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 | |
|---|---|---|---|---|---|---|
476
Graphic Packaging
GPK
$3.54B
| $3.55M | 0.05% |
121,575
+35
| +0% | +$915 |
|
477
NCR Atleos
NATL
$3.43B
| $3.55M | 0.05% |
+179,571
| New | +$3.84M |
|
478
Carrier Global
CARR
$49.8B
| $3.54M | 0.05% |
60,977
-64,218
| -51% | -$3.61M |
|
|
CNR
479
Core Natural Resources Inc
CNR
$4.72B
| $3.54M | 0.05% |
42,316
+10,379
| +32% | +$926K |
|
480
Vulcan Materials
VMC
$35.8B
| $3.54M | 0.05% |
12,955
+5,846
| +82% | +$1.44M |
|
481
RPM International
RPM
$13.9B
| $3.53M | 0.05% |
29,642
-319
| -1% | -$35.5K |
|
482
Brinker International
EAT
$10.6B
| $3.51M | 0.05% |
70,565
+28,849
| +69% | +$1.28M |
|
483
Match Group
MTCH
$9.38B
| $3.5M | 0.05% |
96,395
+22,967
| +31% | +$830K |
|
484
Knife River
KNF
$3.76B
| $3.45M | 0.05% |
42,491
+11,888
| +39% | +$834K |
|
485
DTE Energy
DTE
$28.1B
| $3.42M | 0.05% |
30,532
-8,665
| -22% | -$935K |
|
486
Nordson
NDSN
$18.5B
| $3.42M | 0.05% |
12,457
+5,658
| +83% | +$1.47M |
|
487
Moody's
MCO
$87.2B
| $3.42M | 0.05% |
8,697
+1,887
| +28% | +$728K |
|
488
NCR Voyix
VYX
$1.09B
| $3.39M | 0.05% |
268,199
-134,404
| -33% | -$1.94M |
|
489
Frontdoor
FTDR
$5.69B
| $3.36M | 0.05% |
103,273
+5,573
| +6% | +$181K |
|
490
Invesco Short Term Treasury ETF
TBLL
$2.84B
| $3.31M | 0.05% |
+31,389
| New | +$3.31M |
|
491
Alexandria Real Estate Equities
ARE
$9.21B
| $3.31M | 0.05% |
25,668
-5,514
| -18% | -$679K |
|
492
Union Pacific
UNP
$183B
| $3.29M | 0.05% |
13,392
+8,652
| +183% | +$2.13M |
|
493
Procore
PCOR
$9.65B
| $3.28M | 0.05% |
39,918
+5,101
| +15% | +$379K |
|
494
Hershey
HSY
$37.5B
| $3.28M | 0.05% |
16,846
-3,651
| -18% | -$704K |
|
495
Roku
ROKU
$23.4B
| $3.25M | 0.05% |
49,905
+10,931
| +28% | +$850K |
|
|
CCC
496
CCC Intelligent Solutions
CCC
$4.39B
| $3.25M | 0.05% |
271,932
+186,749
| +219% | +$2.13M |
|
497
Samsara
IOT
$23.3B
| $3.25M | 0.05% |
86,062
-15,013
| -15% | -$511K |
|
498
DT Midstream
DTM
$12.9B
| $3.24M | 0.05% |
52,961
+11,386
| +27% | +$634K |
|
499
Reliance Steel & Aluminium
RS
$19.8B
| $3.24M | 0.05% |
9,683
+2,127
| +28% | +$647K |
|
500
RBC Bearings
RBC
$16B
| $3.23M | 0.05% |
11,955
+1,822
| +18% | +$492K |
|
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.