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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$82.2M |
| 2 |
Conagra Brands
CAG
|
+$63.5M |
| 3 |
Intuit
INTU
|
+$53.2M |
| 4 |
PARA
Paramount Global Class B
PARA
|
+$51.9M |
| 5 |
CVS Health
CVS
|
+$43M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Texas Instruments
TXN
|
+$40.5M |
| 2 |
Merck
MRK
|
+$39.5M |
| 3 |
DD
Du Pont De Nemours E I
DD
|
+$38.8M |
| 4 |
Viatris
VTRS
|
+$38.8M |
| 5 |
DaVita
DVA
|
+$37.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.31% |
| 2 | Industrials | 19.34% |
| 3 | Healthcare | 18.39% |
| 4 | Consumer Discretionary | 16.87% |
| 5 | Consumer Staples | 8.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
Emcor
EME
$33.7B
| $1.03M | 0.01% |
20,931
-262,803
| -93% | -$12.5M |
|
627
Scholastic
SCHL
$760M
| $1.01M | 0.01% |
+25,546
| New | +$961K |
|
628
Watsco Inc
WSO
$12.8B
| $1.01M | 0.01% |
7,174
-42,935
| -86% | -$5.76M |
|
|
ATVI
629
DELISTED
Activision Blizzard
ATVI
| $1M | 0.01% |
25,267
-167,529
| -87% | -$6.15M |
|
630
Prestige Consumer Healthcare
PBH
$2.46B
| $979K | 0.01% |
17,679
-1,162
| -6% | -$64K |
|
631
Charles River Laboratories
CRL
$14.3B
| $977K | 0.01% |
11,856
-58,371
| -83% | -$4.81M |
|
|
TUMI
632
DELISTED
TUMI HLDGS INC COM
TUMI
| $976K | 0.01% |
36,492
-25,097
| -41% | -$670K |
|
|
EFOR
633
Everforth Inc
EFOR
$1.33B
| $966K | 0.01% |
26,140
-6,210
| -19% | -$228K |
|
634
T. Rowe Price
TROW
$24B
| $955K | 0.01% |
13,088
-32,489
| -71% | -$2.42M |
|
635
Insteel Industries
IIIN
$585M
| $950K | 0.01% |
33,220
+11,766
| +55% | +$333K |
|
636
Fortinet
FTNT
$112B
| $942K | 0.01% |
149,140
-133,835
| -47% | -$867K |
|
637
Ingredion
INGR
$6.69B
| $939K | 0.01% |
7,256
-30,545
| -81% | -$3.55M |
|
638
TTM Technologies
TTMI
$11.3B
| $933K | 0.01% |
123,881
-7,046
| -5% | -$49.9K |
|
|
BETR
639
DELISTED
Amplify Snack Brands, Inc.
BETR
| $933K | 0.01% |
+63,266
| New | +$876K |
|
|
ASRT
640
DELISTED
Assertio
ASRT
| $928K | 0.01% |
+789
| New | +$863K |
|
641
Lumentum
LITE
$74.5B
| $908K | 0.01% |
37,512
-12,957
| -26% | -$321K |
|
642
Globant
GLOB
$1.71B
| $898K | 0.01% |
22,816
-3,284
| -13% | -$120K |
|
643
Astec Industries
ASTE
$1B
| $887K | 0.01% |
+15,798
| New | +$802K |
|
|
NVRO
644
DELISTED
NEVRO CORP.
NVRO
| $880K | 0.01% |
+11,924
| New | +$809K |
|
|
GRUB
645
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $877K | 0.01% |
+14,116
| New | +$742K |
|
|
USCR
646
DELISTED
U S Concrete, Inc.
USCR
| $856K | 0.01% |
+14,053
| New | +$882K |
|
|
NTRI
647
DELISTED
NutriSystem, Inc.
NTRI
| $855K | 0.01% |
33,710
+2,448
| +8% | +$59.1K |
|
|
FINL
648
DELISTED
Finish Line
FINL
| $854K | 0.01% |
+42,291
| New | +$799K |
|
649
Cato Corp
CATO
$55.7M
| $853K | 0.01% |
22,603
-18,006
| -44% | -$671K |
|
650
Marten Transport
MRTN
$1.2B
| $845K | 0.01% |
+106,730
| New | +$812K |
|
Similar funds
Joel Greenblatt's Q2 2016 Portfolio in Review
As of Q2 2016, Joel Greenblatt held 1,194 positions worth $8.34B, down 6.5% from $8.92B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Joel Greenblatt withdrew a net $527M in Q2 2016, closing 260 positions and reducing 357 holdings. Its most notable exit was Viatris, an estimated $38.8M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Industrials and Healthcare.
Against the trend, Joel Greenblatt opened a new position in Twenty-First Century Fox, Inc. Class A worth $76.3M.
- Joel Greenblatt's largest Q2 2016 buy was Twenty-First Century Fox, Inc. Class A: 2,822,168 shares worth $76.3M.
- Joel Greenblatt added most to Paramount Global Class B in Q2 2016, an estimated $51.9M increase.
- Joel Greenblatt's biggest Q2 2016 reduction was Texas Instruments, cutting an estimated $40.5M.
- Joel Greenblatt fully exited Viatris in Q2 2016, selling an estimated $38.8M.
- Joel Greenblatt's ten largest holdings make up 9% of its $8.34B portfolio in Q2 2016.
- Joel Greenblatt opened 244 new positions and closed 260 in Q2 2016.
- Joel Greenblatt's portfolio value fell 6.5% quarter-over-quarter to $8.34B.
Based on Gotham Asset Management's 13F filing for Q2 2016, filed 15 Aug 2016.