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
|
+$1.73B |
| 2 |
NewMarket
NEU
|
+$67.2M |
| 3 |
Gen Digital
GEN
|
+$66.9M |
| 4 |
General Mills
GIS
|
+$63.7M |
| 5 |
Humana
HUM
|
+$63M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Western Digital
WDC
|
+$97.7M |
| 2 |
Micron Technology
MU
|
+$88M |
| 3 |
MASI
Masimo
MASI
|
+$60.7M |
| 4 |
SNDK
Sandisk
SNDK
|
+$55.1M |
| 5 |
Crown Holdings
CCK
|
+$46.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.32% |
| 2 | Industrials | 11.66% |
| 3 | Consumer Discretionary | 9.38% |
| 4 | Healthcare | 7.34% |
| 5 | Financials | 4.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
826
Aptiv
APTV
$10B
| $8.91M | 0.02% |
145,086
-332,849
| -70% | -$20.4M |
|
827
Consolidated Edison
ED
$39.3B
| $8.9M | 0.02% |
80,451
-10,990
| -12% | -$1.19M |
|
|
HDV
828
iShares Core High Dividend ETF
HDV
$15.3B
| $8.86M | 0.02% |
323,140
| – | – |
|
829
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $8.84M | 0.02% |
82,523
+74,408
| +917% | +$8.48M |
|
830
Alexandria Real Estate Equities
ARE
$9.21B
| $8.76M | 0.02% |
165,796
-108,422
| -40% | -$5.19M |
|
831
Royal Gold
RGLD
$21.9B
| $8.72M | 0.02% |
43,687
-1,820
| -4% | -$423K |
|
832
Starbucks
SBUX
$122B
| $8.69M | 0.02% |
85,061
+38,213
| +82% | +$3.85M |
|
833
HubSpot
HUBS
$12B
| $8.68M | 0.02% |
47,560
+22,178
| +87% | +$4.64M |
|
834
Rubrik
RBRK
$20.6B
| $8.65M | 0.02% |
107,773
+52,539
| +95% | +$3.3M |
|
835
LKQ Corp
LKQ
$6.52B
| $8.48M | 0.02% |
321,917
+31,530
| +11% | +$876K |
|
836
Vontier
VNT
$4.46B
| $8.42M | 0.02% |
290,280
-242,004
| -45% | -$7.73M |
|
837
Roku
ROKU
$23.4B
| $8.4M | 0.02% |
60,798
-5,369
| -8% | -$655K |
|
838
Bright Horizons
BFAM
$3.54B
| $8.35M | 0.02% |
117,745
-271,248
| -70% | -$19.6M |
|
839
NCR Atleos
NATL
$3.43B
| $8.3M | 0.02% |
191,249
-3,302
| -2% | -$146K |
|
840
Berkshire Hathaway Class A
BRK.A
$1.06T
| $8.24M | 0.02% |
11
+2
| +22% | +$1.44M |
|
841
Rollins
ROL
$17.8B
| $8.23M | 0.02% |
197,095
+79,356
| +67% | +$4.06M |
|
842
3M
MMM
$92.3B
| $8.23M | 0.02% |
50,800
+30,202
| +147% | +$4.58M |
|
843
American Express
AXP
$227B
| $8.21M | 0.02% |
24,258
-167
| -0.7% | -$53.5K |
|
|
FITB
844
Fifth Third Bancorp
FITB
$49.7B
| $8.16M | 0.02% |
144,697
+8,184
| +6% | +$415K |
|
|
BLSH
845
Bullish
BLSH
$4.61B
| $8.14M | 0.02% |
347,412
+196,867
| +131% | +$6.84M |
|
846
Teck Resources
TECK
$33.9B
| $8.08M | 0.02% |
135,958
-52,912
| -28% | -$3.23M |
|
847
AXT Inc
AXTI
$4.64B
| $8.04M | 0.02% |
111,578
-8,830
| -7% | -$795K |
|
848
Lennar Class A
LEN
$21B
| $8.03M | 0.02% |
88,741
+82,636
| +1,354% | +$7.39M |
|
849
PENN Entertainment
PENN
$2.5B
| $7.9M | 0.02% |
370,064
+170,495
| +85% | +$3.06M |
|
850
Trex
TREX
$4.77B
| $7.9M | 0.02% |
157,817
-12,781
| -7% | -$530K |
|
Similar funds
Joel Greenblatt's Q2 2026 Portfolio in Review
As of Q2 2026, Joel Greenblatt held 1,921 positions worth $43B, up 32% from $32.7B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Joel Greenblatt deployed $5.85B of net new capital in Q2 2026, opening 172 new positions and adding to 854 existing holdings. Its largest new stake was On Holding: 754,800 shares worth $26.7M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Western Digital, an estimated $97.7M trimmed.
- Joel Greenblatt's largest Q2 2026 buy was On Holding: 754,800 shares worth $26.7M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $1.73B increase.
- Joel Greenblatt's biggest Q2 2026 reduction was Western Digital, cutting an estimated $97.7M.
- Joel Greenblatt fully exited Masimo in Q2 2026, selling an estimated $60.7M.
- Joel Greenblatt's ten largest holdings make up 28% of its $43B portfolio in Q2 2026.
- Joel Greenblatt opened 172 new positions and closed 130 in Q2 2026.
- Joel Greenblatt's portfolio value rose 32% quarter-over-quarter to $43B.
Based on Gotham Asset Management's 13F filing for Q2 2026, filed 14 Aug 2026.