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 |
Qualcomm
QCOM
|
+$10.8M |
| 2 |
Sherwin-Williams
SHW
|
+$9.06M |
| 3 |
L3Harris
LHX
|
+$8.29M |
| 4 |
Thermo Fisher Scientific
TMO
|
+$8.14M |
| 5 |
Ford
F
|
+$8.06M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EOG Resources
EOG
|
+$16.5M |
| 2 |
Intuit
INTU
|
+$15.2M |
| 3 |
Automatic Data Processing
ADP
|
+$12.3M |
| 4 |
Ecolab
ECL
|
+$12M |
| 5 |
PPL
PPL Corp
PPL
|
+$9.85M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.92% |
| 2 | Consumer Discretionary | 16.37% |
| 3 | Industrials | 15.89% |
| 4 | Healthcare | 11.83% |
| 5 | Consumer Staples | 8.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Dell
DELL
$286B
| $1.47M | 0.05% |
+39,476
| New | +$1.37M |
|
|
UCTT
427
Ultra Clean Holdings
UCTT
$3.46B
| $1.46M | 0.05% |
46,965
-24,970
| -35% | -$697K |
|
428
General Dynamics
GD
$104B
| $1.46M | 0.05% |
9,815
-29,178
| -75% | -$4.27M |
|
429
Skywest
SKYW
$3.93B
| $1.45M | 0.05% |
36,061
-12,257
| -25% | -$448K |
|
430
Progress Software
PRGS
$1.82B
| $1.45M | 0.05% |
32,117
-4,518
| -12% | -$183K |
|
431
Southern Copper
SCCO
$182B
| $1.45M | 0.05% |
24,284
+5,205
| +27% | +$265K |
|
432
Healthcare Services Group
HCSG
$1.56B
| $1.44M | 0.05% |
51,297
-41,975
| -45% | -$1.02M |
|
433
CONMED
CNMD
$1.53B
| $1.44M | 0.05% |
12,837
-2,091
| -14% | -$198K |
|
434
Kontoor Brands
KTB
$4.48B
| $1.44M | 0.05% |
35,449
-2,568
| -7% | -$94.6K |
|
435
Adient
ADNT
$1.54B
| $1.44M | 0.05% |
41,282
-7,439
| -15% | -$210K |
|
|
CERN
436
DELISTED
Cerner Corp
CERN
| $1.43M | 0.05% |
18,269
-4,374
| -19% | -$324K |
|
|
TUP
437
DELISTED
Tupperware Brands Corporation
TUP
| $1.43M | 0.05% |
44,113
+9,171
| +26% | +$270K |
|
438
Federated Hermes
FHI
$4.76B
| $1.42M | 0.05% |
49,128
+3,928
| +9% | +$105K |
|
439
A.O. Smith
AOS
$8.57B
| $1.42M | 0.05% |
+25,812
| New | +$1.42M |
|
440
SS&C Technologies
SSNC
$19.5B
| $1.41M | 0.05% |
19,393
-46,088
| -70% | -$3.09M |
|
441
Blackbaud
BLKB
$2.16B
| $1.41M | 0.05% |
24,461
-33,057
| -57% | -$1.84M |
|
442
TJX Companies
TJX
$155B
| $1.41M | 0.05% |
20,598
+16,529
| +406% | +$1.01M |
|
|
PVG
443
DELISTED
PRETIUM RESOURCES INC.
PVG
| $1.4M | 0.05% |
121,748
+57,650
| +90% | +$694K |
|
|
WWE
444
DELISTED
World Wrestling Entertainment
WWE
| $1.39M | 0.05% |
29,010
+20,427
| +238% | +$857K |
|
445
CareDx
CDNA
$2.51B
| $1.39M | 0.05% |
19,199
-1,251
| -6% | -$72.5K |
|
446
Match Group
MTCH
$9.38B
| $1.39M | 0.05% |
9,195
-9,807
| -52% | -$1.3M |
|
447
Illumina
ILMN
$33.1B
| $1.39M | 0.05% |
3,853
-2,334
| -38% | -$744K |
|
448
Repligen
RGEN
$10.2B
| $1.38M | 0.05% |
7,188
-1,718
| -19% | -$313K |
|
449
Arrowhead Research
ARWR
$12.3B
| $1.38M | 0.05% |
17,915
-12,402
| -41% | -$793K |
|
450
Lumentum
LITE
$77.7B
| $1.38M | 0.05% |
14,504
-38,662
| -73% | -$3.33M |
|
Similar funds
Joel Greenblatt's Q4 2020 Portfolio in Review
As of Q4 2020, Joel Greenblatt held 1,145 positions worth $3.02B, down 2.9% from $3.11B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Joel Greenblatt withdrew a net $537M in Q4 2020, closing 161 positions and reducing 608 holdings. Its most notable exit was PPL Corp, an estimated $9.85M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Consumer Discretionary and Industrials.
Against the trend, Joel Greenblatt opened a new position in Sherwin-Williams worth $9.35M.
- Joel Greenblatt's largest Q4 2020 buy was Sherwin-Williams: 38,181 shares worth $9.35M.
- Joel Greenblatt added most to Qualcomm in Q4 2020, an estimated $10.8M increase.
- Joel Greenblatt's biggest Q4 2020 reduction was EOG Resources, cutting an estimated $16.5M.
- Joel Greenblatt fully exited PPL Corp in Q4 2020, selling an estimated $9.85M.
- Joel Greenblatt's ten largest holdings make up 13% of its $3.02B portfolio in Q4 2020.
- Joel Greenblatt opened 134 new positions and closed 161 in Q4 2020.
- Joel Greenblatt's portfolio value fell 2.9% quarter-over-quarter to $3.02B.
Based on Gotham Asset Management's 13F filing for Q4 2020, filed 16 Feb 2021.