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
|
+$208M |
| 2 |
NVIDIA
NVDA
|
+$74.8M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$49M |
| 4 |
Merck
MRK
|
+$20.3M |
| 5 |
GE Aerospace
GE
|
+$19.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Celanese
CE
|
+$14.3M |
| 2 |
ExxonMobil
XOM
|
+$11.5M |
| 3 |
APA Corp
APA
|
+$11.5M |
| 4 |
Kenvue
KVUE
|
+$10.7M |
| 5 |
Mattel
MAT
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.43% |
| 2 | Industrials | 11.88% |
| 3 | Consumer Discretionary | 10.29% |
| 4 | Healthcare | 9.07% |
| 5 | Financials | 5.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
CBRE Group
CBRE
$44B
| $1.99M | 0.02% |
15,961
-4,341
| -21% | -$473K |
|
727
Azenta
AZTA
$1.64B
| $1.97M | 0.02% |
40,567
-26,856
| -40% | -$1.4M |
|
728
Worthington Enterprises
WOR
$2.78B
| $1.96M | 0.02% |
47,344
-747
| -2% | -$34K |
|
729
RPM International
RPM
$13.9B
| $1.94M | 0.02% |
16,068
-20,644
| -56% | -$2.39M |
|
|
SCHW
730
Charles Schwab
SCHW
$194B
| $1.94M | 0.02% |
29,895
+3,677
| +14% | +$242K |
|
731
DoorDash
DASH
$96.8B
| $1.94M | 0.02% |
13,567
+10,004
| +281% | +$1.21M |
|
732
First American
FAF
$7.33B
| $1.92M | 0.02% |
29,095
-7,007
| -19% | -$428K |
|
733
Sherwin-Williams
SHW
$84.1B
| $1.92M | 0.02% |
5,031
-198
| -4% | -$69.1K |
|
734
Alexandria Real Estate Equities
ARE
$9.21B
| $1.92M | 0.02% |
16,138
-3,849
| -19% | -$459K |
|
735
Helmerich & Payne
HP
$4.35B
| $1.91M | 0.02% |
62,796
-20,721
| -25% | -$716K |
|
736
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $1.91M | 0.02% |
36,134
+3,346
| +10% | +$170K |
|
737
Douglas Emmett
DEI
$1.97B
| $1.9M | 0.02% |
108,370
| – | – |
|
738
LCI Industries
LCII
$2.48B
| $1.9M | 0.02% |
15,731
-5,104
| -24% | -$577K |
|
739
Mueller Water Products
MWA
$3.89B
| $1.89M | 0.02% |
87,311
+24,086
| +38% | +$485K |
|
740
Credit Acceptance
CACC
$6.24B
| $1.89M | 0.02% |
4,271
-305
| -7% | -$150K |
|
741
Driven Brands
DRVN
$2.17B
| $1.89M | 0.02% |
132,683
+35,799
| +37% | +$490K |
|
742
Simply Good Foods
SMPL
$962M
| $1.89M | 0.02% |
54,398
+28,202
| +108% | +$956K |
|
|
SMAR
743
DELISTED
Smartsheet Inc.
SMAR
| $1.89M | 0.02% |
34,066
+15,221
| +81% | +$738K |
|
744
Carlyle Group
CG
$17.6B
| $1.88M | 0.02% |
43,727
| – | – |
|
745
Murphy USA
MUSA
$10.5B
| $1.88M | 0.02% |
3,807
-70
| -2% | -$35.1K |
|
746
Brinker International
EAT
$10.6B
| $1.88M | 0.02% |
24,507
-6,455
| -21% | -$445K |
|
747
Fortrea Holdings
FTRE
$1.75B
| $1.87M | 0.02% |
93,707
+84,285
| +895% | +$1.98M |
|
|
WCC
748
WESCO International
WCC
$17B
| $1.86M | 0.02% |
11,076
-34,034
| -75% | -$5.53M |
|
|
X
749
DELISTED
US Steel
X
| $1.85M | 0.02% |
52,497
-47,249
| -47% | -$1.8M |
|
750
Avient
AVNT
$4.1B
| $1.85M | 0.02% |
36,826
+29,196
| +383% | +$1.34M |
|
Similar funds
Joel Greenblatt's Q3 2024 Portfolio in Review
As of Q3 2024, Joel Greenblatt held 1,552 positions worth $9.67B, up 25% from $7.72B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.31B of net new capital in Q3 2024, opening 145 new positions and adding to 741 existing holdings. Its largest new stake was AST SpaceMobile: 520,630 shares worth $13.6M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Celanese, an estimated $14.3M trimmed.
- Joel Greenblatt's largest Q3 2024 buy was AST SpaceMobile: 520,630 shares worth $13.6M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $208M increase.
- Joel Greenblatt's biggest Q3 2024 reduction was Celanese, cutting an estimated $14.3M.
- Joel Greenblatt fully exited Corteva in Q3 2024, selling an estimated $9.36M.
- Joel Greenblatt's ten largest holdings make up 25% of its $9.67B portfolio in Q3 2024.
- Joel Greenblatt opened 145 new positions and closed 150 in Q3 2024.
- Joel Greenblatt's portfolio value rose 25% quarter-over-quarter to $9.67B.
Based on Gotham Asset Management's 13F filing for Q3 2024, filed 14 Nov 2024.