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 | |
|---|---|---|---|---|---|---|
876
ESAB
ESAB
$5.09B
| $1.16M | 0.01% |
9,711
-10,243
| -51% | -$1.24M |
|
877
SPS Commerce
SPSC
$2.95B
| $1.16M | 0.01% |
6,312
-39
| -0.6% | -$7.32K |
|
878
Crane NXT
CXT
$2.9B
| $1.16M | 0.01% |
19,930
-11,228
| -36% | -$645K |
|
879
Lantheus
LNTH
$6.54B
| $1.15M | 0.01% |
12,905
+596
| +5% | +$58.1K |
|
880
Edgewell Personal Care
EPC
$1.36B
| $1.14M | 0.01% |
33,846
+12,011
| +55% | +$424K |
|
881
Minerals Technologies
MTX
$2.24B
| $1.14M | 0.01% |
14,917
-6,537
| -30% | -$515K |
|
882
SPDR Gold Trust
GLD
$156B
| $1.14M | 0.01% |
4,691
+14
| +0.3% | +$3.44K |
|
|
PPLI
883
People Inc
PPLI
$2.87B
| $1.13M | 0.01% |
31,991
+12,993
| +68% | +$521K |
|
884
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.59B
| $1.13M | 0.01% |
+11,890
| New | +$1.15M |
|
|
EFOR
885
Everforth Inc
EFOR
$1.35B
| $1.12M | 0.01% |
13,470
+7,393
| +122% | +$675K |
|
886
Hartford Total Return Bond ETF
HTRB
$2.23B
| $1.12M | 0.01% |
33,638
| – | – |
|
887
InterDigital
IDCC
$8.78B
| $1.12M | 0.01% |
5,783
-37,125
| -87% | -$6.49M |
|
|
SMAR
888
DELISTED
Smartsheet Inc.
SMAR
| $1.12M | 0.01% |
19,945
-14,121
| -41% | -$790K |
|
889
ICF International
ICFI
$1.6B
| $1.11M | 0.01% |
9,275
+2,693
| +41% | +$403K |
|
890
Expeditors International
EXPD
$24.6B
| $1.1M | 0.01% |
9,895
-9,815
| -50% | -$1.17M |
|
891
Vanguard Intermediate-Term Treasury ETF
VGIT
$42.4B
| $1.09M | 0.01% |
+18,844
| New | +$1.11M |
|
892
Lumentum
LITE
$71.7B
| $1.08M | 0.01% |
12,903
+2,537
| +24% | +$198K |
|
893
Akamai
AKAM
$15.5B
| $1.08M | 0.01% |
11,285
-2,070
| -15% | -$203K |
|
894
Federal Signal
FSS
$7.48B
| $1.07M | 0.01% |
11,602
-7,714
| -40% | -$709K |
|
895
Trade Desk
TTD
$6.21B
| $1.06M | 0.01% |
9,061
+5,187
| +134% | +$642K |
|
896
Kirby Corp
KEX
$7.35B
| $1.06M | 0.01% |
+10,025
| New | +$1.21M |
|
897
ePlus
PLUS
$2.26B
| $1.06M | 0.01% |
14,302
+6,100
| +74% | +$533K |
|
898
Amphastar Pharmaceuticals
AMPH
$918M
| $1.06M | 0.01% |
28,448
-7,290
| -20% | -$333K |
|
899
Ambarella
AMBA
$3.1B
| $1.06M | 0.01% |
+14,519
| New | +$925K |
|
|
TGNA
900
DELISTED
TEGNA Inc
TGNA
| $1.06M | 0.01% |
57,739
+44,974
| +352% | +$787K |
|
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.