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 |
BILL Holdings
BILL
|
+$41.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$35.9M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$35.8M |
| 4 |
PayPal
PYPL
|
+$17.4M |
| 5 |
NATI
National Instruments Corp
NATI
|
+$12.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pfizer
PFE
|
+$14M |
| 2 |
Lam Research
LRCX
|
+$12.7M |
| 3 |
Meta Platforms (Facebook)
META
|
+$9.54M |
| 4 |
VMW
VMware, Inc
VMW
|
+$9.3M |
| 5 |
Valvoline
VVV
|
+$9.03M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.4% |
| 2 | Industrials | 12.68% |
| 3 | Consumer Discretionary | 10.55% |
| 4 | Healthcare | 8.73% |
| 5 | Financials | 6.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
HUB Group
HUBG
$2.49B
| $989K | 0.02% |
21,524
-21,372
| -50% | -$839K |
|
802
Parsons
PSN
$5.24B
| $988K | 0.02% |
+15,756
| New | +$953K |
|
803
Franklin Electric
FELE
$4.6B
| $977K | 0.02% |
+10,107
| New | +$908K |
|
804
Duolingo
DUOL
$6.84B
| $973K | 0.02% |
4,288
-1,160
| -21% | -$226K |
|
|
CCC
805
CCC Intelligent Solutions
CCC
$4.39B
| $970K | 0.02% |
85,183
-793
| -0.9% | -$9.26K |
|
806
Tennant Co
TNC
$1.17B
| $969K | 0.02% |
10,451
+6,114
| +141% | +$507K |
|
807
Vanguard FTSE All-World ex-US ETF
VEU
$70.6B
| $962K | 0.02% |
17,140
| – | – |
|
808
Biogen
BIIB
$32B
| $953K | 0.02% |
3,684
-15,766
| -81% | -$3.87M |
|
809
Innospec
IOSP
$2.31B
| $951K | 0.02% |
7,720
-2,342
| -23% | -$249K |
|
810
Minerals Technologies
MTX
$2.21B
| $950K | 0.02% |
13,322
-4,067
| -23% | -$241K |
|
811
Wayfair
W
$13.9B
| $929K | 0.02% |
15,059
-1,977
| -12% | -$103K |
|
812
SEI Investments
SEIC
$13.1B
| $926K | 0.02% |
14,577
-3,032
| -17% | -$177K |
|
813
Alarm.com
ALRM
$2.82B
| $925K | 0.02% |
14,318
+5,295
| +59% | +$304K |
|
814
Napco Security Technologies
NSSC
$1.36B
| $925K | 0.02% |
26,994
+8,068
| +43% | +$214K |
|
815
AMN Healthcare
AMN
$1.33B
| $922K | 0.02% |
12,313
+3,794
| +45% | +$271K |
|
816
Public Storage
PSA
$60.2B
| $919K | 0.02% |
3,012
+239
| +9% | +$63.4K |
|
817
Sally Beauty Holdings
SBH
$1.55B
| $918K | 0.02% |
69,139
+43,571
| +170% | +$422K |
|
818
Allegro MicroSystems
ALGM
$6.93B
| $915K | 0.02% |
30,226
+1,875
| +7% | +$53.5K |
|
819
Acadia Healthcare
ACHC
$2.59B
| $914K | 0.02% |
11,748
-14,678
| -56% | -$1.09M |
|
820
B&G Foods
BGS
$281M
| $905K | 0.02% |
86,198
+45,685
| +113% | +$423K |
|
821
Ovintiv
OVV
$18.5B
| $904K | 0.02% |
20,581
-2,392
| -10% | -$109K |
|
|
JBTM
822
JBT Marel
JBTM
$6.06B
| $896K | 0.02% |
+9,011
| New | +$934K |
|
|
SGI
823
Somnigroup International
SGI
$13.6B
| $893K | 0.02% |
17,526
-23,917
| -58% | -$1.01M |
|
|
TGNA
824
DELISTED
TEGNA Inc
TGNA
| $889K | 0.02% |
58,093
-15,145
| -21% | -$227K |
|
825
NETSCOUT
NTCT
$2.8B
| $887K | 0.02% |
40,426
-1,787
| -4% | -$40.1K |
|
Similar funds
Joel Greenblatt's Q4 2023 Portfolio in Review
As of Q4 2023, Joel Greenblatt held 1,470 positions worth $5.39B, up 11% from $4.84B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Joel Greenblatt's Q4 2023 filing shows 157 new, 492 increased, 650 reduced and 145 closed positions. Its largest new stake was Fidelity Fundamental Small-Mid Cap ETF: 457,078 shares worth $4.99M. The largest sale was Pfizer, an estimated $14M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
- Joel Greenblatt's largest Q4 2023 buy was Fidelity Fundamental Small-Mid Cap ETF: 457,078 shares worth $4.99M.
- Joel Greenblatt added most to BILL Holdings in Q4 2023, an estimated $41.5M increase.
- Joel Greenblatt's biggest Q4 2023 reduction was Pfizer, cutting an estimated $14M.
- Joel Greenblatt fully exited VMware, Inc in Q4 2023, selling an estimated $9.3M.
- Joel Greenblatt's ten largest holdings make up 24% of its $5.39B portfolio in Q4 2023.
- Joel Greenblatt opened 157 new positions and closed 145 in Q4 2023.
- Joel Greenblatt's portfolio value rose 11% quarter-over-quarter to $5.39B.
Based on Gotham Asset Management's 13F filing for Q4 2023, filed 14 Feb 2024.