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
|
+$123M |
| 2 |
NVIDIA
NVDA
|
+$47.4M |
| 3 |
ANSS
Ansys
ANSS
|
+$21.2M |
| 4 |
Gotham Enhanced 500 ETF
GSPY
|
+$20.9M |
| 5 |
Lincoln Electric
LECO
|
+$20.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$10.9M |
| 2 |
Duke Energy
DUK
|
+$10.2M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$9.29M |
| 4 |
MRSH
Marsh
MRSH
|
+$8.62M |
| 5 |
Incyte
INCY
|
+$7.89M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.91% |
| 2 | Industrials | 12.24% |
| 3 | Consumer Discretionary | 10.35% |
| 4 | Healthcare | 8.92% |
| 5 | Financials | 6.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TPC
1026
Tutor Perini Cor
TPC
$4.8B
| $618K | 0.01% |
+28,395
| New | +$522K |
|
|
HPP
1027
Hudson Pacific Properties
HPP
$787M
| $616K | 0.01% |
18,286
-621
| -3% | -$23.4K |
|
1028
NextEra Energy
NEE
$174B
| $615K | 0.01% |
8,690
+1,378
| +19% | +$97.8K |
|
1029
Capri Holdings
CPRI
$1.55B
| $614K | 0.01% |
18,572
-26,120
| -58% | -$945K |
|
|
CALY
1030
Callaway Golf Company
CALY
$2.84B
| $613K | 0.01% |
40,066
-17,904
| -31% | -$280K |
|
1031
Southern Company
SO
$102B
| $610K | 0.01% |
7,869
+2,355
| +43% | +$178K |
|
1032
Shutterstock
SSTK
$197M
| $607K | 0.01% |
15,683
+436
| +3% | +$17.7K |
|
1033
American States Water
AWR
$3.51B
| $607K | 0.01% |
8,361
+5,189
| +164% | +$374K |
|
1034
Autodesk
ADSK
$53.6B
| $607K | 0.01% |
2,451
-1,977
| -45% | -$444K |
|
1035
Enerpac Tool Group
EPAC
$1.9B
| $606K | 0.01% |
15,867
-7,919
| -33% | -$294K |
|
1036
REX American Resources
REX
$1.47B
| $606K | 0.01% |
+26,574
| New | +$709K |
|
1037
Cable One
CABO
$129M
| $602K | 0.01% |
1,700
+452
| +36% | +$173K |
|
1038
Wabash National
WNC
$490M
| $596K | 0.01% |
27,288
-31,026
| -53% | -$731K |
|
|
AVDX
1039
DELISTED
AvidXchange
AVDX
| $595K | 0.01% |
49,326
-29,284
| -37% | -$334K |
|
1040
T. Rowe Price Blue Chip Growth ETF
TCHP
$2.16B
| $591K | 0.01% |
15,264
+81
| +0.5% | +$2.92K |
|
1041
Levi Strauss
LEVI
$8.27B
| $590K | 0.01% |
+30,615
| New | +$671K |
|
1042
Blackbaud
BLKB
$2.16B
| $589K | 0.01% |
7,737
-5,510
| -42% | -$424K |
|
1043
Hillman Solutions
HLMN
$1.63B
| $589K | 0.01% |
66,533
-28,137
| -30% | -$265K |
|
1044
Acadia Healthcare
ACHC
$2.59B
| $589K | 0.01% |
8,718
-4,534
| -34% | -$317K |
|
1045
Gildan
GIL
$10.4B
| $589K | 0.01% |
15,524
+2,125
| +16% | +$76.9K |
|
1046
American Water Works
AWK
$26.9B
| $586K | 0.01% |
4,534
+290
| +7% | +$36.7K |
|
1047
Highwoods Properties
HIW
$3.46B
| $585K | 0.01% |
+22,286
| New | +$571K |
|
1048
Nucor
NUE
$55.3B
| $584K | 0.01% |
3,697
-25,831
| -87% | -$4.49M |
|
|
NSA
1049
DELISTED
National Storage Affiliates Trust
NSA
| $583K | 0.01% |
14,142
-2,172
| -13% | -$81.9K |
|
1050
Plug Power
PLUG
$3.17B
| $581K | 0.01% |
249,147
+92,399
| +59% | +$265K |
|
Similar funds
Joel Greenblatt's Q2 2024 Portfolio in Review
As of Q2 2024, Joel Greenblatt held 1,531 positions worth $7.72B, up 17% from $6.62B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.17B of net new capital in Q2 2024, opening 165 new positions and adding to 726 existing holdings. Its largest new stake was monday.com: 92,920 shares worth $22.4M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Honeywell, an estimated $10.9M trimmed.
- Joel Greenblatt's largest Q2 2024 buy was monday.com: 92,920 shares worth $22.4M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $123M increase.
- Joel Greenblatt's biggest Q2 2024 reduction was Honeywell, cutting an estimated $10.9M.
- Joel Greenblatt fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $9.29M.
- Joel Greenblatt's ten largest holdings make up 25% of its $7.72B portfolio in Q2 2024.
- Joel Greenblatt opened 165 new positions and closed 124 in Q2 2024.
- Joel Greenblatt's portfolio value rose 17% quarter-over-quarter to $7.72B.
Based on Gotham Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.