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 |
Gotham Enhanced 500 ETF
GSPY
|
+$48.7M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$30.3M |
| 3 |
Exelon
EXC
|
+$17.6M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$17.3M |
| 5 |
PayPal
PYPL
|
+$12.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eaton
ETN
|
+$10.3M |
| 2 |
Advanced Micro Devices
AMD
|
+$7.71M |
| 3 |
CERN
Cerner Corp
CERN
|
+$7.37M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$7.26M |
| 5 |
DTE Energy
DTE
|
+$7.26M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.34% |
| 2 | Healthcare | 11.88% |
| 3 | Industrials | 10.78% |
| 4 | Consumer Discretionary | 9.85% |
| 5 | Financials | 7.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Albemarle
ALB
$16.9B
| $214K | 0.01% |
+1,023
| New | +$228K |
|
1027
IonQ
IONQ
$18.2B
| $214K | 0.01% |
48,834
+32,303
| +195% | +$229K |
|
1028
Lucid Motors
LCID
$2.17B
| $212K | 0.01% |
+1,233
| New | +$234K |
|
1029
Littelfuse
LFUS
$10.5B
| $212K | 0.01% |
+834
| New | +$209K |
|
1030
SolarEdge
SEDG
$1.9B
| $212K | 0.01% |
+775
| New | +$212K |
|
1031
Vericel Corp
VCEL
$2.19B
| $210K | 0.01% |
8,351
-2,714
| -25% | -$80.1K |
|
1032
ACI Worldwide
ACIW
$5.24B
| $208K | 0.01% |
8,035
-3,401
| -30% | -$91.4K |
|
1033
MACOM Technology Solutions
MTSI
$20.4B
| $208K | 0.01% |
+4,507
| New | +$232K |
|
1034
United Airlines
UAL
$36.7B
| $208K | 0.01% |
+5,862
| New | +$257K |
|
1035
Mattel
MAT
$4.15B
| $207K | 0.01% |
9,282
-82,360
| -90% | -$1.95M |
|
1036
Xcel Energy
XEL
$47.7B
| $206K | 0.01% |
+2,910
| New | +$212K |
|
1037
Zscaler
ZS
$29.4B
| $206K | 0.01% |
+1,377
| New | +$243K |
|
|
CDMO
1038
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $206K | 0.01% |
+13,509
| New | +$200K |
|
1039
Essential Properties Realty Trust
EPRT
$6.67B
| $205K | 0.01% |
+9,534
| New | +$222K |
|
|
GMS
1040
DELISTED
GMS Inc
GMS
| $201K | 0.01% |
+4,524
| New | +$215K |
|
|
ITOS
1041
DELISTED
iTeos Therapeutics
ITOS
| $201K | 0.01% |
9,735
-131,430
| -93% | -$3.12M |
|
1042
Visteon
VC
$2.83B
| $201K | 0.01% |
1,940
-8,317
| -81% | -$858K |
|
|
LNW
1043
DELISTED
Light & Wonder
LNW
| $200K | 0.01% |
4,259
-15,977
| -79% | -$855K |
|
|
MYOV
1044
DELISTED
Myovant Sciences Ltd.
MYOV
| $199K | 0.01% |
+16,006
| New | +$177K |
|
1045
LSB Industries
LXU
$801M
| $186K | 0.01% |
+13,409
| New | +$268K |
|
|
SAFE
1046
Safehold
SAFE
$1.09B
| $180K | 0.01% |
2,703
+851
| +46% | +$71.7K |
|
1047
Heartland Express
HTLD
$993M
| $179K | 0.01% |
12,853
+823
| +7% | +$11.4K |
|
1048
Cerus
CERS
$566M
| $177K | 0.01% |
33,390
+17,474
| +110% | +$87.3K |
|
|
BORR
1049
Borr Drilling
BORR
$1.39B
| $173K | 0.01% |
+37,510
| New | +$186K |
|
1050
Joby Aviation
JOBY
$7.45B
| $165K | 0.01% |
33,579
-771
| -2% | -$4.06K |
|
Similar funds
Joel Greenblatt's Q2 2022 Portfolio in Review
As of Q2 2022, Joel Greenblatt held 1,290 positions worth $3.11B, down 3.6% from $3.23B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Joel Greenblatt deployed $461M of net new capital in Q2 2022, opening 177 new positions and adding to 577 existing holdings. Its largest new stake was iShares Core S&P 500 ETF: 42,001 shares worth $15.9M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 20% a quarter earlier, followed by Healthcare and Industrials.
On the sell side, the largest reduction was Eaton, an estimated $10.3M trimmed.
- Joel Greenblatt's largest Q2 2022 buy was iShares Core S&P 500 ETF: 42,001 shares worth $15.9M.
- Joel Greenblatt added most to Gotham Enhanced 500 ETF in Q2 2022, an estimated $48.7M increase.
- Joel Greenblatt's biggest Q2 2022 reduction was Eaton, cutting an estimated $10.3M.
- Joel Greenblatt fully exited Cerner Corp in Q2 2022, selling an estimated $7.37M.
- Joel Greenblatt's ten largest holdings make up 22% of its $3.11B portfolio in Q2 2022.
- Joel Greenblatt opened 177 new positions and closed 186 in Q2 2022.
- Joel Greenblatt's portfolio value fell 3.6% quarter-over-quarter to $3.11B.
Based on Gotham Asset Management's 13F filing for Q2 2022, filed 15 Aug 2022.