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
|
+$1.73B |
| 2 |
NewMarket
NEU
|
+$67.2M |
| 3 |
Gen Digital
GEN
|
+$66.9M |
| 4 |
General Mills
GIS
|
+$63.7M |
| 5 |
Humana
HUM
|
+$63M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Western Digital
WDC
|
+$97.7M |
| 2 |
Micron Technology
MU
|
+$88M |
| 3 |
MASI
Masimo
MASI
|
+$60.7M |
| 4 |
SNDK
Sandisk
SNDK
|
+$55.1M |
| 5 |
Crown Holdings
CCK
|
+$46.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.32% |
| 2 | Industrials | 11.66% |
| 3 | Consumer Discretionary | 9.38% |
| 4 | Healthcare | 7.34% |
| 5 | Financials | 4.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
MDU Resources
MDU
$4.2B
| $15.4M | 0.04% |
726,661
+222,784
| +44% | +$4.85M |
|
677
Arch Capital
ACGL
$33.9B
| $15.4M | 0.04% |
158,259
+88,269
| +126% | +$8.33M |
|
678
CACI
CACI
$14.3B
| $15.3M | 0.04% |
33,112
-10,345
| -24% | -$5.28M |
|
679
State Street SPDR Portfolio Long Term Corporate Bond ETF
SPLB
$1.2B
| $15.3M | 0.04% |
683,691
+18,249
| +3% | +$407K |
|
680
GXO Logistics
GXO
$5.24B
| $15.3M | 0.04% |
301,116
-16,232
| -5% | -$841K |
|
681
ServiceNow
NOW
$133B
| $15.2M | 0.04% |
153,473
+52,984
| +53% | +$5.25M |
|
682
Whirlpool
WHR
$2.63B
| $15M | 0.04% |
381,016
+339,663
| +821% | +$15.9M |
|
683
Trane Technologies
TT
$99.8B
| $15M | 0.03% |
30,542
-4,816
| -14% | -$2.25M |
|
684
iShares US Treasury Bond ETF
GOVT
$43.8B
| $14.9M | 0.03% |
654,307
+13,631
| +2% | +$310K |
|
685
Atlassian
TEAM
$43.5B
| $14.9M | 0.03% |
191,394
-3,945
| -2% | -$323K |
|
686
MetLife
MET
$60B
| $14.9M | 0.03% |
175,789
+113,343
| +182% | +$9.14M |
|
687
Universal Health Services
UHS
$10.4B
| $14.9M | 0.03% |
99,927
-26,532
| -21% | -$4.31M |
|
688
WillScot Mobile Mini Holdings
WSC
$4.01B
| $14.8M | 0.03% |
512,973
+123,802
| +32% | +$2.99M |
|
689
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $14.8M | 0.03% |
135,678
+931
| +0.7% | +$101K |
|
690
FirstEnergy
FE
$26.6B
| $14.8M | 0.03% |
310,710
+154,612
| +99% | +$7.34M |
|
691
Celanese
CE
$5.14B
| $14.7M | 0.03% |
319,236
+109,743
| +52% | +$6.35M |
|
692
iShares Core MSCI Total International Stock ETF
IXUS
$60.8B
| $14.7M | 0.03% |
153,815
| – | – |
|
693
GFL Environmental
GFL
$14.8B
| $14.6M | 0.03% |
398,110
-5,582
| -1% | -$211K |
|
694
W.R. Berkley
WRB
$25.5B
| $14.6M | 0.03% |
206,717
+39,591
| +24% | +$2.65M |
|
695
U-Haul Holding Co
UHAL
$13.9B
| $14.5M | 0.03% |
221,815
+178,329
| +410% | +$9.78M |
|
696
Bank of America
BAC
$431B
| $14.5M | 0.03% |
254,205
-15,176
| -6% | -$807K |
|
697
Kohl's
KSS
$2B
| $14.5M | 0.03% |
817,068
-258,064
| -24% | -$3.83M |
|
698
Fidelity National Information Services
FIS
$21.3B
| $14.4M | 0.03% |
371,465
-181,005
| -33% | -$7.83M |
|
699
Amdocs
DOX
$6.41B
| $14.4M | 0.03% |
285,358
-30,168
| -10% | -$1.85M |
|
700
TKO Group
TKO
$14.1B
| $14.3M | 0.03% |
71,183
-4,147
| -6% | -$809K |
|
Similar funds
Joel Greenblatt's Q2 2026 Portfolio in Review
As of Q2 2026, Joel Greenblatt held 1,921 positions worth $43B, up 32% from $32.7B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Joel Greenblatt deployed $5.85B of net new capital in Q2 2026, opening 172 new positions and adding to 854 existing holdings. Its largest new stake was On Holding: 754,800 shares worth $26.7M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Western Digital, an estimated $97.7M trimmed.
- Joel Greenblatt's largest Q2 2026 buy was On Holding: 754,800 shares worth $26.7M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $1.73B increase.
- Joel Greenblatt's biggest Q2 2026 reduction was Western Digital, cutting an estimated $97.7M.
- Joel Greenblatt fully exited Masimo in Q2 2026, selling an estimated $60.7M.
- Joel Greenblatt's ten largest holdings make up 28% of its $43B portfolio in Q2 2026.
- Joel Greenblatt opened 172 new positions and closed 130 in Q2 2026.
- Joel Greenblatt's portfolio value rose 32% quarter-over-quarter to $43B.
Based on Gotham Asset Management's 13F filing for Q2 2026, filed 14 Aug 2026.