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 |
WCC
WESCO International
WCC
|
+$41.6M |
| 2 |
Gen Digital
GEN
|
+$33.4M |
| 3 |
Bunge Global
BG
|
+$33.3M |
| 4 |
News Corp Class B
NWS
|
+$32.8M |
| 5 |
Deckers Outdoor
DECK
|
+$31.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ENDP
Endo International plc
ENDP
|
+$26.8M |
| 2 |
SPR
Spirit AeroSystems
SPR
|
+$18.3M |
| 3 |
CTB
Cooper Tire & Rubber Co.
CTB
|
+$17.3M |
| 4 |
DF
Dean Foods Company
DF
|
+$15.6M |
| 5 |
Quanta Services
PWR
|
+$15.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 22.83% |
| 2 | Consumer Discretionary | 18.79% |
| 3 | Technology | 17.79% |
| 4 | Consumer Staples | 13.28% |
| 5 | Healthcare | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
776
Graham Holdings Company
GHC
$4.94B
| $537K | 0.01% |
1,263
-5,479
| -81% | -$2.24M |
|
777
Yum! Brands
YUM
$41.8B
| $533K | 0.01% |
9,826
+4,817
| +96% | +$254K |
|
778
Dolby
DLB
$6.11B
| $532K | 0.01% |
11,946
-46,828
| -80% | -$1.97M |
|
779
Eli Lilly
LLY
$1.12T
| $531K | 0.01% |
9,016
-132,105
| -94% | -$7.37M |
|
|
BCPC
780
Balchem Corp
BCPC
$5.78B
| $530K | 0.01% |
+10,169
| New | +$546K |
|
781
Cracker Barrel
CBRL
$1.29B
| $527K | 0.01% |
+5,418
| New | +$546K |
|
782
Marcus Corp
MCS
$912M
| $526K | 0.01% |
31,500
-15,218
| -33% | -$213K |
|
|
SJT
783
San Juan Basin Royalty Trust
SJT
$127M
| $526K | 0.01% |
+29,782
| New | +$517K |
|
|
TBRG
784
DELISTED
TruBridge
TBRG
| $526K | 0.01% |
+8,142
| New | +$529K |
|
785
United Parks & Resorts
PRKS
$2.06B
| $525K | 0.01% |
17,377
-38,870
| -69% | -$1.25M |
|
|
SJR
786
DELISTED
Shaw Communications Inc.
SJR
| $522K | 0.01% |
21,849
-293,917
| -93% | -$6.78M |
|
787
Kadant
KAI
$3.7B
| $517K | 0.01% |
14,172
+47
| +0.3% | +$1.78K |
|
788
LyondellBasell Industries
LYB
$21.8B
| $517K | 0.01% |
+5,810
| New | +$489K |
|
789
Rollins
ROL
$17.8B
| $516K | 0.01% |
57,591
+31,215
| +118% | +$273K |
|
|
AET
790
DELISTED
Aetna Inc
AET
| $516K | 0.01% |
6,886
+3,320
| +93% | +$235K |
|
791
Worthington Enterprises
WOR
$2.78B
| $510K | 0.01% |
21,634
-60,949
| -74% | -$1.52M |
|
792
Curtiss-Wright
CW
$23.5B
| $505K | 0.01% |
+7,953
| New | +$503K |
|
|
SGNT
793
DELISTED
SAGENT PHARMACEUTICALS INC COM STK (DE)
SGNT
| $504K | 0.01% |
21,573
-17,785
| -45% | -$389K |
|
794
Forum Energy Technologies
FET
$871M
| $503K | 0.01% |
+811
| New | +$440K |
|
|
ADVS
795
DELISTED
Advent Software Inc
ADVS
| $503K | 0.01% |
17,132
+7,006
| +69% | +$223K |
|
|
OMG
796
DELISTED
OM GROUP INC.
OMG
| $498K | 0.01% |
15,003
-52,360
| -78% | -$1.76M |
|
|
HSII
797
DELISTED
Heidrick & Struggles
HSII
| $496K | 0.01% |
24,726
-61,855
| -71% | -$1.15M |
|
|
ININ
798
DELISTED
Interactive Intelligence Group, inc.
ININ
| $495K | 0.01% |
6,834
+1,673
| +32% | +$123K |
|
|
TBHC
799
DELISTED
The Brand House Collective
TBHC
| $491K | 0.01% |
+26,542
| New | +$507K |
|
|
PTP
800
DELISTED
PLATINUM UNDERWRITERS HLDGS LTD
PTP
| $487K | 0.01% |
8,096
-420
| -5% | -$24.5K |
|
Similar funds
Joel Greenblatt's Q1 2014 Portfolio in Review
As of Q1 2014, Joel Greenblatt held 1,179 positions worth $6.64B, up 58% from $4.2B the previous quarter. Its ten largest holdings account for 6.1% of the portfolio.
Joel Greenblatt deployed $2.37B of net new capital in Q1 2014, opening 229 new positions and adding to 423 existing holdings. Its largest new stake was WESCO International: 485,151 shares worth $40.4M.
By sector, the portfolio is most concentrated in Industrials at 23% of assets, up from 23% a quarter earlier, followed by Consumer Discretionary and Technology.
On the sell side, the largest reduction was Spirit AeroSystems, an estimated $18.3M trimmed.
- Joel Greenblatt's largest Q1 2014 buy was WESCO International: 485,151 shares worth $40.4M.
- Joel Greenblatt added most to Gen Digital in Q1 2014, an estimated $33.4M increase.
- Joel Greenblatt's biggest Q1 2014 reduction was Spirit AeroSystems, cutting an estimated $18.3M.
- Joel Greenblatt fully exited Endo International plc in Q1 2014, selling an estimated $26.8M.
- Joel Greenblatt's ten largest holdings make up 6.1% of its $6.64B portfolio in Q1 2014.
- Joel Greenblatt opened 229 new positions and closed 185 in Q1 2014.
- Joel Greenblatt's portfolio value rose 58% quarter-over-quarter to $6.64B.
Based on Gotham Asset Management's 13F filing for Q1 2014, filed 15 May 2014.