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 |
EOG Resources
EOG
|
+$19.5M |
| 2 |
Broadcom
AVGO
|
+$12.6M |
| 3 |
Intuit
INTU
|
+$12.1M |
| 4 |
Tyson Foods
TSN
|
+$12M |
| 5 |
Humana
HUM
|
+$10.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Medtronic
MDT
|
+$23M |
| 2 |
Biogen
BIIB
|
+$19.2M |
| 3 |
Apple
AAPL
|
+$16.6M |
| 4 |
Pfizer
PFE
|
+$15.6M |
| 5 |
AbbVie
ABBV
|
+$15.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.34% |
| 2 | Consumer Discretionary | 15.98% |
| 3 | Industrials | 14.14% |
| 4 | Healthcare | 12.08% |
| 5 | Consumer Staples | 8.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ALXN
301
DELISTED
Alexion Pharmaceuticals
ALXN
| $2.68M | 0.09% |
23,445
-26,005
| -53% | -$2.81M |
|
302
Simpson Manufacturing
SSD
$7.74B
| $2.67M | 0.09% |
27,524
-8,163
| -23% | -$774K |
|
303
Robert Half
RHI
$4.58B
| $2.67M | 0.09% |
50,442
-2,943
| -6% | -$157K |
|
304
Microchip Technology
MCHP
$41.3B
| $2.66M | 0.09% |
51,828
+47,114
| +999% | +$2.45M |
|
305
JPMorgan Chase
JPM
$935B
| $2.66M | 0.09% |
27,634
-24,996
| -47% | -$2.45M |
|
306
General Motors
GM
$77.2B
| $2.65M | 0.09% |
89,677
-18,483
| -17% | -$519K |
|
307
NOV
NOV
$7.28B
| $2.65M | 0.08% |
291,959
-34,127
| -10% | -$399K |
|
308
American Tower
AMT
$81.9B
| $2.63M | 0.08% |
10,890
-572
| -5% | -$145K |
|
|
PDCO
309
DELISTED
Patterson Companies, Inc.
PDCO
| $2.62M | 0.08% |
108,770
-20,864
| -16% | -$531K |
|
310
Idexx Laboratories
IDXX
$43.9B
| $2.62M | 0.08% |
+6,661
| New | +$2.46M |
|
311
Simon Property Group
SPG
$70.6B
| $2.62M | 0.08% |
40,493
+14,265
| +54% | +$935K |
|
312
Baker Hughes
BKR
$61.9B
| $2.6M | 0.08% |
+196,034
| New | +$3M |
|
313
Dick's Sporting Goods
DKS
$16.4B
| $2.58M | 0.08% |
44,543
+38,766
| +671% | +$1.89M |
|
314
McCormick & Company Non-Voting
MKC
$14.9B
| $2.57M | 0.08% |
26,496
-3,774
| -12% | -$369K |
|
|
ECHO
315
EchoStar
ECHO
$25.2B
| $2.54M | 0.08% |
102,096
-10,574
| -9% | -$295K |
|
316
Carter's
CRI
$1.31B
| $2.53M | 0.08% |
+29,249
| New | +$2.44M |
|
317
Sprouts Farmers Market
SFM
$7.56B
| $2.51M | 0.08% |
119,742
+33,544
| +39% | +$804K |
|
318
Nordic American Tanker
NAT
$1.48B
| $2.49M | 0.08% |
712,431
+146,313
| +26% | +$610K |
|
319
Charles River Laboratories
CRL
$14.1B
| $2.44M | 0.08% |
10,763
+2,342
| +28% | +$486K |
|
320
TransUnion
TRU
$16.2B
| $2.41M | 0.08% |
28,605
-4,449
| -13% | -$384K |
|
321
CenterPoint Energy
CNP
$25.5B
| $2.39M | 0.08% |
123,688
+113,497
| +1,114% | +$2.23M |
|
322
Antero Midstream
AM
$10.5B
| $2.39M | 0.08% |
445,304
+121,731
| +38% | +$742K |
|
323
Public Storage
PSA
$60.2B
| $2.36M | 0.08% |
10,616
-12,958
| -55% | -$2.65M |
|
324
BJs Wholesale Club
BJ
$12.3B
| $2.36M | 0.08% |
56,773
+36,856
| +185% | +$1.52M |
|
325
Evergy
EVRG
$18.7B
| $2.36M | 0.08% |
46,386
-44,700
| -49% | -$2.5M |
|
Similar funds
Joel Greenblatt's Q3 2020 Portfolio in Review
As of Q3 2020, Joel Greenblatt held 1,183 positions worth $3.11B, down 6.8% from $3.34B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Joel Greenblatt withdrew a net $465M in Q3 2020, closing 172 positions and reducing 541 holdings. Its most notable exit was Southwest Airlines, an estimated $14.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Consumer Discretionary and Industrials.
Against the trend, Joel Greenblatt opened a new position in Wingstop worth $6.01M.
- Joel Greenblatt's largest Q3 2020 buy was Wingstop: 43,971 shares worth $6.01M.
- Joel Greenblatt added most to EOG Resources in Q3 2020, an estimated $19.5M increase.
- Joel Greenblatt's biggest Q3 2020 reduction was Medtronic, cutting an estimated $23M.
- Joel Greenblatt fully exited Southwest Airlines in Q3 2020, selling an estimated $14.5M.
- Joel Greenblatt's ten largest holdings make up 13% of its $3.11B portfolio in Q3 2020.
- Joel Greenblatt opened 140 new positions and closed 172 in Q3 2020.
- Joel Greenblatt's portfolio value fell 6.8% quarter-over-quarter to $3.11B.
Based on Gotham Asset Management's 13F filing for Q3 2020, filed 16 Nov 2020.