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
|
+$128M |
| 2 |
NVIDIA
NVDA
|
+$27.8M |
| 3 |
Duke Energy
DUK
|
+$18.4M |
| 4 |
MRO
Marathon Oil Corporation
MRO
|
+$13.2M |
| 5 |
Qorvo
QRVO
|
+$11.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Super Micro Computer
SMCI
|
+$15.8M |
| 2 |
J.M. Smucker
SJM
|
+$10.6M |
| 3 |
HOLX
Hologic
HOLX
|
+$10.1M |
| 4 |
SPLK
Splunk Inc
SPLK
|
+$9M |
| 5 |
Emerson Electric
EMR
|
+$8.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.24% |
| 2 | Industrials | 12.84% |
| 3 | Consumer Discretionary | 10.7% |
| 4 | Healthcare | 8.81% |
| 5 | Financials | 6.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Gildan
GIL
$10.4B
| $498K | 0.01% |
+13,399
| New | +$455K |
|
1052
FLEX LNG
FLNG
$1.73B
| $497K | 0.01% |
19,563
+1,074
| +6% | +$29.4K |
|
1053
Nextpower Inc
NXT
$13.1B
| $496K | 0.01% |
8,819
+285
| +3% | +$15.2K |
|
1054
Protolabs
PRLB
$1.9B
| $496K | 0.01% |
13,866
+5,214
| +60% | +$188K |
|
1055
Blue Bird Corp
BLBD
$1.96B
| $494K | 0.01% |
12,889
-59
| -0.5% | -$1.81K |
|
1056
Ziff Davis
ZD
$1.92B
| $494K | 0.01% |
7,835
+3,534
| +82% | +$235K |
|
1057
CarGurus
CARG
$3.28B
| $494K | 0.01% |
21,386
-33,729
| -61% | -$780K |
|
1058
Beam Therapeutics
BEAM
$3.07B
| $493K | 0.01% |
+14,932
| New | +$465K |
|
1059
Greif
GEF
$5B
| $492K | 0.01% |
7,132
+1,367
| +24% | +$87.1K |
|
1060
ArcBest
ARCB
$3.14B
| $490K | 0.01% |
3,439
-1,453
| -30% | -$190K |
|
1061
JELD-WEN Holding
JELD
$200M
| $490K | 0.01% |
23,078
+359
| +2% | +$6.71K |
|
1062
Dole
DOLE
$1.26B
| $490K | 0.01% |
41,058
+11,732
| +40% | +$136K |
|
1063
Dana Inc
DAN
$3.41B
| $486K | 0.01% |
38,275
+22,730
| +146% | +$295K |
|
1064
Mueller Water Products
MWA
$3.89B
| $485K | 0.01% |
30,152
+19,744
| +190% | +$294K |
|
1065
Descartes Systems
DSGX
$6.7B
| $482K | 0.01% |
5,267
-976
| -16% | -$85.8K |
|
1066
Rhythm Pharmaceuticals
RYTM
$7.57B
| $481K | 0.01% |
11,103
-7,370
| -40% | -$323K |
|
1067
Avnet
AVT
$7.27B
| $477K | 0.01% |
9,630
-20,592
| -68% | -$965K |
|
1068
LGI Homes
LGIH
$1.35B
| $477K | 0.01% |
4,100
| – | – |
|
1069
Xerox
XRX
$381M
| $476K | 0.01% |
26,575
+15,777
| +146% | +$277K |
|
1070
Choice Hotels
CHH
$4.93B
| $474K | 0.01% |
3,754
-6,061
| -62% | -$725K |
|
1071
Kosmos Energy
KOS
$1.76B
| $474K | 0.01% |
79,458
+16,583
| +26% | +$99.7K |
|
1072
Bright Horizons
BFAM
$3.54B
| $473K | 0.01% |
4,175
+1,549
| +59% | +$163K |
|
1073
Nutrien
NTR
$35.9B
| $473K | 0.01% |
8,703
+4,931
| +131% | +$257K |
|
1074
Acushnet Holdings
GOLF
$5.19B
| $471K | 0.01% |
7,142
-6,804
| -49% | -$441K |
|
1075
Equifax
EFX
$22.6B
| $471K | 0.01% |
+1,759
| New | +$448K |
|
Similar funds
Joel Greenblatt's Q1 2024 Portfolio in Review
As of Q1 2024, Joel Greenblatt held 1,490 positions worth $6.62B, up 23% from $5.39B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $697M of net new capital in Q1 2024, opening 166 new positions and adding to 708 existing holdings. Its largest new stake was Qorvo: 104,363 shares worth $12M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Super Micro Computer, an estimated $15.8M trimmed.
- Joel Greenblatt's largest Q1 2024 buy was Qorvo: 104,363 shares worth $12M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $128M increase.
- Joel Greenblatt's biggest Q1 2024 reduction was Super Micro Computer, cutting an estimated $15.8M.
- Joel Greenblatt fully exited Splunk Inc in Q1 2024, selling an estimated $9M.
- Joel Greenblatt's ten largest holdings make up 25% of its $6.62B portfolio in Q1 2024.
- Joel Greenblatt opened 166 new positions and closed 124 in Q1 2024.
- Joel Greenblatt's portfolio value rose 23% quarter-over-quarter to $6.62B.
Based on Gotham Asset Management's 13F filing for Q1 2024, filed 15 May 2024.