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 | |
|---|---|---|---|---|---|---|
1676
Open Text
OTEX
$5.8B
| $45.5M | ﹤0.01% |
1,676,815
-1,945,128
| -54% | -$44.1M |
|
1677
BigBear.ai
BBAI
$1.4B
| $45.5M | ﹤0.01% |
12,396,241
+1,802,219
| +17% | +$7.21M |
|
1678
Napco Security Technologies
NSSC
$1.32B
| $45.5M | ﹤0.01% |
1,196,951
+88,859
| +8% | +$3.53M |
|
1679
Yelp
YELP
$1.18B
| $45.4M | ﹤0.01% |
1,849,722
+20,496
| +1% | +$511K |
|
1680
Babcock & Wilcox
BW
$1.06B
| $45.3M | ﹤0.01% |
3,209,585
+2,258,458
| +237% | +$38.3M |
|
1681
Alpha Metallurgical Resources
AMR
$2.86B
| $45.2M | ﹤0.01% |
273,675
+2,559
| +0.9% | +$488K |
|
1682
Monte Rosa Therapeutics
GLUE
$1.18B
| $45.1M | ﹤0.01% |
1,864,113
+323,301
| +21% | +$6.11M |
|
1683
Fluence Energy
FLNC
$1.48B
| $45.1M | ﹤0.01% |
2,266,730
+514,711
| +29% | +$9.57M |
|
1684
Butterfly Network
BFLY
$1.96B
| $45M | ﹤0.01% |
5,345,672
+536,568
| +11% | +$2.78M |
|
1685
Worthington Enterprises
WOR
$3.06B
| $44.8M | ﹤0.01% |
832,348
+39,613
| +5% | +$2.21M |
|
1686
NWPX Infrastructure Inc
NWPX
$1.04B
| $44.7M | ﹤0.01% |
298,048
+13,369
| +5% | +$1.46M |
|
1687
Taysha Gene Therapies
TSHA
$1.82B
| $44.7M | ﹤0.01% |
6,560,394
+1,028,439
| +19% | +$6.09M |
|
1688
TriCo Bancshares
TCBK
$1.74B
| $44.7M | ﹤0.01% |
829,277
+28,271
| +4% | +$1.43M |
|
1689
Hillman Solutions
HLMN
$1.49B
| $44.6M | ﹤0.01% |
5,285,788
+265,278
| +5% | +$2.11M |
|
1690
ANI Pharmaceuticals
ANIP
$1.64B
| $44.4M | ﹤0.01% |
536,407
+47,206
| +10% | +$3.79M |
|
1691
Fortrea Holdings
FTRE
$1.68B
| $44.3M | ﹤0.01% |
2,546,771
+180,294
| +8% | +$2.43M |
|
1692
nCino
NCNO
$2.44B
| $44.3M | ﹤0.01% |
2,709,930
+791,409
| +41% | +$13M |
|
1693
Triumph Financial Inc
TFIN
$1.66B
| $44.3M | ﹤0.01% |
579,887
+33,028
| +6% | +$2.25M |
|
|
JBS
1694
JBS N.V.
JBS
$42.9B
| $44.2M | ﹤0.01% |
3,750,950
+1,338,712
| +55% | +$19.6M |
|
1695
Center Bancorp
CNOB
$1.63B
| $44.2M | ﹤0.01% |
1,321,389
+72,902
| +6% | +$2.19M |
|
1696
Bank First Corp
BFC
$1.73B
| $44M | ﹤0.01% |
296,453
+14,346
| +5% | +$2.05M |
|
1697
Lincoln Educational Services
LINC
$813M
| $43.8M | ﹤0.01% |
877,173
+136,404
| +18% | +$6.17M |
|
1698
Dorian LPG
LPG
$2.36B
| $43.7M | ﹤0.01% |
1,256,397
+84,237
| +7% | +$3.32M |
|
1699
Buckle
BKE
$2.22B
| $43.7M | ﹤0.01% |
1,034,584
+92,952
| +10% | +$4.6M |
|
1700
Evertec
EVTC
$1.81B
| $43.6M | ﹤0.01% |
1,569,390
+30,824
| +2% | +$819K |
|
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.