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 | |
|---|---|---|---|---|---|---|
|
EFC
1701
Ellington Financial
EFC
$1.74B
| $43.3M | ﹤0.01% |
3,180,748
+255,628
| +9% | +$3.38M |
|
1702
World Kinect Corp
WKC
$1.81B
| $43.2M | ﹤0.01% |
1,310,201
-31,128
| -2% | -$867K |
|
1703
AnaptysBio
ANAB
$1.68B
| $43.1M | ﹤0.01% |
637,873
+117,632
| +23% | +$7.13M |
|
1704
Arteris
AIP
$1.05B
| $43M | ﹤0.01% |
885,754
+94,438
| +12% | +$3.02M |
|
1705
Cimpress
CMPR
$2.13B
| $43M | ﹤0.01% |
423,026
+14,722
| +4% | +$1.31M |
|
1706
OceanFirst Financial
OCFC
$1.88B
| $43M | ﹤0.01% |
2,200,983
+790,935
| +56% | +$14.7M |
|
1707
Howard Hughes
HHH
$3.83B
| $43M | ﹤0.01% |
600,880
+844
| +0.1% | +$54.9K |
|
1708
Iovance Biotherapeutics
IOVA
$3.98B
| $43M | ﹤0.01% |
10,324,826
+1,752,228
| +20% | +$6.66M |
|
1709
QCR Holdings
QCRH
$1.68B
| $42.9M | ﹤0.01% |
440,660
+23,596
| +6% | +$2.17M |
|
1710
1st Source
SRCE
$2.1B
| $42.8M | ﹤0.01% |
524,714
+11,008
| +2% | +$822K |
|
1711
Mineralys Therapeutics
MLYS
$2.49B
| $42.8M | ﹤0.01% |
1,584,326
+283,191
| +22% | +$7.77M |
|
|
MBX
1712
MBX Biosciences
MBX
$2.97B
| $42.7M | ﹤0.01% |
773,072
+102,687
| +15% | +$3.59M |
|
1713
Sonos
SONO
$1.82B
| $42.6M | ﹤0.01% |
3,149,527
+166,883
| +6% | +$2.44M |
|
|
INFQ
1714
Infleqtion Inc
INFQ
$2.9B
| $42.6M | ﹤0.01% |
+3,197,940
| New | +$44M |
|
1715
Dime Commercial Bancshares
DCOM
$1.82B
| $42.5M | ﹤0.01% |
1,046,067
+19,528
| +2% | +$726K |
|
1716
Preferred Bank
PFBC
$1.23B
| $42.4M | ﹤0.01% |
399,169
+23,019
| +6% | +$2.21M |
|
1717
NovoCure
NVCR
$2.09B
| $42.4M | ﹤0.01% |
2,798,351
+286,644
| +11% | +$4.34M |
|
|
FIGR
1718
Figure Technology Solutions
FIGR
$8.07B
| $42.3M | ﹤0.01% |
1,376,284
+552,006
| +67% | +$18.5M |
|
|
PVLA
1719
Palvella Therapeutics
PVLA
$2.27B
| $42.2M | ﹤0.01% |
276,164
+70,555
| +34% | +$8.56M |
|
1720
Arm
ARM
$269B
| $42.2M | ﹤0.01% |
118,891
-98
| -0.1% | -$26.1K |
|
1721
La-Z-Boy
LZB
$1.31B
| $42M | ﹤0.01% |
1,047,135
+38,969
| +4% | +$1.41M |
|
1722
Qiagen
QGEN
$8.98B
| $42M | ﹤0.01% |
1,074,640
+41,803
| +4% | +$1.55M |
|
1723
Amylyx Pharmaceuticals
AMLX
$3.8B
| $41.9M | ﹤0.01% |
2,335,315
+124,383
| +6% | +$1.92M |
|
1724
Ferrovial N.V. Ordinary Shares
FER
$41.8B
| $41.9M | ﹤0.01% |
610,004
-9,110
| -1% | -$622K |
|
1725
Olin
OLN
$1.98B
| $41.8M | ﹤0.01% |
2,107,148
-4,428
| -0.2% | -$116K |
|
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.