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 | |
|---|---|---|---|---|---|---|
1651
German American Bancorp
GABC
$1.88B
| $47.6M | ﹤0.01% |
1,002,126
+62,168
| +7% | +$2.73M |
|
1652
PROG Holdings
PRG
$1.56B
| $47.2M | ﹤0.01% |
1,011,728
+43,539
| +4% | +$1.52M |
|
1653
Innoviva
INVA
$1.54B
| $47.1M | ﹤0.01% |
2,074,709
+144,991
| +8% | +$3.32M |
|
|
STUB
1654
StubHub Holdings
STUB
$2.52B
| $47M | ﹤0.01% |
3,653,633
+3,278,688
| +874% | +$28.9M |
|
1655
Shoals Technologies Group
SHLS
$1.2B
| $47M | ﹤0.01% |
4,745,938
+186,631
| +4% | +$1.69M |
|
1656
Enerpac Tool Group
EPAC
$1.91B
| $47M | ﹤0.01% |
1,310,074
+44,496
| +4% | +$1.56M |
|
1657
Talos Energy
TALO
$2.81B
| $46.9M | ﹤0.01% |
3,633,117
+541,071
| +17% | +$8.07M |
|
|
NAVN
1658
Navan Inc
NAVN
$7.07B
| $46.7M | ﹤0.01% |
2,043,728
+1,007,092
| +97% | +$18.4M |
|
1659
Alamo Group
ALG
$2.11B
| $46.7M | ﹤0.01% |
284,012
+18,258
| +7% | +$2.95M |
|
1660
Hope Bancorp
HOPE
$1.8B
| $46.7M | ﹤0.01% |
3,412,092
+175,321
| +5% | +$2.2M |
|
1661
Harmonic Inc
HLIT
$1.28B
| $46.6M | ﹤0.01% |
2,853,280
+59,032
| +2% | +$753K |
|
1662
Century Communities
CCS
$1.83B
| $46.5M | ﹤0.01% |
649,403
+20,749
| +3% | +$1.2M |
|
1663
RLJ Lodging Trust
RLJ
$1.67B
| $46.3M | ﹤0.01% |
3,909,540
+197,498
| +5% | +$1.85M |
|
1664
AvePoint
AVPT
$2.84B
| $46.2M | ﹤0.01% |
4,118,372
+441,088
| +12% | +$4.54M |
|
1665
FIVE9
FIVN
$2.49B
| $46.1M | ﹤0.01% |
2,163,451
+100,599
| +5% | +$1.99M |
|
1666
Sally Beauty Holdings
SBH
$1.56B
| $46.1M | ﹤0.01% |
3,257,918
+718,455
| +28% | +$9.69M |
|
|
MPT
1667
Medical Properties Trust
MPT
$2.39B
| $46M | ﹤0.01% |
9,953,326
-28,596
| -0.3% | -$142K |
|
1668
Viridian Therapeutics
VRDN
$2.6B
| $46M | ﹤0.01% |
2,501,869
+168,656
| +7% | +$2.72M |
|
1669
Central Garden & Pet Co Class A
CENTA
$2.26B
| $45.9M | ﹤0.01% |
1,184,591
+90,798
| +8% | +$3.17M |
|
1670
TriMas Corp
TRS
$1.42B
| $45.9M | ﹤0.01% |
1,019,286
+146,749
| +17% | +$5.84M |
|
1671
Strategic Education
STRA
$1.81B
| $45.9M | ﹤0.01% |
598,896
+7,563
| +1% | +$598K |
|
1672
Huntsman Corp
HUN
$1.69B
| $45.7M | ﹤0.01% |
4,300,653
+1,474,264
| +52% | +$20.3M |
|
|
FLY
1673
Firefly Aerospace
FLY
$3.63B
| $45.6M | ﹤0.01% |
1,550,013
+898,084
| +138% | +$33.6M |
|
1674
Herbalife
HLF
$1.3B
| $45.6M | ﹤0.01% |
3,465,068
+836,631
| +32% | +$11.5M |
|
1675
NextNav
NN
$2.56B
| $45.6M | ﹤0.01% |
2,554,434
+212,064
| +9% | +$4.1M |
|
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.