Grantham, Mayo, Van Otterloo (GMO) 13F, Q2 2026
Jeremy Grantham · quarter ending 30 June 2026 · filed 13 August 2026 · SEC CIK 1352662
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 2 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q2 2026
The 25 largest of 661 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2026 filing.
| Company | Ticker | Value | % of book | vs Q1 2026 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $2.54B | 5.7% | +10% shares |
| LAM RESEARCH CORP | LRCX | $2.37B | 5.3% | -21% shares |
| ALPHABET INC | GOOGL | $2.19B | 4.9% | -11% shares |
| APPLE INC | AAPL | $1.98B | 4.5% | unchanged |
| META PLATFORMS INC | META | $1.94B | 4.4% | +12% shares |
| JOHNSON & JOHNSON | JNJ | $1.81B | 4.1% | -2% shares |
| AMAZON COM INC | AMZN | $1.46B | 3.3% | unchanged |
| TEXAS INSTRS INC | TXN | $1.39B | 3.1% | -8% shares |
| THERMO FISHER SCIENTIFIC INC | TMO | $1.37B | 3.1% | +10% shares |
| BROADCOM INC | AVGO | $1.23B | 2.8% | -2% shares |
| KLA CORP | KLAC | $1.17B | 2.6% | +744% shares |
| UNITEDHEALTH GROUP INC | UNH | $1.17B | 2.6% | -11% shares |
| VISA INC | V | $1.14B | 2.6% | +9% shares |
| NVIDIA CORPORATION | NVDA | $934.82M | 2.1% | +1218% shares |
| MASTERCARD INCORPORATED | MA | $934.11M | 2.1% | +91% shares |
| US BANCORP | USB | $899.07M | 2.0% | -22% shares |
| ELI LILLY & CO | LLY | $892.34M | 2.0% | unchanged |
| MERCK & CO INC | MRK | $871.87M | 2.0% | -3% shares |
| ABBOTT LABORATORIES | ABT | $797.97M | 1.8% | unchanged |
| NETFLIX INC. | NFLX | $738.99M | 1.7% | +156% shares |
| THE CIGNA GROUP | CI | $710.45M | 1.6% | unchanged |
| SALESFORCE INC | CRM | $693.68M | 1.6% | unchanged |
| COCA COLA CO | KO | $668.01M | 1.5% | unchanged |
| ELEVANCE HEALTH INC FORMERLY | ELV | $654.22M | 1.5% | -13% shares |
| TJX COS INC NEW | TJX | $557.40M | 1.3% | unchanged |
What changed since Q1 2026
Against the Q1 2026 filing, Grantham, Mayo, Van Otterloo (GMO) opened 108 new positions, added to 228, trimmed 227, left 98 unchanged and exited 75. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- PM$140.37M
- QRVO$29.03M
- AAUC$27.33M
- NEE$19.26M
- CZR$18.67M
- APGE$18.24M
- MEDP$18.04M
- SENSATA TECHNOLOGIES HLDG PL$14.10M
and 100 more
Exited
- MAGNUM ICE CREAM CO NVwas $34.99M
- GTLSwas $27.94M
- CTRAwas $26.41M
- ALwas $26.32M
- MASI*was $24.48M
- HO1was $24.26M
- T86was $23.34M
- Bwas $20.29M
and 67 more
Other quarters
Source: SEC Form 13F-HR, accession 0001072613-26-000636, 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.