Jeremy Grantham recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
Jeremy Grantham (Trades, Portfolio) is the Chairman of the Board of Grantham Mayo van Otterloo (GMO) LLC, a Boston-based asset management firm. He is regarded as a highly knowledgeable investor in various stock, bond and commodity markets. Grantham started one of the world's first index funds in the early 1970s.
As of the latest 13F report, the guru’s equity portfolio contained 707 stocks valued at a total of $18.77Bil. The top holdings were MSFT(4.24%), UNH(2.95%), and JNJ(2.76%).
According to GuruFocus data, these were Jeremy Grantham (Trades, Portfolio)’s top five trades of the quarter.
Amazon.com Inc
During the quarter, Jeremy Grantham (Trades, Portfolio) bought 2,446,115 shares of NAS:AMZN for a total holding of 4,305,401. The trade had a 1.1% impact on the equity portfolio. During the quarter, the stock traded for an average price of $98.78.
On 02/13/2023, Amazon.com Inc traded for a price of $99.20999999999999 per share and a market cap of $1,016.63Bil. The stock has returned -35.34% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Amazon.com Inc has a price-book ratio of 6.93, a EV-to-Ebitda ratio of 27.94 and a price-sales ratio of 1.95.
The price-to-GF Value ratio is 0.50, earning the stock a GF Value rank of 4.
Global Payments Inc
Jeremy Grantham (Trades, Portfolio) reduced their investment in NYSE:GPN by 1,182,832 shares. The trade had a 0.74% impact on the equity portfolio. During the quarter, the stock traded for an average price of $104.26.
On 02/13/2023, Global Payments Inc traded for a price of $114.6 per share and a market cap of $30.15Bil. The stock has returned -21.22% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Global Payments Inc has a price-earnings ratio of 520.91, a price-book ratio of 1.37, a price-earnings-to-growth (PEG) ratio of 44.68, a EV-to-Ebitda ratio of 19.02 and a price-sales ratio of 3.62.
The price-to-GF Value ratio is 0.56, earning the stock a GF Value rank of 8.
Meta Platforms Inc
During the quarter, Jeremy Grantham (Trades, Portfolio) bought 1,072,409 shares of NAS:META for a total holding of 2,876,486. The trade had a 0.6899999999999999% impact on the equity portfolio. During the quarter, the stock traded for an average price of $117.43.
On 02/13/2023, Meta Platforms Inc traded for a price of $179.24 per share and a market cap of $464.70Bil. The stock has returned -18.37% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Meta Platforms Inc has a price-earnings ratio of 20.89, a price-book ratio of 3.73, a price-earnings-to-growth (PEG) ratio of 1.36, a EV-to-Ebitda ratio of 11.63 and a price-sales ratio of 4.14.
The price-to-GF Value ratio is 0.48, earning the stock a GF Value rank of 4.
Wells Fargo & Co
Jeremy Grantham (Trades, Portfolio) reduced their investment in NYSE:WFC by 2,727,662 shares. The trade had a 0.63% impact on the equity portfolio. During the quarter, the stock traded for an average price of $44.26.
On 02/13/2023, Wells Fargo & Co traded for a price of $47.955 per share and a market cap of $183.85Bil. The stock has returned -15.89% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 6 out of 10.
In terms of valuation, Wells Fargo & Co has a price-earnings ratio of 15.27, a price-book ratio of 1.15, a price-earnings-to-growth (PEG) ratio of 4.02 and a price-sales ratio of 2.52.
The price-to-GF Value ratio is 1.05, earning the stock a GF Value rank of 5.
Adobe Inc
During the quarter, Jeremy Grantham (Trades, Portfolio) bought 238,242 shares of NAS:ADBE for a total holding of 674,596. The trade had a 0.43% impact on the equity portfolio. During the quarter, the stock traded for an average price of $319.83.
On 02/13/2023, Adobe Inc traded for a price of $374.925 per share and a market cap of $171.64Bil. The stock has returned -20.96% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Adobe Inc has a price-earnings ratio of 37.12, a price-book ratio of 12.33, a price-earnings-to-growth (PEG) ratio of 1.48, a EV-to-Ebitda ratio of 24.11 and a price-sales ratio of 10.02.
The price-to-GF Value ratio is 0.57, earning the stock a GF Value rank of 8.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
Want to provide feedback on this article? Have questions or concerns? Get in touch with us here, or email us at [email protected]!
This article is general in nature and does not represent the opinions of GuruFocus or any of its affiliates. This article is not intended to be financial advice, nor does it constitute investment advice or recommendations. It was written without regard to your individual situation or financial goals. We aim to bring you fundamental, data-driven analysis, The information on this site is in no way guaranteed for completeness, accuracy or in any other way.
