Eaton Vance Global Growth Portfolio

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

811-07303

Investment Company Act File Number

Global Growth Portfolio

(Exact Name of Registrant as Specified in Charter)

Two International Place, Boston, Massachusetts 02110

(Address of Principal Executive Offices)

Maureen A. Gemma

Two International Place, Boston, Massachusetts 02110

(Name and Address of Agent for Services)

(617) 482-8260

(Registrant’s Telephone Number, Including Area Code)

August 31

Date of Fiscal Year End

May 31, 2010

Date of Reporting Period

Item 1. Schedule of Investments


Global Growth Portfolio	as of May 31, 2010

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 89.5%


Security	Shares		Value
Automobiles — 1.5%
Fiat SpA		8,300	$	88,236
Honda Motor Co., Ltd.		10,000		303,941
Nissan Motor Co., Ltd.⁽¹⁾		33,000		237,393
Toyota Motor Corp.		3,700		133,980

			$	763,550

Beverages — 1.2%
Central European Distribution Corp.⁽¹⁾⁽²⁾		11,200	$	286,272
Fomento Economico Mexicano SA de CV ADR		6,800		286,824

			$	573,096

Biotechnology — 1.2%
Amylin Pharmaceuticals, Inc.⁽¹⁾⁽²⁾		19,700	$	325,444
Genzyme Corp.⁽¹⁾⁽²⁾		5,200		252,980

			$	578,424

Building Products — 2.4%
Armstrong World Industries, Inc.⁽¹⁾⁽²⁾		2,000	$	74,980
Lennox International, Inc.⁽²⁾		3,340		149,465
Owens Corning, Inc.⁽¹⁾		19,613		653,701
Wienerberger AG⁽¹⁾		19,740		295,416

			$	1,173,562

Capital Markets — 0.2%
3i Group PLC		26,000	$	106,455

			$	106,455

Chemicals — 2.1%
Agrium, Inc.		5,000	$	274,450
Albemarle Corp.⁽²⁾		3,700		159,322
BASF SE⁽²⁾		4,200		221,014
Celanese Corp., Class A⁽²⁾		8,900		255,163
STR Holdings, Inc.⁽¹⁾		5,348		113,431

			$	1,023,380

Commercial Banks — 7.5%
Barclays PLC		104,000	$	453,662
BNP Paribas⁽²⁾		6,700		379,623
BOC Hong Kong Holdings, Ltd.		243,000		542,797
DBS Group Holdings, Ltd.		72,000		708,802
KBC Groep NV⁽¹⁾		5,300		204,565
Mitsubishi UFJ Financial Group, Inc.		39,000		188,864
Societe Generale⁽²⁾		3,900		166,878
TCF Financial Corp.		8,900		143,646
Turkiye Is Bankasi		45,296		139,346
Wells Fargo & Co.⁽²⁾		26,900		771,761

			$	3,699,944

Commercial Services & Supplies — 1.3%
Copart, Inc.⁽¹⁾⁽²⁾		9,800	$	351,820
Grand Canyon Education, Inc.⁽¹⁾⁽²⁾		11,000		270,160

			$	621,980

Communications Equipment — 2.1%
Acme Packet, Inc.⁽¹⁾⁽²⁾		6,000	$	175,860
Brocade Communications Systems, Inc.⁽¹⁾		54,979		299,636


Security	Shares		Value
Research In Motion, Ltd.⁽¹⁾		4,445	$	269,811
Riverbed Technology, Inc.⁽¹⁾⁽²⁾		11,700		312,741

			$	1,058,048

Computers & Peripherals — 1.0%
Apple, Inc.⁽¹⁾⁽²⁾		1,300	$	334,308
Toshiba Corp.⁽¹⁾		32,000		164,122

			$	498,430

Construction & Engineering — 0.7%
Shaw Group, Inc. (The)⁽¹⁾⁽²⁾		4,316	$	147,219
Vinci SA⁽²⁾		4,000		178,487

			$	325,706

Consumer Finance — 1.7%
American Express Co.		14,250	$	568,148
ORIX Corp.		3,800		289,620

			$	857,768

Diversified Consumer Services — 1.2%
Coinstar, Inc.⁽¹⁾⁽²⁾		11,200	$	600,992

			$	600,992

Diversified Financial Services — 0.9%
Bank of America Corp.⁽²⁾		8,200	$	129,068
CIT Group, Inc.⁽¹⁾		9,000		331,110

			$	460,178

Diversified Telecommunication Services — 1.2%
Koninklijke KPN NV		15,100	$	194,827
Telefonica SA		21,100		400,620

			$	595,447

Electric Utilities — 0.4%
E.ON AG ADR		6,000	$	182,700

			$	182,700

Electrical Equipment — 1.2%
ABB, Ltd. ADR⁽¹⁾		16,300	$	277,263
Harbin Electric, Inc.⁽¹⁾⁽²⁾		16,700		331,328

			$	608,591

Electronic Equipment, Instruments & Components — 2.1%
FUJIFILM Holdings Corp.		22,200	$	653,869
Hon Hai Precision Industry Co., Ltd.⁽¹⁾		67,000		264,833
Nidec Corp.		1,300		118,205

			$	1,036,907

Energy Equipment & Services — 1.4%
CGGVeritas⁽¹⁾		4,200	$	94,466
OAO TMK GDR⁽¹⁾⁽³⁾		20,100		340,427
Tenaris SA ADR⁽²⁾		6,500		241,280

			$	676,173

Food Products — 4.6%
Flowers Foods, Inc.⁽²⁾		11,000	$	271,810
Green Mountain Coffee Roasters, Inc.⁽¹⁾		5,900		139,535
H.J. Heinz Co.⁽²⁾		12,700		561,086
Lancaster Colony Corp.⁽²⁾		2,700		147,582
Nestle SA		16,200		731,103
Unilever PLC		16,000		429,679

			$	2,280,795


Security	Shares		Value
Health Care Equipment & Supplies — 1.5%
Masimo Corp.⁽²⁾		10,600	$	234,684
Mindray Medical International, Ltd. ADR⁽²⁾		4,000		118,960
NuVasive, Inc.⁽¹⁾⁽²⁾		3,100		121,737
Talecris Biotherapeutics Holdings Corp.⁽¹⁾⁽²⁾		15,600		258,648

			$	734,029

Health Care Providers & Services — 1.2%
Laboratory Corp. of America Holdings⁽¹⁾⁽²⁾		2,100	$	158,781
Lincare Holdings, Inc.⁽¹⁾⁽²⁾		7,200		337,104
Quest Diagnostics, Inc.		1,592		83,978

			$	579,863

Hotels, Restaurants & Leisure — 1.5%
Bally Technologies, Inc.⁽¹⁾⁽²⁾		7,000	$	297,500
Carnival PLC		4,400		165,416
Jack in the Box, Inc.⁽¹⁾⁽²⁾		13,000		291,720

			$	754,636

Household Durables — 3.9%
Desarrolladora Homex SA de CV ADR⁽¹⁾⁽²⁾		15,100	$	398,036
LG Electronics, Inc.		1,400		118,676
Tempur-Pedic International, Inc.⁽¹⁾⁽²⁾		23,273		772,664
Whirlpool Corp.⁽²⁾		6,210		648,572

			$	1,937,948

Household Products — 0.9%
Church & Dwight Co., Inc.⁽²⁾		5,200	$	342,212
Henkel AG & Co. KGaA		3,000		119,357

			$	461,569

Industrial Conglomerates — 1.7%
Cookson Group PLC⁽¹⁾		50,000	$	341,359
Keppel Corp., Ltd.		84,200		523,758

			$	865,117

Insurance — 1.3%
AXA SA ADR		8,600	$	141,900
Fairfax Financial Holdings, Ltd.		210		79,968
Swiss Reinsurance Co., Ltd.		5,100		206,519
Zurich Financial Services AG		1,100		223,503

			$	651,890

Internet Software & Services — 0.5%
Monster Worldwide, Inc.⁽¹⁾⁽²⁾		17,500	$	258,825

			$	258,825

IT Services — 0.1%
Amadeus IT Holding SA, Class A⁽¹⁾		4,403	$	66,783

			$	66,783

Machinery — 0.6%
PACCAR, Inc.		1,600	$	65,600
Volvo AB⁽¹⁾		20,500		211,472

			$	277,072

Media — 3.9%
Central European Media Enterprises, Ltd., Class A⁽¹⁾⁽²⁾		13,100	$	331,692
DIRECTV, Class A⁽¹⁾⁽²⁾		23,704		893,404
Liberty Media Corp. - Capital, Class A⁽¹⁾⁽²⁾		3,850		161,931
McGraw-Hill Cos., Inc. (The)⁽²⁾		19,200		533,760

			$	1,920,787


Security	Shares		Value
Metals & Mining — 3.9%
Anglo American PLC ADR⁽¹⁾		18,010	$	342,370
ArcelorMittal⁽²⁾		12,800		388,096
Freeport-McMoRan Copper & Gold, Inc.⁽²⁾		4,200		294,210
Sterlite Industries India, Ltd. ADR⁽²⁾		14,800		211,048
Thompson Creek Metals Co., Inc.⁽¹⁾⁽²⁾		30,800		303,380
Vale SA ADR⁽²⁾		16,600		382,630

			$	1,921,734

Multi-Utilities — 0.6%
RWE AG		4,200	$	302,286

			$	302,286

Multiline Retail — 0.8%
Big Lots, Inc.⁽¹⁾⁽²⁾		11,700	$	413,361

			$	413,361

Office Electronics — 0.9%
Canon, Inc.		10,900	$	445,535

			$	445,535

Oil, Gas & Consumable Fuels — 7.2%
Alpha Natural Resources, Inc.⁽¹⁾⁽²⁾		8,968	$	344,102
Forest Oil Corp.⁽¹⁾⁽²⁾		13,200		351,648
KazMunaiGas Exploration Production GDR		6,300		133,759
LUKOIL OAO ADR		6,700		324,280
Newfield Exploration Co.⁽¹⁾		3,300		171,798
Nexen, Inc.		26,000		567,060
Petroleo Brasileiro SA ADR		14,200		439,774
Rosetta Resources, Inc.⁽¹⁾⁽²⁾		6,545		143,532
Soco International PLC⁽¹⁾		11,200		257,919
Statoil ASA ADR⁽²⁾		12,295		247,129
Total SA ADR⁽²⁾		8,900		415,007
Whiting Petroleum Corp.⁽¹⁾⁽²⁾		1,900		159,049

			$	3,555,057

Pharmaceuticals — 4.0%
AstraZeneca PLC ADR⁽²⁾		4,400	$	185,900
Biovail Corp.		6,723		100,912
GlaxoSmithKline PLC ADR⁽²⁾		10,700		358,022
Novartis AG ADR		18,800		846,188
Sanofi-Aventis⁽²⁾		4,200		251,414
Warner Chilcott PLC, Class A⁽¹⁾⁽²⁾		11,500		265,880

			$	2,008,316

Real Estate Management & Development — 0.2%
Raven Russia, Ltd.		169,000	$	108,109

			$	108,109

Road & Rail — 0.7%
All America Latina Logistica SA (Units)		20,000	$	162,050
Kansas City Southern⁽¹⁾		4,500		171,765

			$	333,815

Semiconductors & Semiconductor Equipment — 2.7%
Alpha & Omega Semiconductor Ltd.⁽¹⁾⁽²⁾		18,034	$	268,526
Atheros Communications, Inc.⁽¹⁾⁽²⁾		3,921		133,314
Cirrus Logic, Inc.⁽¹⁾⁽²⁾		12,400		176,266
Cypress Semiconductor Corp.⁽¹⁾⁽²⁾		26,500		301,835
Tessera Technologies, Inc.⁽¹⁾⁽²⁾		25,320		440,062

			$	1,320,003


Security	Shares		Value
Software — 0.5%
Concur Technologies, Inc.⁽¹⁾⁽²⁾		6,200	$	262,260

			$	262,260

Specialty Retail — 1.9%
Abercrombie & Fitch Co., Class A⁽²⁾		1,900	$	68,077
Advance Auto Parts, Inc.⁽²⁾		7,973		412,682
Kingfisher PLC		71,000		228,013
Limited Brands, Inc.⁽²⁾		8,500		211,310

			$	920,082

Textiles, Apparel & Luxury Goods — 3.4%
Gildan Activewear, Inc.⁽¹⁾⁽²⁾		32,749	$	947,101
Hanesbrands, Inc.⁽¹⁾		27,400		747,472

			$	1,694,573

Tobacco — 1.4%
British American Tobacco PLC		23,500	$	689,978

			$	689,978

Trading Companies & Distributors — 2.5%
Mitsubishi Corp.		7,000	$	157,637
Mitsui & Co., Ltd.		57,000		817,075
WESCO International, Inc.⁽¹⁾⁽²⁾		7,720		288,728

			$	1,263,440

Wireless Telecommunication Services — 5.8%
Crown Castle International Corp.⁽¹⁾⁽²⁾		19,500	$	722,085
Leap Wireless International, Inc.⁽¹⁾⁽²⁾		10,000		163,300
NII Holdings, Inc.⁽¹⁾		24,805		904,638
Rogers Communications, Inc., Class B⁽²⁾		19,000		646,570
Turkcell Iletisim Hizmetleri AS ADR⁽²⁾		33,000		444,840

			$	2,881,433


Total Common Stocks (identified cost $40,010,807)			$	44,350,627

Investment Funds — 1.3%


Security	Shares		Value
Capital Markets — 1.3%
SPDR S&P MidCap 400 ETF Trust⁽²⁾		4,800	$	665,712


Total Investment Funds (identified cost $606,489)			$	665,712

Short-Term Investments — 36.1%


	Interest
Description	(000’s omitted)		Value
Eaton Vance Cash Collateral Fund, LLC, 0.23%⁽⁴⁾⁽⁵⁾	$	13,368	$	13,367,890
Eaton Vance Cash Reserves Fund, LLC, 0.24%⁽⁴⁾		4,514		4,513,604


Total Short-Term Investments (identified cost $17,881,494)			$	17,881,494


Total Investments — 126.9% (identified cost $58,498,790)			$	62,897,833


Other Assets, Less Liabilities — (26.9)%			$	(13,321,761	)


Net Assets — 100.0%			$	49,576,072


The percentage shown for each investment category in the Portfolio of Investments is based on net assets.

ADR	-	American Depositary Receipt

GDR	-	Global Depositary Receipt

(1)		Non-income producing security.

(2)		All or a portion of this security was on loan at May 31, 2010.

(3)		Security exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

(4)		Affiliated investment company available to Eaton Vance portfolios and funds which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of May 31, 2010. Income earned from investments in Eaton Vance Cash Collateral Fund, LLC (excluding loan rebate fees) and net income allocated from the investment in Eaton Vance Cash Reserves Fund, LLC and Cash Management Portfolio, an affiliated investment company, for the fiscal year to date ended May 31, 2010 were $21,494, $1,241 and $0, respectively.

(5)		The amount invested in Eaton Vance Cash Collateral Fund, LLC represents cash collateral received for securities on loan at May 31, 2010. Other Assets, Less Liabilities includes an equal and offsetting liability of the Portfolio to repay collateral amounts upon the return of loaned securities. At May 31, 2010, the Portfolio loaned securities having a market value of $12,839,798 and received $13,367,890 of cash collateral for the loans.

Country Concentration of Portfolio


	Percentage
Country	of Net Assets			Value
United States		42.1	%	$	20,880,622
United Kingdom		7.2			3,558,773
Japan		7.1			3,510,241
Canada		6.4			3,189,252
Switzerland		4.6			2,284,576
France		3.3			1,627,775
Singapore		2.5			1,232,560
Brazil		2.0			984,454
Germany		1.7			825,357
Russia		1.6			772,816
Mexico		1.4			684,860
Turkey		1.2			584,186
Netherlands		1.2			582,923
Hong Kong		1.1			542,797
Spain		0.9			467,403
Czech Republic		0.7			331,692
Italy		0.7			329,516
Austria		0.6			295,416
Poland		0.6			286,272
Bermuda		0.5			268,526
Ireland		0.5			265,880
Taiwan		0.5			264,833
Norway		0.5			247,129
Sweden		0.4			211,472
India		0.4			211,048
Belgium		0.4			204,565
Kazakhstan		0.3			133,759
China		0.2			118,960
South Korea		0.2			118,676

Long-Term Investments		90.8	%	$	45,016,339
Short-Term Investments					17,881,494

Total Investments				$	62,897,833

The Portfolio did not have any open financial instruments at May 31, 2010.

The cost and unrealized appreciation (depreciation) of investments of the Portfolio at May 31, 2010, as determined on a federal income tax basis, were as follows:


Aggregate cost	$	59,617,557

Gross unrealized appreciation	$	6,249,465
Gross unrealized depreciation		(2,969,189	)

Net unrealized appreciation	$	3,280,276

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.


	•	Level 1 — quoted prices in active markets for identical investments

	•	Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

	•	Level 3 — significant unobservable inputs (including a fund’s own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At May 31, 2010, the inputs used in valuing the Portfolio’s investments, which are carried at value, were as follows:


	Quoted Prices in
	Active Markets for		Significant Other			Significant
	Identical Assets		Observable Inputs			Unobservable Inputs

Asset Description	(Level 1)		(Level 2)			(Level 3)		Total

Common Stocks
Consumer Discretionary	$	8,000,434	$	1,275,654		$	—	$	9,276,088
Consumer Staples		2,035,321		1,970,118			—		4,005,439
Energy		3,404,659		826,571			—		4,231,230
Financials		2,165,600		3,718,744			—		5,884,344
Health Care		3,649,218		251,414			—		3,900,632
Industrials		2,673,919		2,643,411			—		5,317,330
Information Technology		3,300,226		1,528,359			—		4,828,585
Materials		2,724,100		221,014			—		2,945,114
Telecommunication Services		2,881,433		595,447			—		3,476,880
Utilities		182,700		302,285			—		484,985


Total Common Stocks	$	31,017,610	$	13,333,017	*	$	—	$	44,350,627


Investment Funds	$	665,712	$	—		$	—	$	665,712
Short-Term Investments		—		17,881,494			—		17,881,494


Total Investments	$	31,683,322	$	31,214,511		$	—	$	62,897,833


*		Includes foreign equity securities whose values were adjusted to reflect market trading that occurred after the close of trading in their applicable foreign markets.

The Portfolio held no investments or other financial instruments as of August 31, 2009 whose fair value was determined using Level 3 inputs.

For information on the Portfolio’s policy regarding the valuation of investments and other significant accounting policies, please refer to the Portfolio’s most recent financial statements included in its semiannual or annual report to shareholders.

Item 2. Controls and Procedures

(a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant on this Form N-Q has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant on this Form N-Q has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

(b) There have been no changes in the registrant’s internal controls over financial reporting during the fiscal quarter for which the report is being filed that have materially affected, or are reasonably likely to materially affect the registrant’s internal control over financial reporting.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


Global Growth Portfolio

By:		/s/ Duncan W. Richardson Duncan W. Richardson
		President

Date:		July 26, 2010

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.


By:		/s/ Duncan W. Richardson Duncan W. Richardson
		President

Date:		July 26, 2010

By:		/s/ Barbara E. Campbell Barbara E. Campbell
		Treasurer

Date:		July 26, 2010