Grantham, Mayo, Van Otterloo (GMO) 13F, Q4 2024
Jeremy Grantham · quarter ending 31 December 2024 · filed 13 February 2025 · SEC CIK 1352662
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2024
The 25 largest of 570 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2024 filing.
| Company | Ticker | Value | % of book | vs Q3 2024 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $1.65B | 5.4% | -2% shares |
| APPLE INC | AAPL | $1.58B | 5.1% | unchanged |
| ALPHABET INC | GOOGL | $1.40B | 4.5% | unchanged |
| META PLATFORMS INC | META | $1.30B | 4.2% | -5% shares |
| UNITEDHEALTH GROUP INC | UNH | $1.05B | 3.4% | +23% shares |
| ORACLE CORP | ORCL | $980.18M | 3.2% | -2% shares |
| VISA INC | V | $934.51M | 3.0% | unchanged |
| JOHNSON & JOHNSON | JNJ | $919.82M | 3.0% | unchanged |
| ABBOTT LABS | ABT | $893.22M | 2.9% | +11% shares |
| TEXAS INSTRS INC | TXN | $804.26M | 2.6% | unchanged |
| ACCENTURE PLC IRELAND | $784.94M | 2.5% | +2% shares | |
| SALESFORCE INC | CRM | $743.19M | 2.4% | unchanged |
| ELEVANCE HEALTH INC | ELV | $738.04M | 2.4% | +19% shares |
| AMAZON COM INC | AMZN | $705.69M | 2.3% | -10% shares |
| US BANCORP DEL | USB | $618.72M | 2.0% | unchanged |
| MERCK & CO INC | MRK | $613.32M | 2.0% | +4% shares |
| WELLS FARGO CO NEW | WFC | $613.15M | 2.0% | -11% shares |
| COCA COLA CO | KO | $589.02M | 1.9% | -18% shares |
| LAM RESEARCH CORP | LRCX | $584.89M | 1.9% | new |
| THERMO FISHER SCIENTIFIC INC | TMO | $569.06M | 1.9% | +141% shares |
| INTUITIVE SURGICAL INC | ISRG | $555.09M | 1.8% | -29% shares |
| CONSTELLATION BRANDS INC | STZ | $542.39M | 1.8% | +43% shares |
| HILTON WORLDWIDE HLDGS INC | HLT | $490.17M | 1.6% | +22% shares |
| OTIS WORLDWIDE CORP | OTIS | $477.78M | 1.6% | unchanged |
| TJX COS INC NEW | TJX | $455.93M | 1.5% | -34% shares |
What changed since Q3 2024
Against the Q3 2024 filing, Grantham, Mayo, Van Otterloo (GMO) opened 75 new positions, added to 183, trimmed 229, left 83 unchanged and exited 64. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- LRCX$584.89M
- IVV$128.45M
- ARCH RESOURCES INC$25.94M
- MRNA$22.78M
- SILVERCREST METALS INC$21.75M
- FYBR$20.61M
- APTIV PLC$19.27M
- AIR TRANSPORT SERVICES GRP I$16.72M
and 67 more
Exited
- LAM RESEARCH CORPwas $660.86M
- MARATHON OIL CORPwas $38.44M
- AVANGRID INCwas $35.29M
- ATLANTICA SUSTAINABLE INFR Pwas $29.43M
- ARCADIUM LITHIUM PLCwas $26.91M
- CATALENT INCwas $20.78M
- MGRCwas $20.15M
- CHAMPIONX CORPORATIONwas $18.58M
and 56 more
Other quarters
Source: SEC Form 13F-HR, accession 0001072613-25-000109, 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.