GEODE CAPITAL MANAGEMENT, LLC

BOSTON, MA · CIK 1214717 · 13F filing filed 2026-08-12

SEC-registered investment adviser since 2002 · limited liability company

Assets managed$1.7tn
Staff194 · 37 in investment roles
Main clients (by assets)Mutual funds and ETFs 95%, Private funds 5%
Form ADV · 2026-03-31SEC adviser record

Legal entityGeode Capital Management, LLC (US)

$1.9tn reported value +16.7% vs Q1 2026

4,447positions

31.1%in top 10

169 new 2,978 added 1,156 reduced 235 sold out vs Q1 2026

This report includes the holdings of 1 other manager that shares the investment decisions:

GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC – reports through this filing

Also in the report of:

Waldron Private Wealth LLC

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NVIDIA CORPORATION COM NVDA	NVDA	606,216,492	$121.0bn6.45%	6.45%	Added +4.9m	+4,889,325 0.8%
2	APPLE INC COM AAPL	AAPL	371,336,543	$107.2bn5.72%	5.72%	Added +2.7m	+2,719,589 0.7%
3	MICROSOFT CORP COM MSFT	MSFT	189,632,090	$70.6bn3.76%	3.76%	Added +1.1m	+1,130,172 0.6%
4	AMAZON COM INC COM AMZN	AMZN	233,211,684	$55.4bn2.95%	2.95%	Reduced -16.4k	-16,373 -0.0%
5	ALPHABET INC CAP STK CL A GOOGL	GOOGL	150,078,198	$53.5bn2.85%	2.85%	Reduced -1.8m	-1,809,896 -1.2%
6	BROADCOM INC COM AVGO	AVGO	116,394,795	$43.9bn2.34%	2.34%	Added +2.1m	+2,113,873 1.9%
7	ALPHABET INC CAP STK CL C GOOG	GOOG	114,777,169	$40.4bn2.15%	2.15%	Added +3.1m	+3,118,679 2.8%
8	MICRON TECHNOLOGY INC COM MU	MU	27,705,797	$31.9bn1.70%	1.70%	Added +273.0k	+273,040 1.0%
9	META PLATFORMS INC CL A META	META	54,949,893	$30.8bn1.64%	1.64%	Added +784.7k	+784,701 1.4%
10	TESLA INC COM TSLA	TSLA	68,914,720	$28.9bn1.54%	1.54%	Added +911.6k	+911,610 1.3%
11	ELI LILLY & CO COM LLY	LLY	20,310,858	$24.3bn1.29%	1.29%	Added +119.0k	+118,994 0.6%
12	ADVANCED MICRO DEVICES INC COM AMD	AMD	39,568,601	$22.9bn1.22%	1.22%	Reduced -222.5k	-222,485 -0.6%
13	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	41,525,290	$20.7bn1.11%	1.11%	Added +365.5k	+365,484 0.9%
14	JPMORGAN CHASE & CO COM JPM	JPM	61,707,794	$20.1bn1.07%	1.07%	Reduced -843.0k	-843,020 -1.4%
15	APPLIED MATLS INC COM AMAT	AMAT	22,007,983	$15.9bn0.85%	0.85%	Added +86.2k	+86,185 0.4%
16	VISA INC COM CL A V	V	45,285,275	$15.5bn0.83%	0.83%	Added +401.6k	+401,636 0.9%
17	INTEL CORP COM INTC	INTC	110,339,857	$15.4bn0.82%	0.82%	Added +805.2k	+805,220 0.7%
18	JOHNSON & JOHNSON COM JNJ	JNJ	59,086,417	$15.0bn0.80%	0.80%	Reduced -78.4k	-78,445 -0.1%
19	LAM RESEARCH CORP COM NEW LRCX	LRCX	34,506,240	$14.9bn0.80%	0.80%	Reduced -669.7k	-669,686 -1.9%
20	EXXON MOBIL CORP COM XOM	XOM	98,426,986	$13.4bn0.71%	0.71%	Added +2.9m	+2,948,337 3.1%
21	WALMART INC COM WMT	WMT	106,449,749	$12.0bn0.64%	0.64%	Added +593.6k	+593,609 0.6%
22	CATERPILLAR INC COM CAT	CAT	11,175,493	$11.9bn0.64%	0.64%	Added +48.0k	+48,010 0.4%
23	CISCO SYS INC COM CSCO	CSCO	101,007,196	$11.8bn0.63%	0.63%	Reduced -1.1m	-1,127,746 -1.1%
24	ABBVIE INC COM ABBV	ABBV	46,998,433	$11.8bn0.63%	0.63%	Added +260.9k	+260,852 0.6%
25	MASTERCARD INCORPORATED CL A MA	MA	21,512,085	$11.0bn0.59%	0.59%	Added +440.6k	+440,641 2.1%
26	KLA CORP COM NEW KLAC	KLAC	36,488,344	$11.0bn0.59%	0.59%	Reduced -240.8k	-240,796 -0.7%
27	COSTCO WHSL CORP NEW COM COST	COST	10,627,472	$9.9bn0.53%	0.53%	Reduced -31.8k	-31,752 -0.3%
28	PROCTER AND GAMBLE CO COM PG	PG	66,458,472	$9.7bn0.52%	0.52%	Added +2.1m	+2,055,100 3.2%
29	GE AEROSPACE COM NEW GE	GE	24,828,857	$9.3bn0.49%	0.49%	Reduced -542.8k	-542,758 -2.1%
30	UNITEDHEALTH GROUP INC COM UNH	UNH	21,751,937	$9.0bn0.48%	0.48%	Reduced -1.0m	-1,016,758 -4.5%
31	BANK AMERICA CORP COM BAC	BAC	157,607,251	$8.9bn0.48%	0.48%	Reduced -317.9k	-317,938 -0.2%
32	HOME DEPOT INC COM HD	HD	25,263,448	$8.9bn0.47%	0.47%	Added +325.5k	+325,482 1.3%
33	COCA COLA CO COM KO	KO	105,977,991	$8.6bn0.46%	0.46%	Added +13.0m	+13,023,362 14.0%
34	SANDISK CORP COM SNDK	SNDK	3,591,499	$8.2bn0.43%	0.43%	Reduced -621.3k	-621,273 -14.8%
35	NETFLIX INC COM NFLX	NFLX	110,312,736	$7.8bn0.42%	0.42%	Added +6.8m	+6,784,150 6.5%
36	MERCK & CO INC COM MRK	MRK	60,744,214	$7.8bn0.42%	0.42%	Added +1.2m	+1,186,060 2.0%
37	GE VERNOVA INC COM GEV	GEV	6,346,988	$7.4bn0.40%	0.40%	Reduced -38.1k	-38,090 -0.6%
38	CHEVRON CORP NEW COM CVX	CVX	44,535,812	$7.4bn0.39%	0.39%	Added +858.7k	+858,710 2.0%
39	TEXAS INSTRS INC COM TXN	TXN	24,038,147	$7.1bn0.38%	0.38%	Added +449.3k	+449,330 1.9%
40	PHILIP MORRIS INTL INC COM PM	PM	39,038,598	$7.1bn0.38%	0.38%	Added +577.4k	+577,415 1.5%
41	GOLDMAN SACHS GROUP INC COM GS	GS	6,948,585	$7.0bn0.37%	0.37%	Reduced -166.2k	-166,248 -2.3%
42	PALO ALTO NETWORKS INC COM PANW	PANW	19,615,573	$6.7bn0.36%	0.36%	Added +292.1k	+292,058 1.5%
43	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	23,448,500	$6.6bn0.35%	0.35%	Added +372.2k	+372,171 1.6%
44	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	55,334,968	$6.4bn0.34%	0.34%	Reduced -536.4k	-536,364 -1.0%
45	RTX CORPORATION COM RTX	RTX	33,183,061	$6.3bn0.34%	0.34%	Reduced -66.6k	-66,604 -0.2%
46	MARVELL TECHNOLOGY INC COM MRVL	MRVL	21,126,096	$6.3bn0.33%	0.33%	Added +8.5m	+8,541,544 67.9%
47	LINDE PLC SHS LIN	LIN	11,943,013	$6.2bn0.33%	0.33%	Added +110.8k	+110,773 0.9%
48	WELLS FARGO CO NEW COM WFC	WFC	73,893,386	$6.1bn0.32%	0.32%	Added +45.4k	+45,373 0.1%
49	CITIGROUP INC COM NEW C	C	41,054,866	$5.7bn0.31%	0.31%	Reduced -1.3m	-1,257,916 -3.0%
50	ORACLE CORP COM ORCL	ORCL	39,248,959	$5.7bn0.31%	0.31%	Added +300.7k	+300,741 0.8%
51	MORGAN STANLEY COM NEW MS	MS	27,346,327	$5.7bn0.30%	0.30%	Reduced -356.3k	-356,347 -1.3%
52	AMGEN INC COM AMGN	AMGN	15,696,068	$5.7bn0.30%	0.30%	Added +265.5k	+265,544 1.7%
53	QUALCOMM INC COM QCOM	QCOM	29,645,446	$5.5bn0.29%	0.29%	Reduced -88.6k	-88,615 -0.3%
54	AMPHENOL CORP CL A APH	APH	31,068,834	$5.5bn0.29%	0.29%	Reduced -227.1k	-227,133 -0.7%
55	WESTERN DIGITAL CORP COM WDC	WDC	8,411,628	$5.4bn0.29%	0.29%	Reduced -1.1m	-1,065,573 -11.2%
56	SEAGATE TECHNOLOGY HLDNGS PL ORD SHS STX	STX	5,155,435	$5.0bn0.26%	0.26%	Added +94.6k	+94,607 1.9%
57	ANALOG DEVICES INC COM ADI	ADI	12,422,798	$4.9bn0.26%	0.26%	Added +252.0k	+252,042 2.1%
58	MCDONALDS CORP COM MCD	MCD	18,114,553	$4.9bn0.26%	0.26%	Added +152.6k	+152,638 0.8%
59	PEPSICO INC COM PEP	PEP	34,977,755	$4.7bn0.25%	0.25%	Added +365.9k	+365,936 1.1%
60	AMERICAN EXPRESS CO COM AXP	AXP	14,019,549	$4.7bn0.25%	0.25%	Reduced -146.9k	-146,925 -1.0%
61	CORNING INC COM GLW	GLW	18,363,394	$4.7bn0.25%	0.25%	Reduced -2.6m	-2,601,285 -12.4%
62	ARISTA NETWORKS INC COM SHS ANET	ANET	27,505,753	$4.7bn0.25%	0.25%	Added +276.5k	+276,473 1.0%
63	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	6,083,339	$4.6bn0.25%	0.25%	Added +86.0k	+85,991 1.4%
64	VERIZON COMMUNICATIONS INC COM VZ	VZ	106,820,018	$4.5bn0.24%	0.24%	Added +611.7k	+611,651 0.6%
65	NEXTERA ENERGY INC COM NEE	NEE	49,963,310	$4.4bn0.23%	0.23%	Added +1.6m	+1,643,226 3.4%
66	UNION PAC CORP COM UNP	UNP	16,122,702	$4.4bn0.23%	0.23%	Added +260.1k	+260,095 1.6%
67	TJX COS INC NEW COM TJX	TJX	28,894,377	$4.4bn0.23%	0.23%	Reduced -299.7k	-299,682 -1.0%
68	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	8,382,401	$4.2bn0.22%	0.22%	Reduced -25.5k	-25,490 -0.3%
69	WELLTOWER INC COM WELL	WELL	17,685,516	$4.0bn0.21%	0.21%	Reduced -82.4k	-82,373 -0.5%
70	DISNEY WALT CO COM DIS	DIS	41,318,206	$4.0bn0.21%	0.21%	Reduced -269.5k	-269,471 -0.7%
71	BOOKING HOLDINGS INC COM BKNG	BKNG	21,923,074	$3.9bn0.21%	0.21%	Reduced -355.4k	-355,401 -1.6%
72	BOEING CO COM BA	BA	17,976,472	$3.9bn0.21%	0.21%	Added +402.7k	+402,743 2.3%
73	EATON CORP PLC SHS ETN	ETN	8,956,719	$3.8bn0.20%	0.20%	Added +104.2k	+104,178 1.2%
74	GILEAD SCIENCES INC COM GILD	GILD	30,065,642	$3.8bn0.20%	0.20%	Added +339.6k	+339,590 1.1%
75	APPLOVIN CORP COM CL A APP	APP	7,362,995	$3.8bn0.20%	0.20%	Added +74.6k	+74,623 1.0%
76	PROGRESSIVE CORP COM PGR	PGR	17,009,978	$3.7bn0.20%	0.20%	Added +753.1k	+753,134 4.6%
77	AT&T INC COM T	T	177,038,673	$3.7bn0.19%	0.19%	Added +2.0m	+2,021,522 1.2%
78	DEERE & CO COM DE	DE	5,713,643	$3.6bn0.19%	0.19%	Added +27.7k	+27,680 0.5%
79	ABBOTT LABS COM ABT	ABT	39,219,337	$3.5bn0.19%	0.19%	Added +70.5k	+70,542 0.2%
80	ALTRIA GROUP INC COM MO	MO	47,721,870	$3.4bn0.18%	0.18%	Added +699.2k	+699,212 1.5%
81	SCHWAB CHARLES CORP COM SCHW	SCHW	37,293,274	$3.4bn0.18%	0.18%	Reduced -1.4m	-1,398,992 -3.6%
82	ROYAL BK CDA COM RY	RY	16,045,736	$3.4bn0.18%	0.18%	Added +1.7m	+1,690,738 11.8%
83	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	8,534,767	$3.4bn0.18%	0.18%	Added +67.9k	+67,916 0.8%
84	DELL TECHNOLOGIES INC CL C DELL	DELL	7,651,858	$3.3bn0.18%	0.18%	Reduced -71.1k	-71,104 -0.9%
85	UBER TECHNOLOGIES INC COM UBER	UBER	45,812,652	$3.3bn0.18%	0.18%	Reduced -2.1m	-2,069,856 -4.3%
86	PFIZER INC COM PFE	PFE	135,275,782	$3.2bn0.17%	0.17%	Added +1.7m	+1,714,040 1.3%
87	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	56,443,077	$3.2bn0.17%	0.17%	Added +1.2m	+1,156,903 2.1%
88	PROLOGIS INC. COM PLD	PLD	23,889,351	$3.2bn0.17%	0.17%	Added +278.3k	+278,318 1.2%
89	BLACKROCK INC COM BLK	BLK	3,284,684	$3.1bn0.17%	0.17%	Added +30.9k	+30,889 0.9%
90	LOWES COS INC COM LOW	LOW	14,291,229	$3.1bn0.17%	0.17%	Added +179.1k	+179,142 1.3%
91	CHUBB LIMITED COM CB	CB	9,145,154	$3.1bn0.17%	0.17%	Added +25.9k	+25,949 0.3%
92	SALESFORCE INC COM CRM	CRM	19,814,297	$3.1bn0.17%	0.17%	Reduced -2.4m	-2,410,860 -10.8%
93	CVS HEALTH CORP COM CVS	CVS	29,899,653	$3.1bn0.16%	0.16%	Added +440.6k	+440,611 1.5%
94	VERTIV HOLDINGS CO COM CL A VRT	VRT	9,028,475	$3.0bn0.16%	0.16%	Reduced -1.9m	-1,851,375 -17.0%
95	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	6,017,848	$3.0bn0.16%	0.16%	Reduced -121.8k	-121,773 -2.0%
96	CONOCOPHILLIPS COM COP	COP	28,693,740	$3.0bn0.16%	0.16%	Added +116.5k	+116,522 0.4%
97	STARBUCKS CORP COM SBUX	SBUX	28,569,031	$2.9bn0.16%	0.16%	Added +552.9k	+552,852 2.0%
98	CAPITAL ONE FINL CORP COM COF	COF	14,360,681	$2.9bn0.15%	0.15%	Added +66.7k	+66,700 0.5%
99	SOUTHERN CO COM SO	SO	29,315,285	$2.8bn0.15%	0.15%	Added +960.2k	+960,236 3.4%
100	PARKER-HANNIFIN CORP COM PH	PH	2,890,496	$2.8bn0.15%	0.15%	Reduced -28.5k	-28,548 -1.0%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		8,125,300	$3.7bn8.1m shares
CARNIVAL CORP		32,569,014	$847.8m32.6m shares
COTERRA ENERGY INC CTRA	CTRA	21,756,192	$761.9m21.8m shares
DUPONT DE NEMOURS INC DWDP	DWDP	3,709,315	$507.7m3.7m shares
HOLOGIC INC HOLX	HOLX	6,058,845	$456.3m6.1m shares
THOMSON REUTERS CORP		2,229,967	$203.0m2.2m shares
MASIMO CORP MASI	MASI	956,736	$170.2m956.7k shares
CLEARWATER ANALYTICS HLDGS I		6,801,369	$160.9m6.8m shares
AIR LEASE CORP AL	AL	2,182,506	$141.8m2.2m shares
AMICUS THERAPEUTICS INC FOLD	FOLD	8,535,918	$123.5m8.5m shares
TERNS PHARMACEUTICALS INC		2,316,544	$122.2m2.3m shares
ARCELLX INC ACLX	ACLX	1,028,666	$118.1m1.0m shares
SEALED AIR CORP NEW		2,596,052	$109.2m2.6m shares
TRI POINTE HOMES INC TPH	TPH	2,147,152	$100.4m2.1m shares
APELLIS PHARMACEUTICALS INC APLS	APLS	2,075,075	$83.5m2.1m shares
CSG SYS INTL INC		848,423	$67.8m848.4k shares
THERMON GROUP HLDGS INC		832,516	$42.0m832.5k shares
DAY ONE BIOPHARMACEUTICALS I		1,954,735	$41.9m2.0m shares
SOLENO THERAPEUTICS INC SLNO	SLNO	1,237,550	$41.4m1.2m shares
VERIS RESIDENTIAL INC		2,143,850	$40.5m2.1m shares
SILA REALTY TRUST INC		1,608,944	$38.1m1.6m shares
ENVIRI CORP		1,904,439	$37.4m1.9m shares
KENNEDY-WILSON HOLDINGS INC KW	KW	3,183,567	$34.5m3.2m shares
PROASSURANCE CORP PRA	PRA	1,211,429	$30.0m1.2m shares
GREAT LAKES DREDGE & DOCK CO GLDD	GLDD	1,678,166	$28.5m1.7m shares