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
|
+$44.4M |
| 2 |
Qualcomm
QCOM
|
+$16.8M |
| 3 |
Meta Platforms (Facebook)
META
|
+$15.7M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$15.1M |
| 5 |
Gotham Enhanced 500 ETF
GSPY
|
+$13.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Caterpillar
CAT
|
+$8.65M |
| 2 |
B
Barrick Mining
B
|
+$8.65M |
| 3 |
Coca-Cola
KO
|
+$8.49M |
| 4 |
Walmart Inc
WMT
|
+$8.26M |
| 5 |
Intel
INTC
|
+$8.17M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.32% |
| 2 | Healthcare | 12.14% |
| 3 | Industrials | 10.81% |
| 4 | Consumer Discretionary | 10.41% |
| 5 | Financials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
Iridium Communications
IRDM
$5.19B
| $1.42M | 0.04% |
35,318
-563
| -2% | -$21.2K |
|
452
Pembina Pipeline
PBA
$28.3B
| $1.42M | 0.04% |
+37,860
| New | +$1.28M |
|
453
Campbell Soup
CPB
$7.14B
| $1.42M | 0.04% |
31,925
+18,982
| +147% | +$839K |
|
454
Ionis Pharmaceuticals
IONS
$9.93B
| $1.42M | 0.04% |
+38,427
| New | +$1.26M |
|
455
SPS Commerce
SPSC
$2.92B
| $1.42M | 0.04% |
10,807
+2,105
| +24% | +$264K |
|
456
West Pharmaceutical
WST
$24.8B
| $1.41M | 0.04% |
3,443
+2,183
| +173% | +$855K |
|
|
DEN
457
DELISTED
Denbury Inc.
DEN
| $1.41M | 0.04% |
17,967
-1,176
| -6% | -$86.9K |
|
458
Southern Copper
SCCO
$182B
| $1.41M | 0.04% |
20,239
-14,619
| -42% | -$925K |
|
459
Wabtec
WAB
$50.3B
| $1.41M | 0.04% |
14,628
+1,556
| +12% | +$144K |
|
460
Crane NXT
CXT
$2.89B
| $1.41M | 0.04% |
37,346
-25,885
| -41% | -$932K |
|
|
VRNT
461
DELISTED
Verint Systems
VRNT
| $1.41M | 0.04% |
27,175
-3,114
| -10% | -$160K |
|
462
Texas Instruments
TXN
$241B
| $1.4M | 0.04% |
7,640
-19,460
| -72% | -$3.43M |
|
463
Newell Brands
NWL
$2.59B
| $1.4M | 0.04% |
65,236
-18,617
| -22% | -$430K |
|
464
Imperial Oil
IMO
$66.8B
| $1.38M | 0.04% |
28,629
+2,884
| +11% | +$124K |
|
465
Celanese
CE
$5.14B
| $1.38M | 0.04% |
9,647
-44,850
| -82% | -$6.85M |
|
|
COHR
466
DELISTED
Coherent Inc
COHR
| $1.38M | 0.04% |
5,035
-12,898
| -72% | -$3.37M |
|
467
McCormick & Company Non-Voting
MKC
$14.9B
| $1.38M | 0.04% |
13,782
+6,682
| +94% | +$653K |
|
|
SBNY
468
DELISTED
Signature Bank
SBNY
| $1.37M | 0.04% |
4,674
+1,455
| +45% | +$473K |
|
469
Tyler Technologies
TYL
$14.4B
| $1.36M | 0.04% |
3,054
+305
| +11% | +$137K |
|
470
Qiagen
QGEN
$9.1B
| $1.36M | 0.04% |
26,098
+6,143
| +31% | +$317K |
|
471
Lyft
LYFT
$6.61B
| $1.35M | 0.04% |
35,107
+26,871
| +326% | +$1.05M |
|
472
Sabre
SABR
$848M
| $1.35M | 0.04% |
117,963
+62,259
| +112% | +$610K |
|
473
Service Corp International
SCI
$11.4B
| $1.35M | 0.04% |
20,475
-13,140
| -39% | -$828K |
|
|
JNPR
474
DELISTED
Juniper Networks
JNPR
| $1.34M | 0.04% |
35,992
-2,557
| -7% | -$87.9K |
|
475
Airbnb
ABNB
$110B
| $1.33M | 0.04% |
7,739
-16,443
| -68% | -$2.62M |
|
Similar funds
Joel Greenblatt's Q1 2022 Portfolio in Review
As of Q1 2022, Joel Greenblatt held 1,287 positions worth $3.23B, up 4.2% from $3.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Joel Greenblatt deployed $253M of net new capital in Q1 2022, opening 161 new positions and adding to 542 existing holdings. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 260,811 shares worth $14.5M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Industrials.
On the sell side, the largest reduction was Caterpillar, an estimated $8.65M trimmed.
- Joel Greenblatt's largest Q1 2022 buy was iShares Core MSCI Emerging Markets ETF: 260,811 shares worth $14.5M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2022, an estimated $44.4M increase.
- Joel Greenblatt's biggest Q1 2022 reduction was Caterpillar, cutting an estimated $8.65M.
- Joel Greenblatt fully exited Xilinx Inc in Q1 2022, selling an estimated $4.46M.
- Joel Greenblatt's ten largest holdings make up 22% of its $3.23B portfolio in Q1 2022.
- Joel Greenblatt opened 161 new positions and closed 174 in Q1 2022.
- Joel Greenblatt's portfolio value rose 4.2% quarter-over-quarter to $3.23B.
Based on Gotham Asset Management's 13F filing for Q1 2022, filed 16 May 2022.