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 | |
|---|---|---|---|---|---|---|
2426
Boston Omaha
BOC
$438M
| $7.97M | ﹤0.01% |
546,841
+14,323
| +3% | +$206K |
|
2427
Theravance Biopharma
TBPH
$876M
| $7.95M | ﹤0.01% |
890,567
+27,765
| +3% | +$258K |
|
2428
Southern California Bancorp
BCAL
$687M
| $7.93M | ﹤0.01% |
552,889
+12,895
| +2% | +$200K |
|
2429
Regenxbio
RGNX
$672M
| $7.92M | ﹤0.01% |
1,106,946
+12,721
| +1% | +$94.6K |
|
|
SFIX
2430
Stitch Fix
SFIX
$550M
| $7.92M | ﹤0.01% |
2,435,173
-23,841
| -1% | -$109K |
|
|
KRMN
2431
Karman Holdings
KRMN
$7.3B
| $7.91M | ﹤0.01% |
+236,456
| New | +$7.63M |
|
2432
Unisys
UIS
$214M
| $7.89M | ﹤0.01% |
1,717,922
+161,597
| +10% | +$901K |
|
|
VG
2433
Venture Global Inc
VG
$30.9B
| $7.84M | ﹤0.01% |
+760,594
| New | +$11.1M |
|
2434
Allient
ALNT
$1.58B
| $7.84M | ﹤0.01% |
356,415
+10,689
| +3% | +$265K |
|
2435
Savara
SVRA
$1.13B
| $7.82M | ﹤0.01% |
2,822,237
+38,200
| +1% | +$105K |
|
|
BAND
2436
Bandwidth Inc
BAND
$1.47B
| $7.81M | ﹤0.01% |
596,001
+25,091
| +4% | +$410K |
|
2437
Community Health Systems
CYH
$416M
| $7.78M | ﹤0.01% |
2,882,562
+73,332
| +3% | +$228K |
|
2438
Standard BioTools
LAB
$307M
| $7.78M | ﹤0.01% |
7,205,457
+230,236
| +3% | +$323K |
|
2439
Kura Sushi USA
KRUS
$598M
| $7.77M | ﹤0.01% |
151,649
+9,128
| +6% | +$644K |
|
|
DEC
2440
Diversified Energy Company
DEC
$904M
| $7.76M | ﹤0.01% |
574,115
+6,009
| +1% | +$89K |
|
2441
Tactile Systems Technology
TCMD
$676M
| $7.76M | ﹤0.01% |
586,776
+27,614
| +5% | +$434K |
|
|
GNTY
2442
DELISTED
Guaranty Bancshares
GNTY
| $7.74M | ﹤0.01% |
193,245
+6,265
| +3% | +$247K |
|
2443
Granite Ridge Resources
GRNT
$611M
| $7.74M | ﹤0.01% |
1,272,022
+47,657
| +4% | +$295K |
|
2444
Wolfspeed
WOLF
$1.31B
| $7.72M | ﹤0.01% |
2,521,557
+531,427
| +27% | +$3.11M |
|
|
SEMR
2445
DELISTED
Semrush
SEMR
| $7.69M | ﹤0.01% |
824,124
+31,297
| +4% | +$427K |
|
|
VERV
2446
DELISTED
Verve Therapeutics
VERV
| $7.69M | ﹤0.01% |
1,682,391
+56,611
| +3% | +$379K |
|
2447
Aveanna Healthcare
AVAH
$2.03B
| $7.68M | ﹤0.01% |
1,416,336
+16,177
| +1% | +$76.3K |
|
2448
Matrix Service
MTRX
$325M
| $7.67M | ﹤0.01% |
616,917
+17,615
| +3% | +$236K |
|
2449
NerdWallet
NRDS
$597M
| $7.64M | ﹤0.01% |
843,517
+17,633
| +2% | +$211K |
|
2450
Green Plains
GPRE
$1.15B
| $7.61M | ﹤0.01% |
1,568,982
+51,237
| +3% | +$367K |
|
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 122 new positions and adding to 3,780 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 122 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.