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 | |
|---|---|---|---|---|---|---|
1151
Brunswick
BC
$5.24B
| $422K | ﹤0.01% |
5,029
-184
| -4% | -$14.3K |
|
1152
O'Reilly Automotive
ORLY
$72.1B
| $412K | ﹤0.01% |
5,370
-2,700
| -33% | -$198K |
|
1153
Toll Brothers
TOL
$13.7B
| $401K | ﹤0.01% |
+2,596
| New | +$352K |
|
1154
Hecla Mining
HL
$13.9B
| $401K | ﹤0.01% |
60,126
+16,873
| +39% | +$98.7K |
|
1155
MongoDB
MDB
$34.7B
| $401K | ﹤0.01% |
+1,483
| New | +$385K |
|
1156
Applied Industrial Technologies
AIT
$12.5B
| $400K | ﹤0.01% |
1,794
-2,638
| -60% | -$538K |
|
1157
CBIZ
CBZ
$2.97B
| $398K | ﹤0.01% |
5,918
| – | – |
|
1158
Rogers Communications
RCI
$19.6B
| $397K | ﹤0.01% |
+9,885
| New | +$387K |
|
1159
Amneal Pharmaceuticals
AMRX
$6.24B
| $397K | ﹤0.01% |
+47,659
| New | +$373K |
|
1160
Haemonetics
HAE
$4.95B
| $395K | ﹤0.01% |
4,914
-4
| -0.1% | -$323 |
|
1161
Archrock
AROC
$5.58B
| $395K | ﹤0.01% |
19,498
-29,040
| -60% | -$588K |
|
1162
Newmark Group
NMRK
$2.94B
| $393K | ﹤0.01% |
25,293
+10,446
| +70% | +$136K |
|
1163
Yext
YEXT
$637M
| $388K | ﹤0.01% |
56,098
-30,451
| -35% | -$169K |
|
1164
Ingles Markets
IMKTA
$1.61B
| $388K | ﹤0.01% |
+5,200
| New | +$382K |
|
|
HTO
1165
H2O America
HTO
$2.66B
| $386K | ﹤0.01% |
+6,650
| New | +$389K |
|
1166
Invesco NASDAQ 100 ETF
QQQM
$103B
| $385K | ﹤0.01% |
+1,918
| New | +$374K |
|
|
UCTT
1167
Ultra Clean Holdings
UCTT
$3.46B
| $382K | ﹤0.01% |
+9,570
| New | +$392K |
|
|
FYBR
1168
DELISTED
Frontier Communications
FYBR
| $382K | ﹤0.01% |
10,752
| – | – |
|
1169
Watts Water Technologies
WTS
$12.5B
| $381K | ﹤0.01% |
1,839
-318
| -15% | -$61.5K |
|
|
ACH
1170
Accendra Health
ACH
$92.3M
| $381K | ﹤0.01% |
24,276
-25,709
| -51% | -$389K |
|
1171
NETSCOUT
NTCT
$2.8B
| $379K | ﹤0.01% |
17,417
-26,513
| -60% | -$523K |
|
1172
Kratos Defense & Security Solutions
KTOS
$10.7B
| $377K | ﹤0.01% |
16,161
-70,369
| -81% | -$1.52M |
|
1173
Equitable Holdings
EQH
$13.3B
| $376K | ﹤0.01% |
8,948
-910
| -9% | -$37.3K |
|
1174
Garrett Motion
GTX
$4.96B
| $375K | ﹤0.01% |
45,865
+24,532
| +115% | +$206K |
|
1175
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.28B
| $374K | ﹤0.01% |
+3,459
| New | +$360K |
|
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.