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 | |
|---|---|---|---|---|---|---|
3601
electroCore
ECOR
$72.9M
| $434K | ﹤0.01% |
64,896
+3,852
| +6% | +$55.1K |
|
3602
LiveWire
LVWR
$221M
| $433K | ﹤0.01% |
216,673
+1,629
| +0.8% | +$4.75K |
|
3603
Great Elm Group
GEG
$69.3M
| $433K | ﹤0.01% |
229,194
-3,440
| -1% | -$6.39K |
|
|
OMCC
3604
DELISTED
Old Market Capital Corp
OMCC
| $429K | ﹤0.01% |
71,237
-1,428
| -2% | -$9.04K |
|
3605
Ideal Power
IPWR
$74.2M
| $426K | ﹤0.01% |
81,915
+4,251
| +5% | +$26.7K |
|
3606
Babcock & Wilcox
BW
$1.39B
| $425K | ﹤0.01% |
632,144
+19,825
| +3% | +$24.5K |
|
3607
TELA Bio
TELA
$38.9M
| $423K | ﹤0.01% |
346,668
+35,263
| +11% | +$86.7K |
|
|
AHT
3608
Ashford Hospitality Trust
AHT
$21M
| $423K | ﹤0.01% |
58,946
+2,099
| +4% | +$16.8K |
|
|
DVLT
3609
Datavault AI
DVLT
$263M
| $421K | ﹤0.01% |
504,380
+432,788
| +605% | +$516K |
|
|
WHWK
3610
Whitehawk Therapeutics
WHWK
$271M
| $420K | ﹤0.01% |
235,840
+18,546
| +9% | +$48.4K |
|
3611
Cumberland Pharmaceuticals
CPIX
$117M
| $419K | ﹤0.01% |
99,091
+24,786
| +33% | +$103K |
|
3612
Ovid Therapeutics
OVID
$491M
| $415K | ﹤0.01% |
1,330,993
+1,558
| +0.1% | +$958 |
|
3613
Envela
ELA
$446M
| $415K | ﹤0.01% |
66,612
-1,744
| -3% | -$11.3K |
|
3614
Coda Octopus Group
CODA
$120M
| $414K | ﹤0.01% |
66,311
+6,887
| +12% | +$52.1K |
|
3615
iBio
IBIO
$70M
| $412K | ﹤0.01% |
102,609
+18,812
| +22% | +$73.1K |
|
3616
OptimumBank Holdings
OPHC
$112M
| $412K | ﹤0.01% |
100,319
+20,982
| +26% | +$94.1K |
|
3617
ClearSign Technologies
CLIR
$25.5M
| $412K | ﹤0.01% |
54,919
+1,219
| +2% | +$12.2K |
|
3618
Pathfinder Bancorp
PBHC
$104M
| $410K | ﹤0.01% |
24,934
+1,721
| +7% | +$28.9K |
|
3619
Lufax Holding
LU
$1.3B
| $409K | ﹤0.01% |
137,821
+12,454
| +10% | +$34.5K |
|
|
IMA
3620
ImageneBio Inc
IMA
$64.6M
| $406K | ﹤0.01% |
26,424
-906
| -3% | -$15.6K |
|
|
OPI
3621
DELISTED
Office Properties Income Trust
OPI
| $406K | ﹤0.01% |
889,908
+181,046
| +26% | +$155K |
|
|
QVCGB
3622
DELISTED
QVC Group, Inc. Series B Common Stock
QVCGB
| $404K | ﹤0.01% |
1,217
-641
| -34% | -$139K |
|
3623
Ambev
ABEV
$46.4B
| $403K | ﹤0.01% |
173,155
-229,220
| -57% | -$459K |
|
3624
Scilex Holding
SCLX
$48.9M
| $400K | ﹤0.01% |
45,999
+10,322
| +29% | +$130K |
|
|
RVPH
3625
DELISTED
REVIVA PHARMA HLDGS INC
RVPH
| $400K | ﹤0.01% |
20,957
+5,372
| +34% | +$169K |
|
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.