SEC 13F Intelligence

Notable Investors / Q1 2026

Jeremy Grantham’s Portfolio — Grantham, Mayo, Van Otterloo & Co. LLC

Co-Founder & Long-Term Investment Strategist, GMO

CIK 0001352662 · 53 STATE STREET, SUITE 3300, BOSTON, MA, 02109 · 617-330-7500

About Jeremy Grantham

Jeremy Grantham co-founded GMO and made his name calling every major bubble of the modern era — Japan 1989, dot-com 2000, housing 2008 — through the firm's famous seven-year asset-class forecasts. He is also a major climate-investment philanthropist.

GMO's 13F expresses the house's valuation models: quality mega-caps, deep-value international ADRs, and resource-transition names, tilted wherever the seven-year forecasts see positive real returns.

Portfolio data below is from Grantham, Mayo, Van Otterloo & Co. LLC’s SEC 13F filings. View the full filer page →

Reported Value
$39.1B
Q1 2026
Positions
628
Filings on Record
30
2019–present window
Filed
May 14, 2026
original filing

Summary

Grantham, Mayo, Van Otterloo & Co. LLC reported $39.1B in U.S.-listed holdings across 628 positions for Q1 2026.

Its largest position, MSFT, represents 5.8% of the portfolio.

Compared with Q4 2025, the fund opened 84 new positions and exited 109.

Portfolio Metrics

Turnover
+10.6%
vs prior filed quarter
Top-10 Concentration
+39.9%
share of reported value
Largest Position
+5.8%
Microsoft
New / Exited
84 / 109
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $12.5BQ4 ’18Q1 ’19: $13.9BQ2 ’19: $14.2BQ3 ’19: $14.4BQ4 ’19: $15.0BQ4 ’19Q1 ’20: $12.0BQ2 ’20: $13.5BQ3 ’20: $14.1BQ4 ’20: $16.3BQ4 ’20Q1 ’21: $18.3BQ2 ’21: $20.0BQ3 ’21: $20.2BQ4 ’21: $20.8BQ4 ’21Q1 ’22: $20.7BQ2 ’22: $18.5BQ3 ’22: $17.3BQ4 ’22: $18.8BQ4 ’22Q1 ’23: $19.7BQ2 ’23: $21.6BQ3 ’23: $21.2BQ4 ’23: $22.7BQ4 ’23Q1 ’24: $27.5BQ2 ’24: $29.6BQ3 ’24: $31.9BQ4 ’24: $30.7BQ4 ’24Q1 ’25: $31.7BQ2 ’25: $33.2BQ3 ’25: $35.5BQ4 ’25: $39.1BQ4 ’25Q1 ’26: $39.1Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 91.9%Other: 4.0%ADR: 3.7%ETP: 0.3%REIT: 0.1%Other: 0.1%
  • Common Stock · 91.9% · $35.9B
  • Other · 4.0% · $1.6B
  • ADR · 3.7% · $1.4B
  • ETP · 0.3% · $98M
  • REIT · 0.1% · $35M
  • Other · 0.1% · $33M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SNPSSYNOPSYS INCNEW+910.1K910.1K+$361M$361M
ROPROPER TECHNOLOGIES INCNEW+111.9K111.9K+$40M$40M
WBSWEBSTER FINL CORPNEW+471.6K471.6K+$33M$33M
WTRGESSENTIAL UTILS INCNEW+748.8K748.8K+$30M$30M
ONTOONTO INNOVATION INCNEW+136.5K136.5K+$28M$28M
CTRACOTERRA ENERGY INCNEW+751.6K751.6K+$26M$26M
AESAES CORPNEW+1.76M1.76M+$25M$25M
NATLNCR ATLEOS CORPORATIONNEW+558.2K558.2K+$24M$24M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM5.85%$2.3B6.18M
2GOOGLALPHABET INChistory →CAP STK CL A5.08%$2.0B6.90M
3JNJJOHNSON & JOHNSONhistory →COM4.55%$1.8B7.28M
4AAPLAPPLE INChistory →COM4.50%$1.8B6.94M
5METAMETA PLATFORMS INChistory →CL A4.50%$1.8B3.07M
6LRCXLAM RESEARCH CORPhistory →COM NEW3.77%$1.5B6.90M
7AMZNAMAZON COM INChistory →COM3.32%$1.3B6.23M
8TMOTHERMO FISHER SCIENTIFIC INChistory →COM3.15%$1.2B2.50M
9AVGOBROADCOM INChistory →COM2.65%$1.0B3.35M
10USBUS BANCORPhistory →COM NEW2.54%$994M19.11M
11TXNTEXAS INSTRS INChistory →COM2.51%$983M5.06M
12VVISA INChistory →COM CL A2.35%$918M3.04M
13ABTABBOTT LABORATORIEShistory →COM2.34%$915M8.91M
14UNHUNITEDHEALTH GROUP INChistory →COM2.19%$855M3.16M
15MRKMERCK & CO INChistory →COM2.16%$844M7.01M
16CRMSALESFORCE INChistory →COM2.11%$826M4.43M
17ACCENTURE PLC IRELANDSHS CLASS A1.98%$774M3.90M
18CITHE CIGNA GROUPhistory →COM1.77%$693M2.60M
19LLYELI LILLY & COhistory →COM1.76%$690M749.8K
20KLACKLA CORPhistory →COM NEW1.74%$679M461.2K
21HLTHILTON WORLDWIDE HLDGS INChistory →COM1.73%$675M2.22M
22KOCOCA COLA COhistory →COM1.61%$630M8.28M
23CB1ACONSTELLATION BRANDS INChistory →CL A1.54%$604M4.03M
24TJXTJX COS INC NEWhistory →COM1.52%$593M3.71M
25ISRGINTUITIVE SURGICAL INChistory →COM NEW1.45%$567M1.23M
26ELVELEVANCE HEALTH INC FORMERLYhistory →COM1.44%$564M1.94M
27UBERUBER TECHNOLOGIES INChistory →COM1.36%$531M7.38M
28MAMASTERCARD INCORPORATEDhistory →CL A1.22%$475M950.8K
29NFLXNETFLIX INC.history →COM1.00%$389M4.05M
30DGXQUEST DIAGNOSTICS INChistory →COM0.94%$369M1.88M
31SNPSSYNOPSYS INChistory →COM0.92%$361M910.1K
32TWTRADEWEB MKTS INChistory →CL A0.80%$312M2.65M
33ASML HLDG NVN Y REGISTRY SHS0.52%$204M154.6K
34GSKGSK PLChistory →SPONSORED ADR0.50%$194M3.52M
35RIORIO TINTO PLChistory →SPONSORED ADR0.48%$187M2.00M
36TDTORONTO DOMINION BK ONThistory →COM NEW0.47%$183M1.96M
37DARDARLING INGREDIENTS INChistory →COM0.43%$167M2.71M
38ALBALBEMARLE CORPhistory →COM0.42%$163M906.7K
39VODVODAFONE GROUP PLChistory →SPONSORED ADR0.39%$152M10.09M
40TOTALENERGIES SEACT0.35%$139M1.49M
41SQMSOCIEDAD QUIMICA Y MINERA DEhistory →SPON ADR SER B0.35%$136M1.68M
42PGPROCTER & GAMBLE COhistory →COM0.33%$129M893.4K
43TSMTAIWAN SEMICONDUCTOR MANUFAChistory →SPONSORED ADS0.32%$127M374.5K
44DEUTSCHE BK AGNAMEN AKT0.30%$119M4.10M
45ARMKARAMARKhistory →COM0.30%$119M2.92M
46SEDGSOLAREDGE TECHNOLOGIES INChistory →COM0.29%$114M2.23M
47RUNSUNRUN INChistory →COM0.27%$106M7.82M
48GE AEROSPACECOM NEW0.23%$91M321.7K
49NXENEXGEN ENERGY LTDhistory →COM0.22%$87M7.55M
50BNSBANK NOVA SCOTIA B Chistory →COM0.21%$84M1.21M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$39.1B628May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$39.1B654Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$35.5B600Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$33.2B608Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$31.7B615May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$30.7B570Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$31.9B559Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$29.6B525Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$27.5B513May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$22.7B485Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$21.2B572Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$21.6B675Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$19.7B693May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$18.8B709Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$17.3B712Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$18.5B737Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$20.7B687May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$20.8B677Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$20.2B672Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$20.0B704Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$18.3B831May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$16.3B794Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$14.1B759Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$13.5B738Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$12.0B745May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$15.0B672Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$14.4B718Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$14.2B699Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$13.9B696May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$12.5B524Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.