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
|
+$208M |
| 2 |
NVIDIA
NVDA
|
+$74.8M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$49M |
| 4 |
Merck
MRK
|
+$20.3M |
| 5 |
GE Aerospace
GE
|
+$19.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Celanese
CE
|
+$14.3M |
| 2 |
ExxonMobil
XOM
|
+$11.5M |
| 3 |
APA Corp
APA
|
+$11.5M |
| 4 |
Kenvue
KVUE
|
+$10.7M |
| 5 |
Mattel
MAT
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.43% |
| 2 | Industrials | 11.88% |
| 3 | Consumer Discretionary | 10.29% |
| 4 | Healthcare | 9.07% |
| 5 | Financials | 5.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
CNA Financial
CNA
$13.3B
| $5.24M | 0.05% |
106,968
+37,427
| +54% | +$1.83M |
|
477
Harley-Davidson
HOG
$2.93B
| $5.23M | 0.05% |
135,794
+129,377
| +2,016% | +$4.69M |
|
478
Datadog
DDOG
$84.6B
| $5.22M | 0.05% |
45,348
-241
| -0.5% | -$28.2K |
|
479
Comfort Systems
FIX
$58.3B
| $5.22M | 0.05% |
13,364
+12,398
| +1,283% | +$4.08M |
|
480
News Corp Class A
NWSA
$16.4B
| $5.18M | 0.05% |
194,558
+68,610
| +54% | +$1.86M |
|
481
Realty Income
O
$59.2B
| $5.12M | 0.05% |
80,775
-1,568
| -2% | -$93.3K |
|
482
Leggett & Platt
LEG
$1.29B
| $5.11M | 0.05% |
375,070
+88,143
| +31% | +$1.1M |
|
483
Tandem Diabetes Care
TNDM
$1.55B
| $5.1M | 0.05% |
120,306
-10,415
| -8% | -$442K |
|
484
Loews
L
$22.5B
| $5.1M | 0.05% |
64,501
+7,810
| +14% | +$613K |
|
485
Jack Henry & Associates
JKHY
$11.8B
| $5.07M | 0.05% |
28,741
+19,157
| +200% | +$3.24M |
|
486
Clearmind Medicine
CMND
$2.58M
| $5.05M | 0.05% |
+848
| New | +$483K |
|
|
AVB
487
DELISTED
AvalonBay Communities
AVB
| $5M | 0.05% |
22,208
+6,744
| +44% | +$1.46M |
|
488
Rockwell Automation
ROK
$48.5B
| $4.98M | 0.05% |
18,555
-12,520
| -40% | -$3.32M |
|
489
Elanco Animal Health
ELAN
$12B
| $4.98M | 0.05% |
338,956
+178,383
| +111% | +$2.49M |
|
490
Coherent
COHR
$56.7B
| $4.96M | 0.05% |
55,775
+4,289
| +8% | +$320K |
|
491
Stanley Black & Decker
SWK
$15.1B
| $4.95M | 0.05% |
44,973
-16,031
| -26% | -$1.54M |
|
492
Pan American Silver
PAAS
$22B
| $4.95M | 0.05% |
237,220
+11,164
| +5% | +$235K |
|
493
Pultegroup
PHM
$24.6B
| $4.93M | 0.05% |
34,341
-12,322
| -26% | -$1.57M |
|
494
Old Dominion Freight Line
ODFL
$42.8B
| $4.92M | 0.05% |
24,774
-10,967
| -31% | -$2.13M |
|
495
TKO Group
TKO
$14.1B
| $4.91M | 0.05% |
39,691
+33,823
| +576% | +$3.87M |
|
496
Primerica
PRI
$9.1B
| $4.89M | 0.05% |
18,432
+2,358
| +15% | +$596K |
|
497
Lyft
LYFT
$6.61B
| $4.89M | 0.05% |
383,265
+268,334
| +233% | +$3.2M |
|
498
Qiagen
QGEN
$9.1B
| $4.88M | 0.05% |
104,008
+76,103
| +273% | +$3.47M |
|
499
Performance Food Group
PFGC
$16.5B
| $4.86M | 0.05% |
62,008
-25,799
| -29% | -$1.81M |
|
500
Alnylam Pharmaceuticals
ALNY
$31.6B
| $4.83M | 0.05% |
17,575
+4,338
| +33% | +$1.13M |
|
Similar funds
Joel Greenblatt's Q3 2024 Portfolio in Review
As of Q3 2024, Joel Greenblatt held 1,552 positions worth $9.67B, up 25% from $7.72B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.31B of net new capital in Q3 2024, opening 145 new positions and adding to 741 existing holdings. Its largest new stake was AST SpaceMobile: 520,630 shares worth $13.6M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Celanese, an estimated $14.3M trimmed.
- Joel Greenblatt's largest Q3 2024 buy was AST SpaceMobile: 520,630 shares worth $13.6M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $208M increase.
- Joel Greenblatt's biggest Q3 2024 reduction was Celanese, cutting an estimated $14.3M.
- Joel Greenblatt fully exited Corteva in Q3 2024, selling an estimated $9.36M.
- Joel Greenblatt's ten largest holdings make up 25% of its $9.67B portfolio in Q3 2024.
- Joel Greenblatt opened 145 new positions and closed 150 in Q3 2024.
- Joel Greenblatt's portfolio value rose 25% quarter-over-quarter to $9.67B.
Based on Gotham Asset Management's 13F filing for Q3 2024, filed 14 Nov 2024.