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 |
Snowflake
SNOW
|
+$70.2M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$41.9M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$39.1M |
| 4 |
Adobe
ADBE
|
+$12.8M |
| 5 |
Centene
CNC
|
+$9.87M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PayPal
PYPL
|
+$12.1M |
| 2 |
Intuit
INTU
|
+$10.8M |
| 3 |
Oracle
ORCL
|
+$7.36M |
| 4 |
Marathon Petroleum
MPC
|
+$6.57M |
| 5 |
TJX Companies
TJX
|
+$6.47M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.15% |
| 2 | Healthcare | 12.06% |
| 3 | Industrials | 10.55% |
| 4 | Consumer Discretionary | 9.54% |
| 5 | Financials | 7.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ZEN
801
DELISTED
ZENDESK INC
ZEN
| $619K | 0.02% |
+8,130
| New | +$617K |
|
802
Pinnacle Financial Partners Inc
PNFP
$15.5B
| $614K | 0.02% |
+7,569
| New | +$605K |
|
|
MASI
803
DELISTED
Masimo
MASI
| $609K | 0.02% |
4,315
-2,193
| -34% | -$320K |
|
804
Antero Midstream
AM
$10.5B
| $602K | 0.02% |
65,559
-1,434
| -2% | -$14.1K |
|
805
Donaldson
DCI
$10.8B
| $601K | 0.02% |
12,267
+2,185
| +22% | +$114K |
|
806
Sempra
SRE
$54.2B
| $601K | 0.02% |
8,012
+2,360
| +42% | +$191K |
|
807
Cameco
CCJ
$44.6B
| $600K | 0.02% |
22,643
-25,828
| -53% | -$661K |
|
808
Tradeweb Markets
TW
$22.6B
| $599K | 0.02% |
+10,625
| New | +$723K |
|
|
AVNS
809
DELISTED
Avanos Medical
AVNS
| $597K | 0.02% |
27,407
+1,434
| +6% | +$37.5K |
|
810
Neurocrine Biosciences
NBIX
$15.5B
| $597K | 0.02% |
5,625
+29
| +0.5% | +$2.94K |
|
811
Cloudflare
NET
$104B
| $594K | 0.02% |
+10,740
| New | +$638K |
|
812
AAR Corp
AIR
$5.43B
| $591K | 0.02% |
16,490
-8,593
| -34% | -$366K |
|
813
CNA Financial
CNA
$13.3B
| $590K | 0.02% |
16,002
+5,320
| +50% | +$217K |
|
814
Jefferies Financial Group
JEF
$12.1B
| $590K | 0.02% |
20,908
-48
| -0.2% | -$1.45K |
|
815
Ingles Markets
IMKTA
$1.61B
| $584K | 0.02% |
7,368
-218
| -3% | -$19.8K |
|
816
HEICO Corp
HEI
$49.6B
| $582K | 0.02% |
4,041
+37
| +0.9% | +$5.55K |
|
817
Universal Health Services
UHS
$10.4B
| $580K | 0.02% |
6,581
-12,682
| -66% | -$1.31M |
|
818
Ciena
CIEN
$56B
| $578K | 0.02% |
14,295
-229
| -2% | -$11K |
|
819
IBM
IBM
$222B
| $577K | 0.02% |
4,855
-37,711
| -89% | -$4.95M |
|
820
Casey's General Stores
CASY
$30.9B
| $571K | 0.02% |
+2,818
| New | +$584K |
|
821
Wheaton Precious Metals
WPM
$71.7B
| $567K | 0.02% |
17,518
+8,500
| +94% | +$279K |
|
|
PACW
822
DELISTED
PacWest Bancorp
PACW
| $566K | 0.02% |
25,056
-9,814
| -28% | -$264K |
|
823
Magnolia Oil & Gas
MGY
$6.67B
| $562K | 0.02% |
28,345
-4
| -0% | -$89 |
|
824
Plug Power
PLUG
$3.17B
| $561K | 0.02% |
26,680
+6,607
| +33% | +$158K |
|
825
Viavi Solutions
VIAV
$9.6B
| $561K | 0.02% |
+42,978
| New | +$612K |
|
Similar funds
Joel Greenblatt's Q3 2022 Portfolio in Review
As of Q3 2022, Joel Greenblatt held 1,300 positions worth $3.34B, up 7.2% from $3.11B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Joel Greenblatt deployed $425M of net new capital in Q3 2022, opening 196 new positions and adding to 563 existing holdings. Its largest new stake was Snowflake: 423,947 shares worth $72.1M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Healthcare and Industrials.
On the sell side, the largest reduction was PayPal, an estimated $12.1M trimmed.
- Joel Greenblatt's largest Q3 2022 buy was Snowflake: 423,947 shares worth $72.1M.
- Joel Greenblatt added most to iShares Core S&P 500 ETF in Q3 2022, an estimated $41.9M increase.
- Joel Greenblatt's biggest Q3 2022 reduction was PayPal, cutting an estimated $12.1M.
- Joel Greenblatt fully exited Warner Bros in Q3 2022, selling an estimated $6.45M.
- Joel Greenblatt's ten largest holdings make up 23% of its $3.34B portfolio in Q3 2022.
- Joel Greenblatt opened 196 new positions and closed 144 in Q3 2022.
- Joel Greenblatt's portfolio value rose 7.2% quarter-over-quarter to $3.34B.
Based on Gotham Asset Management's 13F filing for Q3 2022, filed 14 Nov 2022.