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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$82.2M |
| 2 |
Conagra Brands
CAG
|
+$63.5M |
| 3 |
Intuit
INTU
|
+$53.2M |
| 4 |
PARA
Paramount Global Class B
PARA
|
+$51.9M |
| 5 |
CVS Health
CVS
|
+$43M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Texas Instruments
TXN
|
+$40.5M |
| 2 |
Merck
MRK
|
+$39.5M |
| 3 |
DD
Du Pont De Nemours E I
DD
|
+$38.8M |
| 4 |
Viatris
VTRS
|
+$38.8M |
| 5 |
DaVita
DVA
|
+$37.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.31% |
| 2 | Industrials | 19.34% |
| 3 | Healthcare | 18.39% |
| 4 | Consumer Discretionary | 16.87% |
| 5 | Consumer Staples | 8.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VSI
726
DELISTED
Vitamin Shoppe Inc.
VSI
| $504K | 0.01% |
16,478
-105,605
| -87% | -$3.13M |
|
|
CMD
727
DELISTED
Cantel Medical Corporation
CMD
| $503K | 0.01% |
+7,321
| New | +$505K |
|
728
JPMorgan Chase
JPM
$947B
| $498K | 0.01% |
+8,013
| New | +$500K |
|
729
A.O. Smith
AOS
$8.52B
| $497K | 0.01% |
11,282
-99,710
| -90% | -$4.03M |
|
730
Martin Marietta Materials
MLM
$32B
| $497K | 0.01% |
2,587
-49,736
| -95% | -$8.9M |
|
731
Rogers Corp
ROG
$2.19B
| $485K | 0.01% |
+7,942
| New | +$489K |
|
732
Stagwell
STGW
$2.17B
| $485K | 0.01% |
26,506
-8,354
| -24% | -$161K |
|
733
Affiliated Managers Group
AMG
$9.28B
| $482K | 0.01% |
3,424
-1,140
| -25% | -$187K |
|
734
Duluth Holdings
DLTH
$143M
| $480K | 0.01% |
+19,643
| New | +$462K |
|
|
AAN.A
735
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $478K | 0.01% |
21,859
-9,478
| -30% | -$207K |
|
736
Badger Meter
BMI
$3.94B
| $470K | 0.01% |
+12,878
| New | +$460K |
|
737
Bank of America
BAC
$436B
| $467K | 0.01% |
35,228
+9,359
| +36% | +$131K |
|
738
Acuity Brands
AYI
$10.1B
| $465K | 0.01% |
+1,875
| New | +$468K |
|
|
KLXI
739
DELISTED
KLX Inc.
KLXI
| $464K | 0.01% |
+17,744
| New | +$488K |
|
740
Clorox
CLX
$13B
| $462K | 0.01% |
3,335
| – | – |
|
741
Gartner
IT
$12.8B
| $462K | 0.01% |
4,744
+1,125
| +31% | +$107K |
|
|
LM
742
DELISTED
Legg Mason, Inc.
LM
| $459K | 0.01% |
15,570
-257,943
| -94% | -$8.36M |
|
|
BFX
743
DELISTED
BowFlex Inc.
BFX
| $458K | 0.01% |
+25,646
| New | +$485K |
|
|
TDAY
744
USA Today Co
TDAY
$941M
| $453K | 0.01% |
25,062
-50,956
| -67% | -$840K |
|
745
AGCO
AGCO
$7.71B
| $452K | 0.01% |
9,596
-390,769
| -98% | -$20.1M |
|
746
Frontline
FRO
$9.81B
| $447K | 0.01% |
+56,757
| New | +$467K |
|
747
Super Micro Computer
SMCI
$22.8B
| $447K | 0.01% |
179,720
-972,690
| -84% | -$2.67M |
|
748
Cadence Design Systems
CDNS
$87B
| $446K | 0.01% |
18,367
-95,194
| -84% | -$2.28M |
|
749
Range Resources
RRC
$9.64B
| $445K | 0.01% |
10,320
-347,352
| -97% | -$14.2M |
|
|
CVT
750
DELISTED
CVENT, INC.
CVT
| $444K | 0.01% |
+12,419
| New | +$412K |
|
Similar funds
Joel Greenblatt's Q2 2016 Portfolio in Review
As of Q2 2016, Joel Greenblatt held 1,194 positions worth $8.34B, down 6.5% from $8.92B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Joel Greenblatt withdrew a net $527M in Q2 2016, closing 260 positions and reducing 357 holdings. Its most notable exit was Viatris, an estimated $38.8M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Industrials and Healthcare.
Against the trend, Joel Greenblatt opened a new position in Twenty-First Century Fox, Inc. Class A worth $76.3M.
- Joel Greenblatt's largest Q2 2016 buy was Twenty-First Century Fox, Inc. Class A: 2,822,168 shares worth $76.3M.
- Joel Greenblatt added most to Paramount Global Class B in Q2 2016, an estimated $51.9M increase.
- Joel Greenblatt's biggest Q2 2016 reduction was Texas Instruments, cutting an estimated $40.5M.
- Joel Greenblatt fully exited Viatris in Q2 2016, selling an estimated $38.8M.
- Joel Greenblatt's ten largest holdings make up 9% of its $8.34B portfolio in Q2 2016.
- Joel Greenblatt opened 244 new positions and closed 260 in Q2 2016.
- Joel Greenblatt's portfolio value fell 6.5% quarter-over-quarter to $8.34B.
Based on Gotham Asset Management's 13F filing for Q2 2016, filed 15 Aug 2016.