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
|
+$123M |
| 2 |
NVIDIA
NVDA
|
+$47.4M |
| 3 |
ANSS
Ansys
ANSS
|
+$21.2M |
| 4 |
Gotham Enhanced 500 ETF
GSPY
|
+$20.9M |
| 5 |
Lincoln Electric
LECO
|
+$20.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$10.9M |
| 2 |
Duke Energy
DUK
|
+$10.2M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$9.29M |
| 4 |
MRSH
Marsh
MRSH
|
+$8.62M |
| 5 |
Incyte
INCY
|
+$7.89M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.91% |
| 2 | Industrials | 12.24% |
| 3 | Consumer Discretionary | 10.35% |
| 4 | Healthcare | 8.92% |
| 5 | Financials | 6.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Brown-Forman Class B
BF.B
$13.2B
| $3.49M | 0.05% |
+80,764
| New | +$3.8M |
|
527
Mettler-Toledo International
MTD
$28B
| $3.49M | 0.05% |
2,495
-1,472
| -37% | -$2.01M |
|
528
News Corp Class A
NWSA
$16.6B
| $3.47M | 0.05% |
125,948
-24,669
| -16% | -$637K |
|
529
MDU Resources
MDU
$4.2B
| $3.47M | 0.04% |
249,671
-17,426
| -7% | -$241K |
|
530
XPO
XPO
$22.5B
| $3.47M | 0.04% |
32,700
-727
| -2% | -$81.5K |
|
531
Invesco Short Term Treasury ETF
TBLL
$2.58B
| $3.46M | 0.04% |
32,818
+1,429
| +5% | +$151K |
|
532
Cousins Properties
CUZ
$4.94B
| $3.45M | 0.04% |
148,856
+88,080
| +145% | +$2.03M |
|
533
BellRing Brands
BRBR
$1.26B
| $3.43M | 0.04% |
60,104
+8,660
| +17% | +$496K |
|
|
PARA
534
DELISTED
Paramount Global Class B
PARA
| $3.43M | 0.04% |
329,958
+17,993
| +6% | +$211K |
|
535
Maravai LifeSciences
MRVI
$1.26B
| $3.42M | 0.04% |
477,644
-65,944
| -12% | -$569K |
|
536
Western Union
WU
$2.28B
| $3.4M | 0.04% |
277,978
+125,753
| +83% | +$1.63M |
|
537
BWX Technologies
BWXT
$13.7B
| $3.36M | 0.04% |
35,414
-4,738
| -12% | -$439K |
|
538
Palantir
PLTR
$423B
| $3.35M | 0.04% |
132,351
-237,049
| -64% | -$5.34M |
|
539
Schwab Fundamental US Large Company Index ETF
FNDX
$27.6B
| $3.35M | 0.04% |
149,904
+96,981
| +183% | +$2.14M |
|
540
iShares Core Dividend Growth ETF
DGRO
$43.9B
| $3.33M | 0.04% |
57,752
+37,488
| +185% | +$2.14M |
|
541
Las Vegas Sands
LVS
$30.4B
| $3.32M | 0.04% |
75,099
+29,470
| +65% | +$1.38M |
|
542
Celsius Holdings
CELH
$8.86B
| $3.32M | 0.04% |
58,072
+50,415
| +658% | +$3.81M |
|
543
Public Storage
PSA
$60.7B
| $3.3M | 0.04% |
11,487
+4,114
| +56% | +$1.13M |
|
544
Abercrombie & Fitch
ANF
$4.99B
| $3.29M | 0.04% |
18,501
-642
| -3% | -$93.1K |
|
545
Leggett & Platt
LEG
$1.28B
| $3.29M | 0.04% |
286,927
+192,983
| +205% | +$2.72M |
|
546
Powell Industries
POWL
$6.89B
| $3.29M | 0.04% |
68,781
+13,125
| +24% | +$685K |
|
547
Goldman Sachs
GS
$302B
| $3.29M | 0.04% |
7,265
+1,237
| +21% | +$543K |
|
548
Antero Midstream
AM
$10.5B
| $3.28M | 0.04% |
222,456
-89,093
| -29% | -$1.28M |
|
549
CF Industries
CF
$19.6B
| $3.27M | 0.04% |
44,178
-61,524
| -58% | -$4.78M |
|
550
Newmont
NEM
$139B
| $3.27M | 0.04% |
78,031
+25,262
| +48% | +$1.03M |
|
Similar funds
Joel Greenblatt's Q2 2024 Portfolio in Review
As of Q2 2024, Joel Greenblatt held 1,531 positions worth $7.72B, up 17% from $6.62B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.17B of net new capital in Q2 2024, opening 165 new positions and adding to 726 existing holdings. Its largest new stake was monday.com: 92,920 shares worth $22.4M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Honeywell, an estimated $10.9M trimmed.
- Joel Greenblatt's largest Q2 2024 buy was monday.com: 92,920 shares worth $22.4M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $123M increase.
- Joel Greenblatt's biggest Q2 2024 reduction was Honeywell, cutting an estimated $10.9M.
- Joel Greenblatt fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $9.29M.
- Joel Greenblatt's ten largest holdings make up 25% of its $7.72B portfolio in Q2 2024.
- Joel Greenblatt opened 165 new positions and closed 124 in Q2 2024.
- Joel Greenblatt's portfolio value rose 17% quarter-over-quarter to $7.72B.
Based on Gotham Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.