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
|
+$208M |
| 2 |
NVIDIA
NVDA
|
+$74.8M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$49M |
| 4 |
Merck
MRK
|
+$20.3M |
| 5 |
GE Aerospace
GE
|
+$19.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Celanese
CE
|
+$14.3M |
| 2 |
ExxonMobil
XOM
|
+$11.5M |
| 3 |
APA Corp
APA
|
+$11.5M |
| 4 |
Kenvue
KVUE
|
+$10.7M |
| 5 |
Mattel
MAT
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.43% |
| 2 | Industrials | 11.88% |
| 3 | Consumer Discretionary | 10.29% |
| 4 | Healthcare | 9.07% |
| 5 | Financials | 5.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
776
Cracker Barrel
CBRL
$1.29B
| $1.69M | 0.02% |
37,294
+1,206
| +3% | +$49.7K |
|
777
Steel Dynamics
STLD
$32.8B
| $1.69M | 0.02% |
13,394
-32,269
| -71% | -$3.92M |
|
778
Open Text
OTEX
$5.97B
| $1.69M | 0.02% |
50,736
+757
| +2% | +$23.8K |
|
779
Dana Inc
DAN
$3.41B
| $1.68M | 0.02% |
159,430
+39,016
| +32% | +$430K |
|
780
Imperial Oil
IMO
$66.8B
| $1.68M | 0.02% |
23,835
+17,953
| +305% | +$1.27M |
|
781
Minerals Technologies
MTX
$2.21B
| $1.66M | 0.02% |
21,454
+486
| +2% | +$37.4K |
|
782
Magna International
MGA
$19.5B
| $1.65M | 0.02% |
40,164
+24,506
| +157% | +$1.02M |
|
783
BioMarin Pharmaceuticals
BMRN
$12.9B
| $1.64M | 0.02% |
+23,395
| New | +$1.96M |
|
784
PNC Financial Services
PNC
$97B
| $1.64M | 0.02% |
8,881
+88
| +1% | +$15.4K |
|
785
Rogers Corp
ROG
$2.26B
| $1.63M | 0.02% |
14,457
+3,366
| +30% | +$376K |
|
|
JNPR
786
DELISTED
Juniper Networks
JNPR
| $1.63M | 0.02% |
41,903
-41,449
| -50% | -$1.58M |
|
787
Plexus
PLXS
$6.4B
| $1.63M | 0.02% |
11,908
+7,932
| +199% | +$963K |
|
788
Weyerhaeuser
WY
$17.6B
| $1.63M | 0.02% |
48,007
+9,252
| +24% | +$284K |
|
789
Arch Capital
ACGL
$33.9B
| $1.62M | 0.02% |
14,487
+2,400
| +20% | +$250K |
|
790
CMS Energy
CMS
$21.4B
| $1.62M | 0.02% |
22,891
+10,884
| +91% | +$714K |
|
791
Werner Enterprises
WERN
$2.33B
| $1.62M | 0.02% |
+41,890
| New | +$1.55M |
|
792
Texas Pacific Land
TPL
$26.5B
| $1.62M | 0.02% |
5,481
+411
| +8% | +$113K |
|
793
Wendy's
WEN
$1.72B
| $1.59M | 0.02% |
90,804
-153,689
| -63% | -$2.62M |
|
794
American International
AIG
$39.8B
| $1.58M | 0.02% |
21,622
-20,326
| -48% | -$1.51M |
|
795
Texas Roadhouse
TXRH
$13.4B
| $1.58M | 0.02% |
+8,958
| New | +$1.51M |
|
|
MCW
796
DELISTED
Mister Car Wash
MCW
| $1.58M | 0.02% |
242,353
-156,411
| -39% | -$1.06M |
|
|
SGI
797
Somnigroup International
SGI
$13.6B
| $1.58M | 0.02% |
28,871
-18,926
| -40% | -$962K |
|
798
Acushnet Holdings
GOLF
$5.19B
| $1.58M | 0.02% |
24,720
+20,748
| +522% | +$1.37M |
|
799
ABM Industries
ABM
$2.74B
| $1.57M | 0.02% |
29,824
+2,646
| +10% | +$140K |
|
800
Coca-Cola Consolidated
COKE
$12.6B
| $1.57M | 0.02% |
11,950
+1,330
| +13% | +$163K |
|
Similar funds
Joel Greenblatt's Q3 2024 Portfolio in Review
As of Q3 2024, Joel Greenblatt held 1,552 positions worth $9.67B, up 25% from $7.72B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.31B of net new capital in Q3 2024, opening 145 new positions and adding to 741 existing holdings. Its largest new stake was AST SpaceMobile: 520,630 shares worth $13.6M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Celanese, an estimated $14.3M trimmed.
- Joel Greenblatt's largest Q3 2024 buy was AST SpaceMobile: 520,630 shares worth $13.6M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $208M increase.
- Joel Greenblatt's biggest Q3 2024 reduction was Celanese, cutting an estimated $14.3M.
- Joel Greenblatt fully exited Corteva in Q3 2024, selling an estimated $9.36M.
- Joel Greenblatt's ten largest holdings make up 25% of its $9.67B portfolio in Q3 2024.
- Joel Greenblatt opened 145 new positions and closed 150 in Q3 2024.
- Joel Greenblatt's portfolio value rose 25% quarter-over-quarter to $9.67B.
Based on Gotham Asset Management's 13F filing for Q3 2024, filed 14 Nov 2024.