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
|
+$208M |
| 2 |
NVIDIA
NVDA
|
+$74.8M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$49M |
| 4 |
Merck
MRK
|
+$20.3M |
| 5 |
GE Aerospace
GE
|
+$19.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Celanese
CE
|
+$14.3M |
| 2 |
ExxonMobil
XOM
|
+$11.5M |
| 3 |
APA Corp
APA
|
+$11.5M |
| 4 |
Kenvue
KVUE
|
+$10.7M |
| 5 |
Mattel
MAT
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.43% |
| 2 | Industrials | 11.88% |
| 3 | Consumer Discretionary | 10.29% |
| 4 | Healthcare | 9.07% |
| 5 | Financials | 5.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
Truist Financial
TFC
$61.6B
| $1.19M | 0.01% |
27,804
+2,504
| +10% | +$106K |
|
877
Outfront Media
OUT
$5.25B
| $1.19M | 0.01% |
65,514
-16,461
| -20% | -$261K |
|
878
West Fraser Timber
WFG
$5.46B
| $1.18M | 0.01% |
12,130
+6,750
| +125% | +$578K |
|
879
Supernus Pharmaceuticals
SUPN
$2.67B
| $1.18M | 0.01% |
37,793
+26,742
| +242% | +$835K |
|
880
Hartford Total Return Bond ETF
HTRB
$2.23B
| $1.18M | 0.01% |
33,638
+1,316
| +4% | +$45.4K |
|
881
Mine Safety
MSA
$7.31B
| $1.17M | 0.01% |
6,588
-5,049
| -43% | -$918K |
|
882
Nabors Industries
NBR
$1.37B
| $1.16M | 0.01% |
18,062
+13,006
| +257% | +$1M |
|
883
Array Technologies
ARRY
$722M
| $1.16M | 0.01% |
176,396
+52,190
| +42% | +$429K |
|
884
Tetra Tech
TTEK
$9.47B
| $1.16M | 0.01% |
24,602
+19,342
| +368% | +$861K |
|
885
Napco Security Technologies
NSSC
$1.36B
| $1.15M | 0.01% |
28,388
+6,031
| +27% | +$296K |
|
|
JHG
886
DELISTED
Janus Henderson
JHG
| $1.15M | 0.01% |
30,146
-47
| -0.2% | -$1.7K |
|
887
Unum
UNM
$13.9B
| $1.14M | 0.01% |
19,204
-659
| -3% | -$35.8K |
|
888
SPDR Gold Trust
GLD
$154B
| $1.14M | 0.01% |
4,677
-12
| -0.3% | -$2.75K |
|
889
Hormel Foods
HRL
$13.1B
| $1.13M | 0.01% |
35,624
-197,925
| -85% | -$6.28M |
|
890
Zimmer Biomet
ZBH
$19.3B
| $1.13M | 0.01% |
10,443
-58,608
| -85% | -$6.4M |
|
891
Sphere Entertainment
SPHR
$5.69B
| $1.11M | 0.01% |
25,170
-32,407
| -56% | -$1.39M |
|
892
DigitalOcean
DOCN
$13.6B
| $1.1M | 0.01% |
27,214
-1,054
| -4% | -$37.6K |
|
893
ICF International
ICFI
$1.6B
| $1.1M | 0.01% |
6,582
+1,727
| +36% | +$265K |
|
|
ACLX
894
DELISTED
Arcellx
ACLX
| $1.09M | 0.01% |
13,001
+3,551
| +38% | +$236K |
|
895
ManpowerGroup
MAN
$2.86B
| $1.06M | 0.01% |
14,448
-24,137
| -63% | -$1.73M |
|
896
Jack in the Box
JACK
$331M
| $1.05M | 0.01% |
+22,525
| New | +$1.13M |
|
|
HBI
897
DELISTED
Hanesbrands
HBI
| $1.04M | 0.01% |
141,612
-2,552
| -2% | -$15.3K |
|
898
Tennant Co
TNC
$1.17B
| $1.04M | 0.01% |
10,823
-1,616
| -13% | -$158K |
|
899
Boise Cascade
BCC
$2.88B
| $1.04M | 0.01% |
7,369
-395
| -5% | -$51.5K |
|
900
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $1.03M | 0.01% |
15,644
+2,368
| +18% | +$149K |
|
Similar funds
Joel Greenblatt's Q3 2024 Portfolio in Review
As of Q3 2024, Joel Greenblatt held 1,552 positions worth $9.67B, up 25% from $7.72B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.31B of net new capital in Q3 2024, opening 145 new positions and adding to 741 existing holdings. Its largest new stake was AST SpaceMobile: 520,630 shares worth $13.6M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Celanese, an estimated $14.3M trimmed.
- Joel Greenblatt's largest Q3 2024 buy was AST SpaceMobile: 520,630 shares worth $13.6M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $208M increase.
- Joel Greenblatt's biggest Q3 2024 reduction was Celanese, cutting an estimated $14.3M.
- Joel Greenblatt fully exited Corteva in Q3 2024, selling an estimated $9.36M.
- Joel Greenblatt's ten largest holdings make up 25% of its $9.67B portfolio in Q3 2024.
- Joel Greenblatt opened 145 new positions and closed 150 in Q3 2024.
- Joel Greenblatt's portfolio value rose 25% quarter-over-quarter to $9.67B.
Based on Gotham Asset Management's 13F filing for Q3 2024, filed 14 Nov 2024.