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
|
+$208M |
| 2 |
NVIDIA
NVDA
|
+$74.8M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$49M |
| 4 |
Merck
MRK
|
+$20.3M |
| 5 |
GE Aerospace
GE
|
+$19.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Celanese
CE
|
+$14.3M |
| 2 |
ExxonMobil
XOM
|
+$11.5M |
| 3 |
APA Corp
APA
|
+$11.5M |
| 4 |
Kenvue
KVUE
|
+$10.7M |
| 5 |
Mattel
MAT
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.43% |
| 2 | Industrials | 11.88% |
| 3 | Consumer Discretionary | 10.29% |
| 4 | Healthcare | 9.07% |
| 5 | Financials | 5.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
RLI Corp
RLI
$6B
| $7.44M | 0.08% |
95,998
+27,266
| +40% | +$2.02M |
|
377
Humana
HUM
$45.5B
| $7.43M | 0.08% |
23,461
+6,198
| +36% | +$2.21M |
|
378
Essential Utilities
WTRG
$11.4B
| $7.4M | 0.08% |
191,938
-70,100
| -27% | -$2.75M |
|
379
Newmont
NEM
$139B
| $7.4M | 0.08% |
138,362
+60,331
| +77% | +$3M |
|
380
Hasbro
HAS
$13.2B
| $7.39M | 0.08% |
102,179
-27,990
| -22% | -$1.82M |
|
381
iShares Treasury Floating Rate Bond ETF
TFLO
$6.7B
| $7.38M | 0.08% |
+145,855
| New | +$7.37M |
|
382
Gain Therapeutics
GANX
$87.3M
| $7.38M | 0.08% |
+334,592
| New | +$421K |
|
383
Allison Transmission
ALSN
$11B
| $7.35M | 0.08% |
76,544
+15,560
| +26% | +$1.33M |
|
|
CTRA
384
DELISTED
Coterra Energy
CTRA
| $7.34M | 0.08% |
306,573
+224,050
| +272% | +$5.53M |
|
385
Cirrus Logic
CRUS
$5.78B
| $7.3M | 0.08% |
58,805
+27,699
| +89% | +$3.67M |
|
386
Cleveland-Cliffs
CLF
$6.43B
| $7.26M | 0.08% |
568,179
-289,087
| -34% | -$3.93M |
|
387
Pinterest
PINS
$13.3B
| $7.23M | 0.07% |
223,257
+116,854
| +110% | +$3.97M |
|
388
Gentex
GNTX
$4.98B
| $7.2M | 0.07% |
242,657
+136,035
| +128% | +$4.23M |
|
389
Travelers Companies
TRV
$75.8B
| $7.18M | 0.07% |
30,673
+6,377
| +26% | +$1.41M |
|
390
Middleby
MIDD
$5.22B
| $7.18M | 0.07% |
51,575
+17,489
| +51% | +$2.35M |
|
391
Avery Dennison
AVY
$13.9B
| $7.13M | 0.07% |
32,314
+6,754
| +26% | +$1.46M |
|
392
GoDaddy
GDDY
$12.3B
| $7.12M | 0.07% |
45,408
+28,800
| +173% | +$4.4M |
|
393
Advanced Drainage Systems
WMS
$10.8B
| $7.1M | 0.07% |
45,172
-6,945
| -13% | -$1.08M |
|
394
Vanguard Morningstar Value ETF
VTV
$193B
| $7.09M | 0.07% |
40,615
+2,739
| +7% | +$459K |
|
395
Cousins Properties
CUZ
$4.89B
| $7.02M | 0.07% |
238,271
+89,415
| +60% | +$2.41M |
|
396
Owens Corning
OC
$11.7B
| $7M | 0.07% |
39,681
-23,993
| -38% | -$4.04M |
|
397
Chewy
CHWY
$9.83B
| $7M | 0.07% |
238,903
+206,621
| +640% | +$5.51M |
|
398
Estee Lauder
EL
$36.9B
| $7M | 0.07% |
70,192
+7,095
| +11% | +$673K |
|
399
Vontier
VNT
$4.46B
| $6.99M | 0.07% |
207,289
+79,518
| +62% | +$2.83M |
|
400
KLA
KLAC
$240B
| $6.98M | 0.07% |
90,110
-39,290
| -30% | -$3.08M |
|
Similar funds
Joel Greenblatt's Q3 2024 Portfolio in Review
As of Q3 2024, Joel Greenblatt held 1,552 positions worth $9.67B, up 25% from $7.72B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.31B of net new capital in Q3 2024, opening 145 new positions and adding to 741 existing holdings. Its largest new stake was AST SpaceMobile: 520,630 shares worth $13.6M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Celanese, an estimated $14.3M trimmed.
- Joel Greenblatt's largest Q3 2024 buy was AST SpaceMobile: 520,630 shares worth $13.6M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $208M increase.
- Joel Greenblatt's biggest Q3 2024 reduction was Celanese, cutting an estimated $14.3M.
- Joel Greenblatt fully exited Corteva in Q3 2024, selling an estimated $9.36M.
- Joel Greenblatt's ten largest holdings make up 25% of its $9.67B portfolio in Q3 2024.
- Joel Greenblatt opened 145 new positions and closed 150 in Q3 2024.
- Joel Greenblatt's portfolio value rose 25% quarter-over-quarter to $9.67B.
Based on Gotham Asset Management's 13F filing for Q3 2024, filed 14 Nov 2024.