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 | |
|---|---|---|---|---|---|---|
476
RB Global
RBA
$15.6B
| $4.16M | 0.05% |
54,485
+44,050
| +422% | +$3.3M |
|
477
Affirm
AFRM
$25.7B
| $4.15M | 0.05% |
137,522
+82,920
| +152% | +$2.66M |
|
478
ADT
ADT
$5.42B
| $4.15M | 0.05% |
545,639
+81,760
| +18% | +$566K |
|
479
Wendy's
WEN
$1.69B
| $4.15M | 0.05% |
244,493
+8,958
| +4% | +$163K |
|
480
Americold
COLD
$4.31B
| $4.13M | 0.05% |
+161,646
| New | +$3.96M |
|
481
Brookfield Renewable
BEPC
$6.1B
| $4.11M | 0.05% |
144,869
+72,731
| +101% | +$2.03M |
|
482
Cenovus Energy
CVE
$59.3B
| $4.09M | 0.05% |
207,794
+176,054
| +555% | +$3.56M |
|
483
Vistra
VST
$45.5B
| $4.06M | 0.05% |
47,220
-33,602
| -42% | -$2.81M |
|
484
Expedia Group
EXPE
$40.7B
| $4.06M | 0.05% |
32,223
-36,435
| -53% | -$4.49M |
|
485
Jones Lang LaSalle
JLL
$17.8B
| $4.06M | 0.05% |
19,755
+9,515
| +93% | +$1.85M |
|
486
DoubleVerify
DV
$2.06B
| $4.04M | 0.05% |
207,501
+101,587
| +96% | +$2.45M |
|
487
Baxter International
BAX
$13.7B
| $4.02M | 0.05% |
120,097
-36,846
| -23% | -$1.36M |
|
488
Boston Beer
SAM
$1.95B
| $4M | 0.05% |
13,102
+1,204
| +10% | +$345K |
|
489
Cirrus Logic
CRUS
$5.6B
| $3.97M | 0.05% |
31,106
+26,766
| +617% | +$2.81M |
|
490
Darling Ingredients
DAR
$9.83B
| $3.97M | 0.05% |
108,015
+24,390
| +29% | +$1.01M |
|
491
RPM International
RPM
$13.6B
| $3.95M | 0.05% |
36,712
+7,070
| +24% | +$783K |
|
492
Integra LifeSciences
IART
$1.3B
| $3.94M | 0.05% |
135,152
+124,079
| +1,121% | +$3.68M |
|
493
Trimble
TRMB
$14.1B
| $3.9M | 0.05% |
69,722
+28,067
| +67% | +$1.62M |
|
494
Twist Bioscience
TWST
$8.83B
| $3.9M | 0.05% |
79,052
+18,180
| +30% | +$741K |
|
495
Caesars Entertainment
CZR
$6.04B
| $3.89M | 0.05% |
98,011
-3,699
| -4% | -$139K |
|
496
Axalta
AXTA
$7.72B
| $3.89M | 0.05% |
113,838
+72,702
| +177% | +$2.49M |
|
497
Occidental Petroleum
OXY
$60.1B
| $3.88M | 0.05% |
61,553
-69,995
| -53% | -$4.49M |
|
498
Interactive Brokers
IBKR
$42.2B
| $3.86M | 0.05% |
125,996
-4,068
| -3% | -$121K |
|
499
Envista
NVST
$4.39B
| $3.84M | 0.05% |
230,713
-55,368
| -19% | -$1.05M |
|
500
Ubiquiti
UI
$33.5B
| $3.81M | 0.05% |
26,166
+6,074
| +30% | +$780K |
|
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.