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 |
Humana
HUM
|
+$13M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$12.6M |
| 3 |
PayPal
PYPL
|
+$11.2M |
| 4 |
Lam Research
LRCX
|
+$10.5M |
| 5 |
ON Semiconductor
ON
|
+$8.83M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$11.8M |
| 2 |
Adobe
ADBE
|
+$11.2M |
| 3 |
Parker-Hannifin
PH
|
+$9.65M |
| 4 |
Walt Disney
DIS
|
+$8.9M |
| 5 |
FedEx
FDX
|
+$8.85M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.16% |
| 2 | Healthcare | 12.01% |
| 3 | Industrials | 10.55% |
| 4 | Consumer Discretionary | 10.05% |
| 5 | Financials | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
776
Zimmer Biomet
ZBH
$19.3B
| $743K | 0.02% |
5,829
-43,001
| -88% | -$4.99M |
|
|
CCRN
777
DELISTED
Cross Country Healthcare
CCRN
| $740K | 0.02% |
+27,864
| New | +$909K |
|
778
Cboe Global Markets
CBOE
$31.4B
| $735K | 0.02% |
5,860
+2,377
| +68% | +$293K |
|
779
United Parks & Resorts
PRKS
$2.06B
| $735K | 0.02% |
13,738
+4,968
| +57% | +$266K |
|
780
Lumentum
LITE
$77.7B
| $734K | 0.02% |
14,073
-19,730
| -58% | -$1.21M |
|
781
Valaris
VAL
$6.09B
| $731K | 0.02% |
10,813
-6,450
| -37% | -$402K |
|
782
ITT
ITT
$18.6B
| $730K | 0.02% |
9,001
-3,851
| -30% | -$298K |
|
783
MGP Ingredients
MGPI
$387M
| $728K | 0.02% |
6,843
+2,110
| +45% | +$236K |
|
784
Jefferies Financial Group
JEF
$12.1B
| $727K | 0.02% |
22,192
+1,284
| +6% | +$42.7K |
|
|
MASI
785
DELISTED
Masimo
MASI
| $725K | 0.02% |
4,901
+586
| +14% | +$80.6K |
|
786
Churchill Downs
CHDN
$6.53B
| $723K | 0.02% |
6,836
-3,286
| -32% | -$346K |
|
787
Booz Allen Hamilton
BAH
$9.27B
| $720K | 0.02% |
6,893
-116
| -2% | -$12.1K |
|
|
AZPN
788
DELISTED
Aspen Technology Inc
AZPN
| $719K | 0.02% |
3,499
-227
| -6% | -$52.7K |
|
789
Algonquin Power & Utilities
AQN
$4.39B
| $716K | 0.02% |
+109,798
| New | +$979K |
|
790
Canadian Natural Resources
CNQ
$106B
| $714K | 0.02% |
25,718
-51,950
| -67% | -$1.48M |
|
791
Dine Brands
DIN
$454M
| $712K | 0.02% |
11,022
+4,351
| +65% | +$303K |
|
792
Bloomin' Brands
BLMN
$996M
| $710K | 0.02% |
35,267
-23,621
| -40% | -$512K |
|
793
Warner Bros
WBD
$71.6B
| $704K | 0.02% |
+74,215
| New | +$838K |
|
794
American States Water
AWR
$3.51B
| $703K | 0.02% |
7,593
-1,671
| -18% | -$152K |
|
795
Wintrust Financial
WTFC
$10.3B
| $700K | 0.02% |
8,279
-4,500
| -35% | -$397K |
|
796
Ziff Davis
ZD
$1.92B
| $698K | 0.02% |
8,825
-3,735
| -30% | -$300K |
|
797
Yeti Holdings
YETI
$3.19B
| $693K | 0.02% |
+16,775
| New | +$630K |
|
798
Super Micro Computer
SMCI
$24.1B
| $691K | 0.02% |
+84,200
| New | +$641K |
|
799
Impinj
PI
$5.06B
| $687K | 0.02% |
+6,295
| New | +$663K |
|
|
CCC
800
CCC Intelligent Solutions
CCC
$4.39B
| $684K | 0.02% |
78,666
-32,479
| -29% | -$289K |
|
Similar funds
Joel Greenblatt's Q4 2022 Portfolio in Review
As of Q4 2022, Joel Greenblatt held 1,351 positions worth $3.55B, up 6.4% from $3.34B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Joel Greenblatt's Q4 2022 filing shows 195 new, 468 increased, 530 reduced and 150 closed positions. Its largest new stake was Albemarle: 27,723 shares worth $6.01M. The largest sale was Micron Technology, an estimated $11.8M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Healthcare and Industrials.
- Joel Greenblatt's largest Q4 2022 buy was Albemarle: 27,723 shares worth $6.01M.
- Joel Greenblatt added most to Humana in Q4 2022, an estimated $13M increase.
- Joel Greenblatt's biggest Q4 2022 reduction was Micron Technology, cutting an estimated $11.8M.
- Joel Greenblatt fully exited FedEx in Q4 2022, selling an estimated $8.85M.
- Joel Greenblatt's ten largest holdings make up 22% of its $3.55B portfolio in Q4 2022.
- Joel Greenblatt opened 195 new positions and closed 150 in Q4 2022.
- Joel Greenblatt's portfolio value rose 6.4% quarter-over-quarter to $3.55B.
Based on Gotham Asset Management's 13F filing for Q4 2022, filed 14 Feb 2023.