GAAKX Holdings — GMO Alternative Allocation Fund
Data updated: 2026-09-29
GAAKX holds 1,429 securities. The top 10 make up 58.3% of net assets, led by Repo Daiwa (18.44%) and U.S. Treasury Floating Rate Notes (13.70%). Government Bonds (22.4%) and Financials (11.1%) are the largest sectors, and 140.3% of the portfolio is in United States. Debt holdings: 12 positions, 11.0% of assets.
Holdings cover 100.79% of net asset value (99.79% of total assets; remainder is cash and receivables). As of May 31, 2026 · N-PORT.
GAAKX Portfolio Holdings
1,429 holdings of GMO Alternative Allocation Fund by percentage of net assets, from the fund's SEC N-PORT filing as of May 31, 2026. The 100 largest are listed below; the interactive table on this page lists all 1,429.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| Repo Daiwa | — | Unknown | 18.44% | $150.00M |
| U.S. Treasury Floating Rate Notes | — | Government Bonds | 13.70% | $111.47M |
| U.S. Treasury Floating Rate Notes | — | Government Bonds | 7.22% | $58.73M |
| Northwestern Energy Group Inc | NWE | Utilities | 3.16% | $25.71M |
| Webster Financial Corp | WBS | Financials | 2.85% | $23.15M |
| TXNM Energy Inc | TXNM | Utilities | 2.76% | $22.46M |
| Norfolk Southern Corp | NSC | Industrials | 2.69% | $21.86M |
| Chart Industries Inc | GTLS | Industrials | 2.54% | $20.64M |
| ARC Resources Ltd | ARX | Financials | 2.52% | $20.52M |
| AES Corp | AES | Utilities | 2.45% | $19.90M |
| Schroders PLC | — | Financials | 2.41% | $19.59M |
| Essential Utilities Inc | WTRG | Utilities | 2.32% | $18.89M |
| Qorvo Inc | QRVO | Information Technology | 2.21% | $17.97M |
| Qube Holdings Ltd | — | Industrials | 1.96% | $15.96M |
| Centessa Pharmaceuticals PLC | — | Health Care | 1.95% | $15.88M |
| Kenvue Inc | KVUE | Consumer Staples | 1.91% | $15.58M |
| Uniform Mortgage-Backed Security, TBA | — | Mortgage / Securitized | 1.88% | $15.26M |
| Allied Gold Corp | AAUC | Materials | 1.78% | $14.46M |
| Devon Energy Corp | DVN | Energy | 1.73% | $14.08M |
| NCR Atleos Corp | NATL | Information Technology | 1.70% | $13.80M |
| Microsoft Corp | MSFT | Information Technology | 1.63% | $13.26M |
| Silicon Laboratories Inc | SLAB | Information Technology | 1.63% | $13.22M |
| Meta Platforms Inc | META | Communication Services | 1.54% | $12.51M |
| Escrow Altegrity, Inc. | — | Unknown | 1.51% | $12.32M |
| Axalta Coating Systems Ltd | AXTA | Materials | 1.40% | $11.36M |
| Electronic Arts Inc | EA | Communication Services | 1.36% | $11.03M |
| Liberty Broadband Corp | LBRDK | Communication Services | 1.32% | $10.71M |
| Beazley PLC | — | Financials | 1.27% | $10.35M |
| State Street Institutional Treasury Money Market Fund | — | Funds & ETFs | 1.26% | $10.28M |
| Warner Bros Discovery Inc | WBD | Communication Services | 1.24% | $10.06M |
| Apple Inc | AAPL | Information Technology | 1.22% | $9.90M |
| Select Medical Holdings Corp | — | Health Care | 1.21% | $9.81M |
| Lam Research Corp | LRCX | Information Technology | 1.20% | $9.74M |
| Alphabet Inc | GOOGL | Communication Services | 1.15% | $9.36M |
| Taiwan Semiconductor Manufacturing Co Ltd | TSMWF | Information Technology | 1.11% | $9.05M |
| Amazon.com Inc | AMZN | Consumer Discretionary | 1.04% | $8.48M |
| US Bancorp | USB | Financials | 0.91% | $7.38M |
| Swap/cdswap/cds: (cdx.na.hy.45 35-100%) | — | Unknown | 0.89% | $7.22M |
| Johnson & Johnson | JNJ | Health Care | 0.79% | $6.40M |
| Texas Instruments Inc | TXN | Information Technology | 0.75% | $6.11M |
| Dell Technologies Inc | DELL | Information Technology | 0.74% | $6.04M |
| Merck & Co Inc | MRK | Health Care | 0.71% | $5.78M |
| Broadcom Inc | AVGO | Information Technology | 0.70% | $5.68M |
| Coeur Mining Inc | CDE | Materials | 0.70% | $5.67M |
| Swap/cdswap/ice: (cdx.na.ig.46.v1) | — | Unknown | 0.65% | $5.27M |
| Cigna Group/The | CI | Health Care | 0.65% | $5.26M |
| Caesars Entertainment Inc | CZR | Consumer Discretionary | 0.64% | $5.21M |
| LG Electronics Inc | — | Consumer Discretionary | 0.63% | $5.11M |
| Swap/cdswap/ice: (itraxx.eur.45.v1) | — | Unknown | 0.62% | $5.06M |
| Thermo Fisher Scientific Inc | TMO | Health Care | 0.62% | $5.03M |
| Nucor Corp | NUE | Materials | 0.60% | $4.92M |
| Elevance Health Inc | ELV | Health Care | 0.60% | $4.88M |
| UnitedHealth Group Inc | UNH | Health Care | 0.58% | $4.72M |
| Swap/cdswap/cds: (itraxx.xo.44 35-100%) | — | Financials | 0.56% | $4.58M |
| Target Corp | TGT | Consumer Staples | 0.56% | $4.57M |
| Best Buy Co Inc | BBY | Consumer Discretionary | 0.56% | $4.56M |
| HP Inc | HPQ | Information Technology | 0.56% | $4.55M |
| Visa Inc | V | Financials | 0.54% | $4.40M |
| Cognizant Technology Solutions Corp | CTSH | Information Technology | 0.53% | $4.32M |
| Banco Santander SA | BCDRF | Financials | 0.53% | $4.27M |
| Accenture PLC | ACN | Information Technology | 0.52% | $4.25M |
| CVS Health Corp | CVS | Health Care | 0.52% | $4.22M |
| Incyte Corp | INCY | Health Care | 0.52% | $4.20M |
| Comcast Corp | CMCSA | Communication Services | 0.51% | $4.13M |
| Netflix Inc | NFLX | Communication Services | 0.49% | $4.01M |
| Panasonic Holdings Corp | — | Information Technology | 0.49% | $3.98M |
| Safran SA | — | Industrials | 0.48% | $3.92M |
| Compass Group PLC | — | Consumer Discretionary | 0.48% | $3.89M |
| Citigroup Inc | C | Financials | 0.48% | $3.89M |
| Hewlett Packard Enterprise Co | HPE | Information Technology | 0.48% | $3.87M |
| eBay Inc | EBAY | Consumer Discretionary | 0.47% | $3.85M |
| T Rowe Price Group Inc | TROW | Financials | 0.46% | $3.74M |
| Synchrony Financial | SYF | Financials | 0.46% | $3.73M |
| Ford Motor Co | F | Consumer Discretionary | 0.45% | $3.69M |
| Hyundai Mobis Co Ltd | — | Consumer Discretionary | 0.45% | $3.67M |
| Telecom Italia SpA/Milano | — | Communication Services | 0.45% | $3.66M |
| Akzo Nobel NV | AKZOF | Materials | 0.45% | $3.66M |
| Zoom Communications Inc | ZM | Information Technology | 0.45% | $3.63M |
| Solventum Corp | SOLV | Health Care | 0.44% | $3.60M |
| Adobe Inc | ADBE | Information Technology | 0.44% | $3.56M |
| SK Square Co Ltd | — | Equity — Other | 0.44% | $3.55M |
| Swap/cdswap/cds: (itraxx.eur.42 12-100%) | — | Unknown | 0.44% | $3.55M |
| Toyota Tsusho Corp | — | Industrials | 0.43% | $3.54M |
| Ageas SA/NV | — | Financials | 0.43% | $3.53M |
| Pinterest Inc | PINS | Information Technology | 0.43% | $3.51M |
| U.S. Treasury Floating Rate Notes | — | Government Bonds | 0.43% | $3.48M |
| Verizon Communications Inc | — | Communication Services | 0.43% | $3.47M |
| QUALCOMM Inc | QCOM | Information Technology | 0.42% | $3.45M |
| GE HealthCare Technologies Inc | GEHC | Health Care | 0.42% | $3.42M |
| BHP Group Ltd | BHPLF | Materials | 0.42% | $3.38M |
| Lululemon Athletica Inc | LULU | Consumer Discretionary | 0.42% | $3.38M |
| Salesforce Inc | CRM | Information Technology | 0.41% | $3.31M |
| Eli Lilly & Co | LLY | Health Care | 0.40% | $3.26M |
| Aramark | ARMK | Consumer Discretionary | 0.40% | $3.25M |
| Intuitive Surgical Inc | ISRG | Health Care | 0.40% | $3.25M |
| Fortescue Ltd | — | Materials | 0.40% | $3.23M |
| Nokia Oyj | NOKBF | Information Technology | 0.39% | $3.18M |
| Uniform Mortgage-Backed Security, TBA | — | Mortgage / Securitized | 0.39% | $3.17M |
| PriceSmart Inc | PSMT | Consumer Staples | 0.39% | $3.16M |
| KLA Corp | KLAC | Information Technology | 0.39% | $3.16M |
GAAKX Sector Allocation
GMO Alternative Allocation Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Government Bonds | 22.4% | 16 |
| Financials | 11.1% | 178 |
| Health Care | 10.1% | 95 |
| Information Technology | 9.1% | 148 |
| Industrials | 8.2% | 187 |
| Communication Services | 4.4% | 44 |
| Utilities | 4.0% | 42 |
| Consumer Staples | 3.6% | 52 |
| Consumer Discretionary | 3.5% | 106 |
| Materials | 3.5% | 75 |
| Funds & ETFs | 1.5% | 2 |
| Mortgage / Securitized | 1.0% | 4 |
| Equity — Other | 0.4% | 2 |
| Energy | -2.0% | 30 |
| Real Estate | -2.1% | 54 |
| Unknown | 21.2% | 394 |
GAAKX Country Allocation
Where GMO Alternative Allocation Fund's holdings are domiciled, by percentage of net assets (largest 15).
| Country | % of net assets |
|---|---|
| United States | 140.3% |
| United Kingdom | 9.6% |
| Canada | 6.7% |
| Japan | 6.1% |
| Australia | 3.3% |
| South Korea | 2.8% |
| Germany | 2.6% |
| Netherlands | 2.4% |
| Bermuda | 2.0% |
| Taiwan | 1.9% |
| France | 1.9% |
| Spain | 1.5% |
| Switzerland | 1.4% |
| Cayman Islands | 1.4% |
| Sweden | 1.4% |
GAAKX Portfolio Allocation
Asset-class allocation of GMO Alternative Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 150.3% |
| Fixed Income | 22.3% |
| Cash & Equivalents | 20.2% |
| Securitized | 2.4% |
| Derivatives | 1.5% |
| Other | 0.2% |
| Real Estate | 0.1% |
GAAKX Debt Constituents
Largest debt holdings of GMO Alternative Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 13.70% |
| United States Treasury | 7.22% |
| United States Treasury | 0.43% |
| Malaysia Government | 0.32% |
| Dominican Republic | 0.25% |
| United States Treasury | 0.14% |
| Development Bank of Kaza | 0.05% |
| Republica Orient Uruguay | 0.04% |
| Republica Orient Uruguay | 0.04% |
| United States Treasury | 0.04% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.