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
|
+$128M |
| 2 |
NVIDIA
NVDA
|
+$27.8M |
| 3 |
Duke Energy
DUK
|
+$18.4M |
| 4 |
MRO
Marathon Oil Corporation
MRO
|
+$13.2M |
| 5 |
Qorvo
QRVO
|
+$11.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Super Micro Computer
SMCI
|
+$15.8M |
| 2 |
J.M. Smucker
SJM
|
+$10.6M |
| 3 |
HOLX
Hologic
HOLX
|
+$10.1M |
| 4 |
SPLK
Splunk Inc
SPLK
|
+$9M |
| 5 |
Emerson Electric
EMR
|
+$8.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.24% |
| 2 | Industrials | 12.84% |
| 3 | Consumer Discretionary | 10.7% |
| 4 | Healthcare | 8.81% |
| 5 | Financials | 6.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Equinix
EQIX
$105B
| $4.44M | 0.07% |
5,384
+21
| +0.4% | +$17.7K |
|
402
Realty Income
O
$59.2B
| $4.44M | 0.07% |
82,121
-15,383
| -16% | -$833K |
|
403
Wendy's
WEN
$1.72B
| $4.44M | 0.07% |
235,535
+143,971
| +157% | +$2.71M |
|
404
Vanguard Total International Bond ETF
BNDX
$82.6B
| $4.44M | 0.07% |
90,174
+3,559
| +4% | +$174K |
|
405
Universal Display
OLED
$3.95B
| $4.41M | 0.07% |
26,185
+4,188
| +19% | +$729K |
|
406
Motorola Solutions
MSI
$79.5B
| $4.41M | 0.07% |
12,421
+2,925
| +31% | +$963K |
|
407
S&P Global
SPGI
$127B
| $4.4M | 0.07% |
10,352
+6,174
| +148% | +$2.68M |
|
408
Lamar Advertising Co
LAMR
$15.3B
| $4.4M | 0.07% |
36,835
+6,396
| +21% | +$701K |
|
409
Rockwell Automation
ROK
$48.5B
| $4.38M | 0.07% |
15,049
-9,314
| -38% | -$2.68M |
|
410
Reynolds Consumer Products
REYN
$5.37B
| $4.38M | 0.07% |
153,400
+62,159
| +68% | +$1.75M |
|
411
Antero Midstream
AM
$10.5B
| $4.38M | 0.07% |
311,549
+108,938
| +54% | +$1.39M |
|
412
Primerica
PRI
$9.1B
| $4.37M | 0.07% |
17,281
+3,728
| +28% | +$882K |
|
413
Tandem Diabetes Care
TNDM
$1.55B
| $4.36M | 0.07% |
123,252
+47,979
| +64% | +$1.29M |
|
414
Cheniere Energy
LNG
$57.3B
| $4.32M | 0.07% |
26,813
+19,449
| +264% | +$3.13M |
|
415
IQVIA
IQV
$42.8B
| $4.31M | 0.07% |
17,040
+11,201
| +192% | +$2.61M |
|
416
Synopsys
SNPS
$76.2B
| $4.29M | 0.06% |
7,512
-4,536
| -38% | -$2.5M |
|
417
Allison Transmission
ALSN
$11B
| $4.28M | 0.06% |
52,749
-3,022
| -5% | -$204K |
|
418
Hasbro
HAS
$13.2B
| $4.26M | 0.06% |
75,395
+30,264
| +67% | +$1.54M |
|
419
Aon
AON
$75.3B
| $4.26M | 0.06% |
12,758
+5,473
| +75% | +$1.7M |
|
420
Seagate
STX
$193B
| $4.25M | 0.06% |
45,669
+381
| +0.8% | +$33.5K |
|
421
Crane NXT
CXT
$2.89B
| $4.22M | 0.06% |
68,206
+10,766
| +19% | +$631K |
|
422
Campbell Soup
CPB
$7.14B
| $4.21M | 0.06% |
94,769
+41,571
| +78% | +$1.8M |
|
423
Dover
DOV
$27.2B
| $4.2M | 0.06% |
23,718
+7,869
| +50% | +$1.27M |
|
424
Vontier
VNT
$4.46B
| $4.18M | 0.06% |
92,193
-10,616
| -10% | -$414K |
|
425
Azenta
AZTA
$1.64B
| $4.15M | 0.06% |
68,904
+4,290
| +7% | +$275K |
|
Similar funds
Joel Greenblatt's Q1 2024 Portfolio in Review
As of Q1 2024, Joel Greenblatt held 1,490 positions worth $6.62B, up 23% from $5.39B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $697M of net new capital in Q1 2024, opening 166 new positions and adding to 708 existing holdings. Its largest new stake was Qorvo: 104,363 shares worth $12M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Super Micro Computer, an estimated $15.8M trimmed.
- Joel Greenblatt's largest Q1 2024 buy was Qorvo: 104,363 shares worth $12M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $128M increase.
- Joel Greenblatt's biggest Q1 2024 reduction was Super Micro Computer, cutting an estimated $15.8M.
- Joel Greenblatt fully exited Splunk Inc in Q1 2024, selling an estimated $9M.
- Joel Greenblatt's ten largest holdings make up 25% of its $6.62B portfolio in Q1 2024.
- Joel Greenblatt opened 166 new positions and closed 124 in Q1 2024.
- Joel Greenblatt's portfolio value rose 23% quarter-over-quarter to $6.62B.
Based on Gotham Asset Management's 13F filing for Q1 2024, filed 15 May 2024.