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
|
+$48.7M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$30.3M |
| 3 |
Exelon
EXC
|
+$17.6M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$17.3M |
| 5 |
PayPal
PYPL
|
+$12.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eaton
ETN
|
+$10.3M |
| 2 |
Advanced Micro Devices
AMD
|
+$7.71M |
| 3 |
CERN
Cerner Corp
CERN
|
+$7.37M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$7.26M |
| 5 |
DTE Energy
DTE
|
+$7.26M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.34% |
| 2 | Healthcare | 11.88% |
| 3 | Industrials | 10.78% |
| 4 | Consumer Discretionary | 9.85% |
| 5 | Financials | 7.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
Axalta
AXTA
$7.75B
| $370K | 0.01% |
16,716
-10,212
| -38% | -$260K |
|
877
ProPetro Holding
PUMP
$1.39B
| $368K | 0.01% |
36,770
+15,762
| +75% | +$207K |
|
878
BOK Financial
BOKF
$8.54B
| $367K | 0.01% |
4,862
+964
| +25% | +$81.3K |
|
879
Sabre
SABR
$848M
| $367K | 0.01% |
62,865
-55,098
| -47% | -$460K |
|
|
AZEK
880
DELISTED
The AZEK Co
AZEK
| $357K | 0.01% |
+21,351
| New | +$438K |
|
881
Cardinal Health
CAH
$53.4B
| $354K | 0.01% |
+6,772
| New | +$385K |
|
882
Westlake Corp
WLK
$10.1B
| $354K | 0.01% |
3,612
-1,306
| -27% | -$160K |
|
883
GlobalFoundries
GFS
$26.4B
| $348K | 0.01% |
8,623
+1,715
| +25% | +$90.6K |
|
884
Lyft
LYFT
$6.61B
| $347K | 0.01% |
26,164
-8,943
| -25% | -$208K |
|
885
Valmont Industries
VMI
$9.38B
| $347K | 0.01% |
1,546
+420
| +37% | +$103K |
|
886
Norwegian Cruise Line
NCLH
$7.92B
| $346K | 0.01% |
+31,151
| New | +$522K |
|
887
Apogee Enterprises
APOG
$868M
| $344K | 0.01% |
8,759
+486
| +6% | +$20.8K |
|
888
Intuitive Surgical
ISRG
$134B
| $343K | 0.01% |
1,709
-1,875
| -52% | -$440K |
|
889
Brink's
BCO
$4.59B
| $339K | 0.01% |
5,587
+1,126
| +25% | +$67.8K |
|
890
Ormat Technologies
ORA
$6.67B
| $338K | 0.01% |
4,320
-881
| -17% | -$69.5K |
|
891
Euronet Worldwide
EEFT
$2.62B
| $337K | 0.01% |
3,351
-1,655
| -33% | -$196K |
|
892
Lennar Class A
LEN
$21B
| $336K | 0.01% |
4,912
+396
| +9% | +$29K |
|
893
White Mountains Insurance
WTM
$5.04B
| $336K | 0.01% |
270
-55
| -17% | -$63.9K |
|
894
Advance Auto Parts
AAP
$2.57B
| $335K | 0.01% |
1,937
-11,875
| -86% | -$2.35M |
|
895
Haemonetics
HAE
$4.95B
| $335K | 0.01% |
+5,144
| New | +$304K |
|
896
Middlesex Water
MSEX
$1.1B
| $335K | 0.01% |
+3,821
| New | +$342K |
|
897
Duke Energy
DUK
$93.4B
| $334K | 0.01% |
3,119
-36
| -1% | -$3.96K |
|
898
Edison International
EIX
$27.5B
| $334K | 0.01% |
+5,283
| New | +$358K |
|
899
Plug Power
PLUG
$3.17B
| $333K | 0.01% |
20,073
-6,883
| -26% | -$137K |
|
900
Cullen/Frost Bankers
CFR
$10.2B
| $332K | 0.01% |
2,848
+793
| +39% | +$101K |
|
Similar funds
Joel Greenblatt's Q2 2022 Portfolio in Review
As of Q2 2022, Joel Greenblatt held 1,290 positions worth $3.11B, down 3.6% from $3.23B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Joel Greenblatt deployed $461M of net new capital in Q2 2022, opening 177 new positions and adding to 577 existing holdings. Its largest new stake was iShares Core S&P 500 ETF: 42,001 shares worth $15.9M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Healthcare and Industrials.
On the sell side, the largest reduction was Eaton, an estimated $10.3M trimmed.
- Joel Greenblatt's largest Q2 2022 buy was iShares Core S&P 500 ETF: 42,001 shares worth $15.9M.
- Joel Greenblatt added most to Gotham Enhanced 500 ETF in Q2 2022, an estimated $48.7M increase.
- Joel Greenblatt's biggest Q2 2022 reduction was Eaton, cutting an estimated $10.3M.
- Joel Greenblatt fully exited Cerner Corp in Q2 2022, selling an estimated $7.37M.
- Joel Greenblatt's ten largest holdings make up 22% of its $3.11B portfolio in Q2 2022.
- Joel Greenblatt opened 177 new positions and closed 186 in Q2 2022.
- Joel Greenblatt's portfolio value fell 3.6% quarter-over-quarter to $3.11B.
Based on Gotham Asset Management's 13F filing for Q2 2022, filed 15 Aug 2022.