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 |
Corning
GLW
|
+$45.4M |
| 2 |
Kroger
KR
|
+$41.1M |
| 3 |
Boston Scientific
BSX
|
+$38M |
| 4 |
Campbell Soup
CPB
|
+$35M |
| 5 |
VF Corp
VFC
|
+$34.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Booking.com
BKNG
|
+$46.8M |
| 2 |
NVIDIA
NVDA
|
+$41.5M |
| 3 |
Philip Morris
PM
|
+$33.6M |
| 4 |
Home Depot
HD
|
+$33.1M |
| 5 |
Altria Group
MO
|
+$30.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 21.9% |
| 2 | Technology | 19.29% |
| 3 | Healthcare | 18.85% |
| 4 | Consumer Discretionary | 15.9% |
| 5 | Consumer Staples | 9.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
Toronto Dominion Bank
TD
$194B
| $265K | ﹤0.01% |
+5,296
| New | +$271K |
|
|
DENN
877
DELISTED
Denny's
DENN
| $264K | ﹤0.01% |
+21,352
| New | +$265K |
|
878
Tootsie Roll Industries
TR
$3.08B
| $264K | ﹤0.01% |
+9,217
| New | +$264K |
|
879
Zions Bancorporation
ZION
$9.95B
| $263K | ﹤0.01% |
6,253
+462
| +8% | +$20.1K |
|
880
NiSource
NI
$19.5B
| $262K | ﹤0.01% |
+11,024
| New | +$252K |
|
881
Northern Trust
NTRS
$33.6B
| $262K | ﹤0.01% |
+3,026
| New | +$263K |
|
882
Tronox
TROX
$888M
| $262K | ﹤0.01% |
14,176
-109,550
| -89% | -$1.63M |
|
|
ESV
883
DELISTED
Ensco Rowan plc
ESV
| $262K | ﹤0.01% |
7,318
-461,377
| -98% | -$18.7M |
|
|
DCH
884
Dauch Corp
DCH
$1.63B
| $261K | ﹤0.01% |
13,899
-430,244
| -97% | -$8.58M |
|
885
OraSure Technologies
OSUR
$268M
| $261K | ﹤0.01% |
20,210
-30,881
| -60% | -$319K |
|
886
Allison Transmission
ALSN
$11B
| $260K | ﹤0.01% |
+7,214
| New | +$257K |
|
887
American Public Education
APEI
$835M
| $259K | ﹤0.01% |
11,312
-535
| -5% | -$12.4K |
|
|
CSW
888
CSW Industrials
CSW
$5.38B
| $259K | ﹤0.01% |
+7,062
| New | +$258K |
|
889
1-800-Flowers.com
FLWS
$254M
| $259K | ﹤0.01% |
+25,376
| New | +$254K |
|
890
Howard Hughes
HHH
$3.97B
| $259K | ﹤0.01% |
2,315
+351
| +18% | +$37.8K |
|
|
EVER
891
DELISTED
Everbank Financial Corp
EVER
| $256K | ﹤0.01% |
+13,158
| New | +$256K |
|
|
GGP
892
DELISTED
GGP Inc.
GGP
| $256K | ﹤0.01% |
+11,038
| New | +$270K |
|
|
MCRN
893
DELISTED
Milacron Holdings Corp.
MCRN
| $252K | ﹤0.01% |
+13,518
| New | +$245K |
|
894
FS KKR Capital
FSK
$3.29B
| $251K | ﹤0.01% |
6,398
+3,336
| +109% | +$136K |
|
|
SC
895
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $249K | ﹤0.01% |
18,701
+1,603
| +9% | +$22.2K |
|
|
TCF
896
DELISTED
TCF Financial Corporation
TCF
| $246K | ﹤0.01% |
+14,441
| New | +$256K |
|
|
GCI
897
DELISTED
Gannett Co., Inc
GCI
| $244K | ﹤0.01% |
+29,118
| New | +$260K |
|
898
First Horizon
FHN
$11.7B
| $243K | ﹤0.01% |
+13,129
| New | +$258K |
|
899
Weis Markets
WMK
$1.76B
| $243K | ﹤0.01% |
4,067
-7,265
| -64% | -$445K |
|
900
Element Solutions
ESI
$8.6B
| $239K | ﹤0.01% |
+18,388
| New | +$226K |
|
Similar funds
Joel Greenblatt's Q1 2017 Portfolio in Review
As of Q1 2017, Joel Greenblatt held 1,193 positions worth $7.88B, up 1.4% from $7.77B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Joel Greenblatt withdrew a net $245M in Q1 2017, closing 219 positions and reducing 368 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $28.8M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 22% of assets, down from 23% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Joel Greenblatt opened a new position in Kroger worth $38M.
- Joel Greenblatt's largest Q1 2017 buy was Kroger: 1,287,571 shares worth $38M.
- Joel Greenblatt added most to Corning in Q1 2017, an estimated $45.4M increase.
- Joel Greenblatt's biggest Q1 2017 reduction was Booking.com, cutting an estimated $46.8M.
- Joel Greenblatt fully exited State Street SPDR S&P 500 ETF Trust in Q1 2017, selling an estimated $28.8M.
- Joel Greenblatt's ten largest holdings make up 9% of its $7.88B portfolio in Q1 2017.
- Joel Greenblatt opened 269 new positions and closed 219 in Q1 2017.
- Joel Greenblatt's portfolio value rose 1.4% quarter-over-quarter to $7.88B.
Based on Gotham Asset Management's 13F filing for Q1 2017, filed 15 May 2017.