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 | |
|---|---|---|---|---|---|---|
|
TGB
3651
Trekor Metals
TGB
$3.05B
| $371K | ﹤0.01% |
165,984
+20,961
| +14% | +$44.5K |
|
|
OKUR
3652
OnKure Therapeutics
OKUR
$168M
| $371K | ﹤0.01% |
86,311
+9,712
| +13% | +$54.6K |
|
3653
Westwater Resources
WWR
$97.5M
| $371K | ﹤0.01% |
672,825
+64,780
| +11% | +$50.5K |
|
3654
Fortress Biotech
FBIO
$88.7M
| $371K | ﹤0.01% |
237,534
+32,997
| +16% | +$58.2K |
|
3655
Rockwell Medical
RMTI
$28.2M
| $367K | ﹤0.01% |
32,454
+412
| +1% | +$7.48K |
|
|
NEXN
3656
Nexxen International
NEXN
$607M
| $366K | ﹤0.01% |
+43,872
| New | +$396K |
|
3657
RLX Technology
RLX
$2.46B
| $366K | ﹤0.01% |
194,830
-19,014
| -9% | -$42.2K |
|
3658
Grupo Aeroportuario Centro Norte
OMAB
$5.33B
| $365K | ﹤0.01% |
4,641
-499
| -10% | -$38.6K |
|
3659
Exagen
XGN
$166M
| $361K | ﹤0.01% |
100,599
+2,542
| +3% | +$9.6K |
|
|
TUYA
3660
Tuya Inc
TUYA
$1.1B
| $359K | ﹤0.01% |
118,570
-13,910
| -10% | -$41.2K |
|
3661
Crown Crafts
CRWS
$32.3M
| $359K | ﹤0.01% |
98,367
+3,807
| +4% | +$16K |
|
|
DFNS
3662
T3 Defense Inc
DFNS
$38.3M
| $356K | ﹤0.01% |
240
+147
| +158% | +$346K |
|
3663
RAVE Restaurant Group
RAVE
$44.6M
| $356K | ﹤0.01% |
129,349
+410
| +0.3% | +$1.1K |
|
3664
Riskified
RSKD
$716M
| $355K | ﹤0.01% |
76,852
+3,122
| +4% | +$15.7K |
|
3665
Comscore
SCOR
$109M
| $354K | ﹤0.01% |
51,489
+1,052
| +2% | +$7.04K |
|
3666
Precision BioSciences
DTIL
$207M
| $352K | ﹤0.01% |
73,687
+9,146
| +14% | +$46.6K |
|
3667
Smartbird Inc
BIRD
$22.3M
| $351K | ﹤0.01% |
54,553
+617
| +1% | +$3.98K |
|
3668
Offerpad Solutions
OPAD
$23.1M
| $351K | ﹤0.01% |
21,123
+405
| +2% | +$8.82K |
|
3669
Dyadic International
DYAI
$36.4M
| $349K | ﹤0.01% |
258,422
+18,247
| +8% | +$27.5K |
|
3670
Broadwind
BWEN
$109M
| $349K | ﹤0.01% |
240,480
+7,713
| +3% | +$12.9K |
|
3671
Atara Biotherapeutics
ATRA
$76.1M
| $349K | ﹤0.01% |
58,679
+3,935
| +7% | +$34.4K |
|
|
IRD
3672
Opus Genetics
IRD
$302M
| $347K | ﹤0.01% |
353,409
+39,425
| +13% | +$44K |
|
3673
AN2 Therapeutics
ANTX
$214M
| $345K | ﹤0.01% |
253,923
+26,127
| +11% | +$32.9K |
|
3674
Solitario Resources
XPL
$72.9M
| $345K | ﹤0.01% |
575,417
-4,453
| -0.8% | -$2.92K |
|
3675
NCS Multistage Holdings
NCSM
$125M
| $345K | ﹤0.01% |
9,864
+335
| +4% | +$9.93K |
|
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.