Jeremy Grantham's TS Position Overview
Jeremy Grantham (via Grantham, Mayo, Van Otterloo & Co. LLC) currently holds 347,584 shares of Tenaris S.A. (TS) worth $20.22 M, representing 0.05% of the portfolio. First purchased in 2023-Q2, this medium-term investment has been held for 12 quarters.
Based on 13F filings, Jeremy Grantham has maintained a strategic position in TS, demonstrating sustained confidence in this investment. Largest addition occurred in Q3 2024, adding 241,927 shares. Largest reduction occurred in Q1 2025, reducing 211,443 shares.
Analysis based on 13F filings available since 2013 Q2
Jeremy Grantham's Tenaris (TS) Holding Value Over Time
Track share changes against reported price movement
Quarterly Tenaris (TS) Trades by Jeremy Grantham
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | +15,346 | Add 4.62% | 347,584 | $58.18 |
| Q4 2025 | +61,358 | Add 22.65% | 332,238 | $38.45 |
| Q3 2025 | +17,013 | Add 6.70% | 270,880 | $35.77 |
| Q2 2025 | +40,293 | Add 18.87% | 253,867 | $37.40 |
| Q1 2025 | -211,443 | Reduce 49.75% | 213,574 | $39.11 |
| Q4 2024 | -190,713 | Reduce 30.97% | 425,017 | $37.79 |
| Q3 2024 | +241,927 | Add 64.72% | 615,730 | $31.79 |
| Q2 2024 | +84,517 | Add 29.22% | 373,803 | $30.52 |
| Q1 2024 | +92,149 | Add 46.74% | 289,286 | $39.27 |
| Q4 2023 | +152,154 | Add 338.25% | 197,137 | $34.76 |
| Q3 2023 | +25,740 | Add 133.76% | 44,983 | $31.60 |
| Q2 2023 | +19,243 | New Buy | 19,243 | $29.95 |
Jeremy Grantham's Tenaris Investment FAQs
Jeremy Grantham first purchased Tenaris S.A. (TS) in Q2 2023, acquiring 19,243 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 Tenaris S.A. (TS) for 12 quarters since Q2 2023.
Jeremy Grantham's largest addition to Tenaris S.A. (TS) was in Q3 2024, adding 615,730 shares worth $19.57 M.
According to the latest 13F filing for Q1 2026, Jeremy Grantham's firm, Grantham, Mayo, Van Otterloo & Co. LLC, owns 347,584 shares of Tenaris S.A. (TS), valued at approximately $20.22 M.
As of the Q1 2026 filing, Tenaris S.A. (TS) represents approximately 0.05% of Jeremy Grantham's publicly disclosed stock portfolio, making it one of their key holdings.
Jeremy Grantham's peak holding in Tenaris S.A. (TS) was 615,730 shares, as reported at the end of Q3 2024.