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
|
+$128M |
| 2 |
NVIDIA
NVDA
|
+$27.8M |
| 3 |
Duke Energy
DUK
|
+$18.4M |
| 4 |
MRO
Marathon Oil Corporation
MRO
|
+$13.2M |
| 5 |
Qorvo
QRVO
|
+$11.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Super Micro Computer
SMCI
|
+$15.8M |
| 2 |
J.M. Smucker
SJM
|
+$10.6M |
| 3 |
HOLX
Hologic
HOLX
|
+$10.1M |
| 4 |
SPLK
Splunk Inc
SPLK
|
+$9M |
| 5 |
Emerson Electric
EMR
|
+$8.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.24% |
| 2 | Industrials | 12.84% |
| 3 | Consumer Discretionary | 10.7% |
| 4 | Healthcare | 8.81% |
| 5 | Financials | 6.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EXAS
351
DELISTED
Exact Sciences
EXAS
| $5.19M | 0.08% |
75,109
+8,650
| +13% | +$547K |
|
352
Kinder Morgan
KMI
$69B
| $5.16M | 0.08% |
281,549
-278,127
| -50% | -$4.86M |
|
353
Phinia Inc
PHIN
$2.67B
| $5.15M | 0.08% |
134,071
-979
| -0.7% | -$31.9K |
|
354
Deere & Co
DE
$175B
| $5.15M | 0.08% |
12,534
+5,968
| +91% | +$2.29M |
|
355
Cognex
CGNX
$10.2B
| $5.14M | 0.08% |
121,211
+34,183
| +39% | +$1.33M |
|
356
Fortinet
FTNT
$113B
| $5.13M | 0.08% |
75,056
+44,716
| +147% | +$2.98M |
|
357
Hewlett Packard
HPE
$70.8B
| $5.09M | 0.08% |
287,068
-187,477
| -40% | -$3.04M |
|
358
Essex Property Trust
ESS
$18.6B
| $5.07M | 0.08% |
20,703
+6,450
| +45% | +$1.54M |
|
359
ResMed
RMD
$33.4B
| $5.02M | 0.08% |
25,350
+13,971
| +123% | +$2.56M |
|
360
Sun Communities
SUI
$14.8B
| $5M | 0.08% |
38,849
+3,767
| +11% | +$489K |
|
361
Western Digital
WDC
$166B
| $4.99M | 0.08% |
96,758
+19,576
| +25% | +$857K |
|
362
Paychex
PAYX
$44.3B
| $4.96M | 0.07% |
40,379
+17,478
| +76% | +$2.12M |
|
363
MKS Inc
MKSI
$18.9B
| $4.91M | 0.07% |
36,925
+10,267
| +39% | +$1.19M |
|
364
SS&C Technologies
SSNC
$19.5B
| $4.9M | 0.07% |
76,079
+22,313
| +42% | +$1.39M |
|
365
Datadog
DDOG
$84.6B
| $4.87M | 0.07% |
39,396
+2,865
| +8% | +$360K |
|
366
Exelixis
EXEL
$13.4B
| $4.85M | 0.07% |
204,232
+47,837
| +31% | +$1.06M |
|
367
Becton Dickinson
BDX
$52.3B
| $4.84M | 0.07% |
19,579
+10,664
| +120% | +$2.55M |
|
|
GAP
368
The Gap Inc
GAP
$7.13B
| $4.83M | 0.07% |
175,307
-40,572
| -19% | -$856K |
|
369
Texas Instruments
TXN
$241B
| $4.82M | 0.07% |
27,692
+5,230
| +23% | +$872K |
|
|
AVB
370
DELISTED
AvalonBay Communities
AVB
| $4.81M | 0.07% |
25,942
+10,045
| +63% | +$1.81M |
|
371
Teleflex
TFX
$5.88B
| $4.78M | 0.07% |
21,131
+13,808
| +189% | +$3.28M |
|
372
International Flavors & Fragrances
IFF
$21.5B
| $4.77M | 0.07% |
55,494
+12,404
| +29% | +$996K |
|
373
Arthur J. Gallagher & Co
AJG
$67.6B
| $4.76M | 0.07% |
19,040
-1,068
| -5% | -$257K |
|
374
Okta
OKTA
$23.5B
| $4.74M | 0.07% |
+45,330
| New | +$4.18M |
|
375
Booz Allen Hamilton
BAH
$9.27B
| $4.74M | 0.07% |
31,919
+13,864
| +77% | +$1.95M |
|
Similar funds
Joel Greenblatt's Q1 2024 Portfolio in Review
As of Q1 2024, Joel Greenblatt held 1,490 positions worth $6.62B, up 23% from $5.39B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $697M of net new capital in Q1 2024, opening 166 new positions and adding to 708 existing holdings. Its largest new stake was Qorvo: 104,363 shares worth $12M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Super Micro Computer, an estimated $15.8M trimmed.
- Joel Greenblatt's largest Q1 2024 buy was Qorvo: 104,363 shares worth $12M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $128M increase.
- Joel Greenblatt's biggest Q1 2024 reduction was Super Micro Computer, cutting an estimated $15.8M.
- Joel Greenblatt fully exited Splunk Inc in Q1 2024, selling an estimated $9M.
- Joel Greenblatt's ten largest holdings make up 25% of its $6.62B portfolio in Q1 2024.
- Joel Greenblatt opened 166 new positions and closed 124 in Q1 2024.
- Joel Greenblatt's portfolio value rose 23% quarter-over-quarter to $6.62B.
Based on Gotham Asset Management's 13F filing for Q1 2024, filed 15 May 2024.