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 |
Qualcomm
QCOM
|
+$10.8M |
| 2 |
Sherwin-Williams
SHW
|
+$9.06M |
| 3 |
L3Harris
LHX
|
+$8.29M |
| 4 |
Thermo Fisher Scientific
TMO
|
+$8.14M |
| 5 |
Ford
F
|
+$8.06M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EOG Resources
EOG
|
+$16.5M |
| 2 |
Intuit
INTU
|
+$15.2M |
| 3 |
Automatic Data Processing
ADP
|
+$12.3M |
| 4 |
Ecolab
ECL
|
+$12M |
| 5 |
PPL
PPL Corp
PPL
|
+$9.85M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.92% |
| 2 | Consumer Discretionary | 16.37% |
| 3 | Industrials | 15.89% |
| 4 | Healthcare | 11.83% |
| 5 | Consumer Staples | 8.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
M/I Homes
MHO
$3.85B
| $201K | 0.01% |
4,530
-24
| -0.5% | -$1.08K |
|
927
Wayfair
W
$13.9B
| $201K | 0.01% |
890
-244
| -22% | -$64.8K |
|
928
Outfront Media
OUT
$5.25B
| $200K | 0.01% |
10,372
-15,777
| -60% | -$267K |
|
|
TPC
929
Tutor Perini Cor
TPC
$4.8B
| $198K | 0.01% |
15,305
-6,089
| -28% | -$82.4K |
|
930
A10 Networks
ATEN
$1.9B
| $196K | 0.01% |
19,896
-231
| -1% | -$1.81K |
|
931
Enviri
NVRI
$582M
| $193K | 0.01% |
10,724
| – | – |
|
932
Arbor Realty Trust
ABR
$968M
| $192K | 0.01% |
+13,557
| New | +$176K |
|
933
Ironwood Pharmaceuticals
IRWD
$709M
| $189K | 0.01% |
16,562
-38,198
| -70% | -$418K |
|
934
Hercules Capital
HTGC
$3.21B
| $188K | 0.01% |
13,017
-115
| -0.9% | -$1.46K |
|
935
Transocean
RIG
$6.61B
| $188K | 0.01% |
81,582
-35,271
| -30% | -$51.9K |
|
936
Equinox Gold
EQX
$15.8B
| $186K | 0.01% |
17,987
-6,109
| -25% | -$66.6K |
|
937
Vanda Pharmaceuticals
VNDA
$319M
| $185K | 0.01% |
14,057
-19,104
| -58% | -$230K |
|
938
Inseego
INSG
$72.1M
| $181K | 0.01% |
+1,169
| New | +$129K |
|
939
Mitek Systems
MITK
$837M
| $178K | 0.01% |
+10,000
| New | +$138K |
|
940
Fossil Group
FOSL
$332M
| $172K | 0.01% |
19,848
+9,462
| +91% | +$79.6K |
|
941
Archrock
AROC
$5.58B
| $171K | 0.01% |
+19,746
| New | +$144K |
|
|
BPYU
942
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $167K | 0.01% |
11,185
-1,866
| -14% | -$28.4K |
|
943
Angi Inc
ANGI
$200M
| $157K | 0.01% |
1,190
-271
| -19% | -$31.4K |
|
|
SAFE
944
Safehold
SAFE
$1.09B
| $157K | 0.01% |
2,167
-1,119
| -34% | -$72.9K |
|
945
Helix Energy Solutions
HLX
$1.53B
| $154K | 0.01% |
36,605
+3,717
| +11% | +$12.4K |
|
|
NPTN
946
DELISTED
NEOPHOTONICS CORP
NPTN
| $149K | ﹤0.01% |
16,342
-9,652
| -37% | -$74.7K |
|
|
VG
947
DELISTED
Vonage Holdings Corporation
VG
| $149K | ﹤0.01% |
11,586
-29,822
| -72% | -$363K |
|
948
Cameco
CCJ
$44.6B
| $148K | ﹤0.01% |
11,016
-9,321
| -46% | -$99.6K |
|
949
Antero Resources
AR
$11.7B
| $140K | ﹤0.01% |
+25,673
| New | +$105K |
|
|
PBCT
950
DELISTED
People's United Financial Inc
PBCT
| $136K | ﹤0.01% |
+10,531
| New | +$127K |
|
Similar funds
Joel Greenblatt's Q4 2020 Portfolio in Review
As of Q4 2020, Joel Greenblatt held 1,145 positions worth $3.02B, down 2.9% from $3.11B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Joel Greenblatt withdrew a net $537M in Q4 2020, closing 161 positions and reducing 608 holdings. Its most notable exit was PPL Corp, an estimated $9.85M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Consumer Discretionary and Industrials.
Against the trend, Joel Greenblatt opened a new position in Sherwin-Williams worth $9.35M.
- Joel Greenblatt's largest Q4 2020 buy was Sherwin-Williams: 38,181 shares worth $9.35M.
- Joel Greenblatt added most to Qualcomm in Q4 2020, an estimated $10.8M increase.
- Joel Greenblatt's biggest Q4 2020 reduction was EOG Resources, cutting an estimated $16.5M.
- Joel Greenblatt fully exited PPL Corp in Q4 2020, selling an estimated $9.85M.
- Joel Greenblatt's ten largest holdings make up 13% of its $3.02B portfolio in Q4 2020.
- Joel Greenblatt opened 134 new positions and closed 161 in Q4 2020.
- Joel Greenblatt's portfolio value fell 2.9% quarter-over-quarter to $3.02B.
Based on Gotham Asset Management's 13F filing for Q4 2020, filed 16 Feb 2021.