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 | |
|---|---|---|---|---|---|---|
576
Becton Dickinson
BDX
$52.3B
| $2.17M | 0.04% |
8,915
+8,101
| +995% | +$2M |
|
577
Quanta Services
PWR
$96.1B
| $2.15M | 0.04% |
9,973
+995
| +11% | +$184K |
|
578
DuPont de Nemours
DD
$18.7B
| $2.15M | 0.04% |
22,274
-51,050
| -70% | -$4.64M |
|
579
Medpace
MEDP
$17.3B
| $2.14M | 0.04% |
6,987
-143
| -2% | -$38.6K |
|
|
MCW
580
DELISTED
Mister Car Wash
MCW
| $2.14M | 0.04% |
247,829
-26,785
| -10% | -$182K |
|
581
VICI Properties
VICI
$29.2B
| $2.13M | 0.04% |
66,861
-9,482
| -12% | -$278K |
|
582
Aon
AON
$75.3B
| $2.12M | 0.04% |
7,285
+1,013
| +16% | +$324K |
|
583
Trex
TREX
$4.77B
| $2.12M | 0.04% |
+25,586
| New | +$1.7M |
|
584
Reliance Steel & Aluminium
RS
$19.8B
| $2.11M | 0.04% |
7,556
-2,314
| -23% | -$614K |
|
585
Vanguard Morningstar Small-Cap Value ETF
VBR
$38B
| $2.11M | 0.04% |
11,740
| – | – |
|
586
Element Solutions
ESI
$8.6B
| $2.11M | 0.04% |
91,258
-46,940
| -34% | -$948K |
|
587
JPMorgan Equity Premium Income ETF
JEPI
$46.3B
| $2.09M | 0.04% |
37,949
| – | – |
|
|
ANSS
588
DELISTED
Ansys
ANSS
| $2.09M | 0.04% |
5,747
-9,345
| -62% | -$2.77M |
|
589
Sterling Infrastructure
STRL
$15.8B
| $2.08M | 0.04% |
23,616
-1,856
| -7% | -$134K |
|
590
Xylem
XYL
$26.5B
| $2.08M | 0.04% |
18,158
+7,289
| +67% | +$727K |
|
591
APi Group
APG
$17.8B
| $2.07M | 0.04% |
89,909
-9,363
| -9% | -$181K |
|
592
Alnylam Pharmaceuticals
ALNY
$31.6B
| $2.07M | 0.04% |
10,809
+7,727
| +251% | +$1.32M |
|
593
Honeywell
HON
$68.4B
| $2.06M | 0.04% |
10,441
+4,316
| +70% | +$778K |
|
594
ManpowerGroup
MAN
$2.86B
| $2.06M | 0.04% |
25,963
+17,149
| +195% | +$1.27M |
|
595
Aptiv
APTV
$10B
| $2.06M | 0.04% |
22,989
+19,486
| +556% | +$1.68M |
|
596
Alamos Gold
AGI
$15.8B
| $2.06M | 0.04% |
152,564
+4,260
| +3% | +$55.8K |
|
597
GitLab
GTLB
$7.04B
| $2.05M | 0.04% |
32,582
+5,323
| +20% | +$269K |
|
598
Warner Bros
WBD
$71.6B
| $2.05M | 0.04% |
180,147
+61,428
| +52% | +$663K |
|
599
Westlake Corp
WLK
$10.1B
| $2.05M | 0.04% |
14,629
-6,209
| -30% | -$788K |
|
600
Tradeweb Markets
TW
$22.6B
| $2.05M | 0.04% |
22,523
+2,009
| +10% | +$179K |
|
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.