.9M |
|
|
ITOS
2768
DELISTED
iTeos Therapeutics
ITOS
| $3.88M | ﹤0.01% |
650,053
+5,152
| +0.8% | +$37.8K |
|
|
SRTA
2769
Strata Critical Medical Inc
SRTA
$521M
| $3.88M | ﹤0.01% |
1,421,456
+49,479
| +4% | +$178K |
|
2770
Methanex
MEOH
$4.15B
| $3.88M | ﹤0.01% |
110,258
+2,986
| +3% | +$134K |
|
2771
Eton Pharmaceutcials
ETON
$1.24B
| $3.87M | ﹤0.01% |
298,248
+29,602
| +11% | +$447K |
|
2772
Kaltura
KLTR
$261M
| $3.86M | ﹤0.01% |
2,054,153
+52,698
| +3% | +$118K |
|
2773
Savers
SVV
$1.92B
| $3.86M | ﹤0.01% |
559,332
+4,478
| +0.8% | +$41.4K |
|
2774
Innovative Industrial Properties
IIPR
$1.71B
| $3.86M | ﹤0.01% |
71,181
+16,002
| +29% | +$1.11M |
|
2775
KRONOS Worldwide
KRO
$962M
| $3.86M | ﹤0.01% |
515,579
+9,852
| +2% | +$86.9K |
|
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.