Jeremy Grantham

Net buying

Grantham, Mayo, Van Otterloo & Co. LLC — managed by Jeremy Grantham; US equity positions disclosed quarterly via SEC 13F

Data as of 2026-06-30 (filed 2026-08-13) · Source: SEC EDGAR

Portfolio value$44.38B (+14%)

Holdings661 (+33)

Top holdingMicrosoft Corp

Below band41

New

108

Added

261

Exited

By what price implies: 241 demand a demanding growth rate, 106 modest.

13F × valuation

Valuation posture

Of 255 valued US positions, 41 trade below a conservative value band (7 in the strike zone) (as of 2026-10-16):

Harmony Biosciences Hldgs InHRMY74% · strike
Deckers Outdoor CorpDECK66% · strike
Lululemon Athletica IncLULU50% · strike
Cars Com IncCARS50% · strike
Arch Cap Group LtdACGL44% · strike
Everest Group LtdEG42% · strike

SEC 13F · latest filing

Holdings

Security	Value	Valuation	Holders	Shares	Weight	Signal
Microsoft CorpMSFT	$2.54B	—	42	6,816,326	5.7%	Adding · 6 quarters
Lam Research CorpLRCX	$2.37B	—	9	5,464,726	5.3%	—
Alphabet IncGOOGL	$2.19B	—	40	6,132,636	4.9%	—
Apple IncAAPL	$1.98B	—	27	6,848,782	4.5%	—
Meta Platforms IncMETA	$1.94B	—	34	3,446,717	4.4%	Adding · 5 quarters
Johnson & JohnsonJNJ	$1.81B	—	13	7,110,133	4.1%	—
Amazon Com IncAMZN	$1.46B	—	38	6,136,926	3.3%	—
Texas Instrs IncTXN	$1.39B	—	12	4,674,406	3.1%	—
Thermo Fisher Scientific IncTMO	$1.37B	—	13	2,739,191	3.1%	Adding · 7 quarters
Broadcom IncAVGO	$1.23B	—	13	3,267,040	2.8%	—
Kla CorpKLAC	$1.17B	—	3	3,893,893	2.6%	—
Unitedhealth Group IncUNH	$1.17B	—	19	2,825,022	2.6%	—
Visa IncV	$1.14B	—	32	3,318,194	2.6%	Adding · 4 quarters
Nvidia CorporationNVDA	$934.8M	—	19	4,671,972	2.1%	—
Mastercard IncorporatedMA	$934.1M	—	22	1,818,743	2.1%	—
Us BancorpUSB	$899.1M	—	8	14,885,214	2.0%	—
Eli Lilly & CoLLY	$892.3M	—	8	743,966	2.0%	—
Merck & Co IncMRK	$871.9M	—	12	6,785,008	2.0%	—
Abbott LaboratoriesABT	$798.0M	—	8	8,794,077	1.8%	—
Netflix IncNFLX	$739.0M	—	13	10,350,004	1.7%	Adding · 3 quarters
The Cigna GroupCI	$710.4M	—	10	2,577,075	1.6%	—
Salesforce IncCRM	$693.7M	—	9	4,427,933	1.6%	Adding · 6 quarters
Coca Cola CoKO	$668.0M	—	10	8,219,620	1.5%	—
Elevance Health IncELV	$654.2M	—	13	1,691,671	1.5%	—
Tjx Cos IncTJX	$557.4M	—	4	3,679,188	1.3%	—

Microsoft CorpMSFTAdding · 6 quarters
Value$2.54BValuation—Holders42Weight5.7%
Lam Research CorpLRCX—
Value$2.37BValuation—Holders9Weight5.3%
Alphabet IncGOOGL—
Value$2.19BValuation—Holders40Weight4.9%
Apple IncAAPL—
Value$1.98BValuation—Holders27Weight4.5%
Meta Platforms IncMETAAdding · 5 quarters
Value$1.94BValuation—Holders34Weight4.4%
Johnson & JohnsonJNJ—
Value$1.81BValuation—Holders13Weight4.1%
Amazon Com IncAMZN—
Value$1.46BValuation—Holders38Weight3.3%
Texas Instrs IncTXN—
Value$1.39BValuation—Holders12Weight3.1%
Thermo Fisher Scientific IncTMOAdding · 7 quarters
Value$1.37BValuation—Holders13Weight3.1%
Broadcom IncAVGO—
Value$1.23BValuation—Holders13Weight2.8%
Kla CorpKLAC—
Value$1.17BValuation—Holders3Weight2.6%
Unitedhealth Group IncUNH—
Value$1.17BValuation—Holders19Weight2.6%
Visa IncVAdding · 4 quarters
Value$1.14BValuation—Holders32Weight2.6%
Nvidia CorporationNVDA—
Value$934.8MValuation—Holders19Weight2.1%
Mastercard IncorporatedMA—
Value$934.1MValuation—Holders22Weight2.1%
Us BancorpUSB—
Value$899.1MValuation—Holders8Weight2.0%
Eli Lilly & CoLLY—
Value$892.3MValuation—Holders8Weight2.0%
Merck & Co IncMRK—
Value$871.9MValuation—Holders12Weight2.0%
Abbott LaboratoriesABT—
Value$798.0MValuation—Holders8Weight1.8%
Netflix IncNFLXAdding · 3 quarters
Value$739.0MValuation—Holders13Weight1.7%
The Cigna GroupCI—
Value$710.4MValuation—Holders10Weight1.6%
Salesforce IncCRMAdding · 6 quarters
Value$693.7MValuation—Holders9Weight1.6%
Coca Cola CoKO—
Value$668.0MValuation—Holders10Weight1.5%
Elevance Health IncELV—
Value$654.2MValuation—Holders13Weight1.5%
Tjx Cos IncTJX—
Value$557.4MValuation—Holders4Weight1.3%

Showing top 25 of 663 positions

Exited this quarter (75)Magnum Ice Cream Co Nv、Chart Inds Inc、Coterra Energy Inc、Air Lease Corp、Masimo Corp、Hologic Inc、Tri Pointe Homes Inc、Barrick Mng Corp、Onestream Inc、Select Med Hldgs Corp、Amicus Therapeutic、On Semiconductor Corp… +63 more

What is a superinvestor

About this investor

Portfolio overview

Grantham, Mayo, Van Otterloo & Co. LLC's most recent 13F filing, for the quarter ended 2026-06-30, reports 661 positions worth $44.38B. The top 5 holdings represent 25% of that value, a broadly diversified portfolio.

The single largest position is Microsoft Corp at 5.7% of the portfolio, followed by Lam Research Corp at 5.3% and Alphabet Inc at 4.9%.

Against the prior quarter, Jeremy Grantham opened 108 new positions, exited 75, added to 261, and trimmed 257. The largest new buy was Philip Morris Intl Inc. The most notable sale was the full exit from Magnum Ice Cream Co Nv.

Across all 8 quarters on file, Microsoft Corp has appeared in every filing, as has Alphabet Inc. Microsoft Corp currently ranks first by value.

A 13F is filed roughly 45 days after quarter-end and covers only long positions in US-listed equities, so it is a lagging and partial view of the portfolio. Source: SEC EDGAR.

Jeremy Grantham holds 7 positions now in the strike zone. See the full strike-zone list

Sources· SEC EDGAR 13F as of 2026-06-30 · filed 2026-08-13

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