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
|
+$1.55B |
| 2 |
Apple
AAPL
|
+$341M |
| 3 |
NVIDIA
NVDA
|
+$216M |
| 4 |
iShares Russell 3000 ETF
IWV
|
+$112M |
| 5 |
Vanguard S&P 500 ETF
VOO
|
+$60.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$73.4M |
| 2 |
SNDK
Sandisk
SNDK
|
+$70.1M |
| 3 |
iShares 0-3 Month Treasury Bond ETF
SGOV
|
+$55.2M |
| 4 |
Amazon
AMZN
|
+$44.8M |
| 5 |
HI
Hillenbrand
HI
|
+$39.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.31% |
| 2 | Industrials | 11.45% |
| 3 | Consumer Discretionary | 9.44% |
| 4 | Healthcare | 7.44% |
| 5 | Financials | 5.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
VeriSign
VRSN
$25.5B
| $33.8M | 0.1% |
136,015
-63,606
| -32% | -$15.1M |
|
252
Teradata
TDC
$2.58B
| $33.8M | 0.1% |
1,317,601
+156,693
| +13% | +$4.57M |
|
253
Carpenter Technology
CRS
$24.4B
| $33.7M | 0.1% |
85,588
-3,997
| -4% | -$1.46M |
|
254
Automatic Data Processing
ADP
$112B
| $33.7M | 0.1% |
165,674
+65,051
| +65% | +$14.9M |
|
255
JPMorgan Chase
JPM
$935B
| $33.6M | 0.1% |
114,074
+3,420
| +3% | +$1.04M |
|
256
Casey's General Stores
CASY
$30.9B
| $33.5M | 0.1% |
46,020
+15,116
| +49% | +$9.85M |
|
257
Chubb
CB
$132B
| $33.3M | 0.1% |
102,260
+9,510
| +10% | +$3.05M |
|
258
Brown & Brown
BRO
$24.4B
| $33.3M | 0.1% |
510,021
+209,491
| +70% | +$15.1M |
|
259
Aptiv
APTV
$10B
| $33.2M | 0.1% |
477,935
+142,678
| +43% | +$11M |
|
260
Stanley Black & Decker
SWK
$15.1B
| $33.1M | 0.1% |
466,267
+200,548
| +75% | +$16.1M |
|
|
WCC
261
WESCO International
WCC
$17B
| $33.1M | 0.1% |
121,062
+19,154
| +19% | +$5.38M |
|
|
VSNT
262
Versant Media Group
VSNT
$5.39B
| $33.1M | 0.1% |
+893,983
| New | +$30.1M |
|
263
Walt Disney
DIS
$186B
| $33.1M | 0.1% |
342,917
-92,387
| -21% | -$9.76M |
|
264
Vanguard Total Bond Market
BND
$161B
| $33M | 0.1% |
447,772
+70,546
| +19% | +$5.23M |
|
265
eBay
EBAY
$46.3B
| $32.9M | 0.1% |
361,532
+139,625
| +63% | +$12.5M |
|
266
Uber
UBER
$161B
| $32.6M | 0.1% |
453,402
+204,919
| +82% | +$15.8M |
|
267
HP
HPQ
$27.2B
| $32.6M | 0.1% |
1,697,098
+516,023
| +44% | +$10M |
|
268
Fidelity Total Bond ETF
FBND
$27.3B
| $32.6M | 0.1% |
713,817
+203,331
| +40% | +$9.38M |
|
269
Lear
LEA
$8.56B
| $32.3M | 0.1% |
266,496
+94,792
| +55% | +$11.8M |
|
270
Oneok
OKE
$58.8B
| $32M | 0.1% |
354,099
+54,673
| +18% | +$4.5M |
|
271
Bright Horizons
BFAM
$3.54B
| $31.9M | 0.1% |
388,993
+178,420
| +85% | +$15M |
|
272
Match Group
MTCH
$9.38B
| $31.9M | 0.1% |
1,038,040
+529,197
| +104% | +$16.5M |
|
273
Intuit
INTU
$100B
| $31.8M | 0.1% |
73,604
+58,998
| +404% | +$28.1M |
|
274
Kyndryl
KD
$2.73B
| $31.7M | 0.1% |
2,417,338
+1,943,696
| +410% | +$34.2M |
|
275
Ametek
AME
$54.9B
| $31.7M | 0.1% |
147,756
+51,629
| +54% | +$11.5M |
|
Similar funds
Joel Greenblatt's Q1 2026 Portfolio in Review
As of Q1 2026, Joel Greenblatt held 1,878 positions worth $32.7B, up 19% from $27.4B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Joel Greenblatt deployed $5.65B of net new capital in Q1 2026, opening 159 new positions and adding to 937 existing holdings. Its largest new stake was iShares Russell 3000 ETF: 288,620 shares worth $107M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was State Street SPDR Bloomberg 1-3 Month T-Bill ETF, an estimated $73.4M trimmed.
- Joel Greenblatt's largest Q1 2026 buy was iShares Russell 3000 ETF: 288,620 shares worth $107M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2026, an estimated $1.55B increase.
- Joel Greenblatt's biggest Q1 2026 reduction was State Street SPDR Bloomberg 1-3 Month T-Bill ETF, cutting an estimated $73.4M.
- Joel Greenblatt fully exited Hillenbrand in Q1 2026, selling an estimated $39.3M.
- Joel Greenblatt's ten largest holdings make up 28% of its $32.7B portfolio in Q1 2026.
- Joel Greenblatt opened 159 new positions and closed 129 in Q1 2026.
- Joel Greenblatt's portfolio value rose 19% quarter-over-quarter to $32.7B.
Based on Gotham Asset Management's 13F filing for Q1 2026, filed 15 May 2026.