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
|
+$44.4M |
| 2 |
Qualcomm
QCOM
|
+$16.8M |
| 3 |
Meta Platforms (Facebook)
META
|
+$15.7M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$15.1M |
| 5 |
Gotham Enhanced 500 ETF
GSPY
|
+$13.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Caterpillar
CAT
|
+$8.65M |
| 2 |
B
Barrick Mining
B
|
+$8.65M |
| 3 |
Coca-Cola
KO
|
+$8.49M |
| 4 |
Walmart Inc
WMT
|
+$8.26M |
| 5 |
Intel
INTC
|
+$8.17M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.32% |
| 2 | Healthcare | 12.14% |
| 3 | Industrials | 10.81% |
| 4 | Consumer Discretionary | 10.41% |
| 5 | Financials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Nutanix
NTNX
$18.3B
| $904K | 0.03% |
33,691
-7,435
| -18% | -$199K |
|
602
Brookfield Renewable
BEPC
$6.17B
| $902K | 0.03% |
20,602
+6,983
| +51% | +$258K |
|
|
VRTV
603
DELISTED
VERITIV CORPORATION
VRTV
| $902K | 0.03% |
6,752
+4,834
| +252% | +$527K |
|
604
Murphy USA
MUSA
$10.5B
| $898K | 0.03% |
4,491
+486
| +12% | +$91.2K |
|
605
Incyte
INCY
$25.9B
| $896K | 0.03% |
11,285
-9,571
| -46% | -$696K |
|
606
Hilton Worldwide
HLT
$73.5B
| $893K | 0.03% |
5,885
-3,792
| -39% | -$559K |
|
607
Columbia Sportswear
COLM
$3.09B
| $889K | 0.03% |
9,821
+3,301
| +51% | +$305K |
|
608
Analog Devices
ADI
$182B
| $888K | 0.03% |
5,373
+708
| +15% | +$115K |
|
609
SEI Investments
SEIC
$13.1B
| $876K | 0.03% |
14,555
+5,382
| +59% | +$320K |
|
610
Avery Dennison
AVY
$13.9B
| $875K | 0.03% |
5,032
-9,790
| -66% | -$1.82M |
|
611
Enphase Energy
ENPH
$5.1B
| $870K | 0.03% |
4,314
-5,623
| -57% | -$884K |
|
612
F5
FFIV
$21.8B
| $868K | 0.03% |
4,153
+889
| +27% | +$187K |
|
613
Xylem
XYL
$26.5B
| $864K | 0.03% |
10,137
+5,154
| +103% | +$494K |
|
|
NGD
614
DELISTED
New Gold Inc
NGD
| $862K | 0.03% |
478,853
+452,195
| +1,696% | +$777K |
|
|
QVCGA
615
DELISTED
QVC Group Inc Series A
QVCGA
| $861K | 0.03% |
3,617
+3,376
| +1,401% | +$1.08M |
|
616
Ciena
CIEN
$56B
| $858K | 0.03% |
14,144
+7,140
| +102% | +$467K |
|
617
Vornado Realty Trust
VNO
$7.07B
| $857K | 0.03% |
18,903
+5,258
| +39% | +$230K |
|
618
O-I Glass
OI
$1.1B
| $853K | 0.03% |
64,715
+13,233
| +26% | +$173K |
|
619
Flowers Foods
FLO
$1.47B
| $848K | 0.03% |
32,996
+4,625
| +16% | +$126K |
|
620
Tenet Healthcare
THC
$22.6B
| $841K | 0.03% |
9,786
-28,990
| -75% | -$2.38M |
|
621
Planet Fitness
PLNT
$4.09B
| $839K | 0.03% |
9,930
-468
| -5% | -$40.6K |
|
622
Sun Communities
SUI
$14.8B
| $839K | 0.03% |
4,788
+1,646
| +52% | +$306K |
|
623
National Fuel Gas
NFG
$7.84B
| $838K | 0.03% |
12,203
-5,950
| -33% | -$376K |
|
624
NETSCOUT
NTCT
$2.8B
| $837K | 0.03% |
+26,094
| New | +$820K |
|
625
Hartford Financial Services
HIG
$36.9B
| $834K | 0.03% |
11,613
+6,716
| +137% | +$474K |
|
Similar funds
Joel Greenblatt's Q1 2022 Portfolio in Review
As of Q1 2022, Joel Greenblatt held 1,287 positions worth $3.23B, up 4.2% from $3.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Joel Greenblatt deployed $253M of net new capital in Q1 2022, opening 161 new positions and adding to 542 existing holdings. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 260,811 shares worth $14.5M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Industrials.
On the sell side, the largest reduction was Caterpillar, an estimated $8.65M trimmed.
- Joel Greenblatt's largest Q1 2022 buy was iShares Core MSCI Emerging Markets ETF: 260,811 shares worth $14.5M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2022, an estimated $44.4M increase.
- Joel Greenblatt's biggest Q1 2022 reduction was Caterpillar, cutting an estimated $8.65M.
- Joel Greenblatt fully exited Xilinx Inc in Q1 2022, selling an estimated $4.46M.
- Joel Greenblatt's ten largest holdings make up 22% of its $3.23B portfolio in Q1 2022.
- Joel Greenblatt opened 161 new positions and closed 174 in Q1 2022.
- Joel Greenblatt's portfolio value rose 4.2% quarter-over-quarter to $3.23B.
Based on Gotham Asset Management's 13F filing for Q1 2022, filed 16 May 2022.