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 | |
|---|---|---|---|---|---|---|
1076
NETSCOUT
NTCT
$2.8B
| $468K | 0.01% |
21,408
-19,018
| -47% | -$413K |
|
1077
NextEra Energy
NEE
$174B
| $467K | 0.01% |
7,312
-21,603
| -75% | -$1.27M |
|
1078
Jack in the Box
JACK
$331M
| $466K | 0.01% |
6,809
+292
| +4% | +$22K |
|
1079
CBIZ
CBZ
$2.97B
| $465K | 0.01% |
5,926
+4
| +0.1% | +$278 |
|
1080
American Electric Power
AEP
$65.8B
| $464K | 0.01% |
+5,394
| New | +$438K |
|
1081
National Fuel Gas
NFG
$7.84B
| $464K | 0.01% |
+8,634
| New | +$427K |
|
|
ETRN
1082
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $464K | 0.01% |
37,126
-10,132
| -21% | -$109K |
|
1083
Huntington Bancshares
HBAN
$34.4B
| $463K | 0.01% |
33,169
-9,381
| -22% | -$121K |
|
|
BRSL
1084
Brightstar Lottery PLC
BRSL
$2.21B
| $459K | 0.01% |
+20,333
| New | +$509K |
|
|
JWN
1085
DELISTED
Nordstrom
JWN
| $457K | 0.01% |
22,551
+12,466
| +124% | +$236K |
|
1086
Definitive Healthcare
DH
$76.2M
| $452K | 0.01% |
56,013
+22,477
| +67% | +$199K |
|
|
B
1087
Barrick Mining
B
$78.3B
| $448K | 0.01% |
26,920
-59,972
| -69% | -$938K |
|
1088
Ormat Technologies
ORA
$6.67B
| $447K | 0.01% |
+6,758
| New | +$451K |
|
1089
ABM Industries
ABM
$2.74B
| $444K | 0.01% |
9,950
+4,934
| +98% | +$207K |
|
1090
Elastic
ESTC
$8.93B
| $443K | 0.01% |
4,417
-27,072
| -86% | -$3.12M |
|
1091
OSI Systems
OSIS
$3.41B
| $442K | 0.01% |
3,098
-521
| -14% | -$68.4K |
|
1092
Gentherm
THRM
$1.24B
| $441K | 0.01% |
+7,656
| New | +$399K |
|
|
VMRK
1093
Vivmark Residential
VMRK
$25B
| $440K | 0.01% |
+6,965
| New | +$424K |
|
1094
Brookdale Senior Living
BKD
$2.82B
| $439K | 0.01% |
66,458
+5,958
| +10% | +$34.8K |
|
1095
SunCoke Energy
SXC
$822M
| $436K | 0.01% |
38,700
-3,364
| -8% | -$36.3K |
|
1096
Boston Scientific
BSX
$73B
| $435K | 0.01% |
6,346
+1,338
| +27% | +$86K |
|
1097
Essential Properties Realty Trust
EPRT
$6.67B
| $435K | 0.01% |
16,301
+1,104
| +7% | +$27.7K |
|
1098
Boot Barn
BOOT
$5.01B
| $434K | 0.01% |
4,560
-773
| -14% | -$63.9K |
|
1099
Xcel Energy
XEL
$47.7B
| $427K | 0.01% |
7,949
-4,475
| -36% | -$256K |
|
1100
Asbury Automotive
ABG
$3.86B
| $427K | 0.01% |
+1,809
| New | +$384K |
|
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.