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 | |
|---|---|---|---|---|---|---|
|
IOBT
4251
DELISTED
IO Biotech
IOBT
| $36.3K | ﹤0.01% |
33,307
| – | – |
|
|
NBTX
4252
Nanobiotix
NBTX
$1.98B
| $36.1K | ﹤0.01% |
10,184
| – | – |
|
|
THTX
4253
DELISTED
Theratechnologies
THTX
| $36K | ﹤0.01% |
25,681
| – | – |
|
4254
Entera Bio
ENTX
$145M
| $35.9K | ﹤0.01% |
21,136
| – | – |
|
|
SSY
4255
DELISTED
SunLink Health Systems
SSY
| $35.9K | ﹤0.01% |
35,862
+6,594
| +23% | +$6.29K |
|
4256
Pyxis Tankers
PXS
$49.3M
| $35.8K | ﹤0.01% |
10,640
| – | – |
|
|
ABP
4257
DELISTED
Abpro Holdings
ABP
| $35.7K | ﹤0.01% |
2,878
+1,887
| +190% | +$50.2K |
|
|
EONR
4258
EON Resources
EONR
$24.5M
| $35.5K | ﹤0.01% |
73,844
+29,103
| +65% | +$20.7K |
|
|
YHC
4259
LQR House Inc
YHC
$2.57M
| $34.6K | ﹤0.01% |
49
+29
| +145% | +$134K |
|
|
GRML
4260
Greenland Mines Ltd
GRML
$29.4M
| $34.5K | ﹤0.01% |
151,667
+11,061
| +8% | +$4.05K |
|
|
ELVA
4261
Electrovaya
ELVA
$430M
| $34.4K | ﹤0.01% |
14,709
| – | – |
|
4262
Direct Digital Holdings
DRCT
$1.97M
| $34.2K | ﹤0.01% |
243
+86
| +55% | +$20.9K |
|
4263
BeyondSpring
BYSI
$48.9M
| $34.1K | ﹤0.01% |
24,368
| – | – |
|
4264
SEALSQ Corp
LAES
$559M
| $33.6K | ﹤0.01% |
12,915
| – | – |
|
|
VIOT
4265
Viomi Technology
VIOT
$51.8M
| $33.5K | ﹤0.01% |
21,467
| – | – |
|
|
SONN
4266
DELISTED
Sonnet BioTherapeutics
SONN
| $33.2K | ﹤0.01% |
+24,805
| New | +$38.1K |
|
|
IMMP
4267
Immutep
IMMP
$56.8M
| $33K | ﹤0.01% |
18,722
| – | – |
|
4268
XTI Aerospace
XTIA
$56.9M
| $32.9K | ﹤0.01% |
30,184
+26,979
| +842% | +$132K |
|
4269
Imperial Petroleum
IMPP
$212M
| $32.9K | ﹤0.01% |
13,415
-106
| -0.8% | -$294 |
|
4270
Nuwellis
NUWE
$153K
| $32.2K | ﹤0.01% |
23
+2
| +10% | +$3.5K |
|
4271
Maison Solutions
MSS
$1.26M
| $32.2K | ﹤0.01% |
626
+86
| +16% | +$5.14K |
|
4272
Biofrontera
BFRI
$15.9M
| $32.1K | ﹤0.01% |
40,144
+20,840
| +108% | +$21.4K |
|
|
ALLR
4273
Allarity Therapeutics
ALLR
$19.7M
| $31.8K | ﹤0.01% |
+33,921
| New | +$35.1K |
|
4274
BT Brands
BTBD
$7.3M
| $31.6K | ﹤0.01% |
24,886
+5,761
| +30% | +$9.32K |
|
|
INCR
4275
Intercure
INCR
$57.8M
| $31.6K | ﹤0.01% |
22,539
| – | – |
|
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.