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 | |
|---|---|---|---|---|---|---|
751
Waste Management
WM
$89.6B
| $1.39M | 0.02% |
6,526
+3,724
| +133% | +$732K |
|
|
XYZ
752
Block Inc
XYZ
$49.4B
| $1.39M | 0.02% |
16,416
-3,999
| -20% | -$289K |
|
753
Energizer
ENR
$1.47B
| $1.38M | 0.02% |
46,965
+22,221
| +90% | +$672K |
|
754
Peloton Interactive
PTON
$2.37B
| $1.38M | 0.02% |
322,067
-79,096
| -20% | -$391K |
|
755
Northrop Grumman
NOC
$78.3B
| $1.37M | 0.02% |
2,864
-1,247
| -30% | -$574K |
|
756
Capital One
COF
$134B
| $1.37M | 0.02% |
9,187
+272
| +3% | +$36.8K |
|
757
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $1.37M | 0.02% |
32,711
+7,284
| +29% | +$297K |
|
758
iShares Broad USD High Yield Corporate Bond ETF
USHY
$29.2B
| $1.37M | 0.02% |
37,319
+7,438
| +25% | +$270K |
|
759
Photronics
PLAB
$1.8B
| $1.36M | 0.02% |
48,151
+4,658
| +11% | +$139K |
|
760
Sterling Infrastructure
STRL
$15.8B
| $1.36M | 0.02% |
12,335
-11,281
| -48% | -$1.02M |
|
|
BNY
761
Bank of New York Mellon
BNY
$108B
| $1.36M | 0.02% |
23,579
+2,727
| +13% | +$150K |
|
762
Brunswick
BC
$5.24B
| $1.36M | 0.02% |
14,058
+5,084
| +57% | +$446K |
|
763
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.7B
| $1.35M | 0.02% |
11,317
-525
| -4% | -$59.5K |
|
764
Fortuna Silver Mines
FSM
$3.57B
| $1.35M | 0.02% |
362,134
+295,533
| +444% | +$946K |
|
765
Pinnacle West Capital
PNW
$11.8B
| $1.34M | 0.02% |
17,959
+13,835
| +335% | +$974K |
|
766
Sonos
SONO
$1.87B
| $1.34M | 0.02% |
+70,168
| New | +$1.24M |
|
767
Outfront Media
OUT
$5.25B
| $1.33M | 0.02% |
80,490
+24,894
| +45% | +$351K |
|
768
ACV Auctions
ACVA
$1.26B
| $1.32M | 0.02% |
70,491
+1,188
| +2% | +$18.6K |
|
769
Minerals Technologies
MTX
$2.21B
| $1.32M | 0.02% |
17,551
+4,229
| +32% | +$297K |
|
770
iShares Core US Aggregate Bond ETF
AGG
$138B
| $1.32M | 0.02% |
+13,477
| New | +$1.32M |
|
771
Lithia Motors
LAD
$8.15B
| $1.32M | 0.02% |
4,382
+948
| +28% | +$280K |
|
772
Ovintiv
OVV
$18.5B
| $1.32M | 0.02% |
25,363
+4,782
| +23% | +$218K |
|
773
D.R. Horton
DHI
$41.5B
| $1.3M | 0.02% |
7,909
-6,978
| -47% | -$1.05M |
|
774
Sylvamo
SLVM
$1.46B
| $1.3M | 0.02% |
21,031
-90
| -0.4% | -$4.81K |
|
775
GXO Logistics
GXO
$5.24B
| $1.3M | 0.02% |
24,111
-6,191
| -20% | -$335K |
|
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.