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 |
CBI
Chicago Bridge & Iron Nv
CBI
|
+$54.1M |
| 2 |
TW
TOWERS WATSON & CO COM STK CL A (DE)
TW
|
+$42.9M |
| 3 |
Teradata
TDC
|
+$40.2M |
| 4 |
Delta Air Lines
DAL
|
+$39.9M |
| 5 |
Monster Beverage
MNST
|
+$37.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$53.1M |
| 2 |
News Corp Class B
NWS
|
+$33.3M |
| 3 |
SLXP
SALIX PHARMACEUTICALS LTD DEL
SLXP
|
+$31.9M |
| 4 |
C.H. Robinson
CHRW
|
+$30.5M |
| 5 |
IM
Ingram Micro
IM
|
+$26.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 23.69% |
| 2 | Technology | 19.82% |
| 3 | Consumer Discretionary | 19.24% |
| 4 | Consumer Staples | 12.32% |
| 5 | Healthcare | 9.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
IM
376
DELISTED
Ingram Micro
IM
| $5.46M | 0.07% |
187,030
-952,323
| -84% | -$26.7M |
|
377
ON Semiconductor
ON
$28.9B
| $5.45M | 0.07% |
596,640
-490,956
| -45% | -$4.47M |
|
|
CVSA
378
Covista Inc
CVSA
$4.51B
| $5.44M | 0.07% |
128,579
+119,874
| +1,377% | +$5.1M |
|
379
Factset
FDS
$10.7B
| $5.42M | 0.07% |
45,050
-67,917
| -60% | -$7.37M |
|
|
CCMP
380
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $5.4M | 0.07% |
120,891
-193,558
| -62% | -$8.38M |
|
|
HOUS
381
DELISTED
Anywhere Real Estate
HOUS
| $5.38M | 0.07% |
+142,554
| New | +$5.53M |
|
382
SLB Ltd
SLB
$79.9B
| $5.36M | 0.07% |
45,455
-22,624
| -33% | -$2.33M |
|
|
GRMN
383
Garmin
GRMN
$56.9B
| $5.36M | 0.07% |
88,010
-20,811
| -19% | -$1.2M |
|
384
Eastman Chemical
EMN
$8.47B
| $5.35M | 0.07% |
61,290
-17,571
| -22% | -$1.53M |
|
385
Cisco
CSCO
$438B
| $5.32M | 0.07% |
214,093
-336,811
| -61% | -$8.03M |
|
386
McDonald's
MCD
$192B
| $5.29M | 0.07% |
52,537
-91,405
| -64% | -$9.23M |
|
387
Target
TGT
$75.1B
| $5.28M | 0.07% |
91,137
+60,538
| +198% | +$3.56M |
|
|
HOT
388
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $5.26M | 0.07% |
65,042
+59,283
| +1,029% | +$4.66M |
|
|
HOLX
389
DELISTED
Hologic
HOLX
| $5.22M | 0.07% |
205,907
+105,306
| +105% | +$2.46M |
|
390
Sanmina
SANM
$10.1B
| $5.14M | 0.06% |
225,644
-120,459
| -35% | -$2.44M |
|
|
SYKE
391
DELISTED
SYKES Enterprises Inc
SYKE
| $5.13M | 0.06% |
236,328
+217,264
| +1,140% | +$4.41M |
|
392
Unilever
UL
$138B
| $5.07M | 0.06% |
99,476
-677
| -0.7% | -$33.9K |
|
393
ESCO Technologies
ESE
$7.44B
| $5.07M | 0.06% |
146,291
+126,844
| +652% | +$4.34M |
|
394
Estee Lauder
EL
$36.9B
| $5.04M | 0.06% |
67,937
-187,969
| -73% | -$13.8M |
|
395
AutoZone
AZO
$48.3B
| $5.03M | 0.06% |
9,377
+3,007
| +47% | +$1.59M |
|
396
AbbVie
ABBV
$468B
| $5.02M | 0.06% |
88,923
-140,226
| -61% | -$7.36M |
|
397
Generac Holdings
GNRC
$12.2B
| $5M | 0.06% |
102,690
+81,888
| +394% | +$4.31M |
|
398
Murphy USA
MUSA
$10.5B
| $5M | 0.06% |
102,377
+22,596
| +28% | +$1.05M |
|
|
RDS.B
399
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $4.99M | 0.06% |
+57,359
| New | +$4.77M |
|
400
Emergent Biosolutions
EBS
$260M
| $4.99M | 0.06% |
221,928
-36,832
| -14% | -$858K |
|
Similar funds
Joel Greenblatt's Q2 2014 Portfolio in Review
As of Q2 2014, Joel Greenblatt held 1,196 positions worth $7.99B, up 20% from $6.64B the previous quarter. Its ten largest holdings account for 6.9% of the portfolio.
Joel Greenblatt deployed $1.17B of net new capital in Q2 2014, opening 202 new positions and adding to 378 existing holdings. Its largest new stake was Chicago Bridge & Iron Nv: 679,782 shares worth $46.4M.
By sector, the portfolio is most concentrated in Industrials at 24% of assets, up from 23% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was C.H. Robinson, an estimated $30.5M trimmed.
- Joel Greenblatt's largest Q2 2014 buy was Chicago Bridge & Iron Nv: 679,782 shares worth $46.4M.
- Joel Greenblatt added most to TOWERS WATSON & CO COM STK CL A (DE) in Q2 2014, an estimated $42.9M increase.
- Joel Greenblatt's biggest Q2 2014 reduction was C.H. Robinson, cutting an estimated $30.5M.
- Joel Greenblatt fully exited State Street SPDR S&P 500 ETF Trust in Q2 2014, selling an estimated $53.1M.
- Joel Greenblatt's ten largest holdings make up 6.9% of its $7.99B portfolio in Q2 2014.
- Joel Greenblatt opened 202 new positions and closed 216 in Q2 2014.
- Joel Greenblatt's portfolio value rose 20% quarter-over-quarter to $7.99B.
Based on Gotham Asset Management's 13F filing for Q2 2014, filed 14 Aug 2014.