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
|
+$128M |
| 2 |
NVIDIA
NVDA
|
+$27.8M |
| 3 |
Duke Energy
DUK
|
+$18.4M |
| 4 |
MRO
Marathon Oil Corporation
MRO
|
+$13.2M |
| 5 |
Qorvo
QRVO
|
+$11.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Super Micro Computer
SMCI
|
+$15.8M |
| 2 |
J.M. Smucker
SJM
|
+$10.6M |
| 3 |
HOLX
Hologic
HOLX
|
+$10.1M |
| 4 |
SPLK
Splunk Inc
SPLK
|
+$9M |
| 5 |
Emerson Electric
EMR
|
+$8.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.24% |
| 2 | Industrials | 12.84% |
| 3 | Consumer Discretionary | 10.7% |
| 4 | Healthcare | 8.81% |
| 5 | Financials | 6.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
Signet Jewelers
SIG
$3.16B
| $3.88M | 0.06% |
38,820
+21,083
| +119% | +$2.11M |
|
452
Shift4
FOUR
$3.78B
| $3.88M | 0.06% |
58,753
+367
| +0.6% | +$27.6K |
|
453
Wynn Resorts
WYNN
$10.3B
| $3.88M | 0.06% |
37,905
+19,638
| +108% | +$1.95M |
|
454
Skywest
SKYW
$3.93B
| $3.87M | 0.06% |
56,013
-7,060
| -11% | -$419K |
|
455
Manhattan Associates
MANH
$12.5B
| $3.86M | 0.06% |
15,422
-1,413
| -8% | -$336K |
|
456
American Airlines Group
AAL
$9.15B
| $3.82M | 0.06% |
248,879
-81,110
| -25% | -$1.18M |
|
|
BERY
457
DELISTED
Berry Global Group, Inc.
BERY
| $3.81M | 0.06% |
68,606
-27,430
| -29% | -$1.56M |
|
458
Donaldson
DCI
$10.8B
| $3.81M | 0.06% |
50,981
-18,780
| -27% | -$1.28M |
|
459
Xylem
XYL
$26.5B
| $3.8M | 0.06% |
29,365
+11,207
| +62% | +$1.35M |
|
460
Steel Dynamics
STLD
$32.8B
| $3.78M | 0.06% |
25,525
-4,424
| -15% | -$556K |
|
461
American Tower
AMT
$81.9B
| $3.78M | 0.06% |
19,134
-2,005
| -9% | -$399K |
|
462
Madison Square Garden
MSGS
$9.78B
| $3.78M | 0.06% |
20,479
+17,760
| +653% | +$3.3M |
|
463
Monster Beverage
MNST
$93.6B
| $3.74M | 0.06% |
126,198
+19,542
| +18% | +$562K |
|
464
Eastman Chemical
EMN
$8.47B
| $3.74M | 0.06% |
37,298
+2,447
| +7% | +$215K |
|
465
MDU Resources
MDU
$4.2B
| $3.73M | 0.06% |
267,097
-55,606
| -17% | -$643K |
|
466
DoubleVerify
DV
$2.06B
| $3.72M | 0.06% |
105,914
-2,159
| -2% | -$80.3K |
|
467
Opendoor
OPEN
$3.43B
| $3.71M | 0.06% |
1,264,892
-259,783
| -17% | -$811K |
|
|
PARA
468
DELISTED
Paramount Global Class B
PARA
| $3.67M | 0.06% |
+311,965
| New | +$3.92M |
|
469
Interactive Brokers
IBKR
$42.5B
| $3.63M | 0.05% |
130,064
-220
| -0.2% | -$5.48K |
|
470
Boston Beer
SAM
$1.91B
| $3.62M | 0.05% |
11,898
+1,147
| +11% | +$383K |
|
471
Tyler Technologies
TYL
$14.4B
| $3.6M | 0.05% |
8,468
+2,064
| +32% | +$882K |
|
472
iShares Core S&P Small-Cap ETF
IJR
$111B
| $3.6M | 0.05% |
32,536
+14,718
| +83% | +$1.56M |
|
473
Ross Stores
ROST
$76.7B
| $3.58M | 0.05% |
24,418
+19,778
| +426% | +$2.83M |
|
474
Certara
CERT
$1.29B
| $3.56M | 0.05% |
199,329
+49,734
| +33% | +$858K |
|
475
Norwegian Cruise Line
NCLH
$7.92B
| $3.56M | 0.05% |
169,965
+35,505
| +26% | +$646K |
|
Similar funds
Joel Greenblatt's Q1 2024 Portfolio in Review
As of Q1 2024, Joel Greenblatt held 1,490 positions worth $6.62B, up 23% from $5.39B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $697M of net new capital in Q1 2024, opening 166 new positions and adding to 708 existing holdings. Its largest new stake was Qorvo: 104,363 shares worth $12M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Super Micro Computer, an estimated $15.8M trimmed.
- Joel Greenblatt's largest Q1 2024 buy was Qorvo: 104,363 shares worth $12M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $128M increase.
- Joel Greenblatt's biggest Q1 2024 reduction was Super Micro Computer, cutting an estimated $15.8M.
- Joel Greenblatt fully exited Splunk Inc in Q1 2024, selling an estimated $9M.
- Joel Greenblatt's ten largest holdings make up 25% of its $6.62B portfolio in Q1 2024.
- Joel Greenblatt opened 166 new positions and closed 124 in Q1 2024.
- Joel Greenblatt's portfolio value rose 23% quarter-over-quarter to $6.62B.
Based on Gotham Asset Management's 13F filing for Q1 2024, filed 15 May 2024.