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 |
WCC
WESCO International
WCC
|
+$41.6M |
| 2 |
Gen Digital
GEN
|
+$33.4M |
| 3 |
Bunge Global
BG
|
+$33.3M |
| 4 |
News Corp Class B
NWS
|
+$32.8M |
| 5 |
Deckers Outdoor
DECK
|
+$31.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ENDP
Endo International plc
ENDP
|
+$26.8M |
| 2 |
SPR
Spirit AeroSystems
SPR
|
+$18.3M |
| 3 |
CTB
Cooper Tire & Rubber Co.
CTB
|
+$17.3M |
| 4 |
DF
Dean Foods Company
DF
|
+$15.6M |
| 5 |
Quanta Services
PWR
|
+$15.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 22.83% |
| 2 | Consumer Discretionary | 18.79% |
| 3 | Technology | 17.79% |
| 4 | Consumer Staples | 13.28% |
| 5 | Healthcare | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HOLX
526
DELISTED
Hologic
HOLX
| $2.16M | 0.03% |
100,601
-56,250
| -36% | -$1.21M |
|
527
Comcast
CMCSA
$95.3B
| $2.14M | 0.03% |
85,374
+6,138
| +8% | +$160K |
|
|
FL
528
DELISTED
Foot Locker
FL
| $2.13M | 0.03% |
45,455
+25,663
| +130% | +$1.07M |
|
529
Skywest
SKYW
$3.93B
| $2.13M | 0.03% |
167,149
-13,411
| -7% | -$176K |
|
530
Euronet Worldwide
EEFT
$2.62B
| $2.13M | 0.03% |
+51,242
| New | +$2.12M |
|
|
AGN
531
DELISTED
Allergan plc
AGN
| $2.12M | 0.03% |
+10,597
| New | +$2.1M |
|
|
ESRX
532
DELISTED
Express Scripts Holding Company
ESRX
| $2.1M | 0.03% |
27,971
-6,271
| -18% | -$470K |
|
533
Compass Minerals
CMP
$1.09B
| $2.09M | 0.03% |
25,359
+9,924
| +64% | +$820K |
|
534
Bath & Body Works
BBWI
$3.92B
| $2.08M | 0.03% |
45,232
+23,570
| +109% | +$1.07M |
|
|
BCR
535
DELISTED
CR Bard Inc.
BCR
| $2.07M | 0.03% |
13,984
-168
| -1% | -$23.3K |
|
536
Oil States International
OIS
$522M
| $2.07M | 0.03% |
36,692
+25,721
| +234% | +$1.42M |
|
537
Flowserve
FLS
$10.1B
| $2.07M | 0.03% |
26,377
+11,661
| +79% | +$895K |
|
538
Union Pacific
UNP
$183B
| $2.04M | 0.03% |
21,744
-30,274
| -58% | -$2.69M |
|
539
Huron Consulting
HURN
$2.57B
| $2.03M | 0.03% |
32,023
-23,050
| -42% | -$1.5M |
|
|
CPWR
540
DELISTED
COMPUWARE CORP
CPWR
| $2.03M | 0.03% |
201,050
+151,068
| +302% | +$1.53M |
|
|
AZPN
541
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $1.98M | 0.03% |
46,673
+36,177
| +345% | +$1.53M |
|
542
Sherwin-Williams
SHW
$84.1B
| $1.98M | 0.03% |
30,075
+4,971
| +20% | +$321K |
|
|
HGG
543
DELISTED
hhgregg Inc.
HGG
| $1.97M | 0.03% |
205,076
-28,066
| -12% | -$280K |
|
|
CCC
544
DELISTED
Calgon Carbon Corp
CCC
| $1.97M | 0.03% |
90,021
-378
| -0.4% | -$7.72K |
|
|
ESI
545
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $1.96M | 0.03% |
68,286
-81,416
| -54% | -$2.69M |
|
|
FRAN
546
DELISTED
Francesca's Holdings Corporation
FRAN
| $1.95M | 0.03% |
8,975
+468
| +6% | +$109K |
|
547
BCE
BCE
$22.1B
| $1.95M | 0.03% |
45,225
-2,714
| -6% | -$116K |
|
548
BorgWarner
BWA
$13.8B
| $1.95M | 0.03% |
36,013
-8,343
| -19% | -$426K |
|
549
Hasbro
HAS
$13.2B
| $1.92M | 0.03% |
34,520
-112,705
| -77% | -$6M |
|
550
REX American Resources
REX
$1.47B
| $1.92M | 0.03% |
201,846
+45,084
| +29% | +$345K |
|
Similar funds
Joel Greenblatt's Q1 2014 Portfolio in Review
As of Q1 2014, Joel Greenblatt held 1,179 positions worth $6.64B, up 58% from $4.2B the previous quarter. Its ten largest holdings account for 6.1% of the portfolio.
Joel Greenblatt deployed $2.37B of net new capital in Q1 2014, opening 229 new positions and adding to 423 existing holdings. Its largest new stake was WESCO International: 485,151 shares worth $40.4M.
By sector, the portfolio is most concentrated in Industrials at 23% of assets, up from 23% a quarter earlier, followed by Consumer Discretionary and Technology.
On the sell side, the largest reduction was Spirit AeroSystems, an estimated $18.3M trimmed.
- Joel Greenblatt's largest Q1 2014 buy was WESCO International: 485,151 shares worth $40.4M.
- Joel Greenblatt added most to Gen Digital in Q1 2014, an estimated $33.4M increase.
- Joel Greenblatt's biggest Q1 2014 reduction was Spirit AeroSystems, cutting an estimated $18.3M.
- Joel Greenblatt fully exited Endo International plc in Q1 2014, selling an estimated $26.8M.
- Joel Greenblatt's ten largest holdings make up 6.1% of its $6.64B portfolio in Q1 2014.
- Joel Greenblatt opened 229 new positions and closed 185 in Q1 2014.
- Joel Greenblatt's portfolio value rose 58% quarter-over-quarter to $6.64B.
Based on Gotham Asset Management's 13F filing for Q1 2014, filed 15 May 2014.