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
|
+$536M |
| 2 |
Amazon
AMZN
|
+$80.8M |
| 3 |
Apple
AAPL
|
+$40.3M |
| 4 |
Intuitive Machines
LUNR
|
+$33.2M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$24.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ConocoPhillips
COP
|
+$23.1M |
| 2 |
Dominion Energy
D
|
+$18.1M |
| 3 |
GE Aerospace
GE
|
+$17.7M |
| 4 |
EOG Resources
EOG
|
+$16.3M |
| 5 |
Johnson & Johnson
JNJ
|
+$15.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.98% |
| 2 | Industrials | 11.38% |
| 3 | Consumer Discretionary | 9.73% |
| 4 | Healthcare | 7.92% |
| 5 | Financials | 6.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
Zimmer Biomet
ZBH
$19.3B
| $2.51M | 0.02% |
22,140
-28,687
| -56% | -$3.07M |
|
727
Amkor Technology
AMKR
$12.5B
| $2.5M | 0.02% |
138,700
-11,791
| -8% | -$266K |
|
|
VMRK
728
Vivmark Residential
VMRK
$25B
| $2.49M | 0.02% |
34,791
+8,146
| +31% | +$575K |
|
729
Global Payments
GPN
$24.7B
| $2.47M | 0.02% |
25,206
+16,186
| +179% | +$1.69M |
|
|
BNY
730
Bank of New York Mellon
BNY
$108B
| $2.47M | 0.02% |
29,416
+714
| +2% | +$60K |
|
731
MetLife
MET
$60B
| $2.46M | 0.02% |
30,611
-11,616
| -28% | -$966K |
|
732
Fortuna Silver Mines
FSM
$3.57B
| $2.45M | 0.02% |
401,326
-428,969
| -52% | -$2.13M |
|
|
INFA
733
DELISTED
Informatica
INFA
| $2.45M | 0.02% |
140,122
+94,388
| +206% | +$2.07M |
|
734
State Street SPDR Russell 1000 Low Volatility Focus ETF
ONEV
$307M
| $2.44M | 0.02% |
19,266
+7,129
| +59% | +$910K |
|
|
ITCI
735
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $2.44M | 0.02% |
18,508
+7,501
| +68% | +$935K |
|
736
Crane NXT
CXT
$2.89B
| $2.44M | 0.02% |
47,483
+27,553
| +138% | +$1.62M |
|
|
SCHW
737
Charles Schwab
SCHW
$194B
| $2.44M | 0.02% |
31,160
+547
| +2% | +$42.9K |
|
738
iShares 20+ Year Treasury Bond ETF
TLT
$46.3B
| $2.43M | 0.02% |
26,703
-2,097
| -7% | -$187K |
|
739
Cameco
CCJ
$44.6B
| $2.43M | 0.02% |
58,936
+33,891
| +135% | +$1.6M |
|
740
Duolingo
DUOL
$6.84B
| $2.42M | 0.02% |
+7,786
| New | +$2.66M |
|
741
TE Connectivity
TEL
$58.9B
| $2.41M | 0.02% |
17,071
-15,549
| -48% | -$2.3M |
|
742
State Street SPDR Global Dow ETF
DGT
$634M
| $2.4M | 0.02% |
17,172
+6,629
| +63% | +$925K |
|
|
SKX
743
DELISTED
Skechers
SKX
| $2.4M | 0.02% |
42,239
-42,389
| -50% | -$2.76M |
|
744
Insulet
PODD
$10.3B
| $2.38M | 0.02% |
9,077
+2,250
| +33% | +$609K |
|
745
Franklin Templeton
BEN
$17.4B
| $2.38M | 0.02% |
123,773
+286
| +0.2% | +$5.73K |
|
746
Lindblad Expeditions
LIND
$2.04B
| $2.38M | 0.02% |
+40,569
| New | +$463K |
|
747
Abercrombie & Fitch
ANF
$4.84B
| $2.36M | 0.02% |
30,886
+20,019
| +184% | +$2.16M |
|
748
Honeywell
HON
$68.4B
| $2.36M | 0.02% |
11,815
+845
| +8% | +$171K |
|
749
Magna International
MGA
$19.5B
| $2.35M | 0.02% |
69,106
+59,613
| +628% | +$2.29M |
|
750
iShares Russell 1000 ETF
IWB
$49.3B
| $2.34M | 0.02% |
7,625
| – | – |
|
Similar funds
Joel Greenblatt's Q1 2025 Portfolio in Review
As of Q1 2025, Joel Greenblatt held 1,689 positions worth $12B, up 14% from $10.5B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Joel Greenblatt deployed $1.98B of net new capital in Q1 2025, opening 268 new positions and adding to 781 existing holdings. Its largest new stake was Intuitive Machines: 2,112,674 shares worth $15.7M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was ConocoPhillips, an estimated $23.1M trimmed.
- Joel Greenblatt's largest Q1 2025 buy was Intuitive Machines: 2,112,674 shares worth $15.7M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2025, an estimated $536M increase.
- Joel Greenblatt's biggest Q1 2025 reduction was ConocoPhillips, cutting an estimated $23.1M.
- Joel Greenblatt fully exited Sonoco in Q1 2025, selling an estimated $11.8M.
- Joel Greenblatt's ten largest holdings make up 28% of its $12B portfolio in Q1 2025.
- Joel Greenblatt opened 268 new positions and closed 148 in Q1 2025.
- Joel Greenblatt's portfolio value rose 14% quarter-over-quarter to $12B.
Based on Gotham Asset Management's 13F filing for Q1 2025, filed 15 May 2025.