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 | |
|---|---|---|---|---|---|---|
2251
Krispy Kreme
DNUT
$534M
| $10.7M | ﹤0.01% |
2,174,929
+64,641
| +3% | +$494K |
|
2252
National Presto Industries
NPK
$1B
| $10.7M | ﹤0.01% |
121,522
-3,047
| -2% | -$290K |
|
2253
Logitech
LOGI
$15.1B
| $10.7M | ﹤0.01% |
126,509
-3,510
| -3% | -$330K |
|
2254
Ibotta
IBTA
$822M
| $10.7M | ﹤0.01% |
252,821
+5,362
| +2% | +$314K |
|
2255
RUM Group Inc
RUM
$1.71B
| $10.7M | ﹤0.01% |
1,508,393
+467,349
| +45% | +$4.88M |
|
2256
International Money Express
IMXI
$370M
| $10.7M | ﹤0.01% |
845,164
-5,602
| -0.7% | -$95.9K |
|
2257
Five Star Bancorp
FSBC
$1.13B
| $10.7M | ﹤0.01% |
383,475
+8,245
| +2% | +$246K |
|
|
BFS
2258
Saul Centers
BFS
$825M
| $10.6M | ﹤0.01% |
293,800
-1,133
| -0.4% | -$41.5K |
|
2259
SelectQuote
SLQT
$122M
| $10.6M | ﹤0.01% |
3,169,937
+95,082
| +3% | +$403K |
|
2260
SmartFinancial
SMBK
$906M
| $10.6M | ﹤0.01% |
340,306
+6,888
| +2% | +$229K |
|
2261
Shutterstock
SSTK
$229M
| $10.6M | ﹤0.01% |
567,423
+1,809
| +0.3% | +$46.4K |
|
|
KALV
2262
DELISTED
KalVista Pharmaceuticals
KALV
| $10.6M | ﹤0.01% |
915,241
+92,889
| +11% | +$948K |
|
2263
Oil-Dri
ODC
$1.42B
| $10.6M | ﹤0.01% |
229,795
+5,429
| +2% | +$240K |
|
|
ONT
2264
Onterris Inc
ONT
$818M
| $10.5M | ﹤0.01% |
737,711
+19,557
| +3% | +$372K |
|
2265
Consolidated Water Co
CWCO
$475M
| $10.5M | ﹤0.01% |
428,974
-9,249
| -2% | -$246K |
|
2266
Hamilton Insurance Group
HG
$3.5B
| $10.5M | ﹤0.01% |
506,456
+28,399
| +6% | +$554K |
|
|
ODP
2267
DELISTED
ODP
ODP
| $10.5M | ﹤0.01% |
730,282
-31,673
| -4% | -$608K |
|
2268
Vaalco Energy
EGY
$551M
| $10.5M | ﹤0.01% |
2,781,683
+271,623
| +11% | +$1.13M |
|
2269
Lincoln Educational Services
LINC
$1.36B
| $10.4M | ﹤0.01% |
656,533
+27,753
| +4% | +$451K |
|
2270
Myers Industries
MYE
$1.33B
| $10.4M | ﹤0.01% |
872,467
+30,361
| +4% | +$359K |
|
|
EHAB
2271
DELISTED
Enhabit
EHAB
| $10.4M | ﹤0.01% |
1,179,879
+37,081
| +3% | +$311K |
|
2272
Corsair Gaming
CRSR
$1.2B
| $10.4M | ﹤0.01% |
1,170,381
+101,259
| +9% | +$999K |
|
|
SAGE
2273
DELISTED
Sage Therapeutics
SAGE
| $10.4M | ﹤0.01% |
1,303,377
+46,474
| +4% | +$340K |
|
2274
Forestar Group
FOR
$1.51B
| $10.3M | ﹤0.01% |
487,676
+13,793
| +3% | +$321K |
|
2275
Climb Global Solutions
CLMB
$506M
| $10.3M | ﹤0.01% |
372,000
+8,648
| +2% | +$267K |
|
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.