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 | |
|---|---|---|---|---|---|---|
1101
Citizens Financial Group
CFG
$29.4B
| $502K | 0.01% |
12,230
+370
| +3% | +$15K |
|
1102
Take-Two Interactive
TTWO
$44.8B
| $502K | 0.01% |
3,267
+482
| +17% | +$73.1K |
|
|
OLPX
1103
DELISTED
Olaplex Holdings
OLPX
| $502K | 0.01% |
213,681
-66,354
| -24% | -$135K |
|
1104
Rhythm Pharmaceuticals
RYTM
$7.57B
| $496K | 0.01% |
9,471
-3,156
| -25% | -$151K |
|
1105
Cogent Communications
CCOI
$470M
| $492K | 0.01% |
+6,479
| New | +$446K |
|
1106
Ingevity
NGVT
$2.42B
| $492K | 0.01% |
12,604
+148
| +1% | +$5.89K |
|
1107
Compass
COMP
$9.02B
| $491K | 0.01% |
80,400
+3,360
| +4% | +$16.5K |
|
1108
Choice Hotels
CHH
$4.93B
| $490K | 0.01% |
+3,761
| New | +$471K |
|
|
SILV
1109
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $487K | 0.01% |
52,647
-6,066
| -10% | -$53.7K |
|
1110
B&G Foods
BGS
$281M
| $486K | 0.01% |
54,692
-27,425
| -33% | -$232K |
|
1111
Phreesia
PHR
$749M
| $483K | 0.01% |
21,206
-4,757
| -18% | -$111K |
|
1112
L3Harris
LHX
$49.7B
| $482K | 0.01% |
2,028
-246
| -11% | -$56.8K |
|
1113
LGI Homes
LGIH
$1.35B
| $482K | 0.01% |
4,063
+106
| +3% | +$11.2K |
|
1114
ProShares Short VIX Short-Term Futures ETF
SVXY
$251M
| $479K | 0.01% |
+9,688
| New | +$524K |
|
1115
BOK Financial
BOKF
$8.54B
| $475K | ﹤0.01% |
4,542
-18
| -0.4% | -$1.81K |
|
1116
MGIC Investment
MTG
$6.34B
| $474K | ﹤0.01% |
18,514
-314
| -2% | -$7.57K |
|
1117
Toast
TOST
$21.2B
| $471K | ﹤0.01% |
16,643
-20,889
| -56% | -$529K |
|
1118
Sunrun
RUN
$2.21B
| $470K | ﹤0.01% |
26,040
+1,252
| +5% | +$22.2K |
|
1119
OSI Systems
OSIS
$3.41B
| $470K | ﹤0.01% |
3,096
| – | – |
|
1120
Sabre
SABR
$848M
| $469K | ﹤0.01% |
127,856
-5,861
| -4% | -$18.2K |
|
1121
LivaNova
LIVN
$4.34B
| $467K | ﹤0.01% |
+8,881
| New | +$440K |
|
1122
Insperity
NSP
$2.02B
| $465K | ﹤0.01% |
5,289
+2,208
| +72% | +$204K |
|
1123
Zeta Global
ZETA
$7.3B
| $465K | ﹤0.01% |
+15,590
| New | +$367K |
|
|
WNS
1124
DELISTED
WNS Holdings
WNS
| $465K | ﹤0.01% |
8,818
+1,458
| +20% | +$82.7K |
|
1125
Airbnb
ABNB
$110B
| $464K | ﹤0.01% |
3,660
+659
| +22% | +$85.5K |
|
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.