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 | |
|---|---|---|---|---|---|---|
|
MRUS
3001
DELISTED
Merus
MRUS
| $2.22M | ﹤0.01% |
52,686
+50
| +0.1% | +$2.18K |
|
3002
Alvotech
ALVO
$1.29B
| $2.21M | ﹤0.01% |
228,717
+11,130
| +5% | +$135K |
|
3003
Nkarta
NKTX
$172M
| $2.21M | ﹤0.01% |
1,198,313
+16,956
| +1% | +$34.8K |
|
3004
EVI Industries
EVI
$180M
| $2.19M | ﹤0.01% |
130,653
+16,773
| +15% | +$293K |
|
3005
Strawberry Fields REIT
STRW
$190M
| $2.17M | ﹤0.01% |
182,194
+77,947
| +75% | +$902K |
|
3006
Zentalis Pharmaceuticals
ZNTL
$302M
| $2.16M | ﹤0.01% |
1,355,669
+42,705
| +3% | +$92.1K |
|
3007
Citizens
CIA
$192M
| $2.16M | ﹤0.01% |
473,394
+18,433
| +4% | +$88.8K |
|
3008
Coherus Oncology
CHRS
$196M
| $2.14M | ﹤0.01% |
2,655,500
+55,861
| +2% | +$64.3K |
|
|
SUNS
3009
Sunrise Realty Trust
SUNS
$105M
| $2.13M | ﹤0.01% |
192,571
+66,629
| +53% | +$801K |
|
3010
Motorcar Parts of America
MPAA
$258M
| $2.13M | ﹤0.01% |
223,852
+7,833
| +4% | +$68.4K |
|
|
SCPH
3011
DELISTED
scPharmaceuticals
SCPH
| $2.12M | ﹤0.01% |
807,480
+56,987
| +8% | +$186K |
|
3012
Zai Lab
ZLAB
$2.62B
| $2.11M | ﹤0.01% |
58,492
+2,972
| +5% | +$91.4K |
|
3013
eGain
EGAN
$201M
| $2.11M | ﹤0.01% |
434,921
+13,191
| +3% | +$74.7K |
|
|
LOGC
3014
DELISTED
ContextLogic
LOGC
| $2.07M | ﹤0.01% |
296,401
+12,683
| +4% | +$94.4K |
|
|
LB
3015
LandBridge Co
LB
$2.1B
| $2.07M | ﹤0.01% |
28,741
+10,474
| +57% | +$741K |
|
|
MPX
3016
DELISTED
Marine Products Corp
MPX
| $2.06M | ﹤0.01% |
245,623
+7,510
| +3% | +$66.1K |
|
3017
Achieve Life Sciences
ACHV
$683M
| $2.05M | ﹤0.01% |
768,966
+13,121
| +2% | +$40.8K |
|
3018
Lakeland Industries
LAKE
$119M
| $2.05M | ﹤0.01% |
100,885
+26,839
| +36% | +$617K |
|
3019
Enterprise Products Partners
EPD
$81.7B
| $2.05M | ﹤0.01% |
59,960
+1,601
| +3% | +$53.3K |
|
3020
Geospace Technologies
GEOS
$75.7M
| $2.05M | ﹤0.01% |
283,732
-3,268
| -1% | -$28.1K |
|
3021
Lexeo Therapeutics
LXEO
$378M
| $2.04M | ﹤0.01% |
586,516
+19,133
| +3% | +$84.8K |
|
3022
ProKidney
PROK
$337M
| $2.04M | ﹤0.01% |
2,322,269
+90,339
| +4% | +$125K |
|
3023
Twin Disc
TWIN
$348M
| $2.03M | ﹤0.01% |
268,298
+12,808
| +5% | +$124K |
|
3024
Cardlytics
CDLX
$21.5M
| $2.03M | ﹤0.01% |
111,506
+5,432
| +5% | +$155K |
|
3025
GoPro
GPRO
$126M
| $2.03M | ﹤0.01% |
3,061,607
+137,708
| +5% | +$121K |
|
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.