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
|
+$123M |
| 2 |
NVIDIA
NVDA
|
+$47.4M |
| 3 |
ANSS
Ansys
ANSS
|
+$21.2M |
| 4 |
Gotham Enhanced 500 ETF
GSPY
|
+$20.9M |
| 5 |
Lincoln Electric
LECO
|
+$20.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$10.9M |
| 2 |
Duke Energy
DUK
|
+$10.2M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$9.29M |
| 4 |
MRSH
Marsh
MRSH
|
+$8.62M |
| 5 |
Incyte
INCY
|
+$7.89M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.91% |
| 2 | Industrials | 12.24% |
| 3 | Consumer Discretionary | 10.35% |
| 4 | Healthcare | 8.92% |
| 5 | Financials | 6.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
PVH
PVH
$3.55B
| $2.41M | 0.03% |
22,761
+16,984
| +294% | +$1.92M |
|
627
Zurn Elkay Water Solutions
ZWS
$8.1B
| $2.41M | 0.03% |
81,958
+19,181
| +31% | +$604K |
|
628
CAVA Group
CAVA
$8.4B
| $2.4M | 0.03% |
25,841
+22,861
| +767% | +$1.76M |
|
629
Wolfspeed
WOLF
$1.29B
| $2.38M | 0.03% |
104,600
+72,785
| +229% | +$1.88M |
|
630
Sotera Health
SHC
$5.47B
| $2.38M | 0.03% |
200,432
+188,502
| +1,580% | +$2.15M |
|
631
D.R. Horton
DHI
$41.7B
| $2.38M | 0.03% |
16,873
+8,964
| +113% | +$1.32M |
|
632
Credit Acceptance
CACC
$6.26B
| $2.36M | 0.03% |
4,576
| – | – |
|
633
Perrigo
PRGO
$1.98B
| $2.35M | 0.03% |
91,473
+32,704
| +56% | +$961K |
|
634
Healthpeak Properties
DOC
$14.9B
| $2.34M | 0.03% |
119,449
-10,842
| -8% | -$207K |
|
635
Dentsply Sirona
XRAY
$2.17B
| $2.34M | 0.03% |
93,979
-139,982
| -60% | -$4.01M |
|
636
TD Synnex
SNX
$19.5B
| $2.34M | 0.03% |
20,271
-1,902
| -9% | -$232K |
|
637
Blackstone
BX
$108B
| $2.34M | 0.03% |
18,888
+76
| +0.4% | +$9.35K |
|
638
Alexandria Real Estate Equities
ARE
$9.3B
| $2.34M | 0.03% |
19,987
-5,681
| -22% | -$677K |
|
639
International Flavors & Fragrances
IFF
$21.9B
| $2.34M | 0.03% |
24,544
-30,950
| -56% | -$2.84M |
|
640
Crane NXT
CXT
$2.87B
| $2.33M | 0.03% |
38,016
-30,190
| -44% | -$1.85M |
|
|
MZTI
641
The Marzetti Company
MZTI
$3.17B
| $2.33M | 0.03% |
12,339
+7,630
| +162% | +$1.46M |
|
642
GoDaddy
GDDY
$12.7B
| $2.32M | 0.03% |
16,608
+9,802
| +144% | +$1.29M |
|
643
Elanco Animal Health
ELAN
$12.2B
| $2.32M | 0.03% |
+160,573
| New | +$2.57M |
|
644
Helix Energy Solutions
HLX
$1.47B
| $2.31M | 0.03% |
193,344
+56,433
| +41% | +$629K |
|
645
GE Vernova
GEV
$251B
| $2.3M | 0.03% |
+13,438
| New | +$2.13M |
|
646
Academy Sports + Outdoors
ASO
$2.86B
| $2.29M | 0.03% |
42,912
+31,396
| +273% | +$1.78M |
|
647
Bumble
BMBL
$376M
| $2.28M | 0.03% |
217,136
+202,493
| +1,383% | +$2.21M |
|
648
Worthington Enterprises
WOR
$2.78B
| $2.28M | 0.03% |
48,091
+16,593
| +53% | +$937K |
|
|
SGI
649
Somnigroup International
SGI
$13.5B
| $2.26M | 0.03% |
47,797
+31,280
| +189% | +$1.58M |
|
650
Royal Caribbean
RCL
$78.4B
| $2.25M | 0.03% |
14,101
-24,713
| -64% | -$3.55M |
|
Similar funds
Joel Greenblatt's Q2 2024 Portfolio in Review
As of Q2 2024, Joel Greenblatt held 1,531 positions worth $7.72B, up 17% from $6.62B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.17B of net new capital in Q2 2024, opening 165 new positions and adding to 726 existing holdings. Its largest new stake was monday.com: 92,920 shares worth $22.4M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Honeywell, an estimated $10.9M trimmed.
- Joel Greenblatt's largest Q2 2024 buy was monday.com: 92,920 shares worth $22.4M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $123M increase.
- Joel Greenblatt's biggest Q2 2024 reduction was Honeywell, cutting an estimated $10.9M.
- Joel Greenblatt fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $9.29M.
- Joel Greenblatt's ten largest holdings make up 25% of its $7.72B portfolio in Q2 2024.
- Joel Greenblatt opened 165 new positions and closed 124 in Q2 2024.
- Joel Greenblatt's portfolio value rose 17% quarter-over-quarter to $7.72B.
Based on Gotham Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.