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 | |
|---|---|---|---|---|---|---|
3751
Orion Energy Systems
OESX
$80.6M
| $269K | ﹤0.01% |
37,320
+6,107
| +20% | +$49.4K |
|
3752
Pulmatrix
PULM
$6.06M
| $269K | ﹤0.01% |
40,368
+3,497
| +9% | +$25.7K |
|
|
DRRX
3753
DELISTED
DURECT Corp
DRRX
| $267K | ﹤0.01% |
333,328
+4,337
| +1% | +$3.49K |
|
|
ANEB
3754
DELISTED
Anebulo Pharmaceuticals
ANEB
| $267K | ﹤0.01% |
205,418
+114,077
| +125% | +$168K |
|
|
NINE
3755
DELISTED
Nine Energy Service
NINE
| $266K | ﹤0.01% |
234,983
+46,034
| +24% | +$56.5K |
|
3756
GEN Restaurant Group
GENK
$10.5M
| $264K | ﹤0.01% |
47,884
+1,283
| +3% | +$7.96K |
|
|
ACCS
3757
ACCESS Newswire
ACCS
$26.2M
| $262K | ﹤0.01% |
29,710
+1,832
| +7% | +$17.3K |
|
3758
Mobix Labs
MOBX
$26M
| $262K | ﹤0.01% |
29,347
+5,656
| +24% | +$66.3K |
|
3759
Chunghwa Telecom
CHT
$33B
| $261K | ﹤0.01% |
6,669
+1,102
| +20% | +$42.5K |
|
3760
Usio Inc
USIO
$64M
| $261K | ﹤0.01% |
178,823
-3,293
| -2% | -$5.95K |
|
|
VEEA
3761
Veea Inc
VEEA
$8.74M
| $259K | ﹤0.01% |
173,810
+6,247
| +4% | +$16K |
|
3762
Xtant Medical Holdings
XTNT
$62.3M
| $258K | ﹤0.01% |
549,265
+37,390
| +7% | +$19.7K |
|
|
NESR
3763
National Energy Services Reunited Corp
NESR
$2.93B
| $258K | ﹤0.01% |
+35,029
| New | +$302K |
|
3764
Dominari Holdings
DOMH
$55.4M
| $258K | ﹤0.01% |
64,417
+21,290
| +49% | +$102K |
|
3765
Oxbridge Re Holdings
OXBR
$10.8M
| $256K | ﹤0.01% |
135,416
+1,567
| +1% | +$5.96K |
|
3766
Exicure
XCUR
$8.54M
| $255K | ﹤0.01% |
19,098
+6,453
| +51% | +$71.2K |
|
3767
Kartoon Studios
TOON
$34.9M
| $254K | ﹤0.01% |
409,064
+41,767
| +11% | +$23.9K |
|
3768
AmpliTech
AMPG
$147M
| $252K | ﹤0.01% |
162,758
+76,847
| +89% | +$156K |
|
3769
Capital Southwest
CSWC
$1.6B
| $251K | ﹤0.01% |
11,251
| – | – |
|
3770
Ternium
TX
$10.6B
| $250K | ﹤0.01% |
8,011
+76
| +1% | +$2.3K |
|
3771
Laser Photonics
LASE
$57.2M
| $250K | ﹤0.01% |
81,276
+2,337
| +3% | +$9.81K |
|
|
REFI
3772
Chicago Atlantic Real Estate Finance
REFI
$261M
| $249K | ﹤0.01% |
16,921
+3,939
| +30% | +$61.4K |
|
3773
FTC Solar
FTCI
$44.9M
| $249K | ﹤0.01% |
86,749
+7,171
| +9% | +$25.2K |
|
3774
Texas Community Bancshares
TCBS
| $248K | ﹤0.01% |
15,510
+1,484
| +11% | +$23.6K |
|
3775
Sypris Solutions
SYPR
$46.7M
| $248K | ﹤0.01% |
154,005
+23,984
| +18% | +$46.6K |
|
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.