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 |
Tapestry
TPR
|
+$14.4M |
| 2 |
CNVR
CONVERSANT INC COM STK (DE)
CNVR
|
+$13.9M |
| 3 |
Pilgrim's Pride
PPC
|
+$12.6M |
| 4 |
WW
WW International
WW
|
+$12.1M |
| 5 |
URS
URS CORP
URS
|
+$11.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$26.5M |
| 2 |
GameStop
GME
|
+$16.7M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$15.1M |
| 4 |
Jabil
JBL
|
+$11.5M |
| 5 |
SGI
Somnigroup International
SGI
|
+$11.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 21.74% |
| 2 | Technology | 18.13% |
| 3 | Consumer Discretionary | 17.87% |
| 4 | Healthcare | 10.98% |
| 5 | Consumer Staples | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Graco
GGG
$13.1B
| $2.6M | 0.08% |
105,486
+45,168
| +75% | +$1.06M |
|
|
MDP
352
DELISTED
Meredith Corporation
MDP
| $2.6M | 0.08% |
54,683
+2,731
| +5% | +$127K |
|
353
Resources Connection
RGP
$149M
| $2.6M | 0.08% |
191,840
-25,072
| -12% | -$328K |
|
354
Boeing
BA
$169B
| $2.6M | 0.08% |
+22,145
| New | +$2.39M |
|
355
Intuit
INTU
$100B
| $2.6M | 0.08% |
39,234
-42,606
| -52% | -$2.75M |
|
|
NPKI
356
NPK International
NPKI
$1.16B
| $2.6M | 0.08% |
205,539
+14,149
| +7% | +$167K |
|
357
Ralph Lauren
RL
$22.2B
| $2.59M | 0.08% |
15,735
-5,756
| -27% | -$999K |
|
|
PRSU
358
Pursuit Attractions and Hospitality Inc
PRSU
$1.33B
| $2.59M | 0.08% |
121,189
-8,642
| -7% | -$185K |
|
359
Quaker Houghton
KWR
$2.81B
| $2.56M | 0.08% |
35,118
-604
| -2% | -$40.9K |
|
360
AT&T
T
$173B
| $2.56M | 0.08% |
100,110
+44,374
| +80% | +$1.17M |
|
361
Equifax
EFX
$22.6B
| $2.54M | 0.08% |
42,517
+26,925
| +173% | +$1.66M |
|
362
RB Global
RBA
$16.1B
| $2.54M | 0.08% |
125,741
+37,913
| +43% | +$733K |
|
363
Green Dot
GDOT
$766M
| $2.53M | 0.08% |
96,200
-26,903
| -22% | -$622K |
|
364
CVS Health
CVS
$119B
| $2.53M | 0.08% |
44,606
+16,523
| +59% | +$985K |
|
365
Sally Beauty Holdings
SBH
$1.55B
| $2.53M | 0.08% |
+96,754
| New | +$2.71M |
|
366
Community Health Systems
CYH
$424M
| $2.52M | 0.08% |
73,500
+57,655
| +364% | +$2.04M |
|
|
MASI
367
DELISTED
Masimo
MASI
| $2.52M | 0.08% |
94,545
-42,293
| -31% | -$1.04M |
|
368
Coherent
COHR
$56.7B
| $2.52M | 0.08% |
133,902
+84,237
| +170% | +$1.57M |
|
|
DST
369
DELISTED
DST Systems Inc.
DST
| $2.52M | 0.08% |
66,756
+38,170
| +134% | +$1.38M |
|
370
HCA Healthcare
HCA
$92.9B
| $2.51M | 0.08% |
58,754
-68,188
| -54% | -$2.66M |
|
371
Transocean
RIG
$6.61B
| $2.51M | 0.08% |
56,450
+49,978
| +772% | +$2.36M |
|
|
CYT
372
DELISTED
CYTEC INDS INC
CYT
| $2.51M | 0.08% |
+61,706
| New | +$2.4M |
|
373
Aon
AON
$75.3B
| $2.5M | 0.08% |
33,516
-6,826
| -17% | -$468K |
|
|
OMG
374
DELISTED
OM GROUP INC.
OMG
| $2.5M | 0.08% |
73,865
-11,968
| -14% | -$373K |
|
|
ALJ
375
DELISTED
Alon USA Energy Inc
ALJ
| $2.48M | 0.08% |
243,413
-72,287
| -23% | -$893K |
|
Similar funds
Joel Greenblatt's Q3 2013 Portfolio in Review
As of Q3 2013, Joel Greenblatt held 1,022 positions worth $3.08B, up 32% from $2.33B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.
Joel Greenblatt deployed $539M of net new capital in Q3 2013, opening 183 new positions and adding to 402 existing holdings. Its largest new stake was Pilgrim's Pride: 761,966 shares worth $12.8M.
By sector, the portfolio is most concentrated in Industrials at 22% of assets, up from 22% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Wells Fargo, an estimated $26.5M trimmed.
- Joel Greenblatt's largest Q3 2013 buy was Pilgrim's Pride: 761,966 shares worth $12.8M.
- Joel Greenblatt added most to Tapestry in Q3 2013, an estimated $14.4M increase.
- Joel Greenblatt's biggest Q3 2013 reduction was Wells Fargo, cutting an estimated $26.5M.
- Joel Greenblatt fully exited SALIX PHARMACEUTICALS LTD DEL in Q3 2013, selling an estimated $8.43M.
- Joel Greenblatt's ten largest holdings make up 7.9% of its $3.08B portfolio in Q3 2013.
- Joel Greenblatt opened 183 new positions and closed 141 in Q3 2013.
- Joel Greenblatt's portfolio value rose 32% quarter-over-quarter to $3.08B.
Based on Gotham Asset Management's 13F filing for Q3 2013, filed 14 Nov 2013.