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 | |
|---|---|---|---|---|---|---|
|
MPT
1201
Medical Properties Trust
MPT
$2.77B
| $67.1M | 0.01% |
11,126,366
+383,920
| +4% | +$1.94M |
|
|
CPRX
1202
DELISTED
Catalyst Pharmaceutical
CPRX
| $67.1M | 0.01% |
2,765,556
+100,084
| +4% | +$2.25M |
|
|
ACLX
1203
DELISTED
Arcellx
ACLX
| $67M | 0.01% |
1,020,540
+41,514
| +4% | +$2.81M |
|
1204
Goodyear
GT
$2B
| $66.9M | 0.01% |
7,241,348
+236,893
| +3% | +$2.17M |
|
1205
Laureate Education
LAUR
$5.28B
| $66.8M | 0.01% |
3,268,172
+144,941
| +5% | +$2.8M |
|
1206
Innospec
IOSP
$2.12B
| $66.8M | 0.01% |
705,135
+13,064
| +2% | +$1.38M |
|
1207
McGrath RentCorp
MGRC
$2.81B
| $66.7M | 0.01% |
598,447
+19,386
| +3% | +$2.29M |
|
|
SPR
1208
DELISTED
Spirit AeroSystems
SPR
| $66.6M | 0.01% |
1,933,006
+85,102
| +5% | +$2.91M |
|
1209
Descartes Systems
DSGX
$6.44B
| $66.5M | 0.01% |
652,082
+62,072
| +11% | +$6.86M |
|
1210
Goosehead Insurance
GSHD
$2.2B
| $66.4M | 0.01% |
562,246
+12,704
| +2% | +$1.43M |
|
1211
Sensata Technologies
ST
$6.74B
| $66.4M | 0.01% |
2,733,991
+219,718
| +9% | +$6.09M |
|
1212
RXO
RXO
$3.34B
| $66.3M | 0.01% |
3,471,479
+108,758
| +3% | +$2.38M |
|
1213
SoundHound AI
SOUN
$2.67B
| $66.2M | 0.01% |
8,150,708
+641,212
| +9% | +$7.99M |
|
|
CIVI
1214
DELISTED
Civitas Resources
CIVI
| $66.2M | 0.01% |
1,896,646
+245,064
| +15% | +$10.9M |
|
1215
Alarm.com
ALRM
$2.71B
| $66M | 0.01% |
1,186,491
+44,338
| +4% | +$2.66M |
|
|
GMS
1216
DELISTED
GMS Inc
GMS
| $65.8M | 0.01% |
899,346
+11,602
| +1% | +$924K |
|
1217
LXP Industrial Trust
LXP
$3.57B
| $65.7M | 0.01% |
1,518,778
+42,041
| +3% | +$1.8M |
|
1218
Sylvamo
SLVM
$1.49B
| $65.7M | 0.01% |
978,845
+55,053
| +6% | +$4.01M |
|
1219
ADT
ADT
$5.58B
| $65.4M | 0.01% |
8,028,017
+1,151,574
| +17% | +$8.69M |
|
1220
Independent Bank
INDB
$3.99B
| $65.3M | 0.01% |
1,042,197
+29,350
| +3% | +$1.93M |
|
1221
Atlantic Union Bankshares
AUB
$6.02B
| $65.1M | 0.01% |
2,120,161
+64,649
| +3% | +$2.3M |
|
1222
Griffon
GFF
$3.95B
| $64.9M | 0.01% |
907,869
+40,798
| +5% | +$3.01M |
|
1223
PVH
PVH
$4B
| $64.9M | 0.01% |
1,003,063
+45,202
| +5% | +$3.65M |
|
1224
Leonardo DRS
DRS
$12.3B
| $64.8M | 0.01% |
1,971,542
+59,684
| +3% | +$1.97M |
|
1225
Bank of Hawaii
BOH
$3.15B
| $64.4M | 0.01% |
933,974
+28,665
| +3% | +$2.04M |
|
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.