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
|
+$44.4M |
| 2 |
Qualcomm
QCOM
|
+$16.8M |
| 3 |
Meta Platforms (Facebook)
META
|
+$15.7M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$15.1M |
| 5 |
Gotham Enhanced 500 ETF
GSPY
|
+$13.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Caterpillar
CAT
|
+$8.65M |
| 2 |
B
Barrick Mining
B
|
+$8.65M |
| 3 |
Coca-Cola
KO
|
+$8.49M |
| 4 |
Walmart Inc
WMT
|
+$8.26M |
| 5 |
Intel
INTC
|
+$8.17M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.32% |
| 2 | Healthcare | 12.14% |
| 3 | Industrials | 10.81% |
| 4 | Consumer Discretionary | 10.41% |
| 5 | Financials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PPL
76
PPL Corp
PPL
$25.9B
| $8.88M | 0.28% |
311,108
-143,409
| -32% | -$4.04M |
|
77
APA Corp
APA
$15.2B
| $8.63M | 0.27% |
208,902
-127,699
| -38% | -$4.46M |
|
78
Applied Materials
AMAT
$391B
| $8.55M | 0.26% |
64,862
-18,453
| -22% | -$2.54M |
|
79
Expeditors International
EXPD
$24.4B
| $8.54M | 0.26% |
82,763
+47,250
| +133% | +$5.21M |
|
80
HP
HPQ
$27.2B
| $8.39M | 0.26% |
231,239
-19,876
| -8% | -$734K |
|
81
Colgate-Palmolive
CL
$72.6B
| $8.21M | 0.25% |
108,283
+11,744
| +12% | +$930K |
|
82
Nucor
NUE
$55.3B
| $8.2M | 0.25% |
55,172
+13,226
| +32% | +$1.62M |
|
83
Seagate
STX
$193B
| $8.19M | 0.25% |
91,071
+25,967
| +40% | +$2.66M |
|
84
Verizon
VZ
$205B
| $8.12M | 0.25% |
159,306
-48,510
| -23% | -$2.57M |
|
85
GE Aerospace
GE
$361B
| $8.08M | 0.25% |
141,762
+132,281
| +1,395% | +$7.89M |
|
86
Paychex
PAYX
$44.3B
| $8.04M | 0.25% |
58,942
-1,000
| -2% | -$123K |
|
87
Automatic Data Processing
ADP
$112B
| $8.02M | 0.25% |
35,228
+2,895
| +9% | +$620K |
|
88
Corning
GLW
$129B
| $7.97M | 0.25% |
215,920
+60,387
| +39% | +$2.36M |
|
89
Bristol-Myers Squibb
BMY
$137B
| $7.83M | 0.24% |
107,249
+7,088
| +7% | +$476K |
|
90
Otis Worldwide
OTIS
$27.2B
| $7.78M | 0.24% |
101,044
+36,989
| +58% | +$2.96M |
|
91
Mastercard
MA
$509B
| $7.76M | 0.24% |
21,722
+3,455
| +19% | +$1.24M |
|
92
Fortinet
FTNT
$113B
| $7.74M | 0.24% |
113,255
+8,350
| +8% | +$519K |
|
93
AbbVie
ABBV
$468B
| $7.72M | 0.24% |
47,630
-8,962
| -16% | -$1.3M |
|
94
Gartner
IT
$12.4B
| $7.71M | 0.24% |
25,926
+4,795
| +23% | +$1.39M |
|
95
General Motors
GM
$77.2B
| $7.68M | 0.24% |
175,577
+32,845
| +23% | +$1.64M |
|
96
Linde
LIN
$225B
| $7.58M | 0.23% |
23,719
-4,573
| -16% | -$1.41M |
|
97
Synopsys
SNPS
$76.2B
| $7.47M | 0.23% |
22,411
+8,179
| +57% | +$2.55M |
|
98
KLA
KLAC
$240B
| $7.47M | 0.23% |
204,020
+102,620
| +101% | +$3.84M |
|
99
O'Reilly Automotive
ORLY
$72.1B
| $7.42M | 0.23% |
162,465
+65,715
| +68% | +$2.94M |
|
|
CERN
100
DELISTED
Cerner Corp
CERN
| $7.37M | 0.23% |
78,715
+30,242
| +62% | +$2.8M |
|
Similar funds
Joel Greenblatt's Q1 2022 Portfolio in Review
As of Q1 2022, Joel Greenblatt held 1,287 positions worth $3.23B, up 4.2% from $3.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Joel Greenblatt deployed $253M of net new capital in Q1 2022, opening 161 new positions and adding to 542 existing holdings. Its largest new stake was iShares Core MSCI Emerging Markets ETF: 260,811 shares worth $14.5M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Industrials.
On the sell side, the largest reduction was Caterpillar, an estimated $8.65M trimmed.
- Joel Greenblatt's largest Q1 2022 buy was iShares Core MSCI Emerging Markets ETF: 260,811 shares worth $14.5M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2022, an estimated $44.4M increase.
- Joel Greenblatt's biggest Q1 2022 reduction was Caterpillar, cutting an estimated $8.65M.
- Joel Greenblatt fully exited Xilinx Inc in Q1 2022, selling an estimated $4.46M.
- Joel Greenblatt's ten largest holdings make up 22% of its $3.23B portfolio in Q1 2022.
- Joel Greenblatt opened 161 new positions and closed 174 in Q1 2022.
- Joel Greenblatt's portfolio value rose 4.2% quarter-over-quarter to $3.23B.
Based on Gotham Asset Management's 13F filing for Q1 2022, filed 16 May 2022.