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 |
Gotham Enhanced 500 ETF
GSPY
|
+$48.7M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$30.3M |
| 3 |
Exelon
EXC
|
+$17.6M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$17.3M |
| 5 |
PayPal
PYPL
|
+$12.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eaton
ETN
|
+$10.3M |
| 2 |
Advanced Micro Devices
AMD
|
+$7.71M |
| 3 |
CERN
Cerner Corp
CERN
|
+$7.37M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$7.26M |
| 5 |
DTE Energy
DTE
|
+$7.26M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.34% |
| 2 | Healthcare | 11.88% |
| 3 | Industrials | 10.78% |
| 4 | Consumer Discretionary | 9.85% |
| 5 | Financials | 7.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
Paylocity
PCTY
$8.12B
| $466K | 0.02% |
2,670
-1,831
| -41% | -$334K |
|
802
Hanover Insurance
THG
$7.91B
| $466K | 0.02% |
3,188
+604
| +23% | +$88.6K |
|
803
Wendy's
WEN
$1.69B
| $466K | 0.02% |
24,703
+6,297
| +34% | +$119K |
|
|
SWI
804
DELISTED
SolarWinds Corporation Common Stock
SWI
| $465K | 0.01% |
+45,368
| New | +$538K |
|
805
Acuity Brands
AYI
$10.2B
| $463K | 0.01% |
+3,008
| New | +$510K |
|
806
DoubleVerify
DV
$2.06B
| $462K | 0.01% |
20,369
+12,133
| +147% | +$273K |
|
807
First American
FAF
$7.37B
| $461K | 0.01% |
8,707
+1,559
| +22% | +$90.8K |
|
808
NextEra Energy
NEE
$175B
| $460K | 0.01% |
5,937
-1,841
| -24% | -$140K |
|
809
Avista
AVA
$3.18B
| $458K | 0.01% |
+10,521
| New | +$453K |
|
810
AMN Healthcare
AMN
$1.32B
| $455K | 0.01% |
4,149
-3,665
| -47% | -$363K |
|
811
M&T Bank
MTB
$35B
| $454K | 0.01% |
+2,850
| New | +$479K |
|
|
SKX
812
DELISTED
Skechers
SKX
| $454K | 0.01% |
12,751
+1,985
| +18% | +$76.2K |
|
813
Alnylam Pharmaceuticals
ALNY
$31.5B
| $453K | 0.01% |
3,106
+1,808
| +139% | +$256K |
|
|
CNR
814
Core Natural Resources Inc
CNR
$4.79B
| $453K | 0.01% |
9,164
+3,255
| +55% | +$158K |
|
815
United Parks & Resorts
PRKS
$2.02B
| $451K | 0.01% |
10,213
+2,458
| +32% | +$143K |
|
816
Denali Therapeutics
DNLI
$3.84B
| $450K | 0.01% |
+15,285
| New | +$400K |
|
|
THS
817
DELISTED
Treehouse Foods
THS
| $450K | 0.01% |
10,768
-3,169
| -23% | -$116K |
|
818
Kosmos Energy
KOS
$1.69B
| $447K | 0.01% |
72,275
+5
| +0% | +$36 |
|
819
First Hawaiian
FHB
$3.18B
| $446K | 0.01% |
19,658
-3,607
| -16% | -$90.5K |
|
820
Sturm, Ruger & Co
RGR
$615M
| $442K | 0.01% |
6,950
-9,664
| -58% | -$650K |
|
821
Rivian
RIVN
$24.4B
| $441K | 0.01% |
+17,127
| New | +$535K |
|
822
Canadian National Railway
CNI
$77B
| $440K | 0.01% |
+3,909
| New | +$457K |
|
823
Kimco Realty
KIM
$16.2B
| $440K | 0.01% |
22,240
+12,573
| +130% | +$289K |
|
824
Sensata Technologies
ST
$6.08B
| $440K | 0.01% |
+10,646
| New | +$490K |
|
|
FITB
825
Fifth Third Bancorp
FITB
$50B
| $439K | 0.01% |
13,056
-17,247
| -57% | -$648K |
|
Similar funds
Joel Greenblatt's Q2 2022 Portfolio in Review
As of Q2 2022, Joel Greenblatt held 1,290 positions worth $3.11B, down 3.6% from $3.23B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Joel Greenblatt deployed $461M of net new capital in Q2 2022, opening 177 new positions and adding to 577 existing holdings. Its largest new stake was iShares Core S&P 500 ETF: 42,001 shares worth $15.9M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Healthcare and Industrials.
On the sell side, the largest reduction was Eaton, an estimated $10.3M trimmed.
- Joel Greenblatt's largest Q2 2022 buy was iShares Core S&P 500 ETF: 42,001 shares worth $15.9M.
- Joel Greenblatt added most to Gotham Enhanced 500 ETF in Q2 2022, an estimated $48.7M increase.
- Joel Greenblatt's biggest Q2 2022 reduction was Eaton, cutting an estimated $10.3M.
- Joel Greenblatt fully exited Cerner Corp in Q2 2022, selling an estimated $7.37M.
- Joel Greenblatt's ten largest holdings make up 22% of its $3.11B portfolio in Q2 2022.
- Joel Greenblatt opened 177 new positions and closed 186 in Q2 2022.
- Joel Greenblatt's portfolio value fell 3.6% quarter-over-quarter to $3.11B.
Based on Gotham Asset Management's 13F filing for Q2 2022, filed 15 Aug 2022.