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 | 35.81% |
| 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 | |
|---|---|---|---|---|---|---|
151
Monster Beverage
MNST
$86.4B
| $1.96B | 0.1% |
40,642,368
-496,090
| -1% | -$20.8M |
|
152
Realty Income
O
$58.4B
| $1.96B | 0.1% |
31,265,152
+968,059
| +3% | +$60.4M |
|
153
Accenture
ACN
$118B
| $1.95B | 0.1% |
15,726,680
+176,053
| +1% | +$30.6M |
|
154
Allstate
ALL
$66.5B
| $1.95B | 0.1% |
8,158,947
+900,549
| +12% | +$196M |
|
155
3M
MMM
$86.8B
| $1.93B | 0.1% |
11,957,078
+59,831
| +0.5% | +$9.07M |
|
156
Lumentum
LITE
$76B
| $1.92B | 0.1% |
2,245,102
+117,660
| +6% | +$105M |
|
157
Illinois Tool Works
ITW
$77.4B
| $1.92B | 0.1% |
7,084,318
+25,030
| +0.4% | +$6.49M |
|
158
United Rentals
URI
$61.9B
| $1.92B | 0.1% |
1,699,258
+30,273
| +2% | +$28.8M |
|
159
United Parcel Service
UPS
$88.1B
| $1.91B | 0.1% |
17,861,160
+349,395
| +2% | +$36.3M |
|
160
Valero Energy
VLO
$107B
| $1.9B | 0.1% |
7,269,612
-1,019,200
| -12% | -$251M |
|
161
Fastenal
FAST
$56.5B
| $1.9B | 0.1% |
39,479,611
+556,500
| +1% | +$25.3M |
|
162
Phillips 66
PSX
$102B
| $1.87B | 0.1% |
11,122,010
+463,835
| +4% | +$79.8M |
|
163
Constellation Energy
CEG
$101B
| $1.86B | 0.1% |
7,515,854
+223,853
| +3% | +$63M |
|
164
W.W. Grainger
GWW
$61.8B
| $1.86B | 0.1% |
1,370,120
+139,151
| +11% | +$171M |
|
165
Warner Bros
WBD
$71.1B
| $1.86B | 0.1% |
69,897,377
-42,146
| -0.1% | -$1.14M |
|
|
166
Honeywell
HON
$65.8B
| $1.84B | 0.1% |
8,207,101
-8,043,500
| -49% | -$1.79B |
|
|
HONA
167
Honeywell Aerospace
HONA
$49.1B
| $1.82B | 0.1% |
+8,206,762
| New | +$1.81B |
|
168
Hilton Worldwide
HLT
$70.7B
| $1.81B | 0.1% |
5,475,148
-1,077,799
| -16% | -$354M |
|
169
Moody's
MCO
$87.3B
| $1.81B | 0.1% |
4,006,816
-74,748
| -2% | -$33.6M |
|
170
Intuit
INTU
$94.2B
| $1.81B | 0.1% |
6,934,202
+141,781
| +2% | +$49.4M |
|
171
Sherwin-Williams
SHW
$80.7B
| $1.8B | 0.1% |
5,246,200
-85,603
| -2% | -$27.3M |
|
172
Emerson Electric
EMR
$83.8B
| $1.8B | 0.1% |
12,613,008
+66,103
| +0.5% | +$9.3M |
|
173
Kinder Morgan
KMI
$70.4B
| $1.77B | 0.09% |
55,692,758
+751,371
| +1% | +$24.2M |
|
174
Delta Air Lines
DAL
$51.8B
| $1.75B | 0.09% |
18,511,900
+541,325
| +3% | +$40.9M |
|
175
Digital Realty Trust
DLR
$69.7B
| $1.75B | 0.09% |
9,758,447
+321,888
| +3% | +$61.6M |
|
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.