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
|
+$1.73B |
| 2 |
NewMarket
NEU
|
+$67.2M |
| 3 |
Gen Digital
GEN
|
+$66.9M |
| 4 |
General Mills
GIS
|
+$63.7M |
| 5 |
Humana
HUM
|
+$63M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Western Digital
WDC
|
+$97.7M |
| 2 |
Micron Technology
MU
|
+$88M |
| 3 |
MASI
Masimo
MASI
|
+$60.7M |
| 4 |
SNDK
Sandisk
SNDK
|
+$55.1M |
| 5 |
Crown Holdings
CCK
|
+$46.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.32% |
| 2 | Industrials | 11.66% |
| 3 | Consumer Discretionary | 9.38% |
| 4 | Healthcare | 7.34% |
| 5 | Financials | 4.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
Darden Restaurants
DRI
$25.2B
| $11.9M | 0.03% |
57,695
+10,124
| +21% | +$2.03M |
|
|
PR
752
Permian Resources
PR
$19.9B
| $11.7M | 0.03% |
636,949
+373,985
| +142% | +$7.51M |
|
753
Phinia Inc
PHIN
$2.67B
| $11.7M | 0.03% |
142,284
+8,398
| +6% | +$643K |
|
754
Realty Income
O
$59.2B
| $11.7M | 0.03% |
188,963
-137,052
| -42% | -$8.54M |
|
755
CMS Energy
CMS
$21.4B
| $11.6M | 0.03% |
151,316
+67,008
| +79% | +$5.02M |
|
756
Union Pacific
UNP
$183B
| $11.6M | 0.03% |
42,527
-10,235
| -19% | -$2.69M |
|
757
Unity
U
$20.7B
| $11.6M | 0.03% |
404,166
+71,005
| +21% | +$1.89M |
|
758
CarMax
KMX
$8.82B
| $11.5M | 0.03% |
218,093
-766,411
| -78% | -$33.4M |
|
759
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $11.5M | 0.03% |
254,300
+88,772
| +54% | +$4.02M |
|
760
Elanco Animal Health
ELAN
$12B
| $11.5M | 0.03% |
465,714
+134,682
| +41% | +$3.11M |
|
761
Zebra Technologies
ZBRA
$17.4B
| $11.4M | 0.03% |
43,331
+7,194
| +20% | +$1.69M |
|
762
Sherwin-Williams
SHW
$84.1B
| $11.4M | 0.03% |
33,033
+18,218
| +123% | +$5.82M |
|
763
Cleveland-Cliffs
CLF
$6.43B
| $11.3M | 0.03% |
1,202,547
+245,650
| +26% | +$2.7M |
|
764
Pacer US Cash Cows 100 ETF
COWZ
$20.1B
| $11.3M | 0.03% |
181,404
+91
| +0.1% | +$5.75K |
|
765
Wendy's
WEN
$1.72B
| $11.2M | 0.03% |
1,350,030
+434,417
| +47% | +$3.11M |
|
766
IBM
IBM
$222B
| $11.2M | 0.03% |
39,769
+6,717
| +20% | +$1.69M |
|
767
Microchip Technology
MCHP
$41.3B
| $11.1M | 0.03% |
121,487
+41,647
| +52% | +$3.71M |
|
768
Knight Transportation
KNX
$11.7B
| $11M | 0.03% |
141,714
+129,573
| +1,067% | +$8.98M |
|
769
Olin
OLN
$2.1B
| $11M | 0.03% |
552,774
-238,296
| -30% | -$6.23M |
|
770
Pan American Silver
PAAS
$22B
| $10.9M | 0.03% |
244,201
+34,180
| +16% | +$1.83M |
|
771
Weyerhaeuser
WY
$17.6B
| $10.9M | 0.03% |
456,564
+235,266
| +106% | +$5.71M |
|
772
DoubleVerify
DV
$2.06B
| $10.8M | 0.03% |
999,950
+165,176
| +20% | +$1.7M |
|
773
SPDR Gold Trust
GLD
$152B
| $10.8M | 0.03% |
29,320
+2,513
| +9% | +$1.04M |
|
774
ProShares UltraPro QQQ
TQQQ
$35.7B
| $10.7M | 0.02% |
132,250
+887
| +0.7% | +$61.6K |
|
775
Equifax
EFX
$22.6B
| $10.7M | 0.02% |
67,257
+13,070
| +24% | +$2.23M |
|
Similar funds
Joel Greenblatt's Q2 2026 Portfolio in Review
As of Q2 2026, Joel Greenblatt held 1,921 positions worth $43B, up 32% from $32.7B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Joel Greenblatt deployed $5.85B of net new capital in Q2 2026, opening 172 new positions and adding to 854 existing holdings. Its largest new stake was On Holding: 754,800 shares worth $26.7M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Western Digital, an estimated $97.7M trimmed.
- Joel Greenblatt's largest Q2 2026 buy was On Holding: 754,800 shares worth $26.7M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $1.73B increase.
- Joel Greenblatt's biggest Q2 2026 reduction was Western Digital, cutting an estimated $97.7M.
- Joel Greenblatt fully exited Masimo in Q2 2026, selling an estimated $60.7M.
- Joel Greenblatt's ten largest holdings make up 28% of its $43B portfolio in Q2 2026.
- Joel Greenblatt opened 172 new positions and closed 130 in Q2 2026.
- Joel Greenblatt's portfolio value rose 32% quarter-over-quarter to $43B.
Based on Gotham Asset Management's 13F filing for Q2 2026, filed 14 Aug 2026.