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 | |
|---|---|---|---|---|---|---|
4026
GameSquare
GAME
$37.3M
| $103K | ﹤0.01% |
172,718
+142,829
| +478% | +$116K |
|
4027
ASE Group
ASX
$82.2B
| $102K | ﹤0.01% |
11,675
-595
| -5% | -$6.05K |
|
|
NTWO
4028
Newbury Street II Acquisition Corp
NTWO
| $102K | ﹤0.01% |
+10,095
| New | +$101K |
|
|
ZSTK
4029
ZeroStack Corp
ZSTK
$19M
| $100K | ﹤0.01% |
4,245
+888
| +26% | +$28.1K |
|
|
AXDX
4030
DELISTED
Accelerate Diagnostics
AXDX
| $99.9K | ﹤0.01% |
142,518
+6,786
| +5% | +$7.73K |
|
4031
Senti Biosciences Holdings
SNTI
$11M
| $99.9K | ﹤0.01% |
29,726
+2,232
| +8% | +$8.69K |
|
4032
Inno Holdings
INHD
$23.2M
| $99.5K | ﹤0.01% |
44
+12
| +38% | +$27.2K |
|
4033
Clean Energy Technologies
CETY
$10.7M
| $99.4K | ﹤0.01% |
13,527
+1,875
| +16% | +$14.4K |
|
4034
Corvex Inc
MOVE
$358M
| $99.2K | ﹤0.01% |
7,358
+185
| +3% | +$5.91K |
|
4035
Codere Online
CDRO
$408M
| $98.6K | ﹤0.01% |
13,600
| – | – |
|
|
CMBM
4036
DELISTED
Cambium Networks
CMBM
| $98.5K | ﹤0.01% |
139,650
+7,183
| +5% | +$7.03K |
|
|
SBDS
4037
DELISTED
Solo Brands Inc
SBDS
| $97.9K | ﹤0.01% |
14,586
-464
| -3% | -$14.2K |
|
4038
Royalty Management
RMCO
$44.3M
| $97.5K | ﹤0.01% |
87,838
+1,760
| +2% | +$1.89K |
|
4039
MiNK Therapeutics
INKT
$54.6M
| $97.3K | ﹤0.01% |
11,254
+1,643
| +17% | +$14.6K |
|
|
SANW
4040
DELISTED
S&W Seed Co
SANW
| $96.6K | ﹤0.01% |
13,316
+795
| +6% | +$6.5K |
|
|
AGPU
4041
Axe Compute Inc
AGPU
$96.6M
| $95.7K | ﹤0.01% |
4,195
+781
| +23% | +$16K |
|
4042
Worksport
WKSP
$10.5M
| $95.5K | ﹤0.01% |
29,921
+2,579
| +9% | +$18.8K |
|
4043
Alpha Tau Medical
DRTS
$1.19B
| $95.1K | ﹤0.01% |
37,893
| – | – |
|
4044
Tandy Leather Factory
TLF
$20M
| $94.7K | ﹤0.01% |
32,658
+3,795
| +13% | +$15.2K |
|
4045
BioCardia
BCDA
$14.6M
| $94.6K | ﹤0.01% |
37,231
+6,244
| +20% | +$15.1K |
|
4046
China Automotive Systems
CAAS
$133M
| $94.5K | ﹤0.01% |
21,380
| – | – |
|
4047
IN8bio
INAB
$9.64M
| $94.4K | ﹤0.01% |
18,954
+1,781
| +10% | +$14.2K |
|
4048
Newegg Commerce
NEGG
$359M
| $93.4K | ﹤0.01% |
18,145
-3,849
| -18% | -$30.9K |
|
|
APCX
4049
DELISTED
AppTech Payments
APCX
| $93K | ﹤0.01% |
223,900
+25,378
| +13% | +$10.9K |
|
4050
Estrella Immunopharma
ESLA
$31.1M
| $92.9K | ﹤0.01% |
100,173
+6,755
| +7% | +$7.43K |
|
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.