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 |
BILL Holdings
BILL
|
+$41.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$35.9M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$35.8M |
| 4 |
PayPal
PYPL
|
+$17.4M |
| 5 |
NATI
National Instruments Corp
NATI
|
+$12.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pfizer
PFE
|
+$14M |
| 2 |
Lam Research
LRCX
|
+$12.7M |
| 3 |
Meta Platforms (Facebook)
META
|
+$9.54M |
| 4 |
VMW
VMware, Inc
VMW
|
+$9.3M |
| 5 |
Valvoline
VVV
|
+$9.03M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.4% |
| 2 | Industrials | 12.68% |
| 3 | Consumer Discretionary | 10.55% |
| 4 | Healthcare | 8.73% |
| 5 | Financials | 6.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
US Bancorp
USB
$96.7B
| $1.77M | 0.03% |
40,788
+30
| +0.1% | +$1.1K |
|
652
Las Vegas Sands
LVS
$30.5B
| $1.76M | 0.03% |
35,767
+19,113
| +115% | +$903K |
|
653
NextEra Energy
NEE
$174B
| $1.76M | 0.03% |
28,915
+7,374
| +34% | +$420K |
|
654
Duke Energy
DUK
$93.4B
| $1.75M | 0.03% |
18,020
-15,618
| -46% | -$1.42M |
|
|
SCHW
655
Charles Schwab
SCHW
$194B
| $1.75M | 0.03% |
25,415
-605
| -2% | -$34.9K |
|
|
656
Pfizer
PFE
$160B
| $1.74M | 0.03% |
60,478
-462,443
| -88% | -$14M |
|
657
Sonoco
SON
$5.88B
| $1.73M | 0.03% |
30,944
-4,514
| -13% | -$245K |
|
658
Dollar General
DG
$27.2B
| $1.72M | 0.03% |
12,682
-4,594
| -27% | -$557K |
|
|
659
Valvoline
VVV
$4.33B
| $1.71M | 0.03% |
45,439
-269,583
| -86% | -$9.03M |
|
660
Autodesk
ADSK
$53.6B
| $1.71M | 0.03% |
7,006
-1,514
| -18% | -$327K |
|
|
WIRE
661
DELISTED
Encore Wire Corp
WIRE
| $1.69M | 0.03% |
7,929
-8,605
| -52% | -$1.64M |
|
662
CNA Financial
CNA
$13.3B
| $1.69M | 0.03% |
39,913
-6,510
| -14% | -$265K |
|
663
United Rentals
URI
$68.4B
| $1.67M | 0.03% |
2,914
-443
| -13% | -$209K |
|
664
Stanley Black & Decker
SWK
$15.1B
| $1.67M | 0.03% |
16,980
-16,859
| -50% | -$1.48M |
|
665
Leggett & Platt
LEG
$1.29B
| $1.67M | 0.03% |
63,648
+25,275
| +66% | +$620K |
|
666
Alliant Energy
LNT
$17.6B
| $1.66M | 0.03% |
32,449
-16,905
| -34% | -$843K |
|
667
Wynn Resorts
WYNN
$10.3B
| $1.66M | 0.03% |
18,267
-22,881
| -56% | -$2.03M |
|
668
MillerKnoll
MLKN
$1.57B
| $1.65M | 0.03% |
61,712
+9,823
| +19% | +$251K |
|
669
Travelers Companies
TRV
$75.8B
| $1.65M | 0.03% |
8,637
-6,572
| -43% | -$1.14M |
|
670
TG Therapeutics
TGTX
$8.31B
| $1.64M | 0.03% |
96,250
+24,827
| +35% | +$289K |
|
671
Mine Safety
MSA
$7.31B
| $1.64M | 0.03% |
9,727
+3,618
| +59% | +$588K |
|
672
Nordic American Tanker
NAT
$1.48B
| $1.63M | 0.03% |
387,651
+29,637
| +8% | +$126K |
|
673
Douglas Emmett
DEI
$1.97B
| $1.63M | 0.03% |
112,111
-134,467
| -55% | -$1.71M |
|
674
BWX Technologies
BWXT
$14.4B
| $1.62M | 0.03% |
21,176
-470
| -2% | -$36.1K |
|
675
Steris
STE
$23.2B
| $1.62M | 0.03% |
7,388
-757
| -9% | -$160K |
|
Similar funds
Joel Greenblatt's Q4 2023 Portfolio in Review
As of Q4 2023, Joel Greenblatt held 1,470 positions worth $5.39B, up 11% from $4.84B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Joel Greenblatt's Q4 2023 filing shows 157 new, 492 increased, 650 reduced and 145 closed positions. Its largest new stake was Fidelity Fundamental Small-Mid Cap ETF: 457,078 shares worth $4.99M. The largest sale was Pfizer, an estimated $14M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
- Joel Greenblatt's largest Q4 2023 buy was Fidelity Fundamental Small-Mid Cap ETF: 457,078 shares worth $4.99M.
- Joel Greenblatt added most to BILL Holdings in Q4 2023, an estimated $41.5M increase.
- Joel Greenblatt's biggest Q4 2023 reduction was Pfizer, cutting an estimated $14M.
- Joel Greenblatt fully exited VMware, Inc in Q4 2023, selling an estimated $9.3M.
- Joel Greenblatt's ten largest holdings make up 24% of its $5.39B portfolio in Q4 2023.
- Joel Greenblatt opened 157 new positions and closed 145 in Q4 2023.
- Joel Greenblatt's portfolio value rose 11% quarter-over-quarter to $5.39B.
Based on Gotham Asset Management's 13F filing for Q4 2023, filed 14 Feb 2024.