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 | |
|---|---|---|---|---|---|---|
1101
Waste Management
WM
$89.6B
| $467K | 0.01% |
2,187
-4,339
| -66% | -$902K |
|
1102
Yext
YEXT
$637M
| $463K | 0.01% |
86,549
-206
| -0.2% | -$1.11K |
|
1103
Edison International
EIX
$27.5B
| $458K | 0.01% |
+6,384
| New | +$463K |
|
|
BCPC
1104
Balchem Corp
BCPC
$5.78B
| $456K | 0.01% |
2,961
+896
| +43% | +$135K |
|
1105
Norfolk Southern
NSC
$78.8B
| $456K | 0.01% |
2,123
-4,802
| -69% | -$1.11M |
|
1106
Airbnb
ABNB
$110B
| $455K | 0.01% |
3,001
+637
| +27% | +$97.3K |
|
1107
Antero Resources
AR
$11.7B
| $454K | 0.01% |
13,924
-7,374
| -35% | -$241K |
|
1108
Essential Properties Realty Trust
EPRT
$6.67B
| $452K | 0.01% |
16,308
+7
| +0% | +$187 |
|
1109
Wolverine World Wide
WWW
$1.72B
| $449K | 0.01% |
+33,227
| New | +$400K |
|
1110
Patrick Industries
PATK
$2.68B
| $449K | 0.01% |
6,198
-234
| -4% | -$17.1K |
|
1111
Elastic
ESTC
$8.93B
| $448K | 0.01% |
3,931
-486
| -11% | -$51K |
|
1112
Commercial Metals
CMC
$7.34B
| $445K | 0.01% |
8,085
+2,273
| +39% | +$125K |
|
1113
Ichor Holdings
ICHR
$2.25B
| $443K | 0.01% |
+11,494
| New | +$438K |
|
1114
Zoetis
ZTS
$32.1B
| $441K | 0.01% |
2,545
-4,155
| -62% | -$691K |
|
1115
GXO Logistics
GXO
$5.24B
| $440K | 0.01% |
8,719
-15,392
| -64% | -$777K |
|
1116
CBIZ
CBZ
$2.97B
| $439K | 0.01% |
5,918
-8
| -0.1% | -$605 |
|
1117
United Parks & Resorts
PRKS
$2.06B
| $437K | 0.01% |
8,042
-2,569
| -24% | -$134K |
|
1118
Protolabs
PRLB
$1.9B
| $435K | 0.01% |
14,095
+229
| +2% | +$7.26K |
|
1119
Take-Two Interactive
TTWO
$44.8B
| $433K | 0.01% |
2,785
+60
| +2% | +$9.1K |
|
1120
Papa John's
PZZA
$788M
| $432K | 0.01% |
9,190
+4,141
| +82% | +$227K |
|
|
OLPX
1121
DELISTED
Olaplex Holdings
OLPX
| $431K | 0.01% |
280,035
+224,959
| +408% | +$359K |
|
|
STKL
1122
DELISTED
SunOpta
STKL
| $431K | 0.01% |
79,819
+48,085
| +152% | +$282K |
|
1123
Citizens Financial Group
CFG
$29.4B
| $427K | 0.01% |
11,860
-4,319
| -27% | -$151K |
|
1124
OSI Systems
OSIS
$3.41B
| $426K | 0.01% |
3,096
-2
| -0.1% | -$276 |
|
1125
Stryker
SYK
$126B
| $425K | 0.01% |
1,248
-938
| -43% | -$318K |
|
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.