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
|
+$123M |
| 2 |
NVIDIA
NVDA
|
+$47.4M |
| 3 |
ANSS
Ansys
ANSS
|
+$21.2M |
| 4 |
Gotham Enhanced 500 ETF
GSPY
|
+$20.9M |
| 5 |
Lincoln Electric
LECO
|
+$20.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$10.9M |
| 2 |
Duke Energy
DUK
|
+$10.2M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$9.29M |
| 4 |
MRSH
Marsh
MRSH
|
+$8.62M |
| 5 |
Incyte
INCY
|
+$7.89M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.91% |
| 2 | Industrials | 12.24% |
| 3 | Consumer Discretionary | 10.35% |
| 4 | Healthcare | 8.92% |
| 5 | Financials | 6.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Old Dominion Freight Line
ODFL
$41.8B
| $6.31M | 0.08% |
35,741
+1,001
| +3% | +$189K |
|
352
Lamar Advertising Co
LAMR
$15.5B
| $6.29M | 0.08% |
52,587
+15,752
| +43% | +$1.83M |
|
353
Phillips 66
PSX
$96.5B
| $6.22M | 0.08% |
44,049
+1,856
| +4% | +$275K |
|
354
Microchip Technology
MCHP
$40.3B
| $6.21M | 0.08% |
67,893
-8,030
| -11% | -$735K |
|
355
Darden Restaurants
DRI
$25.6B
| $6.21M | 0.08% |
41,009
+37,725
| +1,149% | +$5.74M |
|
356
FTI Consulting
FCN
$4.29B
| $6.2M | 0.08% |
28,783
+10,250
| +55% | +$2.19M |
|
357
KBR
KBR
$4.75B
| $6.18M | 0.08% |
96,360
+11,717
| +14% | +$757K |
|
358
United Parcel Service
UPS
$87.4B
| $6.17M | 0.08% |
45,074
+34,853
| +341% | +$4.99M |
|
|
AXON
359
Axon Enterprise
AXON
$48.5B
| $6.12M | 0.08% |
20,816
+2,108
| +11% | +$629K |
|
360
Vanguard Morningstar Value ETF
VTV
$194B
| $6.08M | 0.08% |
37,876
-5,773
| -13% | -$923K |
|
|
AZEK
361
DELISTED
The AZEK Co
AZEK
| $6.07M | 0.08% |
144,056
-36,078
| -20% | -$1.67M |
|
362
DTE Energy
DTE
$28.2B
| $6.06M | 0.08% |
54,551
+24,019
| +79% | +$2.68M |
|
363
Alliant Energy
LNT
$17.7B
| $6.05M | 0.08% |
118,933
+62,306
| +110% | +$3.13M |
|
364
Tyson Foods
TSN
$20.4B
| $6.05M | 0.08% |
105,896
+68,623
| +184% | +$4.01M |
|
365
American Financial Group
AFG
$12B
| $6.02M | 0.08% |
48,926
+10,482
| +27% | +$1.35M |
|
366
CenterPoint Energy
CNP
$25.8B
| $6.01M | 0.08% |
193,883
+35,145
| +22% | +$1.04M |
|
367
Agnico Eagle Mines
AEM
$110B
| $6M | 0.08% |
+91,723
| New | +$5.98M |
|
368
Vanguard S&P 500 ETF
VOO
$1.02T
| $5.99M | 0.08% |
11,979
+6,429
| +116% | +$3.09M |
|
369
Regeneron Pharmaceuticals
REGN
$85.3B
| $5.99M | 0.08% |
5,700
+2,345
| +70% | +$2.27M |
|
370
Universal Display
OLED
$3.89B
| $5.98M | 0.08% |
28,443
+2,258
| +9% | +$397K |
|
371
Cencora
COR
$61.8B
| $5.97M | 0.08% |
26,516
+7,325
| +38% | +$1.7M |
|
|
PPL
372
PPL Corp
PPL
$26.4B
| $5.95M | 0.08% |
215,097
+24,458
| +13% | +$686K |
|
373
Steel Dynamics
STLD
$32.9B
| $5.91M | 0.08% |
45,663
+20,138
| +79% | +$2.69M |
|
374
Datadog
DDOG
$81.1B
| $5.91M | 0.08% |
45,589
+6,193
| +16% | +$749K |
|
375
Sun Communities
SUI
$15B
| $5.91M | 0.08% |
49,109
+10,260
| +26% | +$1.22M |
|
Similar funds
Joel Greenblatt's Q2 2024 Portfolio in Review
As of Q2 2024, Joel Greenblatt held 1,531 positions worth $7.72B, up 17% from $6.62B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.17B of net new capital in Q2 2024, opening 165 new positions and adding to 726 existing holdings. Its largest new stake was monday.com: 92,920 shares worth $22.4M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Honeywell, an estimated $10.9M trimmed.
- Joel Greenblatt's largest Q2 2024 buy was monday.com: 92,920 shares worth $22.4M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $123M increase.
- Joel Greenblatt's biggest Q2 2024 reduction was Honeywell, cutting an estimated $10.9M.
- Joel Greenblatt fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $9.29M.
- Joel Greenblatt's ten largest holdings make up 25% of its $7.72B portfolio in Q2 2024.
- Joel Greenblatt opened 165 new positions and closed 124 in Q2 2024.
- Joel Greenblatt's portfolio value rose 17% quarter-over-quarter to $7.72B.
Based on Gotham Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.