13F filer · CIK 1214717 ↗
Geode Capital Management, LLC
You are looking at Q4 2025. See the latest, Q2 2026 →
Reported value
$1.62T
+3.4% on the quarter before
Positions
4,469
154 new · 158 sold out
Top 10
33.9%
of the value
Est. gain
+$32.02B
on stocks held all quarter
Est. return
+2.1%
on those stocks since Q3 2025
Positions as of Dec 31, 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, 44% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2025. Striped tiles are options.
Largest buys
Since Q3 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.
- Abbvie Inc~$955.8MAdded · 0.6% → 0.6%+4,190,487 shares
- Microsoft~$921.5MAdded · 6.0% → 5.4%+1,911,142 shares
- Alphabet~$832.2MAdded · 2.2% → 2.8%+2,666,676 shares
- Crh Plc~$735.0MAdded · 0.1% → 0.1%+5,916,930 shares
- Walmart Inc~$723.0MAdded · 0.6% → 0.7%+6,517,394 shares
- Nvidia~$628.9MAdded · 6.9% → 6.8%+3,383,441 shares
- Carvana Co~$581.8MAdded · 0.1% → 0.1%+1,382,852 shares
- Meta~$577.8MAdded · 2.4% → 2.1%+878,396 shares
- Amazon~$570.0MAdded · 3.1% → 3.2%+2,479,324 shares
- Qualcomm~$549.9MAdded · 0.3% → 0.3%+3,221,924 shares
Largest sells
Since Q3 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.
- Kellanova~$604.1MSold out · 0.0% → 0.0%−7,394,390 shares
- Applied Materials~$596.8MCut · 0.3% → 0.3%−2,329,106 shares
- Interpublic Group Of Cos Inc~$276.9MSold out · 0.0% → 0.0%−9,936,057 shares
- Blackstone Inc~$251.5MCut · 0.2% → 0.2%−1,637,699 shares
- Marsh & Mclennan Cos~$245.0MCut · 0.2% → 0.1%−1,323,883 shares
- Mr Cooper Group Inc~$240.1MSold out · 0.0% → 0.0%−1,139,026 shares
- Motorola Solutions Inc~$167.3MCut · 0.1% → 0.1%−437,419 shares
- Light & Wonder Inc~$139.7MSold out · 0.0% → 0.0%−1,663,987 shares
- Autozone Inc~$134.0MCut · 0.1% → 0.1%−39,465 shares
- Wells Fargo & Co~$113.2MCut · 0.4% → 0.4%−1,219,755 shares
Holdings
As of Dec 31, 2025. Changes are in shares against Sep 30, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| NvidiaCOM · shares +0.6% · price −0.0% | 6.8% | $109.45B | −$10.5M | ||||||||
| AppleCOM · shares +0.5% · price +6.8% | 6.0% | $97.03B | +$6.15B | ||||||||
| MicrosoftCOM · shares +1.1% · price −6.6% | 5.4% | $88.06B | −$6.15B | ||||||||
| AmazonCOM · shares +1.1% · price +5.2% | 3.2% | $51.75B | +$2.51B | ||||||||
| AlphabetCAP STK CL A · shares +1.9% · price +28.8% | 2.8% | $45.63B | +$10.02B | ||||||||
| BroadcomCOM · shares +1.4% · price +4.9% | 2.4% | $38.40B | +$1.78B | ||||||||
| MetaCL A · shares +1.7% · price −10.1% | 2.1% | $34.73B | −$3.83B | ||||||||
| AlphabetCAP STK CL C · shares −0.1% · price +28.9% | 2.1% | $33.77B | +$7.57B | ||||||||
| TeslaCOM · shares +0.6% · price +1.2% | 1.8% | $29.43B | +$334.6M | ||||||||
| Eli LillyCOM · shares −0.04% · price +40.9% | 1.3% | $21.22B | +$6.16B | ||||||||
| Berkshire Hathaway Inc-Cl BCL B NEW · shares +0.2% · price −0.0% | 1.2% | $20.06B | −$1.4M | ||||||||
| Jpmorgan Chase & CoCOM · shares −0.02% · price +2.2% | 1.2% | $19.67B | +$417.2M | ||||||||
| Visa Inc.COM CL A · shares +0.9% · price +2.8% | 0.95% | $15.41B | +$409.5M | ||||||||
| Johnson & JohnsonCOM · shares +3.1% · price +11.7% | 0.74% | $11.97B | +$1.22B | ||||||||
| MastercardCL A · shares +1.7% · price +0.4% | 0.73% | $11.77B | +$43.3M | ||||||||
| Exxon Mobil CorpCOM · shares −0.2% · price +6.8% | 0.71% | $11.49B | +$727.6M | ||||||||
| Walmart IncCOM · shares +6.8% · price +8.1% | 0.71% | $11.43B | +$798.5M | ||||||||
| Abbvie IncCOM · shares +10% · price −1.2% | 0.63% | $10.18B | −$110.3M | ||||||||
| PalantirCL A · shares +1.5% · price −2.5% | 0.59% | $9.60B | −$245.3M | ||||||||
| NetflixCOM · shares −0.8% · price −21.8% | 0.57% | $9.31B | −$2.59B | ||||||||
| Procter & Gamble Co/TheCOM · shares +3.3% · price −6.7% | 0.55% | $8.96B | −$621.4M | ||||||||
| Costco Wholesale CorpCOM · shares +0.3% · price −6.9% | 0.55% | $8.92B | −$659.1M | ||||||||
| Bank Of America CorpCOM · shares −0.2% · price +6.7% | 0.52% | $8.47B | +$528.4M | ||||||||
| Home Depot IncCOM · shares +1.5% · price −15.1% | 0.50% | $8.15B | −$1.42B | ||||||||
| AMDCOM · shares +0.8% · price +32.4% | 0.49% | $8.02B | +$1.95B | ||||||||
| Total · 4,469 positions | 100% | $1.62T | +$32.02B |
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 Q3 2025 to Q4 2025: 4,312 stocks held throughout, up $32.02B (+2.1%).
- Alphabet+$10.02B+29%
- Alphabet+$7.57B+29%
- Eli Lilly+$6.16B+41%
- Apple+$6.15B+7%
- Micron+$3.06B+71%
- Home Depot Inc−$1.42B−15%
- Netflix10:1 split−$2.59B−22%
- Oracle−$3.18B−31%
- Meta−$3.83B−10%
- Microsoft−$6.15B−7%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 22 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 ↗ |