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 |
Amazon
AMZN
|
+$24.8M |
| 2 |
Microsoft
MSFT
|
+$18.9M |
| 3 |
Meta Platforms (Facebook)
META
|
+$18.4M |
| 4 |
Automatic Data Processing
ADP
|
+$17.1M |
| 5 |
Lowe's Companies
LOW
|
+$14.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TJX Companies
TJX
|
+$31M |
| 2 |
RTN
Raytheon Company
RTN
|
+$25.8M |
| 3 |
Chevron
CVX
|
+$24.2M |
| 4 |
Booking.com
BKNG
|
+$21.7M |
| 5 |
Stanley Black & Decker
SWK
|
+$20.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.28% |
| 2 | Industrials | 14.47% |
| 3 | Healthcare | 14.21% |
| 4 | Consumer Discretionary | 13.47% |
| 5 | Consumer Staples | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Freeport-McMoran
FCX
$110B
| $1.16M | 0.03% |
+100,630
| New | +$922K |
|
527
OSI Systems
OSIS
$3.41B
| $1.16M | 0.03% |
15,572
-20,612
| -57% | -$1.51M |
|
528
ScottsMiracle-Gro
SMG
$3.55B
| $1.16M | 0.03% |
8,628
+1,296
| +18% | +$167K |
|
529
Ventas
VTR
$47.7B
| $1.15M | 0.03% |
31,396
-1,238
| -4% | -$40.9K |
|
530
Middleby
MIDD
$5.22B
| $1.15M | 0.03% |
14,559
-6,839
| -32% | -$443K |
|
|
CVSA
531
Covista Inc
CVSA
$4.51B
| $1.15M | 0.03% |
+36,825
| New | +$1.15M |
|
532
Globus Medical
GMED
$11.7B
| $1.15M | 0.03% |
24,010
+7,713
| +47% | +$372K |
|
533
Edwards Lifesciences
EW
$51.8B
| $1.14M | 0.03% |
+16,482
| New | +$1.17M |
|
534
Roper Technologies
ROP
$40.7B
| $1.14M | 0.03% |
+2,934
| New | +$1.05M |
|
|
VMW
535
DELISTED
VMware, Inc
VMW
| $1.14M | 0.03% |
7,328
+1,218
| +20% | +$167K |
|
536
Paylocity
PCTY
$8.14B
| $1.13M | 0.03% |
7,742
-9,722
| -56% | -$1.13M |
|
537
Sensata Technologies
ST
$6.23B
| $1.13M | 0.03% |
30,276
-26,028
| -46% | -$920K |
|
538
American Express
AXP
$227B
| $1.12M | 0.03% |
11,803
-51,524
| -81% | -$4.74M |
|
539
Church & Dwight Co
CHD
$23.4B
| $1.12M | 0.03% |
14,542
+10,346
| +247% | +$753K |
|
540
United Natural Foods
UNFI
$2.91B
| $1.12M | 0.03% |
61,727
+50,975
| +474% | +$765K |
|
|
SGEN
541
DELISTED
Seagen Inc. Common Stock
SGEN
| $1.12M | 0.03% |
6,614
-1,250
| -16% | -$186K |
|
542
Teradyne
TER
$58.7B
| $1.12M | 0.03% |
13,266
-27,161
| -67% | -$1.82M |
|
543
Atkore
ATKR
$3.16B
| $1.11M | 0.03% |
40,715
-31,084
| -43% | -$769K |
|
544
ArcBest
ARCB
$3.14B
| $1.11M | 0.03% |
41,860
-12,529
| -23% | -$269K |
|
545
CrowdStrike
CRWD
$195B
| $1.1M | 0.03% |
+43,996
| New | +$882K |
|
546
Energizer
ENR
$1.47B
| $1.1M | 0.03% |
23,220
+10,970
| +90% | +$448K |
|
547
Cabot Corp
CBT
$4.4B
| $1.1M | 0.03% |
29,640
-36,247
| -55% | -$1.21M |
|
548
Progress Software
PRGS
$1.82B
| $1.09M | 0.03% |
28,196
-6,857
| -20% | -$261K |
|
|
CATM
549
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $1.09M | 0.03% |
45,586
+34,826
| +324% | +$780K |
|
550
NCR Voyix
VYX
$1.09B
| $1.09M | 0.03% |
102,670
-158,352
| -61% | -$1.81M |
|
Similar funds
Joel Greenblatt's Q2 2020 Portfolio in Review
As of Q2 2020, Joel Greenblatt held 1,266 positions worth $3.34B, down 7.2% from $3.6B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Joel Greenblatt withdrew a net $964M in Q2 2020, closing 223 positions and reducing 569 holdings. Its most notable exit was TJX Companies, an estimated $31M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 16% a quarter earlier, followed by Industrials and Healthcare.
Against the trend, Joel Greenblatt opened a new position in Cardinal Health worth $7.52M.
- Joel Greenblatt's largest Q2 2020 buy was Cardinal Health: 144,065 shares worth $7.52M.
- Joel Greenblatt added most to Amazon in Q2 2020, an estimated $24.8M increase.
- Joel Greenblatt's biggest Q2 2020 reduction was Chevron, cutting an estimated $24.2M.
- Joel Greenblatt fully exited TJX Companies in Q2 2020, selling an estimated $31M.
- Joel Greenblatt's ten largest holdings make up 13% of its $3.34B portfolio in Q2 2020.
- Joel Greenblatt opened 211 new positions and closed 223 in Q2 2020.
- Joel Greenblatt's portfolio value fell 7.2% quarter-over-quarter to $3.34B.
Based on Gotham Asset Management's 13F filing for Q2 2020, filed 13 Aug 2020.