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 |
Tapestry
TPR
|
+$14.4M |
| 2 |
CNVR
CONVERSANT INC COM STK (DE)
CNVR
|
+$13.9M |
| 3 |
Pilgrim's Pride
PPC
|
+$12.6M |
| 4 |
WW
WW International
WW
|
+$12.1M |
| 5 |
URS
URS CORP
URS
|
+$11.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$26.5M |
| 2 |
GameStop
GME
|
+$16.7M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$15.1M |
| 4 |
Jabil
JBL
|
+$11.5M |
| 5 |
SGI
Somnigroup International
SGI
|
+$11.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 21.74% |
| 2 | Technology | 18.13% |
| 3 | Consumer Discretionary | 17.87% |
| 4 | Healthcare | 10.98% |
| 5 | Consumer Staples | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
SLB Ltd
SLB
$79.9B
| $2.05M | 0.07% |
23,164
+5,082
| +28% | +$418K |
|
|
MSB
427
Mesabi Trust
MSB
$299M
| $2.04M | 0.07% |
93,033
-4,832
| -5% | -$94.3K |
|
428
Lam Research
LRCX
$393B
| $2.04M | 0.07% |
+397,410
| New | +$1.94M |
|
429
Cato Corp
CATO
$58.3M
| $2.03M | 0.07% |
72,523
-8,225
| -10% | -$224K |
|
|
RPXC
430
DELISTED
RPX Corporation
RPXC
| $2.03M | 0.07% |
+115,482
| New | +$1.97M |
|
431
Advanced Energy
AEIS
$11.4B
| $2.02M | 0.07% |
115,220
-62,376
| -35% | -$1.23M |
|
432
Insperity
NSP
$2.02B
| $2.01M | 0.07% |
107,130
-30,754
| -22% | -$519K |
|
|
NVE
433
DELISTED
NV ENERGY, INC
NVE
| $2.01M | 0.07% |
85,138
+7,002
| +9% | +$165K |
|
434
Cracker Barrel
CBRL
$1.29B
| $2M | 0.06% |
19,371
-942
| -5% | -$94.4K |
|
435
EXL Service
EXLS
$5.69B
| $1.99M | 0.06% |
349,430
+267,025
| +324% | +$1.53M |
|
|
MANT
436
DELISTED
Mantech International Corp
MANT
| $1.99M | 0.06% |
69,080
-93,309
| -57% | -$2.62M |
|
|
LHCG
437
DELISTED
LHC Group LLC
LHCG
| $1.97M | 0.06% |
84,045
+23,544
| +39% | +$540K |
|
438
Allegiant Air
ALGT
$2.24B
| $1.97M | 0.06% |
18,686
-10,683
| -36% | -$1.06M |
|
|
REGI
439
DELISTED
Renewable Energy Group, Inc.
REGI
| $1.97M | 0.06% |
+129,933
| New | +$1.94M |
|
|
MODV
440
DELISTED
ModivCare
MODV
| $1.97M | 0.06% |
68,495
+18,924
| +38% | +$532K |
|
|
MWW
441
DELISTED
Monster Worldwide Inc
MWW
| $1.95M | 0.06% |
441,171
+133,613
| +43% | +$655K |
|
|
TGNA
442
DELISTED
TEGNA Inc
TGNA
| $1.95M | 0.06% |
138,952
+2,934
| +2% | +$39.2K |
|
|
OA
443
DELISTED
Orbital ATK, Inc.
OA
| $1.93M | 0.06% |
19,822
-30,765
| -61% | -$2.92M |
|
|
B
444
DELISTED
Barnes Group Inc.
B
| $1.93M | 0.06% |
+55,316
| New | +$1.81M |
|
445
Caterpillar
CAT
$381B
| $1.93M | 0.06% |
23,125
+1,749
| +8% | +$148K |
|
446
Charles River Laboratories
CRL
$14.1B
| $1.92M | 0.06% |
41,454
-8,733
| -17% | -$401K |
|
|
IPCM
447
DELISTED
IPC HEALTHCARE INC COM DTD
IPCM
| $1.92M | 0.06% |
37,586
+27,284
| +265% | +$1.42M |
|
448
Gildan
GIL
$10.4B
| $1.91M | 0.06% |
82,082
+67,468
| +462% | +$1.51M |
|
449
Dolby
DLB
$6.11B
| $1.91M | 0.06% |
55,204
-5,851
| -10% | -$194K |
|
|
SPTN
450
DELISTED
SpartanNash
SPTN
| $1.9M | 0.06% |
+86,223
| New | +$1.81M |
|
Similar funds
Joel Greenblatt's Q3 2013 Portfolio in Review
As of Q3 2013, Joel Greenblatt held 1,022 positions worth $3.08B, up 32% from $2.33B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.
Joel Greenblatt deployed $539M of net new capital in Q3 2013, opening 183 new positions and adding to 402 existing holdings. Its largest new stake was Pilgrim's Pride: 761,966 shares worth $12.8M.
By sector, the portfolio is most concentrated in Industrials at 22% of assets, up from 22% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Wells Fargo, an estimated $26.5M trimmed.
- Joel Greenblatt's largest Q3 2013 buy was Pilgrim's Pride: 761,966 shares worth $12.8M.
- Joel Greenblatt added most to Tapestry in Q3 2013, an estimated $14.4M increase.
- Joel Greenblatt's biggest Q3 2013 reduction was Wells Fargo, cutting an estimated $26.5M.
- Joel Greenblatt fully exited SALIX PHARMACEUTICALS LTD DEL in Q3 2013, selling an estimated $8.43M.
- Joel Greenblatt's ten largest holdings make up 7.9% of its $3.08B portfolio in Q3 2013.
- Joel Greenblatt opened 183 new positions and closed 141 in Q3 2013.
- Joel Greenblatt's portfolio value rose 32% quarter-over-quarter to $3.08B.
Based on Gotham Asset Management's 13F filing for Q3 2013, filed 14 Nov 2013.