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
|
+$123M |
| 2 |
NVIDIA
NVDA
|
+$47.4M |
| 3 |
ANSS
Ansys
ANSS
|
+$21.2M |
| 4 |
Gotham Enhanced 500 ETF
GSPY
|
+$20.9M |
| 5 |
Lincoln Electric
LECO
|
+$20.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$10.9M |
| 2 |
Duke Energy
DUK
|
+$10.2M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$9.29M |
| 4 |
MRSH
Marsh
MRSH
|
+$8.62M |
| 5 |
Incyte
INCY
|
+$7.89M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.91% |
| 2 | Industrials | 12.24% |
| 3 | Consumer Discretionary | 10.35% |
| 4 | Healthcare | 8.92% |
| 5 | Financials | 6.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
Mueller Water Products
MWA
$3.93B
| $1.13M | 0.01% |
63,225
+33,073
| +110% | +$569K |
|
852
Ormat Technologies
ORA
$6.48B
| $1.13M | 0.01% |
15,735
+8,977
| +133% | +$624K |
|
853
Range Resources
RRC
$9.64B
| $1.13M | 0.01% |
33,614
+21,817
| +185% | +$784K |
|
854
CGI
GIB
$15.5B
| $1.12M | 0.01% |
11,262
+5,679
| +102% | +$584K |
|
855
Gates Industrial Corp
GTES
$6.59B
| $1.12M | 0.01% |
70,728
-26,407
| -27% | -$448K |
|
856
Fabrinet
FN
$15.1B
| $1.11M | 0.01% |
4,547
-3,131
| -41% | -$664K |
|
857
IDEX
IEX
$17.2B
| $1.11M | 0.01% |
5,517
+4,599
| +501% | +$1M |
|
858
Carter's
CRI
$1.26B
| $1.11M | 0.01% |
17,909
-4,753
| -21% | -$330K |
|
859
Amphastar Pharmaceuticals
AMPH
$915M
| $1.11M | 0.01% |
27,675
-1,206
| -4% | -$50K |
|
860
Ashland
ASH
$3.38B
| $1.1M | 0.01% |
11,691
+1,207
| +12% | +$117K |
|
861
Certara
CERT
$1.21B
| $1.1M | 0.01% |
79,578
-119,751
| -60% | -$1.97M |
|
862
Weyerhaeuser
WY
$17.6B
| $1.1M | 0.01% |
38,755
-4,668
| -11% | -$144K |
|
863
Vanguard Russell 1000 Value ETF
VONV
$22B
| $1.1M | 0.01% |
14,366
| – | – |
|
864
Edwards Lifesciences
EW
$52.2B
| $1.1M | 0.01% |
11,858
+30
| +0.3% | +$2.66K |
|
865
F&G Annuities & Life
FG
$3.03B
| $1.09M | 0.01% |
28,622
+1,990
| +7% | +$78K |
|
866
Suncor Energy
SU
$78.8B
| $1.09M | 0.01% |
+28,510
| New | +$1.1M |
|
867
Hartford Total Return Bond ETF
HTRB
$2.23B
| $1.08M | 0.01% |
32,322
+2,313
| +8% | +$77.1K |
|
868
Clear Secure
YOU
$4.6B
| $1.08M | 0.01% |
57,618
+46,037
| +398% | +$833K |
|
869
Primoris Services
PRIM
$4.04B
| $1.08M | 0.01% |
+21,575
| New | +$1.07M |
|
|
SCS
870
DELISTED
Steelcase
SCS
| $1.07M | 0.01% |
82,769
-725
| -0.9% | -$9.23K |
|
871
Armstrong World Industries
AWI
$7.53B
| $1.07M | 0.01% |
9,463
+7,058
| +293% | +$819K |
|
872
Omnicell
OMCL
$1.58B
| $1.06M | 0.01% |
39,313
+26,182
| +199% | +$758K |
|
873
Kaiser Aluminum
KALU
$2.49B
| $1.06M | 0.01% |
+12,063
| New | +$1.12M |
|
874
Jefferies Financial Group
JEF
$12B
| $1.06M | 0.01% |
21,303
-311
| -1% | -$14K |
|
875
Sempra
SRE
$55.3B
| $1.06M | 0.01% |
13,936
+4,912
| +54% | +$363K |
|
Similar funds
Joel Greenblatt's Q2 2024 Portfolio in Review
As of Q2 2024, Joel Greenblatt held 1,531 positions worth $7.72B, up 17% from $6.62B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.17B of net new capital in Q2 2024, opening 165 new positions and adding to 726 existing holdings. Its largest new stake was monday.com: 92,920 shares worth $22.4M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Honeywell, an estimated $10.9M trimmed.
- Joel Greenblatt's largest Q2 2024 buy was monday.com: 92,920 shares worth $22.4M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $123M increase.
- Joel Greenblatt's biggest Q2 2024 reduction was Honeywell, cutting an estimated $10.9M.
- Joel Greenblatt fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $9.29M.
- Joel Greenblatt's ten largest holdings make up 25% of its $7.72B portfolio in Q2 2024.
- Joel Greenblatt opened 165 new positions and closed 124 in Q2 2024.
- Joel Greenblatt's portfolio value rose 17% quarter-over-quarter to $7.72B.
Based on Gotham Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.