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 | |
|---|---|---|---|---|---|---|
3326
Alpha Teknova
TKNO
$347M
| $944K | ﹤0.01% |
181,834
-5,520
| -3% | -$40.8K |
|
3327
Stratasys
SSYS
$774M
| $937K | ﹤0.01% |
95,734
+28,336
| +42% | +$291K |
|
3328
Kewaunee Scientific
KEQU
$106M
| $937K | ﹤0.01% |
23,790
+623
| +3% | +$34.9K |
|
3329
DLH Holdings
DLHC
$69.9M
| $935K | ﹤0.01% |
230,864
+6,303
| +3% | +$38.6K |
|
3330
American Battery Technology Co
ABAT
$356M
| $933K | ﹤0.01% |
905,203
+99,051
| +12% | +$134K |
|
|
KG
3331
Kestrel Group
KG
$69M
| $932K | ﹤0.01% |
81,663
+1,390
| +2% | +$26.2K |
|
3332
Polestar Automotive Holding UK
PSNY
$2.06B
| $931K | ﹤0.01% |
29,546
-12,634
| -30% | -$417K |
|
3333
Skillsoft
SKIL
$81.6M
| $921K | ﹤0.01% |
47,862
+1,802
| +4% | +$47K |
|
3334
Provident Financial
PROV
$112M
| $920K | ﹤0.01% |
63,067
+2,508
| +4% | +$38.1K |
|
|
WMPN
3335
DELISTED
William Penn Bancorporation Common Stock
WMPN
| $918K | ﹤0.01% |
84,047
+671
| +0.8% | +$7.93K |
|
3336
CuriosityStream
CURI
$161M
| $916K | ﹤0.01% |
341,569
+10,954
| +3% | +$26.6K |
|
3337
Quantum Corp
QMCO
$474M
| $914K | ﹤0.01% |
63,578
+11,436
| +22% | +$249K |
|
3338
Ondas Inc
ONDS
$5.19B
| $914K | ﹤0.01% |
854,351
+128,186
| +18% | +$192K |
|
3339
CF Bankshares
CFBK
$236M
| $914K | ﹤0.01% |
41,470
+2,697
| +7% | +$63K |
|
3340
Tilly's
TLYS
$128M
| $906K | ﹤0.01% |
411,546
+13,213
| +3% | +$48.6K |
|
|
HIMX
3341
Himax Technologies
HIMX
$2.55B
| $905K | ﹤0.01% |
123,173
+23,853
| +24% | +$221K |
|
|
AC
3342
DELISTED
Associated Capital Group
AC
| $903K | ﹤0.01% |
23,551
+502
| +2% | +$18.3K |
|
3343
First Northwest Bancorp
FNWB
$104M
| $900K | ﹤0.01% |
88,542
+3,316
| +4% | +$35.1K |
|
3344
Ituran Location and Control
ITRN
$1.05B
| $891K | ﹤0.01% |
24,648
+8,484
| +52% | +$306K |
|
|
HURA
3345
TuHURA Biosciences
HURA
$136M
| $891K | ﹤0.01% |
275,732
+10,817
| +4% | +$39.9K |
|
3346
Shattuck Labs
STTK
$694M
| $887K | ﹤0.01% |
933,419
+21,952
| +2% | +$27K |
|
3347
SELLAS Life Sciences
SLS
$2.36B
| $886K | ﹤0.01% |
820,440
+86,894
| +12% | +$103K |
|
3348
Cibus
CBUS
$138M
| $886K | ﹤0.01% |
473,611
+81,224
| +21% | +$190K |
|
|
HLVX
3349
DELISTED
HilleVax
HLVX
| $883K | ﹤0.01% |
608,933
+4,981
| +0.8% | +$9.21K |
|
3350
Lantronix
LTRX
$266M
| $881K | ﹤0.01% |
353,883
+15,425
| +5% | +$49.7K |
|
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.