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 | |
|---|---|---|---|---|---|---|
1576
V2X
VVX
$2.33B
| $54.5M | ﹤0.01% |
731,446
+132,973
| +22% | +$9.89M |
|
1577
Bitdeer Technologies
BTDR
$3.36B
| $54.4M | ﹤0.01% |
2,324,325
+210,228
| +10% | +$3.02M |
|
1578
Innospec
IOSP
$2.31B
| $54.3M | ﹤0.01% |
666,589
+35,997
| +6% | +$2.85M |
|
1579
Astrana Health
ASTH
$1.91B
| $54.2M | ﹤0.01% |
1,167,974
+129,889
| +13% | +$4.67M |
|
|
XHR
1580
Xenia Hotels & Resorts
XHR
$1.66B
| $54.2M | ﹤0.01% |
2,659,435
+80,544
| +3% | +$1.39M |
|
|
NESR
1581
National Energy Services Reunited Corp
NESR
$3.5B
| $54.1M | ﹤0.01% |
1,807,629
+888,102
| +97% | +$22M |
|
1582
RingCentral
RNG
$6.13B
| $54M | ﹤0.01% |
1,386,020
-152,511
| -10% | -$6.16M |
|
|
UNIT
1583
Uniti Group
UNIT
$2.47B
| $53.8M | ﹤0.01% |
4,686,323
+231,814
| +5% | +$2.63M |
|
1584
Futu Holdings
FUTU
$17.1B
| $53.6M | ﹤0.01% |
578,641
-56,298
| -9% | -$7.21M |
|
1585
First Commonwealth Financial
FCF
$2.16B
| $53.4M | ﹤0.01% |
2,626,809
+117,511
| +5% | +$2.22M |
|
1586
On Holding
ONON
$9.35B
| $53.4M | ﹤0.01% |
1,506,936
-16,665
| -1% | -$609K |
|
1587
Cedar Fair
FUN
$1.59B
| $53.3M | ﹤0.01% |
2,501,738
+142,153
| +6% | +$2.9M |
|
1588
UFP Technologies
UFPT
$2.24B
| $53.3M | ﹤0.01% |
200,933
+10,313
| +5% | +$2.24M |
|
|
PPLI
1589
People Inc
PPLI
$2.9B
| $53.2M | ﹤0.01% |
1,152,781
-41,271
| -3% | -$1.76M |
|
1590
Kohl's
KSS
$2.2B
| $53.1M | ﹤0.01% |
2,997,643
-131,660
| -4% | -$1.95M |
|
1591
Loar Holdings
LOAR
$6.36B
| $53.1M | ﹤0.01% |
658,166
-53,395
| -8% | -$3.4M |
|
1592
Universal Technical Institute
UTI
$1.22B
| $53M | ﹤0.01% |
1,239,433
+69,941
| +6% | +$2.69M |
|
|
MRX
1593
Marex Group Limited Ordinary Shares
MRX
$5.63B
| $52.9M | ﹤0.01% |
897,253
+170,759
| +24% | +$9.4M |
|
1594
MasterBrand
MBC
$1.73B
| $52.8M | ﹤0.01% |
5,131,400
+2,032,899
| +66% | +$17.4M |
|
1595
Turning Point Brands
TPB
$1.51B
| $52.7M | ﹤0.01% |
621,513
+20,548
| +3% | +$1.71M |
|
1596
Kyndryl
KD
$2.86B
| $52.7M | ﹤0.01% |
4,583,394
-8,945
| -0.2% | -$111K |
|
1597
Goodyear
GT
$1.8B
| $52.6M | ﹤0.01% |
7,975,178
+464,843
| +6% | +$2.99M |
|
1598
Harmony Biosciences
HRMY
$2.46B
| $52.5M | ﹤0.01% |
1,442,649
+119,929
| +9% | +$3.78M |
|
1599
Avis
CAR
$4.9B
| $52.5M | ﹤0.01% |
355,125
+4,285
| +1% | +$943K |
|
1600
Westlake Corp
WLK
$9.56B
| $52.5M | ﹤0.01% |
718,597
+104,263
| +17% | +$10.2M |
|
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.