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 |
Intuit
INTU
|
+$59.7M |
| 2 |
Lowe's Companies
LOW
|
+$54.1M |
| 3 |
FedEx
FDX
|
+$48.8M |
| 4 |
Marriott International
MAR
|
+$37.8M |
| 5 |
Hilton Worldwide
HLT
|
+$36.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$47.5M |
| 2 |
Qualcomm
QCOM
|
+$43.9M |
| 3 |
Boston Scientific
BSX
|
+$43.5M |
| 4 |
Baxter International
BAX
|
+$42.4M |
| 5 |
Corning
GLW
|
+$42M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 20.19% |
| 2 | Technology | 20.13% |
| 3 | Consumer Discretionary | 16.87% |
| 4 | Healthcare | 16.68% |
| 5 | Consumer Staples | 9.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RPXC
626
DELISTED
RPX Corporation
RPXC
| $1.1M | 0.02% |
+78,937
| New | +$1.05M |
|
627
Standard Motor Products
SMP
$838M
| $1.09M | 0.02% |
20,853
-16,542
| -44% | -$824K |
|
628
Fair Isaac
FICO
$25.2B
| $1.09M | 0.02% |
+7,799
| New | +$1.04M |
|
|
TRCO
629
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $1.08M | 0.02% |
26,524
+16,363
| +161% | +$641K |
|
|
MASI
630
DELISTED
Masimo
MASI
| $1.07M | 0.02% |
11,744
-37
| -0.3% | -$3.4K |
|
631
US Bancorp
USB
$97.3B
| $1.06M | 0.01% |
20,415
+2,364
| +13% | +$122K |
|
632
Supernus Pharmaceuticals
SUPN
$2.62B
| $1.05M | 0.01% |
24,381
-77,620
| -76% | -$2.76M |
|
|
SP
633
DELISTED
SP Plus Corporation
SP
| $1.05M | 0.01% |
34,374
+22,775
| +196% | +$708K |
|
|
BFX
634
DELISTED
BowFlex Inc.
BFX
| $1.03M | 0.01% |
+53,779
| New | +$972K |
|
635
TriNet
TNET
$3.19B
| $1.03M | 0.01% |
+31,332
| New | +$957K |
|
636
Cooper Companies
COO
$14.8B
| $1.02M | 0.01% |
16,992
-29,416
| -63% | -$1.6M |
|
637
Matthews International
MATW
$662M
| $1.01M | 0.01% |
16,502
-52,851
| -76% | -$3.45M |
|
638
Kohl's
KSS
$2.08B
| $1.01M | 0.01% |
26,055
-228,780
| -90% | -$8.77M |
|
|
KLXI
639
DELISTED
KLX Inc.
KLXI
| $995K | 0.01% |
+23,610
| New | +$956K |
|
640
Oxford Industries
OXM
$546M
| $978K | 0.01% |
+15,652
| New | +$903K |
|
641
Citigroup
C
$221B
| $975K | 0.01% |
14,572
+7,007
| +93% | +$430K |
|
642
Methode Electronics
MEI
$498M
| $967K | 0.01% |
23,460
+4,732
| +25% | +$197K |
|
643
Ingles Markets
IMKTA
$1.62B
| $955K | 0.01% |
28,688
-5,798
| -17% | -$230K |
|
644
Kelly Services Class A
KELYA
$583M
| $947K | 0.01% |
42,163
+10,017
| +31% | +$224K |
|
645
FMC
FMC
$1.41B
| $932K | 0.01% |
14,711
-47,591
| -76% | -$3.06M |
|
646
CenterPoint Energy
CNP
$25.8B
| $923K | 0.01% |
33,702
+15,688
| +87% | +$440K |
|
647
Huntington Bancshares
HBAN
$34.4B
| $907K | 0.01% |
67,061
-29,084
| -30% | -$376K |
|
648
ICU Medical
ICUI
$4.57B
| $907K | 0.01% |
5,259
-15,624
| -75% | -$2.51M |
|
|
HIBB
649
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $906K | 0.01% |
+43,647
| New | +$1.07M |
|
|
SCMP
650
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $903K | 0.01% |
85,967
-133,949
| -61% | -$1.37M |
|
Similar funds
Joel Greenblatt's Q2 2017 Portfolio in Review
As of Q2 2017, Joel Greenblatt held 1,194 positions worth $7.13B, down 9.5% from $7.88B the previous quarter. Its ten largest holdings account for 8.3% of the portfolio.
Joel Greenblatt withdrew a net $741M in Q2 2017, closing 245 positions and reducing 411 holdings. Its most notable exit was Raytheon Company, an estimated $23.3M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 20% of assets, down from 22% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Joel Greenblatt opened a new position in Intuit worth $61.1M.
- Joel Greenblatt's largest Q2 2017 buy was Intuit: 460,059 shares worth $61.1M.
- Joel Greenblatt added most to Lowe's Companies in Q2 2017, an estimated $54.1M increase.
- Joel Greenblatt's biggest Q2 2017 reduction was Boeing, cutting an estimated $47.5M.
- Joel Greenblatt fully exited Raytheon Company in Q2 2017, selling an estimated $23.3M.
- Joel Greenblatt's ten largest holdings make up 8.3% of its $7.13B portfolio in Q2 2017.
- Joel Greenblatt opened 220 new positions and closed 245 in Q2 2017.
- Joel Greenblatt's portfolio value fell 9.5% quarter-over-quarter to $7.13B.
Based on Gotham Asset Management's 13F filing for Q2 2017, filed 14 Aug 2017.