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 | |
|---|---|---|---|---|---|---|
1201
Peabody Energy
BTU
$3.37B
| $1.67M | ﹤0.01% |
72,223
-12,919
| -15% | -$343K |
|
1202
Vanguard Financials ETF
VFH
$13.8B
| $1.66M | ﹤0.01% |
12,609
| – | – |
|
1203
Omnicell
OMCL
$1.62B
| $1.66M | ﹤0.01% |
+39,934
| New | +$1.61M |
|
1204
Babcock & Wilcox
BW
$1.23B
| $1.66M | ﹤0.01% |
117,539
+30,931
| +36% | +$525K |
|
1205
SFL Corp
SFL
$1.65B
| $1.65M | ﹤0.01% |
162,103
+51,085
| +46% | +$580K |
|
1206
F&G Annuities & Life
FG
$2.96B
| $1.65M | ﹤0.01% |
61,984
+6,041
| +11% | +$165K |
|
|
VPU
1207
Vanguard Utilities ETF
VPU
$8.27B
| $1.64M | ﹤0.01% |
8,386
+6,042
| +258% | +$1.18M |
|
1208
BioMarin Pharmaceuticals
BMRN
$12.9B
| $1.64M | ﹤0.01% |
28,641
-145,450
| -84% | -$7.97M |
|
1209
Skywest
SKYW
$3.93B
| $1.64M | ﹤0.01% |
16,465
-18,495
| -53% | -$1.65M |
|
|
GRAL
1210
GRAIL Inc
GRAL
$3.55B
| $1.63M | ﹤0.01% |
23,940
+3,957
| +20% | +$233K |
|
1211
Vanguard Russell 1000 Growth ETF
VONG
$45B
| $1.63M | ﹤0.01% |
12,786
| – | – |
|
1212
Douglas Dynamics
PLOW
$973M
| $1.63M | ﹤0.01% |
30,277
+19,784
| +189% | +$913K |
|
1213
American International
AIG
$39.8B
| $1.62M | ﹤0.01% |
21,792
+13,895
| +176% | +$1.06M |
|
1214
Helix Energy Solutions
HLX
$1.53B
| $1.62M | ﹤0.01% |
+185,793
| New | +$1.79M |
|
1215
Dimensional International Value ETF
DFIV
$21.9B
| $1.62M | ﹤0.01% |
30,008
| – | – |
|
1216
Blue Bird Corp
BLBD
$1.96B
| $1.62M | ﹤0.01% |
20,495
-14,025
| -41% | -$952K |
|
1217
Adaptive Biotechnologies
ADPT
$4.15B
| $1.6M | ﹤0.01% |
74,732
-16,013
| -18% | -$245K |
|
1218
Boeing
BA
$169B
| $1.6M | ﹤0.01% |
7,385
+28
| +0.4% | +$6.23K |
|
1219
Inspire Medical Systems
INSP
$1.8B
| $1.6M | ﹤0.01% |
35,823
-51,910
| -59% | -$2.46M |
|
1220
Steven Madden
SHOO
$3.37B
| $1.6M | ﹤0.01% |
37,957
-91
| -0.2% | -$3.68K |
|
1221
Vanguard S&P Mid-Cap 400 ETF
IVOO
$3.87B
| $1.6M | ﹤0.01% |
12,246
| – | – |
|
|
CAI
1222
Caris Life Sciences
CAI
$7.42B
| $1.6M | ﹤0.01% |
89,535
-654,891
| -88% | -$11.7M |
|
1223
State Street SPDR Portfolio Emerging Markets ETF
SPEM
$17.7B
| $1.59M | ﹤0.01% |
30,705
| – | – |
|
1224
Sonos
SONO
$1.87B
| $1.57M | ﹤0.01% |
116,203
-51,818
| -31% | -$758K |
|
1225
Travere Therapeutics
TVTX
$6.19B
| $1.57M | ﹤0.01% |
27,628
-749
| -3% | -$33.2K |
|
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.