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
|
+$1.73B |
| 2 |
NewMarket
NEU
|
+$67.2M |
| 3 |
Gen Digital
GEN
|
+$66.9M |
| 4 |
General Mills
GIS
|
+$63.7M |
| 5 |
Humana
HUM
|
+$63M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Western Digital
WDC
|
+$97.7M |
| 2 |
Micron Technology
MU
|
+$88M |
| 3 |
MASI
Masimo
MASI
|
+$60.7M |
| 4 |
SNDK
Sandisk
SNDK
|
+$55.1M |
| 5 |
Crown Holdings
CCK
|
+$46.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.32% |
| 2 | Industrials | 11.66% |
| 3 | Consumer Discretionary | 9.38% |
| 4 | Healthcare | 7.34% |
| 5 | Financials | 4.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Expedia Group
EXPE
$38.6B
| $108M | 0.25% |
421,774
+153,765
| +57% | +$36.5M |
|
|
27
Western Digital
WDC
$166B
| $107M | 0.25% |
166,756
-201,012
| -55% | -$97.7M |
|
28
Hewlett Packard
HPE
$70.8B
| $105M | 0.24% |
2,323,246
+19,954
| +0.9% | +$721K |
|
29
iShares Core MSCI Emerging Markets ETF
IEMG
$160B
| $104M | 0.24% |
1,254,834
+27,453
| +2% | +$2.19M |
|
|
30
NewMarket
NEU
$8.62B
| $104M | 0.24% |
130,865
+93,187
| +247% | +$67.2M |
|
31
Charles River Laboratories
CRL
$14.1B
| $98.2M | 0.23% |
433,146
+74,644
| +21% | +$13.3M |
|
32
Applied Materials
AMAT
$391B
| $97.7M | 0.23% |
135,167
-25,467
| -16% | -$11.8M |
|
|
EXE
33
Expand Energy Corp
EXE
$22.2B
| $97.6M | 0.23% |
1,070,113
+659,620
| +161% | +$62.6M |
|
34
TechnipFMC
FTI
$30.4B
| $96.2M | 0.22% |
1,451,521
+129,852
| +10% | +$9.19M |
|
35
Tesla
TSLA
$1.43T
| $93.8M | 0.22% |
223,026
+18,238
| +9% | +$7.25M |
|
36
Tapestry
TPR
$26B
| $93.5M | 0.22% |
638,910
+911
| +0.1% | +$131K |
|
37
nVent Electric
NVT
$24.6B
| $93.5M | 0.22% |
551,402
-12,302
| -2% | -$1.92M |
|
38
Comfort Systems
FIX
$58.3B
| $91.4M | 0.21% |
46,105
-2,716
| -6% | -$4.93M |
|
|
39
Humana
HUM
$45.5B
| $89.3M | 0.21% |
224,860
+221,442
| +6,479% | +$63M |
|
40
KLA
KLAC
$240B
| $88.6M | 0.21% |
293,586
-16,654
| -5% | -$3.31M |
|
41
Newmont
NEM
$139B
| $87.6M | 0.2% |
937,898
+225,130
| +32% | +$24.5M |
|
42
Jabil
JBL
$32.8B
| $87.6M | 0.2% |
227,129
-5,279
| -2% | -$1.82M |
|
43
Nordson
NDSN
$18.5B
| $85.4M | 0.2% |
282,929
+31,114
| +12% | +$8.83M |
|
44
Vanguard Morningstar Growth ETF
VUG
$225B
| $81.7M | 0.19% |
948,861
+94,545
| +11% | +$7.96M |
|
45
Incyte
INCY
$25.9B
| $81.6M | 0.19% |
719,545
+42,875
| +6% | +$4.25M |
|
46
APA Corp
APA
$15.2B
| $81.5M | 0.19% |
2,503,639
+184,130
| +8% | +$6.91M |
|
47
RBC Bearings
RBC
$16B
| $80.9M | 0.19% |
125,584
+9,242
| +8% | +$5.5M |
|
48
Meta Platforms (Facebook)
META
$1.4T
| $80.2M | 0.19% |
142,305
+1,126
| +0.8% | +$689K |
|
49
Cisco
CSCO
$438B
| $79.7M | 0.19% |
678,221
-90,121
| -12% | -$9.42M |
|
50
TD Synnex
SNX
$20B
| $79.6M | 0.19% |
297,733
-16,087
| -5% | -$3.88M |
|
Similar funds
Joel Greenblatt's Q2 2026 Portfolio in Review
As of Q2 2026, Joel Greenblatt held 1,921 positions worth $43B, up 32% from $32.7B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Joel Greenblatt deployed $5.85B of net new capital in Q2 2026, opening 172 new positions and adding to 854 existing holdings. Its largest new stake was On Holding: 754,800 shares worth $26.7M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Western Digital, an estimated $97.7M trimmed.
- Joel Greenblatt's largest Q2 2026 buy was On Holding: 754,800 shares worth $26.7M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $1.73B increase.
- Joel Greenblatt's biggest Q2 2026 reduction was Western Digital, cutting an estimated $97.7M.
- Joel Greenblatt fully exited Masimo in Q2 2026, selling an estimated $60.7M.
- Joel Greenblatt's ten largest holdings make up 28% of its $43B portfolio in Q2 2026.
- Joel Greenblatt opened 172 new positions and closed 130 in Q2 2026.
- Joel Greenblatt's portfolio value rose 32% quarter-over-quarter to $43B.
Based on Gotham Asset Management's 13F filing for Q2 2026, filed 14 Aug 2026.