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 | |
|---|---|---|---|---|---|---|
|
OPRA
3701
Opera Ltd
OPRA
$1.79B
| $318K | ﹤0.01% |
19,937
| – | – |
|
3702
TMC The Metals Company
TMC
$1.98B
| $317K | ﹤0.01% |
184,173
| – | – |
|
3703
Loop Industries
LOOP
$32.9M
| $315K | ﹤0.01% |
273,414
+23,456
| +9% | +$28.1K |
|
3704
Harte-Hanks
HHS
| $314K | ﹤0.01% |
65,493
-4,865
| -7% | -$24.8K |
|
3705
Vor Biopharma
VOR
$1.28B
| $314K | ﹤0.01% |
21,901
+794
| +4% | +$19.1K |
|
3706
KALA BIO
KALA
$14.5M
| $314K | ﹤0.01% |
1,097
+144
| +15% | +$54.5K |
|
3707
Lake Shore Bancorp
LSBK
$134M
| $311K | ﹤0.01% |
19,682
+2,229
| +13% | +$34.2K |
|
3708
Prelude Therapeutics
PRLD
$390M
| $311K | ﹤0.01% |
404,955
+2,619
| +0.7% | +$2.44K |
|
|
CCEC
3709
Capital Clean Energy Carriers
CCEC
$1.35B
| $309K | ﹤0.01% |
16,081
+719
| +5% | +$13.6K |
|
3710
Immatics
IMTX
$1.32B
| $309K | ﹤0.01% |
68,451
-42,816
| -38% | -$223K |
|
|
ANSC
3711
Agriculture & Natural Solutions Acquisition Corp
ANSC
$476M
| $308K | ﹤0.01% |
28,872
| – | – |
|
|
ELEV
3712
DELISTED
Elevation Oncology
ELEV
| $307K | ﹤0.01% |
1,186,319
+28,747
| +2% | +$16.4K |
|
3713
Femasys
FEMY
$8.03M
| $307K | ﹤0.01% |
12,275
+1,467
| +14% | +$39.5K |
|
|
GIFT
3714
Giftify Inc
GIFT
$31.1M
| $306K | ﹤0.01% |
153,066
+12,301
| +9% | +$17.8K |
|
3715
Where Food Comes From
WFCF
$64.7M
| $304K | ﹤0.01% |
27,452
+1,497
| +6% | +$18.1K |
|
3716
Grove Collaborative
GROV
$46.1M
| $304K | ﹤0.01% |
224,901
+16,146
| +8% | +$24.9K |
|
3717
SOPHiA GENETICS
SOPH
$647M
| $302K | ﹤0.01% |
91,075
+100
| +0.1% | +$351 |
|
3718
Beam Global
BEEM
$25.3M
| $299K | ﹤0.01% |
146,731
+6,557
| +5% | +$16.9K |
|
3719
Key Tronic
KTCC
$44.7M
| $298K | ﹤0.01% |
115,379
+18,638
| +19% | +$61.8K |
|
3720
Surf Air Mobility
SRFM
$95.8M
| $297K | ﹤0.01% |
111,329
+18,119
| +19% | +$74.5K |
|
3721
American Resources Corp
AREC
$293M
| $297K | ﹤0.01% |
635,392
+3,457
| +0.5% | +$2.13K |
|
3722
Grupo Aeroportuario del Sureste
ASR
$8.3B
| $296K | ﹤0.01% |
1,082
-37
| -3% | -$10.1K |
|
3723
Reading International Class A
RDI
$34.3M
| $295K | ﹤0.01% |
212,524
+2,063
| +1% | +$3K |
|
3724
United-Guardian
UG
$33.5M
| $295K | ﹤0.01% |
32,848
+1,584
| +5% | +$16.3K |
|
3725
Lexaria Bioscience
LEXX
$8.71M
| $295K | ﹤0.01% |
11,497
+385
| +3% | +$9.8K |
|
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.