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 | |
|---|---|---|---|---|---|---|
3526
Harvard Bioscience
HBIO
$29.2M
| $523K | ﹤0.01% |
92,306
+399
| +0.4% | +$5.11K |
|
|
FARM
3527
DELISTED
Farmer Brothers
FARM
| $521K | ﹤0.01% |
234,758
+24,134
| +11% | +$52K |
|
3528
PDS Biotechnology
PDSB
$43.4M
| $521K | ﹤0.01% |
437,881
+20,664
| +5% | +$29.4K |
|
3529
Drilling Tools International
DTI
$80.1M
| $521K | ﹤0.01% |
219,748
+9,570
| +5% | +$29.6K |
|
|
NVNO
3530
enVVeno Medical
NVNO
$7.08M
| $519K | ﹤0.01% |
5,637
+445
| +9% | +$49.6K |
|
3531
Solarmax Technology
SMXT
$21.6M
| $515K | ﹤0.01% |
429,398
+11,961
| +3% | +$17.1K |
|
3532
ECARX Holdings
ECX
$432M
| $514K | ﹤0.01% |
408,286
+237,380
| +139% | +$507K |
|
3533
Milestone Scientific
MLSS
$42.6M
| $513K | ﹤0.01% |
549,756
+24,021
| +5% | +$26.4K |
|
|
EFXT
3534
Enerflex
EFXT
$2.44B
| $511K | ﹤0.01% |
65,553
+1,668
| +3% | +$14.7K |
|
|
NETD
3535
DELISTED
Nabors Energy Transition Corp II
NETD
| $510K | ﹤0.01% |
46,557
+16,381
| +54% | +$179K |
|
3536
Laird Superfood
LSF
$47.8M
| $510K | ﹤0.01% |
82,817
+1,764
| +2% | +$11.9K |
|
3537
Sabesp
SBS
$18.7B
| $507K | ﹤0.01% |
146,373
-4,966
| -3% | -$15.8K |
|
3538
Hennessy Advisors
HNNA
$78.5M
| $507K | ﹤0.01% |
50,880
+3,101
| +6% | +$35.9K |
|
3539
Summit State Bank
SSBI
$90.8M
| $505K | ﹤0.01% |
54,719
+1,715
| +3% | +$13.7K |
|
3540
Afya
AFYA
$1.27B
| $505K | ﹤0.01% |
28,150
+1,109
| +4% | +$18.5K |
|
3541
authID Inc
AUID
$10.6M
| $505K | ﹤0.01% |
104,017
+4,823
| +5% | +$28.4K |
|
3542
Goldgroup Mining Inc.
GORO
$191M
| $504K | ﹤0.01% |
987,888
+59,103
| +6% | +$24.5K |
|
|
VBFC
3543
DELISTED
Village Bank and Trust Financial Corp.
VBFC
| $500K | ﹤0.01% |
6,238
+71
| +1% | +$5.61K |
|
3544
Broadway Financial
BYFC
$103M
| $499K | ﹤0.01% |
69,553
+1,574
| +2% | +$11.9K |
|
3545
Heartbeam
BEAT
$29.1M
| $497K | ﹤0.01% |
247,369
+5,530
| +2% | +$11.8K |
|
3546
DHI Group
DHX
$173M
| $497K | ﹤0.01% |
357,126
-18,904
| -5% | -$42.9K |
|
3547
Canterbury Park Holding Corp
CPHC
$80M
| $496K | ﹤0.01% |
27,158
+1,184
| +5% | +$23.9K |
|
3548
FerroAtlántica
GSM
$839M
| $495K | ﹤0.01% |
133,385
-92,244
| -41% | -$356K |
|
3549
Hyperfine
HYPR
$101M
| $492K | ﹤0.01% |
686,116
+63,428
| +10% | +$65.2K |
|
3550
Lee Enterprises
LEE
$182M
| $492K | ﹤0.01% |
47,337
+1,152
| +2% | +$12.9K |
|
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.