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 2026-03-31 (filed 2026-05-14) · Source: SEC EDGAR

Portfolio value$39.10B (+1%)

Holdings628 (+256)

Top holdingMicrosoft Corp

Below band39

New

281

Added

192

Exited

13F × valuation

Valuation posture

Of 230 valued US positions, 39 trade below a conservative value band (9 in the strike zone) (as of 2026-07-20):

Harmony Biosciences Hldgs InHRMY75% · strike
Lululemon Athletica IncLULU64% · strike
Liberty Broadband CorpLBRDK61% · strike
Deckers Outdoor CorpDECK58% · strike
Charter Communications IncCHTR55% · strike
Sm Energy CompanySM54% · strike

SEC 13F · latest filing

Holdings

Security	Value	Valuation	Holders	Shares	Weight	Signal
Microsoft CorpMSFT	$2.29B	—	45	6,176,138	5.8%	Big new
Alphabet IncGOOGL	$1.98B	—	43	6,900,577	5.1%	Big new
Johnson & JohnsonJNJ	$1.78B	—	14	7,278,866	4.6%	Big new
Apple IncAAPL	$1.76B	—	29	6,937,574	4.5%	Big new
Meta Platforms IncMETA	$1.76B	—	32	3,073,041	4.5%	Big new
Lam Research CorpLRCX	$1.48B	—	7	6,904,206	3.8%	—
Amazon Com IncAMZN	$1.30B	—	39	6,229,375	3.3%	—
Thermo Fisher Scientific IncTMO	$1.23B	—	13	2,502,206	3.1%	Big new
Broadcom IncAVGO	$1.04B	—	13	3,348,517	2.7%	—
Us BancorpUSB	$994.1M	—	9	19,113,643	2.5%	—
Texas Instrs IncTXN	$982.6M	—	10	5,061,047	2.5%	—
Visa IncV	$917.6M	—	30	3,036,116	2.3%	—
Abbott LaboratoriesABT	$914.9M	—	8	8,910,945	2.3%	—
Unitedhealth Group IncUNH	$854.6M	—	19	3,158,451	2.2%	—
Merck & Co IncMRK	$843.7M	—	11	7,013,777	2.2%	—
Salesforce IncCRM	$826.1M	—	10	4,425,552	2.1%	—
Accenture Plc IrelandACN	$773.8M	Below value	8	3,902,335	2.0%	—
The Cigna GroupCI	$693.1M	—	10	2,598,218	1.8%	—
Eli Lilly & CoLLY	$689.7M	—	7	749,815	1.8%	—
Kla CorpKLAC	$679.1M	—	3	461,202	1.7%	—
Hilton Worldwide Hldgs IncHLT	$674.8M	—	6	2,219,281	1.7%	—
Coca Cola CoKO	$629.7M	—	10	8,279,748	1.6%	—
Constellation Brands IncSTZ	$603.9M	—	10	4,025,780	1.5%	—
Tjx Cos IncTJX	$592.9M	—	4	3,712,526	1.5%	—
Intuitive Surgical IncISRG	$567.4M	—	5	1,230,930	1.5%	—

Microsoft CorpMSFTBig new
Value$2.29BValuation—Holders45Weight5.8%
Alphabet IncGOOGLBig new
Value$1.98BValuation—Holders43Weight5.1%
Johnson & JohnsonJNJBig new
Value$1.78BValuation—Holders14Weight4.6%
Apple IncAAPLBig new
Value$1.76BValuation—Holders29Weight4.5%
Meta Platforms IncMETABig new
Value$1.76BValuation—Holders32Weight4.5%
Lam Research CorpLRCX—
Value$1.48BValuation—Holders7Weight3.8%
Amazon Com IncAMZN—
Value$1.30BValuation—Holders39Weight3.3%
Thermo Fisher Scientific IncTMOBig new
Value$1.23BValuation—Holders13Weight3.1%
Broadcom IncAVGO—
Value$1.04BValuation—Holders13Weight2.7%
Us BancorpUSB—
Value$994.1MValuation—Holders9Weight2.5%
Texas Instrs IncTXN—
Value$982.6MValuation—Holders10Weight2.5%
Visa IncV—
Value$917.6MValuation—Holders30Weight2.3%
Abbott LaboratoriesABT—
Value$914.9MValuation—Holders8Weight2.3%
Unitedhealth Group IncUNH—
Value$854.6MValuation—Holders19Weight2.2%
Merck & Co IncMRK—
Value$843.7MValuation—Holders11Weight2.2%
Salesforce IncCRM—
Value$826.1MValuation—Holders10Weight2.1%
Accenture Plc IrelandACN—
Value$773.8MValuationBelow valueHolders8Weight2.0%
The Cigna GroupCI—
Value$693.1MValuation—Holders10Weight1.8%
Eli Lilly & CoLLY—
Value$689.7MValuation—Holders7Weight1.8%
Kla CorpKLAC—
Value$679.1MValuation—Holders3Weight1.7%
Hilton Worldwide Hldgs IncHLT—
Value$674.8MValuation—Holders6Weight1.7%
Coca Cola CoKO—
Value$629.7MValuation—Holders10Weight1.6%
Constellation Brands IncSTZ—
Value$603.9MValuation—Holders10Weight1.5%
Tjx Cos IncTJX—
Value$592.9MValuation—Holders4Weight1.5%
Intuitive Surgical IncISRG—
Value$567.4MValuation—Holders5Weight1.5%

Showing top 25 of 628 positions

Exited this quarter (25)Comerica Inc、Rev Group Inc、Ishares Inc、Cyberark Software Ltd、Exact Sciences Corp、Dayforce Inc、Fabrinet、Frontier Communications Pare、Civitas Resources Inc、New Gold Inc Cda、News Corp、Avidity Biosciences Inc… +13 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 2026-03-31, reports 628 positions worth $39.10B. The top 5 holdings represent 24% of that value, a broadly diversified portfolio.

The single largest position is Microsoft Corp at 5.8% of the portfolio, followed by Alphabet Inc at 5.1% and Johnson & Johnson at 4.6%.

Against the prior quarter, Jeremy Grantham opened 281 new positions, exited 25, added to 192, and trimmed 152. The largest new buy was Mastercard Incorporated. The most notable sale was the full exit from New Gold Inc Cda.

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 9 positions now in the strike zone. See the full strike-zone list

Sources· SEC EDGAR 13F as of 2026-03-31 · filed 2026-05-14

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