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 |
BILL Holdings
BILL
|
+$41.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$35.9M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$35.8M |
| 4 |
PayPal
PYPL
|
+$17.4M |
| 5 |
NATI
National Instruments Corp
NATI
|
+$12.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pfizer
PFE
|
+$14M |
| 2 |
Lam Research
LRCX
|
+$12.7M |
| 3 |
Meta Platforms (Facebook)
META
|
+$9.54M |
| 4 |
VMW
VMware, Inc
VMW
|
+$9.3M |
| 5 |
Valvoline
VVV
|
+$9.03M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.4% |
| 2 | Industrials | 12.68% |
| 3 | Consumer Discretionary | 10.55% |
| 4 | Healthcare | 8.73% |
| 5 | Financials | 6.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
Winnebago Industries
WGO
$898M
| $619K | 0.01% |
8,492
-598
| -7% | -$38.4K |
|
927
Installed Building Products
IBP
$6.56B
| $618K | 0.01% |
3,381
-3,860
| -53% | -$542K |
|
928
Zscaler
ZS
$29.4B
| $617K | 0.01% |
2,785
-2,478
| -47% | -$459K |
|
929
Atlassian
TEAM
$43.5B
| $616K | 0.01% |
2,589
-9,247
| -78% | -$1.82M |
|
930
MGIC Investment
MTG
$6.34B
| $615K | 0.01% |
31,879
-20,431
| -39% | -$362K |
|
931
Toll Brothers
TOL
$13.7B
| $614K | 0.01% |
5,970
+516
| +9% | +$43K |
|
|
CCRN
932
DELISTED
Cross Country Healthcare
CCRN
| $611K | 0.01% |
26,968
-20,929
| -44% | -$454K |
|
933
IPG Photonics
IPGP
$3.12B
| $610K | 0.01% |
5,619
-830
| -13% | -$80.4K |
|
934
Clorox
CLX
$12.9B
| $610K | 0.01% |
4,276
-31,663
| -88% | -$4.22M |
|
935
Enphase Energy
ENPH
$5.1B
| $609K | 0.01% |
4,608
+1,302
| +39% | +$138K |
|
936
Simply Good Foods
SMPL
$962M
| $601K | 0.01% |
15,183
+3,511
| +30% | +$131K |
|
937
Exelon
EXC
$45.1B
| $590K | 0.01% |
16,435
-75,243
| -82% | -$2.9M |
|
938
ArcBest
ARCB
$3.14B
| $588K | 0.01% |
4,892
-1,245
| -20% | -$138K |
|
939
Enovix
ENVX
$742M
| $583K | 0.01% |
+53,199
| New | +$522K |
|
940
Sabre
SABR
$848M
| $582K | 0.01% |
132,177
+42,099
| +47% | +$163K |
|
941
ON Semiconductor
ON
$28.9B
| $581K | 0.01% |
6,958
-44,776
| -87% | -$3.52M |
|
|
CALY
942
Callaway Golf Company
CALY
$2.84B
| $581K | 0.01% |
+40,516
| New | +$520K |
|
|
GTM
943
ZoomInfo Technologies
GTM
$1.16B
| $581K | 0.01% |
31,409
-74,574
| -70% | -$1.17M |
|
|
SRC
944
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $580K | 0.01% |
13,280
+3,230
| +32% | +$125K |
|
945
BJs Wholesale Club
BJ
$12.3B
| $575K | 0.01% |
8,633
-3,629
| -30% | -$246K |
|
|
FITB
946
Fifth Third Bancorp
FITB
$49.7B
| $575K | 0.01% |
16,674
+568
| +4% | +$15.8K |
|
947
Corcept Therapeutics
CORT
$13.2B
| $574K | 0.01% |
17,663
-73
| -0.4% | -$2K |
|
948
John B. Sanfilippo & Son
JBSS
$862M
| $573K | 0.01% |
5,558
-1,148
| -17% | -$113K |
|
949
American States Water
AWR
$3.51B
| $567K | 0.01% |
7,050
-5,310
| -43% | -$425K |
|
950
Darden Restaurants
DRI
$25.2B
| $564K | 0.01% |
3,432
-3,679
| -52% | -$557K |
|
Similar funds
Joel Greenblatt's Q4 2023 Portfolio in Review
As of Q4 2023, Joel Greenblatt held 1,470 positions worth $5.39B, up 11% from $4.84B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Joel Greenblatt's Q4 2023 filing shows 157 new, 492 increased, 650 reduced and 145 closed positions. Its largest new stake was Fidelity Fundamental Small-Mid Cap ETF: 457,078 shares worth $4.99M. The largest sale was Pfizer, an estimated $14M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
- Joel Greenblatt's largest Q4 2023 buy was Fidelity Fundamental Small-Mid Cap ETF: 457,078 shares worth $4.99M.
- Joel Greenblatt added most to BILL Holdings in Q4 2023, an estimated $41.5M increase.
- Joel Greenblatt's biggest Q4 2023 reduction was Pfizer, cutting an estimated $14M.
- Joel Greenblatt fully exited VMware, Inc in Q4 2023, selling an estimated $9.3M.
- Joel Greenblatt's ten largest holdings make up 24% of its $5.39B portfolio in Q4 2023.
- Joel Greenblatt opened 157 new positions and closed 145 in Q4 2023.
- Joel Greenblatt's portfolio value rose 11% quarter-over-quarter to $5.39B.
Based on Gotham Asset Management's 13F filing for Q4 2023, filed 14 Feb 2024.