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 |
Gotham Enhanced 500 ETF
GSPY
|
+$160M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$31.8M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$15.4M |
| 4 |
DTE Energy
DTE
|
+$13.7M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$11.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$11.6M |
| 2 |
Public Service Enterprise Group
PEG
|
+$9.96M |
| 3 |
Automatic Data Processing
ADP
|
+$9.04M |
| 4 |
Eli Lilly
LLY
|
+$7.91M |
| 5 |
Pfizer
PFE
|
+$7.86M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.69% |
| 2 | Healthcare | 12.44% |
| 3 | Consumer Discretionary | 11.63% |
| 4 | Industrials | 11.59% |
| 5 | Financials | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
Campbell Soup
CPB
$7.14B
| $563K | 0.02% |
12,943
-11,036
| -46% | -$459K |
|
727
Schneider National
SNDR
$6.28B
| $560K | 0.02% |
20,824
-15,858
| -43% | -$398K |
|
728
SEI Investments
SEIC
$13.1B
| $559K | 0.02% |
+9,173
| New | +$568K |
|
729
GE Aerospace
GE
$361B
| $558K | 0.02% |
9,481
-105,826
| -92% | -$6.65M |
|
730
Molina Healthcare
MOH
$10.5B
| $556K | 0.02% |
1,749
| – | – |
|
731
First Horizon
FHN
$11.7B
| $554K | 0.02% |
33,905
+22,956
| +210% | +$383K |
|
|
HOUS
732
DELISTED
Anywhere Real Estate
HOUS
| $554K | 0.02% |
32,947
+2,381
| +8% | +$41.4K |
|
|
WWE
733
DELISTED
World Wrestling Entertainment
WWE
| $554K | 0.02% |
11,224
-6,071
| -35% | -$330K |
|
734
Brunswick
BC
$5.24B
| $553K | 0.02% |
5,486
-28,561
| -84% | -$2.8M |
|
|
SPR
735
DELISTED
Spirit AeroSystems
SPR
| $553K | 0.02% |
+12,825
| New | +$550K |
|
|
KYNB
736
Kyntra Bio
KYNB
$30.4M
| $552K | 0.02% |
+1,567
| New | +$488K |
|
737
Flowserve
FLS
$10.1B
| $548K | 0.02% |
+17,906
| New | +$592K |
|
738
SPX Corp
SPXC
$10.4B
| $546K | 0.02% |
+9,154
| New | +$555K |
|
|
AVNS
739
DELISTED
Avanos Medical
AVNS
| $545K | 0.02% |
+15,731
| New | +$509K |
|
740
Compass Minerals
CMP
$1.09B
| $544K | 0.02% |
+10,656
| New | +$650K |
|
741
Duke Energy
DUK
$93.4B
| $544K | 0.02% |
5,189
+1,886
| +57% | +$191K |
|
742
Hubbell
HUBB
$24.8B
| $544K | 0.02% |
2,611
+981
| +60% | +$196K |
|
743
Lear
LEA
$8.56B
| $544K | 0.02% |
2,974
-4,521
| -60% | -$794K |
|
744
Prosperity Bancshares
PB
$8.75B
| $543K | 0.02% |
7,508
+3,462
| +86% | +$256K |
|
745
World Kinect Corp
WKC
$1.84B
| $543K | 0.02% |
20,515
-12,646
| -38% | -$361K |
|
746
Alpha and Omega Semiconductor
AOSL
$798M
| $540K | 0.02% |
+8,913
| New | +$386K |
|
|
CFLT
747
DELISTED
Confluent
CFLT
| $539K | 0.02% |
+7,066
| New | +$510K |
|
748
Ciena
CIEN
$56B
| $539K | 0.02% |
+7,004
| New | +$432K |
|
749
RBC Bearings
RBC
$16B
| $539K | 0.02% |
+2,667
| New | +$573K |
|
750
C.H. Robinson
CHRW
$16.5B
| $538K | 0.02% |
4,994
+2,421
| +94% | +$235K |
|
Similar funds
Joel Greenblatt's Q4 2021 Portfolio in Review
As of Q4 2021, Joel Greenblatt held 1,278 positions worth $3.1B, up 26% from $2.47B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Joel Greenblatt deployed $427M of net new capital in Q4 2021, opening 273 new positions and adding to 479 existing holdings. Its largest new stake was DTE Energy: 119,933 shares worth $14.3M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was DuPont de Nemours, an estimated $11.6M trimmed.
- Joel Greenblatt's largest Q4 2021 buy was DTE Energy: 119,933 shares worth $14.3M.
- Joel Greenblatt added most to Gotham Enhanced 500 ETF in Q4 2021, an estimated $160M increase.
- Joel Greenblatt's biggest Q4 2021 reduction was DuPont de Nemours, cutting an estimated $11.6M.
- Joel Greenblatt fully exited Carrier Global in Q4 2021, selling an estimated $3.93M.
- Joel Greenblatt's ten largest holdings make up 21% of its $3.1B portfolio in Q4 2021.
- Joel Greenblatt opened 273 new positions and closed 152 in Q4 2021.
- Joel Greenblatt's portfolio value rose 26% quarter-over-quarter to $3.1B.
Based on Gotham Asset Management's 13F filing for Q4 2021, filed 14 Feb 2022.