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 |
Bunge Global
BG
|
+$71M |
| 2 |
RAD
Rite Aid Corporation
RAD
|
+$62.1M |
| 3 |
ARRS
ARRIS International plc Ordinary Shares
ARRS
|
+$57.3M |
| 4 |
Abercrombie & Fitch
ANF
|
+$57M |
| 5 |
FCS
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
|
+$51M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWX
Time Warner Inc
TWX
|
+$41.2M |
| 2 |
Whirlpool
WHR
|
+$39.9M |
| 3 |
Lockheed Martin
LMT
|
+$37.9M |
| 4 |
Intuit
INTU
|
+$37.1M |
| 5 |
United Therapeutics
UTHR
|
+$36.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 21.05% |
| 2 | Technology | 20.56% |
| 3 | Consumer Discretionary | 18.37% |
| 4 | Healthcare | 13.15% |
| 5 | Consumer Staples | 12.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Unifirst Corp
UNF
$5.25B
| $12.9M | 0.13% |
133,474
-54,119
| -29% | -$5.38M |
|
252
MKS Inc
MKSI
$18.9B
| $12.9M | 0.13% |
385,975
+86,465
| +29% | +$2.83M |
|
253
Asbury Automotive
ABG
$3.86B
| $12.8M | 0.13% |
198,875
+195,115
| +5,189% | +$13.5M |
|
254
RB Global
RBA
$16.1B
| $12.8M | 0.13% |
571,469
+471,610
| +472% | +$11.2M |
|
255
International Paper
IP
$22B
| $12.7M | 0.13% |
281,895
+28,268
| +11% | +$1.3M |
|
256
Zumiez
ZUMZ
$308M
| $12.7M | 0.13% |
451,823
+51,331
| +13% | +$1.51M |
|
|
AXLL
257
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $12.6M | 0.12% |
350,603
+31,059
| +10% | +$1.31M |
|
258
CGI
GIB
$15.5B
| $12.4M | 0.12% |
366,463
+204,190
| +126% | +$7.18M |
|
|
ICON
259
DELISTED
Iconix Brand Group, Inc.
ICON
| $12.2M | 0.12% |
33,025
-9,407
| -22% | -$3.88M |
|
|
SCS
260
DELISTED
Steelcase
SCS
| $12M | 0.12% |
742,574
-482,578
| -39% | -$7.56M |
|
|
NTUS
261
DELISTED
Natus Medical Inc
NTUS
| $11.8M | 0.12% |
400,972
-194,911
| -33% | -$5.38M |
|
262
Watts Water Technologies
WTS
$12.5B
| $11.7M | 0.12% |
+201,324
| New | +$12.3M |
|
263
Ball Corp
BALL
$16.8B
| $11.7M | 0.12% |
369,188
+77,094
| +26% | +$2.46M |
|
264
Sysco
SYY
$40.2B
| $11.6M | 0.12% |
306,616
+1,814
| +0.6% | +$67.7K |
|
265
Avient
AVNT
$4.1B
| $11.6M | 0.12% |
325,246
+5,422
| +2% | +$213K |
|
266
Becton Dickinson
BDX
$52.3B
| $11.6M | 0.12% |
104,137
+21,826
| +27% | +$2.49M |
|
|
DBD
267
DELISTED
Diebold Nixdorf Incorporated
DBD
| $11.5M | 0.11% |
325,526
-501,613
| -61% | -$18.9M |
|
268
Integer Holdings
ITGR
$4.26B
| $11.3M | 0.11% |
290,065
+15,118
| +5% | +$646K |
|
269
Olin
OLN
$2.1B
| $11.2M | 0.11% |
445,303
-42,976
| -9% | -$1.14M |
|
|
CHS
270
DELISTED
Chicos FAS, Inc.
CHS
| $11M | 0.11% |
747,101
+733,851
| +5,538% | +$11.6M |
|
271
lululemon athletica
LULU
$13.7B
| $11M | 0.11% |
262,079
+65,502
| +33% | +$2.64M |
|
272
TransDigm Group
TDG
$66.4B
| $10.9M | 0.11% |
59,391
+57,654
| +3,319% | +$10.3M |
|
273
Carnival Corporation Ltd
CCL
$35.2B
| $10.9M | 0.11% |
+272,077
| New | +$10.3M |
|
274
Oil States International
OIS
$522M
| $10.9M | 0.11% |
176,163
+34,870
| +25% | +$2.19M |
|
275
O-I Glass
OI
$1.1B
| $10.9M | 0.11% |
417,464
+35,146
| +9% | +$1.1M |
|
Similar funds
Joel Greenblatt's Q3 2014 Portfolio in Review
As of Q3 2014, Joel Greenblatt held 1,164 positions worth $10.1B, up 26% from $7.99B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Joel Greenblatt deployed $2.32B of net new capital in Q3 2014, opening 184 new positions and adding to 372 existing holdings. Its largest new stake was ARRIS International plc Ordinary Shares: 1,834,577 shares worth $52M.
By sector, the portfolio is most concentrated in Industrials at 21% of assets, down from 24% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Time Warner Inc, an estimated $41.2M trimmed.
- Joel Greenblatt's largest Q3 2014 buy was ARRIS International plc Ordinary Shares: 1,834,577 shares worth $52M.
- Joel Greenblatt added most to Bunge Global in Q3 2014, an estimated $71M increase.
- Joel Greenblatt's biggest Q3 2014 reduction was Time Warner Inc, cutting an estimated $41.2M.
- Joel Greenblatt fully exited Intuit in Q3 2014, selling an estimated $37.1M.
- Joel Greenblatt's ten largest holdings make up 7.2% of its $10.1B portfolio in Q3 2014.
- Joel Greenblatt opened 184 new positions and closed 194 in Q3 2014.
- Joel Greenblatt's portfolio value rose 26% quarter-over-quarter to $10.1B.
Based on Gotham Asset Management's 13F filing for Q3 2014, filed 14 Nov 2014.