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 |
Johnson & Johnson
JNJ
|
+$81.8M |
| 2 |
NCR Voyix
VYX
|
+$79.9M |
| 3 |
General Dynamics
GD
|
+$74.8M |
| 4 |
Jacobs Solutions
J
|
+$69.8M |
| 5 |
Stanley Black & Decker
SWK
|
+$64.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$56.8M |
| 2 |
Illinois Tool Works
ITW
|
+$55M |
| 3 |
RAD
Rite Aid Corporation
RAD
|
+$51.9M |
| 4 |
NVR
NVR
|
+$51.6M |
| 5 |
Dick's Sporting Goods
DKS
|
+$51.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 22.47% |
| 2 | Technology | 20.39% |
| 3 | Consumer Discretionary | 18.93% |
| 4 | Consumer Staples | 12.29% |
| 5 | Healthcare | 10.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
Northrop Grumman
NOC
$78B
| $1M | 0.01% |
6,803
-2,405
| -26% | -$330K |
|
|
IPHS
627
DELISTED
Innophos Holdings, Inc.
IPHS
| $986K | 0.01% |
16,867
-806
| -5% | -$45.2K |
|
628
Integra LifeSciences
IART
$1.3B
| $979K | 0.01% |
44,156
-266,548
| -86% | -$5.4M |
|
|
VIVO
629
DELISTED
Meridian Bioscience Inc
VIVO
| $978K | 0.01% |
59,437
+5,810
| +11% | +$99.7K |
|
|
COHR
630
DELISTED
Coherent Inc
COHR
| $977K | 0.01% |
16,090
-5,761
| -26% | -$341K |
|
|
SWC
631
DELISTED
Stillwater Mining Co
SWC
| $973K | 0.01% |
66,035
+45,292
| +218% | +$622K |
|
632
Idacorp
IDA
$8B
| $972K | 0.01% |
14,683
-754
| -5% | -$46.2K |
|
|
CVGW
633
DELISTED
Calavo Growers
CVGW
| $970K | 0.01% |
20,517
+6,836
| +50% | +$314K |
|
|
KS
634
DELISTED
KapStone Paper and Pack Corp.
KS
| $966K | 0.01% |
+32,946
| New | +$959K |
|
|
AKRX
635
DELISTED
Akorn Inc
AKRX
| $961K | 0.01% |
26,536
+2,057
| +8% | +$79.4K |
|
636
Douglas Dynamics
PLOW
$961M
| $959K | 0.01% |
44,769
+23,339
| +109% | +$501K |
|
637
CSX Corp
CSX
$95.3B
| $956K | 0.01% |
+79,161
| New | +$927K |
|
638
SBA Communications
SBAC
$19.6B
| $951K | 0.01% |
+8,584
| New | +$965K |
|
|
CRC
639
DELISTED
California Resources Corporation
CRC
| $935K | 0.01% |
+16,962
| New | +$1.02M |
|
|
FDO
640
DELISTED
FAMILY DOLLAR STORES
FDO
| $927K | 0.01% |
+11,708
| New | +$919K |
|
641
Park-Ohio Holdings
PKOH
$649M
| $920K | 0.01% |
+14,601
| New | +$807K |
|
|
SPLS
642
DELISTED
Staples Inc
SPLS
| $915K | 0.01% |
50,476
-4,596
| -8% | -$64.2K |
|
|
TRCO
643
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $911K | 0.01% |
+15,247
| New | +$936K |
|
644
DXP Enterprises
DXPE
$2.9B
| $902K | 0.01% |
+17,849
| New | +$1.07M |
|
645
Humana
HUM
$46.4B
| $898K | 0.01% |
6,252
+279
| +5% | +$38.1K |
|
646
National Beverage
FIZZ
$3.1B
| $893K | 0.01% |
78,954
-1,838
| -2% | -$22K |
|
647
Kirby Corp
KEX
$7.32B
| $891K | 0.01% |
11,038
-12,225
| -53% | -$1.21M |
|
648
Starbucks
SBUX
$123B
| $887K | 0.01% |
21,624
-81,662
| -79% | -$3.19M |
|
649
Clearwater Paper
CLW
$343M
| $874K | 0.01% |
12,757
+4,366
| +52% | +$291K |
|
650
Elevance Health
ELV
$87.3B
| $859K | 0.01% |
6,835
+488
| +8% | +$60.3K |
|
Similar funds
Joel Greenblatt's Q4 2014 Portfolio in Review
As of Q4 2014, Joel Greenblatt held 1,167 positions worth $12.4B, up 23% from $10.1B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Joel Greenblatt deployed $1.67B of net new capital in Q4 2014, opening 197 new positions and adding to 380 existing holdings. Its largest new stake was Jacobs Solutions: 1,831,169 shares worth $67.7M.
By sector, the portfolio is most concentrated in Industrials at 22% of assets, up from 21% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Oracle, an estimated $56.8M trimmed.
- Joel Greenblatt's largest Q4 2014 buy was Jacobs Solutions: 1,831,169 shares worth $67.7M.
- Joel Greenblatt added most to Johnson & Johnson in Q4 2014, an estimated $81.8M increase.
- Joel Greenblatt's biggest Q4 2014 reduction was Oracle, cutting an estimated $56.8M.
- Joel Greenblatt fully exited TYCO INTL PLC COM SHS (IRL) in Q4 2014, selling an estimated $42.2M.
- Joel Greenblatt's ten largest holdings make up 7.2% of its $12.4B portfolio in Q4 2014.
- Joel Greenblatt opened 197 new positions and closed 231 in Q4 2014.
- Joel Greenblatt's portfolio value rose 23% quarter-over-quarter to $12.4B.
Based on Gotham Asset Management's 13F filing for Q4 2014, filed 17 Feb 2015.