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 |
BILL Holdings
BILL
|
+$41.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$35.9M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$35.8M |
| 4 |
PayPal
PYPL
|
+$17.4M |
| 5 |
NATI
National Instruments Corp
NATI
|
+$12.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pfizer
PFE
|
+$14M |
| 2 |
Lam Research
LRCX
|
+$12.7M |
| 3 |
Meta Platforms (Facebook)
META
|
+$9.54M |
| 4 |
VMW
VMware, Inc
VMW
|
+$9.3M |
| 5 |
Valvoline
VVV
|
+$9.03M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.4% |
| 2 | Industrials | 12.68% |
| 3 | Consumer Discretionary | 10.55% |
| 4 | Healthcare | 8.73% |
| 5 | Financials | 6.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Nutanix
NTNX
$18.3B
| $4.49M | 0.08% |
94,205
-7,347
| -7% | -$297K |
|
327
Alaska Air
ALK
$4.51B
| $4.45M | 0.08% |
113,866
+72,143
| +173% | +$2.57M |
|
328
Datadog
DDOG
$84.6B
| $4.43M | 0.08% |
36,531
+1,974
| +6% | +$203K |
|
|
MRO
329
DELISTED
Marathon Oil Corporation
MRO
| $4.43M | 0.08% |
183,431
+30,855
| +20% | +$795K |
|
330
Williams Companies
WMB
$86.2B
| $4.43M | 0.08% |
127,155
+84,746
| +200% | +$2.97M |
|
331
VeriSign
VRSN
$25.5B
| $4.41M | 0.08% |
21,388
-4,636
| -18% | -$965K |
|
332
Franklin Templeton
BEN
$17.4B
| $4.38M | 0.08% |
147,000
-19,702
| -12% | -$490K |
|
333
Hanover Insurance
THG
$7.77B
| $4.36M | 0.08% |
35,945
-2,093
| -6% | -$249K |
|
334
Bath & Body Works
BBWI
$3.92B
| $4.36M | 0.08% |
101,014
-67,153
| -40% | -$2.27M |
|
335
Loews
L
$22.5B
| $4.36M | 0.08% |
62,604
+15,299
| +32% | +$1.02M |
|
336
Mid-America Apartment Communities
MAA
$15.2B
| $4.36M | 0.08% |
32,394
+11,232
| +53% | +$1.43M |
|
337
PACCAR
PCAR
$69B
| $4.35M | 0.08% |
44,582
-10,739
| -19% | -$965K |
|
338
Shift4
FOUR
$3.78B
| $4.34M | 0.08% |
+58,386
| New | +$3.48M |
|
339
Mattel
MAT
$4.15B
| $4.33M | 0.08% |
229,544
+88,560
| +63% | +$1.72M |
|
340
DTE Energy
DTE
$28.1B
| $4.32M | 0.08% |
39,197
-31,158
| -44% | -$3.19M |
|
341
Equinix
EQIX
$105B
| $4.32M | 0.08% |
5,363
-861
| -14% | -$661K |
|
342
Flowers Foods
FLO
$1.47B
| $4.3M | 0.08% |
191,200
+164,396
| +613% | +$3.55M |
|
343
Vanguard Total International Bond ETF
BNDX
$82.6B
| $4.28M | 0.08% |
86,615
| – | – |
|
344
Curtiss-Wright
CW
$23.5B
| $4.26M | 0.08% |
19,124
-1,460
| -7% | -$305K |
|
345
T. Rowe Price
TROW
$23.8B
| $4.26M | 0.08% |
39,550
-7,708
| -16% | -$768K |
|
346
Brookfield Renewable
BEPC
$6.17B
| $4.24M | 0.08% |
147,176
+112,082
| +319% | +$2.86M |
|
347
Evercore
EVR
$11.2B
| $4.22M | 0.08% |
24,664
-659
| -3% | -$95.4K |
|
348
Hayward Holdings
HAYW
$3.09B
| $4.22M | 0.08% |
310,148
-62,076
| -17% | -$764K |
|
349
Azenta
AZTA
$1.64B
| $4.21M | 0.08% |
64,614
-11,464
| -15% | -$622K |
|
350
Digital Realty Trust
DLR
$70.5B
| $4.21M | 0.08% |
31,267
+3,108
| +11% | +$401K |
|
Similar funds
Joel Greenblatt's Q4 2023 Portfolio in Review
As of Q4 2023, Joel Greenblatt held 1,470 positions worth $5.39B, up 11% from $4.84B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Joel Greenblatt's Q4 2023 filing shows 157 new, 492 increased, 650 reduced and 145 closed positions. Its largest new stake was Fidelity Fundamental Small-Mid Cap ETF: 457,078 shares worth $4.99M. The largest sale was Pfizer, an estimated $14M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
- Joel Greenblatt's largest Q4 2023 buy was Fidelity Fundamental Small-Mid Cap ETF: 457,078 shares worth $4.99M.
- Joel Greenblatt added most to BILL Holdings in Q4 2023, an estimated $41.5M increase.
- Joel Greenblatt's biggest Q4 2023 reduction was Pfizer, cutting an estimated $14M.
- Joel Greenblatt fully exited VMware, Inc in Q4 2023, selling an estimated $9.3M.
- Joel Greenblatt's ten largest holdings make up 24% of its $5.39B portfolio in Q4 2023.
- Joel Greenblatt opened 157 new positions and closed 145 in Q4 2023.
- Joel Greenblatt's portfolio value rose 11% quarter-over-quarter to $5.39B.
Based on Gotham Asset Management's 13F filing for Q4 2023, filed 14 Feb 2024.