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 | |
|---|---|---|---|---|---|---|
4201
Battalion Oil
BATL
$31M
| $49.5K | ﹤0.01% |
38,036
+391
| +1% | +$627 |
|
4202
XWELL
XWEL
$9.2M
| $49.4K | ﹤0.01% |
48,423
-5,141
| -10% | -$5.98K |
|
|
SY
4203
So-Young International
SY
$193M
| $49.2K | ﹤0.01% |
55,629
| – | – |
|
4204
InflaRx
IFRX
$258M
| $49.1K | ﹤0.01% |
48,136
| – | – |
|
4205
InspireMD
NSPR
$31.9M
| $49.1K | ﹤0.01% |
18,244
| – | – |
|
|
RTB
4206
RTB Digital
RTB
$211M
| $48.9K | ﹤0.01% |
1,411
+138
| +11% | +$5.53K |
|
|
CJMB
4207
Callan JMB Inc
CJMB
$8.36M
| $48.3K | ﹤0.01% |
+10,747
| New | +$51.3K |
|
|
SSKN
4208
DELISTED
Strata Skin Sciences
SSKN
| $48.2K | ﹤0.01% |
18,269
+1,407
| +8% | +$3.92K |
|
|
BROG
4209
DELISTED
Brooge Energy
BROG
| $48.2K | ﹤0.01% |
37,918
| – | – |
|
4210
IceCure Medical
ICCM
$9.53M
| $48.1K | ﹤0.01% |
1,348
| – | – |
|
4211
CBAK Energy Technology Ltd
CBAT
$44M
| $47.9K | ﹤0.01% |
60,126
| – | – |
|
4212
Innoviz Technologies
INVZ
$90.8M
| $47.7K | ﹤0.01% |
73,200
-2,953
| -4% | -$3.41K |
|
|
SCNX
4213
Scienture Holdings
SCNX
$15.7M
| $46.3K | ﹤0.01% |
32,165
+11,600
| +56% | +$36.3K |
|
|
BRAG
4214
Bragg Gaming Group
BRAG
$51.2M
| $46.3K | ﹤0.01% |
11,254
| – | – |
|
4215
Jet.AI
JTAI
$2.74M
| $46.1K | ﹤0.01% |
+55
| New | +$48.5K |
|
4216
TROOPS Inc
TROO
$214M
| $45.6K | ﹤0.01% |
60,497
| – | – |
|
4217
Polar Power
POLA
$6.41M
| $45.4K | ﹤0.01% |
18,750
+5,265
| +39% | +$15.2K |
|
|
TRVG
4218
trivago
TRVG
$377M
| $45K | ﹤0.01% |
10,967
| – | – |
|
4219
BioXcel Therapeutics
BTAI
$26.2M
| $44.8K | ﹤0.01% |
22,062
+2,564
| +13% | +$9.57K |
|
|
FOCL
4220
EDAP TMS S.A.
FOCL
$224M
| $44.6K | ﹤0.01% |
22,764
| – | – |
|
4221
Alliance Entertainment
AENT
$278M
| $44.6K | ﹤0.01% |
+13,311
| New | +$68K |
|
4222
Aethlon Medical
AEMD
$1.76M
| $44.5K | ﹤0.01% |
1,553
+174
| +13% | +$8.1K |
|
4223
Village Farms International
VFF
$236M
| $43.8K | ﹤0.01% |
72,335
| – | – |
|
|
ADIL
4224
Adial Pharmaceuticals
ADIL
$7.97M
| $43.7K | ﹤0.01% |
2,754
+280
| +11% | +$5.78K |
|
4225
Bionano Genomics
BNGO
$12.7M
| $43.3K | ﹤0.01% |
15,506
-1,122
| -7% | -$7.34K |
|
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 121 new positions and adding to 3,781 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 121 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.