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 |
CBI
Chicago Bridge & Iron Nv
CBI
|
+$54.1M |
| 2 |
TW
TOWERS WATSON & CO COM STK CL A (DE)
TW
|
+$42.9M |
| 3 |
Teradata
TDC
|
+$40.2M |
| 4 |
Delta Air Lines
DAL
|
+$39.9M |
| 5 |
Monster Beverage
MNST
|
+$37.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$53.1M |
| 2 |
News Corp Class B
NWS
|
+$33.3M |
| 3 |
SLXP
SALIX PHARMACEUTICALS LTD DEL
SLXP
|
+$31.9M |
| 4 |
C.H. Robinson
CHRW
|
+$30.5M |
| 5 |
IM
Ingram Micro
IM
|
+$26.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 23.69% |
| 2 | Technology | 19.82% |
| 3 | Consumer Discretionary | 19.24% |
| 4 | Consumer Staples | 12.32% |
| 5 | Healthcare | 9.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
901
Labcorp
LH
$27.4B
| $279K | ﹤0.01% |
3,172
-65,787
| -95% | -$5.7M |
|
|
BRSS
902
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $278K | ﹤0.01% |
16,440
+3,423
| +26% | +$54.8K |
|
903
Rambus
RMBS
$9.5B
| $275K | ﹤0.01% |
+19,201
| New | +$237K |
|
904
Malibu Boats
MBUU
$576M
| $270K | ﹤0.01% |
+13,425
| New | +$277K |
|
905
Polaris
PII
$3.67B
| $270K | ﹤0.01% |
2,076
-308
| -13% | -$40.8K |
|
906
Warner Bros
WBD
$72B
| $268K | ﹤0.01% |
+7,055
| New | +$278K |
|
|
TCF
907
DELISTED
TCF Financial Corporation
TCF
| $268K | ﹤0.01% |
16,373
-1,718
| -9% | -$27.5K |
|
908
Bath & Body Works
BBWI
$3.86B
| $263K | ﹤0.01% |
5,541
-39,691
| -88% | -$1.82M |
|
|
FNFG
909
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $263K | ﹤0.01% |
30,082
-768
| -2% | -$6.8K |
|
|
BBOX
910
DELISTED
Black Box Corp
BBOX
| $262K | ﹤0.01% |
+11,196
| New | +$255K |
|
911
Genworth Financial
GNW
$3.74B
| $261K | ﹤0.01% |
15,006
-648
| -4% | -$11.3K |
|
912
White Mountains Insurance
WTM
$5.1B
| $260K | ﹤0.01% |
+427
| New | +$254K |
|
|
SUSQ
913
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $260K | ﹤0.01% |
24,583
+4,056
| +20% | +$42.3K |
|
914
Asbury Automotive
ABG
$3.84B
| $258K | ﹤0.01% |
+3,760
| New | +$232K |
|
915
Patterson-UTI
PTEN
$4.49B
| $258K | ﹤0.01% |
+7,395
| New | +$243K |
|
916
Quest Diagnostics
DGX
$26.9B
| $257K | ﹤0.01% |
4,384
-72,028
| -94% | -$4.22M |
|
917
OSI Systems
OSIS
$3.35B
| $252K | ﹤0.01% |
+3,780
| New | +$226K |
|
|
OMN
918
DELISTED
OMNOVA Solutions Inc.
OMN
| $251K | ﹤0.01% |
27,644
-18,267
| -40% | -$172K |
|
919
Sinclair Inc
SBGI
$1.06B
| $250K | ﹤0.01% |
7,200
-7,200
| -50% | -$209K |
|
920
Stagwell
STGW
$2.13B
| $250K | ﹤0.01% |
+11,644
| New | +$261K |
|
921
Regeneron Pharmaceuticals
REGN
$85B
| $249K | ﹤0.01% |
+881
| New | +$261K |
|
|
KWK
922
DELISTED
QUICKSILVER RESOURCES INC
KWK
| $248K | ﹤0.01% |
92,752
-570,243
| -86% | -$1.55M |
|
923
BGC Group
BGC
$5.58B
| $247K | ﹤0.01% |
51,646
+2,426
| +5% | +$11.2K |
|
|
AFSI
924
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $246K | ﹤0.01% |
11,780
-10,718
| -48% | -$220K |
|
|
ZEP
925
DELISTED
ZEP INC COM STK (DE)
ZEP
| $246K | ﹤0.01% |
13,934
-11,140
| -44% | -$196K |
|
Similar funds
Joel Greenblatt's Q2 2014 Portfolio in Review
As of Q2 2014, Joel Greenblatt held 1,196 positions worth $7.99B, up 20% from $6.64B the previous quarter. Its ten largest holdings account for 6.9% of the portfolio.
Joel Greenblatt deployed $1.17B of net new capital in Q2 2014, opening 202 new positions and adding to 378 existing holdings. Its largest new stake was Chicago Bridge & Iron Nv: 679,782 shares worth $46.4M.
By sector, the portfolio is most concentrated in Industrials at 24% of assets, up from 23% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was C.H. Robinson, an estimated $30.5M trimmed.
- Joel Greenblatt's largest Q2 2014 buy was Chicago Bridge & Iron Nv: 679,782 shares worth $46.4M.
- Joel Greenblatt added most to TOWERS WATSON & CO COM STK CL A (DE) in Q2 2014, an estimated $42.9M increase.
- Joel Greenblatt's biggest Q2 2014 reduction was C.H. Robinson, cutting an estimated $30.5M.
- Joel Greenblatt fully exited State Street SPDR S&P 500 ETF Trust in Q2 2014, selling an estimated $53.1M.
- Joel Greenblatt's ten largest holdings make up 6.9% of its $7.99B portfolio in Q2 2014.
- Joel Greenblatt opened 202 new positions and closed 216 in Q2 2014.
- Joel Greenblatt's portfolio value rose 20% quarter-over-quarter to $7.99B.
Based on Gotham Asset Management's 13F filing for Q2 2014, filed 14 Aug 2014.