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 | |
|---|---|---|---|---|---|---|
|
CYPH
4051
Cypherpunk Technologies Inc
CYPH
$73.3M
| $92.8K | ﹤0.01% |
304,111
-27,297
| -8% | -$30.1K |
|
4052
Hydrofarm Holdings
HYFM
$7.62M
| $92.7K | ﹤0.01% |
49,031
+1,468
| +3% | +$7.4K |
|
|
PEV
4053
DELISTED
Phoenix Motor Inc. Common Stock
PEV
| $92.3K | ﹤0.01% |
265,075
+91,493
| +53% | +$32.9K |
|
|
PRPH
4054
DELISTED
ProPhase Labs
PRPH
| $92.1K | ﹤0.01% |
22,769
+2,416
| +12% | +$11.1K |
|
4055
LiqTech
LIQT
$21M
| $92K | ﹤0.01% |
61,742
-2,057
| -3% | -$3.39K |
|
|
VSEE
4056
DELISTED
VSEE HEALTH INC
VSEE
| $91.7K | ﹤0.01% |
76,446
+8,897
| +13% | +$13.2K |
|
4057
Air Industries Group
AIRI
$12.8M
| $91.2K | ﹤0.01% |
26,184
+817
| +3% | +$3.34K |
|
4058
American Shared Hospital Services
AMS
$9.87M
| $91K | ﹤0.01% |
32,728
+3,945
| +14% | +$11.7K |
|
|
ADN
4059
DELISTED
Advent Technologies
ADN
| $90.8K | ﹤0.01% |
21,622
+1,383
| +7% | +$7.15K |
|
4060
SIFCO Industries
SIF
$176M
| $90.8K | ﹤0.01% |
32,878
+721
| +2% | +$2.4K |
|
4061
Precipio
PRPO
$42.8M
| $90.8K | ﹤0.01% |
15,096
+638
| +4% | +$4.42K |
|
4062
Retractable Technologies
RVP
$20.1M
| $90.2K | ﹤0.01% |
128,250
+9,084
| +8% | +$7.05K |
|
4063
Greenwave Technology Solutions
GWAV
$3.47M
| $89.9K | ﹤0.01% |
3,469
+1,859
| +115% | +$74.6K |
|
|
PONY
4064
Pony AI Inc
PONY
$3.54B
| $89.6K | ﹤0.01% |
+10,158
| New | +$145K |
|
4065
ClearOne Inc
CLRO
$27.2M
| $89K | ﹤0.01% |
10,214
+582
| +6% | +$5.54K |
|
4066
Bullfrog AI
BFRG
$10.9M
| $88.8K | ﹤0.01% |
53,840
+6,747
| +14% | +$15.6K |
|
4067
Biomerica
BMRA
$4.98M
| $88.8K | ﹤0.01% |
19,573
+4,760
| +32% | +$23.5K |
|
|
LONA
4068
LeonaBio Inc
LONA
$72.1M
| $88.8K | ﹤0.01% |
31,150
-934
| -3% | -$4.14K |
|
4069
Aprea Therapeutics
APRE
$8.05M
| $88K | ﹤0.01% |
43,137
+474
| +1% | +$1.49K |
|
|
BZUN
4070
Baozun
BZUN
$172M
| $87.5K | ﹤0.01% |
32,067
| – | – |
|
|
MTLS
4071
Materialise
MTLS
$396M
| $86.2K | ﹤0.01% |
17,527
| – | – |
|
|
FOXX
4072
Foxx Development Holdings
FOXX
$18.3M
| $85.8K | ﹤0.01% |
17,878
-853
| -5% | -$3.96K |
|
|
IPM
4073
Intelligent Protection Management Corp
IPM
$24.1M
| $85.5K | ﹤0.01% |
49,094
-14,090
| -22% | -$27.7K |
|
4074
Mediaco Holding
MDIA
$78M
| $85.3K | ﹤0.01% |
74,662
+1,058
| +1% | +$1.2K |
|
4075
Cosmos Holdings
COSM
$14.5M
| $84.7K | ﹤0.01% |
194,117
+685
| +0.4% | +$423 |
|
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.