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
|
+$208M |
| 2 |
NVIDIA
NVDA
|
+$74.8M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$49M |
| 4 |
Merck
MRK
|
+$20.3M |
| 5 |
GE Aerospace
GE
|
+$19.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Celanese
CE
|
+$14.3M |
| 2 |
ExxonMobil
XOM
|
+$11.5M |
| 3 |
APA Corp
APA
|
+$11.5M |
| 4 |
Kenvue
KVUE
|
+$10.7M |
| 5 |
Mattel
MAT
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.43% |
| 2 | Industrials | 11.88% |
| 3 | Consumer Discretionary | 10.29% |
| 4 | Healthcare | 9.07% |
| 5 | Financials | 5.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PYCR
526
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $4.38M | 0.05% |
308,650
+163,338
| +112% | +$2.17M |
|
527
GlobalFoundries
GFS
$26.4B
| $4.35M | 0.05% |
107,975
+91,629
| +561% | +$4.25M |
|
|
528
Mattel
MAT
$4.15B
| $4.33M | 0.04% |
227,037
-567,519
| -71% | -$10.5M |
|
529
Incyte
INCY
$25.9B
| $4.32M | 0.04% |
65,392
-14,745
| -18% | -$940K |
|
530
Public Storage
PSA
$60.2B
| $4.32M | 0.04% |
11,868
+381
| +3% | +$124K |
|
531
Euronet Worldwide
EEFT
$2.62B
| $4.31M | 0.04% |
43,431
+18,203
| +72% | +$1.84M |
|
532
Workday
WDAY
$49.4B
| $4.29M | 0.04% |
17,545
+16,611
| +1,778% | +$3.92M |
|
533
Celsius Holdings
CELH
$8.44B
| $4.28M | 0.04% |
136,478
+78,406
| +135% | +$3.29M |
|
534
Arista Networks
ANET
$238B
| $4.28M | 0.04% |
44,568
+40,324
| +950% | +$3.51M |
|
535
Aptiv
APTV
$10B
| $4.26M | 0.04% |
59,123
+5,467
| +10% | +$382K |
|
536
CACI
CACI
$14.3B
| $4.26M | 0.04% |
8,437
+2,055
| +32% | +$952K |
|
537
Interactive Brokers
IBKR
$42.5B
| $4.25M | 0.04% |
122,080
-3,916
| -3% | -$121K |
|
538
Hudbay
HBM
$13.4B
| $4.25M | 0.04% |
462,627
+310,753
| +205% | +$2.51M |
|
539
DXC Technology
DXC
$1.73B
| $4.24M | 0.04% |
204,516
+99,149
| +94% | +$1.97M |
|
540
Vistra
VST
$45.7B
| $4.23M | 0.04% |
35,646
-11,574
| -25% | -$982K |
|
541
Americold
COLD
$4.35B
| $4.21M | 0.04% |
148,846
-12,800
| -8% | -$366K |
|
542
SBA Communications
SBAC
$19.4B
| $4.17M | 0.04% |
17,326
+1,450
| +9% | +$321K |
|
543
Zoom
ZM
$31.5B
| $4.17M | 0.04% |
59,756
-68,466
| -53% | -$4.28M |
|
544
Axalta
AXTA
$7.75B
| $4.15M | 0.04% |
114,810
+972
| +0.9% | +$34.1K |
|
545
Norwegian Cruise Line
NCLH
$7.92B
| $4.15M | 0.04% |
202,244
+36,728
| +22% | +$667K |
|
546
Wells Fargo
WFC
$254B
| $4.14M | 0.04% |
73,246
+1,897
| +3% | +$107K |
|
547
Sotera Health
SHC
$5.58B
| $4.14M | 0.04% |
247,617
+47,185
| +24% | +$689K |
|
548
Clorox
CLX
$12.9B
| $4.13M | 0.04% |
25,322
-424
| -2% | -$62.8K |
|
549
Genuine Parts
GPC
$18.5B
| $4.1M | 0.04% |
29,375
-49,095
| -63% | -$6.82M |
|
550
Post Holdings
POST
$3.65B
| $4.1M | 0.04% |
35,437
+28,727
| +428% | +$3.22M |
|
Similar funds
Joel Greenblatt's Q3 2024 Portfolio in Review
As of Q3 2024, Joel Greenblatt held 1,552 positions worth $9.67B, up 25% from $7.72B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.31B of net new capital in Q3 2024, opening 145 new positions and adding to 741 existing holdings. Its largest new stake was AST SpaceMobile: 520,630 shares worth $13.6M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Celanese, an estimated $14.3M trimmed.
- Joel Greenblatt's largest Q3 2024 buy was AST SpaceMobile: 520,630 shares worth $13.6M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $208M increase.
- Joel Greenblatt's biggest Q3 2024 reduction was Celanese, cutting an estimated $14.3M.
- Joel Greenblatt fully exited Corteva in Q3 2024, selling an estimated $9.36M.
- Joel Greenblatt's ten largest holdings make up 25% of its $9.67B portfolio in Q3 2024.
- Joel Greenblatt opened 145 new positions and closed 150 in Q3 2024.
- Joel Greenblatt's portfolio value rose 25% quarter-over-quarter to $9.67B.
Based on Gotham Asset Management's 13F filing for Q3 2024, filed 14 Nov 2024.