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 | |
|---|---|---|---|---|---|---|
3401
Transcontinental Realty Investors
TCI
$323M
| $750K | ﹤0.01% |
26,845
+1,990
| +8% | +$56K |
|
|
ASRT
3402
DELISTED
Assertio
ASRT
| $748K | ﹤0.01% |
73,846
+785
| +1% | +$9.36K |
|
|
LZMH
3403
LZ Technology Holdings
LZMH
$10.8M
| $747K | ﹤0.01% |
+5,402
| New | +$974K |
|
3404
Better Home & Finance Holding
BETR
$292M
| $744K | ﹤0.01% |
68,141
+2,834
| +4% | +$30.7K |
|
3405
GH Research
GHRS
$2.08B
| $741K | ﹤0.01% |
67,215
-5,298
| -7% | -$59.2K |
|
3406
First US Bancshares
FUSB
$90.8M
| $741K | ﹤0.01% |
55,438
+2,820
| +5% | +$36.8K |
|
|
JBIO
3407
Jade Biosciences
JBIO
$1.34B
| $741K | ﹤0.01% |
8,431
+12
| +0.1% | +$1.05K |
|
3408
Seer Inc
SEER
$120M
| $740K | ﹤0.01% |
437,462
+5,556
| +1% | +$12.1K |
|
3409
Gaia
GAIA
$48.4M
| $732K | ﹤0.01% |
190,187
+11,440
| +6% | +$53.6K |
|
3410
Hycroft Mining Holding Corp
HYMC
$2.47B
| $727K | ﹤0.01% |
224,457
+20,439
| +10% | +$52.5K |
|
|
CLSD
3411
DELISTED
Clearside Biomedical
CLSD
| $727K | ﹤0.01% |
52,816
+1,879
| +4% | +$27K |
|
|
NOTV
3412
DELISTED
Inotiv
NOTV
| $726K | ﹤0.01% |
328,481
+90,629
| +38% | +$332K |
|
3413
Comp X International
CIX
$371M
| $725K | ﹤0.01% |
34,972
+860
| +3% | +$20.6K |
|
3414
Espey Mfg & Electronics Corp
ESP
$187M
| $721K | ﹤0.01% |
26,583
+1,471
| +6% | +$40.5K |
|
3415
Universal Electronics
UEIC
$61.3M
| $720K | ﹤0.01% |
117,615
+3,174
| +3% | +$27.8K |
|
3416
Saga Communications
SGA
$63.9M
| $720K | ﹤0.01% |
57,734
-698
| -1% | -$8.42K |
|
|
MGRM
3417
DELISTED
Monogram Orthopaedics
MGRM
| $716K | ﹤0.01% |
243,407
+17,029
| +8% | +$45K |
|
|
GCTS
3418
GCT Semiconductor Holding
GCTS
$235M
| $715K | ﹤0.01% |
435,940
+10,791
| +3% | +$23K |
|
3419
Inhibikase Therapeutics
IKT
$388M
| $711K | ﹤0.01% |
324,760
+1,882
| +0.6% | +$4.73K |
|
3420
Ocean Power Technologies
OPTT
$49.9M
| $711K | ﹤0.01% |
1,560,050
+547,095
| +54% | +$393K |
|
|
VOXX
3421
DELISTED
VOXX International Corporation Class A
VOXX
| $711K | ﹤0.01% |
94,699
+224
| +0.2% | +$1.66K |
|
3422
Sensus Healthcare
SRTS
$50.5M
| $710K | ﹤0.01% |
150,151
+3,341
| +2% | +$19.4K |
|
|
SELF
3423
Global Self Storage
SELF
$58.8M
| $710K | ﹤0.01% |
140,742
-2,505
| -2% | -$12.9K |
|
3424
SunPower Inc
SPWR
$53.8M
| $707K | ﹤0.01% |
455,829
+182,454
| +67% | +$298K |
|
3425
Crexendo
CXDO
$222M
| $704K | ﹤0.01% |
144,471
+5,216
| +4% | +$30.6K |
|
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.