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
|
+$208M |
| 2 |
NVIDIA
NVDA
|
+$74.8M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$49M |
| 4 |
Merck
MRK
|
+$20.3M |
| 5 |
GE Aerospace
GE
|
+$19.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Celanese
CE
|
+$14.3M |
| 2 |
ExxonMobil
XOM
|
+$11.5M |
| 3 |
APA Corp
APA
|
+$11.5M |
| 4 |
Kenvue
KVUE
|
+$10.7M |
| 5 |
Mattel
MAT
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.43% |
| 2 | Industrials | 11.88% |
| 3 | Consumer Discretionary | 10.29% |
| 4 | Healthcare | 9.07% |
| 5 | Financials | 5.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1076
VerifyMe
VRME
$9.72M
| $558K | 0.01% |
90,711
+68,195
| +303% | +$86K |
|
1077
Boston Properties
BXP
$10.8B
| $552K | 0.01% |
6,863
+461
| +7% | +$33K |
|
1078
Hershey
HSY
$37.5B
| $551K | 0.01% |
2,874
-11,919
| -81% | -$2.32M |
|
1079
Acadia Pharmaceuticals
ACAD
$5.08B
| $549K | 0.01% |
35,726
+5,129
| +17% | +$85.6K |
|
1080
HNI Corp
HNI
$3.55B
| $548K | 0.01% |
+10,172
| New | +$516K |
|
1081
Cloudflare
NET
$104B
| $547K | 0.01% |
6,767
+1,646
| +32% | +$132K |
|
|
DNB
1082
DELISTED
Dun & Bradstreet
DNB
| $542K | 0.01% |
47,097
-55,497
| -54% | -$616K |
|
1083
Gibraltar Industries
ROCK
$1.38B
| $541K | 0.01% |
7,736
-6,877
| -47% | -$480K |
|
1084
Waste Management
WM
$89.6B
| $539K | 0.01% |
2,596
+409
| +19% | +$85.3K |
|
1085
Enpro
NPO
$6.62B
| $538K | 0.01% |
3,319
-15
| -0.4% | -$2.33K |
|
1086
Woodward
WWD
$20.3B
| $538K | 0.01% |
3,136
-3,809
| -55% | -$634K |
|
1087
Cal-Maine
CALM
$3.87B
| $535K | 0.01% |
7,155
+2,628
| +58% | +$182K |
|
1088
VanEck Morningstar Wide Moat ETF
MOAT
$12.4B
| $534K | 0.01% |
+5,509
| New | +$504K |
|
1089
American Superconductor
AMSC
$1.45B
| $533K | 0.01% |
+22,589
| New | +$521K |
|
1090
Matsons
MATX
$6.66B
| $528K | 0.01% |
+3,703
| New | +$487K |
|
1091
Edwards Lifesciences
EW
$51.8B
| $527K | 0.01% |
7,979
-3,879
| -33% | -$282K |
|
|
DCH
1092
Dauch Corp
DCH
$1.63B
| $525K | 0.01% |
84,930
+66,091
| +351% | +$430K |
|
1093
Genco Shipping & Trading
GNK
$1.16B
| $519K | 0.01% |
26,616
+13,677
| +106% | +$255K |
|
1094
Vanguard S&P 500 Growth ETF
VOOG
$26.7B
| $516K | 0.01% |
+8,958
| New | +$497K |
|
1095
Sanmina
SANM
$10.1B
| $514K | 0.01% |
+7,510
| New | +$518K |
|
1096
Casey's General Stores
CASY
$30.9B
| $513K | 0.01% |
1,365
+801
| +142% | +$300K |
|
1097
Atmos Energy
ATO
$28.2B
| $510K | 0.01% |
3,677
+1,054
| +40% | +$135K |
|
1098
Patrick Industries
PATK
$2.68B
| $509K | 0.01% |
5,361
-837
| -14% | -$70.2K |
|
1099
Mativ Holdings
MATV
$688M
| $505K | 0.01% |
29,721
+7,236
| +32% | +$127K |
|
1100
Descartes Systems
DSGX
$6.7B
| $505K | 0.01% |
4,903
| – | – |
|
Similar funds
Joel Greenblatt's Q3 2024 Portfolio in Review
As of Q3 2024, Joel Greenblatt held 1,552 positions worth $9.67B, up 25% from $7.72B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.31B of net new capital in Q3 2024, opening 145 new positions and adding to 741 existing holdings. Its largest new stake was AST SpaceMobile: 520,630 shares worth $13.6M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Celanese, an estimated $14.3M trimmed.
- Joel Greenblatt's largest Q3 2024 buy was AST SpaceMobile: 520,630 shares worth $13.6M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $208M increase.
- Joel Greenblatt's biggest Q3 2024 reduction was Celanese, cutting an estimated $14.3M.
- Joel Greenblatt fully exited Corteva in Q3 2024, selling an estimated $9.36M.
- Joel Greenblatt's ten largest holdings make up 25% of its $9.67B portfolio in Q3 2024.
- Joel Greenblatt opened 145 new positions and closed 150 in Q3 2024.
- Joel Greenblatt's portfolio value rose 25% quarter-over-quarter to $9.67B.
Based on Gotham Asset Management's 13F filing for Q3 2024, filed 14 Nov 2024.