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 |
Humana
HUM
|
+$13M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$12.6M |
| 3 |
PayPal
PYPL
|
+$11.2M |
| 4 |
Lam Research
LRCX
|
+$10.5M |
| 5 |
ON Semiconductor
ON
|
+$8.83M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$11.8M |
| 2 |
Adobe
ADBE
|
+$11.2M |
| 3 |
Parker-Hannifin
PH
|
+$9.65M |
| 4 |
Walt Disney
DIS
|
+$8.9M |
| 5 |
FedEx
FDX
|
+$8.85M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.16% |
| 2 | Healthcare | 12.01% |
| 3 | Industrials | 10.55% |
| 4 | Consumer Discretionary | 10.05% |
| 5 | Financials | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Huntsman Corp
HUN
$1.75B
| $1.62M | 0.05% |
58,793
-11,813
| -17% | -$321K |
|
502
TransUnion
TRU
$16.2B
| $1.61M | 0.05% |
+28,433
| New | +$1.67M |
|
503
Synchrony
SYF
$25.9B
| $1.61M | 0.05% |
49,040
-23,230
| -32% | -$796K |
|
504
Norwegian Cruise Line
NCLH
$7.92B
| $1.61M | 0.05% |
131,569
-42,549
| -24% | -$641K |
|
505
BOK Financial
BOKF
$8.54B
| $1.61M | 0.05% |
15,496
-849
| -5% | -$86.1K |
|
506
Nexstar Media Group
NXST
$5.73B
| $1.59M | 0.04% |
9,088
+4,876
| +116% | +$856K |
|
507
Trimble
TRMB
$14B
| $1.59M | 0.04% |
31,433
-20,314
| -39% | -$1.13M |
|
508
Camden Property Trust
CPT
$10.8B
| $1.58M | 0.04% |
14,128
+1,037
| +8% | +$119K |
|
509
Okta
OKTA
$23.5B
| $1.58M | 0.04% |
+23,067
| New | +$1.32M |
|
510
Boise Cascade
BCC
$2.88B
| $1.57M | 0.04% |
22,931
-14,425
| -39% | -$985K |
|
511
Affiliated Managers Group
AMG
$9.21B
| $1.57M | 0.04% |
9,890
-2,262
| -19% | -$320K |
|
512
Verisk Analytics
VRSK
$24.4B
| $1.57M | 0.04% |
8,879
-9,372
| -51% | -$1.65M |
|
513
Columbia Sportswear
COLM
$3.09B
| $1.56M | 0.04% |
17,849
-1,587
| -8% | -$128K |
|
514
Chemours
CC
$2.4B
| $1.56M | 0.04% |
51,023
+4,976
| +11% | +$149K |
|
515
Halozyme
HALO
$12.3B
| $1.56M | 0.04% |
27,447
-2,143
| -7% | -$110K |
|
516
Arthur J. Gallagher & Co
AJG
$67.6B
| $1.56M | 0.04% |
8,271
-1,275
| -13% | -$238K |
|
517
FLEX LNG
FLNG
$1.73B
| $1.55M | 0.04% |
47,374
-2,250
| -5% | -$75.2K |
|
518
Sun Communities
SUI
$14.8B
| $1.54M | 0.04% |
10,783
+2,299
| +27% | +$314K |
|
519
Gen Digital
GEN
$17.3B
| $1.54M | 0.04% |
71,871
-111,185
| -61% | -$2.46M |
|
520
Howard Hughes
HHH
$3.97B
| $1.52M | 0.04% |
20,911
+6,741
| +48% | +$429K |
|
521
QuidelOrtho
QDEL
$1.01B
| $1.52M | 0.04% |
17,778
+12,098
| +213% | +$1.02M |
|
522
Ovintiv
OVV
$18.5B
| $1.52M | 0.04% |
29,918
-541
| -2% | -$28.3K |
|
523
Workday
WDAY
$49.4B
| $1.52M | 0.04% |
9,056
+6,778
| +298% | +$1.06M |
|
524
Dynatrace
DT
$14.2B
| $1.51M | 0.04% |
39,494
-38,895
| -50% | -$1.41M |
|
525
Alliant Energy
LNT
$17.6B
| $1.51M | 0.04% |
27,304
+2,759
| +11% | +$147K |
|
Similar funds
Joel Greenblatt's Q4 2022 Portfolio in Review
As of Q4 2022, Joel Greenblatt held 1,351 positions worth $3.55B, up 6.4% from $3.34B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Joel Greenblatt's Q4 2022 filing shows 195 new, 468 increased, 530 reduced and 150 closed positions. Its largest new stake was Albemarle: 27,723 shares worth $6.01M. The largest sale was Micron Technology, an estimated $11.8M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Healthcare and Industrials.
- Joel Greenblatt's largest Q4 2022 buy was Albemarle: 27,723 shares worth $6.01M.
- Joel Greenblatt added most to Humana in Q4 2022, an estimated $13M increase.
- Joel Greenblatt's biggest Q4 2022 reduction was Micron Technology, cutting an estimated $11.8M.
- Joel Greenblatt fully exited FedEx in Q4 2022, selling an estimated $8.85M.
- Joel Greenblatt's ten largest holdings make up 22% of its $3.55B portfolio in Q4 2022.
- Joel Greenblatt opened 195 new positions and closed 150 in Q4 2022.
- Joel Greenblatt's portfolio value rose 6.4% quarter-over-quarter to $3.55B.
Based on Gotham Asset Management's 13F filing for Q4 2022, filed 14 Feb 2023.