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 | |
|---|---|---|---|---|---|---|
3151
OP Bancorp
OPBK
$233M
| $1.51M | ﹤0.01% |
125,402
+7,609
| +6% | +$104K |
|
3152
Frequency Electronics
FEIM
$816M
| $1.51M | ﹤0.01% |
96,200
+3,447
| +4% | +$56.7K |
|
|
INV
3153
Innventure Inc
INV
$289M
| $1.5M | ﹤0.01% |
195,039
+128,895
| +195% | +$1.32M |
|
3154
The ONE Group
STKS
$53M
| $1.5M | ﹤0.01% |
501,440
-4,897
| -1% | -$15.4K |
|
|
SGMO
3155
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $1.5M | ﹤0.01% |
2,283,450
+71,601
| +3% | +$75.8K |
|
3156
Black Diamond Therapeutics
BDTX
$112M
| $1.5M | ﹤0.01% |
965,599
+6,283
| +0.7% | +$13.2K |
|
|
CTEV
3157
Claritev Corp
CTEV
$556M
| $1.5M | ﹤0.01% |
72,492
+4,877
| +7% | +$97K |
|
3158
XBiotech
XBIT
$69.2M
| $1.49M | ﹤0.01% |
461,230
+6,703
| +1% | +$23.1K |
|
3159
Blue Ridge Bankshares
BRBS
$332M
| $1.49M | ﹤0.01% |
457,980
+13,131
| +3% | +$44.9K |
|
3160
Veru
VERU
$37.4M
| $1.49M | ﹤0.01% |
303,311
+3,536
| +1% | +$21.9K |
|
3161
Lifetime Brands
LCUT
$211M
| $1.48M | ﹤0.01% |
300,266
+6,668
| +2% | +$36.1K |
|
3162
Protara Therapeutics
TARA
$232M
| $1.48M | ﹤0.01% |
346,697
+167,104
| +93% | +$747K |
|
|
OPOF
3163
DELISTED
Old Point Financial
OPOF
| $1.47M | ﹤0.01% |
49,178
+4,086
| +9% | +$113K |
|
|
TSE
3164
DELISTED
Trinseo
TSE
| $1.47M | ﹤0.01% |
399,839
+11,088
| +3% | +$50.5K |
|
3165
Dorchester Minerals
DMLP
$1.26B
| $1.47M | ﹤0.01% |
48,875
+16,614
| +51% | +$522K |
|
|
NOTE
3166
DELISTED
FiscalNote
NOTE
| $1.46M | ﹤0.01% |
150,107
+18,738
| +14% | +$282K |
|
3167
Meridian
MRBK
$234M
| $1.45M | ﹤0.01% |
100,966
+6,905
| +7% | +$105K |
|
3168
Atomera
ATOM
$214M
| $1.45M | ﹤0.01% |
362,930
+28,731
| +9% | +$224K |
|
3169
Richmond Mutual Bancorp
RMBI
$254M
| $1.44M | ﹤0.01% |
112,735
+3,910
| +4% | +$51.4K |
|
3170
CB Financial Services
CBFV
$193M
| $1.44M | ﹤0.01% |
50,719
+2,500
| +5% | +$71.8K |
|
3171
First Majestic Silver
AG
$9.07B
| $1.44M | ﹤0.01% |
213,530
+69,519
| +48% | +$414K |
|
3172
Corbus Pharmaceuticals
CRBP
$190M
| $1.44M | ﹤0.01% |
271,514
+7,982
| +3% | +$70.5K |
|
3173
GrowGeneration
GRWG
$90.7M
| $1.44M | ﹤0.01% |
1,330,637
-38,316
| -3% | -$51.4K |
|
3174
Citizens Community Bancorp
CZWI
$202M
| $1.43M | ﹤0.01% |
99,137
-3,861
| -4% | -$59K |
|
3175
First Capital
FCAP
$214M
| $1.42M | ﹤0.01% |
37,308
+1,621
| +5% | +$57K |
|
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.