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 | |
|---|---|---|---|---|---|---|
3451
Marchex
MCHX
$79.7M
| $645K | ﹤0.01% |
395,865
+36,224
| +10% | +$70.4K |
|
|
FIRY
3452
Firy Inc
FIRY
$163M
| $645K | ﹤0.01% |
143,257
+9,522
| +7% | +$54.3K |
|
3453
BayFirst Financial Corp
BAFN
$34M
| $644K | ﹤0.01% |
38,500
+2,399
| +7% | +$40.1K |
|
3454
Wrap Technologies
WRAP
$104M
| $643K | ﹤0.01% |
375,732
+26,136
| +7% | +$54.1K |
|
3455
Lightspeed Commerce
LSPD
$1.35B
| $640K | ﹤0.01% |
72,467
+5,200
| +8% | +$67K |
|
|
LOAN
3456
Manhattan Bridge Capital
LOAN
$47.1M
| $639K | ﹤0.01% |
108,107
-6,917
| -6% | -$38.9K |
|
|
JKS
3457
JinkoSolar
JKS
$891M
| $639K | ﹤0.01% |
34,277
-3,416
| -9% | -$76K |
|
3458
CAMP4 Therapeutics
CAMP
$266M
| $638K | ﹤0.01% |
159,602
+14,516
| +10% | +$70.2K |
|
3459
Franklin Wireless
FKWL
$27M
| $634K | ﹤0.01% |
110,953
+11,094
| +11% | +$63K |
|
3460
Cue Biopharma
CUE
$114M
| $632K | ﹤0.01% |
23,130
+2,087
| +10% | +$77.5K |
|
|
SACH
3461
Sachem Capital Corp
SACH
$39.8M
| $630K | ﹤0.01% |
542,709
-8,767
| -2% | -$10.1K |
|
|
TBNK
3462
DELISTED
Territorial Bancorp Inc.
TBNK
| $629K | ﹤0.01% |
75,067
+361
| +0.5% | +$3.14K |
|
|
FINV
3463
FinVolution Group
FINV
$1.15B
| $627K | ﹤0.01% |
65,107
-10,701
| -14% | -$87.7K |
|
3464
Elutia
ELUT
$37.6M
| $624K | ﹤0.01% |
246,564
+56,367
| +30% | +$170K |
|
3465
Intercorp Financial Services
IFS
$6.55B
| $624K | ﹤0.01% |
18,825
+1,493
| +9% | +$46.9K |
|
3466
Algoma Steel
ASTL
$431M
| $623K | ﹤0.01% |
114,459
-38,387
| -25% | -$288K |
|
3467
Intellicheck
IDN
$79.6M
| $623K | ﹤0.01% |
205,577
+5,742
| +3% | +$15.1K |
|
|
UHG
3468
DELISTED
United Homes Group
UHG
| $622K | ﹤0.01% |
222,166
+121,836
| +121% | +$471K |
|
3469
Acrivon Therapeutics
ACRV
$74M
| $622K | ﹤0.01% |
306,111
+4,722
| +2% | +$25.4K |
|
|
MKFG
3470
DELISTED
Markforged Holding Corporation
MKFG
| $616K | ﹤0.01% |
131,558
+5,781
| +5% | +$17.6K |
|
3471
Cytosorbents Corp
CTSO
$22.6M
| $614K | ﹤0.01% |
613,855
+139,702
| +29% | +$147K |
|
3472
Fractyl Health
GUTS
$111M
| $613K | ﹤0.01% |
515,455
+2,376
| +0.5% | +$3.79K |
|
3473
Denison Mines
DNN
$2.91B
| $613K | ﹤0.01% |
464,612
+32,593
| +8% | +$54.4K |
|
3474
ICICI Bank
IBN
$108B
| $608K | ﹤0.01% |
19,278
+2,187
| +13% | +$63.5K |
|
|
CVAC
3475
DELISTED
CureVac
CVAC
| $606K | ﹤0.01% |
218,826
-22,924
| -9% | -$79.8K |
|
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.