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 | |
|---|---|---|---|---|---|---|
|
HTO
1526
H2O America
HTO
$2.69B
| $60.3M | ﹤0.01% |
992,465
+95,389
| +11% | +$5.53M |
|
1527
Northwest Bancshares
NWBI
$2.29B
| $60.3M | ﹤0.01% |
3,976,787
+207,252
| +5% | +$2.89M |
|
1528
Northwest Natural Holdings
NWN
$2.07B
| $60.2M | ﹤0.01% |
1,227,245
+195,006
| +19% | +$9.99M |
|
1529
Hayward Holdings
HAYW
$2.95B
| $60.2M | ﹤0.01% |
3,475,701
+29,609
| +0.9% | +$432K |
|
1530
Banner Corp
BANR
$2.61B
| $60.2M | ﹤0.01% |
905,159
+42,830
| +5% | +$2.78M |
|
1531
IPG Photonics
IPGP
$3.32B
| $60.1M | ﹤0.01% |
511,870
+11,503
| +2% | +$1.32M |
|
1532
Dentsply Sirona
XRAY
$2.27B
| $60M | ﹤0.01% |
5,650,605
+1,826,968
| +48% | +$19.9M |
|
1533
Warner Music
WMG
$15.1B
| $60M | ﹤0.01% |
2,213,818
-4,812
| -0.2% | -$143K |
|
1534
Lifestance Health
LFST
$4.86B
| $59.9M | ﹤0.01% |
5,592,598
+867,444
| +18% | +$6.7M |
|
1535
Encore Capital Group
ECPG
$2.06B
| $59.7M | ﹤0.01% |
639,836
+17,252
| +3% | +$1.4M |
|
1536
Vericel Corp
VCEL
$2.06B
| $59.7M | ﹤0.01% |
1,341,244
+86,382
| +7% | +$3.11M |
|
1537
Energy Fuels
UUUU
$3.83B
| $59.5M | ﹤0.01% |
3,928,418
+759,776
| +24% | +$14M |
|
1538
Sunstone Hotel Investors
SHO
$2.06B
| $59.5M | ﹤0.01% |
5,195,704
+137,447
| +3% | +$1.44M |
|
1539
Transmedics
TMDX
$3.12B
| $59.5M | ﹤0.01% |
894,913
+55,758
| +7% | +$4.72M |
|
1540
BILL Holdings
BILL
$4.19B
| $59.2M | ﹤0.01% |
1,636,476
+36,797
| +2% | +$1.36M |
|
1541
Capri Holdings
CPRI
$1.54B
| $58.8M | ﹤0.01% |
3,168,204
+130,675
| +4% | +$2.51M |
|
1542
Hawaiian Electric Industries
HE
$1.92B
| $58.7M | ﹤0.01% |
4,335,526
+248,195
| +6% | +$3.54M |
|
1543
Agios Pharmaceuticals
AGIO
$1.98B
| $58.4M | ﹤0.01% |
1,574,268
+106,358
| +7% | +$3.23M |
|
1544
Immunome
IMNM
$3.04B
| $58.4M | ﹤0.01% |
2,754,889
+194,225
| +8% | +$4.16M |
|
|
NTST
1545
NETSTREIT Corp
NTST
$2.04B
| $58.2M | ﹤0.01% |
2,753,984
+322,535
| +13% | +$6.54M |
|
1546
Snap
SNAP
$9.25B
| $57.9M | ﹤0.01% |
13,032,550
-737,304
| -5% | -$4.03M |
|
1547
Disc Medicine
IRON
$3.04B
| $57.8M | ﹤0.01% |
789,724
+45,502
| +6% | +$3.13M |
|
|
LTC
1548
LTC Properties
LTC
$2.22B
| $57.7M | ﹤0.01% |
1,499,480
+153,023
| +11% | +$5.81M |
|
1549
Assured Guaranty
AGO
$3.33B
| $57.5M | ﹤0.01% |
716,703
-17,641
| -2% | -$1.39M |
|
1550
OFG Bancorp
OFG
$2.25B
| $57.3M | ﹤0.01% |
1,166,977
+41,582
| +4% | +$1.88M |
|
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.