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
|
+$128M |
| 2 |
NVIDIA
NVDA
|
+$27.8M |
| 3 |
Duke Energy
DUK
|
+$18.4M |
| 4 |
MRO
Marathon Oil Corporation
MRO
|
+$13.2M |
| 5 |
Qorvo
QRVO
|
+$11.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Super Micro Computer
SMCI
|
+$15.8M |
| 2 |
J.M. Smucker
SJM
|
+$10.6M |
| 3 |
HOLX
Hologic
HOLX
|
+$10.1M |
| 4 |
SPLK
Splunk Inc
SPLK
|
+$9M |
| 5 |
Emerson Electric
EMR
|
+$8.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.24% |
| 2 | Industrials | 12.84% |
| 3 | Consumer Discretionary | 10.7% |
| 4 | Healthcare | 8.81% |
| 5 | Financials | 6.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
Cinemark Holdings
CNK
$4.24B
| $1.67M | 0.03% |
92,887
-85,682
| -48% | -$1.35M |
|
702
Urban Outfitters
URBN
$6.36B
| $1.67M | 0.03% |
38,411
-367
| -0.9% | -$15.1K |
|
703
Southwest Gas
SWX
$6.44B
| $1.66M | 0.03% |
21,784
+10,508
| +93% | +$681K |
|
704
Q2 Holdings
QTWO
$3.99B
| $1.66M | 0.03% |
31,518
+14,712
| +88% | +$665K |
|
705
Fluence Energy
FLNC
$1.62B
| $1.65M | 0.02% |
95,143
+51,934
| +120% | +$950K |
|
706
Valvoline
VVV
$4.33B
| $1.64M | 0.02% |
36,834
-8,605
| -19% | -$343K |
|
707
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $1.64M | 0.02% |
32,704
+9,980
| +44% | +$482K |
|
|
SWN
708
DELISTED
Southwestern Energy Company
SWN
| $1.64M | 0.02% |
215,918
-67,604
| -24% | -$459K |
|
709
iShares Core S&P US Growth ETF
IUSG
$33.2B
| $1.64M | 0.02% |
+13,950
| New | +$1.55M |
|
710
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.7B
| $1.63M | 0.02% |
+32,462
| New | +$1.55M |
|
|
WIRE
711
DELISTED
Encore Wire Corp
WIRE
| $1.61M | 0.02% |
6,117
-1,812
| -23% | -$411K |
|
712
Alamos Gold
AGI
$15.8B
| $1.6M | 0.02% |
108,758
-43,806
| -29% | -$553K |
|
713
DoorDash
DASH
$96.8B
| $1.59M | 0.02% |
11,513
-1,214
| -10% | -$143K |
|
714
US Bancorp
USB
$96.7B
| $1.58M | 0.02% |
35,433
-5,355
| -13% | -$226K |
|
715
L3Harris
LHX
$49.7B
| $1.58M | 0.02% |
7,400
+5,574
| +305% | +$1.17M |
|
|
INFA
716
DELISTED
Informatica
INFA
| $1.57M | 0.02% |
+44,770
| New | +$1.41M |
|
717
Weyerhaeuser
WY
$17.6B
| $1.56M | 0.02% |
43,423
+12,253
| +39% | +$415K |
|
718
Atlassian
TEAM
$43.5B
| $1.56M | 0.02% |
7,981
+5,392
| +208% | +$1.18M |
|
719
Douglas Emmett
DEI
$1.97B
| $1.55M | 0.02% |
112,111
| – | – |
|
720
PNC Financial Services
PNC
$97B
| $1.55M | 0.02% |
9,616
-2,195
| -19% | -$331K |
|
721
OneMain Financial
OMF
$7.27B
| $1.55M | 0.02% |
30,370
+241
| +0.8% | +$11.5K |
|
722
Alpha Metallurgical Resources
AMR
$2.66B
| $1.55M | 0.02% |
4,678
+3,045
| +186% | +$1.12M |
|
723
Hyatt Hotels
H
$17B
| $1.53M | 0.02% |
9,607
| – | – |
|
724
Watts Water Technologies
WTS
$12.5B
| $1.53M | 0.02% |
7,181
-4,432
| -38% | -$898K |
|
725
Gentex
GNTX
$4.98B
| $1.53M | 0.02% |
42,237
+604
| +1% | +$20.9K |
|
Similar funds
Joel Greenblatt's Q1 2024 Portfolio in Review
As of Q1 2024, Joel Greenblatt held 1,490 positions worth $6.62B, up 23% from $5.39B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $697M of net new capital in Q1 2024, opening 166 new positions and adding to 708 existing holdings. Its largest new stake was Qorvo: 104,363 shares worth $12M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Super Micro Computer, an estimated $15.8M trimmed.
- Joel Greenblatt's largest Q1 2024 buy was Qorvo: 104,363 shares worth $12M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $128M increase.
- Joel Greenblatt's biggest Q1 2024 reduction was Super Micro Computer, cutting an estimated $15.8M.
- Joel Greenblatt fully exited Splunk Inc in Q1 2024, selling an estimated $9M.
- Joel Greenblatt's ten largest holdings make up 25% of its $6.62B portfolio in Q1 2024.
- Joel Greenblatt opened 166 new positions and closed 124 in Q1 2024.
- Joel Greenblatt's portfolio value rose 23% quarter-over-quarter to $6.62B.
Based on Gotham Asset Management's 13F filing for Q1 2024, filed 15 May 2024.