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 | |
|---|---|---|---|---|---|---|
3851
IGC Pharma
IGC
$26.8M
| $200K | ﹤0.01% |
700,014
+30,329
| +5% | +$9.57K |
|
3852
a.k.a. Brands
AKA
$119M
| $199K | ﹤0.01% |
14,769
+30
| +0.2% | +$472 |
|
3853
NexGel
NXGL
$3.51M
| $198K | ﹤0.01% |
66,447
+6,305
| +10% | +$20.5K |
|
|
SGRP
3854
DELISTED
SPAR Group
SGRP
| $198K | ﹤0.01% |
149,830
-238
| -0.2% | -$408 |
|
3855
Gilat Satellite Networks
GILT
$848M
| $197K | ﹤0.01% |
31,063
| – | – |
|
|
AMBR
3856
Amber International Holding Ltd
AMBR
$130M
| $197K | ﹤0.01% |
+16,433
| New | +$150K |
|
|
TWNP
3857
DELISTED
Twin Hospitality Group
TWNP
| $197K | ﹤0.01% |
+28,833
| New | +$263K |
|
3858
Data Storage Corp
DTST
$7.81M
| $196K | ﹤0.01% |
54,119
+486
| +0.9% | +$1.98K |
|
|
ISPO
3859
DELISTED
Inspirato
ISPO
| $196K | ﹤0.01% |
47,294
+9,513
| +25% | +$44.2K |
|
|
BNKK
3860
Bonk Inc
BNKK
$8.4M
| $194K | ﹤0.01% |
15,189
+1,139
| +8% | +$20.4K |
|
3861
Kamada
KMDA
$419M
| $194K | ﹤0.01% |
29,289
| – | – |
|
|
KORE
3862
DELISTED
KORE Group Holdings
KORE
| $193K | ﹤0.01% |
78,220
+1,974
| +3% | +$4.74K |
|
3863
Passage Bio
PASG
$14.1M
| $193K | ﹤0.01% |
27,305
+727
| +3% | +$7.86K |
|
3864
Coffee Holding Co
JVA
$20M
| $193K | ﹤0.01% |
54,276
+3,360
| +7% | +$16.5K |
|
|
ZSPC
3865
DELISTED
ZSPACE INC NEW
ZSPC
| $192K | ﹤0.01% |
+1,036
| New | +$353K |
|
|
CD
3866
Chaince Digital Holdings
CD
$211M
| $191K | ﹤0.01% |
35,706
+5,737
| +19% | +$36.5K |
|
3867
Jerash Holdings
JRSH
$63.5M
| $191K | ﹤0.01% |
56,085
-1,149
| -2% | -$4.08K |
|
|
BTM
3868
DELISTED
Bitcoin Depot
BTM
| $191K | ﹤0.01% |
18,044
+618
| +4% | +$6.27K |
|
|
HEPS
3869
D-Market Electronic Services & Trading
HEPS
$990M
| $189K | ﹤0.01% |
66,391
-178
| -0.3% | -$577 |
|
3870
Runway Growth Finance
RWAY
$287M
| $189K | ﹤0.01% |
18,253
| – | – |
|
|
ZSQR
3871
Z Squared Inc
ZSQR
$213M
| $187K | ﹤0.01% |
+19,969
| New | +$205K |
|
3872
Lipocine
LPCN
$17.6M
| $187K | ﹤0.01% |
58,834
+1,370
| +2% | +$5.3K |
|
3873
Optical Cable Corp
OCC
$143M
| $185K | ﹤0.01% |
66,451
+31,637
| +91% | +$135K |
|
3874
Satellogic
SATL
$849M
| $185K | ﹤0.01% |
49,366
| – | – |
|
3875
CalciMedica
CALC
$10.9M
| $184K | ﹤0.01% |
96,382
+5,516
| +6% | +$13.8K |
|
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.