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 |
Snowflake
SNOW
|
+$70.2M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$41.9M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$39.1M |
| 4 |
Adobe
ADBE
|
+$12.8M |
| 5 |
Centene
CNC
|
+$9.87M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PayPal
PYPL
|
+$12.1M |
| 2 |
Intuit
INTU
|
+$10.8M |
| 3 |
Oracle
ORCL
|
+$7.36M |
| 4 |
Marathon Petroleum
MPC
|
+$6.57M |
| 5 |
TJX Companies
TJX
|
+$6.47M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.15% |
| 2 | Healthcare | 12.06% |
| 3 | Industrials | 10.55% |
| 4 | Consumer Discretionary | 9.54% |
| 5 | Financials | 7.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
976
BioCryst Pharmaceuticals
BCRX
$2.44B
| $303K | 0.01% |
+24,034
| New | +$309K |
|
977
The Ensign Group
ENSG
$10.5B
| $301K | 0.01% |
+3,783
| New | +$313K |
|
|
CPE
978
DELISTED
Callon Petroleum Company
CPE
| $300K | 0.01% |
8,577
+206
| +2% | +$8.23K |
|
979
Alkermes
ALKS
$8.11B
| $299K | 0.01% |
13,395
-10,793
| -45% | -$281K |
|
980
MGIC Investment
MTG
$6.34B
| $297K | 0.01% |
23,195
+11,735
| +102% | +$164K |
|
981
Rexford Industrial Realty
REXR
$8.3B
| $297K | 0.01% |
5,706
-58
| -1% | -$3.59K |
|
982
Stem
STEM
$54.9M
| $297K | 0.01% |
+1,114
| New | +$285K |
|
983
FS KKR Capital
FSK
$3.29B
| $296K | 0.01% |
17,489
+1,654
| +10% | +$34.5K |
|
984
East-West Bancorp
EWBC
$17.8B
| $295K | 0.01% |
4,388
+36
| +0.8% | +$2.56K |
|
985
Thryv Holdings
THRY
$92.4M
| $295K | 0.01% |
+12,943
| New | +$323K |
|
986
Middlesex Water
MSEX
$1.1B
| $294K | 0.01% |
3,805
-16
| -0.4% | -$1.43K |
|
987
Ryan Specialty Holdings
RYAN
$11.1B
| $294K | 0.01% |
7,226
-3,369
| -32% | -$142K |
|
|
PRFT
988
DELISTED
Perficient Inc
PRFT
| $294K | 0.01% |
4,522
+1,053
| +30% | +$87.9K |
|
989
Coty
COTY
$2.41B
| $293K | 0.01% |
46,361
-8,226
| -15% | -$62.2K |
|
990
EPAM Systems
EPAM
$5.69B
| $292K | 0.01% |
805
+13
| +2% | +$4.97K |
|
991
Toronto Dominion Bank
TD
$194B
| $292K | 0.01% |
+4,757
| New | +$308K |
|
992
Brunswick
BC
$5.24B
| $289K | 0.01% |
4,412
+29
| +0.7% | +$2.18K |
|
993
Rayonier
RYN
$6.31B
| $289K | 0.01% |
+10,624
| New | +$343K |
|
|
DNB
994
DELISTED
Dun & Bradstreet
DNB
| $288K | 0.01% |
+23,270
| New | +$345K |
|
995
Vertiv
VRT
$101B
| $285K | 0.01% |
29,342
+13,174
| +81% | +$148K |
|
996
Sprout Social
SPT
$607M
| $284K | 0.01% |
+4,681
| New | +$281K |
|
997
Badger Meter
BMI
$3.82B
| $282K | 0.01% |
3,054
-2,069
| -40% | -$192K |
|
998
Jack in the Box
JACK
$331M
| $282K | 0.01% |
3,801
-200
| -5% | -$15.2K |
|
999
Marcus & Millichap
MMI
$1.22B
| $280K | 0.01% |
8,555
+931
| +12% | +$35.2K |
|
1000
PVH
PVH
$3.62B
| $280K | 0.01% |
6,255
-9,946
| -61% | -$591K |
|
Similar funds
Joel Greenblatt's Q3 2022 Portfolio in Review
As of Q3 2022, Joel Greenblatt held 1,300 positions worth $3.34B, up 7.2% from $3.11B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Joel Greenblatt deployed $425M of net new capital in Q3 2022, opening 196 new positions and adding to 563 existing holdings. Its largest new stake was Snowflake: 423,947 shares worth $72.1M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Healthcare and Industrials.
On the sell side, the largest reduction was PayPal, an estimated $12.1M trimmed.
- Joel Greenblatt's largest Q3 2022 buy was Snowflake: 423,947 shares worth $72.1M.
- Joel Greenblatt added most to iShares Core S&P 500 ETF in Q3 2022, an estimated $41.9M increase.
- Joel Greenblatt's biggest Q3 2022 reduction was PayPal, cutting an estimated $12.1M.
- Joel Greenblatt fully exited Warner Bros in Q3 2022, selling an estimated $6.45M.
- Joel Greenblatt's ten largest holdings make up 23% of its $3.34B portfolio in Q3 2022.
- Joel Greenblatt opened 196 new positions and closed 144 in Q3 2022.
- Joel Greenblatt's portfolio value rose 7.2% quarter-over-quarter to $3.34B.
Based on Gotham Asset Management's 13F filing for Q3 2022, filed 14 Nov 2022.