The Fund Grade · free · no account needed
What grade does GQETX get?
Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.
Fundprints Fund Grade · as of 2026-10-01
GMO Quality Fund
#47 of 500 graded active funds · blend · large segment peer group
The point · specialist footprint
GQETX puts more of its book behind proven specialists than 93% of graded funds.
Bottom 20%
Bottom 40%
Middle
Top 40%
● Top 20%
That has mattered: over the past 2.7 years, funds on this rung beat bottom-rung funds by about 3.8% per quarter, and beat the S&P in 43% of fund-quarters versus their 22%. The evidence argues this fund earns its seat.
10,000+ funds tracked · the graded specialists among them drive every read
The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.
GQETX vs the Honor Roll · share card ↗Conviction exposure
61.2%
of the book in specialist-converged names
Late-stage weight
21.1%
of the book in Crowded or Fading names
Active share
89.6%
how far it strays from the index
The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.
Inside the book: top names by stage · as of 2026-10-20
We email you the day it crosses 50% crowded, and where you stand every month.
Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.
The read · what to do with it
GMO Quality Fund earns an A grade and ranks 47 out of 500, with specialists making up 61.2% of its ownership, well into the top 20% of peers. The fund is genuinely early in JNJ, TMO, and USB, which is where the real conviction sits right now. On the other side, AVGO, NFLX, and TJX are all Fading, meaning specialists are already walking away from those positions.
→ Watch AVGO, NFLX, TJX, CI, and STZ closely, as specialist exits from all five suggest those positions may be losing their edge.
→ Note the Early Conviction stage in JNJ, TMO, and USB, where proven specialists are still building, which is the forward-looking case for holding.
Support leaving these positions
Read from today's disclosed book. Evidence, not advice.