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 |
EOG Resources
EOG
|
+$19.5M |
| 2 |
Broadcom
AVGO
|
+$12.6M |
| 3 |
Intuit
INTU
|
+$12.1M |
| 4 |
Tyson Foods
TSN
|
+$12M |
| 5 |
Humana
HUM
|
+$10.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Medtronic
MDT
|
+$23M |
| 2 |
Biogen
BIIB
|
+$19.2M |
| 3 |
Apple
AAPL
|
+$16.6M |
| 4 |
Pfizer
PFE
|
+$15.6M |
| 5 |
AbbVie
ABBV
|
+$15.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.34% |
| 2 | Consumer Discretionary | 15.98% |
| 3 | Industrials | 14.14% |
| 4 | Healthcare | 12.08% |
| 5 | Consumer Staples | 8.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Ulta Beauty
ULTA
$22.4B
| $1.85M | 0.06% |
8,284
-20,960
| -72% | -$4.51M |
|
377
United Parcel Service
UPS
$86.8B
| $1.85M | 0.06% |
11,125
+8,653
| +350% | +$1.26M |
|
|
FISV
378
Fiserv Inc
FISV
$28B
| $1.84M | 0.06% |
17,885
-12,768
| -42% | -$1.27M |
|
379
Huntington Ingalls Industries
HII
$11.8B
| $1.84M | 0.06% |
13,050
+11,768
| +918% | +$1.89M |
|
380
Cirrus Logic
CRUS
$5.78B
| $1.81M | 0.06% |
26,903
-83,115
| -76% | -$5.21M |
|
381
Monolithic Power Systems
MPWR
$64.7B
| $1.81M | 0.06% |
6,486
-4,032
| -38% | -$1.05M |
|
382
Crown Castle
CCI
$32.1B
| $1.81M | 0.06% |
10,874
-112
| -1% | -$18.5K |
|
383
Saic
SAIC
$5.41B
| $1.81M | 0.06% |
23,051
-53,875
| -70% | -$4.24M |
|
384
Watsco Inc
WSO
$12.9B
| $1.81M | 0.06% |
+7,764
| New | +$1.75M |
|
385
TriNet
TNET
$3.24B
| $1.8M | 0.06% |
30,378
+2,553
| +9% | +$164K |
|
386
Neurocrine Biosciences
NBIX
$15.5B
| $1.8M | 0.06% |
18,712
+5,870
| +46% | +$679K |
|
387
CDW
CDW
$17.2B
| $1.8M | 0.06% |
15,039
+10,052
| +202% | +$1.15M |
|
|
ANSS
388
DELISTED
Ansys
ANSS
| $1.8M | 0.06% |
5,489
+406
| +8% | +$127K |
|
|
FLOW
389
DELISTED
SPX FLOW, Inc.
FLOW
| $1.78M | 0.06% |
41,493
-700
| -2% | -$29.2K |
|
390
Lattice Semiconductor
LSCC
$16.7B
| $1.78M | 0.06% |
61,324
-13,973
| -19% | -$411K |
|
391
Martin Marietta Materials
MLM
$32.1B
| $1.77M | 0.06% |
7,513
-4,576
| -38% | -$990K |
|
392
Phillips 66
PSX
$96.9B
| $1.76M | 0.06% |
33,961
-206,244
| -86% | -$12.6M |
|
393
Centene
CNC
$32.1B
| $1.75M | 0.06% |
+30,089
| New | +$1.87M |
|
394
O-I Glass
OI
$1.1B
| $1.75M | 0.06% |
165,516
+77,343
| +88% | +$827K |
|
395
RTX Corp
RTX
$283B
| $1.75M | 0.06% |
30,380
-163,147
| -84% | -$9.93M |
|
396
Union Pacific
UNP
$183B
| $1.74M | 0.06% |
8,860
+5,810
| +190% | +$1.08M |
|
397
Old Dominion Freight Line
ODFL
$42.8B
| $1.74M | 0.06% |
19,224
-3,032
| -14% | -$285K |
|
398
Advanced Drainage Systems
WMS
$10.8B
| $1.73M | 0.06% |
+27,765
| New | +$1.5M |
|
399
US Bancorp
USB
$96.7B
| $1.73M | 0.06% |
48,313
-51,450
| -52% | -$1.88M |
|
|
DBD
400
DELISTED
Diebold Nixdorf Incorporated
DBD
| $1.73M | 0.06% |
226,713
-3,711
| -2% | -$27.3K |
|
Similar funds
Joel Greenblatt's Q3 2020 Portfolio in Review
As of Q3 2020, Joel Greenblatt held 1,183 positions worth $3.11B, down 6.8% from $3.34B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Joel Greenblatt withdrew a net $465M in Q3 2020, closing 172 positions and reducing 541 holdings. Its most notable exit was Southwest Airlines, an estimated $14.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 20% a quarter earlier, followed by Consumer Discretionary and Industrials.
Against the trend, Joel Greenblatt opened a new position in Wingstop worth $6.01M.
- Joel Greenblatt's largest Q3 2020 buy was Wingstop: 43,971 shares worth $6.01M.
- Joel Greenblatt added most to EOG Resources in Q3 2020, an estimated $19.5M increase.
- Joel Greenblatt's biggest Q3 2020 reduction was Medtronic, cutting an estimated $23M.
- Joel Greenblatt fully exited Southwest Airlines in Q3 2020, selling an estimated $14.5M.
- Joel Greenblatt's ten largest holdings make up 13% of its $3.11B portfolio in Q3 2020.
- Joel Greenblatt opened 140 new positions and closed 172 in Q3 2020.
- Joel Greenblatt's portfolio value fell 6.8% quarter-over-quarter to $3.11B.
Based on Gotham Asset Management's 13F filing for Q3 2020, filed 16 Nov 2020.