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 |
SPCX
SpaceX
SPCX
|
+$2.3B |
| 2 |
HONA
Honeywell Aerospace
HONA
|
+$1.81B |
| 3 |
Marvell Technology
MRVL
|
+$1.71B |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$1.11B |
| 5 |
Coca-Cola
KO
|
+$1.03B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$1.79B |
| 2 |
SNDK
Sandisk
SNDK
|
+$887M |
| 3 |
CTRA
Coterra Energy
CTRA
|
+$762M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$651M |
| 5 |
Vertiv
VRT
|
+$587M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.81% |
| 2 | Financials | 12.23% |
| 3 | Industrials | 9.61% |
| 4 | Healthcare | 9.36% |
| 5 | Consumer Discretionary | 9.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
826
Commercial Metals
CMC
$7.77B
| $193M | 0.01% |
3,071,565
-289,859
| -9% | -$20.4M |
|
827
Pinterest
PINS
$11.6B
| $192M | 0.01% |
9,140,058
-2,264,237
| -20% | -$45.5M |
|
828
Powell Industries
POWL
$6.6B
| $192M | 0.01% |
668,799
-59,772
| -8% | -$16.2M |
|
829
OGE Energy
OGE
$9.69B
| $191M | 0.01% |
3,933,472
+27,303
| +0.7% | +$1.31M |
|
830
Encompass Health
EHC
$12B
| $191M | 0.01% |
1,890,743
-7,924
| -0.4% | -$821K |
|
831
Lumen
LUMN
$6.98B
| $191M | 0.01% |
24,824,381
+1,956,800
| +9% | +$17.2M |
|
832
CubeSmart
CUBE
$8.89B
| $190M | 0.01% |
4,767,570
+13,215
| +0.3% | +$526K |
|
|
BCPC
833
Balchem Corp
BCPC
$5.47B
| $190M | 0.01% |
1,122,146
+74,947
| +7% | +$12.4M |
|
834
DaVita
DVA
$11.7B
| $190M | 0.01% |
853,602
-86,179
| -9% | -$15.7M |
|
835
Darling Ingredients
DAR
$10.3B
| $189M | 0.01% |
3,462,814
+529,606
| +18% | +$31.6M |
|
836
ACM Research
ACMR
$5.18B
| $189M | 0.01% |
1,487,797
+116,570
| +9% | +$8.24M |
|
837
The Mosaic Company
MOS
$8.22B
| $189M | 0.01% |
8,919,117
+167,591
| +2% | +$3.87M |
|
838
United Bankshares
UBSI
$6.51B
| $188M | 0.01% |
4,108,797
+166,614
| +4% | +$7.29M |
|
839
Marathon Digital Holdings
MARA
$4.37B
| $188M | 0.01% |
10,872,917
+557,748
| +5% | +$6.98M |
|
|
UCTT
840
Ultra Clean Holdings
UCTT
$3.28B
| $188M | 0.01% |
1,317,631
+176,851
| +16% | +$15.6M |
|
841
Brinker International
EAT
$9.62B
| $187M | 0.01% |
1,115,217
+49,844
| +5% | +$7.37M |
|
842
Kodiak Gas Services
KGS
$6.33B
| $187M | 0.01% |
2,491,617
+498,892
| +25% | +$33.9M |
|
843
Match Group
MTCH
$9.61B
| $187M | 0.01% |
4,902,871
-25,646
| -0.5% | -$909K |
|
844
Arcosa
ACA
$7.14B
| $187M | 0.01% |
1,285,641
+75,734
| +6% | +$9.41M |
|
845
Essential Properties Realty Trust
EPRT
$6.41B
| $186M | 0.01% |
6,240,518
+673,121
| +12% | +$20.9M |
|
846
Ligand Pharmaceuticals
LGND
$5.69B
| $186M | 0.01% |
589,020
+30,086
| +5% | +$7.09M |
|
847
Columbia Banking Systems
COLB
$8.71B
| $186M | 0.01% |
5,795,510
-69,372
| -1% | -$2.06M |
|
848
Houlihan Lokey
HLI
$9.58B
| $186M | 0.01% |
1,383,912
+32,703
| +2% | +$4.83M |
|
849
Kratos Defense & Security Solutions
KTOS
$8.98B
| $185M | 0.01% |
3,711,627
-1,552,655
| -29% | -$93.9M |
|
850
Southwest Gas
SWX
$6.38B
| $185M | 0.01% |
2,086,964
+378,958
| +22% | +$33.9M |
|
Similar funds
Geode Capital Management's Q2 2026 Portfolio in Review
As of Q2 2026, Geode Capital Management held 4,628 positions worth $1.88T, up 17% from $1.61T the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Geode Capital Management's Q2 2026 filing shows 115 new, 3,002 increased, 1,183 reduced and 181 closed positions. Its largest new stake was SpaceX: 13,529,026 shares worth $2.31B. The largest sale was Honeywell, an estimated $1.79B.
By sector, the portfolio is most concentrated in Technology at 36% of assets, up from 31% a quarter earlier, followed by Financials and Industrials.
- Geode Capital Management's largest Q2 2026 buy was SpaceX: 13,529,026 shares worth $2.31B.
- Geode Capital Management added most to Marvell Technology in Q2 2026, an estimated $1.71B increase.
- Geode Capital Management's biggest Q2 2026 reduction was Honeywell, cutting an estimated $1.79B.
- Geode Capital Management fully exited Coterra Energy in Q2 2026, selling an estimated $762M.
- Geode Capital Management's ten largest holdings make up 31% of its $1.88T portfolio in Q2 2026.
- Geode Capital Management opened 115 new positions and closed 181 in Q2 2026.
- Geode Capital Management's portfolio value rose 17% quarter-over-quarter to $1.88T.
Based on Geode Capital Management's 13F filing for Q2 2026, filed 12 Aug 2026.