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
|
+$208M |
| 2 |
NVIDIA
NVDA
|
+$74.8M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$49M |
| 4 |
Merck
MRK
|
+$20.3M |
| 5 |
GE Aerospace
GE
|
+$19.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Celanese
CE
|
+$14.3M |
| 2 |
ExxonMobil
XOM
|
+$11.5M |
| 3 |
APA Corp
APA
|
+$11.5M |
| 4 |
Kenvue
KVUE
|
+$10.7M |
| 5 |
Mattel
MAT
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.43% |
| 2 | Industrials | 11.88% |
| 3 | Consumer Discretionary | 10.29% |
| 4 | Healthcare | 9.07% |
| 5 | Financials | 5.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Ametek
AME
$54.9B
| $8.95M | 0.09% |
52,149
+22,071
| +73% | +$3.68M |
|
327
eBay
EBAY
$46.3B
| $8.92M | 0.09% |
136,930
+123
| +0.1% | +$7.08K |
|
328
Paychex
PAYX
$44.3B
| $8.91M | 0.09% |
66,411
-4,554
| -6% | -$578K |
|
329
Lamar Advertising Co
LAMR
$15.3B
| $8.89M | 0.09% |
66,518
+13,931
| +26% | +$1.7M |
|
330
TransUnion
TRU
$16.2B
| $8.88M | 0.09% |
84,771
+5,227
| +7% | +$471K |
|
331
Hayward Holdings
HAYW
$3.09B
| $8.87M | 0.09% |
578,453
+313,964
| +119% | +$4.35M |
|
332
Alphabet (Google) Class C
GOOG
$4.18T
| $8.86M | 0.09% |
52,985
+5,447
| +11% | +$922K |
|
333
Spotify
SPOT
$110B
| $8.84M | 0.09% |
23,993
+12,624
| +111% | +$4.2M |
|
334
Digital Realty Trust
DLR
$70.5B
| $8.82M | 0.09% |
54,530
+10,895
| +25% | +$1.67M |
|
335
Columbia Sportswear
COLM
$3.09B
| $8.82M | 0.09% |
106,074
-11,328
| -10% | -$909K |
|
336
Salesforce
CRM
$171B
| $8.8M | 0.09% |
32,153
-19,542
| -38% | -$5.01M |
|
337
American Financial Group
AFG
$11.9B
| $8.73M | 0.09% |
64,853
+15,927
| +33% | +$2.06M |
|
338
TE Connectivity
TEL
$58.9B
| $8.73M | 0.09% |
57,808
+23,194
| +67% | +$3.47M |
|
339
Cummins
CMI
$80.9B
| $8.71M | 0.09% |
26,914
+5,612
| +26% | +$1.66M |
|
340
Trane Technologies
TT
$99.8B
| $8.69M | 0.09% |
22,357
+8,186
| +58% | +$2.84M |
|
341
NXP Semiconductors
NXPI
$56.9B
| $8.68M | 0.09% |
36,178
+3,830
| +12% | +$960K |
|
342
Accenture
ACN
$113B
| $8.66M | 0.09% |
24,504
-11,505
| -32% | -$3.78M |
|
343
Xylem
XYL
$26.5B
| $8.64M | 0.09% |
63,997
+21,180
| +49% | +$2.83M |
|
344
RTX Corp
RTX
$283B
| $8.55M | 0.09% |
70,532
-21,236
| -23% | -$2.42M |
|
345
Kroger
KR
$35.5B
| $8.52M | 0.09% |
148,748
-7,563
| -5% | -$406K |
|
346
Service Corp International
SCI
$11.4B
| $8.47M | 0.09% |
107,290
+31,787
| +42% | +$2.42M |
|
347
Carlisle Companies
CSL
$14.6B
| $8.44M | 0.09% |
18,777
+14,421
| +331% | +$5.97M |
|
348
Sonoco
SON
$5.88B
| $8.42M | 0.09% |
154,200
+62,897
| +69% | +$3.29M |
|
349
ITT
ITT
$18.6B
| $8.41M | 0.09% |
56,256
+1,351
| +2% | +$184K |
|
350
PepsiCo
PEP
$196B
| $8.4M | 0.09% |
49,384
+40,162
| +436% | +$6.9M |
|
Similar funds
Joel Greenblatt's Q3 2024 Portfolio in Review
As of Q3 2024, Joel Greenblatt held 1,552 positions worth $9.67B, up 25% from $7.72B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.31B of net new capital in Q3 2024, opening 145 new positions and adding to 741 existing holdings. Its largest new stake was AST SpaceMobile: 520,630 shares worth $13.6M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Celanese, an estimated $14.3M trimmed.
- Joel Greenblatt's largest Q3 2024 buy was AST SpaceMobile: 520,630 shares worth $13.6M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $208M increase.
- Joel Greenblatt's biggest Q3 2024 reduction was Celanese, cutting an estimated $14.3M.
- Joel Greenblatt fully exited Corteva in Q3 2024, selling an estimated $9.36M.
- Joel Greenblatt's ten largest holdings make up 25% of its $9.67B portfolio in Q3 2024.
- Joel Greenblatt opened 145 new positions and closed 150 in Q3 2024.
- Joel Greenblatt's portfolio value rose 25% quarter-over-quarter to $9.67B.
Based on Gotham Asset Management's 13F filing for Q3 2024, filed 14 Nov 2024.