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
|
+$128M |
| 2 |
NVIDIA
NVDA
|
+$27.8M |
| 3 |
Duke Energy
DUK
|
+$18.4M |
| 4 |
MRO
Marathon Oil Corporation
MRO
|
+$13.2M |
| 5 |
Qorvo
QRVO
|
+$11.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Super Micro Computer
SMCI
|
+$15.8M |
| 2 |
J.M. Smucker
SJM
|
+$10.6M |
| 3 |
HOLX
Hologic
HOLX
|
+$10.1M |
| 4 |
SPLK
Splunk Inc
SPLK
|
+$9M |
| 5 |
Emerson Electric
EMR
|
+$8.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.24% |
| 2 | Industrials | 12.84% |
| 3 | Consumer Discretionary | 10.7% |
| 4 | Healthcare | 8.81% |
| 5 | Financials | 6.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Eagle Materials
EXP
$6.35B
| $7.14M | 0.11% |
26,287
-1,225
| -4% | -$289K |
|
252
Vanguard Morningstar Value ETF
VTV
$193B
| $7.11M | 0.11% |
43,649
+1,862
| +4% | +$287K |
|
253
Keysight
KEYS
$53.8B
| $7.1M | 0.11% |
45,391
+23,155
| +104% | +$3.56M |
|
254
Essential Utilities
WTRG
$11.4B
| $7.1M | 0.11% |
191,562
+33,188
| +21% | +$1.2M |
|
255
Hayward Holdings
HAYW
$3.09B
| $7.07M | 0.11% |
461,749
+151,601
| +49% | +$2.03M |
|
256
UiPath
PATH
$8.49B
| $7.03M | 0.11% |
310,171
-90,443
| -23% | -$2.12M |
|
257
Alphabet (Google) Class C
GOOG
$4.18T
| $7.02M | 0.11% |
46,124
+946
| +2% | +$137K |
|
258
Old Republic International
ORI
$10B
| $6.9M | 0.1% |
224,519
+46,308
| +26% | +$1.35M |
|
259
Zoom
ZM
$31.5B
| $6.89M | 0.1% |
105,470
+65,649
| +165% | +$4.38M |
|
260
Phillips 66
PSX
$96.9B
| $6.89M | 0.1% |
42,193
+10,632
| +34% | +$1.53M |
|
261
Roper Technologies
ROP
$40.7B
| $6.84M | 0.1% |
12,200
+3,474
| +40% | +$1.9M |
|
262
C.H. Robinson
CHRW
$16.5B
| $6.83M | 0.1% |
89,742
+45,772
| +104% | +$3.58M |
|
263
Microchip Technology
MCHP
$41.3B
| $6.81M | 0.1% |
75,923
-18,558
| -20% | -$1.6M |
|
264
Chemed
CHE
$7.07B
| $6.8M | 0.1% |
10,590
+1,084
| +11% | +$659K |
|
|
BLD
265
DELISTED
TopBuild
BLD
| $6.79M | 0.1% |
15,405
+2,039
| +15% | +$798K |
|
266
Waters Corp
WAT
$40.4B
| $6.78M | 0.1% |
19,710
+2,456
| +14% | +$807K |
|
267
W.W. Grainger
GWW
$61.8B
| $6.78M | 0.1% |
6,668
-3,302
| -33% | -$3.08M |
|
268
Amgen
AMGN
$238B
| $6.77M | 0.1% |
23,804
-17,586
| -42% | -$5.15M |
|
269
Constellation Brands
STZ
$23.2B
| $6.76M | 0.1% |
24,892
+3,184
| +15% | +$806K |
|
270
Intercontinental Exchange
ICE
$90.5B
| $6.71M | 0.1% |
48,843
+33,187
| +212% | +$4.41M |
|
|
HOLX
271
DELISTED
Hologic
HOLX
| $6.71M | 0.1% |
86,096
-136,032
| -61% | -$10.1M |
|
272
Baxter International
BAX
$13.6B
| $6.71M | 0.1% |
156,943
-75,791
| -33% | -$3.08M |
|
273
Emcor
EME
$34.3B
| $6.7M | 0.1% |
19,127
-12,885
| -40% | -$3.46M |
|
274
Amphenol
APH
$194B
| $6.68M | 0.1% |
115,898
+37,370
| +48% | +$1.96M |
|
275
Amdocs
DOX
$6.41B
| $6.68M | 0.1% |
73,923
+11,463
| +18% | +$1.04M |
|
Similar funds
Joel Greenblatt's Q1 2024 Portfolio in Review
As of Q1 2024, Joel Greenblatt held 1,490 positions worth $6.62B, up 23% from $5.39B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $697M of net new capital in Q1 2024, opening 166 new positions and adding to 708 existing holdings. Its largest new stake was Qorvo: 104,363 shares worth $12M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Super Micro Computer, an estimated $15.8M trimmed.
- Joel Greenblatt's largest Q1 2024 buy was Qorvo: 104,363 shares worth $12M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $128M increase.
- Joel Greenblatt's biggest Q1 2024 reduction was Super Micro Computer, cutting an estimated $15.8M.
- Joel Greenblatt fully exited Splunk Inc in Q1 2024, selling an estimated $9M.
- Joel Greenblatt's ten largest holdings make up 25% of its $6.62B portfolio in Q1 2024.
- Joel Greenblatt opened 166 new positions and closed 124 in Q1 2024.
- Joel Greenblatt's portfolio value rose 23% quarter-over-quarter to $6.62B.
Based on Gotham Asset Management's 13F filing for Q1 2024, filed 15 May 2024.