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 | |
|---|---|---|---|---|---|---|
1076
Churchill Downs
CHDN
$6.07B
| $120M | 0.01% |
1,342,056
-68,034
| -5% | -$6.1M |
|
1077
AZZ Inc
AZZ
$4.21B
| $120M | 0.01% |
775,035
+42,607
| +6% | +$6.06M |
|
1078
PJT Partners
PJT
$4.67B
| $120M | 0.01% |
792,294
+41,259
| +5% | +$6.36M |
|
1079
International Bancshares
IBOC
$4.47B
| $120M | 0.01% |
1,573,378
+82,481
| +6% | +$5.99M |
|
1080
Erasca
ERAS
$5.66B
| $119M | 0.01% |
6,501,426
+505,277
| +8% | +$7.23M |
|
1081
Floor & Decor
FND
$5.35B
| $119M | 0.01% |
1,997,313
-39,535
| -2% | -$2M |
|
1082
Teradata
TDC
$2.61B
| $118M | 0.01% |
3,413,072
+872,992
| +34% | +$26.6M |
|
1083
10x Genomics
TXG
$8.16B
| $118M | 0.01% |
3,082,790
+178,562
| +6% | +$4.68M |
|
1084
Xometry
XMTR
$5.3B
| $118M | 0.01% |
1,224,198
+130,263
| +12% | +$9.31M |
|
1085
RXO
RXO
$3.41B
| $118M | 0.01% |
4,269,292
+282,209
| +7% | +$6.23M |
|
1086
Matador Resources
MTDR
$7.32B
| $118M | 0.01% |
2,365,794
+36,774
| +2% | +$2.09M |
|
1087
Enphase Energy
ENPH
$4.81B
| $118M | 0.01% |
2,388,154
-201,751
| -8% | -$9.19M |
|
1088
Tango Therapeutics
TNGX
$3.8B
| $117M | 0.01% |
3,742,791
+1,067,014
| +40% | +$26.4M |
|
1089
TFI International
TFII
$11.3B
| $117M | 0.01% |
814,760
+84,243
| +12% | +$11.9M |
|
1090
Independence Realty Trust
IRT
$3.79B
| $117M | 0.01% |
6,986,759
+315,170
| +5% | +$5.1M |
|
1091
H&R Block
HRB
$6.05B
| $117M | 0.01% |
3,061,311
-75,776
| -2% | -$2.64M |
|
1092
Conagra Brands
CAG
$7.43B
| $117M | 0.01% |
8,654,831
-4,152,325
| -32% | -$58M |
|
1093
Herc Holdings
HRI
$4.71B
| $117M | 0.01% |
812,727
+55,184
| +7% | +$7.12M |
|
1094
Broadstone Net Lease
BNL
$3.99B
| $116M | 0.01% |
5,628,247
+352,355
| +7% | +$7.11M |
|
1095
Celcuity
CELC
$4.68B
| $116M | 0.01% |
1,111,662
+220,592
| +25% | +$25.5M |
|
1096
BCE
BCE
$22.1B
| $115M | 0.01% |
4,744,780
+2,608,665
| +122% | +$62.6M |
|
1097
Alignment Healthcare
ALHC
$2.81B
| $115M | 0.01% |
4,845,510
+434,170
| +10% | +$8.33M |
|
1098
Opendoor
OPEN
$3.06B
| $115M | 0.01% |
24,951,742
+12,620,673
| +102% | +$60.4M |
|
1099
SiriusXM
SIRI
$9.77B
| $115M | 0.01% |
3,901,488
+194,777
| +5% | +$5.23M |
|
1100
Oceaneering
OII
$5.12B
| $115M | 0.01% |
2,839,554
+463,093
| +19% | +$17.5M |
|
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.