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 |
Capri Holdings
CPRI
|
+$95M |
| 2 |
Textron
TXT
|
+$70.7M |
| 3 |
Motorola Solutions
MSI
|
+$68.3M |
| 4 |
Hormel Foods
HRL
|
+$65.5M |
| 5 |
CA
CA, Inc.
CA
|
+$61.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pentair
PNR
|
+$84.3M |
| 2 |
Johnson & Johnson
JNJ
|
+$83.8M |
| 3 |
Emerson Electric
EMR
|
+$83.3M |
| 4 |
Flowserve
FLS
|
+$81.7M |
| 5 |
Terex
TEX
|
+$75.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 21.69% |
| 2 | Technology | 20.85% |
| 3 | Consumer Discretionary | 19.35% |
| 4 | Healthcare | 12.34% |
| 5 | Consumer Staples | 11.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
Prudential Financial
PRU
$41.8B
| $759K | 0.01% |
+8,675
| New | +$736K |
|
|
AXON
677
Axon Enterprise
AXON
$51B
| $755K | 0.01% |
+22,672
| New | +$709K |
|
678
Avient
AVNT
$4.1B
| $745K | 0.01% |
19,030
-282,919
| -94% | -$11.1M |
|
679
Community Health Systems
CYH
$424M
| $742K | 0.01% |
+14,259
| New | +$640K |
|
|
PPO
680
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $726K | 0.01% |
12,116
-158,715
| -93% | -$9.42M |
|
681
TriNet
TNET
$3.24B
| $723K | 0.01% |
+28,530
| New | +$893K |
|
|
STRZA
682
DELISTED
Starz - Series A
STRZA
| $716K | 0.01% |
16,000
-16,255
| -50% | -$647K |
|
|
MWW
683
DELISTED
Monster Worldwide Inc
MWW
| $712K | 0.01% |
+108,848
| New | +$677K |
|
|
VAR
684
DELISTED
Varian Medical Systems, Inc.
VAR
| $709K | 0.01% |
9,587
-104,603
| -92% | -$8.19M |
|
685
Humana
HUM
$45.5B
| $707K | 0.01% |
3,696
-2,252
| -38% | -$418K |
|
686
Opko Health
OPK
$1.1B
| $691K | 0.01% |
+42,947
| New | +$668K |
|
|
TYC
687
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $686K | 0.01% |
17,021
-105,909
| -86% | -$4.52M |
|
688
Archrock
AROC
$5.58B
| $680K | 0.01% |
+20,823
| New | +$703K |
|
689
AutoZone
AZO
$48.3B
| $678K | 0.01% |
+1,017
| New | +$696K |
|
|
DGI
690
DELISTED
DigitalGlobe Inc.
DGI
| $669K | 0.01% |
+24,089
| New | +$760K |
|
|
ENV
691
DELISTED
ENVESTNET, INC.
ENV
| $662K | 0.01% |
16,375
+4,464
| +37% | +$215K |
|
692
MiMedx Group
MDXG
$631M
| $658K | 0.01% |
56,809
-4,605
| -7% | -$47.4K |
|
|
CTCT
693
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $654K | 0.01% |
+22,753
| New | +$722K |
|
694
Cleveland-Cliffs
CLF
$6.43B
| $653K | 0.01% |
150,836
-155,152
| -51% | -$825K |
|
695
American International
AIG
$39.8B
| $650K | 0.01% |
10,511
+2,247
| +27% | +$133K |
|
|
BMS
696
DELISTED
Bemis
BMS
| $650K | 0.01% |
+14,431
| New | +$660K |
|
|
EXAM
697
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $650K | 0.01% |
16,615
-6,083
| -27% | -$250K |
|
698
Cimpress
CMPR
$2.13B
| $646K | 0.01% |
+7,675
| New | +$656K |
|
|
QLTY
699
DELISTED
QUALITY DISTR INC FLA
QLTY
| $643K | 0.01% |
+41,592
| New | +$562K |
|
|
CSH
700
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $642K | 0.01% |
+24,510
| New | +$650K |
|
Similar funds
Joel Greenblatt's Q2 2015 Portfolio in Review
As of Q2 2015, Joel Greenblatt held 1,149 positions worth $12B, down 8.8% from $13.1B the previous quarter. Its ten largest holdings account for 7.7% of the portfolio.
Joel Greenblatt withdrew a net $800M in Q2 2015, closing 241 positions and reducing 357 holdings. Its most notable exit was Pentair, an estimated $84.3M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 22% of assets, down from 25% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Joel Greenblatt opened a new position in Textron worth $69.5M.
- Joel Greenblatt's largest Q2 2015 buy was Textron: 1,556,135 shares worth $69.5M.
- Joel Greenblatt added most to Capri Holdings in Q2 2015, an estimated $95M increase.
- Joel Greenblatt's biggest Q2 2015 reduction was Emerson Electric, cutting an estimated $83.3M.
- Joel Greenblatt fully exited Pentair in Q2 2015, selling an estimated $84.3M.
- Joel Greenblatt's ten largest holdings make up 7.7% of its $12B portfolio in Q2 2015.
- Joel Greenblatt opened 257 new positions and closed 241 in Q2 2015.
- Joel Greenblatt's portfolio value fell 8.8% quarter-over-quarter to $12B.
Based on Gotham Asset Management's 13F filing for Q2 2015, filed 14 Aug 2015.