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
|
+$123M |
| 2 |
NVIDIA
NVDA
|
+$47.4M |
| 3 |
ANSS
Ansys
ANSS
|
+$21.2M |
| 4 |
Gotham Enhanced 500 ETF
GSPY
|
+$20.9M |
| 5 |
Lincoln Electric
LECO
|
+$20.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$10.9M |
| 2 |
Duke Energy
DUK
|
+$10.2M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$9.29M |
| 4 |
MRSH
Marsh
MRSH
|
+$8.62M |
| 5 |
Incyte
INCY
|
+$7.89M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.91% |
| 2 | Industrials | 12.24% |
| 3 | Consumer Discretionary | 10.35% |
| 4 | Healthcare | 8.92% |
| 5 | Financials | 6.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ANSS
26
DELISTED
Ansys
ANSS
| $23M | 0.3% |
71,677
+64,697
| +927% | +$21.2M |
|
27
Vanguard Total Bond Market
BND
$161B
| $22.7M | 0.29% |
314,883
| – | – |
|
28
monday.com
MNDY
$3.84B
| $22.4M | 0.29% |
+92,920
| New | +$19.6M |
|
29
Gen Digital
GEN
$17.3B
| $21M | 0.27% |
841,741
+138,657
| +20% | +$3.17M |
|
30
Visa
V
$693B
| $21M | 0.27% |
80,016
+13,899
| +21% | +$3.81M |
|
31
CME Group
CME
$98.9B
| $19.9M | 0.26% |
101,422
+56,554
| +126% | +$11.7M |
|
32
Masco
MAS
$14.5B
| $19.9M | 0.26% |
298,786
+80,268
| +37% | +$5.66M |
|
33
Applied Materials
AMAT
$391B
| $19.7M | 0.26% |
83,665
-14,005
| -14% | -$3.01M |
|
34
Deckers Outdoor
DECK
$12.5B
| $19.7M | 0.25% |
121,812
+7,908
| +7% | +$1.22M |
|
35
CrowdStrike
CRWD
$195B
| $19.5M | 0.25% |
203,800
+78,080
| +62% | +$6.49M |
|
36
Gilead Sciences
GILD
$181B
| $19.3M | 0.25% |
281,452
+133,164
| +90% | +$8.89M |
|
37
Builders FirstSource
BLDR
$7.55B
| $18.8M | 0.24% |
135,974
+17,093
| +14% | +$2.9M |
|
38
Steris
STE
$23.2B
| $18.8M | 0.24% |
85,442
+72,002
| +536% | +$15.6M |
|
39
Lockheed Martin
LMT
$130B
| $18.2M | 0.24% |
38,955
+5,484
| +16% | +$2.53M |
|
40
Coca-Cola
KO
$392B
| $18.2M | 0.24% |
285,773
-20,194
| -7% | -$1.25M |
|
41
MasTec
MTZ
$21.4B
| $18.2M | 0.24% |
170,008
+43,528
| +34% | +$4.4M |
|
42
Applovin
APP
$102B
| $17.7M | 0.23% |
212,893
+37,280
| +21% | +$2.89M |
|
43
Home Depot
HD
$335B
| $17.4M | 0.22% |
50,441
-1,122
| -2% | -$383K |
|
44
Celanese
CE
$5.14B
| $17.3M | 0.22% |
128,478
+62,829
| +96% | +$9.6M |
|
45
Archer Daniels Midland
ADM
$38.7B
| $17.1M | 0.22% |
282,166
+59,629
| +27% | +$3.65M |
|
46
Merck
MRK
$376B
| $17M | 0.22% |
137,645
-39,263
| -22% | -$5.06M |
|
47
McCormick & Company Non-Voting
MKC
$14.9B
| $17M | 0.22% |
239,648
+85,080
| +55% | +$6.19M |
|
48
General Motors
GM
$77.2B
| $16.9M | 0.22% |
363,397
-26,732
| -7% | -$1.21M |
|
49
HP
HPQ
$27.2B
| $16.7M | 0.22% |
475,534
+4,851
| +1% | +$154K |
|
|
HOLX
50
DELISTED
Hologic
HOLX
| $16.4M | 0.21% |
221,288
+135,192
| +157% | +$10.1M |
|
Similar funds
Joel Greenblatt's Q2 2024 Portfolio in Review
As of Q2 2024, Joel Greenblatt held 1,531 positions worth $7.72B, up 17% from $6.62B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.17B of net new capital in Q2 2024, opening 165 new positions and adding to 726 existing holdings. Its largest new stake was monday.com: 92,920 shares worth $22.4M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Honeywell, an estimated $10.9M trimmed.
- Joel Greenblatt's largest Q2 2024 buy was monday.com: 92,920 shares worth $22.4M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $123M increase.
- Joel Greenblatt's biggest Q2 2024 reduction was Honeywell, cutting an estimated $10.9M.
- Joel Greenblatt fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $9.29M.
- Joel Greenblatt's ten largest holdings make up 25% of its $7.72B portfolio in Q2 2024.
- Joel Greenblatt opened 165 new positions and closed 124 in Q2 2024.
- Joel Greenblatt's portfolio value rose 17% quarter-over-quarter to $7.72B.
Based on Gotham Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.