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 |
Dominion Energy
D
|
+$10.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$8.19M |
| 3 |
NXP Semiconductors
NXPI
|
+$7.89M |
| 4 |
Occidental Petroleum
OXY
|
+$7.78M |
| 5 |
FedEx
FDX
|
+$6.82M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$37.2M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$21.8M |
| 3 |
Amazon
AMZN
|
+$17.7M |
| 4 |
Quanta Services
PWR
|
+$15.2M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$13.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.25% |
| 2 | Consumer Discretionary | 15.93% |
| 3 | Industrials | 14.92% |
| 4 | Healthcare | 12.91% |
| 5 | Consumer Staples | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Newell Brands
NWL
$2.59B
| $2.21M | 0.1% |
82,705
-27,938
| -25% | -$693K |
|
277
Franklin Templeton
BEN
$17.4B
| $2.2M | 0.1% |
74,432
-99,671
| -57% | -$2.72M |
|
278
Williams-Sonoma
WSM
$28B
| $2.2M | 0.1% |
24,544
-77,834
| -76% | -$5.25M |
|
279
Louisiana-Pacific
LPX
$5.12B
| $2.17M | 0.1% |
39,091
-10,276
| -21% | -$466K |
|
|
QVCGA
280
DELISTED
QVC Group Inc Series A
QVCGA
| $2.16M | 0.1% |
3,674
-52
| -1% | -$32K |
|
281
Ubiquiti
UI
$33.8B
| $2.16M | 0.1% |
7,234
-367
| -5% | -$115K |
|
282
Illumina
ILMN
$33.1B
| $2.14M | 0.1% |
5,733
+1,880
| +49% | +$767K |
|
283
Lam Research
LRCX
$393B
| $2.14M | 0.1% |
35,960
-15,520
| -30% | -$846K |
|
284
Murphy USA
MUSA
$10.5B
| $2.13M | 0.1% |
14,740
-4,900
| -25% | -$633K |
|
285
Agilent Technologies
A
$44.9B
| $2.12M | 0.09% |
16,708
-25,685
| -61% | -$3.17M |
|
286
Jack in the Box
JACK
$331M
| $2.09M | 0.09% |
19,075
-22,030
| -54% | -$2.24M |
|
287
Simon Property Group
SPG
$70.6B
| $2.09M | 0.09% |
18,351
-28,371
| -61% | -$2.96M |
|
288
Southern Copper
SCCO
$182B
| $2.06M | 0.09% |
33,210
+8,926
| +37% | +$587K |
|
|
WBA
289
DELISTED
Walgreens Boots Alliance
WBA
| $2.06M | 0.09% |
37,504
-39,535
| -51% | -$1.95M |
|
290
MasTec
MTZ
$21.4B
| $2.05M | 0.09% |
+21,924
| New | +$1.88M |
|
291
Boyd Gaming
BYD
$5.87B
| $2.05M | 0.09% |
34,704
-30,267
| -47% | -$1.65M |
|
292
PENN Entertainment
PENN
$2.5B
| $2.05M | 0.09% |
+19,515
| New | +$2.16M |
|
293
Digital Turbine
APPS
$1.32B
| $2.02M | 0.09% |
25,197
-2,376
| -9% | -$174K |
|
294
Antero Midstream
AM
$10.5B
| $2.01M | 0.09% |
222,864
-46,296
| -17% | -$399K |
|
295
Corteva
CTVA
$54.6B
| $2.01M | 0.09% |
43,138
+34,930
| +426% | +$1.55M |
|
296
World Kinect Corp
WKC
$1.84B
| $1.99M | 0.09% |
56,616
-13,473
| -19% | -$457K |
|
297
DaVita
DVA
$11.1B
| $1.98M | 0.09% |
18,399
-43,988
| -71% | -$4.89M |
|
298
Amgen
AMGN
$238B
| $1.97M | 0.09% |
7,917
+3,876
| +96% | +$925K |
|
299
Jazz Pharmaceuticals
JAZZ
$16.5B
| $1.97M | 0.09% |
11,964
+10,163
| +564% | +$1.67M |
|
300
Range Resources
RRC
$9.59B
| $1.97M | 0.09% |
190,458
+53,227
| +39% | +$517K |
|
Similar funds
Joel Greenblatt's Q1 2021 Portfolio in Review
As of Q1 2021, Joel Greenblatt held 1,161 positions worth $2.24B, down 26% from $3.02B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Joel Greenblatt withdrew a net $1.04B in Q1 2021, closing 182 positions and reducing 614 holdings. Its most notable exit was Novavax, an estimated $9.66M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Consumer Discretionary and Industrials.
Against the trend, Joel Greenblatt opened a new position in Becton Dickinson worth $5.64M.
- Joel Greenblatt's largest Q1 2021 buy was Becton Dickinson: 23,757 shares worth $5.64M.
- Joel Greenblatt added most to Dominion Energy in Q1 2021, an estimated $10.5M increase.
- Joel Greenblatt's biggest Q1 2021 reduction was Apple, cutting an estimated $37.2M.
- Joel Greenblatt fully exited Novavax in Q1 2021, selling an estimated $9.66M.
- Joel Greenblatt's ten largest holdings make up 12% of its $2.24B portfolio in Q1 2021.
- Joel Greenblatt opened 177 new positions and closed 182 in Q1 2021.
- Joel Greenblatt's portfolio value fell 26% quarter-over-quarter to $2.24B.
Based on Gotham Asset Management's 13F filing for Q1 2021, filed 17 May 2021.