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 | |
|---|---|---|---|---|---|---|
1151
NewMarket
NEU
$7.82B
| $73.9M | 0.01% |
130,359
+5,972
| +5% | +$3.15M |
|
1152
Sensient Technologies
SXT
$5.26B
| $73.8M | 0.01% |
991,402
+31,513
| +3% | +$2.29M |
|
1153
OSI Systems
OSIS
$3.65B
| $73.6M | 0.01% |
378,709
+4,195
| +1% | +$799K |
|
1154
AutoNation
AN
$7.11B
| $73.6M | 0.01% |
454,248
+18,885
| +4% | +$3.37M |
|
1155
Crinetics Pharmaceuticals
CRNX
$8.84B
| $73.5M | 0.01% |
2,190,932
+92,091
| +4% | +$3.44M |
|
1156
Artisan Partners
APAM
$2.79B
| $72.9M | 0.01% |
1,864,010
+50,412
| +3% | +$2.14M |
|
1157
Cleveland-Cliffs
CLF
$6.57B
| $72.8M | 0.01% |
8,856,064
+389,317
| +5% | +$3.96M |
|
1158
Noble Corp
NE
$6.77B
| $72.7M | 0.01% |
3,066,531
+10,320
| +0.3% | +$295K |
|
|
HEES
1159
DELISTED
H&E Equipment Services
HEES
| $72.5M | 0.01% |
764,887
+16,076
| +2% | +$1.4M |
|
1160
Rogers Communications
RCI
$18.3B
| $72.5M | 0.01% |
2,594,768
+445,286
| +21% | +$12.6M |
|
1161
Assured Guaranty
AGO
$3.66B
| $72.4M | 0.01% |
821,722
+24,058
| +3% | +$2.16M |
|
1162
Genworth Financial
GNW
$3.76B
| $72.3M | 0.01% |
10,197,252
+267,799
| +3% | +$1.86M |
|
|
BWIN
1163
Baldwin Insurance Group
BWIN
$2.69B
| $72.2M | 0.01% |
1,615,889
+53,154
| +3% | +$2.16M |
|
1164
The Bancorp
TBBK
$2.79B
| $72.2M | 0.01% |
1,366,281
+36,471
| +3% | +$2.02M |
|
1165
Primoris Services
PRIM
$4.58B
| $72.2M | 0.01% |
1,257,270
+39,992
| +3% | +$2.89M |
|
1166
Atmus Filtration Technologies
ATMU
$4.22B
| $71.9M | 0.01% |
1,957,878
+64,466
| +3% | +$2.54M |
|
1167
H.B. Fuller
FUL
$2.97B
| $71.9M | 0.01% |
1,281,025
+26,619
| +2% | +$1.57M |
|
1168
Kilroy Realty
KRC
$4.52B
| $71.2M | 0.01% |
2,172,369
+105,772
| +5% | +$3.79M |
|
1169
Gates Industrial Corporation Ltd.
GTES
$7.08B
| $71M | 0.01% |
3,853,600
+196,142
| +5% | +$4.04M |
|
|
AKRO
1170
DELISTED
Akero Therapeutics
AKRO
| $70.8M | 0.01% |
1,749,194
+189,563
| +12% | +$8.03M |
|
1171
Perrigo
PRGO
$1.4B
| $70.7M | 0.01% |
2,522,134
+178,272
| +8% | +$4.62M |
|
1172
Chewy
CHWY
$9.25B
| $70.7M | 0.01% |
2,167,454
+245,717
| +13% | +$8.81M |
|
1173
NMI Holdings
NMIH
$3.33B
| $70.7M | 0.01% |
1,961,342
+57,459
| +3% | +$2.09M |
|
1174
ABM Industries
ABM
$2.81B
| $70.7M | 0.01% |
1,492,037
+50,706
| +4% | +$2.61M |
|
1175
Community Bank
CBU
$3.41B
| $70.6M | 0.01% |
1,241,548
+39,360
| +3% | +$2.44M |
|
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.