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
|
+$310M |
| 2 |
General Dynamics
GD
|
+$22.4M |
| 3 |
Gotham 1000 Value ETF
GVLU
|
+$21.7M |
| 4 |
Apple
AAPL
|
+$21.5M |
| 5 |
SLB Ltd
SLB
|
+$16.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MRO
Marathon Oil Corporation
MRO
|
+$24.5M |
| 2 |
NVIDIA
NVDA
|
+$24.3M |
| 3 |
Applovin
APP
|
+$21.5M |
| 4 |
Devon Energy
DVN
|
+$17.5M |
| 5 |
Carvana
CVNA
|
+$11.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.72% |
| 2 | Industrials | 11.59% |
| 3 | Consumer Discretionary | 10.28% |
| 4 | Healthcare | 8.66% |
| 5 | Financials | 6.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
826
Devon Energy
DVN
$53.1B
| $1.35M | 0.01% |
41,350
-464,293
| -92% | -$17.5M |
|
827
Polaris
PII
$3.64B
| $1.35M | 0.01% |
23,480
-44,512
| -65% | -$3.1M |
|
828
Littelfuse
LFUS
$10.2B
| $1.35M | 0.01% |
5,730
-717
| -11% | -$179K |
|
829
Pan American Silver
PAAS
$21.8B
| $1.35M | 0.01% |
66,627
-170,593
| -72% | -$3.82M |
|
830
Alamos Gold
AGI
$15.9B
| $1.33M | 0.01% |
71,992
-42,733
| -37% | -$826K |
|
831
Steel Dynamics
STLD
$33.7B
| $1.32M | 0.01% |
11,585
-1,809
| -14% | -$240K |
|
832
Crown Castle
CCI
$32.2B
| $1.32M | 0.01% |
14,558
-5,473
| -27% | -$572K |
|
833
Vanguard Russell 1000 Growth ETF
VONG
$44.6B
| $1.32M | 0.01% |
12,786
| – | – |
|
834
Vail Resorts
MTN
$5.46B
| $1.3M | 0.01% |
6,933
-12,363
| -64% | -$2.21M |
|
835
Zoetis
ZTS
$31.8B
| $1.3M | 0.01% |
7,973
+4,002
| +101% | +$716K |
|
836
Choice Hotels
CHH
$4.97B
| $1.29M | 0.01% |
9,079
+5,318
| +141% | +$752K |
|
837
Cameco
CCJ
$44.8B
| $1.29M | 0.01% |
25,045
-33,159
| -57% | -$1.81M |
|
838
Sempra
SRE
$54.6B
| $1.29M | 0.01% |
14,663
-136
| -0.9% | -$11.9K |
|
839
Acadia Pharmaceuticals
ACAD
$5.07B
| $1.28M | 0.01% |
69,966
+34,240
| +96% | +$553K |
|
840
CNX Resources
CNX
$5.4B
| $1.28M | 0.01% |
+34,892
| New | +$1.29M |
|
|
JHG
841
DELISTED
Janus Henderson
JHG
| $1.28M | 0.01% |
30,003
-143
| -0.5% | -$6.06K |
|
842
GeneDx Holdings
WGS
$2.55B
| $1.27M | 0.01% |
16,587
+3,109
| +23% | +$217K |
|
843
Coca-Cola Consolidated
COKE
$12.9B
| $1.26M | 0.01% |
10,030
-1,920
| -16% | -$240K |
|
844
LivaNova
LIVN
$4.33B
| $1.26M | 0.01% |
27,219
+18,338
| +206% | +$940K |
|
845
Norfolk Southern
NSC
$79B
| $1.26M | 0.01% |
5,356
+2,343
| +78% | +$596K |
|
846
Granite Construction
GVA
$5.43B
| $1.26M | 0.01% |
14,326
+2,963
| +26% | +$267K |
|
847
Boeing
BA
$166B
| $1.25M | 0.01% |
7,080
-919
| -11% | -$144K |
|
848
United Natural Foods
UNFI
$2.9B
| $1.25M | 0.01% |
+45,812
| New | +$1.06M |
|
849
Southwest Gas
SWX
$6.46B
| $1.25M | 0.01% |
17,669
-6,118
| -26% | -$455K |
|
850
Acushnet Holdings
GOLF
$5.24B
| $1.25M | 0.01% |
17,574
-7,146
| -29% | -$485K |
|
Similar funds
Joel Greenblatt's Q4 2024 Portfolio in Review
As of Q4 2024, Joel Greenblatt held 1,557 positions worth $10.5B, up 9.1% from $9.67B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Joel Greenblatt deployed $892M of net new capital in Q4 2024, opening 155 new positions and adding to 628 existing holdings. Its largest new stake was Talen Energy Corp: 36,437 shares worth $7.34M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was NVIDIA, an estimated $24.3M trimmed.
- Joel Greenblatt's largest Q4 2024 buy was Talen Energy Corp: 36,437 shares worth $7.34M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q4 2024, an estimated $310M increase.
- Joel Greenblatt's biggest Q4 2024 reduction was NVIDIA, cutting an estimated $24.3M.
- Joel Greenblatt fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $24.5M.
- Joel Greenblatt's ten largest holdings make up 27% of its $10.5B portfolio in Q4 2024.
- Joel Greenblatt opened 155 new positions and closed 136 in Q4 2024.
- Joel Greenblatt's portfolio value rose 9.1% quarter-over-quarter to $10.5B.
Based on Gotham Asset Management's 13F filing for Q4 2024, filed 14 Feb 2025.