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
|
+$128M |
| 2 |
NVIDIA
NVDA
|
+$27.8M |
| 3 |
Duke Energy
DUK
|
+$18.4M |
| 4 |
MRO
Marathon Oil Corporation
MRO
|
+$13.2M |
| 5 |
Qorvo
QRVO
|
+$11.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Super Micro Computer
SMCI
|
+$15.8M |
| 2 |
J.M. Smucker
SJM
|
+$10.6M |
| 3 |
HOLX
Hologic
HOLX
|
+$10.1M |
| 4 |
SPLK
Splunk Inc
SPLK
|
+$9M |
| 5 |
Emerson Electric
EMR
|
+$8.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.24% |
| 2 | Industrials | 12.84% |
| 3 | Consumer Discretionary | 10.7% |
| 4 | Healthcare | 8.81% |
| 5 | Financials | 6.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CVSA
951
Covista Inc
CVSA
$4.51B
| $685K | 0.01% |
13,318
-1,549
| -10% | -$80.9K |
|
952
Teradata
TDC
$2.58B
| $682K | 0.01% |
17,627
+8,357
| +90% | +$352K |
|
953
Magnolia Oil & Gas
MGY
$6.67B
| $682K | 0.01% |
26,263
-7
| -0% | -$154 |
|
954
Dorman Products
DORM
$3.92B
| $679K | 0.01% |
+7,047
| New | +$607K |
|
|
AVNS
955
DELISTED
Avanos Medical
AVNS
| $677K | 0.01% |
33,988
+17,821
| +110% | +$344K |
|
956
Enphase Energy
ENPH
$5.1B
| $674K | 0.01% |
5,570
+962
| +21% | +$112K |
|
957
Freshpet
FRPT
$3.55B
| $672K | 0.01% |
5,796
+3,394
| +141% | +$328K |
|
958
EyePoint Inc
EYPT
$459M
| $663K | 0.01% |
32,052
+18,893
| +144% | +$468K |
|
959
Boston Properties
BXP
$10.8B
| $661K | 0.01% |
10,121
+4,206
| +71% | +$278K |
|
960
First Industrial Realty Trust
FR
$8.34B
| $657K | 0.01% |
+12,504
| New | +$661K |
|
961
Hawaiian Electric Industries
HE
$1.99B
| $657K | 0.01% |
58,252
-321,883
| -85% | -$4.09M |
|
962
Qiagen
QGEN
$9.1B
| $653K | 0.01% |
14,761
+4,197
| +40% | +$191K |
|
963
Oscar Health
OSCR
$9.89B
| $652K | 0.01% |
43,871
+1,938
| +5% | +$26.5K |
|
964
Post Holdings
POST
$3.65B
| $650K | 0.01% |
6,118
-201
| -3% | -$20.1K |
|
965
Unum
UNM
$13.9B
| $649K | 0.01% |
12,094
+3,029
| +33% | +$148K |
|
966
Sempra
SRE
$54.2B
| $648K | 0.01% |
9,024
+4,666
| +107% | +$334K |
|
967
Otter Tail
OTTR
$3.81B
| $648K | 0.01% |
7,501
-9,331
| -55% | -$811K |
|
968
Ironwood Pharmaceuticals
IRWD
$709M
| $644K | 0.01% |
73,954
+11,903
| +19% | +$144K |
|
|
NSA
969
DELISTED
National Storage Affiliates Trust
NSA
| $639K | 0.01% |
16,314
-4,809
| -23% | -$181K |
|
|
VMEO
970
DELISTED
Vimeo
VMEO
| $636K | 0.01% |
155,595
+25,337
| +19% | +$108K |
|
971
Celsius Holdings
CELH
$8.44B
| $635K | 0.01% |
7,657
-59,044
| -89% | -$4.05M |
|
972
Cenovus Energy
CVE
$60.7B
| $634K | 0.01% |
31,740
-123,231
| -80% | -$2.1M |
|
973
ADMA Biologics
ADMA
$2.2B
| $630K | 0.01% |
95,480
+25,891
| +37% | +$142K |
|
974
Vail Resorts
MTN
$5.45B
| $629K | 0.01% |
2,822
+1,143
| +68% | +$254K |
|
975
PG&E
PCG
$38.8B
| $629K | 0.01% |
37,505
+1,070
| +3% | +$17.9K |
|
Similar funds
Joel Greenblatt's Q1 2024 Portfolio in Review
As of Q1 2024, Joel Greenblatt held 1,490 positions worth $6.62B, up 23% from $5.39B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $697M of net new capital in Q1 2024, opening 166 new positions and adding to 708 existing holdings. Its largest new stake was Qorvo: 104,363 shares worth $12M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Super Micro Computer, an estimated $15.8M trimmed.
- Joel Greenblatt's largest Q1 2024 buy was Qorvo: 104,363 shares worth $12M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $128M increase.
- Joel Greenblatt's biggest Q1 2024 reduction was Super Micro Computer, cutting an estimated $15.8M.
- Joel Greenblatt fully exited Splunk Inc in Q1 2024, selling an estimated $9M.
- Joel Greenblatt's ten largest holdings make up 25% of its $6.62B portfolio in Q1 2024.
- Joel Greenblatt opened 166 new positions and closed 124 in Q1 2024.
- Joel Greenblatt's portfolio value rose 23% quarter-over-quarter to $6.62B.
Based on Gotham Asset Management's 13F filing for Q1 2024, filed 15 May 2024.