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 | |
|---|---|---|---|---|---|---|
3426
United Bancorp
UBCP
$96M
| $704K | ﹤0.01% |
52,423
+3,295
| +7% | +$43.1K |
|
3427
Skye Bioscience
SKYE
$18.3M
| $701K | ﹤0.01% |
440,794
+35,100
| +9% | +$95.8K |
|
3428
Werewolf Therapeutics
HOWL
$19.3M
| $698K | ﹤0.01% |
717,524
+14,966
| +2% | +$19.6K |
|
3429
Research Solutions
RSSS
$72.2M
| $697K | ﹤0.01% |
268,164
+4,564
| +2% | +$15.6K |
|
3430
NeoVolta
NEOV
$155M
| $696K | ﹤0.01% |
320,671
+12,049
| +4% | +$40.4K |
|
3431
Vista Energy
VIST
$7.32B
| $695K | ﹤0.01% |
14,934
+521
| +4% | +$26.9K |
|
3432
Vermilion Energy
VET
$1.66B
| $692K | ﹤0.01% |
84,672
+4,188
| +5% | +$37.4K |
|
3433
AXT Inc
AXTI
$5.8B
| $689K | ﹤0.01% |
488,376
+22,023
| +5% | +$42.1K |
|
|
CCIR
3434
DELISTED
Cohen Circle Acquisition Corp. I Class A Ordinary Shares
CCIR
| $682K | ﹤0.01% |
+60,837
| New | +$671K |
|
3435
VistaGen Therapeutics
VTGN
$12.8M
| $676K | ﹤0.01% |
270,187
+13,261
| +5% | +$37.5K |
|
3436
PSQ Holdings
PSQH
$14.7M
| $676K | ﹤0.01% |
19,664
+5,184
| +36% | +$263K |
|
3437
AstroNova
ALOT
$227M
| $672K | ﹤0.01% |
73,102
+2,567
| +4% | +$28.5K |
|
3438
Journey Medical
DERM
$177M
| $671K | ﹤0.01% |
113,741
+4,525
| +4% | +$22.2K |
|
3439
Triple Flag Precious Metals
TFPM
$6.72B
| $666K | ﹤0.01% |
34,529
-40,210
| -54% | -$686K |
|
3440
Caesarstone
CSTE
$79.5M
| $666K | ﹤0.01% |
273,981
+1,506
| +0.6% | +$5.64K |
|
3441
Siebert Financial
SIEB
$68.4M
| $663K | ﹤0.01% |
220,302
+3,461
| +2% | +$9.55K |
|
3442
AMREP Corp
AXR
$119M
| $662K | ﹤0.01% |
32,992
+1,832
| +6% | +$48.9K |
|
3443
Amtech Systems
ASYS
$272M
| $660K | ﹤0.01% |
136,510
+3,754
| +3% | +$19.4K |
|
3444
Champions Oncology
CSBR
$72.1M
| $652K | ﹤0.01% |
75,134
+8,623
| +13% | +$87.4K |
|
3445
Ero Copper
ERO
$3.58B
| $652K | ﹤0.01% |
53,347
+4,680
| +10% | +$62.4K |
|
|
DQ
3446
Daqo New Energy
DQ
$996M
| $651K | ﹤0.01% |
35,967
+2,092
| +6% | +$41K |
|
|
CBNA
3447
Chain Bridge Bancorp
CBNA
$306M
| $650K | ﹤0.01% |
27,333
+7,113
| +35% | +$171K |
|
3448
Brookfield Infrastructure Partners
BIP
$18B
| $649K | ﹤0.01% |
19,434
+370
| +2% | +$11.6K |
|
3449
Phunware
PHUN
$43.6M
| $649K | ﹤0.01% |
220,055
+6,278
| +3% | +$24.1K |
|
3450
LivePerson
LPSN
$32.3M
| $649K | ﹤0.01% |
54,096
+2,590
| +5% | +$46.1K |
|
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.