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 | |
|---|---|---|---|---|---|---|
976
UFP Industries
UFPI
$4.65B
| $144M | 0.01% |
1,591,284
+47,232
| +3% | +$4.11M |
|
977
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.93B
| $144M | 0.01% |
3,697,531
+606,318
| +20% | +$24.2M |
|
978
LivaNova
LIVN
$4.51B
| $144M | 0.01% |
1,755,648
+257,877
| +17% | +$18.2M |
|
979
GFL Environmental
GFL
$19.1B
| $144M | 0.01% |
3,932,615
+1,647,842
| +72% | +$62.3M |
|
980
Meritage Homes
MTH
$4.39B
| $144M | 0.01% |
1,718,277
+56,536
| +3% | +$3.86M |
|
981
MP Materials
MP
$9.71B
| $143M | 0.01% |
2,553,356
+33,551
| +1% | +$2.04M |
|
982
Murphy Oil
MUR
$5.22B
| $142M | 0.01% |
4,366,590
+684,054
| +19% | +$26.2M |
|
983
Joby Aviation
JOBY
$6.67B
| $142M | 0.01% |
15,937,137
+2,090,648
| +15% | +$20.2M |
|
|
RAL
984
Ralliant Corp
RAL
$7.02B
| $142M | 0.01% |
1,927,771
+4,512
| +0.2% | +$252K |
|
985
Texas Capital Bancshares
TCBI
$4.29B
| $141M | 0.01% |
1,369,120
+50,614
| +4% | +$5.08M |
|
986
Vornado Realty Trust
VNO
$6.83B
| $140M | 0.01% |
3,565,214
-2,575
| -0.1% | -$83.2K |
|
987
Axalta
AXTA
$7.66B
| $140M | 0.01% |
4,082,613
+47,212
| +1% | +$1.42M |
|
988
Transocean
RIG
$6.53B
| $140M | 0.01% |
28,561,101
+5,089,504
| +22% | +$31.8M |
|
989
Chord Energy
CHRD
$8.01B
| $139M | 0.01% |
1,218,693
+22,894
| +2% | +$3.1M |
|
990
Millicom
TIGO
$15.9B
| $139M | 0.01% |
1,540,359
+751,911
| +95% | +$63.3M |
|
991
MSC Industrial Direct
MSM
$6.78B
| $139M | 0.01% |
1,168,449
+60,919
| +6% | +$6.47M |
|
992
Eastman Chemical
EMN
$8.14B
| $138M | 0.01% |
2,065,492
+19,998
| +1% | +$1.46M |
|
993
Lear
LEA
$6.64B
| $138M | 0.01% |
1,026,961
+11,180
| +1% | +$1.5M |
|
994
AGCO
AGCO
$9.34B
| $137M | 0.01% |
1,144,726
-3,560
| -0.3% | -$414K |
|
995
Bruker
BRKR
$8.91B
| $137M | 0.01% |
2,275,361
+51,955
| +2% | +$2.42M |
|
996
CRISPR Therapeutics
CRSP
$5.39B
| $137M | 0.01% |
2,509,915
+132,751
| +6% | +$7M |
|
997
Sensient Technologies
SXT
$5.74B
| $137M | 0.01% |
1,109,107
+67,312
| +6% | +$7.49M |
|
|
ORKA
998
Oruka Therapeutics
ORKA
$6.13B
| $136M | 0.01% |
1,429,954
+475,087
| +50% | +$31.7M |
|
999
Saic
SAIC
$5.31B
| $136M | 0.01% |
1,230,785
+255,024
| +26% | +$25.8M |
|
1000
Sphere Entertainment
SPHR
$5.11B
| $136M | 0.01% |
784,997
+54,684
| +7% | +$7.62M |
|
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.