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 | |
|---|---|---|---|---|---|---|
101
SS&C Technologies
SSNC
$19.5B
| $63.4M | 0.15% |
1,021,270
+515,155
| +102% | +$35M |
|
102
Mid-America Apartment Communities
MAA
$15.2B
| $63.4M | 0.15% |
456,075
+75,970
| +20% | +$9.91M |
|
103
GoDaddy
GDDY
$12.3B
| $63.3M | 0.15% |
745,244
+296,546
| +66% | +$25M |
|
104
BorgWarner
BWA
$13.8B
| $63.1M | 0.15% |
950,255
-116,271
| -11% | -$7.36M |
|
105
MasTec
MTZ
$21.4B
| $63.1M | 0.15% |
151,587
-19,183
| -11% | -$7.33M |
|
106
DT Midstream
DTM
$12.9B
| $63M | 0.15% |
429,489
+87,824
| +26% | +$12.4M |
|
107
Dillards
DDS
$9.71B
| $62.9M | 0.15% |
119,001
+16,657
| +16% | +$9.62M |
|
108
Illumina
ILMN
$33.1B
| $62.6M | 0.15% |
356,183
+14,247
| +4% | +$2.09M |
|
109
Neurocrine Biosciences
NBIX
$15.5B
| $62.6M | 0.15% |
371,568
+11,432
| +3% | +$1.7M |
|
110
Mueller Industries
MLI
$14B
| $62.3M | 0.15% |
1,013,874
+160,370
| +19% | +$10.5M |
|
111
Steris
STE
$23.2B
| $62.3M | 0.15% |
295,898
+198,194
| +203% | +$42.5M |
|
112
Dropbox
DBX
$7.5B
| $61.5M | 0.14% |
2,238,153
+1,060,964
| +90% | +$27.3M |
|
113
iShares Core US Aggregate Bond ETF
AGG
$138B
| $61M | 0.14% |
616,188
+8,427
| +1% | +$834K |
|
114
iShares Russell 1000 ETF
IWB
$49.3B
| $60.8M | 0.14% |
148,358
+20,569
| +16% | +$8.15M |
|
115
Duke Energy
DUK
$93.4B
| $60.7M | 0.14% |
479,341
-14,390
| -3% | -$1.82M |
|
116
Emcor
EME
$34.3B
| $60.6M | 0.14% |
73,030
-1,865
| -2% | -$1.58M |
|
117
Biogen
BIIB
$32B
| $60.5M | 0.14% |
279,900
-18,537
| -6% | -$3.55M |
|
118
Cummins
CMI
$80.9B
| $60.3M | 0.14% |
84,478
+11,023
| +15% | +$7.26M |
|
119
Boyd Gaming
BYD
$5.87B
| $60.2M | 0.14% |
681,249
-176,787
| -21% | -$15M |
|
120
Antero Midstream
AM
$10.5B
| $60.2M | 0.14% |
2,644,371
+477,467
| +22% | +$10.4M |
|
121
General Motors
GM
$77.2B
| $60M | 0.14% |
778,654
-46,373
| -6% | -$3.64M |
|
122
Reynolds Consumer Products
REYN
$5.37B
| $59.9M | 0.14% |
2,230,463
+1,157,525
| +108% | +$25.8M |
|
123
Cardinal Health
CAH
$53.4B
| $59.7M | 0.14% |
251,494
+74,298
| +42% | +$15.4M |
|
124
Curtiss-Wright
CW
$23.5B
| $59.7M | 0.14% |
78,769
+6,897
| +10% | +$5.05M |
|
125
Johnson Controls International
JCI
$86.7B
| $59.7M | 0.14% |
408,397
-3,172
| -0.8% | -$448K |
|
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.