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 |
Johnson & Johnson
JNJ
|
+$81.8M |
| 2 |
NCR Voyix
VYX
|
+$79.9M |
| 3 |
General Dynamics
GD
|
+$74.8M |
| 4 |
Jacobs Solutions
J
|
+$69.8M |
| 5 |
Stanley Black & Decker
SWK
|
+$64.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Oracle
ORCL
|
+$56.8M |
| 2 |
Illinois Tool Works
ITW
|
+$55M |
| 3 |
RAD
Rite Aid Corporation
RAD
|
+$51.9M |
| 4 |
NVR
NVR
|
+$51.6M |
| 5 |
Dick's Sporting Goods
DKS
|
+$51.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 22.47% |
| 2 | Technology | 20.39% |
| 3 | Consumer Discretionary | 18.93% |
| 4 | Consumer Staples | 12.29% |
| 5 | Healthcare | 10.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Warner Bros
WBD
$71.6B
| $47.5M | 0.38% |
+1,379,476
| New | +$47.8M |
|
77
Lands' End
LE
$375M
| $47.2M | 0.38% |
874,265
+274,515
| +46% | +$12.9M |
|
78
Rockwell Automation
ROK
$48.5B
| $46.8M | 0.38% |
420,712
+254,024
| +152% | +$27.9M |
|
79
AutoNation
AN
$6.6B
| $46.5M | 0.38% |
770,412
+732,524
| +1,933% | +$41M |
|
80
Spectrum Brands
SPB
$2B
| $46.1M | 0.37% |
+481,342
| New | +$43.8M |
|
|
TUP
81
DELISTED
Tupperware Brands Corporation
TUP
| $45.6M | 0.37% |
723,872
+241,287
| +50% | +$15.8M |
|
82
Waste Management
WM
$89.6B
| $45.6M | 0.37% |
888,421
+267,101
| +43% | +$13M |
|
83
Western Digital
WDC
$166B
| $45.4M | 0.37% |
543,131
+431,634
| +387% | +$32.6M |
|
84
Corning
GLW
$129B
| $45.3M | 0.37% |
+1,974,880
| New | +$40.2M |
|
85
Xerox
XRX
$381M
| $45M | 0.36% |
1,233,161
+966,989
| +363% | +$34.1M |
|
86
Flowserve
FLS
$10.1B
| $44.7M | 0.36% |
747,674
+734,182
| +5,442% | +$46.7M |
|
87
Keurig Dr Pepper
KDP
$43.6B
| $44.6M | 0.36% |
622,268
-379,256
| -38% | -$26.3M |
|
88
Pfizer
PFE
$160B
| $44.3M | 0.36% |
1,497,679
-212,006
| -12% | -$6.08M |
|
89
Lumen
LUMN
$6.13B
| $44.2M | 0.36% |
1,116,920
+1,040,524
| +1,362% | +$41.6M |
|
90
Target
TGT
$75.1B
| $44.1M | 0.36% |
580,634
+224,387
| +63% | +$15.1M |
|
|
LCI
91
DELISTED
Lannett Company, Inc.
LCI
| $44M | 0.36% |
256,507
+180,671
| +238% | +$33.5M |
|
92
IQVIA
IQV
$42.8B
| $44M | 0.36% |
747,251
+269,644
| +56% | +$15.4M |
|
93
Crane NXT
CXT
$2.89B
| $43.9M | 0.36% |
2,153,843
+1,777,454
| +472% | +$36.8M |
|
94
Travel + Leisure Co
TNL
$4.39B
| $43.4M | 0.35% |
1,120,263
+958,592
| +593% | +$34.7M |
|
|
TW
95
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $43.3M | 0.35% |
382,168
-264,237
| -41% | -$29.1M |
|
|
DST
96
DELISTED
DST Systems Inc.
DST
| $42.7M | 0.35% |
906,064
-174,264
| -16% | -$8.16M |
|
97
Cintas
CTAS
$81.6B
| $42.4M | 0.34% |
2,163,912
-98,936
| -4% | -$1.79M |
|
98
AT&T
T
$173B
| $42.4M | 0.34% |
+1,670,696
| New | +$43.3M |
|
99
Bausch Health
BHC
$2.41B
| $42.3M | 0.34% |
+295,632
| New | +$39.8M |
|
100
Eaton
ETN
$163B
| $42.2M | 0.34% |
620,276
+568,381
| +1,095% | +$37.5M |
|
Similar funds
Joel Greenblatt's Q4 2014 Portfolio in Review
As of Q4 2014, Joel Greenblatt held 1,167 positions worth $12.4B, up 23% from $10.1B the previous quarter. Its ten largest holdings account for 7.2% of the portfolio.
Joel Greenblatt deployed $1.67B of net new capital in Q4 2014, opening 197 new positions and adding to 380 existing holdings. Its largest new stake was Jacobs Solutions: 1,831,169 shares worth $67.7M.
By sector, the portfolio is most concentrated in Industrials at 22% of assets, up from 21% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Oracle, an estimated $56.8M trimmed.
- Joel Greenblatt's largest Q4 2014 buy was Jacobs Solutions: 1,831,169 shares worth $67.7M.
- Joel Greenblatt added most to Johnson & Johnson in Q4 2014, an estimated $81.8M increase.
- Joel Greenblatt's biggest Q4 2014 reduction was Oracle, cutting an estimated $56.8M.
- Joel Greenblatt fully exited TYCO INTL PLC COM SHS (IRL) in Q4 2014, selling an estimated $42.2M.
- Joel Greenblatt's ten largest holdings make up 7.2% of its $12.4B portfolio in Q4 2014.
- Joel Greenblatt opened 197 new positions and closed 231 in Q4 2014.
- Joel Greenblatt's portfolio value rose 23% quarter-over-quarter to $12.4B.
Based on Gotham Asset Management's 13F filing for Q4 2014, filed 17 Feb 2015.