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GMO Resources Fund - GMO TRUST

Shareclass
GMO Resources Fund Class IV (GOVIX)
Type
Open-end mutual fund
Manager
GMO TRUST
Filing
NPORT filing 30 Nov 2025
Fossil fuel exposure of 44.3% places the fund in the F tier, between 9% and 100% exposure.

Methodology
F
$500.02 MILLION
in fossil fuel investments
37
fossil fuel stocks found
44%
of assets flagged
Portfolio data as of 11/30/25
Investments in major fossil fuel companies
BP PLC
Carbon Underground 200Top 200 carbon reserves
$51.21 MILLION
Glencore PLC
Carbon Underground 200Top 200 carbon reserves
$42.2 MILLION
California Resources Corp
Carbon Underground 200Top 200 carbon reserves
$36.28 MILLION
Vista Energy SAB de CV
Carbon Underground 200Top 200 carbon reserves
$33.09 MILLION
YPF SA
Carbon Underground 200Top 200 carbon reserves
$32.63 MILLION
Anglo American PLC
Carbon Underground 200Top 200 carbon reserves
$31.49 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
27
holdings
$440.16M
invested
39%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
4
holdings
$94.55M
invested
8.38%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
34
holdings
$420.75M
invested
37%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
No direct stock holdings
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
1
holdings
$5.58M
invested
0.49%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
37 holdings
37 holdings
  • 1. BP PLC
    Carbon Underground 200Oil/gas industry
    $51.21M
    4.54%
  • 2. Glencore PLC
    Carbon Underground 200Coal industry
    $42.2M
    3.74%
  • 3. California Resources Corp
    Carbon Underground 200Oil/gas industry
    $36.28M
    3.21%
  • 4. Vista Energy SAB de CV
    Carbon Underground 200Oil/gas industry
    $33.09M
    2.93%
  • 5. YPF SA
    Carbon Underground 200Oil/gas industry
    $32.63M
    2.89%
See all



Invest Your Values
Sustainability report card
As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.
GMO Resources Fund - GMO TRUST GOVIX

Environment

Social

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