Grantham, Mayo, Van Otterloo & Co. LLC · Q2 2026 13F · SEC CIK 1352662

Jeremy Grantham portfolio

Hedge fundGMO 13F holdings. Filed 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $44.4B
Reported positions: 661
Top holdings a year, 3 yrs: +17.8%
Assets under management: $81.0B

Jeremy Grantham is the co-founder of GMO, which reported 661 positions worth $44.4B in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Microsoft Corp (MSFT, 5.7%), Lam Research Corp (LRCX, 5.3%), Alphabet Inc (GOOGL, 4.9%). A portfolio copying its top holdings returned 17.8% a year over the last 3 years, against 20.4% for the S&P 500.

Jeremy Grantham holdings largest 50 of 661 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Jeremy Grantham 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
MSFTMicrosoft Corp	5.7%	5.8%	6,816,326	+10.4%	$2.5B
LRCXLam Research Corp	5.3%	3.8%	5,464,726	-20.8%	$2.4B
GOOGLAlphabet Inc	4.9%	5.1%	6,132,636	-11.1%	$2.2B
AAPLApple Inc	4.5%	4.5%	6,848,782	-1.3%	$2.0B
METAMeta Platforms Inc	4.4%	4.5%	3,446,717	+12.2%	$1.9B
JNJJohnson & Johnson	4.1%	4.6%	7,110,133	-2.3%	$1.8B
AMZNAmazon Com Inc	3.3%	3.3%	6,136,926	-1.5%	$1.5B
TXNTexas Instrs Inc	3.1%	2.5%	4,674,406	-7.6%	$1.4B
TMOThermo Fisher Scientific Inc	3.1%	3.1%	2,739,191	+9.5%	$1.4B
AVGOBroadcom Inc	2.8%	2.7%	3,267,040	-2.4%	$1.2B
KLACKla Corp	2.6%	1.7%	3,893,893	+744.3%	$1.2B
UNHUnitedhealth Group Inc	2.6%	2.2%	2,825,022	-10.6%	$1.2B
VVisa Inc	2.6%	2.3%	3,318,194	+9.3%	$1.1B
NVDANvidia Corporation	2.1%	—	4,671,972	—	$934.8M
MAMastercard Incorporated	2.1%	1.2%	1,818,743	+91.3%	$934.1M
USBUS Bancorp	2.0%	2.5%	14,885,214	-22.1%	$899.1M
LLYEli Lilly & Co	2.0%	1.8%	743,966	-0.8%	$892.3M
MRKMerck & Co Inc	2.0%	2.2%	6,785,008	-3.3%	$871.9M
ABTAbbott Laboratories	1.8%	2.3%	8,794,077	-1.3%	$798.0M
NFLXNetflix Inc.	1.7%	1.0%	10,350,004	+155.6%	$739.0M
CIThe Cigna Group	1.6%	1.8%	2,577,075	-0.8%	$710.4M
CRMSalesforce Inc	1.6%	2.1%	4,427,933	+0.1%	$693.7M
KOCoca Cola Co	1.5%	1.6%	8,219,620	-0.7%	$668.0M
ELVElevance Health Inc Formerly	1.5%	1.4%	1,691,671	-12.7%	$654.2M
TJXTjx Cos Inc New	1.3%	1.5%	3,679,188	-0.9%	$557.4M
STZConstellation Brands Inc	1.3%	1.5%	3,998,425	-0.7%	$556.1M
UBERUber Technologies Inc	1.2%	1.4%	7,389,658	+0.2%	$533.2M
ACNAccenture PLC Ireland	1.1%	2.0%	3,984,233	+2.1%	$495.8M
ISRGIntuitive Surgical Inc	1.1%	1.5%	1,227,993	-0.2%	$488.3M
HLTHilton Worldwide Hldgs Inc	1.0%	1.7%	1,381,224	-37.8%	$456.4M
SNPSSynopsys Inc	1.0%	0.9%	961,706	+5.7%	$429.0M
DGXQuest Diagnostics Inc	0.9%	0.9%	1,888,207	+0.3%	$400.2M
ASMLAsml Hldg NV	0.7%	0.5%	151,987	-1.7%	$302.4M
TWTradeweb Mkts Inc	0.6%	0.8%	2,663,518	+0.5%	$265.4M
TDToronto Dominion Bk Ont	0.5%	0.5%	1,731,101	-11.7%	$210.4M
GSKGsk PLC	0.4%	0.5%	3,599,521	+2.2%	$188.7M
DBDeutsche Bk AG	0.4%	0.3%	5,288,878	+29.0%	$179.1M
RIORio Tinto PLC	0.4%	0.5%	1,839,135	-8.3%	$174.6M
ARMKAramark	0.4%	0.3%	2,893,600	-1.0%	$164.6M
TSMTaiwan Semiconductor Manufac	0.4%	0.3%	329,546	-12.0%	$157.4M
PMPhilip Morris Intl Inc	0.3%	—	775,917	—	$140.4M
PGProcter & Gamble Co	0.3%	0.3%	936,608	+4.8%	$137.3M
VODVodafone Group PLC	0.3%	0.4%	10,061,670	-0.3%	$133.1M
DARDarling Ingredients Inc	0.3%	0.4%	2,300,482	-15.0%	$125.7M
ALBAlbemarle Corp	0.3%	0.4%	897,013	-1.1%	$121.1M
TTETotalenergies SE	0.3%	0.4%	1,555,564	+4.3%	$121.0M
BNSBank Nova Scotia B C	0.3%	0.2%	1,381,602	+13.9%	$120.0M
SQMSociedad Quimica Y Minera de	0.3%	0.3%	1,612,070	-4.0%	$119.4M
RUNSunrun Inc	0.2%	0.3%	8,004,682	+2.4%	$107.1M
GEGe Aerospace	0.2%	0.2%	279,787	-13.0%	$104.6M

What Jeremy Grantham bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +22.4% /yr; S&P 500 +20.1%
3 years: +17.8% /yr; S&P 500 +20.4%
5 years: +12.7% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$44.4B	661
Q1 2026	$39.1B	628
Q4 2025	$39.1B	653
Q3 2025	$35.4B	597
Q2 2025	$33.1B	604
Q1 2025	$31.7B	615
Q4 2024	$30.7B	570
Q3 2024	$31.9B	559
Q2 2024	$29.6B	525
Q1 2024	$27.5B	513
Q4 2023	$22.7B	485
Q3 2023	$21.2B	572

Questions about Jeremy Grantham's portfolio

Who is Jeremy Grantham?

Jeremy Grantham is the co-founder of GMO, a hedge fund that files its US stock holdings with the SEC on Form 13F under the name Grantham, Mayo, Van Otterloo & Co. LLC.

What stocks does Jeremy Grantham own?

Grantham, Mayo, Van Otterloo & Co. LLC's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 661 positions worth $44.4B. The largest are Microsoft Corp (MSFT) at 5.7%, Lam Research Corp (LRCX) at 5.3%, Alphabet Inc (GOOGL) at 4.9%, Apple Inc (AAPL) at 4.5% and Meta Platforms Inc (META) at 4.4%.

What did Jeremy Grantham buy last quarter?

In Q2 2026, Grantham, Mayo, Van Otterloo & Co. LLC added Kla Corp (KLAC) (+744.3% shares), Netflix Inc. (NFLX) (+155.6% shares) and Mastercard Incorporated (MA) (+91.3% shares), compared with its Q1 2026 filing.

What did Jeremy Grantham sell last quarter?

In Q2 2026, Grantham, Mayo, Van Otterloo & Co. LLC cut from its top 50 Solaredge Technologies Inc (SEDG), cut from its top 50 Nexgen Energy Limited (canada) (NXE), Hilton Worldwide Hldgs Inc (HLT) (-37.8% shares), US Bancorp (USB) (-22.1% shares) and Lam Research Corp (LRCX) (-20.8% shares), compared with its Q1 2026 filing.

How has Jeremy Grantham's portfolio performed?

A portfolio copying Grantham, Mayo, Van Otterloo & Co. LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +17.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +22.4% against +20.1%. Over 5 years: +12.7% a year against +11.6%.

When is Grantham, Mayo, Van Otterloo & Co. LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Grantham, Mayo, Van Otterloo & Co. LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Grantham, Mayo, Van Otterloo & Co. LLC manage?

Grantham, Mayo, Van Otterloo & Co. LLC reported $81.0B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $44.4B.