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 | |
|---|---|---|---|---|---|---|
1051
Scansource
SCSC
$1.1B
| $580K | 0.01% |
+13,097
| New | +$586K |
|
1052
American Electric Power
AEP
$65.8B
| $577K | 0.01% |
6,573
+1,179
| +22% | +$103K |
|
1053
Badger Meter
BMI
$3.82B
| $576K | 0.01% |
3,092
-745
| -19% | -$136K |
|
1054
Korn Ferry
KFY
$4.37B
| $575K | 0.01% |
8,557
+3,443
| +67% | +$221K |
|
1055
O'Reilly Automotive
ORLY
$72.1B
| $568K | 0.01% |
8,070
+3,780
| +88% | +$261K |
|
1056
Valaris
VAL
$6.09B
| $568K | 0.01% |
7,623
| – | – |
|
1057
Champion Homes
SKY
$4.9B
| $562K | 0.01% |
8,293
| – | – |
|
|
ATRI
1058
DELISTED
Atrion Corp
ATRI
| $560K | 0.01% |
+1,237
| New | +$540K |
|
1059
AZZ Inc
AZZ
$4.25B
| $555K | 0.01% |
+7,188
| New | +$562K |
|
1060
First Solar
FSLR
$23B
| $552K | 0.01% |
2,448
+109
| +5% | +$23.8K |
|
1061
Phreesia
PHR
$749M
| $550K | 0.01% |
25,963
-12,578
| -33% | -$273K |
|
1062
G-III Apparel Group
GIII
$1.43B
| $550K | 0.01% |
20,332
-23,011
| -53% | -$645K |
|
1063
Vanguard International High Dividend Yield ETF
VYMI
$21.4B
| $550K | 0.01% |
8,025
| – | – |
|
|
AVNS
1064
DELISTED
Avanos Medical
AVNS
| $548K | 0.01% |
27,528
-6,460
| -19% | -$126K |
|
1065
EQT Corp
EQT
$33.6B
| $548K | 0.01% |
+14,821
| New | +$581K |
|
1066
SPX Corp
SPXC
$10.4B
| $547K | 0.01% |
3,847
-6,059
| -61% | -$800K |
|
1067
Ingevity
NGVT
$2.42B
| $544K | 0.01% |
12,456
+4,554
| +58% | +$220K |
|
1068
iShares US Treasury Bond ETF
GOVT
$43.8B
| $543K | 0.01% |
24,043
+1,862
| +8% | +$41.8K |
|
1069
Ginkgo Bioworks
DNA
$498M
| $542K | 0.01% |
40,560
+39,138
| +2,752% | +$1.17M |
|
1070
Enphase Energy
ENPH
$5.1B
| $541K | 0.01% |
5,430
-140
| -3% | -$16.3K |
|
1071
WisdomTree Global ex-U.S. Quality Growth Fund
DNL
$502M
| $540K | 0.01% |
13,826
-39
| -0.3% | -$1.51K |
|
|
SEM
1072
DELISTED
Select Medical
SEM
| $539K | 0.01% |
28,525
-39,624
| -58% | -$676K |
|
1073
Cimpress
CMPR
$2.13B
| $536K | 0.01% |
6,117
-809
| -12% | -$70.5K |
|
1074
IES Holdings
IESC
$27.3B
| $535K | 0.01% |
+3,843
| New | +$540K |
|
|
CPRX
1075
DELISTED
Catalyst Pharmaceutical
CPRX
| $522K | 0.01% |
33,697
-1,491
| -4% | -$23.2K |
|
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.