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 | 35.8% |
| 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 | |
|---|---|---|---|---|---|---|
1301
Ultragenyx Pharmaceutical
RARE
$1.51B
| $86.1M | ﹤0.01% |
2,578,828
+729,437
| +39% | +$18.1M |
|
1302
Immunovant
IMVT
$8.11B
| $86.1M | ﹤0.01% |
2,234,602
+142,500
| +7% | +$4.34M |
|
1303
Acushnet Holdings
GOLF
$5.07B
| $86M | ﹤0.01% |
725,376
+42,816
| +6% | +$4.1M |
|
1304
Digi International
DGII
$2.63B
| $85.7M | ﹤0.01% |
1,143,462
+152,985
| +15% | +$9.49M |
|
1305
Sunrun
RUN
$2.14B
| $85.7M | ﹤0.01% |
6,402,401
+218,120
| +4% | +$2.94M |
|
1306
Planet Fitness
PLNT
$3.84B
| $85.2M | ﹤0.01% |
1,633,110
-75,943
| -4% | -$4.46M |
|
1307
Century Aluminum
CENX
$4.63B
| $85M | ﹤0.01% |
1,846,800
+306,588
| +20% | +$18.4M |
|
1308
Acadia Pharmaceuticals
ACAD
$4.83B
| $85M | ﹤0.01% |
3,358,129
-106,560
| -3% | -$2.34M |
|
1309
H.B. Fuller
FUL
$2.9B
| $84.9M | ﹤0.01% |
1,456,809
+85,002
| +6% | +$5.23M |
|
1310
Dana Inc
DAN
$3.45B
| $84.9M | ﹤0.01% |
3,120,396
+34,312
| +1% | +$1.17M |
|
1311
Maximus
MMS
$3.02B
| $84.8M | ﹤0.01% |
1,577,117
+79,438
| +5% | +$4.95M |
|
1312
Red Rock Resorts
RRR
$3.38B
| $84.7M | ﹤0.01% |
1,301,332
+30,186
| +2% | +$1.72M |
|
1313
Astronics
ATRO
$3.28B
| $84.6M | ﹤0.01% |
1,041,399
-23,041
| -2% | -$1.57M |
|
1314
Towne Bank
TOWN
$3.48B
| $84.5M | ﹤0.01% |
2,331,521
+142,060
| +6% | +$4.96M |
|
1315
ArcBest
ARCB
$3.15B
| $84.4M | ﹤0.01% |
588,150
+18,351
| +3% | +$2.39M |
|
1316
Stantec
STN
$8.26B
| $84.3M | ﹤0.01% |
1,216,558
+97,079
| +9% | +$7.83M |
|
1317
Aehr Test Systems
AEHR
$2.81B
| $84.1M | ﹤0.01% |
875,505
+149,794
| +21% | +$13.7M |
|
1318
Cinemark Holdings
CNK
$4.06B
| $83.8M | ﹤0.01% |
2,639,089
+146,713
| +6% | +$4.35M |
|
1319
Nicolet Bankshares
NIC
$3.61B
| $83.5M | ﹤0.01% |
504,741
+47,764
| +10% | +$7.05M |
|
1320
StepStone Group
STEP
$4.19B
| $83.4M | ﹤0.01% |
2,016,372
+65,013
| +3% | +$3.22M |
|
|
CURB
1321
Curbline Properties
CURB
$3.39B
| $83.4M | ﹤0.01% |
2,741,740
+153,248
| +6% | +$4.37M |
|
1322
Dyne Therapeutics
DYN
$4.53B
| $83.2M | ﹤0.01% |
3,743,427
+239,313
| +7% | +$4.45M |
|
1323
Park Hotels & Resorts
PK
$3.07B
| $83.1M | ﹤0.01% |
5,828,271
+1,800,148
| +45% | +$22M |
|
1324
Envista
NVST
$4.38B
| $83M | ﹤0.01% |
3,150,508
+1,213
| +0% | +$30.6K |
|
1325
American States Water
AWR
$3.51B
| $82.7M | ﹤0.01% |
1,001,087
+66,722
| +7% | +$5.17M |
|
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.