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 | |
|---|---|---|---|---|---|---|
|
51
General Mills
GIS
$21.4B
| $78.7M | 0.18% |
2,262,103
+1,845,906
| +444% | +$63.7M |
|
52
Brown & Brown
BRO
$24.4B
| $78.2M | 0.18% |
1,218,762
+708,741
| +139% | +$43.2M |
|
53
Ryder
R
$9.58B
| $77.5M | 0.18% |
293,937
+39,581
| +16% | +$9.67M |
|
54
Delta Air Lines
DAL
$54.2B
| $76.5M | 0.18% |
816,386
-77,264
| -9% | -$5.83M |
|
55
Applovin
APP
$102B
| $76.4M | 0.18% |
148,268
+59,990
| +68% | +$29M |
|
56
Advanced Micro Devices
AMD
$773B
| $76.3M | 0.18% |
131,260
-13,585
| -9% | -$5.57M |
|
57
Southern Copper
SCCO
$182B
| $76M | 0.18% |
441,444
+39,367
| +10% | +$7.07M |
|
58
Vornado Realty Trust
VNO
$7.07B
| $75.8M | 0.18% |
1,929,294
+1,469,818
| +320% | +$47.5M |
|
59
MKS Inc
MKSI
$18.9B
| $75.7M | 0.18% |
170,226
-25,177
| -13% | -$7.88M |
|
60
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $75.5M | 0.18% |
354,896
+41,476
| +13% | +$8.49M |
|
61
Ralph Lauren
RL
$22.2B
| $75.3M | 0.18% |
187,673
+12,620
| +7% | +$4.7M |
|
62
CF Industries
CF
$19.6B
| $74.6M | 0.17% |
689,521
-1,295
| -0.2% | -$153K |
|
63
Factset
FDS
$10.7B
| $74.6M | 0.17% |
324,096
+50,817
| +19% | +$11.7M |
|
64
Paychex
PAYX
$44.3B
| $74.4M | 0.17% |
757,118
+481,372
| +175% | +$45.6M |
|
65
DuPont de Nemours
DD
$18.7B
| $74M | 0.17% |
545,827
+147,464
| +37% | +$20.9M |
|
66
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.55B
| $73.7M | 0.17% |
798,729
+155,569
| +24% | +$14.3M |
|
67
Booking.com
BKNG
$158B
| $73.2M | 0.17% |
410,502
+86,627
| +27% | +$14.8M |
|
68
Best Buy
BBY
$18.1B
| $73.1M | 0.17% |
963,170
+409,039
| +74% | +$27.2M |
|
69
Travel + Leisure Co
TNL
$4.39B
| $72.9M | 0.17% |
954,387
+271,491
| +40% | +$19.1M |
|
70
Williams-Sonoma
WSM
$28B
| $71.9M | 0.17% |
308,634
+43,377
| +16% | +$8.6M |
|
71
Highwoods Properties
HIW
$3.46B
| $71.8M | 0.17% |
2,382,143
+2,254,613
| +1,768% | +$58.3M |
|
72
Vertiv
VRT
$101B
| $71.6M | 0.17% |
213,966
+21,378
| +11% | +$6.78M |
|
73
Roper Technologies
ROP
$40.7B
| $71M | 0.17% |
209,953
+63,756
| +44% | +$21.7M |
|
74
Vanguard Morningstar Total Stock Market ETF
VTI
$685B
| $70.6M | 0.16% |
190,878
-16,801
| -8% | -$6.01M |
|
75
Amkor Technology
AMKR
$12.5B
| $70.4M | 0.16% |
816,161
-257,109
| -24% | -$18.3M |
|
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.