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 | |
|---|---|---|---|---|---|---|
726
Warner Bros
WBD
$71.6B
| $1.52M | 0.02% |
174,595
-5,552
| -3% | -$53.5K |
|
727
United Parcel Service
UPS
$86.8B
| $1.52M | 0.02% |
10,221
-30,453
| -75% | -$4.63M |
|
728
Acuity Brands
AYI
$10.3B
| $1.5M | 0.02% |
5,581
-2,156
| -28% | -$522K |
|
729
Vita Coco
COCO
$3.67B
| $1.5M | 0.02% |
61,251
+32,988
| +117% | +$766K |
|
730
Guidewire Software
GWRE
$15.8B
| $1.49M | 0.02% |
12,796
-8,809
| -41% | -$1.01M |
|
731
Brink's
BCO
$4.59B
| $1.49M | 0.02% |
16,089
+7,846
| +95% | +$652K |
|
732
Tennant Co
TNC
$1.17B
| $1.49M | 0.02% |
12,218
+1,767
| +17% | +$181K |
|
733
AptarGroup
ATR
$8.57B
| $1.48M | 0.02% |
10,315
+7,241
| +236% | +$981K |
|
734
Helix Energy Solutions
HLX
$1.53B
| $1.48M | 0.02% |
136,911
+71,560
| +110% | +$696K |
|
735
MillerKnoll
MLKN
$1.57B
| $1.48M | 0.02% |
59,761
-1,951
| -3% | -$54.9K |
|
736
Carpenter Technology
CRS
$24.4B
| $1.48M | 0.02% |
20,681
-16,673
| -45% | -$1.09M |
|
737
Fortive
FTV
$18.1B
| $1.47M | 0.02% |
22,613
-11,236
| -33% | -$682K |
|
738
Camden Property Trust
CPT
$10.8B
| $1.46M | 0.02% |
14,852
-10,241
| -41% | -$991K |
|
739
Cousins Properties
CUZ
$4.89B
| $1.46M | 0.02% |
60,776
+12,043
| +25% | +$281K |
|
740
B&G Foods
BGS
$281M
| $1.46M | 0.02% |
127,655
+41,457
| +48% | +$434K |
|
741
Maximus
MMS
$3.05B
| $1.45M | 0.02% |
17,312
+9,632
| +125% | +$792K |
|
742
Fabrinet
FN
$15.6B
| $1.45M | 0.02% |
7,678
-8,384
| -52% | -$1.68M |
|
743
Amkor Technology
AMKR
$12.5B
| $1.44M | 0.02% |
44,697
+25,462
| +132% | +$807K |
|
744
Coinbase
COIN
$49.2B
| $1.44M | 0.02% |
5,427
+3,153
| +139% | +$567K |
|
745
Axalta
AXTA
$7.75B
| $1.41M | 0.02% |
41,136
-16,571
| -29% | -$541K |
|
746
Iridium Communications
IRDM
$5.19B
| $1.41M | 0.02% |
54,041
-119,576
| -69% | -$3.89M |
|
747
Universal Health Services
UHS
$10.4B
| $1.41M | 0.02% |
7,730
+67
| +0.9% | +$11.1K |
|
|
DAY
748
DELISTED
Dayforce
DAY
| $1.41M | 0.02% |
21,223
-7,314
| -26% | -$499K |
|
749
SPS Commerce
SPSC
$2.92B
| $1.4M | 0.02% |
7,574
+1,210
| +19% | +$223K |
|
750
Silgan Holdings
SLGN
$4.48B
| $1.4M | 0.02% |
+28,821
| New | +$1.28M |
|
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.