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 | |
|---|---|---|---|---|---|---|
|
SKYT
1926
DELISTED
SkyWater Technology
SKYT
| $30.1M | ﹤0.01% |
863,313
+60,619
| +8% | +$2.07M |
|
1927
Dillards
DDS
$10.3B
| $30M | ﹤0.01% |
56,824
-6,135
| -10% | -$3.54M |
|
1928
Scansource
SCSC
$1.19B
| $30M | ﹤0.01% |
576,380
+15,529
| +3% | +$681K |
|
|
INVX
1929
Innovex International
INVX
$2.1B
| $30M | ﹤0.01% |
1,209,820
+267,887
| +28% | +$7.28M |
|
|
AMBQ
1930
Ambiq Micro
AMBQ
$1.39B
| $30M | ﹤0.01% |
339,327
+41,779
| +14% | +$2.48M |
|
1931
Worthington Steel
WS
$1.84B
| $29.9M | ﹤0.01% |
890,497
+52,607
| +6% | +$2.02M |
|
1932
American Express Global Business Travel
GBTG
$4.95B
| $29.9M | ﹤0.01% |
3,179,581
+224,280
| +8% | +$1.82M |
|
|
BBUC
1933
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$5.76B
| $29.6M | ﹤0.01% |
991,157
+688,088
| +227% | +$22.8M |
|
1934
Elbit Systems
ESLT
$33B
| $29.5M | ﹤0.01% |
38,947
-225
| -0.6% | -$187K |
|
1935
EyePoint Inc
EYPT
$395M
| $29.5M | ﹤0.01% |
2,062,390
+78,725
| +4% | +$1.05M |
|
1936
Safety Insurance
SAFT
$1.51B
| $29.5M | ﹤0.01% |
393,905
+16,958
| +4% | +$1.24M |
|
1937
SGHC Ltd
SGHC
$7.11B
| $29.4M | ﹤0.01% |
2,170,600
+282,516
| +15% | +$3.58M |
|
1938
Pacira BioSciences
PCRX
$1.05B
| $29.4M | ﹤0.01% |
1,158,693
+14,873
| +1% | +$352K |
|
1939
NCR Voyix
VYX
$1.26B
| $29.4M | ﹤0.01% |
3,596,982
+247,660
| +7% | +$1.74M |
|
|
AVNS
1940
DELISTED
Avanos Medical
AVNS
| $29.4M | ﹤0.01% |
1,181,164
+86,929
| +8% | +$2.04M |
|
|
FRVO
1941
Fervo Energy
FRVO
$5.35B
| $29.3M | ﹤0.01% |
+1,003,108
| New | +$36.2M |
|
1942
AdaptHealth
AHCO
$866M
| $29.3M | ﹤0.01% |
2,808,886
+127,951
| +5% | +$1.43M |
|
1943
Ivanhoe Electric
IE
$1.59B
| $29.2M | ﹤0.01% |
3,039,086
+479,083
| +19% | +$6.05M |
|
1944
Perella Weinberg Partners
PWP
$1.3B
| $29.1M | ﹤0.01% |
1,825,865
+212,192
| +13% | +$3.88M |
|
1945
NovaGold Resources
NG
$3.54B
| $29.1M | ﹤0.01% |
4,876,924
+1,319,064
| +37% | +$11M |
|
1946
Lucid Motors
LCID
$1.84B
| $29M | ﹤0.01% |
4,336,269
+1,748,160
| +68% | +$11.3M |
|
|
CIM
1947
Chimera Investment
CIM
$974M
| $28.9M | ﹤0.01% |
2,168,198
+258,131
| +14% | +$3.46M |
|
1948
Aurinia Pharmaceuticals
AUPH
$2.14B
| $28.9M | ﹤0.01% |
1,701,152
+165,143
| +11% | +$2.64M |
|
1949
Esquire Financial Holdings
ESQ
$1.44B
| $28.9M | ﹤0.01% |
242,287
+17,485
| +8% | +$1.94M |
|
|
LADR
1950
Ladder Capital
LADR
$1.25B
| $28.8M | ﹤0.01% |
2,897,106
+92,838
| +3% | +$943K |
|
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.