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
|
+$310M |
| 2 |
General Dynamics
GD
|
+$22.4M |
| 3 |
Gotham 1000 Value ETF
GVLU
|
+$21.7M |
| 4 |
Apple
AAPL
|
+$21.5M |
| 5 |
SLB Ltd
SLB
|
+$16.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MRO
Marathon Oil Corporation
MRO
|
+$24.5M |
| 2 |
NVIDIA
NVDA
|
+$24.3M |
| 3 |
Applovin
APP
|
+$21.5M |
| 4 |
Devon Energy
DVN
|
+$17.5M |
| 5 |
Carvana
CVNA
|
+$11.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.72% |
| 2 | Industrials | 11.59% |
| 3 | Consumer Discretionary | 10.28% |
| 4 | Healthcare | 8.66% |
| 5 | Financials | 6.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
IPG Photonics
IPGP
$3.12B
| $2.65M | 0.03% |
36,425
+18,730
| +106% | +$1.44M |
|
652
Simon Property Group
SPG
$70.6B
| $2.65M | 0.03% |
15,367
-16,945
| -52% | -$2.97M |
|
653
Reinsurance Group of America
RGA
$15.9B
| $2.64M | 0.03% |
12,381
+8,113
| +190% | +$1.77M |
|
654
Frontdoor
FTDR
$5.69B
| $2.64M | 0.03% |
48,224
-734
| -1% | -$39.8K |
|
655
Ross Stores
ROST
$76.7B
| $2.62M | 0.02% |
17,332
-37,072
| -68% | -$5.45M |
|
|
CWAN
656
DELISTED
Clearwater Analytics
CWAN
| $2.6M | 0.02% |
+94,403
| New | +$2.68M |
|
657
iShares MSCI EAFE ETF
EFA
$80B
| $2.59M | 0.02% |
34,273
+6,460
| +23% | +$512K |
|
658
Kontoor Brands
KTB
$4.48B
| $2.59M | 0.02% |
30,285
+18,575
| +159% | +$1.59M |
|
659
Fortrea Holdings
FTRE
$1.75B
| $2.58M | 0.02% |
138,250
+44,543
| +48% | +$868K |
|
660
Alnylam Pharmaceuticals
ALNY
$31.6B
| $2.57M | 0.02% |
10,924
-6,651
| -38% | -$1.75M |
|
661
Doximity
DOCS
$4.51B
| $2.56M | 0.02% |
47,989
-6,372
| -12% | -$312K |
|
662
ACI Worldwide
ACIW
$5.24B
| $2.55M | 0.02% |
49,154
+33,289
| +210% | +$1.77M |
|
663
Sylvamo
SLVM
$1.46B
| $2.54M | 0.02% |
32,196
-6,829
| -17% | -$589K |
|
664
iShares 20+ Year Treasury Bond ETF
TLT
$46.3B
| $2.52M | 0.02% |
28,800
+1,119
| +4% | +$103K |
|
665
Franklin Templeton
BEN
$17.4B
| $2.51M | 0.02% |
123,487
-1,611
| -1% | -$33.9K |
|
666
Healthpeak Properties
DOC
$14.8B
| $2.5M | 0.02% |
123,500
-5,516
| -4% | -$120K |
|
667
TD Synnex
SNX
$20B
| $2.5M | 0.02% |
21,313
-2,992
| -12% | -$358K |
|
668
iShares Russell 1000 ETF
IWB
$49.3B
| $2.46M | 0.02% |
+7,625
| New | +$2.47M |
|
|
GTM
669
ZoomInfo Technologies
GTM
$1.16B
| $2.44M | 0.02% |
231,804
+8,641
| +4% | +$92.4K |
|
670
BlackLine
BL
$1.85B
| $2.42M | 0.02% |
39,826
-10,619
| -21% | -$633K |
|
671
Cabot Corp
CBT
$4.4B
| $2.4M | 0.02% |
26,278
+4,795
| +22% | +$515K |
|
672
Rocket Companies
RKT
$39.4B
| $2.39M | 0.02% |
212,557
| – | – |
|
673
Hudbay
HBM
$13.4B
| $2.39M | 0.02% |
294,842
-167,785
| -36% | -$1.5M |
|
|
WCC
674
WESCO International
WCC
$17B
| $2.39M | 0.02% |
13,186
+2,110
| +19% | +$399K |
|
675
Peabody Energy
BTU
$3.37B
| $2.37M | 0.02% |
+113,186
| New | +$2.8M |
|
Similar funds
Joel Greenblatt's Q4 2024 Portfolio in Review
As of Q4 2024, Joel Greenblatt held 1,557 positions worth $10.5B, up 9.1% from $9.67B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Joel Greenblatt deployed $892M of net new capital in Q4 2024, opening 155 new positions and adding to 628 existing holdings. Its largest new stake was Talen Energy Corp: 36,437 shares worth $7.34M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was NVIDIA, an estimated $24.3M trimmed.
- Joel Greenblatt's largest Q4 2024 buy was Talen Energy Corp: 36,437 shares worth $7.34M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q4 2024, an estimated $310M increase.
- Joel Greenblatt's biggest Q4 2024 reduction was NVIDIA, cutting an estimated $24.3M.
- Joel Greenblatt fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $24.5M.
- Joel Greenblatt's ten largest holdings make up 27% of its $10.5B portfolio in Q4 2024.
- Joel Greenblatt opened 155 new positions and closed 136 in Q4 2024.
- Joel Greenblatt's portfolio value rose 9.1% quarter-over-quarter to $10.5B.
Based on Gotham Asset Management's 13F filing for Q4 2024, filed 14 Feb 2025.