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
|
+$1.73B |
| 2 |
NewMarket
NEU
|
+$67.2M |
| 3 |
Gen Digital
GEN
|
+$66.9M |
| 4 |
General Mills
GIS
|
+$63.7M |
| 5 |
Humana
HUM
|
+$63M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Western Digital
WDC
|
+$97.7M |
| 2 |
Micron Technology
MU
|
+$88M |
| 3 |
MASI
Masimo
MASI
|
+$60.7M |
| 4 |
SNDK
Sandisk
SNDK
|
+$55.1M |
| 5 |
Crown Holdings
CCK
|
+$46.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.32% |
| 2 | Industrials | 11.66% |
| 3 | Consumer Discretionary | 9.38% |
| 4 | Healthcare | 7.34% |
| 5 | Financials | 4.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VSXY
551
Victoria's Secret
VSXY
$6.79B
| $21M | 0.05% |
251,023
-20,924
| -8% | -$1.25M |
|
552
Fidelity National Financial
FNF
$12.7B
| $20.9M | 0.05% |
444,167
+203,014
| +84% | +$9.83M |
|
553
Agree Realty
ADC
$9.19B
| $20.8M | 0.05% |
274,961
-104,313
| -28% | -$7.91M |
|
554
Public Service Enterprise Group
PEG
$36.2B
| $20.8M | 0.05% |
256,275
+115,523
| +82% | +$9.23M |
|
555
Rexford Industrial Realty
REXR
$8.3B
| $20.7M | 0.05% |
619,172
+559,150
| +932% | +$19.6M |
|
556
Deere & Co
DE
$175B
| $20.5M | 0.05% |
32,290
+10,988
| +52% | +$6.36M |
|
557
Tetra Tech
TTEK
$9.47B
| $20.5M | 0.05% |
708,634
+513,608
| +263% | +$15.1M |
|
558
Builders FirstSource
BLDR
$7.55B
| $20.4M | 0.05% |
227,956
+91,194
| +67% | +$7.28M |
|
559
AutoZone
AZO
$48.3B
| $20.4M | 0.05% |
6,368
+1,133
| +22% | +$3.76M |
|
560
Bentley Systems
BSY
$11.2B
| $20.3M | 0.05% |
680,241
+7,483
| +1% | +$243K |
|
|
AXON
561
Axon Enterprise
AXON
$51B
| $20.2M | 0.05% |
35,967
+21,264
| +145% | +$8.9M |
|
562
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $20.1M | 0.05% |
375,591
+214,555
| +133% | +$11.2M |
|
563
Hormel Foods
HRL
$13.1B
| $20.1M | 0.05% |
810,377
+182,428
| +29% | +$4.06M |
|
564
Las Vegas Sands
LVS
$30.5B
| $20.1M | 0.05% |
434,374
+169,534
| +64% | +$8.79M |
|
565
Penske Automotive Group
PAG
$14.2B
| $20M | 0.05% |
111,940
+37,150
| +50% | +$6.21M |
|
566
Assured Guaranty
AGO
$3.27B
| $20M | 0.05% |
249,502
-22,881
| -8% | -$1.81M |
|
567
Nike
NKE
$60.5B
| $19.9M | 0.05% |
485,967
+413,257
| +568% | +$18.2M |
|
568
Ford
F
$57.5B
| $19.9M | 0.05% |
1,434,698
-1,542,576
| -52% | -$20.8M |
|
569
Medpace
MEDP
$17.3B
| $19.9M | 0.05% |
37,598
+12,124
| +48% | +$5.6M |
|
570
Mondelez International
MDLZ
$82.3B
| $19.8M | 0.05% |
342,388
+4
| +0% | +$241 |
|
571
nCino
NCNO
$2.26B
| $19.8M | 0.05% |
1,210,961
+396,653
| +49% | +$6.51M |
|
572
Southern Company
SO
$102B
| $19.7M | 0.05% |
206,301
-51,590
| -20% | -$4.86M |
|
573
ProShares Ultra Technology
ROM
$1.23B
| $19.7M | 0.05% |
127,157
| – | – |
|
|
NSA
574
DELISTED
National Storage Affiliates Trust
NSA
| $19.7M | 0.05% |
443,426
+106,143
| +31% | +$4.55M |
|
575
Huntsman Corp
HUN
$1.75B
| $19.6M | 0.05% |
1,847,795
-258,162
| -12% | -$3.56M |
|
Similar funds
Joel Greenblatt's Q2 2026 Portfolio in Review
As of Q2 2026, Joel Greenblatt held 1,921 positions worth $43B, up 32% from $32.7B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Joel Greenblatt deployed $5.85B of net new capital in Q2 2026, opening 172 new positions and adding to 854 existing holdings. Its largest new stake was On Holding: 754,800 shares worth $26.7M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Western Digital, an estimated $97.7M trimmed.
- Joel Greenblatt's largest Q2 2026 buy was On Holding: 754,800 shares worth $26.7M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $1.73B increase.
- Joel Greenblatt's biggest Q2 2026 reduction was Western Digital, cutting an estimated $97.7M.
- Joel Greenblatt fully exited Masimo in Q2 2026, selling an estimated $60.7M.
- Joel Greenblatt's ten largest holdings make up 28% of its $43B portfolio in Q2 2026.
- Joel Greenblatt opened 172 new positions and closed 130 in Q2 2026.
- Joel Greenblatt's portfolio value rose 32% quarter-over-quarter to $43B.
Based on Gotham Asset Management's 13F filing for Q2 2026, filed 14 Aug 2026.