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
|
+$1.73B |
| 2 |
NewMarket
NEU
|
+$67.2M |
| 3 |
Gen Digital
GEN
|
+$66.9M |
| 4 |
General Mills
GIS
|
+$63.7M |
| 5 |
Humana
HUM
|
+$63M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Western Digital
WDC
|
+$97.7M |
| 2 |
Micron Technology
MU
|
+$88M |
| 3 |
MASI
Masimo
MASI
|
+$60.7M |
| 4 |
SNDK
Sandisk
SNDK
|
+$55.1M |
| 5 |
Crown Holdings
CCK
|
+$46.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.32% |
| 2 | Industrials | 11.66% |
| 3 | Consumer Discretionary | 9.38% |
| 4 | Healthcare | 7.34% |
| 5 | Financials | 4.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1101
FIVE9
FIVN
$2.45B
| $2.39M | 0.01% |
112,056
+96,818
| +635% | +$1.91M |
|
1102
Invesco NASDAQ 100 ETF
QQQM
$103B
| $2.38M | 0.01% |
7,870
+165
| +2% | +$46.7K |
|
1103
Advanced Energy
AEIS
$11.4B
| $2.38M | 0.01% |
6,378
-1,278
| -17% | -$447K |
|
1104
Antero Resources
AR
$11.7B
| $2.37M | 0.01% |
67,323
-90,184
| -57% | -$3.32M |
|
1105
Schwab US REIT ETF
SCHH
$11.4B
| $2.35M | 0.01% |
99,058
| – | – |
|
1106
Insmed
INSM
$27.5B
| $2.33M | 0.01% |
21,893
+11,883
| +119% | +$1.44M |
|
1107
Vanguard Health Care ETF
VHT
$19.7B
| $2.33M | 0.01% |
+7,778
| New | +$2.16M |
|
1108
DigitalOcean
DOCN
$13.6B
| $2.3M | 0.01% |
14,640
-10,514
| -42% | -$1.42M |
|
1109
Protagonist Therapeutics
PTGX
$9.99B
| $2.29M | 0.01% |
18,663
-2,492
| -12% | -$260K |
|
1110
Paymentus
PAY
$5.04B
| $2.26M | 0.01% |
93,420
-41,203
| -31% | -$1.01M |
|
1111
State Street Materials Select Sector SPDR ETF
XLB
$8.87B
| $2.26M | 0.01% |
+44,399
| New | +$2.28M |
|
1112
Dimensional World ex US Core Equity 2 ETF
DFAX
$12.5B
| $2.25M | 0.01% |
+61,068
| New | +$2.24M |
|
|
NIQ
1113
NIQ Global Intelligence PLC
NIQ
$5.54B
| $2.24M | 0.01% |
239,973
-90,463
| -27% | -$875K |
|
1114
GitLab
GTLB
$7.04B
| $2.23M | 0.01% |
+73,023
| New | +$1.85M |
|
1115
Globant
GLOB
$1.71B
| $2.21M | 0.01% |
76,428
-248,946
| -77% | -$9.95M |
|
|
JBTM
1116
JBT Marel
JBTM
$6.06B
| $2.19M | 0.01% |
+15,137
| New | +$1.96M |
|
1117
CarGurus
CARG
$3.28B
| $2.18M | 0.01% |
63,963
+477
| +0.8% | +$15.5K |
|
1118
iShares Future Exponential Technologies ETF
XT
$3.97B
| $2.18M | 0.01% |
26,364
| – | – |
|
1119
Aurinia Pharmaceuticals
AUPH
$2.22B
| $2.18M | 0.01% |
128,322
-40,276
| -24% | -$643K |
|
1120
Saia
SAIA
$9.66B
| $2.18M | 0.01% |
5,167
+1,382
| +37% | +$607K |
|
1121
PJT Partners
PJT
$4.47B
| $2.17M | 0.01% |
14,399
| – | – |
|
1122
Alerian MLP ETF
AMLP
$13.2B
| $2.13M | 0.01% |
41,147
| – | – |
|
1123
The Ensign Group
ENSG
$10.5B
| $2.13M | 0.01% |
+13,288
| New | +$2.34M |
|
1124
Ichor Holdings
ICHR
$2.25B
| $2.12M | ﹤0.01% |
18,923
-11,944
| -39% | -$862K |
|
1125
Warner Music
WMG
$14.2B
| $2.12M | ﹤0.01% |
78,393
-89,011
| -53% | -$2.65M |
|
Similar funds
Joel Greenblatt's Q2 2026 Portfolio in Review
As of Q2 2026, Joel Greenblatt held 1,921 positions worth $43B, up 32% from $32.7B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Joel Greenblatt deployed $5.85B of net new capital in Q2 2026, opening 172 new positions and adding to 854 existing holdings. Its largest new stake was On Holding: 754,800 shares worth $26.7M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Western Digital, an estimated $97.7M trimmed.
- Joel Greenblatt's largest Q2 2026 buy was On Holding: 754,800 shares worth $26.7M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2026, an estimated $1.73B increase.
- Joel Greenblatt's biggest Q2 2026 reduction was Western Digital, cutting an estimated $97.7M.
- Joel Greenblatt fully exited Masimo in Q2 2026, selling an estimated $60.7M.
- Joel Greenblatt's ten largest holdings make up 28% of its $43B portfolio in Q2 2026.
- Joel Greenblatt opened 172 new positions and closed 130 in Q2 2026.
- Joel Greenblatt's portfolio value rose 32% quarter-over-quarter to $43B.
Based on Gotham Asset Management's 13F filing for Q2 2026, filed 14 Aug 2026.