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
|
+$536M |
| 2 |
Amazon
AMZN
|
+$80.8M |
| 3 |
Apple
AAPL
|
+$40.3M |
| 4 |
Intuitive Machines
LUNR
|
+$33.2M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$24.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ConocoPhillips
COP
|
+$23.1M |
| 2 |
Dominion Energy
D
|
+$18.1M |
| 3 |
GE Aerospace
GE
|
+$17.7M |
| 4 |
EOG Resources
EOG
|
+$16.3M |
| 5 |
Johnson & Johnson
JNJ
|
+$15.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.98% |
| 2 | Industrials | 11.38% |
| 3 | Consumer Discretionary | 9.73% |
| 4 | Healthcare | 7.92% |
| 5 | Financials | 6.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
976
Brixmor Property Group
BRX
$9.06B
| $1.1M | 0.01% |
41,507
+26,724
| +181% | +$711K |
|
977
Macy's
M
$6.11B
| $1.1M | 0.01% |
+87,220
| New | +$1.27M |
|
978
Match Group
MTCH
$9.46B
| $1.1M | 0.01% |
35,103
-26,514
| -43% | -$866K |
|
979
Huron Consulting
HURN
$2.59B
| $1.09M | 0.01% |
7,628
+5,914
| +345% | +$795K |
|
980
LivaNova
LIVN
$4.34B
| $1.09M | 0.01% |
27,823
+604
| +2% | +$27.1K |
|
981
Yelp
YELP
$1.28B
| $1.09M | 0.01% |
29,378
-7,525
| -20% | -$283K |
|
982
VF Corp
VFC
$5.64B
| $1.08M | 0.01% |
69,648
+25,592
| +58% | +$567K |
|
983
Pediatrix Medical
MD
$2.15B
| $1.08M | 0.01% |
74,547
+19,905
| +36% | +$283K |
|
984
Ormat Technologies
ORA
$6.5B
| $1.08M | 0.01% |
15,257
+1,874
| +14% | +$127K |
|
|
SEM
985
DELISTED
Select Medical
SEM
| $1.08M | 0.01% |
64,412
+44,270
| +220% | +$815K |
|
|
JHG
986
DELISTED
Janus Henderson
JHG
| $1.07M | 0.01% |
29,707
-296
| -1% | -$12.2K |
|
987
Pacira BioSciences
PCRX
$985M
| $1.07M | 0.01% |
43,171
-21,777
| -34% | -$521K |
|
988
iShares US Aerospace & Defense ETF
ITA
$14.1B
| $1.07M | 0.01% |
+7,000
| New | +$1.07M |
|
989
Sherwin-Williams
SHW
$85B
| $1.07M | 0.01% |
3,063
+636
| +26% | +$223K |
|
990
Prudential Financial
PRU
$42.2B
| $1.06M | 0.01% |
9,519
-44,944
| -83% | -$5.12M |
|
991
Option Care Health
OPCH
$3.58B
| $1.06M | 0.01% |
30,326
-14,093
| -32% | -$442K |
|
992
Fortrea Holdings
FTRE
$1.72B
| $1.06M | 0.01% |
140,249
+1,999
| +1% | +$28.2K |
|
993
BILL Holdings
BILL
$4.75B
| $1.05M | 0.01% |
22,956
+19,523
| +569% | +$1.31M |
|
994
Blue Bird Corp
BLBD
$1.95B
| $1.05M | 0.01% |
32,450
-28,463
| -47% | -$1.04M |
|
995
Innodata
INOD
$2.04B
| $1.05M | 0.01% |
29,250
+12,803
| +78% | +$563K |
|
996
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.9B
| $1.05M | 0.01% |
+2,500
| New | +$1.08M |
|
997
Minerals Technologies
MTX
$2.24B
| $1.05M | 0.01% |
16,512
+1,595
| +11% | +$114K |
|
998
Bloom Energy
BE
$56.1B
| $1.04M | 0.01% |
+53,152
| New | +$1.27M |
|
|
SEE
999
DELISTED
Sealed Air
SEE
| $1.04M | 0.01% |
35,857
+10,883
| +44% | +$356K |
|
1000
Casey's General Stores
CASY
$31.1B
| $1.04M | 0.01% |
2,387
+643
| +37% | +$264K |
|
Similar funds
Joel Greenblatt's Q1 2025 Portfolio in Review
As of Q1 2025, Joel Greenblatt held 1,689 positions worth $12B, up 14% from $10.5B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Joel Greenblatt deployed $1.98B of net new capital in Q1 2025, opening 268 new positions and adding to 781 existing holdings. Its largest new stake was Intuitive Machines: 2,112,674 shares worth $15.7M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, down from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was ConocoPhillips, an estimated $23.1M trimmed.
- Joel Greenblatt's largest Q1 2025 buy was Intuitive Machines: 2,112,674 shares worth $15.7M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2025, an estimated $536M increase.
- Joel Greenblatt's biggest Q1 2025 reduction was ConocoPhillips, cutting an estimated $23.1M.
- Joel Greenblatt fully exited Sonoco in Q1 2025, selling an estimated $11.8M.
- Joel Greenblatt's ten largest holdings make up 28% of its $12B portfolio in Q1 2025.
- Joel Greenblatt opened 268 new positions and closed 148 in Q1 2025.
- Joel Greenblatt's portfolio value rose 14% quarter-over-quarter to $12B.
Based on Gotham Asset Management's 13F filing for Q1 2025, filed 15 May 2025.