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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$82.2M |
| 2 |
Conagra Brands
CAG
|
+$63.5M |
| 3 |
Intuit
INTU
|
+$53.2M |
| 4 |
PARA
Paramount Global Class B
PARA
|
+$51.9M |
| 5 |
CVS Health
CVS
|
+$43M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Texas Instruments
TXN
|
+$40.5M |
| 2 |
Merck
MRK
|
+$39.5M |
| 3 |
DD
Du Pont De Nemours E I
DD
|
+$38.8M |
| 4 |
Viatris
VTRS
|
+$38.8M |
| 5 |
DaVita
DVA
|
+$37.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.31% |
| 2 | Industrials | 19.34% |
| 3 | Healthcare | 18.39% |
| 4 | Consumer Discretionary | 16.87% |
| 5 | Consumer Staples | 8.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Williams-Sonoma
WSM
$28B
| $3.79M | 0.05% |
145,410
-743,490
| -84% | -$20.4M |
|
427
Booz Allen Hamilton
BAH
$9.27B
| $3.79M | 0.05% |
+127,804
| New | +$3.66M |
|
428
Goodyear
GT
$1.72B
| $3.73M | 0.04% |
145,394
-403,533
| -74% | -$11.6M |
|
429
American International
AIG
$39.8B
| $3.71M | 0.04% |
+70,044
| New | +$3.87M |
|
430
Korn Ferry
KFY
$4.37B
| $3.68M | 0.04% |
177,768
+120,332
| +210% | +$3.29M |
|
431
McDonald's
MCD
$192B
| $3.67M | 0.04% |
30,536
-32,796
| -52% | -$4.11M |
|
|
CPLA
432
DELISTED
Capella Education Company
CPLA
| $3.67M | 0.04% |
69,819
+12,289
| +21% | +$641K |
|
433
Goldman Sachs
GS
$303B
| $3.66M | 0.04% |
+24,605
| New | +$3.84M |
|
|
SYNH
434
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $3.63M | 0.04% |
95,116
+21,744
| +30% | +$955K |
|
|
STJ
435
DELISTED
St Jude Medical
STJ
| $3.62M | 0.04% |
+46,348
| New | +$3.3M |
|
436
Whirlpool
WHR
$2.63B
| $3.59M | 0.04% |
21,547
-137,822
| -86% | -$24.3M |
|
437
Nabors Industries
NBR
$1.37B
| $3.57M | 0.04% |
7,100
-8,395
| -54% | -$3.97M |
|
438
Archrock
AROC
$5.58B
| $3.56M | 0.04% |
378,115
+339,231
| +872% | +$2.67M |
|
|
TPH
439
DELISTED
Tri Pointe Homes
TPH
| $3.56M | 0.04% |
301,359
-1,138,387
| -79% | -$13.3M |
|
|
MSGN
440
DELISTED
MSG Networks Inc.
MSGN
| $3.52M | 0.04% |
229,608
-446,988
| -66% | -$7.52M |
|
441
Canadian Pacific Kansas City
CP
$85B
| $3.51M | 0.04% |
136,240
+119,750
| +726% | +$3.23M |
|
|
SNCR
442
DELISTED
Synchronoss Technologies
SNCR
| $3.51M | 0.04% |
+12,237
| New | +$3.7M |
|
|
CATM
443
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $3.42M | 0.04% |
85,975
+40,204
| +88% | +$1.54M |
|
444
Valero Energy
VLO
$100B
| $3.41M | 0.04% |
66,808
-178,578
| -73% | -$10.1M |
|
|
ANSS
445
DELISTED
Ansys
ANSS
| $3.38M | 0.04% |
37,269
-15,965
| -30% | -$1.41M |
|
446
Enovis
ENOV
$1.5B
| $3.38M | 0.04% |
74,109
+67,384
| +1,002% | +$3.29M |
|
447
Cracker Barrel
CBRL
$1.29B
| $3.35M | 0.04% |
19,507
-59,363
| -75% | -$9.26M |
|
448
Arrow Electronics
ARW
$10.7B
| $3.33M | 0.04% |
53,775
-246,497
| -82% | -$15.7M |
|
|
TBI
449
Trueblue
TBI
$323M
| $3.27M | 0.04% |
+172,727
| New | +$3.61M |
|
450
Hubbell
HUBB
$24.8B
| $3.26M | 0.04% |
30,922
-11,464
| -27% | -$1.21M |
|
Similar funds
Joel Greenblatt's Q2 2016 Portfolio in Review
As of Q2 2016, Joel Greenblatt held 1,194 positions worth $8.34B, down 6.5% from $8.92B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Joel Greenblatt withdrew a net $527M in Q2 2016, closing 260 positions and reducing 357 holdings. Its most notable exit was Viatris, an estimated $38.8M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Industrials and Healthcare.
Against the trend, Joel Greenblatt opened a new position in Twenty-First Century Fox, Inc. Class A worth $76.3M.
- Joel Greenblatt's largest Q2 2016 buy was Twenty-First Century Fox, Inc. Class A: 2,822,168 shares worth $76.3M.
- Joel Greenblatt added most to Paramount Global Class B in Q2 2016, an estimated $51.9M increase.
- Joel Greenblatt's biggest Q2 2016 reduction was Texas Instruments, cutting an estimated $40.5M.
- Joel Greenblatt fully exited Viatris in Q2 2016, selling an estimated $38.8M.
- Joel Greenblatt's ten largest holdings make up 9% of its $8.34B portfolio in Q2 2016.
- Joel Greenblatt opened 244 new positions and closed 260 in Q2 2016.
- Joel Greenblatt's portfolio value fell 6.5% quarter-over-quarter to $8.34B.
Based on Gotham Asset Management's 13F filing for Q2 2016, filed 15 Aug 2016.