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 | |
|---|---|---|---|---|---|---|
1426
Columbia Sportswear
COLM
$2.98B
| $45.7M | ﹤0.01% |
603,608
+7,595
| +1% | +$634K |
|
1427
BOK Financial
BOKF
$8.71B
| $45.5M | ﹤0.01% |
436,916
+26,346
| +6% | +$2.83M |
|
|
REVG
1428
DELISTED
REV Group
REVG
| $45.3M | ﹤0.01% |
1,433,567
+49,459
| +4% | +$1.6M |
|
1429
Surgery Partners
SGRY
$2.09B
| $45.3M | ﹤0.01% |
1,906,548
+52,732
| +3% | +$1.25M |
|
1430
Acushnet Holdings
GOLF
$5.99B
| $45.1M | ﹤0.01% |
657,185
+20,831
| +3% | +$1.41M |
|
|
DNB
1431
DELISTED
Dun & Bradstreet
DNB
| $45.1M | ﹤0.01% |
5,043,654
+205,996
| +4% | +$2.11M |
|
1432
Standex International
SXI
$3.71B
| $45.1M | ﹤0.01% |
279,234
-37,906
| -12% | -$6.95M |
|
|
TGI
1433
DELISTED
Triumph Group
TGI
| $45M | ﹤0.01% |
1,776,111
+52,661
| +3% | +$1.22M |
|
1434
Stock Yards Bancorp
SYBT
$2.64B
| $44.9M | ﹤0.01% |
649,304
+18,215
| +3% | +$1.31M |
|
1435
Newell Brands
NWL
$2.71B
| $44.6M | ﹤0.01% |
7,198,505
+259,851
| +4% | +$2.09M |
|
1436
Vishay Intertechnology
VSH
$5.37B
| $44.6M | ﹤0.01% |
2,806,752
+20,866
| +0.7% | +$357K |
|
1437
Tarsus Pharmaceuticals
TARS
$2.72B
| $44.5M | ﹤0.01% |
865,434
+26,630
| +3% | +$1.32M |
|
1438
Hawaiian Electric Industries
HE
$2.19B
| $44.3M | ﹤0.01% |
4,045,067
+119,185
| +3% | +$1.2M |
|
1439
Neogen
NEOG
$2.66B
| $44.2M | ﹤0.01% |
5,101,550
-16,864
| -0.3% | -$177K |
|
1440
Werner Enterprises
WERN
$2.21B
| $44.2M | ﹤0.01% |
1,509,087
+50,525
| +3% | +$1.7M |
|
1441
OFG Bancorp
OFG
$2.26B
| $44.2M | ﹤0.01% |
1,104,596
+32,759
| +3% | +$1.37M |
|
1442
Liberty Media Series A
FWONA
$22.4B
| $44.2M | ﹤0.01% |
541,829
+62,549
| +13% | +$5.32M |
|
1443
NCR Atleos
NATL
$3.45B
| $44M | ﹤0.01% |
1,668,550
+48,798
| +3% | +$1.45M |
|
|
SLNO
1444
DELISTED
Soleno Therapeutics
SLNO
| $44M | ﹤0.01% |
615,736
+16,617
| +3% | +$809K |
|
1445
Newmark Group
NMRK
$2.71B
| $43.9M | ﹤0.01% |
3,609,491
+80,913
| +2% | +$1.08M |
|
1446
NovoCure
NVCR
$1.77B
| $43.9M | ﹤0.01% |
2,463,588
+63,406
| +3% | +$1.44M |
|
1447
Qiagen
QGEN
$8.67B
| $43.9M | ﹤0.01% |
1,092,868
+47,550
| +5% | +$2M |
|
1448
Comstock Resources
CRK
$3.97B
| $43.9M | ﹤0.01% |
2,155,392
+61,450
| +3% | +$1.18M |
|
1449
St. Joe Company
JOE
$3.62B
| $43.9M | ﹤0.01% |
933,778
+27,110
| +3% | +$1.27M |
|
1450
Crane NXT
CXT
$3.05B
| $43.8M | ﹤0.01% |
851,774
+23,507
| +3% | +$1.38M |
|
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.