Grantham, Mayo, Van Otterloo (GMO) 13F, Q1 2026
Jeremy Grantham · quarter ending 31 March 2026 · filed 14 May 2026 · SEC CIK 1352662
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2026
The 25 largest of 628 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2025 filing.
| Company | Ticker | Value | % of book | vs Q4 2025 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $2.29B | 5.8% | +17% shares |
| ALPHABET INC | GOOGL | $1.98B | 5.1% | +3% shares |
| JOHNSON & JOHNSON | JNJ | $1.78B | 4.5% | +3% shares |
| APPLE INC | AAPL | $1.76B | 4.5% | +3% shares |
| META PLATFORMS INC | META | $1.76B | 4.5% | +6% shares |
| LAM RESEARCH CORP | LRCX | $1.48B | 3.8% | -26% shares |
| AMAZON COM INC | AMZN | $1.30B | 3.3% | unchanged |
| THERMO FISHER SCIENTIFIC INC | TMO | $1.23B | 3.1% | +4% shares |
| BROADCOM INC | AVGO | $1.04B | 2.6% | +7% shares |
| US BANCORP | USB | $994.10M | 2.5% | +4% shares |
| TEXAS INSTRS INC | TXN | $982.55M | 2.5% | +4% shares |
| VISA INC | V | $917.64M | 2.4% | +15% shares |
| ABBOTT LABORATORIES | ABT | $914.89M | 2.3% | +5% shares |
| UNITEDHEALTH GROUP INC | UNH | $854.65M | 2.2% | +18% shares |
| MERCK & CO INC | MRK | $843.69M | 2.2% | +2% shares |
| SALESFORCE INC | CRM | $826.12M | 2.1% | +8% shares |
| ACCENTURE PLC IRELAND | $773.79M | 2.0% | +8% shares | |
| THE CIGNA GROUP | CI | $693.08M | 1.8% | +33% shares |
| ELI LILLY & CO | LLY | $689.66M | 1.8% | unchanged |
| KLA CORP | KLAC | $679.08M | 1.7% | -9% shares |
| HILTON WORLDWIDE HLDGS INC | HLT | $674.84M | 1.7% | -5% shares |
| COCA COLA CO | KO | $629.67M | 1.6% | -6% shares |
| CONSTELLATION BRANDS INC | STZ | $603.87M | 1.5% | +4% shares |
| TJX COS INC NEW | TJX | $592.89M | 1.5% | -2% shares |
| INTUITIVE SURGICAL INC | ISRG | $567.45M | 1.4% | +4% shares |
What changed since Q4 2025
Against the Q4 2025 filing, Grantham, Mayo, Van Otterloo (GMO) opened 84 new positions, added to 269, trimmed 201, left 74 unchanged and exited 109. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 76 more
Exited
- CMAwas $36.84M
- 1RGwas $25.34M
- EWJwas $25.12M
- CYBERARK SOFTWARE LTDwas $24.50M
- EXKwas $22.12M
- DAYwas $19.01M
- FABRINETwas $18.32M
- FYBRwas $14.70M
and 101 more
Other quarters
Source: SEC Form 13F-HR, accession 0001072613-26-000397, 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.