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 |
Humana
HUM
|
+$13M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$12.6M |
| 3 |
PayPal
PYPL
|
+$11.2M |
| 4 |
Lam Research
LRCX
|
+$10.5M |
| 5 |
ON Semiconductor
ON
|
+$8.83M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$11.8M |
| 2 |
Adobe
ADBE
|
+$11.2M |
| 3 |
Parker-Hannifin
PH
|
+$9.65M |
| 4 |
Walt Disney
DIS
|
+$8.9M |
| 5 |
FedEx
FDX
|
+$8.85M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.16% |
| 2 | Healthcare | 12.01% |
| 3 | Industrials | 10.55% |
| 4 | Consumer Discretionary | 10.05% |
| 5 | Financials | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Boeing
BA
$169B
| $2.51M | 0.07% |
13,174
-208
| -2% | -$34K |
|
|
MRSH
352
Marsh
MRSH
$91.6B
| $2.5M | 0.07% |
15,102
+12,225
| +425% | +$2M |
|
353
Southern Copper
SCCO
$182B
| $2.5M | 0.07% |
45,109
+12,462
| +38% | +$628K |
|
354
PPG Industries
PPG
$25.3B
| $2.48M | 0.07% |
19,723
-12,066
| -38% | -$1.48M |
|
355
Marvell Technology
MRVL
$213B
| $2.44M | 0.07% |
65,940
+49,910
| +311% | +$2.04M |
|
356
Iron Mountain
IRM
$36.3B
| $2.44M | 0.07% |
48,989
+9,216
| +23% | +$465K |
|
357
Applovin
APP
$102B
| $2.44M | 0.07% |
231,917
+161,902
| +231% | +$2.37M |
|
358
Lumen
LUMN
$6.13B
| $2.43M | 0.07% |
466,323
+307,918
| +194% | +$1.89M |
|
|
AVB
359
DELISTED
AvalonBay Communities
AVB
| $2.43M | 0.07% |
15,034
+4,654
| +45% | +$792K |
|
|
CNR
360
Core Natural Resources Inc
CNR
$4.72B
| $2.43M | 0.07% |
37,358
+5,509
| +17% | +$372K |
|
361
MSCI
MSCI
$41B
| $2.42M | 0.07% |
5,201
+4,288
| +470% | +$2M |
|
|
SWAV
362
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $2.41M | 0.07% |
11,722
-4,093
| -26% | -$1.03M |
|
363
KLA
KLAC
$240B
| $2.41M | 0.07% |
63,790
-19,780
| -24% | -$689K |
|
364
Carlyle Group
CG
$17.6B
| $2.4M | 0.07% |
80,340
+55,771
| +227% | +$1.59M |
|
365
NCR Voyix
VYX
$1.09B
| $2.38M | 0.07% |
165,577
+12,044
| +8% | +$160K |
|
366
Tetra Tech
TTEK
$9.47B
| $2.38M | 0.07% |
81,835
-69,655
| -46% | -$2.01M |
|
367
Tesla
TSLA
$1.43T
| $2.37M | 0.07% |
19,264
-3,858
| -17% | -$730K |
|
368
Thermo Fisher Scientific
TMO
$233B
| $2.37M | 0.07% |
4,299
+2,330
| +118% | +$1.23M |
|
369
Semtech
SMTC
$11.6B
| $2.36M | 0.07% |
82,166
+17,662
| +27% | +$501K |
|
370
Monolithic Power Systems
MPWR
$64.7B
| $2.35M | 0.07% |
6,633
-6,378
| -49% | -$2.29M |
|
371
Willis Towers Watson
WTW
$31.8B
| $2.34M | 0.07% |
9,571
-1,820
| -16% | -$416K |
|
372
Concentrix
CNXC
$1.55B
| $2.33M | 0.07% |
17,513
+2,770
| +19% | +$337K |
|
|
SYNH
373
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $2.33M | 0.07% |
63,521
+58,030
| +1,057% | +$2.29M |
|
374
Lattice Semiconductor
LSCC
$16.7B
| $2.33M | 0.07% |
35,905
-23,355
| -39% | -$1.41M |
|
375
Imperial Oil
IMO
$66.8B
| $2.32M | 0.07% |
47,640
-1,286
| -3% | -$66.3K |
|
Similar funds
Joel Greenblatt's Q4 2022 Portfolio in Review
As of Q4 2022, Joel Greenblatt held 1,351 positions worth $3.55B, up 6.4% from $3.34B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Joel Greenblatt's Q4 2022 filing shows 195 new, 468 increased, 530 reduced and 150 closed positions. Its largest new stake was Albemarle: 27,723 shares worth $6.01M. The largest sale was Micron Technology, an estimated $11.8M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Healthcare and Industrials.
- Joel Greenblatt's largest Q4 2022 buy was Albemarle: 27,723 shares worth $6.01M.
- Joel Greenblatt added most to Humana in Q4 2022, an estimated $13M increase.
- Joel Greenblatt's biggest Q4 2022 reduction was Micron Technology, cutting an estimated $11.8M.
- Joel Greenblatt fully exited FedEx in Q4 2022, selling an estimated $8.85M.
- Joel Greenblatt's ten largest holdings make up 22% of its $3.55B portfolio in Q4 2022.
- Joel Greenblatt opened 195 new positions and closed 150 in Q4 2022.
- Joel Greenblatt's portfolio value rose 6.4% quarter-over-quarter to $3.55B.
Based on Gotham Asset Management's 13F filing for Q4 2022, filed 14 Feb 2023.