Joel Greenblatt Gotham Asset Management
Joel Greenblatt is a co-founder of Gotham Asset Management and a well-known value investor, professor, and author. He gained wide recognition for The Little Book That Beats the Market and for popularizing a systematic value approach often called the “magic formula.” Greenblatt’s career spans special-situation investing, quantitative value strategies, and investor education.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
CBI
Chicago Bridge & Iron Nv
CBI
|
+$54.1M |
| 2 |
TW
TOWERS WATSON & CO COM STK CL A (DE)
TW
|
+$42.9M |
| 3 |
Teradata
TDC
|
+$40.2M |
| 4 |
Delta Air Lines
DAL
|
+$39.9M |
| 5 |
Monster Beverage
MNST
|
+$37.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$53.1M |
| 2 |
News Corp Class B
NWS
|
+$33.3M |
| 3 |
SLXP
SALIX PHARMACEUTICALS LTD DEL
SLXP
|
+$31.9M |
| 4 |
C.H. Robinson
CHRW
|
+$30.5M |
| 5 |
IM
Ingram Micro
IM
|
+$26.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 23.69% |
| 2 | Technology | 19.82% |
| 3 | Consumer Discretionary | 19.24% |
| 4 | Consumer Staples | 12.32% |
| 5 | Healthcare | 9.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Sysco
SYY
$40.2B
| $11.4M | 0.14% |
304,802
-305,555
| -50% | -$11.2M |
|
|
KND
227
DELISTED
Kindred Healthcare
KND
| $11.4M | 0.14% |
491,767
+18,836
| +4% | +$460K |
|
228
Ethan Allen Interiors
ETD
$595M
| $11.3M | 0.14% |
458,378
-132,138
| -22% | -$3.23M |
|
229
Curtiss-Wright
CW
$23.5B
| $11.3M | 0.14% |
172,146
+164,193
| +2,065% | +$10.8M |
|
|
TIVO
230
DELISTED
Tivo Inc
TIVO
| $11.3M | 0.14% |
469,690
+435,551
| +1,276% | +$10.1M |
|
|
IDTI
231
DELISTED
Integrated Device Technology I
IDTI
| $11.2M | 0.14% |
724,584
+395,570
| +120% | +$5.08M |
|
232
Deluxe
DLX
$1.08B
| $11.1M | 0.14% |
189,552
-138,600
| -42% | -$7.58M |
|
233
Zumiez
ZUMZ
$308M
| $11.1M | 0.14% |
400,492
+41,875
| +12% | +$1.11M |
|
|
MANT
234
DELISTED
Mantech International Corp
MANT
| $11M | 0.14% |
371,818
+90,121
| +32% | +$2.66M |
|
|
IRF
235
DELISTED
INTL RECTIFIER CORP
IRF
| $11M | 0.14% |
393,079
+376,737
| +2,305% | +$10.1M |
|
236
Western Digital
WDC
$166B
| $10.9M | 0.14% |
156,332
-98,074
| -39% | -$6.57M |
|
237
Anika Therapeutics
ANIK
$291M
| $10.9M | 0.14% |
+235,399
| New | +$10.5M |
|
|
ALOG
238
DELISTED
Analogic Corp
ALOG
| $10.8M | 0.13% |
137,675
+98,488
| +251% | +$7.5M |
|
239
Smith & Wesson
SWBI
$632M
| $10.8M | 0.13% |
962,411
-605,505
| -39% | -$7.15M |
|
240
Federal Signal
FSS
$7.48B
| $10.7M | 0.13% |
733,552
+39,948
| +6% | +$585K |
|
|
EFOR
241
Everforth Inc
EFOR
$1.34B
| $10.7M | 0.13% |
300,918
+232,738
| +341% | +$8.33M |
|
242
Helen of Troy
HELE
$677M
| $10.7M | 0.13% |
175,840
+136,506
| +347% | +$8.49M |
|
|
PNRA
243
DELISTED
Panera Bread Co
PNRA
| $10.5M | 0.13% |
70,152
+65,956
| +1,572% | +$10.4M |
|
244
Dolby
DLB
$6.11B
| $10.5M | 0.13% |
242,630
+230,684
| +1,931% | +$9.63M |
|
245
Sonoco
SON
$5.88B
| $10.4M | 0.13% |
236,725
-16,113
| -6% | -$681K |
|
246
Standex International
SXI
$3.76B
| $10.4M | 0.13% |
139,562
+31,143
| +29% | +$2.14M |
|
|
LVLT
247
DELISTED
Level 3 Communications Inc
LVLT
| $10.4M | 0.13% |
+236,448
| New | +$9.92M |
|
248
Commercial Metals
CMC
$7.34B
| $10.3M | 0.13% |
595,049
+109,434
| +23% | +$2.03M |
|
249
PTC
PTC
$16.8B
| $10.3M | 0.13% |
265,099
+127,096
| +92% | +$4.58M |
|
|
MGAM
250
DELISTED
MULTIMEDIA GAMES HOLDING COMPANY INC COM STK (TX)
MGAM
| $10.2M | 0.13% |
344,723
+290,911
| +541% | +$8.29M |
|
Similar funds
Joel Greenblatt's Q2 2014 Portfolio in Review
As of Q2 2014, Joel Greenblatt held 1,196 positions worth $7.99B, up 20% from $6.64B the previous quarter. Its ten largest holdings account for 6.9% of the portfolio.
Joel Greenblatt deployed $1.17B of net new capital in Q2 2014, opening 202 new positions and adding to 378 existing holdings. Its largest new stake was Chicago Bridge & Iron Nv: 679,782 shares worth $46.4M.
By sector, the portfolio is most concentrated in Industrials at 24% of assets, up from 23% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was C.H. Robinson, an estimated $30.5M trimmed.
- Joel Greenblatt's largest Q2 2014 buy was Chicago Bridge & Iron Nv: 679,782 shares worth $46.4M.
- Joel Greenblatt added most to TOWERS WATSON & CO COM STK CL A (DE) in Q2 2014, an estimated $42.9M increase.
- Joel Greenblatt's biggest Q2 2014 reduction was C.H. Robinson, cutting an estimated $30.5M.
- Joel Greenblatt fully exited State Street SPDR S&P 500 ETF Trust in Q2 2014, selling an estimated $53.1M.
- Joel Greenblatt's ten largest holdings make up 6.9% of its $7.99B portfolio in Q2 2014.
- Joel Greenblatt opened 202 new positions and closed 216 in Q2 2014.
- Joel Greenblatt's portfolio value rose 20% quarter-over-quarter to $7.99B.
Based on Gotham Asset Management's 13F filing for Q2 2014, filed 14 Aug 2014.