Index giant

Geode Capital Management, LLC

13F for the quarter to June 30, 2026, filed August 12, 2026 · SEC CIK 1214717

Reported value: $1.88tn
Positions we cover: 4,079
Copy, a year: +14.3%
Copy Sharpe ratio: 0.78

How copying its 13F would have done

CopyS&P 500 $10,000 copying Geode Capital Management, LLC's filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −32.4% (S&P 500 −31.8%); beta 1.02; alpha +0.0% a year (t = 0.04); last 12 months +11.4% against +12.1%.

Reported value by quarter

Geode Capital Management, LLC: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2013-06-30	$113.5B
2013-09-30	$124.4B
2013-12-31	$143.8B
2014-03-31	$148.7B
2014-06-30	$154.3B
2014-09-30	$153.9B
2014-12-31	$167.7B
2015-03-31	$174.5B
2015-06-30	$174.8B
2015-09-30	$164.6B
2015-12-31	$175B
2016-03-31	$187.9B
2016-06-30	$183.3B
2016-09-30	$198B
2016-12-31	$214.5B
2017-03-31	$243.2B
2017-06-30	$253.6B
2017-09-30	$270.1B
2017-12-31	$293.8B
2018-03-31	$306.1B
2018-06-30	$324.6B
2018-09-30	$354.2B
2018-12-31	$645.7B
2019-03-31	$385.4B
2019-06-30	$412.7B
2019-09-30	$427.9B
2019-12-31	$955.6B
2020-03-31	$383.5B
2020-06-30	$467.3B
2020-09-30	$510.2B
2020-12-31	$595.6B
2021-03-31	$653.6B
2021-06-30	$725.6B
2021-09-30	$742.6B
2021-12-31	$830.1B
2022-03-31	$801B
2022-06-30	$682.6B
2022-09-30	$659.2B
2022-12-31	$712.5B
2023-03-31	$770B
2023-06-30	$850.9B
2023-09-30	$839.5B
2023-12-31	$955.8B
2024-03-31	$1.1T
2024-06-30	$1.1T
2024-09-30	$1.2T
2024-12-31	$1.3T
2025-03-31	$1.3T
2025-06-30	$1.4T
2025-09-30	$1.6T
2025-12-31	$1.6T
2026-03-31	$1.6T
2026-06-30	$1.9T

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
NVDANVIDIA Corporation	6.45%	$121.0bn	606.22M	+0.8% Added
AAPLApple Inc.	5.71%	$107.2bn	371.34M	+0.7% Added
MSFTMicrosoft Corporation	3.76%	$70.6bn	189.63M	+0.6% Added
AMZNAmazon	2.96%	$55.4bn	233.21M	0.0%
GOOGLAlphabet Inc. (Class A)	2.85%	$53.5bn	150.08M	−1.2% Reduced
AVGOBroadcom	2.34%	$43.9bn	116.39M	+1.8% Added
MUMicron Technology	1.70%	$31.9bn	27.71M	+1.0% Added
METAMeta Platforms	1.65%	$30.8bn	54.95M	+1.4% Added
TSLATesla, Inc.	1.54%	$28.9bn	68.91M	+1.3% Added
LLYLilly (Eli)	1.29%	$24.3bn	20.31M	+0.6% Added
AMDAdvanced Micro Devices	1.22%	$22.9bn	39.57M	−0.6% Reduced
JPMJPMorgan Chase	1.07%	$20.1bn	61.71M	−1.3% Reduced
AMATApplied Materials	0.85%	$15.9bn	22.01M	+0.4%
VVisa Inc.	0.83%	$15.5bn	45.29M	+0.9% Added
INTCIntel	0.82%	$15.4bn	110.34M	+0.7% Added
JNJJohnson & Johnson	0.80%	$15.0bn	59.09M	−0.1%
LRCXLam Research	0.80%	$14.9bn	34.51M	−1.9% Reduced
WMTWalmart	0.64%	$12.0bn	106.45M	+0.6% Added
CATCaterpillar Inc.	0.64%	$11.9bn	11.18M	+0.4%
CSCOCisco	0.63%	$11.8bn	101.01M	−1.1% Reduced
ABBVAbbVie	0.63%	$11.8bn	47.00M	+0.6% Added
MAMastercard	0.59%	$11.0bn	21.51M	+2.1% Added
KLACKLA Corporation	0.59%	$11.0bn	36.49M	+893.4% Added
COSTCostco	0.53%	$9.9bn	10.63M	−0.3%
PGProcter & Gamble	0.52%	$9.7bn	66.46M	+3.2% Added
GEGE Aerospace	0.49%	$9.3bn	24.83M	−2.1% Reduced
UNHUnitedHealth Group	0.48%	$9.0bn	21.75M	−4.5% Reduced
BACBank of America	0.48%	$8.9bn	157.61M	−0.2%
HDThe Home Depot	0.47%	$8.9bn	25.26M	+1.3% Added
KOThe Coca-Cola Company	0.46%	$8.6bn	105.98M	+14.0% Added
SNDKSandisk	0.43%	$8.2bn	3.59M	−14.7% Reduced
NFLXNetflix	0.42%	$7.8bn	110.31M	+6.6% Added
MRKMerck & Co.	0.42%	$7.8bn	60.74M	+2.0% Added
GEVGE Vernova	0.40%	$7.4bn	6.35M	−0.6% Reduced
CVXChevron Corporation	0.39%	$7.4bn	44.54M	+2.0% Added
TXNTexas Instruments	0.38%	$7.1bn	24.04M	+1.9% Added
PMPhilip Morris International	0.38%	$7.1bn	39.04M	+1.5% Added
GSGoldman Sachs	0.37%	$7.0bn	6.95M	−2.3% Reduced
PANWPalo Alto Networks	0.36%	$6.7bn	19.62M	+1.5% Added
IBMIBM	0.35%	$6.6bn	23.45M	+1.6% Added
PLTRPalantir Technologies Inc.	0.34%	$6.4bn	55.33M	−1.0% Reduced
RTXRTX Corporation	0.34%	$6.3bn	33.18M	−0.2%
MRVLMarvell Technology	0.33%	$6.3bn	21.13M	+67.9% Added
LINLinde plc	0.33%	$6.2bn	11.94M	+0.9% Added
WFCWells Fargo	0.32%	$6.1bn	73.89M	+0.1%
CCitigroup	0.31%	$5.7bn	41.05M	−3.0% Reduced
ORCLOracle Corporation	0.30%	$5.7bn	39.25M	+0.8% Added
MSMorgan Stanley	0.30%	$5.7bn	27.35M	−1.3% Reduced
AMGNAmgen	0.30%	$5.7bn	15.70M	+1.7% Added
QCOMQualcomm	0.29%	$5.5bn	29.65M	−0.3%
APHAmphenol	0.29%	$5.5bn	31.07M	−0.7% Reduced
WDCWestern Digital	0.28%	$5.4bn	8.41M	−11.2% Reduced
STXSeagate Technology	0.27%	$5.0bn	5.16M	+1.9% Added
ADIAnalog Devices	0.26%	$4.9bn	12.42M	+2.1% Added
MCDMcDonald's	0.26%	$4.9bn	18.11M	+0.8% Added
PEPPepsiCo	0.25%	$4.7bn	34.98M	+1.1% Added
AXPAmerican Express	0.25%	$4.7bn	14.02M	−1.0% Reduced
GLWCorning Inc.	0.25%	$4.7bn	18.36M	−12.4% Reduced
ANETArista Networks	0.25%	$4.7bn	27.51M	+1.0% Added
CRWDCrowdStrike	0.25%	$4.6bn	6.08M	+1.4% Added
VZVerizon	0.24%	$4.5bn	106.82M	+0.6% Added
NEENextEra Energy	0.23%	$4.4bn	49.96M	+3.4% Added
UNPUnion Pacific Corporation	0.23%	$4.4bn	16.12M	+1.6% Added
TJXTJX Companies	0.23%	$4.4bn	28.89M	−1.0% Reduced
TMOThermo Fisher Scientific	0.22%	$4.2bn	8.38M	−0.3%
WELLWelltower	0.21%	$4.0bn	17.69M	−0.5%
DISThe Walt Disney Company	0.21%	$4.0bn	41.32M	−0.6% Reduced
BKNGBooking Holdings	0.21%	$3.9bn	21.92M	+2360.1% Added
BABoeing	0.21%	$3.9bn	17.98M	+2.3% Added
ETNEaton Corporation	0.20%	$3.8bn	8.96M	+1.2% Added
GILDGilead Sciences	0.20%	$3.8bn	30.07M	+1.1% Added
APPApplovin Corp	0.20%	$3.8bn	7.36M	+1.0% Added
PGRProgressive Corporation	0.20%	$3.7bn	17.01M	+4.6% Added
TAT&T	0.20%	$3.7bn	177.04M	+1.2% Added
DEDeere & Company	0.19%	$3.6bn	5.71M	+0.5%
ABTAbbott Laboratories	0.19%	$3.5bn	39.22M	+0.2%
MOAltria	0.18%	$3.4bn	47.72M	+1.5% Added
SCHWCharles Schwab Corporation	0.18%	$3.4bn	37.29M	−3.6% Reduced
RYRoyal Bank Of Canada	0.18%	$3.4bn	16.05M	+11.8% Added
ISRGIntuitive Surgical	0.18%	$3.4bn	8.53M	+0.8% Added
DELLDell Technologies	0.18%	$3.3bn	7.65M	−0.9% Reduced
UBERUber	0.18%	$3.3bn	45.81M	−4.3% Reduced
PFEPfizer	0.17%	$3.2bn	135.28M	+1.3% Added
BMYBristol Myers Squibb	0.17%	$3.2bn	56.44M	+2.1% Added
PLDPrologis	0.17%	$3.2bn	23.89M	+1.2% Added
BLKBlackRock	0.17%	$3.1bn	3.28M	+0.9% Added
LOWLowe's	0.17%	$3.1bn	14.29M	+1.3% Added
CBChubb Limited	0.17%	$3.1bn	9.15M	+0.3%
CRMSalesforce	0.17%	$3.1bn	19.81M	−10.8% Reduced
CVSCVS Health	0.16%	$3.1bn	29.90M	+1.5% Added
VRTVertiv	0.16%	$3.0bn	9.03M	−17.0% Reduced
VRTXVertex Pharmaceuticals	0.16%	$3.0bn	6.02M	−2.0% Reduced
COPConocoPhillips	0.16%	$3.0bn	28.69M	+0.4%
SBUXStarbucks	0.15%	$2.9bn	28.57M	+2.0% Added
COFCapital One	0.15%	$2.9bn	14.36M	+0.5%
SOSouthern Company	0.15%	$2.8bn	29.32M	+3.4% Added
PHParker Hannifin	0.15%	$2.8bn	2.89M	−1.0% Reduced
SPGIS&P Global	0.15%	$2.8bn	6.90M	−0.2%
DHRDanaher Corporation	0.14%	$2.7bn	14.28M	+1.0% Added
CDNSCadence Design Systems Inc	0.14%	$2.7bn	7.18M	−8.8% Reduced
NEMNewmont	0.14%	$2.7bn	27.98M	−1.0% Reduced
ADPAutomatic Data Processing	0.14%	$2.7bn	11.96M	−0.3%
FTNTFortinet	0.14%	$2.7bn	17.44M	−0.1%
LMTLockheed Martin	0.14%	$2.7bn	5.22M	+2.8% Added
EQIXEquinix	0.14%	$2.6bn	2.55M	+2.8% Added
DUKDuke Energy	0.14%	$2.6bn	20.37M	+1.6% Added
HWMHowmet Aerospace	0.14%	$2.6bn	9.51M	−17.9% Reduced
TTTrane Technologies	0.14%	$2.5bn	5.20M	+0.2%
SPGSimon Property Group	0.14%	$2.5bn	11.34M	+4.7% Added
PWRQuanta Services	0.14%	$2.5bn	3.52M	−15.9% Reduced
DDOGDatadog, Inc.	0.13%	$2.5bn	9.54M	+2.1% Added
SYKStryker Corporation	0.13%	$2.5bn	7.82M	+0.9% Added
TDToronto Dominion Bank	0.13%	$2.4bn	19.24M	+9.7% Added
NOWServiceNow	0.13%	$2.4bn	24.27M	−0.6% Reduced
ADBEAdobe Inc.	0.13%	$2.4bn	11.62M	−0.9% Reduced
USBU.S. Bancorp	0.13%	$2.4bn	39.25M	+2.1% Added
MDTMedtronic	0.13%	$2.4bn	30.19M	+5.1% Added
PNCPNC Financial Services	0.12%	$2.3bn	9.52M	+1.2% Added
SPCXSpace Exploration Technologies Corp	0.12%	$2.3bn	13.53M	New
CMICummins	0.12%	$2.3bn	3.23M	−13.8% Reduced
HOODRobinhood Markets	0.12%	$2.3bn	22.60M	+5.1% Added
FIXComfort Systems USA	0.12%	$2.3bn	1.15M	−7.0% Reduced
BNYBNY Mellon	0.12%	$2.3bn	15.78M	−15.6% Reduced
AMTAmerican Tower	0.12%	$2.3bn	13.84M	−0.7% Reduced
MRSHMarsh McLennan	0.12%	$2.3bn	13.51M	+0.8% Added
ORLYO'Reilly Automotive	0.12%	$2.2bn	24.18M	−1.6% Reduced
TERTeradyne	0.12%	$2.2bn	4.60M	+5.3% Added
WMBWilliams Companies	0.12%	$2.2bn	29.91M	+1.1% Added
RCLRoyal Caribbean Group	0.12%	$2.2bn	6.95M	−1.5% Reduced
GDGeneral Dynamics	0.12%	$2.2bn	6.22M	−0.7% Reduced
CMCSAComcast	0.12%	$2.2bn	89.53M	+1.6% Added
BXBlackstone Inc.	0.12%	$2.2bn	18.37M	+0.3%
CLColgate-Palmolive	0.11%	$2.1bn	23.14M	+1.1% Added
TMUST-Mobile US	0.11%	$2.1bn	12.76M	+2.6% Added
MPCMarathon Petroleum	0.11%	$2.1bn	8.35M	+6.8% Added
MCKMcKesson	0.11%	$2.1bn	2.82M	−2.8% Reduced
TRVThe Travelers Companies	0.11%	$2.1bn	6.32M	+12.0% Added
CSXCSX Corporation	0.11%	$2.1bn	44.16M	+0.7% Added
COHRCoherent Corp.	0.11%	$2.1bn	5.27M	+0.6% Added
CMECME Group	0.11%	$2.0bn	9.27M	+1.4% Added
FCXFreeport-McMoRan	0.11%	$2.0bn	32.56M	+0.9% Added
JCIJohnson Controls	0.11%	$2.0bn	13.99M	−1.0% Reduced
WMWaste Management	0.11%	$2.0bn	9.07M	−1.3% Reduced
SNPSSynopsys Inc	0.11%	$2.0bn	4.51M	−1.2% Reduced
ELVElevance Health	0.11%	$2.0bn	5.17M	−0.5% Reduced
MARMarriott International	0.10%	$2.0bn	5.35M	+0.8% Added
AEPAmerican Electric Power	0.10%	$2.0bn	14.40M	+1.3% Added
MNSTMonster Beverage	0.10%	$2.0bn	20.32M	−1.2% Reduced
ORealty Income	0.10%	$2.0bn	31.27M	+3.2% Added
ACNAccenture	0.10%	$2.0bn	15.73M	+1.1% Added

Company	Bought (value)	Shares
KLACKLA Corporation	$9.9bn	32.82M
BKNGBooking Holdings	$3.8bn	21.03M
MRVLMarvell Technology	$2.5bn	8.54M
SPCXSpace Exploration Technologies Corp	$2.3bn	13.53M
HONHoneywell Technologies	$1.8bn	8.21M
HONAHoneywell Aerospace	$1.8bn	8.21M
KOThe Coca-Cola Company	$1.1bn	13.02M
CCLCarnival Corporation	$1.0bn	36.41M
NVDANVIDIA Corporation	$975.6m	4.89M
CVNACarvana	$835.6m	12.74M
AVGOBroadcom	$796.6m	2.11M
AAPLApple Inc.	$784.9m	2.72M
DVNDevon Energy	$566.7m	13.77M
SUNBSunbelt Rentals Holdings, Inc.	$515.0m	6.81M
DDDuPont	$506.3m	3.75M

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
SNDKSandisk	−$1.4bn	−621.3K
WDCWestern Digital	−$678.1m	−1.07M
GLWCorning Inc.	−$661.9m	−2.60M
BEBloom Energy	−$655.6m	−2.15M
GOOGLAlphabet Inc. (Class A)	−$644.9m	−1.81M
VRTVertiv	−$619.4m	−1.85M
HWMHowmet Aerospace	−$557.0m	−2.07M
PWRQuanta Services	−$478.3m	−667.2K
UNHUnitedHealth Group	−$421.1m	−1.02M
BNYBNY Mellon	−$420.6m	−2.92M
CRMSalesforce	−$377.2m	−2.41M
CMICummins	−$367.0m	−516.9K
HLTHilton Worldwide	−$356.8m	−1.08M
CIENCiena	−$339.8m	−695.1K
MPWRMonolithic Power Systems, Inc.	−$326.3m	−236.8K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
VTEXVtex	$2.6m	645.3K
DITAmcon Distributing Co	$234,746	2.6K
FVRRFiverr International Ltd.	$135,882	13.6K
LPALogistic Properties Of The Americas	$135,455	41.0K
MCGAYorkville Acquisition Corp.	$125,950	12.5K
CKXCKX Lands, Inc.	$125,120	12.1K
RNAZTranscode Therapeutics, Inc.	$109,690	12.7K
NVNOEnvveno Medical Corp	$105,912	10.5K
NAMMNamib Minerals	$78,288	33.9K
TVGNTevogen Inc.	$71,116	15.7K
TRUGTrugolf Holdings, Inc.	$70,782	14.5K
MDXHMdxhealth SA	$67,125	29.2K
UONEUrban ONE, Inc.	$60,360	10.3K
SDASuncar Technology Group Inc.	$59,270	34.9K
CNSPCNS Pharmaceuticals, Inc.	$55,653	23.2K
KAZRSkyline Builders Group Holding Ltd	$52,081	16.9K
BJDXBluejay Diagnostics, Inc.	$51,753	28.1K
GWAVGreenwave Technology Solutions, Inc.	$48,909	14.6K
IVFInvo Fertility, Inc.	$45,825	16.8K
AWXAvalon Holdings Corp	$37,605	14.5K
MREOMereo Biopharma Group plc	$30,536	92.5K
FNGRFingermotion, Inc.	$30,175	30.3K
NSPRInspiremd, Inc.	$29,737	18.2K
VIOTViomi Technology Co., Ltd	$23,828	21.5K
ONEGOneconstruction Group Ltd	$22,954	11.0K
BGLBlue Gold Ltd	$21,770	18.0K
BGMSBio Green Med Solution, Inc.	$21,588	21.6K
SLGBSmart Logistics Global Ltd	$18,174	24.9K
RYETRuanyun Edai Technology Inc.	$17,878	20.1K
UCLUcloudlink Group Inc.	$15,610	11.1K

Technology37.1%
Financials11.8%
Industrials10.5%
Health Care9.8%
Consumer Discretionary9.5%
Communication Services6.8%
Consumer Staples4.6%
Energy2.7%
Real Estate2.5%
Materials2.4%
Utilities2.4%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 16, 2013 to November 2, 2026	+14.3%	+14.1%	0.78	0.78	−32.4%	1.02
2018 onwardsJanuary 5, 2018 to November 2, 2026	+13.6%	+13.9%	0.63	0.66	−32.4%	1.02
Last three yearsNovember 3, 2023 to November 2, 2026	+20.7%	+21.8%	1.09	1.16	−17.4%	1.00
Last yearNovember 7, 2025 to November 2, 2026	+13.5%	+14.2%	0.79	0.84	−8.6%	0.96

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.