Geode Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Geode Capital Management, LLC reported 4,470 stock positions worth $1.27 trillion. Its top holding was Apple (AAPL) at 6.1% of the portfolio, followed by Microsoft (MSFT, 5.2%) and Nvidia (NVDA, 4.8%). Compared with Q4 2024, it opened 132 new positions, sold out of 129, added to 3,775 and reduced 408. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +4%) and the biggest sale Merck (MRK, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001214717
- Portfolio Value
- $1.27T (Q1 2025)
- SEC Filing
- 0001214717-25-000006 ↗ filed May 13, 2025
Holdings Value
Holdings 4,470 stocks · $1.27T
| AAPL Apple Inc. | 6.09% | 349,807,156 | $77.5B | Add +2.8% |
| MSFT Microsoft Corp. | 5.17% | 175,469,697 | $65.7B | Add +4.4% |
| NVDA Nvidia Corp. | 4.85% | 570,691,561 | $61.7B | Add +2.7% |
| AMZN Amazon.com Inc. | 3.18% | 212,995,999 | $40.4B | Add +3.9% |
| META Meta Platforms Inc. Class A | 2.30% | 50,892,441 | $29.2B | Add +3.5% |
| GOOGL Alphabet Inc. Class A | 1.67% | 137,390,787 | $21.2B | Add +4.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.64% | 39,367,395 | $20.9B | Add +3.7% |
| AVGO Broadcom Inc. | 1.40% | 106,384,133 | $17.8B | Add +4.1% |
| GOOG Alphabet Inc. Class C | 1.31% | 107,318,856 | $16.7B | Add +2.4% |
| TSLA Tesla Inc. | 1.29% | 63,498,689 | $16.4B | Add +4.1% |
| LLY Eli Lilly & Co. | 1.20% | 18,526,249 | $15.3B | Add +6.6% |
| JPM JPMorgan Chase & Co. | 1.17% | 60,829,111 | $14.9B | Add +2.7% |
| V Visa Inc. Class A | 1.16% | 42,029,171 | $14.7B | Add +4.2% |
| XOM Exxon Mobil Corp. | 0.90% | 95,964,964 | $11.4B | Add +2.9% |
| UNH Unitedhealth Group Inc. | 0.85% | 20,637,107 | $10.8B | Add +3.4% |
| MA Mastercard Inc. Class A | 0.83% | 19,217,711 | $10.5B | Add +3.0% |
| PG The Procter & Gamble Co. | 0.78% | 58,355,220 | $9.9B | Add +3.3% |
| JNJ Johnson & Johnson | 0.77% | 59,383,800 | $9.8B | Add +3.0% |
| COST Costco Wholesale Corp. | 0.75% | 10,124,212 | $9.5B | Add +4.0% |
| NFLX Netflix Inc. | 0.71% | 9,697,551 | $9.0B | Add +4.0% |
| HD Home Depot Inc. | 0.65% | 22,651,135 | $8.3B | Add +3.2% |
| WMT Walmart Inc. | 0.65% | 94,293,814 | $8.3B | Add +4.0% |
| ABBV Abbvie Inc. | 0.63% | 38,253,590 | $8.0B | Add +3.0% |
| KO The Coca-Cola Co. | 0.54% | 95,937,591 | $6.9B | Add +5.3% |
| CVX Chevron Corp. | 0.49% | 37,350,404 | $6.2B | Add +3.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.48% | 147,773,103 | $6.2B | Add +3.9% |
| CSCO Cisco Systems Inc. | 0.47% | 98,094,691 | $6.0B | Add +2.6% |
| PM Philip Morris International | 0.46% | 36,508,124 | $5.8B | Add +3.5% |
| CRM Salesforce Inc. | 0.44% | 20,759,396 | $5.6B | Add +4.0% |
| MRK Merck & Co. Inc. | 0.42% | 59,657,270 | $5.3B | Reduce -2.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.42% | 21,536,104 | $5.3B | Add +3.0% |
| WFC Wells Fargo & Co. | 0.41% | 73,531,594 | $5.3B | Add +3.1% |
| LIN Linde PLC | 0.41% | 11,278,431 | $5.2B | Add +2.5% |
| ORCL Oracle Corp. | 0.41% | 37,582,718 | $5.2B | Add +4.9% |
| MCD McDonald's Corp. | 0.41% | 16,552,355 | $5.2B | Add +3.0% |
| ABT Abbott Laboratories | 0.38% | 36,902,513 | $4.9B | Add +3.5% |
| PEP Pepsico Inc. | 0.38% | 32,588,797 | $4.9B | Add +4.9% |
| T AT&T Inc. | 0.38% | 169,973,846 | $4.8B | Add +3.8% |
| PLTR Palantir Technologies Inc. Class A | 0.37% | 55,428,473 | $4.7B | Add +6.4% |
| GE General Electric filed as GE AEROSPACE | 0.37% | 23,389,408 | $4.7B | Add +1.2% |
| VZ Verizon Communications Inc. | 0.35% | 99,225,288 | $4.5B | Add +2.5% |
| QCOM Qualcomm Inc. | 0.35% | 28,680,274 | $4.4B | Add +3.2% |
| ACN Accenture PLC Class A | 0.34% | 13,894,912 | $4.3B | Add +2.7% |
| PGR Progressive Corp. | 0.34% | 15,211,817 | $4.3B | Add +4.1% |
| ADBE Adobe Inc. | 0.33% | 11,063,048 | $4.2B | Add +3.6% |
| TMO Thermo Fisher Scientific Inc. | 0.32% | 8,127,186 | $4.0B | Add +3.4% |
| ISRG Intuitive Surgical Inc. | 0.31% | 8,078,781 | $4.0B | Add +4.2% |
| AMGN Amgen Inc. | 0.31% | 12,727,346 | $4.0B | Add +2.0% |
| TXN Texas Instruments Inc. | 0.31% | 21,945,015 | $3.9B | Add +1.8% |
| BKNG Booking Holdings Inc. | 0.31% | 845,505 | $3.9B | Add +5.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.31% | 39,534,154 | $3.9B | Add +2.7% |
| INTU Intuit Inc. | 0.30% | 6,307,915 | $3.9B | Add +3.2% |
| RTX RTX Corp. | 0.30% | 28,742,069 | $3.8B | Add +1.7% |
| AMD Advanced Micro Devices | 0.29% | 36,176,240 | $3.7B | Add +3.1% |
| GS Goldman Sachs Group Inc. | 0.29% | 6,735,453 | $3.7B | Add +2.3% |
| NOW ServiceNow Inc. | 0.28% | 4,486,506 | $3.6B | Add +4.0% |
| UNP Union Pacific Corp. | 0.28% | 15,044,639 | $3.6B | Add +4.3% |
| CAT Caterpillar Inc. | 0.27% | 10,516,618 | $3.5B | Add +0.6% |
| SPGI S&P Global Inc. | 0.27% | 6,750,558 | $3.4B | Add +2.4% |
| ADP Automatic Data Processing | 0.27% | 11,043,137 | $3.4B | Add +4.3% |
| HON Honeywell International Inc. | 0.26% | 15,510,182 | $3.3B | Add +3.5% |
| AXP American Express Co. | 0.26% | 12,137,570 | $3.3B | Add +3.3% |
| UBER Uber Technologies Inc. | 0.26% | 44,690,848 | $3.2B | Add +2.6% |
| CMCSA Comcast Corp. Class A | 0.25% | 87,266,318 | $3.2B | Add +1.7% |
| TMUS T-Mobile US Inc. | 0.25% | 12,053,828 | $3.2B | Add +1.6% |
| NEE Nextera Energy Inc. | 0.25% | 45,197,233 | $3.2B | Add +3.2% |
| BSX Boston Scientific Corp. | 0.25% | 31,802,380 | $3.2B | Add +3.8% |
| GILD Gilead Sciences Inc. | 0.25% | 28,480,147 | $3.2B | Add +0.7% |
| PFE Pfizer Inc. | 0.25% | 125,650,847 | $3.2B | Add +4.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.25% | 25,769,789 | $3.1B | Add +6.0% |
| MS Morgan Stanley | 0.24% | 26,662,389 | $3.1B | Add +3.2% |
| MRSH Marsh & McLennan Cos | 0.24% | 12,487,735 | $3.0B | Add +3.6% |
| C Citigroup Inc. | 0.24% | 42,545,296 | $3.0B | Add +4.8% |
| AMAT Applied Materials Inc. | 0.23% | 20,619,081 | $3.0B | Add +2.7% |
| BLK BlackRock Inc. | 0.23% | 3,109,380 | $2.9B | Add +3.4% |
| COP Conocophillips | 0.23% | 28,017,626 | $2.9B | Reduce -0.4% |
| AMT American Tower Corp. | 0.23% | 13,228,306 | $2.9B | Add +16.6% |
| LOW Lowe's Cos Inc. | 0.23% | 12,309,593 | $2.9B | Add +2.8% |
| SCHW Schwab (charles) Corp. | 0.22% | 36,342,807 | $2.8B | Add +17.6% |
| FISV Fiserv Inc. | 0.22% | 12,735,917 | $2.8B | Add +7.1% |
| DHR Danaher Corp. | 0.22% | 13,644,524 | $2.8B | Add +2.1% |
| VRTX Vertex Pharmaceuticals Inc. | 0.22% | 5,761,760 | $2.8B | Add +2.0% |
| BMY Bristol-Myers Squibb Co. | 0.22% | 45,453,231 | $2.8B | Add +2.4% |
| SYK Stryker Corp. | 0.21% | 7,313,957 | $2.7B | Add +3.4% |
| BA The Boeing Co. | 0.21% | 15,884,812 | $2.7B | Add +4.7% |
| CB Chubb Ltd. | 0.21% | 8,780,059 | $2.6B | Add +1.9% |
| MO Altria Group Inc. | 0.21% | 43,960,254 | $2.6B | Add +4.8% |
| PANW Palo Alto Networks Inc. | 0.20% | 15,004,974 | $2.6B | Add +4.3% |
| DE Deere & Co. | 0.20% | 5,430,151 | $2.5B | Add +2.4% |
| SBUX Starbucks Corp. | 0.20% | 25,746,651 | $2.5B | Add +3.7% |
| MDT Medtronic PLC | 0.20% | 27,916,322 | $2.5B | Add +3.2% |
| PLD Prologis Inc. | 0.19% | 22,106,500 | $2.5B | Add +3.4% |
| LRCX Lam Research Corp. | 0.19% | 32,667,331 | $2.4B | Add +3.9% |
| SO The Southern Co. | 0.19% | 25,765,347 | $2.4B | Add +2.9% |
| CME Cme Group Inc. | 0.18% | 8,858,782 | $2.3B | Add +5.6% |
| ETN Eaton Corp. PLC | 0.18% | 8,495,435 | $2.3B | Add +3.6% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.18% | 6,625,323 | $2.3B | Add +5.5% |
| KLAC KLA Corp. | 0.18% | 3,363,240 | $2.3B | Add +3.4% |
| BX Blackstone Inc. | 0.18% | 16,315,447 | $2.3B | Add +6.3% |
| ELV Elevance Health Inc. | 0.18% | 5,166,715 | $2.2B | Add +4.1% |
Other holdings (5): bonds, preferreds, convertibles and warrants · $217.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| INDA iShares MSCI India ETF | MSCI INDIA ETF · principal | 3,135,947 | $161.4M | Reduce -11.5% |
| EWT iShares MSCI Taiwan ETF | MSCI TAIWAN ETF · principal | 988,467 | $46.9M | No change |
| SPYM Ste STR SPDR PT S&P 500 ETF | ST STR P500ETF · principal | 142,047 | $9.3M | Reduce -0.6% |
| MSPRW MSP Recovery Inc. -27 | *W EXP 05/20/202 | 1,585,094 | $4K | No change |
| SQFTW Presidio Property TRST -CW27 | *W EXP 01/24/202 | 11,438 | $392 | No change |
Total filed on the 13F, all lines: $1.27T.
Portfolio Sells Q4 2024 → Q1 2025
| MRK Merck & Co. Inc. | Reduce -2.5% | 0.42% | −0.05 |
| APP AppLovin Corp. Class A | Reduce -1.6% | 0.09% | −0.02 |
| DDOG Datadog Inc. Class A | Reduce -1.7% | 0.04% | −0.02 |
| GM General Motors Co. | Reduce -5.2% | 0.08% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -0.4% | 0.17% | −0.01 |
| ALTR Altair Engineering Inc. Class A | Sold out | 0.00% | −0.01 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −0.01 |
| ALTM Arcadium Lithium PLC | Sold out | 0.00% | −0.01 |
| AZPN Aspen Technology Inc. | Sold out | 0.00% | −0.01 |
| SMAR Smartsheet Inc. Class A | Sold out | 0.00% | −0.01 |
| HCP Hashicorp Inc. Class A | Sold out | 0.00% | −0.01 |
| CE Celanese Corp. | Reduce -30.8% | 0.01% | −0.01 |
| EW Edwards Lifesciences Corp. | Reduce -7.1% | 0.07% | −0.01 |
| CARR Carrier Global Corp. | Reduce -0.1% | 0.09% | −0.01 |
| CONSOL ENERGY INC | Sold out | 0.00% | −0.01 |
| EDR Endeavor Group Hold Class A | Sold out | 0.00% | −0.01 |
| HTLF Heartland Financial USA Inc. | Sold out | 0.00% | −0.00 |
| NARI Inari Medical Inc. | Sold out | 0.00% | −0.00 |
| RNR Renaissancere Holdings Ltd. | Reduce -19.8% | 0.02% | −0.00 |
| BWA Borgwarner Inc. | Reduce -29.6% | 0.01% | −0.00 |
| TEVA Teva Pharmaceutical-SP ADR | Reduce -0.9% | 0.01% | −0.00 |
| TFX Teleflex Inc. | Reduce -10.5% | 0.01% | −0.00 |
| ARCH Arch Resources Inc. | Sold out | 0.00% | −0.00 |
| BBY Best Buy Co. Inc. | Reduce -0.0% | 0.03% | −0.00 |
| ROIC Retail Opportunity Investmen | Sold out | 0.00% | −0.00 |
| HOLX Hologic Inc. | Reduce -0.0% | 0.03% | −0.00 |
| IBTX Independent Bank Group Inc. | Sold out | 0.00% | −0.00 |
| BARNES GROUP INC | Sold out | 0.00% | −0.00 |
| FMC FMC Corp. | Reduce -26.1% | 0.01% | −0.00 |
| LAMR Lamar Advertising Co. Class A | Reduce -13.2% | 0.02% | −0.00 |
| SNDK Sandisk Corp. | Reduce -33.5% | 0.01% | −0.00 |
| AIT Applied Industrial Tech Inc. | Reduce -12.2% | 0.02% | −0.00 |
| CACI Caci International Inc. Class A | Reduce -14.1% | 0.01% | −0.00 |
| JXN Jackson Financial Inc. Class A | Reduce -14.8% | 0.01% | −0.00 |
| INFN Infinera Corp. | Sold out | 0.00% | −0.00 |
| ZUO Zuora Inc. Class A | Sold out | 0.00% | −0.00 |
| MTTR Matterport Inc. | Sold out | 0.00% | −0.00 |
| ACVA Acv Auctions Inc. Class A | Reduce -1.3% | 0.00% | −0.00 |
| DKS Dick's Sporting Goods Inc. | Reduce -0.7% | 0.02% | −0.00 |
| BCC Boise Cascade Co. | Reduce -6.0% | 0.01% | −0.00 |
| GEAR Revelyst Inc. | Sold out | 0.00% | −0.00 |
| RYAAY Ryanair Holdings PLC-SP ADR | Reduce -75.0% | 0.00% | −0.00 |
| LYB Lyondellbasell Indu Class A | Reduce -0.1% | 0.04% | −0.00 |
| DTM DT Midstream Inc. | Reduce -8.2% | 0.02% | −0.00 |
| WIX Wix.com Ltd. | Reduce -0.4% | 0.01% | −0.00 |
| ATKR Atkore Inc. | Reduce -4.2% | 0.00% | −0.00 |
| M Macy's Inc. | Reduce -1.3% | 0.00% | −0.00 |
| PFC Premier Financial Corp. | Sold out | 0.00% | −0.00 |
| AGCO Agco Corp. | Reduce -12.6% | 0.01% | −0.00 |
| MRP Millrose Properties | Reduce -26.1% | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.7% | 1.64% | +0.31 |
| V Visa Inc. Class A | Add +4.2% | 1.16% | +0.17 |
| LLY Eli Lilly & Co. | Add +6.6% | 1.20% | +0.16 |
| JNJ Johnson & Johnson | Add +3.0% | 0.77% | +0.13 |
| PM Philip Morris International | Add +3.5% | 0.46% | +0.13 |
| XOM Exxon Mobil Corp. | Add +2.9% | 0.90% | +0.12 |
| ABBV Abbvie Inc. | Add +3.0% | 0.63% | +0.12 |
| KO The Coca-Cola Co. | Add +5.3% | 0.54% | +0.10 |
| T AT&T Inc. | Add +3.8% | 0.38% | +0.09 |
| CVX Chevron Corp. | Add +3.0% | 0.49% | +0.08 |
| META Meta Platforms Inc. Class A | Add +3.5% | 2.30% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +2.7% | 1.17% | +0.07 |
| ABT Abbott Laboratories | Add +3.5% | 0.38% | +0.07 |
| GE General Electric | Add +1.2% | 0.37% | +0.07 |
| UNH Unitedhealth Group Inc. | Add +3.4% | 0.85% | +0.07 |
| PGR Progressive Corp. | Add +4.1% | 0.34% | +0.07 |
| NFLX Netflix Inc. | Add +4.0% | 0.71% | +0.07 |
| MA Mastercard Inc. Class A | Add +3.0% | 0.83% | +0.07 |
| AMT American Tower Corp. | Add +16.6% | 0.23% | +0.06 |
| IBM Intl Business Machines Corp. | Add +3.0% | 0.42% | +0.06 |
| PLTR Palantir Technologies Inc. Class A | Add +6.4% | 0.37% | +0.06 |
| COST Costco Wholesale Corp. | Add +4.0% | 0.75% | +0.06 |
| AMGN Amgen Inc. | Add +2.0% | 0.31% | +0.06 |
| LIN Linde PLC | Add +2.5% | 0.41% | +0.06 |
| CVS CVS Health Corp. | Add +3.4% | 0.15% | +0.05 |
| VZ Verizon Communications Inc. | Add +2.5% | 0.35% | +0.05 |
| UBER Uber Technologies Inc. | Add +2.6% | 0.26% | +0.05 |
| DASH DoorDash Inc. Class A | Add +69.5% | 0.11% | +0.05 |
| TMUS T-Mobile US Inc. | Add +1.6% | 0.25% | +0.05 |
| GILD Gilead Sciences Inc. | Add +0.7% | 0.25% | +0.05 |
| PG The Procter & Gamble Co. | Add +3.3% | 0.78% | +0.05 |
| SCHW Schwab (charles) Corp. | Add +17.6% | 0.22% | +0.05 |
| RTX RTX Corp. | Add +1.7% | 0.30% | +0.05 |
| MCD McDonald's Corp. | Add +3.0% | 0.41% | +0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Add +2.0% | 0.22% | +0.04 |
| AJG Arthur J Gallagher & Co. | Add +5.5% | 0.18% | +0.04 |
| MRSH Marsh & McLennan Cos | Add +3.6% | 0.24% | +0.04 |
| BSX Boston Scientific Corp. | Add +3.8% | 0.25% | +0.04 |
| WELL Welltower Inc. | Add +5.4% | 0.17% | +0.04 |
| MO Altria Group Inc. | Add +4.8% | 0.21% | +0.04 |
| CSCO Cisco Systems Inc. | Add +2.6% | 0.47% | +0.04 |
| ORLY O'reilly Automotive Inc. | Add +3.5% | 0.17% | +0.04 |
| ELV Elevance Health Inc. | Add +4.1% | 0.18% | +0.04 |
| CME Cme Group Inc. | Add +5.6% | 0.18% | +0.03 |
| AON Aon PLC Class A | Add +9.4% | 0.17% | +0.03 |
| FISV Fiserv Inc. | Add +7.1% | 0.22% | +0.03 |
| MDT Medtronic PLC | Add +3.2% | 0.20% | +0.03 |
| ICE Intercontinental Exchange Inc. | Add +3.4% | 0.17% | +0.03 |
| CI The Cigna Group | Add +1.3% | 0.16% | +0.03 |
| DUK Duke Energy Corp. | Add +2.8% | 0.18% | +0.03 |
Notes & Other Activity Q4 2024 → Q1 2025
| INDA iShares MSCI India ETF | MSCI INDIA ETF · principal | Reduce -11.5% | 3,135,947 | $161.4M |
| SPYM Ste STR SPDR PT S&P 500 ETF | ST STR P500ETF · principal | Reduce -0.6% | 142,047 | $9.3M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 4,438 | $1.88T | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 4,503 | $1.61T | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 4,460 | $1.62T | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 4,465 | $1.57T | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 4,437 | $1.43T | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 4,470 | $1.27T | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 4,465 | $1.29T | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 4,528 | $1.23T | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 4,580 | $1.14T | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q1 2024 | 4,605 | $1.08T | MSFT, AAPL, NVDA, AMZN, META |