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 |
TJX Companies
TJX
|
+$34.8M |
| 2 |
Kinder Morgan
KMI
|
+$27.8M |
| 3 |
EOG Resources
EOG
|
+$27.5M |
| 4 |
Medtronic
MDT
|
+$27.1M |
| 5 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$42.7M |
| 2 |
Apple
AAPL
|
+$36.5M |
| 3 |
Comcast
CMCSA
|
+$33.5M |
| 4 |
CVS Health
CVS
|
+$30.9M |
| 5 |
WBA
Walgreens Boots Alliance
WBA
|
+$29.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 19.53% |
| 2 | Technology | 15.96% |
| 3 | Consumer Discretionary | 14.59% |
| 4 | Healthcare | 13.04% |
| 5 | Consumer Staples | 8.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
Alnylam Pharmaceuticals
ALNY
$31.6B
| $486K | 0.01% |
4,464
+1,544
| +53% | +$178K |
|
|
ADSW
727
DELISTED
Advanced Disposal Services Inc
ADSW
| $486K | 0.01% |
+14,823
| New | +$486K |
|
728
ONE Gas
OGS
$4.95B
| $480K | 0.01% |
5,737
-1,972
| -26% | -$174K |
|
729
Brink's
BCO
$4.59B
| $479K | 0.01% |
+9,195
| New | +$719K |
|
|
B
730
Barrick Mining
B
$78.3B
| $477K | 0.01% |
26,063
| – | – |
|
731
Vertex Pharmaceuticals
VRTX
$139B
| $472K | 0.01% |
1,982
+845
| +74% | +$194K |
|
|
EXAS
732
DELISTED
Exact Sciences
EXAS
| $470K | 0.01% |
8,104
+2,099
| +35% | +$170K |
|
|
JHG
733
DELISTED
Janus Henderson
JHG
| $468K | 0.01% |
+30,552
| New | +$672K |
|
734
Capital One
COF
$134B
| $465K | 0.01% |
9,225
-10,241
| -53% | -$900K |
|
735
Bruker
BRKR
$9.07B
| $461K | 0.01% |
12,846
-28
| -0.2% | -$1.3K |
|
736
Helen of Troy
HELE
$677M
| $457K | 0.01% |
3,171
-2,132
| -40% | -$361K |
|
737
Chipotle Mexican Grill
CMG
$46.7B
| $453K | 0.01% |
+34,650
| New | +$548K |
|
738
Acuity Brands
AYI
$10.3B
| $446K | 0.01% |
5,212
-5,856
| -53% | -$642K |
|
739
AMN Healthcare
AMN
$1.33B
| $444K | 0.01% |
+7,682
| New | +$526K |
|
740
Alamos Gold
AGI
$15.8B
| $442K | 0.01% |
88,322
-14,907
| -14% | -$87.6K |
|
741
NETSCOUT
NTCT
$2.8B
| $442K | 0.01% |
18,668
+6,684
| +56% | +$169K |
|
|
XLRN
742
DELISTED
Acceleron Pharma
XLRN
| $442K | 0.01% |
+4,923
| New | +$383K |
|
743
NXP Semiconductors
NXPI
$56.9B
| $439K | 0.01% |
5,299
-402
| -7% | -$47.1K |
|
744
Inovio Pharmaceuticals
INO
$122M
| $434K | 0.01% |
+4,861
| New | +$300K |
|
745
Kulicke & Soffa
KLIC
$4.49B
| $432K | 0.01% |
20,677
-4,430
| -18% | -$109K |
|
746
Ally Financial
ALLY
$13.1B
| $431K | 0.01% |
+29,837
| New | +$784K |
|
747
Voya Financial
VOYA
$8.86B
| $430K | 0.01% |
10,602
+4,746
| +81% | +$259K |
|
748
CareDx
CDNA
$2.51B
| $424K | 0.01% |
+19,441
| New | +$436K |
|
749
Knowles
KN
$2.85B
| $421K | 0.01% |
+31,436
| New | +$546K |
|
750
Virgin Galactic
SPCE
$467M
| $421K | 0.01% |
+1,425
| New | +$542K |
|
Similar funds
Joel Greenblatt's Q1 2020 Portfolio in Review
As of Q1 2020, Joel Greenblatt held 1,293 positions worth $3.6B, down 34% from $5.45B the previous quarter. Its ten largest holdings account for 9.7% of the portfolio.
Joel Greenblatt withdrew a net $266M in Q1 2020, closing 238 positions and reducing 416 holdings. Its most notable exit was Johnson Controls International, an estimated $28.1M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 20% of assets, down from 21% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Joel Greenblatt opened a new position in CONCHO RESOURCES INC. worth $16.6M.
- Joel Greenblatt's largest Q1 2020 buy was CONCHO RESOURCES INC.: 388,298 shares worth $16.6M.
- Joel Greenblatt added most to TJX Companies in Q1 2020, an estimated $34.8M increase.
- Joel Greenblatt's biggest Q1 2020 reduction was Bristol-Myers Squibb, cutting an estimated $42.7M.
- Joel Greenblatt fully exited Johnson Controls International in Q1 2020, selling an estimated $28.1M.
- Joel Greenblatt's ten largest holdings make up 9.7% of its $3.6B portfolio in Q1 2020.
- Joel Greenblatt opened 206 new positions and closed 238 in Q1 2020.
- Joel Greenblatt's portfolio value fell 34% quarter-over-quarter to $3.6B.
Based on Gotham Asset Management's 13F filing for Q1 2020, filed 15 May 2020.