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
|
+$1.73B |
| 2 |
NewMarket
NEU
|
+$67.2M |
| 3 |
Gen Digital
GEN
|
+$66.9M |
| 4 |
General Mills
GIS
|
+$63.7M |
| 5 |
Humana
HUM
|
+$63M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Western Digital
WDC
|
+$97.7M |
| 2 |
Micron Technology
MU
|
+$88M |
| 3 |
MASI
Masimo
MASI
|
+$60.7M |
| 4 |
SNDK
Sandisk
SNDK
|
+$55.1M |
| 5 |
Crown Holdings
CCK
|
+$46.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.32% |
| 2 | Industrials | 11.66% |
| 3 | Consumer Discretionary | 9.38% |
| 4 | Healthcare | 7.34% |
| 5 | Financials | 4.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Thermo Fisher Scientific
TMO
$233B
| $69.9M | 0.16% |
139,499
+37,434
| +37% | +$18M |
|
77
General Dynamics
GD
$104B
| $69.5M | 0.16% |
196,280
+56,257
| +40% | +$19.3M |
|
78
AST SpaceMobile
ASTS
$20.6B
| $69.5M | 0.16% |
782,446
+2,229
| +0.3% | +$194K |
|
79
Viatris
VTRS
$18.7B
| $69.5M | 0.16% |
4,374,683
-125,669
| -3% | -$1.95M |
|
80
NetApp
NTAP
$37.7B
| $69.3M | 0.16% |
447,954
-165,690
| -27% | -$21.7M |
|
81
Automatic Data Processing
ADP
$112B
| $69.2M | 0.16% |
309,165
+143,491
| +87% | +$30.7M |
|
82
Planet Fitness
PLNT
$4.09B
| $68.8M | 0.16% |
1,318,390
+975,605
| +285% | +$57.2M |
|
83
Merck
MRK
$376B
| $68M | 0.16% |
528,937
+22,386
| +4% | +$2.62M |
|
84
Valero Energy
VLO
$100B
| $67.8M | 0.16% |
260,471
+44,690
| +21% | +$11M |
|
85
Timken Company
TKR
$8.67B
| $67.2M | 0.16% |
462,639
+38,391
| +9% | +$4.62M |
|
86
Littelfuse
LFUS
$10.5B
| $67M | 0.16% |
147,110
+2,560
| +2% | +$1.11M |
|
87
F5
FFIV
$21.8B
| $66.8M | 0.16% |
160,688
-1,541
| -0.9% | -$548K |
|
88
PayPal
PYPL
$52.7B
| $66.4M | 0.15% |
1,538,078
+218,036
| +17% | +$9.92M |
|
89
Element Solutions
ESI
$8.6B
| $65.8M | 0.15% |
1,378,062
+75,370
| +6% | +$3.13M |
|
90
ON Semiconductor
ON
$28.9B
| $65.8M | 0.15% |
695,708
-139,394
| -17% | -$14.3M |
|
91
Verisk Analytics
VRSK
$24.4B
| $65.6M | 0.15% |
365,407
+140,823
| +63% | +$24.8M |
|
92
Regeneron Pharmaceuticals
REGN
$85.9B
| $65.6M | 0.15% |
105,165
+22,319
| +27% | +$15.2M |
|
93
Alphabet (Google) Class C
GOOG
$4.18T
| $65.5M | 0.15% |
185,492
-928
| -0.5% | -$332K |
|
94
Evergy
EVRG
$18.7B
| $64.9M | 0.15% |
751,305
+32,635
| +5% | +$2.7M |
|
95
Ventas
VTR
$47.7B
| $64.7M | 0.15% |
728,429
+90,876
| +14% | +$7.75M |
|
96
Weatherford International
WFRD
$6.49B
| $64.4M | 0.15% |
789,624
-14,989
| -2% | -$1.52M |
|
97
Host Hotels & Resorts
HST
$15.9B
| $64.3M | 0.15% |
2,712,345
+137,970
| +5% | +$3.08M |
|
98
Carpenter Technology
CRS
$24.4B
| $64.3M | 0.15% |
104,168
+18,580
| +22% | +$8.75M |
|
99
Owens Corning
OC
$11.7B
| $63.7M | 0.15% |
400,722
-109,649
| -21% | -$13.3M |
|
100
Macy's
M
$6B
| $63.6M | 0.15% |
2,700,406
+1,332,223
| +97% | +$27.9M |
|
Similar funds
Joel Greenblatt's Q2 2026 Portfolio in Review
As of Q2 2026, Joel Greenblatt held 1,921 positions worth $43B, up 32% from $32.7B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Joel Greenblatt deployed $5.85B of net new capital in Q2 2026, opening 172 new positions and adding to 854 existing holdings. Its largest new stake was On Holding: 754,800 shares worth $26.7M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Western Digital, an estimated $97.7M trimmed.
- Joel Greenblatt's largest Q2 2026 buy was On Holding: 754,800 shares worth $26.7M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $1.73B increase.
- Joel Greenblatt's biggest Q2 2026 reduction was Western Digital, cutting an estimated $97.7M.
- Joel Greenblatt fully exited Masimo in Q2 2026, selling an estimated $60.7M.
- Joel Greenblatt's ten largest holdings make up 28% of its $43B portfolio in Q2 2026.
- Joel Greenblatt opened 172 new positions and closed 130 in Q2 2026.
- Joel Greenblatt's portfolio value rose 32% quarter-over-quarter to $43B.
Based on Gotham Asset Management's 13F filing for Q2 2026, filed 14 Aug 2026.