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 | |
|---|---|---|---|---|---|---|
376
TransDigm Group
TDG
$66.4B
| $2.32M | 0.07% |
3,680
-279
| -7% | -$164K |
|
377
Ball Corp
BALL
$16.8B
| $2.3M | 0.06% |
44,975
+28,760
| +177% | +$1.49M |
|
378
VICI Properties
VICI
$29.2B
| $2.29M | 0.06% |
70,690
+12,327
| +21% | +$396K |
|
379
Cencora
COR
$60.7B
| $2.28M | 0.06% |
13,776
-15,828
| -53% | -$2.5M |
|
380
Goldman Sachs
GS
$303B
| $2.27M | 0.06% |
6,602
+2,457
| +59% | +$855K |
|
381
Otis Worldwide
OTIS
$27.2B
| $2.26M | 0.06% |
28,921
-29,499
| -50% | -$2.18M |
|
382
Phillips 66
PSX
$96.9B
| $2.26M | 0.06% |
21,745
-5,124
| -19% | -$524K |
|
383
Hayward Holdings
HAYW
$3.09B
| $2.26M | 0.06% |
240,086
+122,696
| +105% | +$1.14M |
|
384
nVent Electric
NVT
$24.6B
| $2.25M | 0.06% |
58,520
+10,245
| +21% | +$378K |
|
385
Broadridge
BR
$20.8B
| $2.25M | 0.06% |
16,771
-4,165
| -20% | -$592K |
|
386
Valmont Industries
VMI
$9.38B
| $2.24M | 0.06% |
6,786
+3,168
| +88% | +$1M |
|
387
Rollins
ROL
$17.8B
| $2.23M | 0.06% |
+61,074
| New | +$2.37M |
|
388
Comstock Resources
CRK
$4.18B
| $2.23M | 0.06% |
162,483
+94,374
| +139% | +$1.61M |
|
389
IBM
IBM
$222B
| $2.23M | 0.06% |
15,799
+10,944
| +225% | +$1.51M |
|
390
Snap-on
SNA
$20.3B
| $2.22M | 0.06% |
9,722
+3,003
| +45% | +$679K |
|
|
391
Walt Disney
DIS
$186B
| $2.21M | 0.06% |
25,390
-92,998
| -79% | -$8.9M |
|
392
DT Midstream
DTM
$12.9B
| $2.2M | 0.06% |
39,816
-1,490
| -4% | -$85.2K |
|
393
Marriott International
MAR
$92.9B
| $2.17M | 0.06% |
14,608
+4,060
| +38% | +$625K |
|
394
Wyndham Hotels & Resorts
WH
$5.54B
| $2.17M | 0.06% |
30,464
-9,406
| -24% | -$665K |
|
395
Eaton
ETN
$163B
| $2.17M | 0.06% |
13,833
-719
| -5% | -$110K |
|
396
Ecolab
ECL
$78.9B
| $2.15M | 0.06% |
14,756
+1,109
| +8% | +$163K |
|
397
Lear
LEA
$8.56B
| $2.14M | 0.06% |
17,278
+9,447
| +121% | +$1.25M |
|
398
Pinterest
PINS
$13.3B
| $2.14M | 0.06% |
88,137
+6,723
| +8% | +$160K |
|
399
Public Storage
PSA
$60.2B
| $2.13M | 0.06% |
7,598
-3,103
| -29% | -$905K |
|
|
HOLX
400
DELISTED
Hologic
HOLX
| $2.12M | 0.06% |
28,404
-46,702
| -62% | -$3.33M |
|
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.