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 | |
|---|---|---|---|---|---|---|
901
Lumen
LUMN
$6.13B
| $1.05M | 0.01% |
198,542
+30,269
| +18% | +$209K |
|
|
ESGR
902
DELISTED
Enstar Group
ESGR
| $1.05M | 0.01% |
3,273
+675
| +26% | +$218K |
|
903
International Flavors & Fragrances
IFF
$21.5B
| $1.05M | 0.01% |
12,455
-7,724
| -38% | -$726K |
|
904
Nordson
NDSN
$18.5B
| $1.05M | 0.01% |
5,019
-26,589
| -84% | -$6.57M |
|
905
Canadian Pacific Kansas City
CP
$85B
| $1.05M | 0.01% |
+14,459
| New | +$1.11M |
|
906
Vanguard S&P 500 Growth ETF
VOOG
$26.7B
| $1.04M | 0.01% |
17,124
+8,166
| +91% | +$490K |
|
907
EverQuote
EVER
$889M
| $1.04M | 0.01% |
51,907
+14,196
| +38% | +$268K |
|
908
TransAlta
TAC
$3.86B
| $1.03M | 0.01% |
73,063
+13,112
| +22% | +$150K |
|
909
Dorman Products
DORM
$3.92B
| $1.03M | 0.01% |
7,971
-962
| -11% | -$123K |
|
910
NextEra Energy
NEE
$174B
| $1.03M | 0.01% |
14,401
-296
| -2% | -$23K |
|
911
Option Care Health
OPCH
$3.55B
| $1.03M | 0.01% |
+44,419
| New | +$1.12M |
|
912
Carter's
CRI
$1.31B
| $1.02M | 0.01% |
18,873
-4,790
| -20% | -$274K |
|
913
Boston Scientific
BSX
$73B
| $1.02M | 0.01% |
11,430
+3,475
| +44% | +$306K |
|
914
Global Payments
GPN
$24.7B
| $1.01M | 0.01% |
9,020
-7,865
| -47% | -$860K |
|
915
Tidewater
TDW
$4.74B
| $1.01M | 0.01% |
+18,464
| New | +$1.05M |
|
916
Helen of Troy
HELE
$677M
| $1.01M | 0.01% |
16,858
+12,100
| +254% | +$804K |
|
917
Globe Life
GL
$13.1B
| $1M | 0.01% |
8,997
+668
| +8% | +$72.1K |
|
918
Sensient Technologies
SXT
$5.73B
| $1M | 0.01% |
14,077
+6,450
| +85% | +$497K |
|
919
Ameriprise Financial
AMP
$49.1B
| $1M | 0.01% |
1,884
+180
| +11% | +$96.1K |
|
920
Kinsale Capital Group
KNSL
$8.74B
| $997K | 0.01% |
2,144
+682
| +47% | +$323K |
|
|
LNW
921
DELISTED
Light & Wonder
LNW
| $995K | 0.01% |
11,524
-3,644
| -24% | -$341K |
|
922
Targa Resources
TRGP
$64.1B
| $978K | 0.01% |
5,481
+3,845
| +235% | +$689K |
|
923
Cognex
CGNX
$10.2B
| $974K | 0.01% |
27,175
+4,606
| +20% | +$180K |
|
924
Apogee Enterprises
APOG
$868M
| $973K | 0.01% |
13,630
+1,434
| +12% | +$113K |
|
|
AMTD
925
AMTD IDEA Group
AMTD
$76.3M
| $967K | 0.01% |
46,003
-55,810
| -55% | -$71.1K |
|
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.