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
|
+$310M |
| 2 |
General Dynamics
GD
|
+$22.4M |
| 3 |
Gotham 1000 Value ETF
GVLU
|
+$21.7M |
| 4 |
Apple
AAPL
|
+$21.5M |
| 5 |
SLB Ltd
SLB
|
+$16.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MRO
Marathon Oil Corporation
MRO
|
+$24.5M |
| 2 |
NVIDIA
NVDA
|
+$24.3M |
| 3 |
Applovin
APP
|
+$21.5M |
| 4 |
Devon Energy
DVN
|
+$17.5M |
| 5 |
Carvana
CVNA
|
+$11.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.72% |
| 2 | Industrials | 11.59% |
| 3 | Consumer Discretionary | 10.28% |
| 4 | Healthcare | 8.66% |
| 5 | Financials | 6.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AZPN
1151
DELISTED
Aspen Technology Inc
AZPN
| $454K | ﹤0.01% |
1,817
-627
| -26% | -$153K |
|
1152
Flutter Entertainment
FLUT
$17.8B
| $452K | ﹤0.01% |
+1,748
| New | +$441K |
|
1153
Phreesia
PHR
$749M
| $452K | ﹤0.01% |
17,947
-3,259
| -15% | -$69.6K |
|
|
AVNS
1154
DELISTED
Avanos Medical
AVNS
| $449K | ﹤0.01% |
28,234
+1,425
| +5% | +$28.2K |
|
1155
D.R. Horton
DHI
$41.5B
| $449K | ﹤0.01% |
3,212
-16,988
| -84% | -$2.84M |
|
1156
OGE Energy
OGE
$9.42B
| $449K | ﹤0.01% |
10,878
+2,084
| +24% | +$86.8K |
|
1157
Avantor
AVTR
$9.78B
| $448K | ﹤0.01% |
21,270
-15,861
| -43% | -$357K |
|
1158
Coinbase
COIN
$49.2B
| $446K | ﹤0.01% |
+1,798
| New | +$456K |
|
1159
Patrick Industries
PATK
$2.68B
| $445K | ﹤0.01% |
5,354
-7
| -0.1% | -$625 |
|
1160
Boston Properties
BXP
$10.8B
| $444K | ﹤0.01% |
5,969
-894
| -13% | -$72.5K |
|
1161
Zillow
Z
$8.07B
| $442K | ﹤0.01% |
+5,966
| New | +$427K |
|
1162
West Fraser Timber
WFG
$5.46B
| $441K | ﹤0.01% |
5,100
-7,030
| -58% | -$659K |
|
1163
Ecovyst
ECVT
$1.14B
| $441K | ﹤0.01% |
+57,713
| New | +$426K |
|
1164
Cracker Barrel
CBRL
$1.29B
| $440K | ﹤0.01% |
8,333
-28,961
| -78% | -$1.43M |
|
1165
Hims & Hers Health
HIMS
$7.88B
| $440K | ﹤0.01% |
+18,196
| New | +$451K |
|
1166
Cleveland-Cliffs
CLF
$6.43B
| $439K | ﹤0.01% |
46,723
-521,456
| -92% | -$6.28M |
|
1167
MGIC Investment
MTG
$6.34B
| $439K | ﹤0.01% |
18,514
| – | – |
|
1168
Coeur Mining
CDE
$21.6B
| $438K | ﹤0.01% |
76,637
+41,778
| +120% | +$271K |
|
1169
Mercury Systems
MRCY
$5.49B
| $438K | ﹤0.01% |
+10,427
| New | +$398K |
|
1170
FirstEnergy
FE
$26.6B
| $438K | ﹤0.01% |
11,004
+844
| +8% | +$35.3K |
|
1171
Genco Shipping & Trading
GNK
$1.16B
| $437K | ﹤0.01% |
31,364
+4,748
| +18% | +$77.2K |
|
1172
Zscaler
ZS
$29.4B
| $431K | ﹤0.01% |
2,388
-320
| -12% | -$61.9K |
|
1173
Gibraltar Industries
ROCK
$1.38B
| $430K | ﹤0.01% |
7,296
-440
| -6% | -$30K |
|
1174
Cogent Communications
CCOI
$470M
| $428K | ﹤0.01% |
5,552
-927
| -14% | -$73.9K |
|
1175
Brunswick
BC
$5.24B
| $426K | ﹤0.01% |
6,585
+1,556
| +31% | +$122K |
|
Similar funds
Joel Greenblatt's Q4 2024 Portfolio in Review
As of Q4 2024, Joel Greenblatt held 1,557 positions worth $10.5B, up 9.1% from $9.67B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Joel Greenblatt deployed $892M of net new capital in Q4 2024, opening 155 new positions and adding to 628 existing holdings. Its largest new stake was Talen Energy Corp: 36,437 shares worth $7.34M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was NVIDIA, an estimated $24.3M trimmed.
- Joel Greenblatt's largest Q4 2024 buy was Talen Energy Corp: 36,437 shares worth $7.34M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q4 2024, an estimated $310M increase.
- Joel Greenblatt's biggest Q4 2024 reduction was NVIDIA, cutting an estimated $24.3M.
- Joel Greenblatt fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $24.5M.
- Joel Greenblatt's ten largest holdings make up 27% of its $10.5B portfolio in Q4 2024.
- Joel Greenblatt opened 155 new positions and closed 136 in Q4 2024.
- Joel Greenblatt's portfolio value rose 9.1% quarter-over-quarter to $10.5B.
Based on Gotham Asset Management's 13F filing for Q4 2024, filed 14 Feb 2025.