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 | |
|---|---|---|---|---|---|---|
2901
Arq
ARQ
$89.3M
| $2.91M | ﹤0.01% |
698,595
+34,165
| +5% | +$194K |
|
|
LUCK
2902
Lucky Strike Entertainment
LUCK
$911M
| $2.9M | ﹤0.01% |
297,230
-275
| -0.1% | -$2.88K |
|
2903
PLAYSTUDIOS Inc
MYPS
$90.1M
| $2.89M | ﹤0.01% |
2,278,387
+51,514
| +2% | +$83.8K |
|
2904
Gencor Industries
GENC
$212M
| $2.89M | ﹤0.01% |
237,816
+8,740
| +4% | +$124K |
|
2905
ODDITY Tech
ODD
$651M
| $2.88M | ﹤0.01% |
66,502
+2,062
| +3% | +$91.6K |
|
|
SEG
2906
Seaport Entertainment Group
SEG
$362M
| $2.88M | ﹤0.01% |
133,887
+8,608
| +7% | +$210K |
|
|
JOYY
2907
JOYY Inc
JOYY
$3.75B
| $2.87M | ﹤0.01% |
68,477
-3,335
| -5% | -$150K |
|
|
TRUE
2908
DELISTED
TrueCar
TRUE
| $2.87M | ﹤0.01% |
1,818,696
-109,749
| -6% | -$305K |
|
|
PLL
2909
DELISTED
Piedmont Lithium
PLL
| $2.87M | ﹤0.01% |
454,863
+41,497
| +10% | +$332K |
|
2910
Lifeway Foods
LWAY
$481M
| $2.86M | ﹤0.01% |
117,008
+1,368
| +1% | +$30.7K |
|
2911
Perma-Fix Environmental Services
PESI
$383M
| $2.86M | ﹤0.01% |
393,178
+66,056
| +20% | +$593K |
|
2912
Empire Petroleum
EP
$111M
| $2.86M | ﹤0.01% |
454,513
+10,249
| +2% | +$65.8K |
|
2913
Amylyx Pharmaceuticals
AMLX
$2.54B
| $2.85M | ﹤0.01% |
806,161
+238,258
| +42% | +$848K |
|
2914
INmune Bio
INMB
$55.3M
| $2.85M | ﹤0.01% |
364,862
+1,260
| +0.3% | +$10K |
|
|
EQC
2915
DELISTED
Equity Commonwealth
EQC
| $2.84M | ﹤0.01% |
1,761,299
+519,531
| +42% | +$874K |
|
2916
Getty Images
GETY
$183M
| $2.83M | ﹤0.01% |
1,637,958
-37,677
| -2% | -$89.6K |
|
2917
Puma Biotechnology
PBYI
$454M
| $2.83M | ﹤0.01% |
955,456
+36,021
| +4% | +$113K |
|
2918
SEACOR Marine Holdings
SMHI
$258M
| $2.82M | ﹤0.01% |
558,017
+3,674
| +0.7% | +$22.7K |
|
|
ZBIO
2919
Zenas BioPharma
ZBIO
$2.05B
| $2.82M | ﹤0.01% |
357,156
+8,396
| +2% | +$65.7K |
|
2920
Acacia Research
ACTG
$470M
| $2.82M | ﹤0.01% |
879,988
-15,626
| -2% | -$63.9K |
|
|
KWY
2921
Kingsway Corp
KWY
$293M
| $2.81M | ﹤0.01% |
355,116
+9,577
| +3% | +$75.5K |
|
|
ATYR
2922
aTyr Pharma
ATYR
$50.1M
| $2.8M | ﹤0.01% |
927,800
+36,393
| +4% | +$133K |
|
2923
Forrester Research
FORR
$228M
| $2.8M | ﹤0.01% |
303,051
+11,193
| +4% | +$142K |
|
2924
Global Water Resources
GWRS
$219M
| $2.8M | ﹤0.01% |
271,480
-124
| -0% | -$1.41K |
|
2925
TaskUs
TASK
$669M
| $2.79M | ﹤0.01% |
204,795
+10,605
| +5% | +$159K |
|
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.