13F filer · CIK 1214717 ↗
Geode Capital Management, LLC
You are looking at Q2 2025. See the latest, Q2 2026 →
Reported value
$1.43T
+12% on the quarter before
Positions
4,444
169 new · 200 sold out
Top 10
31.6%
of the value
Est. gain
+$130.51B
on stocks held all quarter
Est. return
+10.3%
on those stocks since Q1 2025
Positions as of Jun 30, 2025, from Geode Capital Management, LLC's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 42% of the reported value, each sized by its share, colored by what the fund did with it since Q1 2025. Striped tiles are options.
Largest buys
Since Q1 2025, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Microsoft~$1.75BAdded · 5.2% → 6.2%+3,532,054 shares
- Nvidia~$1.34BAdded · 4.8% → 6.4%+8,521,936 shares
- Capital One Financial Corp~$1.16BAdded · 0.1% → 0.2%+5,474,328 shares
- Apple~$1.01BAdded · 6.1% → 5.1%+4,942,638 shares
- Amazon~$812.8MAdded · 3.2% → 3.3%+3,721,658 shares
- Alphabet~$741.5MAdded · 1.7% → 1.7%+4,224,497 shares
- Coinbase~$612.7MAdded · 0.1% → 0.1%+1,755,146 shares
- Broadcom~$611.5MAdded · 1.4% → 2.1%+2,226,585 shares
- Meta~$501.8MAdded · 2.3% → 2.7%+682,768 shares
- American Express Co~$428.6MAdded · 0.3% → 0.3%+1,349,746 shares
Largest sells
Since Q1 2025, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Discover Financial Services~$1.09BSold out · 0.1% → 0.0%−6,395,805 shares
- Palantir~$777.1MCut · 0.4% → 0.5%−5,723,603 shares
- Coca-Cola Co/The~$496.0MCut · 0.5% → 0.4%−7,035,996 shares
- Qualcomm~$468.7MCut · 0.3% → 0.3%−2,953,700 shares
- AppLovin~$389.9MCut · 0.1% → 0.1%−1,116,188 shares
- Eli Lilly~$308.6MCut · 1.2% → 1.0%−397,622 shares
- Oracle~$274.3MCut · 0.4% → 0.6%−1,259,641 shares
- Williams Companies~$250.6MCut · 0.2% → 0.1%−3,993,183 shares
- Microstrategy Inc-Cl A~$247.4MCut · 0.1% → 0.1%−614,225 shares
- Intra-Cellular Therapies Inc~$241.7MSold out · 0.0% → 0.0%−1,831,951 shares
Holdings
As of Jun 30, 2025. Changes are in shares against Mar 31, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| NvidiaCOM · shares +1.5% · price +45.6% | 6.4% | $91.15B | +$28.13B | ||||||||
| MicrosoftCOM · shares +2.0% · price +32.4% | 6.2% | $88.71B | +$21.26B | ||||||||
| AppleCOM · shares +1.4% · price −7.7% | 5.1% | $72.51B | −$6.00B | ||||||||
| AmazonCOM · shares +1.7% · price +15.2% | 3.3% | $47.33B | +$6.13B | ||||||||
| MetaCL A · shares +1.3% · price +27.9% | 2.7% | $37.90B | +$8.16B | ||||||||
| BroadcomCOM · shares +2.1% · price +64.5% | 2.1% | $29.83B | +$11.45B | ||||||||
| AlphabetCAP STK CL A · shares +3.1% · price +13.8% | 1.7% | $24.86B | +$2.93B | ||||||||
| TeslaCOM · shares +2.0% · price +22.4% | 1.4% | $20.48B | +$3.68B | ||||||||
| Berkshire Hathaway Inc-Cl BCL B NEW · shares +1.3% · price −8.9% | 1.4% | $19.32B | −$1.86B | ||||||||
| AlphabetCAP STK CL C · shares +0.4% · price +13.4% | 1.3% | $19.02B | +$2.24B | ||||||||
| Jpmorgan Chase & CoCOM · shares +0.5% · price +18.1% | 1.2% | $17.65B | +$2.69B | ||||||||
| Visa Inc.COM CL A · shares +2.5% · price +1.2% | 1.1% | $15.25B | +$180.8M | ||||||||
| Eli LillyCOM · shares −2.1% · price −5.7% | 0.99% | $14.07B | −$856.3M | ||||||||
| NetflixCOM · shares +2.4% · price +43.4% | 0.93% | $13.23B | +$3.92B | ||||||||
| MastercardCL A · shares +2.8% · price +2.4% | 0.78% | $11.06B | +$257.0M | ||||||||
| Exxon Mobil CorpCOM · shares +0.4% · price −9.5% | 0.73% | $10.35B | −$1.08B | ||||||||
| Costco Wholesale CorpCOM · shares +1.5% · price +4.5% | 0.71% | $10.12B | +$429.0M | ||||||||
| Procter & Gamble Co/TheCOM · shares +1.8% · price −6.7% | 0.66% | $9.44B | −$660.7M | ||||||||
| Johnson & JohnsonCOM · shares +2.1% · price −8.0% | 0.65% | $9.23B | −$785.5M | ||||||||
| Walmart IncCOM · shares +0.3% · price +11.2% | 0.64% | $9.20B | +$922.1M | ||||||||
| Home Depot IncCOM · shares +1.4% · price −0.1% | 0.59% | $8.39B | −$6.4M | ||||||||
| OracleCOM · shares −3.4% · price +56.2% | 0.55% | $7.91B | +$2.84B | ||||||||
| Abbvie IncCOM · shares +2.4% · price −11.5% | 0.51% | $7.24B | −$919.7M | ||||||||
| Bank Of America CorpCOM · shares +0.3% · price +13.2% | 0.49% | $6.98B | +$812.7M | ||||||||
| CiscoCOM · shares +1.2% · price +12.3% | 0.48% | $6.86B | +$743.4M | ||||||||
| Total · 4,444 positions | 100% | $1.43T | +$130.51B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q1 2025 to Q2 2025: 4,272 stocks held throughout, up $130.51B (+10.3%).
- Nvidia+$28.13B+46%
- Microsoft+$21.26B+32%
- Broadcom+$11.45B+64%
- Meta+$8.16B+28%
- Amazon+$6.13B+15%
- Abbvie Inc−$919.7M−12%
- Exxon Mobil Corp−$1.08B−9%
- Berkshire Hathaway Inc-Cl B−$1.86B−9%
- Unitedhealth Group Inc−$4.37B−41%
- Apple−$6.00B−8%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 11 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 12, 2026 | $1.88T+17% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $1.61T−1% | SEC ↗ |
| Q4 2025 | Feb 9, 2026 | $1.62T+3% | SEC ↗ |
| Q3 2025 | Nov 12, 2025 | $1.57T+10% | SEC ↗ |
| Q2 2025 | Aug 8, 2025 | $1.43T+12% | SEC ↗ |
| Q1 2025 | May 13, 2025 | $1.27T−1% | SEC ↗ |
| Q4 2024 | Feb 12, 2025 | $1.29T+5% | SEC ↗ |
| Q3 2024 | Nov 12, 2024 | $1.23T+8% | SEC ↗ |
| Q2 2024 | Aug 9, 2024 | $1.14T+5% | SEC ↗ |
| Q1 2024 | May 13, 2024 | $1.08T+13% | SEC ↗ |
| Q4 2023 | Feb 13, 2024 | $955.85B+14% | SEC ↗ |
| Q3 2023 | Nov 13, 2023 | $839.58B−1% | SEC ↗ |
| Q2 2023 | Aug 11, 2023 | $850.99B+11% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $770.08B+8% | SEC ↗ |
| Q4 2022 | Feb 13, 2023 | $712.57B+8% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $659.25B−3% | SEC ↗ |
| Q2 2022 | Aug 12, 2022 | $682.64B−15% | SEC ↗ |
| Q1 2022 | May 13, 2022 | $801.12B−4% | SEC ↗ |
| Q4 2021 | Feb 11, 2022 | $830.26B+12% | SEC ↗ |
| Q3 2021 | Nov 12, 2021 | $742.82B+2% | SEC ↗ |
| Q2 2021 | Aug 13, 2021 | $725.80B+11% | SEC ↗ |
| Q1 2021 | May 12, 2021 | $653.80B+10% | SEC ↗ |
| Q4 2020 | Feb 12, 2021 | $595.80B+17% | SEC ↗ |
| Q3 2020 | Nov 13, 2020 | $510.36B+9% | SEC ↗ |
| Q2 2020 | Aug 13, 2020 | $467.44B+22% | SEC ↗ |
| Q1 2020 | May 14, 2020 | $383.70B−60% | SEC ↗ |
| Q4 2019 | Feb 13, 2020 (amended) | $956.78B+123% | SEC ↗ |
| Q3 2019 | Nov 12, 2019 | $428.50B+4% | SEC ↗ |
| Q2 2019 | Aug 14, 2019 | $413.26B+7% | SEC ↗ |
| Q1 2019 | May 14, 2019 | $385.96B−40% | SEC ↗ |
| Q4 2018 | Feb 13, 2019 (amended) | $646.86B+82% | SEC ↗ |
| Q3 2018 | Nov 13, 2018 | $354.88B+9% | SEC ↗ |
| Q2 2018 | Aug 14, 2018 | $325.29B+6% | SEC ↗ |
| Q1 2018 | May 15, 2018 | $306.93B+4% | SEC ↗ |
| Q4 2017 | Feb 13, 2018 | $294.47B+9% | SEC ↗ |
| Q3 2017 | Nov 14, 2017 | $270.92B+7% | SEC ↗ |
| Q2 2017 | Aug 14, 2017 | $254.31B+4% | SEC ↗ |
| Q1 2017 | Jun 21, 2017 (amended) | $243.78B+13% | SEC ↗ |
| Q4 2016 | Feb 14, 2017 | $215.04B+8% | SEC ↗ |
| Q3 2016 | Nov 10, 2016 | $198.58B+8% | SEC ↗ |
| Q2 2016 | Aug 12, 2016 | $183.87B−2% | SEC ↗ |
| Q1 2016 | May 13, 2016 | $188.44B | SEC ↗ |