Grantham, Mayo, Van Otterloo & Co. LLC Q3 2022 vs. Q4 2022: A Summary of Changes in 13F Holdings

Grantham, Mayo, Van Otterloo & Co. LLC (GMO) is a global investment management firm that manages assets for institutional clients, including endowments, foundations, and pension plans, among others. As of Q4 2022, GMO reported holdings in 39 stocks, with a total value of approximately $17.5 billion. In this blog post, we'll review the changes in GMO's 13F holdings for Q3 2022 and Q4 2022, based on the provided CSV.

Top 5 Holdings:

Before diving into the changes in the holdings, let's take a look at GMO's top five holdings:

1. US Bancorp (USB)

2. Apple Inc. (AAPL)

3. Oracle Corp. (ORCL)

4. TJX Companies Inc. (TJX)

5. Coca-Cola Co. (KO)

Now, let's review some of the changes in GMO's portfolio for Q3 2022 vs. Q4 2022:

Microsoft Corp. (MSFT):

GMO increased its holdings in Microsoft by approximately 177,540 shares, representing an 8.8% increase. The value of the holdings also increased by approximately $64.6 million, from $732 million in Q3 2022, to $796.5 million in Q4 2022.

Apple Inc. (AAPL):

GMO decreased its holdings in Apple by approximately 207,680 shares, representing an 11.7% decrease. The value of the holdings also decreased by approximately $55.2 million, from $472.3 million in Q3 2022, to $417.1 million in Q4 2022.

Oracle Corp. (ORCL):

GMO decreased its holdings in Oracle by approximately 61,642 shares, representing a 1.3% decrease. However, the value of the holdings increased by approximately $93.9 million, from $292.2 million in Q3 2022, to $386 million in Q4 2022.

Coca-Cola Co. (KO):

GMO decreased its holdings in Coca-Cola by approximately 89,003 shares, representing a 1.5% decrease. However, the value of the holdings increased by approximately $39 million, from $329.8 million in Q3 2022, to $368.9 million in Q4 2022.

Amazon.com Inc. (AMZN):

GMO increased its holdings in Amazon by approximately 2,442,115 shares, representing a whopping 72.1% increase. The value of the holdings also increased by approximately $151.6 million, from $210.1 million in Q3 2022, to $361.7 million in Q4 2022.

Wells Fargo & Co. (WFC):

GMO decreased its holdings in Wells Fargo by approximately 2,728,662 shares, representing a significant 26.7% decrease. The value of the holdings also decreased by approximately $101.7 million, from $410.3 million in Q3 2022, to $308.6 million in Q4 2022.

In conclusion, GMO made some interesting changes to its portfolio in Q4 2022. While it decreased its holdings in some stocks, it also significantly increased its holdings in others, such as Amazon.com Inc. As always, it's essential to keep an eye on these changes and understand the rationale behind the investment decisions.