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
|
+$310M |
| 2 |
General Dynamics
GD
|
+$22.4M |
| 3 |
Gotham 1000 Value ETF
GVLU
|
+$21.7M |
| 4 |
Apple
AAPL
|
+$21.5M |
| 5 |
SLB Ltd
SLB
|
+$16.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MRO
Marathon Oil Corporation
MRO
|
+$24.5M |
| 2 |
NVIDIA
NVDA
|
+$24.3M |
| 3 |
Applovin
APP
|
+$21.5M |
| 4 |
Devon Energy
DVN
|
+$17.5M |
| 5 |
Carvana
CVNA
|
+$11.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.72% |
| 2 | Industrials | 11.59% |
| 3 | Consumer Discretionary | 10.28% |
| 4 | Healthcare | 8.66% |
| 5 | Financials | 6.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Fidelity National Financial
FNF
$12.7B
| $12.4M | 0.12% |
220,909
-5,239
| -2% | -$316K |
|
227
Spotify
SPOT
$110B
| $12.4M | 0.12% |
27,708
+3,715
| +15% | +$1.59M |
|
228
Dynatrace
DT
$14.2B
| $12.4M | 0.12% |
227,618
+5,544
| +2% | +$302K |
|
229
Lam Research
LRCX
$393B
| $12.3M | 0.12% |
170,583
-6,847
| -4% | -$519K |
|
230
Moody's
MCO
$87.2B
| $12.2M | 0.12% |
25,784
-658
| -2% | -$314K |
|
|
VSXY
231
Victoria's Secret
VSXY
$6.79B
| $12.2M | 0.12% |
293,493
-79,524
| -21% | -$2.81M |
|
232
Vertex Pharmaceuticals
VRTX
$139B
| $12.1M | 0.12% |
30,111
+2,978
| +11% | +$1.38M |
|
233
FTI Consulting
FCN
$4.3B
| $12.1M | 0.11% |
63,325
+49,452
| +356% | +$10.2M |
|
234
Amdocs
DOX
$6.41B
| $12M | 0.11% |
140,920
-26,529
| -16% | -$2.33M |
|
235
Organon & Co
OGN
$3.61B
| $12M | 0.11% |
803,314
+1,590
| +0.2% | +$25.9K |
|
236
Ulta Beauty
ULTA
$22.4B
| $12M | 0.11% |
27,555
-716
| -3% | -$277K |
|
237
MKS Inc
MKSI
$18.9B
| $12M | 0.11% |
114,786
-18,319
| -14% | -$1.98M |
|
238
BorgWarner
BWA
$13.8B
| $12M | 0.11% |
376,569
+121,859
| +48% | +$4.15M |
|
239
AutoZone
AZO
$48.3B
| $12M | 0.11% |
3,733
+83
| +2% | +$263K |
|
240
Sonoco
SON
$5.88B
| $11.8M | 0.11% |
242,315
+88,115
| +57% | +$4.55M |
|
241
DuPont de Nemours
DD
$18.7B
| $11.8M | 0.11% |
123,667
+37,073
| +43% | +$3.86M |
|
242
Clearway Energy Class C
CWEN
$6.68B
| $11.8M | 0.11% |
454,965
+63,027
| +16% | +$1.74M |
|
243
VeriSign
VRSN
$25.5B
| $11.8M | 0.11% |
57,082
-15,040
| -21% | -$2.83M |
|
244
Halliburton
HAL
$29.4B
| $11.7M | 0.11% |
429,631
+70,543
| +20% | +$2.06M |
|
245
Gartner
IT
$12.4B
| $11.6M | 0.11% |
24,045
-157
| -0.6% | -$80.9K |
|
246
Ryder
R
$9.58B
| $11.6M | 0.11% |
73,785
+6,908
| +10% | +$1.08M |
|
247
3M
MMM
$92.3B
| $11.6M | 0.11% |
89,590
-19,363
| -18% | -$2.54M |
|
248
Vertiv
VRT
$101B
| $11.5M | 0.11% |
101,224
+894
| +0.9% | +$106K |
|
249
Ciena
CIEN
$56B
| $11.5M | 0.11% |
135,371
+886
| +0.7% | +$63.6K |
|
250
Dillards
DDS
$9.71B
| $11.5M | 0.11% |
26,569
+18,221
| +218% | +$7.47M |
|
Similar funds
Joel Greenblatt's Q4 2024 Portfolio in Review
As of Q4 2024, Joel Greenblatt held 1,557 positions worth $10.5B, up 9.1% from $9.67B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Joel Greenblatt deployed $892M of net new capital in Q4 2024, opening 155 new positions and adding to 628 existing holdings. Its largest new stake was Talen Energy Corp: 36,437 shares worth $7.34M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was NVIDIA, an estimated $24.3M trimmed.
- Joel Greenblatt's largest Q4 2024 buy was Talen Energy Corp: 36,437 shares worth $7.34M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q4 2024, an estimated $310M increase.
- Joel Greenblatt's biggest Q4 2024 reduction was NVIDIA, cutting an estimated $24.3M.
- Joel Greenblatt fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $24.5M.
- Joel Greenblatt's ten largest holdings make up 27% of its $10.5B portfolio in Q4 2024.
- Joel Greenblatt opened 155 new positions and closed 136 in Q4 2024.
- Joel Greenblatt's portfolio value rose 9.1% quarter-over-quarter to $10.5B.
Based on Gotham Asset Management's 13F filing for Q4 2024, filed 14 Feb 2025.