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
|
+$44.4M |
| 2 |
Qualcomm
QCOM
|
+$16.8M |
| 3 |
Meta Platforms (Facebook)
META
|
+$15.7M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$15.1M |
| 5 |
Gotham Enhanced 500 ETF
GSPY
|
+$13.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Caterpillar
CAT
|
+$8.65M |
| 2 |
B
Barrick Mining
B
|
+$8.65M |
| 3 |
Coca-Cola
KO
|
+$8.49M |
| 4 |
Walmart Inc
WMT
|
+$8.26M |
| 5 |
Intel
INTC
|
+$8.17M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.32% |
| 2 | Healthcare | 12.14% |
| 3 | Industrials | 10.81% |
| 4 | Consumer Discretionary | 10.41% |
| 5 | Financials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
Hecla Mining
HL
$13.9B
| $665K | 0.02% |
101,245
+31,112
| +44% | +$180K |
|
702
Axalta
AXTA
$7.75B
| $662K | 0.02% |
26,928
+11,117
| +70% | +$311K |
|
703
Wynn Resorts
WYNN
$10.3B
| $661K | 0.02% |
+8,288
| New | +$698K |
|
704
NextEra Energy
NEE
$174B
| $659K | 0.02% |
7,778
-1,399
| -15% | -$112K |
|
705
Progress Software
PRGS
$1.82B
| $659K | 0.02% |
14,004
-7,644
| -35% | -$344K |
|
706
Neurocrine Biosciences
NBIX
$15.5B
| $658K | 0.02% |
7,023
+4,465
| +175% | +$378K |
|
707
Kforce
KFRC
$1.05B
| $656K | 0.02% |
+8,864
| New | +$632K |
|
708
Cohu
COHU
$2.57B
| $652K | 0.02% |
22,039
+989
| +5% | +$31.6K |
|
709
Euronet Worldwide
EEFT
$2.62B
| $652K | 0.02% |
+5,006
| New | +$635K |
|
710
Ingles Markets
IMKTA
$1.61B
| $651K | 0.02% |
7,310
+3,538
| +94% | +$301K |
|
711
Live Nation Entertainment
LYV
$42.4B
| $651K | 0.02% |
5,533
-54,512
| -91% | -$6.22M |
|
712
Cameco
CCJ
$44.6B
| $649K | 0.02% |
22,318
-61,911
| -74% | -$1.45M |
|
713
First Hawaiian
FHB
$3.2B
| $649K | 0.02% |
23,265
+8,745
| +60% | +$252K |
|
714
Prosperity Bancshares
PB
$8.75B
| $642K | 0.02% |
9,256
+1,748
| +23% | +$129K |
|
715
Packaging Corp of America
PKG
$22.5B
| $641K | 0.02% |
4,106
-5,961
| -59% | -$871K |
|
716
Madison Square Garden
MSGS
$9.78B
| $637K | 0.02% |
3,550
+1,285
| +57% | +$219K |
|
717
Loews
L
$22.5B
| $636K | 0.02% |
9,814
-8,836
| -47% | -$542K |
|
718
Starwood Property Trust
STWD
$6.06B
| $636K | 0.02% |
26,327
+11,216
| +74% | +$271K |
|
719
Tractor Supply
TSCO
$18.2B
| $635K | 0.02% |
13,595
+2,760
| +25% | +$122K |
|
720
Uber
UBER
$161B
| $635K | 0.02% |
17,792
-44,195
| -71% | -$1.59M |
|
721
Silgan Holdings
SLGN
$4.48B
| $632K | 0.02% |
+13,680
| New | +$593K |
|
722
Range Resources
RRC
$9.59B
| $631K | 0.02% |
+20,776
| New | +$474K |
|
723
Dillards
DDS
$9.71B
| $629K | 0.02% |
2,344
+1,022
| +77% | +$264K |
|
724
OneMain Financial
OMF
$7.27B
| $627K | 0.02% |
13,228
+8,705
| +192% | +$434K |
|
|
SYNH
725
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $626K | 0.02% |
7,736
+3,602
| +87% | +$305K |
|
Similar funds
Joel Greenblatt's Q1 2022 Portfolio in Review
As of Q1 2022, Joel Greenblatt held 1,287 positions worth $3.23B, up 4.2% from $3.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Joel Greenblatt deployed $253M of net new capital in Q1 2022, opening 161 new positions and adding to 542 existing holdings. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 260,811 shares worth $14.5M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Industrials.
On the sell side, the largest reduction was Caterpillar, an estimated $8.65M trimmed.
- Joel Greenblatt's largest Q1 2022 buy was iShares Core MSCI Emerging Markets ETF: 260,811 shares worth $14.5M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2022, an estimated $44.4M increase.
- Joel Greenblatt's biggest Q1 2022 reduction was Caterpillar, cutting an estimated $8.65M.
- Joel Greenblatt fully exited Xilinx Inc in Q1 2022, selling an estimated $4.46M.
- Joel Greenblatt's ten largest holdings make up 22% of its $3.23B portfolio in Q1 2022.
- Joel Greenblatt opened 161 new positions and closed 174 in Q1 2022.
- Joel Greenblatt's portfolio value rose 4.2% quarter-over-quarter to $3.23B.
Based on Gotham Asset Management's 13F filing for Q1 2022, filed 16 May 2022.