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 | |
|---|---|---|---|---|---|---|
276
Oil States International
OIS
$522M
| $9.05M | 0.11% |
141,293
+104,601
| +285% | +$6.15M |
|
|
BMS
277
DELISTED
Bemis
BMS
| $9.05M | 0.11% |
222,637
-35,573
| -14% | -$1.45M |
|
278
Plexus
PLXS
$6.4B
| $9.03M | 0.11% |
208,600
-127,806
| -38% | -$5.34M |
|
279
Fluor
FLR
$7.01B
| $8.98M | 0.11% |
116,840
-86,608
| -43% | -$6.6M |
|
|
MRO
280
DELISTED
Marathon Oil Corporation
MRO
| $8.98M | 0.11% |
224,912
+18,388
| +9% | +$678K |
|
281
Crown Holdings
CCK
$13B
| $8.96M | 0.11% |
179,991
-9,444
| -5% | -$453K |
|
282
Rogers Corp
ROG
$2.26B
| $8.95M | 0.11% |
134,816
-49,226
| -27% | -$3.04M |
|
283
Dillards
DDS
$9.71B
| $8.89M | 0.11% |
76,276
-235,551
| -76% | -$24.6M |
|
|
CORE
284
DELISTED
Core Mark Holding Co., Inc.
CORE
| $8.75M | 0.11% |
383,626
+257,382
| +204% | +$5.26M |
|
285
Moog Inc Class A
MOG.A
$12.3B
| $8.74M | 0.11% |
119,968
-45,439
| -27% | -$3.12M |
|
|
ANK
286
DELISTED
ATLANTIC TELE-NETWORK,INC
ANK
| $8.71M | 0.11% |
150,267
+53,897
| +56% | +$3.13M |
|
|
HPY
287
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $8.7M | 0.11% |
211,117
+169,930
| +413% | +$6.91M |
|
288
American Public Education
APEI
$835M
| $8.64M | 0.11% |
251,279
-77,622
| -24% | -$2.7M |
|
|
TBI
289
Trueblue
TBI
$323M
| $8.59M | 0.11% |
+311,694
| New | +$8.54M |
|
|
ESND
290
DELISTED
Essendant Inc.
ESND
| $8.52M | 0.11% |
+205,348
| New | +$8.05M |
|
|
TUP
291
DELISTED
Tupperware Brands Corporation
TUP
| $8.51M | 0.11% |
101,679
-57,192
| -36% | -$4.81M |
|
292
Landstar System
LSTR
$6.33B
| $8.51M | 0.11% |
132,887
+63,649
| +92% | +$3.99M |
|
293
Fabrinet
FN
$15.6B
| $8.47M | 0.11% |
411,071
+28,642
| +7% | +$580K |
|
294
Occidental Petroleum
OXY
$61.3B
| $8.27M | 0.1% |
84,141
+31,235
| +59% | +$2.94M |
|
295
DaVita
DVA
$11.1B
| $8.01M | 0.1% |
110,765
-106,450
| -49% | -$7.4M |
|
296
NVR
NVR
$16.9B
| $7.97M | 0.1% |
+6,930
| New | +$7.73M |
|
|
KNGT
297
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $7.96M | 0.1% |
334,851
+214,562
| +178% | +$5.1M |
|
298
lululemon athletica
LULU
$13.7B
| $7.96M | 0.1% |
196,577
+136,480
| +227% | +$6.23M |
|
|
ATVI
299
DELISTED
Activision Blizzard
ATVI
| $7.95M | 0.1% |
356,608
-435,897
| -55% | -$8.96M |
|
|
BIG
300
DELISTED
Big Lots, Inc.
BIG
| $7.95M | 0.1% |
173,867
+50,778
| +41% | +$2.06M |
|
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.