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
|
+$128M |
| 2 |
NVIDIA
NVDA
|
+$27.8M |
| 3 |
Duke Energy
DUK
|
+$18.4M |
| 4 |
MRO
Marathon Oil Corporation
MRO
|
+$13.2M |
| 5 |
Qorvo
QRVO
|
+$11.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Super Micro Computer
SMCI
|
+$15.8M |
| 2 |
J.M. Smucker
SJM
|
+$10.6M |
| 3 |
HOLX
Hologic
HOLX
|
+$10.1M |
| 4 |
SPLK
Splunk Inc
SPLK
|
+$9M |
| 5 |
Emerson Electric
EMR
|
+$8.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.24% |
| 2 | Industrials | 12.84% |
| 3 | Consumer Discretionary | 10.7% |
| 4 | Healthcare | 8.81% |
| 5 | Financials | 6.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Morgan Stanley
MS
$336B
| $2.4M | 0.04% |
25,527
+232
| +0.9% | +$20.4K |
|
602
Abercrombie & Fitch
ANF
$4.84B
| $2.4M | 0.04% |
19,143
-12,052
| -39% | -$1.37M |
|
603
Dick's Sporting Goods
DKS
$16.4B
| $2.39M | 0.04% |
10,638
-2,230
| -17% | -$381K |
|
604
Vanguard Morningstar Small-Cap Value ETF
VBR
$38B
| $2.38M | 0.04% |
12,425
+685
| +6% | +$124K |
|
605
Las Vegas Sands
LVS
$30.5B
| $2.36M | 0.04% |
45,629
+9,862
| +28% | +$507K |
|
606
Saia
SAIA
$9.66B
| $2.34M | 0.04% |
4,005
+2,968
| +286% | +$1.55M |
|
607
Invesco QQQ Trust
QQQ
$487B
| $2.34M | 0.04% |
5,267
-136
| -3% | -$58.3K |
|
608
Lyft
LYFT
$6.61B
| $2.34M | 0.04% |
120,801
+35,076
| +41% | +$538K |
|
609
APi Group
APG
$17.8B
| $2.34M | 0.04% |
89,277
-632
| -0.7% | -$14.7K |
|
610
Ubiquiti
UI
$33.8B
| $2.33M | 0.04% |
20,092
+3,528
| +21% | +$433K |
|
611
Clearway Energy Class C
CWEN
$6.68B
| $2.32M | 0.04% |
100,844
-68,255
| -40% | -$1.6M |
|
612
EnerSys
ENS
$6.84B
| $2.31M | 0.03% |
24,468
-13,740
| -36% | -$1.29M |
|
613
JFrog
FROG
$11.4B
| $2.3M | 0.03% |
52,060
+38,715
| +290% | +$1.5M |
|
614
LCI Industries
LCII
$2.48B
| $2.3M | 0.03% |
18,663
+14,973
| +406% | +$1.76M |
|
615
Core & Main
CNM
$8.4B
| $2.3M | 0.03% |
40,090
-37,241
| -48% | -$1.71M |
|
616
Fidelity Total Bond ETF
FBND
$27.3B
| $2.27M | 0.03% |
50,064
+2,809
| +6% | +$127K |
|
617
Parsons
PSN
$5.24B
| $2.26M | 0.03% |
27,272
+11,516
| +73% | +$840K |
|
618
UFP Industries
UFPI
$4.9B
| $2.26M | 0.03% |
18,377
+3,027
| +20% | +$352K |
|
|
ACH
619
Accendra Health
ACH
$92.3M
| $2.23M | 0.03% |
80,651
+28,727
| +55% | +$638K |
|
620
JPMorgan Equity Premium Income ETF
JEPI
$46.3B
| $2.22M | 0.03% |
38,454
+505
| +1% | +$28.4K |
|
621
Workday
WDAY
$49.4B
| $2.2M | 0.03% |
8,083
-647
| -7% | -$184K |
|
622
Raymond James Financial
RJF
$33.7B
| $2.19M | 0.03% |
17,077
+172
| +1% | +$20K |
|
623
Tyson Foods
TSN
$20.6B
| $2.19M | 0.03% |
37,273
+29,705
| +393% | +$1.63M |
|
624
Insight Enterprises
NSIT
$4.33B
| $2.18M | 0.03% |
11,776
-3,710
| -24% | -$685K |
|
625
Nexstar Media Group
NXST
$5.73B
| $2.18M | 0.03% |
12,654
+2,583
| +26% | +$434K |
|
Similar funds
Joel Greenblatt's Q1 2024 Portfolio in Review
As of Q1 2024, Joel Greenblatt held 1,490 positions worth $6.62B, up 23% from $5.39B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $697M of net new capital in Q1 2024, opening 166 new positions and adding to 708 existing holdings. Its largest new stake was Qorvo: 104,363 shares worth $12M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Super Micro Computer, an estimated $15.8M trimmed.
- Joel Greenblatt's largest Q1 2024 buy was Qorvo: 104,363 shares worth $12M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $128M increase.
- Joel Greenblatt's biggest Q1 2024 reduction was Super Micro Computer, cutting an estimated $15.8M.
- Joel Greenblatt fully exited Splunk Inc in Q1 2024, selling an estimated $9M.
- Joel Greenblatt's ten largest holdings make up 25% of its $6.62B portfolio in Q1 2024.
- Joel Greenblatt opened 166 new positions and closed 124 in Q1 2024.
- Joel Greenblatt's portfolio value rose 23% quarter-over-quarter to $6.62B.
Based on Gotham Asset Management's 13F filing for Q1 2024, filed 15 May 2024.