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
|
+$310M |
| 2 |
General Dynamics
GD
|
+$22.4M |
| 3 |
Gotham 1000 Value ETF
GVLU
|
+$21.7M |
| 4 |
Apple
AAPL
|
+$21.5M |
| 5 |
SLB Ltd
SLB
|
+$16.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MRO
Marathon Oil Corporation
MRO
|
+$24.5M |
| 2 |
NVIDIA
NVDA
|
+$24.3M |
| 3 |
Applovin
APP
|
+$21.5M |
| 4 |
Devon Energy
DVN
|
+$17.5M |
| 5 |
Carvana
CVNA
|
+$11.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.72% |
| 2 | Industrials | 11.59% |
| 3 | Consumer Discretionary | 10.28% |
| 4 | Healthcare | 8.66% |
| 5 | Financials | 6.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Adobe
ADBE
$109B
| $6.75M | 0.06% |
15,187
-5,862
| -28% | -$2.9M |
|
427
Analog Devices
ADI
$182B
| $6.64M | 0.06% |
31,275
+2,870
| +10% | +$634K |
|
428
KKR & Co
KKR
$97.4B
| $6.6M | 0.06% |
44,654
+435
| +1% | +$63.8K |
|
429
NCR Atleos
NATL
$3.43B
| $6.52M | 0.06% |
192,190
-32,618
| -15% | -$989K |
|
|
GRMN
430
Garmin
GRMN
$56.9B
| $6.5M | 0.06% |
31,532
-13,404
| -30% | -$2.63M |
|
431
Loews
L
$22.5B
| $6.47M | 0.06% |
76,396
+11,895
| +18% | +$980K |
|
432
Ametek
AME
$54.9B
| $6.46M | 0.06% |
35,827
-16,322
| -31% | -$2.97M |
|
433
JPMorgan Ultra-Short Income ETF
JPST
$40.6B
| $6.46M | 0.06% |
128,181
+8,251
| +7% | +$417K |
|
434
Prudential Financial
PRU
$41.8B
| $6.46M | 0.06% |
54,463
+10,727
| +25% | +$1.32M |
|
435
Northrop Grumman
NOC
$78.3B
| $6.45M | 0.06% |
13,737
+4,729
| +52% | +$2.38M |
|
436
Peloton Interactive
PTON
$2.37B
| $6.44M | 0.06% |
740,686
+133,983
| +22% | +$1.04M |
|
437
Parker-Hannifin
PH
$126B
| $6.44M | 0.06% |
10,125
-11,475
| -53% | -$7.6M |
|
438
HCA Healthcare
HCA
$92.9B
| $6.43M | 0.06% |
21,406
-924
| -4% | -$323K |
|
439
United Parcel Service
UPS
$86.8B
| $6.4M | 0.06% |
50,757
+25,861
| +104% | +$3.4M |
|
440
Essential Utilities
WTRG
$11.4B
| $6.39M | 0.06% |
175,920
-16,018
| -8% | -$622K |
|
441
Aon
AON
$75.3B
| $6.39M | 0.06% |
17,779
+4,939
| +38% | +$1.82M |
|
442
Exelon
EXC
$45.1B
| $6.37M | 0.06% |
169,181
+34,669
| +26% | +$1.34M |
|
443
Western Union
WU
$2.28B
| $6.36M | 0.06% |
600,208
+84,470
| +16% | +$936K |
|
444
Equinix
EQIX
$105B
| $6.33M | 0.06% |
6,718
+549
| +9% | +$505K |
|
445
CACI
CACI
$14.3B
| $6.33M | 0.06% |
15,669
+7,232
| +86% | +$3.52M |
|
446
Texas Pacific Land
TPL
$26.5B
| $6.32M | 0.06% |
17,148
+11,667
| +213% | +$4.77M |
|
447
Datadog
DDOG
$84.6B
| $6.32M | 0.06% |
44,210
-1,138
| -3% | -$156K |
|
448
ICU Medical
ICUI
$4.57B
| $6.3M | 0.06% |
40,610
+7,410
| +22% | +$1.25M |
|
449
Element Solutions
ESI
$8.6B
| $6.29M | 0.06% |
247,277
+78,755
| +47% | +$2.13M |
|
450
Comfort Systems
FIX
$58.3B
| $6.25M | 0.06% |
14,747
+1,383
| +10% | +$607K |
|
Similar funds
Joel Greenblatt's Q4 2024 Portfolio in Review
As of Q4 2024, Joel Greenblatt held 1,557 positions worth $10.5B, up 9.1% from $9.67B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Joel Greenblatt deployed $892M of net new capital in Q4 2024, opening 155 new positions and adding to 628 existing holdings. Its largest new stake was Talen Energy Corp: 36,437 shares worth $7.34M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was NVIDIA, an estimated $24.3M trimmed.
- Joel Greenblatt's largest Q4 2024 buy was Talen Energy Corp: 36,437 shares worth $7.34M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q4 2024, an estimated $310M increase.
- Joel Greenblatt's biggest Q4 2024 reduction was NVIDIA, cutting an estimated $24.3M.
- Joel Greenblatt fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $24.5M.
- Joel Greenblatt's ten largest holdings make up 27% of its $10.5B portfolio in Q4 2024.
- Joel Greenblatt opened 155 new positions and closed 136 in Q4 2024.
- Joel Greenblatt's portfolio value rose 9.1% quarter-over-quarter to $10.5B.
Based on Gotham Asset Management's 13F filing for Q4 2024, filed 14 Feb 2025.