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 |
Corning
GLW
|
+$45.4M |
| 2 |
Kroger
KR
|
+$41.1M |
| 3 |
Boston Scientific
BSX
|
+$38M |
| 4 |
Campbell Soup
CPB
|
+$35M |
| 5 |
VF Corp
VFC
|
+$34.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Booking.com
BKNG
|
+$46.8M |
| 2 |
NVIDIA
NVDA
|
+$41.5M |
| 3 |
Philip Morris
PM
|
+$33.6M |
| 4 |
Home Depot
HD
|
+$33.1M |
| 5 |
Altria Group
MO
|
+$30.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 21.9% |
| 2 | Technology | 19.29% |
| 3 | Healthcare | 18.85% |
| 4 | Consumer Discretionary | 15.9% |
| 5 | Consumer Staples | 9.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
Factset
FDS
$10.7B
| $200K | ﹤0.01% |
1,214
-135
| -10% | -$23.6K |
|
927
Hackett Group
HCKT
$276M
| $200K | ﹤0.01% |
10,248
-1,000
| -9% | -$18K |
|
928
Spok Holdings
SPOK
$216M
| $200K | ﹤0.01% |
+10,540
| New | +$204K |
|
|
RP
929
DELISTED
RealPage, Inc.
RP
| $200K | ﹤0.01% |
+5,743
| New | +$188K |
|
930
Brookdale Senior Living
BKD
$2.82B
| $192K | ﹤0.01% |
14,270
-56,859
| -80% | -$803K |
|
931
Celestica
CLS
$37.4B
| $192K | ﹤0.01% |
13,223
-4,236
| -24% | -$56.6K |
|
932
Cemex
CX
$16B
| $184K | ﹤0.01% |
21,056
+7,283
| +53% | +$61.2K |
|
933
America Movil
AMX
$71.3B
| $177K | ﹤0.01% |
12,476
-3
| -0% | -$39 |
|
934
Valley National Bancorp
VLY
$7.82B
| $172K | ﹤0.01% |
+14,557
| New | +$175K |
|
|
TSG
935
DELISTED
The Stars Group Inc.
TSG
| $171K | ﹤0.01% |
+10,068
| New | +$148K |
|
936
Alto Ingredients
ALTO
$340M
| $163K | ﹤0.01% |
23,809
+12,508
| +111% | +$95.2K |
|
|
ISBC
937
DELISTED
Investors Bancorp, Inc.
ISBC
| $163K | ﹤0.01% |
+11,364
| New | +$163K |
|
|
BRCD
938
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $160K | ﹤0.01% |
12,800
-14,007
| -52% | -$174K |
|
939
Entravision Communication
EVC
$745M
| $158K | ﹤0.01% |
+25,454
| New | +$148K |
|
940
CBIZ
CBZ
$2.97B
| $151K | ﹤0.01% |
+11,167
| New | +$150K |
|
941
Barnes & Noble Education
BNED
$418M
| $149K | ﹤0.01% |
155
-78
| -33% | -$79.4K |
|
942
Lantheus
LNTH
$6.53B
| $147K | ﹤0.01% |
11,771
-12,356
| -51% | -$131K |
|
|
TDAY
943
USA Today Co
TDAY
$950M
| $146K | ﹤0.01% |
+10,242
| New | +$156K |
|
|
I
944
DELISTED
INTELSAT S. A.
I
| $145K | ﹤0.01% |
34,869
+5,124
| +17% | +$19.3K |
|
945
Ceco Environmental
CECO
$4.19B
| $135K | ﹤0.01% |
+12,854
| New | +$155K |
|
|
WLL
946
DELISTED
Whiting Petroleum Corporation
WLL
| $131K | ﹤0.01% |
46
+9
| +24% | +$29.1K |
|
947
Corcept Therapeutics
CORT
$13.2B
| $128K | ﹤0.01% |
11,689
-26,321
| -69% | -$231K |
|
948
TETRA Technologies
TTI
$1.06B
| $128K | ﹤0.01% |
+31,411
| New | +$141K |
|
949
Sabesp
SBS
$16.2B
| $124K | ﹤0.01% |
61,249
-294
| -0.5% | -$580 |
|
950
Gran Tierra Energy
GTE
$351M
| $121K | ﹤0.01% |
4,570
-1
| -0% | -$26 |
|
Similar funds
Joel Greenblatt's Q1 2017 Portfolio in Review
As of Q1 2017, Joel Greenblatt held 1,193 positions worth $7.88B, up 1.4% from $7.77B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Joel Greenblatt withdrew a net $245M in Q1 2017, closing 219 positions and reducing 368 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $28.8M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 22% of assets, down from 23% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Joel Greenblatt opened a new position in Kroger worth $38M.
- Joel Greenblatt's largest Q1 2017 buy was Kroger: 1,287,571 shares worth $38M.
- Joel Greenblatt added most to Corning in Q1 2017, an estimated $45.4M increase.
- Joel Greenblatt's biggest Q1 2017 reduction was Booking.com, cutting an estimated $46.8M.
- Joel Greenblatt fully exited State Street SPDR S&P 500 ETF Trust in Q1 2017, selling an estimated $28.8M.
- Joel Greenblatt's ten largest holdings make up 9% of its $7.88B portfolio in Q1 2017.
- Joel Greenblatt opened 269 new positions and closed 219 in Q1 2017.
- Joel Greenblatt's portfolio value rose 1.4% quarter-over-quarter to $7.88B.
Based on Gotham Asset Management's 13F filing for Q1 2017, filed 15 May 2017.