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 |
BILL Holdings
BILL
|
+$41.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$35.9M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$35.8M |
| 4 |
PayPal
PYPL
|
+$17.4M |
| 5 |
NATI
National Instruments Corp
NATI
|
+$12.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pfizer
PFE
|
+$14M |
| 2 |
Lam Research
LRCX
|
+$12.7M |
| 3 |
Meta Platforms (Facebook)
META
|
+$9.54M |
| 4 |
VMW
VMware, Inc
VMW
|
+$9.3M |
| 5 |
Valvoline
VVV
|
+$9.03M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.4% |
| 2 | Industrials | 12.68% |
| 3 | Consumer Discretionary | 10.55% |
| 4 | Healthcare | 8.73% |
| 5 | Financials | 6.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Teradata
TDC
$2.58B
| $403K | 0.01% |
9,270
-268
| -3% | -$12K |
|
1052
First Solar
FSLR
$23B
| $403K | 0.01% |
2,340
-419
| -15% | -$64.1K |
|
1053
Nextpower Inc
NXT
$13.1B
| $400K | 0.01% |
8,534
-2,617
| -23% | -$102K |
|
1054
BOK Financial
BOKF
$8.54B
| $399K | 0.01% |
4,656
-5,467
| -54% | -$412K |
|
|
CERE
1055
DELISTED
Cerevel Therapeutics Holdings, Inc. Common Stock
CERE
| $398K | 0.01% |
+9,394
| New | +$270K |
|
1056
Zoetis
ZTS
$32.1B
| $398K | 0.01% |
2,015
+242
| +14% | +$42.8K |
|
|
PENG
1057
Penguin Solutions Inc
PENG
$2.7B
| $397K | 0.01% |
20,966
-30,800
| -59% | -$533K |
|
1058
Coinbase
COIN
$49.2B
| $395K | 0.01% |
+2,274
| New | +$248K |
|
1059
Wheaton Precious Metals
WPM
$71.7B
| $395K | 0.01% |
8,007
-13,779
| -63% | -$623K |
|
1060
Innoviva
INVA
$1.52B
| $394K | 0.01% |
24,594
+6,393
| +35% | +$89.4K |
|
1061
Avantor
AVTR
$9.78B
| $390K | 0.01% |
17,096
-17,000
| -50% | -$348K |
|
1062
Ryan Specialty Holdings
RYAN
$11.1B
| $389K | 0.01% |
9,038
+2,923
| +48% | +$132K |
|
1063
Essential Properties Realty Trust
EPRT
$6.67B
| $388K | 0.01% |
15,197
+3,898
| +34% | +$90.4K |
|
1064
Sun Life Financial
SLF
$44B
| $388K | 0.01% |
+7,478
| New | +$368K |
|
1065
Southern Company
SO
$102B
| $387K | 0.01% |
5,516
-107
| -2% | -$7.35K |
|
1066
L3Harris
LHX
$49.7B
| $385K | 0.01% |
1,826
-5,136
| -74% | -$964K |
|
1067
Oscar Health
OSCR
$9.89B
| $384K | 0.01% |
41,933
+16,288
| +64% | +$112K |
|
1068
AptarGroup
ATR
$8.57B
| $380K | 0.01% |
+3,074
| New | +$386K |
|
1069
Alcoa
AA
$13.7B
| $380K | 0.01% |
+11,172
| New | +$302K |
|
1070
Stryker
SYK
$126B
| $379K | 0.01% |
1,266
-8,481
| -87% | -$2.38M |
|
|
DOOR
1071
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $379K | 0.01% |
4,473
+2,174
| +95% | +$188K |
|
1072
Greif
GEF
$5B
| $378K | 0.01% |
5,765
-1,289
| -18% | -$85K |
|
1073
American International
AIG
$39.8B
| $377K | 0.01% |
5,568
+161
| +3% | +$10.3K |
|
1074
M/I Homes
MHO
$3.85B
| $376K | 0.01% |
2,733
+111
| +4% | +$11.1K |
|
1075
Antero Resources
AR
$11.7B
| $375K | 0.01% |
16,525
-20,308
| -55% | -$515K |
|
Similar funds
Joel Greenblatt's Q4 2023 Portfolio in Review
As of Q4 2023, Joel Greenblatt held 1,470 positions worth $5.39B, up 11% from $4.84B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Joel Greenblatt's Q4 2023 filing shows 157 new, 492 increased, 650 reduced and 145 closed positions. Its largest new stake was Fidelity Fundamental Small-Mid Cap ETF: 457,078 shares worth $4.99M. The largest sale was Pfizer, an estimated $14M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
- Joel Greenblatt's largest Q4 2023 buy was Fidelity Fundamental Small-Mid Cap ETF: 457,078 shares worth $4.99M.
- Joel Greenblatt added most to BILL Holdings in Q4 2023, an estimated $41.5M increase.
- Joel Greenblatt's biggest Q4 2023 reduction was Pfizer, cutting an estimated $14M.
- Joel Greenblatt fully exited VMware, Inc in Q4 2023, selling an estimated $9.3M.
- Joel Greenblatt's ten largest holdings make up 24% of its $5.39B portfolio in Q4 2023.
- Joel Greenblatt opened 157 new positions and closed 145 in Q4 2023.
- Joel Greenblatt's portfolio value rose 11% quarter-over-quarter to $5.39B.
Based on Gotham Asset Management's 13F filing for Q4 2023, filed 14 Feb 2024.