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 |
Humana
HUM
|
+$13M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$12.6M |
| 3 |
PayPal
PYPL
|
+$11.2M |
| 4 |
Lam Research
LRCX
|
+$10.5M |
| 5 |
ON Semiconductor
ON
|
+$8.83M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$11.8M |
| 2 |
Adobe
ADBE
|
+$11.2M |
| 3 |
Parker-Hannifin
PH
|
+$9.65M |
| 4 |
Walt Disney
DIS
|
+$8.9M |
| 5 |
FedEx
FDX
|
+$8.85M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.16% |
| 2 | Healthcare | 12.01% |
| 3 | Industrials | 10.55% |
| 4 | Consumer Discretionary | 10.05% |
| 5 | Financials | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Live Nation Entertainment
LYV
$42.4B
| $2.04M | 0.06% |
29,192
+15,416
| +112% | +$1.14M |
|
427
Halliburton
HAL
$29.4B
| $2.03M | 0.06% |
51,539
-62,466
| -55% | -$2.21M |
|
428
Hartford Financial Services
HIG
$36.9B
| $2.02M | 0.06% |
26,664
+159
| +0.6% | +$11.4K |
|
429
Synopsys
SNPS
$76.2B
| $2.02M | 0.06% |
6,329
-6,728
| -52% | -$2.11M |
|
430
Aon
AON
$75.3B
| $2.02M | 0.06% |
6,730
+1,136
| +20% | +$332K |
|
431
Raymond James Financial
RJF
$33.7B
| $2.01M | 0.06% |
18,853
-265
| -1% | -$29.7K |
|
432
Nutrien
NTR
$35.9B
| $2.01M | 0.06% |
27,556
+7,606
| +38% | +$601K |
|
433
DHT Holdings
DHT
$3.2B
| $1.99M | 0.06% |
224,553
+83,693
| +59% | +$761K |
|
434
Tandem Diabetes Care
TNDM
$1.55B
| $1.97M | 0.06% |
43,760
+34,763
| +386% | +$1.57M |
|
435
Digital Turbine
APPS
$1.32B
| $1.96M | 0.06% |
128,623
+64,687
| +101% | +$994K |
|
436
Evergy
EVRG
$18.7B
| $1.96M | 0.06% |
31,098
+6,282
| +25% | +$377K |
|
437
CBRE Group
CBRE
$44B
| $1.94M | 0.05% |
25,203
+5,667
| +29% | +$419K |
|
438
Intel
INTC
$476B
| $1.94M | 0.05% |
73,249
+23,054
| +46% | +$640K |
|
439
Mohawk Industries
MHK
$9.23B
| $1.93M | 0.05% |
+18,888
| New | +$1.85M |
|
440
Global Payments
GPN
$24.7B
| $1.92M | 0.05% |
19,292
+7,966
| +70% | +$831K |
|
441
Thor Industries
THO
$4.14B
| $1.91M | 0.05% |
25,253
-11,236
| -31% | -$903K |
|
442
Linde
LIN
$225B
| $1.9M | 0.05% |
5,838
-17,751
| -75% | -$5.56M |
|
443
MKS Inc
MKSI
$18.9B
| $1.9M | 0.05% |
22,474
+8,887
| +65% | +$712K |
|
444
ArcBest
ARCB
$3.14B
| $1.9M | 0.05% |
27,179
+7,395
| +37% | +$571K |
|
445
Cincinnati Financial
CINF
$25.8B
| $1.9M | 0.05% |
18,563
-5,057
| -21% | -$521K |
|
446
Jabil
JBL
$32.8B
| $1.89M | 0.05% |
27,759
+9,690
| +54% | +$640K |
|
|
BKI
447
DELISTED
Black Knight, Inc. Common Stock
BKI
| $1.89M | 0.05% |
30,615
-2,067
| -6% | -$126K |
|
448
Martin Marietta Materials
MLM
$32.1B
| $1.88M | 0.05% |
5,570
+1,762
| +46% | +$601K |
|
449
Crown Castle
CCI
$32.1B
| $1.88M | 0.05% |
13,859
+442
| +3% | +$59.8K |
|
|
CVSA
450
Covista Inc
CVSA
$4.51B
| $1.87M | 0.05% |
52,641
+18,251
| +53% | +$713K |
|
Similar funds
Joel Greenblatt's Q4 2022 Portfolio in Review
As of Q4 2022, Joel Greenblatt held 1,351 positions worth $3.55B, up 6.4% from $3.34B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Joel Greenblatt's Q4 2022 filing shows 195 new, 468 increased, 530 reduced and 150 closed positions. Its largest new stake was Albemarle: 27,723 shares worth $6.01M. The largest sale was Micron Technology, an estimated $11.8M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Healthcare and Industrials.
- Joel Greenblatt's largest Q4 2022 buy was Albemarle: 27,723 shares worth $6.01M.
- Joel Greenblatt added most to Humana in Q4 2022, an estimated $13M increase.
- Joel Greenblatt's biggest Q4 2022 reduction was Micron Technology, cutting an estimated $11.8M.
- Joel Greenblatt fully exited FedEx in Q4 2022, selling an estimated $8.85M.
- Joel Greenblatt's ten largest holdings make up 22% of its $3.55B portfolio in Q4 2022.
- Joel Greenblatt opened 195 new positions and closed 150 in Q4 2022.
- Joel Greenblatt's portfolio value rose 6.4% quarter-over-quarter to $3.55B.
Based on Gotham Asset Management's 13F filing for Q4 2022, filed 14 Feb 2023.