[2] A possible reason was to avoid the potential conflict of Geode shorting stocks held by Fidelity's mutual funds.

[5] That year, in 2003, Fidelity Investments hired Geode Capital Management to subadvise on three Spartan equity index funds.

[7][8] In February 2021, the firm was profiled in the Wall Street Journal, with the paper calling it Fidelity's "Secret weapon".

[9] At the start of 2022, Geode surpassed $1 trillion in assets under management due to the popularity of index funds.

Through the Fidelity Automated Managed Platform (AMP), Geode provides digital advice and discretionary investment services.