Jeremy Grantham's ITUB Position Overview
Jeremy Grantham (via Grantham, Mayo, Van Otterloo & Co. LLC) currently holds 190,130 shares of Itaú Unibanco Holding S.A. (ITUB) worth $1.4 M, representing 0.00% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Jeremy Grantham has maintained a long-term strategic position in ITUB, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2017, adding 3.06 M shares. Largest reduction occurred in Q2 2014, reducing 7.29 M shares.
Analysis based on 13F filings available since 2013 Q2
Jeremy Grantham's Itaú Unibanco Holding (ITUB) Holding Value Over Time
Track share changes against reported price movement
Quarterly Itaú Unibanco Holding (ITUB) Trades by Jeremy Grantham
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +18.13 M | Add 0.00% | 18.13 M | $5.88 |
| Q3 2013 | +912,764 | Add 5.04% | 19.04 M | $6.43 |
| Q4 2013 | -4.61 M | Reduce 24.21% | 14.43 M | $6.18 |
| Q1 2014 | -1.41 M | Reduce 9.75% | 13.02 M | $6.77 |
| Q2 2014 | -7.29 M | Reduce 55.99% | 5.73 M | $7.20 |
| Q3 2014 | -2.88 M | Reduce 50.27% | 2.85 M | $6.95 |
| Q4 2014 | -355,737 | Reduce 12.48% | 2.49 M | $6.52 |
| Q1 2015 | -295,110 | Reduce 11.83% | 2.2 M | $5.54 |
| Q2 2015 | -1.42 M | Reduce 64.73% | 775,558 | $5.49 |
| Q3 2015 | +455,019 | Add 58.67% | 1.23 M | $3.65 |
| Q4 2015 | +523,083 | Add 42.51% | 1.75 M | $3.59 |
| Q1 2016 | -908,874 | Reduce 51.83% | 844,786 | $4.73 |
| Q2 2016 | +1.45 M | Add 171.06% | 2.29 M | $5.20 |
| Q3 2016 | -1.38 M | Reduce 60.45% | 905,589 | $6.03 |
| Q4 2016 | -120,286 | Reduce 13.28% | 785,303 | $6.23 |
| Q1 2017 | +599,808 | Add 76.38% | 1.39 M | $7.31 |
| Q2 2017 | -1.21 M | Reduce 87.63% | 171,387 | $6.70 |
| Q3 2017 | -84,249 | Reduce 49.16% | 87,138 | $8.31 |
| Q4 2017 | +3.06 M | Add 3517.06% | 3.15 M | $7.88 |
| Q1 2018 | -2.79 M | Reduce 88.38% | 366,135 | $9.46 |
| Q2 2018 | -209,880 | Reduce 57.32% | 156,255 | $6.29 |
| Q3 2018 | +66,000 | Add 42.24% | 222,255 | $6.65 |
| Q4 2018 | -222,255 | Sold Out | 222,255 | $0.00 |
| Q4 2020 | +313,170 | New Buy | 313,170 | $5.54 |
| Q1 2021 | +2.33 M | Add 745.21% | 2.65 M | $4.51 |
| Q2 2021 | -306,350 | Reduce 11.57% | 2.34 M | $5.46 |
| Q3 2021 | -2.34 M | Sold Out | 2.34 M | $0.00 |
| Q2 2022 | +3.33 M | New Buy | 3.33 M | $3.89 |
| Q3 2022 | -173,360 | Reduce 5.21% | 3.15 M | $4.70 |
| Q4 2022 | +1.25 M | Add 39.64% | 4.4 M | $4.28 |
| Q1 2023 | -712,140 | Reduce 16.17% | 3.69 M | $4.43 |
| Q2 2023 | -1.75 M | Reduce 47.35% | 1.94 M | $5.36 |
| Q3 2023 | -1.81 M | Reduce 93.22% | 131,835 | $4.88 |
| Q4 2023 | +51,130 | Add 38.78% | 182,965 | $6.32 |
| Q1 2024 | +319,401 | Add 174.57% | 502,366 | $6.30 |
| Q2 2024 | -360,687 | Reduce 71.80% | 141,679 | $5.31 |
| Q3 2024 | -112,774 | Reduce 79.60% | 28,905 | $6.05 |
| Q4 2024 | -28,905 | Sold Out | 28,905 | $0.00 |
| Q1 2025 | +547,910 | New Buy | 547,910 | $5.50 |
| Q2 2025 | +310,285 | Add 56.63% | 858,195 | $6.79 |
| Q3 2025 | -668,065 | Reduce 77.85% | 190,130 | $7.34 |
Jeremy Grantham's Itaú Unibanco Holding Investment FAQs
Jeremy Grantham first purchased Itaú Unibanco Holding S.A. (ITUB) in Q2 2013, acquiring 18,126,190 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham has held Itaú Unibanco Holding S.A. (ITUB) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham's largest addition to Itaú Unibanco Holding S.A. (ITUB) was in Q2 2013, adding 18,126,190 shares worth $106.64 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Jeremy Grantham's firm, Grantham, Mayo, Van Otterloo & Co. LLC, owns 190,130 shares of Itaú Unibanco Holding S.A. (ITUB), valued at approximately $1.4 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Itaú Unibanco Holding S.A. (ITUB) represents approximately 0.00% of Jeremy Grantham's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham's peak holding in Itaú Unibanco Holding S.A. (ITUB) was 19,038,954 shares, as reported at the end of Q3 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.