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 | |
|---|---|---|---|---|---|---|
626
CGI
GIB
$15.5B
| $833K | 0.03% |
10,434
-712
| -6% | -$59.2K |
|
627
AdvanSix
ASIX
$464M
| $830K | 0.03% |
16,252
-4,162
| -20% | -$185K |
|
628
DT Midstream
DTM
$12.9B
| $827K | 0.03% |
15,249
+5,726
| +60% | +$298K |
|
629
American International
AIG
$39.8B
| $826K | 0.03% |
13,162
+2,641
| +25% | +$159K |
|
630
Bank OZK
OZK
$5.39B
| $826K | 0.03% |
19,348
+7,916
| +69% | +$369K |
|
631
TransUnion
TRU
$16.2B
| $825K | 0.03% |
7,988
+5,526
| +224% | +$561K |
|
632
Descartes Systems
DSGX
$6.7B
| $820K | 0.03% |
11,187
+5,925
| +113% | +$427K |
|
633
Compass Minerals
CMP
$1.09B
| $819K | 0.03% |
13,048
+2,392
| +22% | +$136K |
|
634
Ubiquiti
UI
$33.8B
| $817K | 0.03% |
2,807
-3,278
| -54% | -$886K |
|
|
VMW
635
DELISTED
VMware, Inc
VMW
| $817K | 0.03% |
7,175
-24,075
| -77% | -$2.92M |
|
636
United Rentals
URI
$68.4B
| $816K | 0.03% |
2,298
-49
| -2% | -$16K |
|
637
AMN Healthcare
AMN
$1.33B
| $815K | 0.03% |
+7,814
| New | +$811K |
|
638
Fidelity National Financial
FNF
$12.7B
| $811K | 0.03% |
17,260
+8,506
| +97% | +$407K |
|
639
Reliance Steel & Aluminium
RS
$19.8B
| $810K | 0.03% |
+4,417
| New | +$764K |
|
640
Conagra Brands
CAG
$7.89B
| $808K | 0.03% |
24,055
+12,835
| +114% | +$437K |
|
641
Merit Medical Systems
MMSI
$5.42B
| $807K | 0.03% |
12,128
-295
| -2% | -$17.7K |
|
642
Flowserve
FLS
$10.1B
| $801K | 0.02% |
22,301
+4,395
| +25% | +$144K |
|
643
Acushnet Holdings
GOLF
$5.19B
| $795K | 0.02% |
19,741
+8,575
| +77% | +$387K |
|
644
Louisiana-Pacific
LPX
$5.12B
| $794K | 0.02% |
12,778
-25,264
| -66% | -$1.74M |
|
645
Old Republic International
ORI
$10B
| $793K | 0.02% |
30,658
+11,725
| +62% | +$302K |
|
646
Lear
LEA
$8.56B
| $788K | 0.02% |
5,528
+2,554
| +86% | +$415K |
|
647
Pediatrix Medical
MD
$2.16B
| $787K | 0.02% |
33,504
+299
| +0.9% | +$7.32K |
|
648
Steel Dynamics
STLD
$32.8B
| $785K | 0.02% |
9,409
-33,469
| -78% | -$2.26M |
|
|
TWNK
649
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $783K | 0.02% |
35,711
-67
| -0.2% | -$1.39K |
|
650
Sensient Technologies
SXT
$5.73B
| $782K | 0.02% |
9,313
-775
| -8% | -$65.3K |
|
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.