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 | |
|---|---|---|---|---|---|---|
251
Saic
SAIC
$5.41B
| $10.2M | 0.13% |
231,200
+171,587
| +288% | +$6.78M |
|
|
COHR
252
DELISTED
Coherent Inc
COHR
| $10.2M | 0.13% |
153,655
-22,536
| -13% | -$1.39M |
|
253
Watsco Inc
WSO
$12.9B
| $10.2M | 0.13% |
+98,887
| New | +$10M |
|
254
Regal Rexnord
RRX
$11.1B
| $10.2M | 0.13% |
129,276
-64,730
| -33% | -$4.91M |
|
255
Graham Holdings Company
GHC
$4.94B
| $10M | 0.13% |
23,134
+21,871
| +1,732% | +$9.1M |
|
256
Burlington
BURL
$20.6B
| $10M | 0.13% |
315,010
+233,008
| +284% | +$6.74M |
|
|
QLGC
257
DELISTED
QLOGIC CORP
QLGC
| $9.94M | 0.12% |
985,040
+70,519
| +8% | +$756K |
|
|
MZTI
258
The Marzetti Company
MZTI
$3.06B
| $9.92M | 0.12% |
104,214
-56,205
| -35% | -$5.2M |
|
259
Zebra Technologies
ZBRA
$17.4B
| $9.9M | 0.12% |
120,302
-23,794
| -17% | -$1.74M |
|
|
SEE
260
DELISTED
Sealed Air
SEE
| $9.87M | 0.12% |
288,871
+51,800
| +22% | +$1.71M |
|
261
Church & Dwight Co
CHD
$23.4B
| $9.86M | 0.12% |
281,884
+185,928
| +194% | +$6.39M |
|
|
APOL
262
DELISTED
Apollo Education Group Inc Class A
APOL
| $9.79M | 0.12% |
313,256
-162,130
| -34% | -$4.67M |
|
263
Masco
MAS
$14.5B
| $9.79M | 0.12% |
501,700
-938,842
| -65% | -$17.7M |
|
264
Tetra Tech
TTEK
$9.47B
| $9.78M | 0.12% |
1,778,870
+1,240,250
| +230% | +$6.79M |
|
265
Alaska Air
ALK
$4.51B
| $9.71M | 0.12% |
+204,198
| New | +$9.72M |
|
266
Lattice Semiconductor
LSCC
$16.7B
| $9.67M | 0.12% |
1,171,963
+180,917
| +18% | +$1.46M |
|
267
Centene
CNC
$32.1B
| $9.66M | 0.12% |
511,252
+61,772
| +14% | +$1.06M |
|
|
ILG
268
DELISTED
ILG, Inc Common Stock
ILG
| $9.54M | 0.12% |
434,763
+198,162
| +84% | +$4.57M |
|
269
Becton Dickinson
BDX
$52.3B
| $9.5M | 0.12% |
+82,311
| New | +$9.33M |
|
270
Scansource
SCSC
$1.1B
| $9.38M | 0.12% |
246,285
-97,615
| -28% | -$3.73M |
|
271
MKS Inc
MKSI
$18.9B
| $9.36M | 0.12% |
299,510
+135,475
| +83% | +$3.93M |
|
272
Mueller Water Products
MWA
$3.89B
| $9.33M | 0.12% |
1,080,313
+1,013,327
| +1,513% | +$8.98M |
|
273
Ball Corp
BALL
$16.8B
| $9.15M | 0.11% |
292,094
+38,006
| +15% | +$1.11M |
|
274
Dine Brands
DIN
$454M
| $9.09M | 0.11% |
114,343
+63,118
| +123% | +$4.98M |
|
|
GK
275
DELISTED
G&K Services Inc
GK
| $9.07M | 0.11% |
174,157
+39,963
| +30% | +$2.17M |
|
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.