Grantham, Mayo, Van Otterloo (GMO) 13F, Q3 2023
Jeremy Grantham · quarter ending 30 September 2023 · filed 13 November 2023 · SEC CIK 1352662
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 572 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $918.87M | 4.3% | -4% shares |
| UNITEDHEALTH GROUP INC | UNH | $773.79M | 3.6% | +13% shares |
| ALPHABET INC | GOOGL | $589.27M | 2.8% | unchanged |
| JOHNSON & JOHNSON | JNJ | $583.26M | 2.8% | +11% shares |
| META PLATFORMS INC | META | $567.65M | 2.7% | -23% shares |
| APPLE INC | AAPL | $528.26M | 2.5% | unchanged |
| AMAZON COM INC | AMZN | $518.85M | 2.5% | -8% shares |
| ACCENTURE PLC IRELAND | $474.73M | 2.2% | unchanged | |
| ORACLE CORP | ORCL | $470.31M | 2.2% | unchanged |
| LAM RESEARCH CORP | $464.04M | 2.2% | -5% shares | |
| MERCK & CO INC | MRK | $414.78M | 2.0% | +11% shares |
| TEXAS INSTRS INC | TXN | $404.39M | 1.9% | +16% shares |
| ELEVANCE HEALTH INC | ELV | $387.49M | 1.8% | +7% shares |
| COCA COLA CO | KO | $387.28M | 1.8% | +18% shares |
| TJX COS INC NEW | TJX | $369.43M | 1.7% | -10% shares |
| ABBOTT LABS | ABT | $354.94M | 1.7% | +28% shares |
| ELI LILLY & CO | LLY | $354.23M | 1.7% | -19% shares |
| WELLS FARGO CO NEW | WFC | $316.66M | 1.5% | +3% shares |
| VISA INC | V | $306.22M | 1.4% | +7% shares |
| ADOBE INC | ADBE | $301.52M | 1.4% | -11% shares |
| SALESFORCE INC | CRM | $296.06M | 1.4% | unchanged |
| US BANCORP DEL | USB | $294.81M | 1.4% | +12% shares |
| OTIS WORLDWIDE CORP | OTIS | $276.93M | 1.3% | unchanged |
| INTUITIVE SURGICAL INC | ISRG | $264.27M | 1.3% | unchanged |
| DARLING INGREDIENTS INC | DAR | $248.26M | 1.2% | +10% shares |
What changed since Q2 2023
Against the Q2 2023 filing, Grantham, Mayo, Van Otterloo (GMO) opened 56 new positions, added to 212, trimmed 249, left 55 unchanged and exited 159. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- LIFEZONE METALS LIMITED$31.26M
- NEW RELIC INC$21.78M
- AMERICAN EQTY INVT LIFE HLD$17.20M
- ABCAM PLC$16.96M
- CRH PLC$12.89M
- DKS$11.36M
- SPLUNK INC$8.53M
- CAPRI HOLDINGS LIMITED$8.52M
and 48 more
Exited
- PDC ENERGY INCwas $37.37M
- TRITON INTL LTDwas $36.62M
- UNIVAR SOLUTIONS INCwas $26.95M
- TGNAwas $22.80M
- VRTXwas $20.59M
- BLACK KNIGHT INCwas $18.42M
- SAIAwas $18.13M
- LIFE STORAGE INCwas $17.66M
and 151 more
Other quarters
Source: SEC Form 13F-HR, accession 0001072613-23-000573, filed by Grantham, Mayo, Van Otterloo & Co. LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.