GEODE CAPITAL MANAGEMENT, LLC

BOSTON, MA · CIK 1214717 · 13F filing filed 2024-08-09

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)

$1.1tn reported value +5.4% vs Q1 2024

4,584positions

30.9%in top 10

170 new 3,543 added 589 reduced 195 sold out vs Q1 2024

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:

Proficio Capital Partners LLC

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

Holdings, Q2 2024

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	MICROSOFT CORP COM MSFT	MSFT	161,760,164	$72.1bn6.33%	6.33%	Added +4.2m	+4,171,486 2.6%
2	NVIDIA CORPORATION COM NVDA	NVDA	534,553,523	$65.9bn5.78%	5.78%	Added +9.6m	+9,610,533 1.8%
3	APPLE INC COM AAPL	AAPL	313,373,713	$65.8bn5.78%	5.78%	Added +5.7m	+5,652,861 1.8%
4	AMAZON COM INC COM AMZN	AMZN	193,369,102	$37.3bn3.27%	3.27%	Added +5.5m	+5,526,340 2.9%
5	ALPHABET INC CAP STK CL A GOOGL	GOOGL	131,404,248	$23.9bn2.09%	2.09%	Added +2.3m	+2,271,228 1.8%
6	META PLATFORMS INC CL A META	META	47,461,724	$23.9bn2.09%	2.09%	Added +1.0m	+1,048,932 2.3%
7	ALPHABET INC CAP STK CL C GOOG	GOOG	103,298,273	$18.9bn1.66%	1.66%	Added +1.3m	+1,289,565 1.3%
8	ELI LILLY & CO COM LLY	LLY	17,005,148	$15.4bn1.35%	1.35%	Added +430.0k	+429,952 2.6%
9	BROADCOM INC COM AVGO	AVGO	9,212,885	$14.8bn1.29%	1.29%	Reduced -311.7k	-311,724 -3.3%
10	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	35,827,872	$14.5bn1.28%	1.28%	Added +502.0k	+502,048 1.4%
11	JPMORGAN CHASE & CO COM JPM	JPM	57,838,356	$11.7bn1.02%	1.02%	Added +928.6k	+928,574 1.6%
12	TESLA INC COM TSLA	TSLA	58,333,812	$11.5bn1.01%	1.01%	Added +1.4m	+1,425,301 2.5%
13	EXXON MOBIL CORP COM XOM	XOM	90,572,917	$10.4bn0.91%	0.91%	Added +11.7m	+11,716,296 14.9%
14	UNITEDHEALTH GROUP INC COM UNH	UNH	19,318,665	$9.8bn0.86%	0.86%	Added +374.0k	+374,005 2.0%
15	VISA INC COM CL A V	V	35,882,701	$9.4bn0.82%	0.82%	Added +1.0m	+1,007,549 2.9%
16	PROCTER AND GAMBLE CO COM PG	PG	51,585,310	$8.5bn0.75%	0.75%	Added +2.6m	+2,584,371 5.3%
17	JOHNSON & JOHNSON COM JNJ	JNJ	55,102,121	$8.0bn0.71%	0.71%	Added +1.8m	+1,779,157 3.3%
18	COSTCO WHSL CORP NEW COM COST	COST	9,324,866	$7.9bn0.69%	0.69%	Added +234.7k	+234,715 2.6%
19	MASTERCARD INCORPORATED CL A MA	MA	17,921,280	$7.9bn0.69%	0.69%	Added +451.9k	+451,895 2.6%
20	HOME DEPOT INC COM HD	HD	21,267,301	$7.3bn0.64%	0.64%	Added +574.4k	+574,444 2.8%
21	MERCK & CO INC COM MRK	MRK	57,020,708	$7.0bn0.62%	0.62%	Added +609.5k	+609,479 1.1%
22	ABBVIE INC COM ABBV	ABBV	36,681,750	$6.3bn0.55%	0.55%	Reduced -812.9k	-812,903 -2.2%
23	NETFLIX INC COM NFLX	NFLX	9,025,327	$6.1bn0.53%	0.53%	Added +236.9k	+236,949 2.7%
24	ADOBE INC COM ADBE	ADBE	10,381,108	$5.8bn0.50%	0.50%	Added +195.0k	+194,963 1.9%
25	WALMART INC COM WMT	WMT	84,831,348	$5.7bn0.50%	0.50%	Added +1.5m	+1,504,749 1.8%
26	COCA COLA CO COM KO	KO	89,990,064	$5.7bn0.50%	0.50%	Added +2.6m	+2,561,258 2.9%
27	CHEVRON CORP NEW COM CVX	CVX	35,962,356	$5.6bn0.49%	0.49%	Added +602.3k	+602,291 1.7%
28	BANK AMERICA CORP COM BAC	BAC	138,555,829	$5.5bn0.48%	0.48%	Added +1.5m	+1,529,903 1.1%
29	ADVANCED MICRO DEVICES INC COM AMD	AMD	33,801,919	$5.5bn0.48%	0.48%	Added +1.0m	+1,022,173 3.1%
30	SALESFORCE INC COM CRM	CRM	19,522,817	$5.0bn0.44%	0.44%	Added +510.3k	+510,301 2.7%
31	QUALCOMM INC COM QCOM	QCOM	25,138,743	$5.0bn0.44%	0.44%	Added +1.5m	+1,507,905 6.4%
32	PEPSICO INC COM PEP	PEP	29,953,710	$4.9bn0.43%	0.43%	Added +765.0k	+764,995 2.6%
33	ORACLE CORP COM ORCL	ORCL	34,309,642	$4.8bn0.42%	0.42%	Added +1.0m	+1,047,465 3.1%
34	LINDE PLC SHS LIN	LIN	10,818,383	$4.7bn0.42%	0.42%	Added +169.6k	+169,603 1.6%
35	APPLIED MATLS INC COM AMAT	AMAT	19,454,507	$4.6bn0.40%	0.40%	Added +796.5k	+796,541 4.3%
36	CISCO SYS INC COM CSCO	CSCO	94,368,452	$4.5bn0.39%	0.39%	Added +2.5m	+2,481,985 2.7%
37	WELLS FARGO CO NEW COM WFC	WFC	71,496,873	$4.2bn0.37%	0.37%	Reduced -252.2k	-252,161 -0.3%
38	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	7,532,379	$4.2bn0.36%	0.36%	Added +37.2k	+37,188 0.5%
39	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	13,612,581	$4.1bn0.36%	0.36%	Added +458.3k	+458,303 3.5%
40	TEXAS INSTRS INC COM TXN	TXN	20,798,898	$4.0bn0.35%	0.35%	Added +520.8k	+520,762 2.6%
41	MCDONALDS CORP COM MCD	MCD	15,696,615	$4.0bn0.35%	0.35%	Added +290.2k	+290,163 1.9%
42	INTUIT COM INTU	INTU	5,898,250	$3.9bn0.34%	0.34%	Added +142.0k	+142,034 2.5%
43	VERIZON COMMUNICATIONS INC COM VZ	VZ	93,743,004	$3.9bn0.34%	0.34%	Added +2.9m	+2,853,118 3.1%
44	AMGEN INC COM AMGN	AMGN	12,019,038	$3.7bn0.33%	0.33%	Added +375.7k	+375,730 3.2%
45	DISNEY WALT CO COM DIS	DIS	36,279,238	$3.6bn0.32%	0.32%	Added +500.8k	+500,788 1.4%
46	ABBOTT LABS COM ABT	ABT	34,414,434	$3.6bn0.31%	0.31%	Added +680.7k	+680,719 2.0%
47	GE AEROSPACE COM NEW GE	GE	22,431,689	$3.6bn0.31%	0.31%	Added +942.6k	+942,639 4.4%
48	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	20,525,419	$3.5bn0.31%	0.31%	Added +714.5k	+714,467 3.6%
49	CATERPILLAR INC COM CAT	CAT	10,146,307	$3.4bn0.30%	0.30%	Reduced -73.4k	-73,405 -0.7%
50	COMCAST CORP NEW CL A CMCSA	CMCSA	85,791,380	$3.4bn0.29%	0.29%	Added +2.1m	+2,107,758 2.5%
51	DANAHER CORPORATION COM DHR	DHR	13,184,686	$3.3bn0.29%	0.29%	Added +271.7k	+271,668 2.1%
52	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	7,369,485	$3.3bn0.29%	0.29%	Added +218.5k	+218,451 3.0%
53	LAM RESEARCH CORP COM COM		3,056,458	$3.2bn0.29%	0.29%	Added +69.8k	+69,754 2.3%
54	SERVICENOW INC COM NOW	NOW	4,133,523	$3.2bn0.28%	0.28%	Added +98.0k	+97,972 2.4%
55	PFIZER INC COM PFE	PFE	115,810,826	$3.2bn0.28%	0.28%	Added +2.2m	+2,229,188 2.0%
56	PHILIP MORRIS INTL INC COM PM	PM	31,480,290	$3.2bn0.28%	0.28%	Added +674.0k	+674,003 2.2%
57	BOOKING HOLDINGS INC COM BKNG	BKNG	785,905	$3.1bn0.27%	0.27%	Added +554	+554 0.1%
58	UBER TECHNOLOGIES INC COM UBER	UBER	41,606,707	$3.0bn0.26%	0.26%	Added +1.6m	+1,613,204 4.0%
59	AT&T INC COM T	T	157,489,685	$3.0bn0.26%	0.26%	Added +4.9m	+4,914,042 3.2%
60	MICRON TECHNOLOGY INC COM MU	MU	22,830,938	$3.0bn0.26%	0.26%	Added +521.6k	+521,560 2.3%
61	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	6,325,308	$3.0bn0.26%	0.26%	Added +512.3k	+512,272 8.8%
62	HONEYWELL INTL INC COM COM		13,812,732	$2.9bn0.26%	0.26%	Added +133.1k	+133,115 1.0%
63	NEXTERA ENERGY INC COM NEE	NEE	41,598,044	$2.9bn0.26%	0.26%	Added +918.3k	+918,283 2.3%
64	GOLDMAN SACHS GROUP INC COM GS	GS	6,447,820	$2.9bn0.26%	0.26%	Added +73.7k	+73,653 1.2%
65	UNION PAC CORP COM UNP	UNP	12,631,066	$2.9bn0.25%	0.25%	Added +408.3k	+408,298 3.3%
66	S&P GLOBAL INC COM SPGI	SPGI	6,360,628	$2.8bn0.25%	0.25%	Added +83.3k	+83,327 1.3%
67	INTEL CORP COM INTC	INTC	88,406,545	$2.7bn0.24%	0.24%	Added +2.1m	+2,097,686 2.4%
68	CONOCOPHILLIPS COM COP	COP	23,809,639	$2.7bn0.24%	0.24%	Added +138.3k	+138,261 0.6%
69	RTX CORPORATION COM RTX	RTX	26,755,436	$2.7bn0.24%	0.24%	Reduced -74.3k	-74,278 -0.3%
70	PROGRESSIVE CORP COM PGR	PGR	12,743,579	$2.6bn0.23%	0.23%	Added +404.0k	+403,971 3.3%
71	AMERICAN EXPRESS CO COM AXP	AXP	11,397,412	$2.6bn0.23%	0.23%	Added +167.9k	+167,919 1.5%
72	TJX COS INC NEW COM TJX	TJX	23,493,877	$2.6bn0.23%	0.23%	Added +576.4k	+576,433 2.5%
73	KLA CORP COM NEW KLAC	KLAC	3,127,951	$2.6bn0.23%	0.23%	Added +66.9k	+66,925 2.2%
74	ELEVANCE HEALTH INC COM ELV	ELV	4,762,250	$2.6bn0.23%	0.23%	Added +67.4k	+67,365 1.4%
75	LOWES COS INC COM LOW	LOW	11,545,988	$2.5bn0.22%	0.22%	Added +138.4k	+138,376 1.2%
76	REGENERON PHARMACEUTICALS COM REGN	REGN	2,415,350	$2.5bn0.22%	0.22%	Added +38.8k	+38,759 1.6%
77	PALO ALTO NETWORKS INC COM PANW	PANW	7,436,068	$2.5bn0.22%	0.22%	Added +422.2k	+422,243 6.0%
78	EATON CORP PLC SHS ETN	ETN	8,012,825	$2.5bn0.22%	0.22%	Added +162.6k	+162,588 2.1%
79	CITIGROUP INC COM NEW C	C	39,128,040	$2.5bn0.22%	0.22%	Added +1.1m	+1,059,913 2.8%
80	MARSH & MCLENNAN COS INC COM MRSH	MRSH	11,654,070	$2.5bn0.22%	0.22%	Added +1.0m	+1,044,600 9.8%
81	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	10,231,562	$2.4bn0.21%	0.21%	Added +259.1k	+259,116 2.6%
82	MORGAN STANLEY COM NEW MS	MS	24,971,096	$2.4bn0.21%	0.21%	Added +428.6k	+428,558 1.8%
83	ANALOG DEVICES INC COM ADI	ADI	10,228,608	$2.3bn0.20%	0.20%	Added +174.0k	+173,979 1.7%
84	PROLOGIS INC. COM PLD	PLD	20,567,508	$2.3bn0.20%	0.20%	Added +419.7k	+419,677 2.1%
85	STRYKER CORPORATION COM SYK	SYK	6,739,636	$2.3bn0.20%	0.20%	Added +158.6k	+158,624 2.4%
86	CHUBB LIMITED COM CB	CB	8,911,581	$2.3bn0.20%	0.20%	Added +387.4k	+387,379 4.5%
87	BOSTON SCIENTIFIC CORP COM BSX	BSX	29,104,112	$2.2bn0.20%	0.20%	Added +651.4k	+651,449 2.3%
88	LOCKHEED MARTIN CORP COM LMT	LMT	4,743,648	$2.2bn0.19%	0.19%	Added +79.5k	+79,479 1.7%
89	BLACKROCK INC COM BLK	BLK	2,786,395	$2.2bn0.19%	0.19%	Added +45.7k	+45,725 1.7%
90	SCHWAB CHARLES CORP COM SCHW	SCHW	29,696,137	$2.2bn0.19%	0.19%	Added +652.6k	+652,614 2.2%
91	AMERICAN TOWER CORP NEW COM AMT	AMT	11,009,187	$2.1bn0.19%	0.19%	Added +319.2k	+319,175 3.0%
92	T-MOBILE US INC COM TMUS	TMUS	12,011,215	$2.1bn0.19%	0.19%	Added +179.4k	+179,432 1.5%
93	MEDTRONIC PLC SHS MDT	MDT	26,856,989	$2.1bn0.18%	0.18%	Added +210.1k	+210,063 0.8%
94	BOEING CO COM BA	BA	11,399,379	$2.1bn0.18%	0.18%	Added +295.3k	+295,259 2.7%
95	UNITED PARCEL SERVICE INC CL B UPS	UPS	14,916,422	$2.0bn0.18%	0.18%	Added +294.1k	+294,140 2.0%
96	ARISTA NETWORKS INC COM COM		5,635,330	$2.0bn0.17%	0.17%	Added +395.1k	+395,102 7.5%
97	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	6,294,576	$1.9bn0.17%	0.17%	Added +148.4k	+148,437 2.4%
98	DEERE & CO COM DE	DE	5,176,909	$1.9bn0.17%	0.17%	Added +84.7k	+84,738 1.7%
99	THE CIGNA GROUP COM CI	CI	5,833,035	$1.9bn0.17%	0.17%	Reduced -8.2k	-8,196 -0.1%
100	SYNOPSYS INC COM SNPS	SNPS	3,220,068	$1.9bn0.17%	0.17%	Added +74.6k	+74,603 2.4%

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
PIONEER NAT RES CO PXD	PXD	4,750,214	$1.2bn4.8m shares
LABORATORY CORP AMER HLDGS		1,927,196	$419.9m1.9m shares
SHOCKWAVE MED INC SWAV	SWAV	626,674	$204.1m626.7k shares
AMERICAN EQTY INVT LIFE HLD AEL	AEL	1,672,373	$94.0m1.7m shares
APARTMENT INCOME REIT CORP AIRC	AIRC	2,649,228	$86.0m2.6m shares
M D C HLDGS INC		1,311,695	$82.5m1.3m shares
MASONITE INTL CORP DOOR	DOOR	472,334	$62.1m472.3k shares
NEW YORK CMNTY BANCORP INC		14,247,464	$45.9m14.2m shares
ALPINE IMMUNE SCIENCES INC NVLS	NVLS	910,599	$36.1m910.6k shares
KAMAN CORP KAMN	KAMN	614,485	$28.2m614.5k shares
INHIBRX INC INBX	INBX	704,825	$24.6m704.8k shares
MODEL N INC MODN	MODN	799,036	$22.8m799.0k shares
SP PLUS CORP SP	SP	429,835	$22.4m429.8k shares
CHIMERA INVT CORP		4,830,110	$22.3m4.8m shares
NIKOLA CORP		21,057,593	$21.9m21.1m shares
DECIPHERA PHARMACEUTICALS IN DCPH	DCPH	1,254,317	$19.7m1.3m shares
LAKELAND BANCORP INC LBAI	LBAI	1,430,022	$17.3m1.4m shares
KINIKSA PHARMACEUTICALS LTD		725,511	$14.3m725.5k shares
VIRGIN GALACTIC HOLDINGS INC		386,958	$11.5m387.0k shares
EAGLE BULK SHIPPING INC EGLE	EGLE	175,505	$11.0m175.5k shares
AMERICAN NATL BANKSHARES INC AMNB	AMNB	227,575	$10.9m227.6k shares
DASEKE INC DSKE	DSKE	975,714	$8.1m975.7k shares
CAPSTAR FINL HLDGS INC CSTR	CSTR	397,929	$8.0m397.9k shares
CALLON PETE CO DEL CPE	CPE	211,537	$7.4m211.5k shares
AGILITI INC		699,195	$7.1m699.2k shares