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
|
+$123M |
| 2 |
NVIDIA
NVDA
|
+$47.4M |
| 3 |
ANSS
Ansys
ANSS
|
+$21.2M |
| 4 |
Gotham Enhanced 500 ETF
GSPY
|
+$20.9M |
| 5 |
Lincoln Electric
LECO
|
+$20.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$10.9M |
| 2 |
Duke Energy
DUK
|
+$10.2M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$9.29M |
| 4 |
MRSH
Marsh
MRSH
|
+$8.62M |
| 5 |
Incyte
INCY
|
+$7.89M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.91% |
| 2 | Industrials | 12.24% |
| 3 | Consumer Discretionary | 10.35% |
| 4 | Healthcare | 8.92% |
| 5 | Financials | 6.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Polaris
PII
$3.65B
| $8.46M | 0.11% |
108,037
-1,044
| -1% | -$88.4K |
|
252
Evergy
EVRG
$18.8B
| $8.45M | 0.11% |
159,559
-126
| -0.1% | -$6.7K |
|
253
Paychex
PAYX
$44.9B
| $8.41M | 0.11% |
70,965
+30,586
| +76% | +$3.74M |
|
254
Charter Communications
CHTR
$17.9B
| $8.37M | 0.11% |
27,993
+21,171
| +310% | +$5.78M |
|
255
Advanced Drainage Systems
WMS
$10.6B
| $8.36M | 0.11% |
52,117
+26
| +0% | +$4.34K |
|
256
Diamondback Energy
FANG
$57.4B
| $8.33M | 0.11% |
41,615
+27,702
| +199% | +$5.5M |
|
257
Intuitive Surgical
ISRG
$133B
| $8.32M | 0.11% |
18,711
+2,108
| +13% | +$840K |
|
258
NewMarket
NEU
$8.63B
| $8.31M | 0.11% |
16,116
+1,869
| +13% | +$1.04M |
|
259
Snap-on
SNA
$20.3B
| $8.31M | 0.11% |
31,775
+7,610
| +31% | +$2.09M |
|
260
Align Technology
ALGN
$11.4B
| $8.27M | 0.11% |
34,254
+20,551
| +150% | +$5.72M |
|
261
Revvity
RVTY
$13.7B
| $8.23M | 0.11% |
78,509
+9,725
| +14% | +$1.03M |
|
262
Hartford Financial Services
HIG
$37.7B
| $8.18M | 0.11% |
81,367
+2,119
| +3% | +$213K |
|
263
Union Pacific
UNP
$184B
| $8.12M | 0.11% |
35,882
+22,490
| +168% | +$5.27M |
|
264
FedEx
FDX
$77.8B
| $8.1M | 0.1% |
27,021
+691
| +3% | +$181K |
|
|
EXE
265
Expand Energy Corp
EXE
$22.2B
| $8.03M | 0.1% |
97,756
+14,533
| +17% | +$1.28M |
|
266
Moderna
MRNA
$55.6B
| $8M | 0.1% |
67,402
-4,408
| -6% | -$558K |
|
267
Clearway Energy Class C
CWEN
$6.63B
| $7.99M | 0.1% |
323,535
+222,691
| +221% | +$5.63M |
|
268
Colgate-Palmolive
CL
$73.2B
| $7.97M | 0.1% |
82,087
-9,163
| -10% | -$845K |
|
269
AbbVie
ABBV
$468B
| $7.9M | 0.1% |
46,082
-15,501
| -25% | -$2.57M |
|
270
Crane Co
CR
$11.9B
| $7.87M | 0.1% |
54,256
-7,567
| -12% | -$1.07M |
|
271
Automatic Data Processing
ADP
$112B
| $7.86M | 0.1% |
32,947
+8,566
| +35% | +$2.1M |
|
272
Nexstar Media Group
NXST
$5.76B
| $7.86M | 0.1% |
47,344
+34,690
| +274% | +$5.64M |
|
|
VSXY
273
Victoria's Secret
VSXY
$6.95B
| $7.84M | 0.1% |
443,706
+354,595
| +398% | +$6.75M |
|
274
Bio-Rad Laboratories Class A
BIO
$10.2B
| $7.84M | 0.1% |
28,696
-4,690
| -14% | -$1.36M |
|
275
Etsy
ETSY
$7.85B
| $7.82M | 0.1% |
132,548
+48,172
| +57% | +$3.08M |
|
Similar funds
Joel Greenblatt's Q2 2024 Portfolio in Review
As of Q2 2024, Joel Greenblatt held 1,531 positions worth $7.72B, up 17% from $6.62B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.17B of net new capital in Q2 2024, opening 165 new positions and adding to 726 existing holdings. Its largest new stake was monday.com: 92,920 shares worth $22.4M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Honeywell, an estimated $10.9M trimmed.
- Joel Greenblatt's largest Q2 2024 buy was monday.com: 92,920 shares worth $22.4M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $123M increase.
- Joel Greenblatt's biggest Q2 2024 reduction was Honeywell, cutting an estimated $10.9M.
- Joel Greenblatt fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $9.29M.
- Joel Greenblatt's ten largest holdings make up 25% of its $7.72B portfolio in Q2 2024.
- Joel Greenblatt opened 165 new positions and closed 124 in Q2 2024.
- Joel Greenblatt's portfolio value rose 17% quarter-over-quarter to $7.72B.
Based on Gotham Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.