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 | |
|---|---|---|---|---|---|---|
|
NBSD
1151
Neuberger Short Duration Income ETF
NBSD
$1.26B
| $1.99M | ﹤0.01% |
39,338
| – | – |
|
|
WCN
1152
Waste Connections
WCN
$42.6B
| $1.97M | ﹤0.01% |
11,832
| – | – |
|
1153
Ormat Technologies
ORA
$6.67B
| $1.96M | ﹤0.01% |
18,036
+1,216
| +7% | +$151K |
|
1154
Blackbaud
BLKB
$2.16B
| $1.94M | ﹤0.01% |
65,563
+20,411
| +45% | +$671K |
|
1155
Shopify
SHOP
$192B
| $1.94M | ﹤0.01% |
16,999
-15
| -0.1% | -$1.71K |
|
1156
Fidelity MSCI Information Technology Index ETF
FTEC
$20.8B
| $1.92M | ﹤0.01% |
+6,710
| New | +$1.75M |
|
1157
iShares US Financials ETF
IYF
$4.36B
| $1.92M | ﹤0.01% |
15,022
| – | – |
|
1158
iShares MSCI USA Momentum Factor ETF
MTUM
$25B
| $1.9M | ﹤0.01% |
5,544
| – | – |
|
1159
Abercrombie & Fitch
ANF
$4.84B
| $1.9M | ﹤0.01% |
21,082
-3,280
| -13% | -$278K |
|
1160
Robinhood
HOOD
$97.2B
| $1.87M | ﹤0.01% |
18,685
+1,978
| +12% | +$166K |
|
1161
LiveRamp
RAMP
$2.28B
| $1.87M | ﹤0.01% |
49,709
-18,796
| -27% | -$619K |
|
1162
Diebold Nixdorf
DBD
$2.37B
| $1.85M | ﹤0.01% |
21,817
-862
| -4% | -$69.3K |
|
1163
InterDigital
IDCC
$8.84B
| $1.85M | ﹤0.01% |
6,530
-2,055
| -24% | -$611K |
|
1164
United Natural Foods
UNFI
$2.91B
| $1.85M | ﹤0.01% |
40,475
-14,542
| -26% | -$720K |
|
|
CRCL
1165
Circle Internet Group
CRCL
$22.3B
| $1.84M | ﹤0.01% |
29,389
-36,657
| -56% | -$3.57M |
|
|
BAI
1166
iShares A.I. Innovation and Tech Active ETF
BAI
$13.7B
| $1.84M | ﹤0.01% |
34,898
+17,195
| +97% | +$781K |
|
1167
American States Water
AWR
$3.51B
| $1.83M | ﹤0.01% |
22,176
+4,831
| +28% | +$375K |
|
1168
UFP Industries
UFPI
$4.9B
| $1.83M | ﹤0.01% |
20,115
-1,855
| -8% | -$162K |
|
1169
iShares U.S. Large Cap Premium Income Active ETF
BALI
$1.37B
| $1.82M | ﹤0.01% |
53,838
+7,695
| +17% | +$255K |
|
1170
State Street Blackstone Senior Loan ETF
SRLN
$5.45B
| $1.82M | ﹤0.01% |
45,197
+317
| +0.7% | +$12.8K |
|
1171
Carlyle Group
CG
$17.6B
| $1.82M | ﹤0.01% |
43,139
-328
| -0.8% | -$15.4K |
|
1172
CGI
GIB
$15.5B
| $1.82M | ﹤0.01% |
28,115
-4,473
| -14% | -$305K |
|
1173
Planet Labs
PL
$7.94B
| $1.81M | ﹤0.01% |
54,713
-21,020
| -28% | -$777K |
|
1174
Zscaler
ZS
$29.4B
| $1.81M | ﹤0.01% |
12,817
-60,014
| -82% | -$8.37M |
|
1175
OneMain Financial
OMF
$7.27B
| $1.8M | ﹤0.01% |
29,524
-463
| -2% | -$26.1K |
|
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.