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 | |
|---|---|---|---|---|---|---|
|
AVR
3476
Anteris Technologies
AVR
$867M
| $602K | ﹤0.01% |
+165,339
| New | +$1.06M |
|
3477
Pharvaris
PHVS
$2.44B
| $602K | ﹤0.01% |
38,333
| – | – |
|
|
EXK
3478
Endeavour Silver
EXK
$2.83B
| $599K | ﹤0.01% |
139,030
+19,839
| +17% | +$79.7K |
|
|
FDSB
3479
Fifth District Bancorp
FDSB
$94M
| $596K | ﹤0.01% |
48,844
+511
| +1% | +$6.43K |
|
3480
KLX Energy Services
KLXE
$42.3M
| $596K | ﹤0.01% |
170,178
+10,947
| +7% | +$52.4K |
|
3481
Forafric Global
AFRI
$301M
| $595K | ﹤0.01% |
69,169
-1,471
| -2% | -$13.7K |
|
|
AIFC
3482
AI Financial Corp
AIFC
$61.3M
| $593K | ﹤0.01% |
152,656
+18,380
| +14% | +$102K |
|
3483
Fossil Group
FOSL
$318M
| $591K | ﹤0.01% |
513,381
+15,995
| +3% | +$25.1K |
|
|
ICAD
3484
DELISTED
iCAD Inc
ICAD
| $590K | ﹤0.01% |
286,289
+9,796
| +4% | +$24.9K |
|
3485
Bank Of The James
BOTJ
$124M
| $590K | ﹤0.01% |
39,892
+1,576
| +4% | +$21.3K |
|
3486
Cato Corp
CATO
$66.1M
| $590K | ﹤0.01% |
177,032
+10,832
| +7% | +$36.4K |
|
|
SII
3487
Sprott
SII
$3.03B
| $589K | ﹤0.01% |
13,041
-8,334
| -39% | -$359K |
|
3488
New Mountain Finance
NMFC
$732M
| $588K | ﹤0.01% |
53,270
| – | – |
|
3489
Fiverr
FVRR
$339M
| $585K | ﹤0.01% |
24,705
+89
| +0.4% | +$2.59K |
|
|
GATE
3490
DELISTED
Marblegate Acquisition Corp. Class A Common Stock
GATE
| $585K | ﹤0.01% |
29,809
-2,136
| -7% | -$30.2K |
|
3491
Adicet Bio
ACET
$74.7M
| $582K | ﹤0.01% |
48,169
+198
| +0.4% | +$2.83K |
|
3492
Canadian Solar
CSIQ
$1.08B
| $579K | ﹤0.01% |
66,925
-9,440
| -12% | -$99.4K |
|
|
KC
3493
Kingsoft Cloud Holdings
KC
$3.69B
| $579K | ﹤0.01% |
40,287
-80,266
| -67% | -$1.2M |
|
3494
Comtech Telecommunications
CMTL
$51.8M
| $572K | ﹤0.01% |
357,141
+12,013
| +3% | +$27.5K |
|
3495
First Guaranty Bancshares
FGBI
$159M
| $567K | ﹤0.01% |
73,654
+5,245
| +8% | +$48.1K |
|
3496
Culp Inc
CULP
$44.1M
| $567K | ﹤0.01% |
113,401
+9,786
| +9% | +$51.8K |
|
3497
Roadzen
RDZN
$112M
| $563K | ﹤0.01% |
541,777
+54,376
| +11% | +$73.1K |
|
|
IROQ
3498
DELISTED
IF Bancorp
IROQ
| $562K | ﹤0.01% |
23,332
+713
| +3% | +$17.1K |
|
3499
CarParts.com
PRTS
$54.7M
| $559K | ﹤0.01% |
55,925
+2,049
| +4% | +$22.4K |
|
|
NNDM
3500
Nano Dimension
NNDM
$343M
| $559K | ﹤0.01% |
351,342
-149,184
| -30% | -$338K |
|
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.