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
|
+$25.9M |
| 2 |
Automatic Data Processing
ADP
|
+$7.91M |
| 3 |
Vertex Pharmaceuticals
VRTX
|
+$7.59M |
| 4 |
HES
Hess
HES
|
+$7.13M |
| 5 |
NLSN
Nielsen Holdings plc
NLSN
|
+$7.12M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
eBay
EBAY
|
+$8.9M |
| 2 |
TransDigm Group
TDG
|
+$8.9M |
| 3 |
Thermo Fisher Scientific
TMO
|
+$7.17M |
| 4 |
Howmet Aerospace
HWM
|
+$6.82M |
| 5 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$6.35M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.35% |
| 2 | Consumer Discretionary | 14.2% |
| 3 | Industrials | 13.49% |
| 4 | Healthcare | 12.93% |
| 5 | Consumer Staples | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Edgewell Personal Care
EPC
$1.32B
| – | – |
-5,699
| Closed | -$226K |
|
1027
National Vision
EYE
$1.41B
| – | – |
-15,747
| Closed | -$690K |
|
1028
Diamondback Energy
FANG
$59B
| – | – |
-8,905
| Closed | -$654K |
|
1029
First Citizens BancShares
FCNCA
$24.7B
| – | – |
-361
| Closed | -$302K |
|
1030
Franco-Nevada
FNV
$51.3B
| – | – |
-3,638
| Closed | -$456K |
|
1031
Fossil Group
FOSL
$332M
| – | – |
-14,229
| Closed | -$176K |
|
1032
Freedom Holding
FRHC
$10.9B
| – | – |
-4,586
| Closed | -$245K |
|
1033
First Solar
FSLR
$23B
| – | – |
-4,447
| Closed | -$388K |
|
1034
TechnipFMC
FTI
$30.4B
| – | – |
-12,745
| Closed | -$98K |
|
1035
Fortis
FTS
$28B
| – | – |
-4,679
| Closed | -$203K |
|
1036
Glaukos
GKOS
$10.9B
| – | – |
-3,208
| Closed | -$269K |
|
1037
Hyatt Hotels
H
$17B
| – | – |
-3,771
| Closed | -$312K |
|
1038
Henry Schein
HSIC
$9.86B
| – | – |
-3,058
| Closed | -$212K |
|
1039
Hercules Capital
HTGC
$3.21B
| – | – |
-12,936
| Closed | -$207K |
|
1040
HubSpot
HUBS
$12B
| – | – |
-1,081
| Closed | -$491K |
|
1041
Humana
HUM
$45.5B
| – | – |
-2,748
| Closed | -$1.15M |
|
|
PPLI
1042
People Inc
PPLI
$2.86B
| – | – |
-2,712
| Closed | -$320K |
|
1043
InterDigital
IDCC
$8.84B
| – | – |
-5,813
| Closed | -$369K |
|
1044
Ingles Markets
IMKTA
$1.61B
| – | – |
-3,888
| Closed | -$240K |
|
1045
IQVIA
IQV
$42.8B
| – | – |
-3,116
| Closed | -$602K |
|
1046
Invesco Mortgage Capital
IVR
$809M
| – | – |
-2,375
| Closed | -$95K |
|
1047
Jack Henry & Associates
JKHY
$11.8B
| – | – |
-4,048
| Closed | -$614K |
|
1048
Kaiser Aluminum
KALU
$2.52B
| – | – |
-3,203
| Closed | -$354K |
|
1049
Kopin
KOPN
$937M
| – | – |
-11,448
| Closed | -$120K |
|
1050
Kohl's
KSS
$2B
| – | – |
-5,513
| Closed | -$329K |
|
Similar funds
Joel Greenblatt's Q2 2021 Portfolio in Review
As of Q2 2021, Joel Greenblatt held 1,160 positions worth $2.36B, up 5.3% from $2.24B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Joel Greenblatt's Q2 2021 filing shows 181 new, 351 increased, 440 reduced and 178 closed positions. Its largest new stake was Vertex Pharmaceuticals: 36,305 shares worth $7.32M. The largest sale was eBay, an estimated $8.9M.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 20% a quarter earlier, followed by Consumer Discretionary and Industrials.
- Joel Greenblatt's largest Q2 2021 buy was Vertex Pharmaceuticals: 36,305 shares worth $7.32M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2021, an estimated $25.9M increase.
- Joel Greenblatt's biggest Q2 2021 reduction was eBay, cutting an estimated $8.9M.
- Joel Greenblatt fully exited Varian Medical Systems, Inc. in Q2 2021, selling an estimated $6.35M.
- Joel Greenblatt's ten largest holdings make up 13% of its $2.36B portfolio in Q2 2021.
- Joel Greenblatt opened 181 new positions and closed 178 in Q2 2021.
- Joel Greenblatt's portfolio value rose 5.3% quarter-over-quarter to $2.36B.
Based on Gotham Asset Management's 13F filing for Q2 2021, filed 16 Aug 2021.