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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$208M |
| 2 |
NVIDIA
NVDA
|
+$74.8M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$49M |
| 4 |
Merck
MRK
|
+$20.3M |
| 5 |
GE Aerospace
GE
|
+$19.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Celanese
CE
|
+$14.3M |
| 2 |
ExxonMobil
XOM
|
+$11.5M |
| 3 |
APA Corp
APA
|
+$11.5M |
| 4 |
Kenvue
KVUE
|
+$10.7M |
| 5 |
Mattel
MAT
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.43% |
| 2 | Industrials | 11.88% |
| 3 | Consumer Discretionary | 10.29% |
| 4 | Healthcare | 9.07% |
| 5 | Financials | 5.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Altria Group
MO
$110B
| $11.6M | 0.12% |
227,641
+2,517
| +1% | +$127K |
|
227
ScottsMiracle-Gro
SMG
$3.55B
| $11.6M | 0.12% |
133,983
+58,443
| +77% | +$4.11M |
|
228
Qualys
QLYS
$6.3B
| $11.6M | 0.12% |
90,416
+4,395
| +5% | +$580K |
|
229
Intuitive Surgical
ISRG
$134B
| $11.6M | 0.12% |
23,622
+4,911
| +26% | +$2.29M |
|
230
Saic
SAIC
$5.41B
| $11.6M | 0.12% |
83,150
+4,914
| +6% | +$620K |
|
231
Chubb
CB
$132B
| $11.6M | 0.12% |
40,100
+5,473
| +16% | +$1.5M |
|
232
AutoZone
AZO
$48.3B
| $11.5M | 0.12% |
3,650
+1,373
| +60% | +$4.22M |
|
233
Cencora
COR
$60.7B
| $11.5M | 0.12% |
50,928
+24,412
| +92% | +$5.67M |
|
234
Donaldson
DCI
$10.8B
| $11.5M | 0.12% |
155,466
+57,980
| +59% | +$4.19M |
|
235
Wyndham Hotels & Resorts
WH
$5.54B
| $11.4M | 0.12% |
146,381
+6,259
| +4% | +$475K |
|
236
Linde
LIN
$225B
| $11.4M | 0.12% |
23,980
+4,150
| +21% | +$1.89M |
|
237
Madison Square Garden
MSGS
$9.78B
| $11.4M | 0.12% |
54,730
+17,785
| +48% | +$3.58M |
|
238
W.W. Grainger
GWW
$61.8B
| $11.4M | 0.12% |
10,942
-680
| -6% | -$658K |
|
239
AutoNation
AN
$6.6B
| $11.4M | 0.12% |
63,448
+7,980
| +14% | +$1.37M |
|
240
ResMed
RMD
$33.4B
| $11.3M | 0.12% |
46,443
+2,242
| +5% | +$501K |
|
241
Landstar System
LSTR
$6.33B
| $11.2M | 0.12% |
59,564
+4,964
| +9% | +$916K |
|
242
SLB Ltd
SLB
$79.9B
| $11.2M | 0.12% |
267,848
+29,392
| +12% | +$1.31M |
|
243
S&P Global
SPGI
$127B
| $11.2M | 0.12% |
21,673
+7,435
| +52% | +$3.68M |
|
244
Amer Sports
AS
$19B
| $11.2M | 0.12% |
+701,877
| New | +$8.98M |
|
245
Diamondback Energy
FANG
$59B
| $11.2M | 0.12% |
64,847
+23,232
| +56% | +$4.47M |
|
|
AXON
246
Axon Enterprise
AXON
$51B
| $11.1M | 0.12% |
27,841
+7,025
| +34% | +$2.42M |
|
247
General Dynamics
GD
$104B
| $11.1M | 0.11% |
36,761
+12,257
| +50% | +$3.6M |
|
248
UiPath
PATH
$8.49B
| $11.1M | 0.11% |
866,654
+743,379
| +603% | +$9.1M |
|
249
Reynolds Consumer Products
REYN
$5.37B
| $11.1M | 0.11% |
356,549
+89,919
| +34% | +$2.66M |
|
|
EXAS
250
DELISTED
Exact Sciences
EXAS
| $11.1M | 0.11% |
162,422
+30,873
| +23% | +$1.74M |
|
Similar funds
Joel Greenblatt's Q3 2024 Portfolio in Review
As of Q3 2024, Joel Greenblatt held 1,552 positions worth $9.67B, up 25% from $7.72B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.31B of net new capital in Q3 2024, opening 145 new positions and adding to 741 existing holdings. Its largest new stake was AST SpaceMobile: 520,630 shares worth $13.6M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Celanese, an estimated $14.3M trimmed.
- Joel Greenblatt's largest Q3 2024 buy was AST SpaceMobile: 520,630 shares worth $13.6M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $208M increase.
- Joel Greenblatt's biggest Q3 2024 reduction was Celanese, cutting an estimated $14.3M.
- Joel Greenblatt fully exited Corteva in Q3 2024, selling an estimated $9.36M.
- Joel Greenblatt's ten largest holdings make up 25% of its $9.67B portfolio in Q3 2024.
- Joel Greenblatt opened 145 new positions and closed 150 in Q3 2024.
- Joel Greenblatt's portfolio value rose 25% quarter-over-quarter to $9.67B.
Based on Gotham Asset Management's 13F filing for Q3 2024, filed 14 Nov 2024.