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
|
+$66.1M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$25M |
| 3 |
PPL
PPL Corp
PPL
|
+$13.6M |
| 4 |
eBay
EBAY
|
+$9.93M |
| 5 |
Marathon Petroleum
MPC
|
+$9.36M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FedEx
FDX
|
+$8.58M |
| 2 |
United Rentals
URI
|
+$8.1M |
| 3 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$8.05M |
| 4 |
Honeywell
HON
|
+$6.98M |
| 5 |
Howmet Aerospace
HWM
|
+$6.59M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.95% |
| 2 | Healthcare | 13.87% |
| 3 | Consumer Discretionary | 13.13% |
| 4 | Industrials | 11.7% |
| 5 | Consumer Staples | 7.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
826
Centene
CNC
$32.1B
| $302K | 0.01% |
+4,848
| New | +$324K |
|
827
e.l.f. Beauty
ELF
$6.02B
| $302K | 0.01% |
10,400
-1,914
| -16% | -$54.8K |
|
828
Annaly Capital Management
NLY
$17.5B
| $301K | 0.01% |
8,943
+88
| +1% | +$3.03K |
|
829
Vir Biotechnology
VIR
$1.65B
| $301K | 0.01% |
+6,927
| New | +$300K |
|
830
ACI Worldwide
ACIW
$5.24B
| $300K | 0.01% |
9,776
+1,052
| +12% | +$34.9K |
|
831
FMC
FMC
$1.38B
| $300K | 0.01% |
3,276
+1,133
| +53% | +$112K |
|
832
Martin Marietta Materials
MLM
$32.1B
| $299K | 0.01% |
876
-1,859
| -68% | -$676K |
|
833
Tradeweb Markets
TW
$22.6B
| $299K | 0.01% |
3,705
+958
| +35% | +$82.6K |
|
834
Opendoor
OPEN
$3.43B
| $298K | 0.01% |
+14,984
| New | +$242K |
|
835
ConocoPhillips
COP
$162B
| $297K | 0.01% |
4,385
-13,371
| -75% | -$772K |
|
836
Agilysys
AGYS
$3.21B
| $296K | 0.01% |
+5,650
| New | +$309K |
|
837
National Beverage
FIZZ
$3.03B
| $295K | 0.01% |
5,628
+53
| +1% | +$2.47K |
|
838
NOV
NOV
$7.28B
| $295K | 0.01% |
22,519
-113,054
| -83% | -$1.53M |
|
839
Helmerich & Payne
HP
$4.35B
| $294K | 0.01% |
10,744
-599
| -5% | -$16.7K |
|
840
Hubbell
HUBB
$24.8B
| $294K | 0.01% |
+1,630
| New | +$318K |
|
841
Lennar Class A
LEN
$21B
| $294K | 0.01% |
3,237
-671
| -17% | -$66.4K |
|
842
Emcor
EME
$34.3B
| $293K | 0.01% |
2,541
-4,940
| -66% | -$592K |
|
843
Organogenesis Holdings
ORGO
$232M
| $293K | 0.01% |
+20,544
| New | +$319K |
|
844
Synchrony
SYF
$25.9B
| $292K | 0.01% |
5,980
-25,799
| -81% | -$1.25M |
|
845
WillScot Mobile Mini Holdings
WSC
$4.01B
| $291K | 0.01% |
+9,161
| New | +$265K |
|
|
WBT
846
DELISTED
Welbilt, Inc.
WBT
| $290K | 0.01% |
12,476
+2,691
| +28% | +$63.3K |
|
847
Prosperity Bancshares
PB
$8.75B
| $288K | 0.01% |
+4,046
| New | +$280K |
|
848
WEC Energy
WEC
$34.5B
| $288K | 0.01% |
+3,269
| New | +$307K |
|
849
Chipotle Mexican Grill
CMG
$46.7B
| $285K | 0.01% |
+7,850
| New | +$286K |
|
850
Keurig Dr Pepper
KDP
$43.6B
| $284K | 0.01% |
8,318
-5,167
| -38% | -$181K |
|
Similar funds
Joel Greenblatt's Q3 2021 Portfolio in Review
As of Q3 2021, Joel Greenblatt held 1,165 positions worth $2.47B, up 4.5% from $2.36B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Joel Greenblatt deployed $147M of net new capital in Q3 2021, opening 183 new positions and adding to 380 existing holdings. Its largest new stake was Gotham Enhanced 500 ETF: 2,782,209 shares worth $64.4M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 22% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was FedEx, an estimated $8.58M trimmed.
- Joel Greenblatt's largest Q3 2021 buy was Gotham Enhanced 500 ETF: 2,782,209 shares worth $64.4M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q3 2021, an estimated $25M increase.
- Joel Greenblatt's biggest Q3 2021 reduction was FedEx, cutting an estimated $8.58M.
- Joel Greenblatt fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $8.05M.
- Joel Greenblatt's ten largest holdings make up 16% of its $2.47B portfolio in Q3 2021.
- Joel Greenblatt opened 183 new positions and closed 160 in Q3 2021.
- Joel Greenblatt's portfolio value rose 4.5% quarter-over-quarter to $2.47B.
Based on Gotham Asset Management's 13F filing for Q3 2021, filed 15 Nov 2021.