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 | |
|---|---|---|---|---|---|---|
1801
AtriCure
ATRC
$2.62B
| $36.9M | ﹤0.01% |
1,319,687
+93,571
| +8% | +$2.63M |
|
1802
Arlo Technologies
ARLO
$1.5B
| $36.9M | ﹤0.01% |
2,736,321
+258,110
| +10% | +$3.5M |
|
1803
Westamerica Bancorp
WABC
$1.37B
| $36.8M | ﹤0.01% |
627,073
+13,911
| +2% | +$770K |
|
1804
MillerKnoll
MLKN
$1.58B
| $36.8M | ﹤0.01% |
1,797,667
+83,724
| +5% | +$1.34M |
|
1805
Universal Insurance Holdings
UVE
$1.23B
| $36.8M | ﹤0.01% |
888,725
-2,421
| -0.3% | -$91.2K |
|
1806
Wolfspeed
WOLF
$1.47B
| $36.7M | ﹤0.01% |
760,106
+448,823
| +144% | +$19.5M |
|
1807
AtaiBeckley Inc
ATAI
$2.74B
| $36.5M | ﹤0.01% |
6,933,309
+4,423,335
| +176% | +$18.6M |
|
|
ORC
1808
Orchid Island Capital
ORC
$1.3B
| $36.5M | ﹤0.01% |
5,236,176
+785,931
| +18% | +$5.42M |
|
1809
Winmark
WINA
$1.14B
| $36.4M | ﹤0.01% |
86,022
+4,705
| +6% | +$1.84M |
|
1810
Boston Beer
SAM
$1.74B
| $36.4M | ﹤0.01% |
205,368
+63,255
| +45% | +$12.8M |
|
|
ARI
1811
Apollo Commercial Real Estate
ARI
$884M
| $36.1M | ﹤0.01% |
3,383,089
+58,437
| +2% | +$637K |
|
1812
Hycroft Mining Holding Corp
HYMC
$2.11B
| $36.1M | ﹤0.01% |
1,540,791
+714,155
| +86% | +$24.1M |
|
1813
Univest Financial
UVSP
$1.17B
| $36M | ﹤0.01% |
823,655
+32,711
| +4% | +$1.28M |
|
1814
Kosmos Energy
KOS
$1.66B
| $36M | ﹤0.01% |
17,066,608
+4,352,553
| +34% | +$12.1M |
|
1815
BlackLine
BL
$1.9B
| $36M | ﹤0.01% |
1,282,083
+47,892
| +4% | +$1.43M |
|
1816
Ezcorp Inc
EZPW
$2.05B
| $35.7M | ﹤0.01% |
1,032,142
+4,385
| +0.4% | +$138K |
|
1817
Paymentus
PAY
$4.56B
| $35.6M | ﹤0.01% |
1,472,722
+770,390
| +110% | +$18.9M |
|
1818
TriNet
TNET
$3.17B
| $35.6M | ﹤0.01% |
718,687
+5,552
| +0.8% | +$238K |
|
1819
Surgery Partners
SGRY
$1.87B
| $35.6M | ﹤0.01% |
2,116,579
+114,205
| +6% | +$1.6M |
|
1820
ICF International
ICFI
$1.58B
| $35.5M | ﹤0.01% |
487,563
+26,592
| +6% | +$1.84M |
|
1821
Douglas Dynamics
PLOW
$976M
| $35.5M | ﹤0.01% |
658,314
+107,523
| +20% | +$4.96M |
|
1822
Nuvation Bio
NUVB
$2.39B
| $35.5M | ﹤0.01% |
6,244,805
+381,151
| +7% | +$1.86M |
|
1823
Wendy's
WEN
$1.53B
| $35.4M | ﹤0.01% |
4,270,644
+1,313,451
| +44% | +$9.39M |
|
1824
LGI Homes
LGIH
$1.28B
| $35.4M | ﹤0.01% |
555,716
+29,884
| +6% | +$1.43M |
|
1825
G-III Apparel Group
GIII
$1.17B
| $35.4M | ﹤0.01% |
1,049,748
+60,153
| +6% | +$1.9M |
|
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.