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 | |
|---|---|---|---|---|---|---|
|
URG
2926
Ur-Energy
URG
$556M
| $2.78M | ﹤0.01% |
4,130,783
+115,616
| +3% | +$113K |
|
2927
IBEX
IBEX
$499M
| $2.77M | ﹤0.01% |
113,794
-2,593
| -2% | -$62.2K |
|
2928
American Vanguard Corp
AVD
$68.9M
| $2.75M | ﹤0.01% |
625,644
+29,873
| +5% | +$152K |
|
2929
Sanara MedTech
SMTI
$313M
| $2.74M | ﹤0.01% |
88,753
+881
| +1% | +$29.9K |
|
2930
Core Molding Technologies
CMT
$234M
| $2.73M | ﹤0.01% |
179,578
+4,124
| +2% | +$59.1K |
|
2931
Enanta Pharmaceuticals
ENTA
$400M
| $2.73M | ﹤0.01% |
494,205
+16,974
| +4% | +$105K |
|
2932
Nektar Therapeutics
NKTR
$2.58B
| $2.73M | ﹤0.01% |
267,275
+3,436
| +1% | +$44.9K |
|
2933
Safe Bulkers
SB
$774M
| $2.73M | ﹤0.01% |
738,889
+16,419
| +2% | +$59.8K |
|
|
ALMS
2934
Alumis Inc
ALMS
$3.52B
| $2.72M | ﹤0.01% |
443,699
+128,128
| +41% | +$745K |
|
|
GRSD
2935
Grandstand Limited Ordinary Shares
GRSD
$67M
| $2.69M | ﹤0.01% |
213,262
-5,221
| -2% | -$73.4K |
|
2936
Clarus
CLAR
$143M
| $2.68M | ﹤0.01% |
714,556
+180
| +0% | +$807 |
|
2937
KULR Technology Group
KULR
$135M
| $2.67M | ﹤0.01% |
252,831
+35,538
| +16% | +$555K |
|
|
EXOD
2938
Exodus Movement Inc
EXOD
$165M
| $2.67M | ﹤0.01% |
+58,256
| New | +$2.58M |
|
2939
Bel Fuse Inc Class A
BELFA
$3.37B
| $2.66M | ﹤0.01% |
36,942
+81
| +0.2% | +$6.62K |
|
2940
908 Devices
MASS
$364M
| $2.64M | ﹤0.01% |
589,839
+8,539
| +1% | +$25.3K |
|
|
PVLA
2941
Palvella Therapeutics
PVLA
$2.27B
| $2.64M | ﹤0.01% |
94,199
+79,929
| +560% | +$1.54M |
|
2942
Ginkgo Bioworks
DNA
$521M
| $2.61M | ﹤0.01% |
458,429
+21,404
| +5% | +$218K |
|
|
KEEL
2943
Keel Infrastructure Corp
KEEL
$2.34B
| $2.61M | ﹤0.01% |
3,323,846
+1,070,800
| +48% | +$1.42M |
|
2944
Nerdy
NRDY
$96.1M
| $2.61M | ﹤0.01% |
1,837,067
+86,207
| +5% | +$145K |
|
2945
Flotek Industries
FTK
$1.28B
| $2.59M | ﹤0.01% |
311,269
+8,730
| +3% | +$75.4K |
|
2946
Stereotaxis
STXS
$141M
| $2.58M | ﹤0.01% |
1,464,310
+64,812
| +5% | +$138K |
|
2947
Alta Equipment Group
ALTG
$244M
| $2.57M | ﹤0.01% |
547,566
+4,959
| +0.9% | +$30.9K |
|
2948
Orchestra BioMed
OBIO
$254M
| $2.55M | ﹤0.01% |
595,432
+22,991
| +4% | +$114K |
|
2949
Hooker Furnishings Corp
HOFT
$166M
| $2.55M | ﹤0.01% |
253,661
+11,831
| +5% | +$150K |
|
2950
Stratus Properties
STRS
$154M
| $2.55M | ﹤0.01% |
143,390
+3,536
| +3% | +$67K |
|
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.