SusanneB/E+ via Getty Images This article is part of a series that provides an ongoing analysis of the changes made to GMO’s 13F stock portfolio on a quarterly basis. It is based on GMO’s regulatory 13F Form filed on 02/17/2026. Jeremy Grantham’s 13F portfolio value increased from $35.46B to $39.12B this quarter. The portfolio is diversified, with recent 13F reports showing well over 500 different...
SusanneB/E+ via Getty Images This article is part of a series that provides an ongoing analysis of the changes made to GMO’s 13F stock portfolio on a quarterly basis. It is based on GMO’s regulatory 13F Form filed on 02/17/2026. Jeremy Grantham’s 13F portfolio value increased from $35.46B to $39.12B this quarter. The portfolio is diversified, with recent 13F reports showing well over 500 different positions, although most of them are very small. There are 31 securities that are significantly large (more than 0.5% of the portfolio each), and they are the focus of this article. The five largest stakes are Microsoft Corporation, Alphabet, Meta Platforms, Apple, and Lam Research. They add up to ~26% of the portfolio. Please visit our Tracking Jeremy Grantham’s GMO Portfolio series to get an idea of their investment philosophy and our last report for the fund’s moves during Q3 2025. The firm currently has ~$95B under management, a far cry from ~$120B that they had at the peak. The assets are distributed among separately managed institutional mutual funds and ETFs. Their flagships are GMO Benchmark-Free Allocation Fund ( GBMFX ), which was incepted in 2003, and the GMO Quality ETFs ( QLTY ) ( QLTI ). They also offer a number of other equity ETFs: ( BCHI ), ( GMOI ), and ( GMOV ). Note 1: It was reported in December 2020 that Jeremy Grantham has a ~4.8M share stake in QuantumScape ( QS ). The ~$12.5M investment was made around 2012 as part of a series of bets on early-stage “green technology” companies. Note 2: Jeremy Grantham has repeatedly said the US stock market has been in a bubble since June 2020. Stake Increases: Microsoft Corporation ( MSFT ) : MSFT is currently the top position in the portfolio at 6.51%. It is a very long-term stake. The 2007-2008 period saw the stake built from ~5.6M shares to over 59M shares at prices between $19 and $35. The position size peaked in 2011 at ~68M shares. The next four years saw the stake sold down by ~80% at prices between $28 an...
Henry Huiyao Wang, founder and president of the Center for China and Globalization, says the US-Israeli strikes on Iran have pushed the world into a “law of the jungle” era. He argues that the attack has opened a Pandora’s box that exposes all countries to new risks and uncertainty. Wang also warns that Beijing will not limit itself to verbal responses if the conflict escalates and threatens China...
Henry Huiyao Wang, founder and president of the Center for China and Globalization, says the US-Israeli strikes on Iran have pushed the world into a “law of the jungle” era. He argues that the attack has opened a Pandora’s box that exposes all countries to new risks and uncertainty. Wang also warns that Beijing will not limit itself to verbal responses if the conflict escalates and threatens China’s national interests. (Source: Bloomberg)
Li Yanqing, executive vice-president and secretary general of the China Association of the National Shipbuilding Industry (Cansi), discusses the impact of US trade policies, global market cycles and China’s strategic pivot towards high-quality manufacturing. As a shipbuilding veteran who also serves as chairman of the ISO/TC 8 ships and marine technology committee, which oversees international sta...
Li Yanqing, executive vice-president and secretary general of the China Association of the National Shipbuilding Industry (Cansi), discusses the impact of US trade policies, global market cycles and China’s strategic pivot towards high-quality manufacturing. As a shipbuilding veteran who also serves as chairman of the ISO/TC 8 ships and marine technology committee, which oversees international standardisation for shipbuilding and marine operations, Li is a prominent voice for China’s industry on...
Award-winning science fiction and horror writer died in Colorado on 21 February with family at his side Dan Simmons, the author of more than 30 novels and short story collections spanning horror, political thrillers and science fiction such as Hyperion and The Terror, has died at age 77. Simmons died in Longmont, Colorado on 21 February, with his wife and daughter at his side, his obituary announc...
Award-winning science fiction and horror writer died in Colorado on 21 February with family at his side Dan Simmons, the author of more than 30 novels and short story collections spanning horror, political thrillers and science fiction such as Hyperion and The Terror, has died at age 77. Simmons died in Longmont, Colorado on 21 February, with his wife and daughter at his side, his obituary announced. Continue reading...
Google, part of Alphabet (NasdaqGS:GOOGL), receives conditional approval from South Korea to export high precision map data under strict security rules. The decision clears a long running data sovereignty hurdle and allows a more complete Google Maps service in the Korean market. Alphabet also announces new clean powered data centers in Minnesota and Texas featuring what it describes as the world’...
Google, part of Alphabet (NasdaqGS:GOOGL), receives conditional approval from South Korea to export high precision map data under strict security rules. The decision clears a long running data sovereignty hurdle and allows a more complete Google Maps service in the Korean market. Alphabet also announces new clean powered data centers in Minnesota and Texas featuring what it describes as the world’s largest long duration battery system. The company pairs these sites with energy partnerships...