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 | |
|---|---|---|---|---|---|---|
|
GMS
551
DELISTED
GMS Inc
GMS
| $1.08M | 0.03% |
44,074
-28,056
| -39% | -$535K |
|
552
Allstate
ALL
$64.2B
| $1.07M | 0.03% |
11,038
-17,220
| -61% | -$1.69M |
|
553
Incyte
INCY
$25.9B
| $1.07M | 0.03% |
10,280
+3,500
| +52% | +$337K |
|
554
Valvoline
VVV
$4.33B
| $1.07M | 0.03% |
55,252
+32,976
| +148% | +$560K |
|
|
WCN
555
Waste Connections
WCN
$42.6B
| $1.07M | 0.03% |
+11,383
| New | +$1.01M |
|
556
Mine Safety
MSA
$7.31B
| $1.06M | 0.03% |
+9,294
| New | +$1.03M |
|
557
Fair Isaac
FICO
$25.3B
| $1.06M | 0.03% |
2,541
-306
| -11% | -$112K |
|
558
Dycom Industries
DY
$11.8B
| $1.06M | 0.03% |
+25,937
| New | +$896K |
|
559
Marathon Petroleum
MPC
$101B
| $1.06M | 0.03% |
28,362
-369,513
| -93% | -$11.9M |
|
|
GTLS
560
DELISTED
Chart Industries
GTLS
| $1.05M | 0.03% |
21,722
+7,958
| +58% | +$292K |
|
561
Brink's
BCO
$4.59B
| $1.05M | 0.03% |
23,058
+13,863
| +151% | +$631K |
|
562
Strategy Inc
MSTR
$47.4B
| $1.05M | 0.03% |
88,590
+24,630
| +39% | +$300K |
|
563
Prologis
PLD
$135B
| $1.05M | 0.03% |
+11,216
| New | +$1M |
|
564
EverQuote
EVER
$889M
| $1.03M | 0.03% |
17,753
-13,516
| -43% | -$635K |
|
565
Cinemark Holdings
CNK
$4.24B
| $1.02M | 0.03% |
88,485
+72,564
| +456% | +$985K |
|
566
Globant
GLOB
$1.71B
| $998K | 0.03% |
6,663
-677
| -9% | -$83.6K |
|
567
Power Integrations
POWI
$3.08B
| $997K | 0.03% |
+16,888
| New | +$888K |
|
568
W.W. Grainger
GWW
$61.8B
| $988K | 0.03% |
3,145
-4,752
| -60% | -$1.37M |
|
569
Cracker Barrel
CBRL
$1.29B
| $985K | 0.03% |
8,883
-25,273
| -74% | -$2.51M |
|
570
Synchrony
SYF
$25.9B
| $967K | 0.03% |
43,651
+25,401
| +139% | +$495K |
|
571
Huntsman Corp
HUN
$1.75B
| $965K | 0.03% |
53,688
-6,555
| -11% | -$110K |
|
|
REGI
572
DELISTED
Renewable Energy Group, Inc.
REGI
| $956K | 0.03% |
38,586
+24,919
| +182% | +$631K |
|
|
BKI
573
DELISTED
Black Knight, Inc. Common Stock
BKI
| $953K | 0.03% |
+13,128
| New | +$931K |
|
574
Prestige Consumer Healthcare
PBH
$2.43B
| $951K | 0.03% |
25,313
+9,581
| +61% | +$383K |
|
|
HRC
575
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $938K | 0.03% |
+8,547
| New | +$895K |
|
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.