Jeremy Grantham acquired 7.83 Million Alphabet shares worth $1.35 Billion. That's 4.29% of their equity portfolio (2nd largest holding). The first Alphabet trade was made in Q4 2015. Since then Jeremy Grantham bought shares eighteen more times and sold shares on nineteen occasions. The stake costed the investor $494 Million, netting the investor a gain of 172% so far.