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 | |
|---|---|---|---|---|---|---|
976
Winnebago Industries
WGO
$898M
| $628K | 0.01% |
8,491
-1
| -0% | -$68 |
|
977
Badger Meter
BMI
$3.82B
| $621K | 0.01% |
3,837
-800
| -17% | -$123K |
|
978
Antero Resources
AR
$11.7B
| $618K | 0.01% |
21,298
+4,773
| +29% | +$115K |
|
979
CGI
GIB
$15.5B
| $617K | 0.01% |
5,583
+2,642
| +90% | +$296K |
|
980
Burlington
BURL
$20.6B
| $616K | 0.01% |
2,654
| – | – |
|
981
Winmark
WINA
$1.24B
| $616K | 0.01% |
1,702
+1,000
| +142% | +$367K |
|
982
Cimpress
CMPR
$2.13B
| $613K | 0.01% |
6,926
+2,708
| +64% | +$230K |
|
983
Kennametal
KMT
$2.28B
| $611K | 0.01% |
24,491
-1,921
| -7% | -$47.3K |
|
984
Cracker Barrel
CBRL
$1.29B
| $610K | 0.01% |
8,386
+24
| +0.3% | +$1.74K |
|
985
Teck Resources
TECK
$33.9B
| $610K | 0.01% |
13,317
| – | – |
|
986
Shopify
SHOP
$192B
| $601K | 0.01% |
7,785
-20,168
| -72% | -$1.59M |
|
987
United Parks & Resorts
PRKS
$2.06B
| $596K | 0.01% |
10,611
-3,737
| -26% | -$190K |
|
|
SILV
988
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $596K | 0.01% |
89,541
+18,473
| +26% | +$108K |
|
989
Intuit
INTU
$100B
| $593K | 0.01% |
913
-198
| -18% | -$126K |
|
990
Citizens Financial Group
CFG
$29.4B
| $587K | 0.01% |
16,179
-5,320
| -25% | -$175K |
|
991
Box
BOX
$4.56B
| $584K | 0.01% |
+20,617
| New | +$554K |
|
992
Allstate
ALL
$64.2B
| $583K | 0.01% |
3,367
+417
| +14% | +$65.8K |
|
|
VGR
993
DELISTED
Vector Group Ltd.
VGR
| $581K | 0.01% |
53,027
+30,903
| +140% | +$336K |
|
994
IPG Photonics
IPGP
$3.12B
| $581K | 0.01% |
6,406
+787
| +14% | +$73.9K |
|
995
PTC
PTC
$16.8B
| $581K | 0.01% |
3,074
+1
| +0% | +$180 |
|
996
Duolingo
DUOL
$6.84B
| $576K | 0.01% |
2,611
-1,677
| -39% | -$342K |
|
997
AXIS Capital
AXS
$7.2B
| $574K | 0.01% |
8,826
-11,978
| -58% | -$717K |
|
998
Valaris
VAL
$6.09B
| $574K | 0.01% |
7,623
-416
| -5% | -$27.9K |
|
999
Plexus
PLXS
$6.4B
| $572K | 0.01% |
6,036
+1,414
| +31% | +$136K |
|
1000
Adient
ADNT
$1.54B
| $570K | 0.01% |
17,313
-12,247
| -41% | -$417K |
|
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.