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 | |
|---|---|---|---|---|---|---|
|
VISN
1401
Vistance Networks Inc
VISN
$1.48B
| $75.2M | ﹤0.01% |
5,883,505
-133,469
| -2% | -$1.88M |
|
1402
Scorpio Tankers
STNG
$4.12B
| $75.1M | ﹤0.01% |
1,084,457
+244,151
| +29% | +$19.1M |
|
1403
Thor Industries
THO
$4.01B
| $75.1M | ﹤0.01% |
998,960
+5,407
| +0.5% | +$416K |
|
1404
St. Joe Company
JOE
$3.76B
| $75.1M | ﹤0.01% |
1,198,445
+181,081
| +18% | +$11.9M |
|
|
PSKY
1405
Paramount Skydance Corp
PSKY
$12.2B
| $74.5M | ﹤0.01% |
7,571,972
+135,813
| +2% | +$1.43M |
|
1406
OneSpaWorld
OSW
$2.27B
| $74.5M | ﹤0.01% |
2,636,310
+119,512
| +5% | +$2.95M |
|
1407
Prestige Consumer Healthcare
PBH
$2.48B
| $74.3M | ﹤0.01% |
1,571,742
+111,707
| +8% | +$5.74M |
|
|
LBRDK
1408
DELISTED
Liberty Broadband Class C
LBRDK
| $74M | ﹤0.01% |
2,217,751
+4,694
| +0.2% | +$183K |
|
1409
Golar LNG
GLNG
$5.32B
| $73.9M | ﹤0.01% |
1,482,239
+145,539
| +11% | +$7.7M |
|
1410
Centuri Holdings
CTRI
$2.07B
| $73.7M | ﹤0.01% |
2,437,856
+475,675
| +24% | +$15.4M |
|
1411
Agilysys
AGYS
$3.14B
| $73.7M | ﹤0.01% |
705,109
+45,803
| +7% | +$3.55M |
|
1412
Trustmark
TRMK
$2.71B
| $73.4M | ﹤0.01% |
1,595,875
+81,274
| +5% | +$3.62M |
|
1413
Harley-Davidson
HOG
$2.95B
| $73.3M | ﹤0.01% |
2,995,865
+710,288
| +31% | +$17.1M |
|
1414
Marriott Vacations Worldwide
VAC
$3.67B
| $73.1M | ﹤0.01% |
717,760
+34,354
| +5% | +$2.75M |
|
1415
Supernus Pharmaceuticals
SUPN
$2.53B
| $73M | ﹤0.01% |
1,570,088
-53,426
| -3% | -$2.57M |
|
1416
LCI Industries
LCII
$2.49B
| $73M | ﹤0.01% |
689,629
+105,722
| +18% | +$11.6M |
|
1417
First Merchants
FRME
$2.64B
| $73M | ﹤0.01% |
1,670,991
+97,210
| +6% | +$3.95M |
|
1418
PENN Entertainment
PENN
$2.29B
| $73M | ﹤0.01% |
3,417,683
+1,071,777
| +46% | +$19.2M |
|
|
DX
1419
Dynex Capital
DX
$3.2B
| $73M | ﹤0.01% |
5,566,081
+824,639
| +17% | +$10.8M |
|
1420
Peabody Energy
BTU
$3.52B
| $73M | ﹤0.01% |
3,155,885
-158,033
| -5% | -$4.2M |
|
1421
Acadia Healthcare
ACHC
$2.62B
| $72.8M | ﹤0.01% |
2,465,247
+803,966
| +48% | +$20.6M |
|
1422
Vera Therapeutics
VERA
$2.59B
| $72.6M | ﹤0.01% |
1,692,442
+122,365
| +8% | +$4.56M |
|
1423
Brookfield Infrastructure
BIPC
$4.6B
| $72.6M | ﹤0.01% |
1,884,422
+254,906
| +16% | +$10.3M |
|
1424
Allegiant Air
ALGT
$2.14B
| $72.5M | ﹤0.01% |
616,297
+257,217
| +72% | +$22.2M |
|
1425
SPS Commerce
SPSC
$2.99B
| $72.4M | ﹤0.01% |
1,266,247
+268,288
| +27% | +$14.8M |
|
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.