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 |
Amazon
AMZN
|
+$24.8M |
| 2 |
Microsoft
MSFT
|
+$18.9M |
| 3 |
Meta Platforms (Facebook)
META
|
+$18.4M |
| 4 |
Automatic Data Processing
ADP
|
+$17.1M |
| 5 |
Lowe's Companies
LOW
|
+$14.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TJX Companies
TJX
|
+$31M |
| 2 |
RTN
Raytheon Company
RTN
|
+$25.8M |
| 3 |
Chevron
CVX
|
+$24.2M |
| 4 |
Booking.com
BKNG
|
+$21.7M |
| 5 |
Stanley Black & Decker
SWK
|
+$20.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.28% |
| 2 | Industrials | 14.47% |
| 3 | Healthcare | 14.21% |
| 4 | Consumer Discretionary | 13.47% |
| 5 | Consumer Staples | 8.58% |
Similar funds
Joel Greenblatt's Q2 2020 Portfolio in Review
As of Q2 2020, Joel Greenblatt held 1,266 positions worth $3.34B, down 7.2% from $3.6B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Joel Greenblatt withdrew a net $964M in Q2 2020, closing 223 positions and reducing 569 holdings. Its most notable exit was TJX Companies, an estimated $31M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 16% a quarter earlier, followed by Industrials and Healthcare.
Against the trend, Joel Greenblatt opened a new position in Cardinal Health worth $7.52M.
- Joel Greenblatt's largest Q2 2020 buy was Cardinal Health: 144,065 shares worth $7.52M.
- Joel Greenblatt added most to Amazon in Q2 2020, an estimated $24.8M increase.
- Joel Greenblatt's biggest Q2 2020 reduction was Chevron, cutting an estimated $24.2M.
- Joel Greenblatt fully exited TJX Companies in Q2 2020, selling an estimated $31M.
- Joel Greenblatt's ten largest holdings make up 13% of its $3.34B portfolio in Q2 2020.
- Joel Greenblatt opened 211 new positions and closed 223 in Q2 2020.
- Joel Greenblatt's portfolio value fell 7.2% quarter-over-quarter to $3.34B.
Based on Gotham Asset Management's 13F filing for Q2 2020, filed 13 Aug 2020.