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 |
BILL Holdings
BILL
|
+$41.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$35.9M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$35.8M |
| 4 |
PayPal
PYPL
|
+$17.4M |
| 5 |
NATI
National Instruments Corp
NATI
|
+$12.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pfizer
PFE
|
+$14M |
| 2 |
Lam Research
LRCX
|
+$12.7M |
| 3 |
Meta Platforms (Facebook)
META
|
+$9.54M |
| 4 |
VMW
VMware, Inc
VMW
|
+$9.3M |
| 5 |
Valvoline
VVV
|
+$9.03M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.4% |
| 2 | Industrials | 12.68% |
| 3 | Consumer Discretionary | 10.55% |
| 4 | Healthcare | 8.73% |
| 5 | Financials | 6.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Newell Brands
NWL
$2.59B
| $2.35M | 0.04% |
270,648
+116,159
| +75% | +$886K |
|
552
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $2.33M | 0.04% |
14,767
-21,779
| -60% | -$3.16M |
|
553
Entergy
ETR
$48.8B
| $2.32M | 0.04% |
45,824
-2,646
| -5% | -$129K |
|
554
Ubiquiti
UI
$33.8B
| $2.31M | 0.04% |
16,564
+14,494
| +700% | +$1.77M |
|
555
Booz Allen Hamilton
BAH
$9.27B
| $2.31M | 0.04% |
18,055
+3,926
| +28% | +$489K |
|
556
Hasbro
HAS
$13.2B
| $2.3M | 0.04% |
45,131
+26,957
| +148% | +$1.36M |
|
557
Vanguard Total World Stock ETF
VT
$81.1B
| $2.3M | 0.04% |
22,359
+7,842
| +54% | +$755K |
|
558
Campbell Soup
CPB
$7.14B
| $2.3M | 0.04% |
53,198
-68,570
| -56% | -$2.82M |
|
559
Grocery Outlet
GO
$1.15B
| $2.29M | 0.04% |
84,964
-11,309
| -12% | -$317K |
|
560
Ginkgo Bioworks
DNA
$498M
| $2.28M | 0.04% |
33,773
-14,719
| -30% | -$901K |
|
561
DT Midstream
DTM
$12.9B
| $2.28M | 0.04% |
41,575
-3,929
| -9% | -$216K |
|
|
SEE
562
DELISTED
Sealed Air
SEE
| $2.27M | 0.04% |
62,120
+45,727
| +279% | +$1.5M |
|
563
D.R. Horton
DHI
$41.5B
| $2.26M | 0.04% |
14,887
-10,529
| -41% | -$1.3M |
|
564
Capri Holdings
CPRI
$1.55B
| $2.26M | 0.04% |
45,020
-5,400
| -11% | -$269K |
|
565
Trane Technologies
TT
$99.8B
| $2.26M | 0.04% |
9,260
+3,362
| +57% | +$736K |
|
566
Coca-Cola Consolidated
COKE
$12.6B
| $2.23M | 0.04% |
23,990
-15,000
| -38% | -$1.09M |
|
567
Tandem Diabetes Care
TNDM
$1.55B
| $2.23M | 0.04% |
75,273
+60,555
| +411% | +$1.26M |
|
568
Invesco QQQ Trust
QQQ
$487B
| $2.21M | 0.04% |
5,403
| – | – |
|
569
Arch Capital
ACGL
$33.9B
| $2.2M | 0.04% |
29,605
-21,532
| -42% | -$1.76M |
|
570
iShares 20+ Year Treasury Bond ETF
TLT
$46.3B
| $2.2M | 0.04% |
+22,199
| New | +$2.01M |
|
571
KKR & Co
KKR
$97.4B
| $2.18M | 0.04% |
26,363
-771
| -3% | -$52.2K |
|
|
DFS
572
DELISTED
Discover Financial Services
DFS
| $2.18M | 0.04% |
19,397
+113
| +0.6% | +$10.4K |
|
573
Chord Energy
CHRD
$8.09B
| $2.18M | 0.04% |
13,108
+4,115
| +46% | +$673K |
|
574
Shopify
SHOP
$192B
| $2.18M | 0.04% |
27,953
+23,307
| +502% | +$1.49M |
|
575
Fidelity Total Bond ETF
FBND
$27.3B
| $2.18M | 0.04% |
+47,255
| New | +$2.09M |
|
Similar funds
Joel Greenblatt's Q4 2023 Portfolio in Review
As of Q4 2023, Joel Greenblatt held 1,470 positions worth $5.39B, up 11% from $4.84B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Joel Greenblatt's Q4 2023 filing shows 157 new, 492 increased, 650 reduced and 145 closed positions. Its largest new stake was Fidelity Fundamental Small-Mid Cap ETF: 457,078 shares worth $4.99M. The largest sale was Pfizer, an estimated $14M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
- Joel Greenblatt's largest Q4 2023 buy was Fidelity Fundamental Small-Mid Cap ETF: 457,078 shares worth $4.99M.
- Joel Greenblatt added most to BILL Holdings in Q4 2023, an estimated $41.5M increase.
- Joel Greenblatt's biggest Q4 2023 reduction was Pfizer, cutting an estimated $14M.
- Joel Greenblatt fully exited VMware, Inc in Q4 2023, selling an estimated $9.3M.
- Joel Greenblatt's ten largest holdings make up 24% of its $5.39B portfolio in Q4 2023.
- Joel Greenblatt opened 157 new positions and closed 145 in Q4 2023.
- Joel Greenblatt's portfolio value rose 11% quarter-over-quarter to $5.39B.
Based on Gotham Asset Management's 13F filing for Q4 2023, filed 14 Feb 2024.