Grantham, Mayo, Van Otterloo (GMO) 13F, Q3 2024
Jeremy Grantham · quarter ending 30 September 2024 · filed 13 November 2024 · SEC CIK 1352662
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2024
The 25 largest of 559 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2024 filing.
| Company | Ticker | Value | % of book | vs Q2 2024 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $1.72B | 5.4% | +6% shares |
| APPLE INC | AAPL | $1.48B | 4.6% | +5% shares |
| META PLATFORMS INC | META | $1.34B | 4.2% | +6% shares |
| ALPHABET INC | GOOGL | $1.22B | 3.8% | +6% shares |
| ORACLE CORP | ORCL | $1.03B | 3.2% | +6% shares |
| JOHNSON & JOHNSON | JNJ | $1.02B | 3.2% | +5% shares |
| UNITEDHEALTH GROUP INC | UNH | $988.41M | 3.1% | -15% shares |
| TEXAS INSTRS INC | TXN | $877.03M | 2.8% | +5% shares |
| ELEVANCE HEALTH INC | ELV | $876.02M | 2.8% | +25% shares |
| COCA COLA CO | KO | $831.74M | 2.6% | unchanged |
| ABBOTT LABS | ABT | $810.58M | 2.5% | +23% shares |
| VISA INC | V | $803.19M | 2.5% | +66% shares |
| ACCENTURE PLC IRELAND | $772.43M | 2.4% | +8% shares | |
| INTUITIVE SURGICAL INC | ISRG | $735.59M | 2.3% | +5% shares |
| MERCK & CO INC | MRK | $671.37M | 2.1% | +11% shares |
| TJX COS INC NEW | TJX | $669.37M | 2.1% | +5% shares |
| AMAZON COM INC | AMZN | $661.97M | 2.1% | unchanged |
| LAM RESEARCH CORP | $660.86M | 2.1% | +6% shares | |
| SALESFORCE INC | CRM | $618.12M | 1.9% | +7% shares |
| US BANCORP DEL | USB | $586.04M | 1.8% | +6% shares |
| WELLS FARGO CO NEW | WFC | $556.61M | 1.7% | +3% shares |
| OTIS WORLDWIDE CORP | OTIS | $529.94M | 1.7% | +5% shares |
| THE CIGNA GROUP | CI | $492.96M | 1.6% | +27% shares |
| CONSTELLATION BRANDS INC | STZ | $442.58M | 1.4% | +16% shares |
| KLA CORP | KLAC | $426.64M | 1.3% | -21% shares |
What changed since Q2 2024
Against the Q2 2024 filing, Grantham, Mayo, Van Otterloo (GMO) opened 97 new positions, added to 199, trimmed 189, left 74 unchanged and exited 63. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- AVANGRID INC$35.29M
- IBP$31.37M
- APD$27.86M
- KELLANOVA$24.53M
- BTI$16.55M
- G2C$14.43M
- JUNIPER NETWORKS INC$14.32M
- ENSTAR GROUP LIMITED$13.75M
and 89 more
Exited
- TE CONNECTIVITY LTDwas $34.48M
- BLD*was $25.06M
- CEREVEL THERAPEUTICS HLDNG Iwas $20.81M
- SENSATA TECHNOLOGIES HLDG PLwas $20.63M
- WESTROCK COwas $17.12M
- MEDPwas $15.75M
- SILVERBOW RES INCwas $15.61M
- SWN1EURwas $12.32M
and 55 more
Other quarters
Source: SEC Form 13F-HR, accession 0001072613-24-000820, 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.