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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$82.2M |
| 2 |
Conagra Brands
CAG
|
+$63.5M |
| 3 |
Intuit
INTU
|
+$53.2M |
| 4 |
PARA
Paramount Global Class B
PARA
|
+$51.9M |
| 5 |
CVS Health
CVS
|
+$43M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Texas Instruments
TXN
|
+$40.5M |
| 2 |
Merck
MRK
|
+$39.5M |
| 3 |
DD
Du Pont De Nemours E I
DD
|
+$38.8M |
| 4 |
Viatris
VTRS
|
+$38.8M |
| 5 |
DaVita
DVA
|
+$37.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.31% |
| 2 | Industrials | 19.34% |
| 3 | Healthcare | 18.39% |
| 4 | Consumer Discretionary | 16.87% |
| 5 | Consumer Staples | 8.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Zurn Elkay Water Solutions
ZWS
$8.13B
| $2.42M | 0.03% |
255,720
+210,106
| +461% | +$2.11M |
|
|
SUP
502
DELISTED
Superior Industries International
SUP
| $2.42M | 0.03% |
90,235
+68,968
| +324% | +$1.77M |
|
503
DuPont de Nemours
DD
$18.7B
| $2.41M | 0.03% |
19,164
-87,214
| -82% | -$11.5M |
|
504
Vishay Intertechnology
VSH
$4.85B
| $2.39M | 0.03% |
192,894
-262,063
| -58% | -$3.26M |
|
505
National Presto Industries
NPK
$1.07B
| $2.37M | 0.03% |
25,143
+20,831
| +483% | +$1.83M |
|
|
MDRX
506
DELISTED
Veradigm Inc. Common Stock
MDRX
| $2.37M | 0.03% |
186,620
+26,463
| +17% | +$351K |
|
|
PIR
507
DELISTED
Pier 1 Imports, Inc.
PIR
| $2.33M | 0.03% |
+22,627
| New | +$2.73M |
|
508
Adobe
ADBE
$109B
| $2.3M | 0.03% |
24,037
+3,040
| +14% | +$292K |
|
509
Pegasystems
PEGA
$5.52B
| $2.27M | 0.03% |
168,752
-37,342
| -18% | -$492K |
|
|
AVG
510
DELISTED
AVG Technologies N.V.
AVG
| $2.24M | 0.03% |
118,031
+37,300
| +46% | +$727K |
|
|
BOJA
511
DELISTED
Bojangles', Inc. Common Stock
BOJA
| $2.23M | 0.03% |
131,454
+89,548
| +214% | +$1.56M |
|
|
CIR
512
DELISTED
CIRCOR International, Inc
CIR
| $2.19M | 0.03% |
38,481
-1,350
| -3% | -$72.6K |
|
|
BGG
513
DELISTED
Briggs & Stratton Corp.
BGG
| $2.16M | 0.03% |
+102,065
| New | +$2.21M |
|
514
Manitowoc
MTW
$710M
| $2.15M | 0.03% |
98,612
-67,240
| -41% | -$1.46M |
|
|
BRSS
515
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $2.14M | 0.03% |
78,355
+50,986
| +186% | +$1.35M |
|
516
Sabre
SABR
$848M
| $2.12M | 0.03% |
+79,164
| New | +$2.22M |
|
|
TBRG
517
DELISTED
TruBridge
TBRG
| $2.12M | 0.03% |
53,100
+48,956
| +1,181% | +$2.22M |
|
518
ABM Industries
ABM
$2.74B
| $2.11M | 0.03% |
57,781
-257,197
| -82% | -$8.67M |
|
519
Paycom
PAYC
$10.3B
| $2.1M | 0.03% |
+48,639
| New | +$1.9M |
|
520
Twilio
TWLO
$34.6B
| $2.08M | 0.03% |
+57,091
| New | +$1.77M |
|
521
Constellation Brands
STZ
$23.2B
| $2.08M | 0.02% |
12,569
+9,193
| +272% | +$1.44M |
|
|
MZTI
522
The Marzetti Company
MZTI
$3.06B
| $2.07M | 0.02% |
16,193
-28,780
| -64% | -$3.41M |
|
523
International Paper
IP
$22B
| $2.06M | 0.02% |
51,419
+32,995
| +179% | +$1.31M |
|
524
Blackrock
BLK
$179B
| $2.04M | 0.02% |
5,959
+1,047
| +21% | +$368K |
|
525
Ingles Markets
IMKTA
$1.61B
| $2.03M | 0.02% |
54,406
-53,632
| -50% | -$1.98M |
|
Similar funds
Joel Greenblatt's Q2 2016 Portfolio in Review
As of Q2 2016, Joel Greenblatt held 1,194 positions worth $8.34B, down 6.5% from $8.92B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Joel Greenblatt withdrew a net $527M in Q2 2016, closing 260 positions and reducing 357 holdings. Its most notable exit was Viatris, an estimated $38.8M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Industrials and Healthcare.
Against the trend, Joel Greenblatt opened a new position in Twenty-First Century Fox, Inc. Class A worth $76.3M.
- Joel Greenblatt's largest Q2 2016 buy was Twenty-First Century Fox, Inc. Class A: 2,822,168 shares worth $76.3M.
- Joel Greenblatt added most to Paramount Global Class B in Q2 2016, an estimated $51.9M increase.
- Joel Greenblatt's biggest Q2 2016 reduction was Texas Instruments, cutting an estimated $40.5M.
- Joel Greenblatt fully exited Viatris in Q2 2016, selling an estimated $38.8M.
- Joel Greenblatt's ten largest holdings make up 9% of its $8.34B portfolio in Q2 2016.
- Joel Greenblatt opened 244 new positions and closed 260 in Q2 2016.
- Joel Greenblatt's portfolio value fell 6.5% quarter-over-quarter to $8.34B.
Based on Gotham Asset Management's 13F filing for Q2 2016, filed 15 Aug 2016.