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 | |
|---|---|---|---|---|---|---|
101
Fox Class A
FOXA
$28.8B
| $16.9M | 0.17% |
398,637
+212,178
| +114% | +$8.24M |
|
102
Kinder Morgan
KMI
$69B
| $16.8M | 0.17% |
760,559
+308,980
| +68% | +$6.51M |
|
|
FISV
103
Fiserv Inc
FISV
$28B
| $16.5M | 0.17% |
91,902
+414
| +0.5% | +$68.3K |
|
104
nVent Electric
NVT
$24.6B
| $16.5M | 0.17% |
234,898
+87,385
| +59% | +$6.03M |
|
105
Carvana
CVNA
$76.9B
| $16.5M | 0.17% |
473,785
-950
| -0.2% | -$27.3K |
|
106
Willis Towers Watson
WTW
$31.8B
| $16.5M | 0.17% |
55,990
+3,765
| +7% | +$1.05M |
|
107
Leidos
LDOS
$17.7B
| $16.4M | 0.17% |
100,825
+9,445
| +10% | +$1.43M |
|
108
Occidental Petroleum
OXY
$61.3B
| $16.4M | 0.17% |
318,235
+256,682
| +417% | +$14.6M |
|
109
Southern Copper
SCCO
$182B
| $16.3M | 0.17% |
151,662
+28,046
| +23% | +$2.73M |
|
110
Mastercard
MA
$509B
| $16.2M | 0.17% |
32,809
+2,517
| +8% | +$1.17M |
|
111
Planet Fitness
PLNT
$4.09B
| $16.1M | 0.17% |
198,615
+18,588
| +10% | +$1.46M |
|
112
Micron Technology
MU
$1.09T
| $16.1M | 0.17% |
155,523
+82,303
| +112% | +$8.61M |
|
113
Qorvo
QRVO
$8.43B
| $16M | 0.17% |
155,271
+57,745
| +59% | +$6.49M |
|
114
Illinois Tool Works
ITW
$80.4B
| $15.9M | 0.16% |
60,840
-7,084
| -10% | -$1.74M |
|
115
Sysco
SYY
$40.2B
| $15.8M | 0.16% |
202,877
+74,028
| +57% | +$5.56M |
|
116
Pegasystems
PEGA
$5.52B
| $15.8M | 0.16% |
433,264
+109,822
| +34% | +$3.62M |
|
117
Jacobs Solutions
J
$17.6B
| $15.8M | 0.16% |
121,599
+37,881
| +45% | +$4.57M |
|
118
Valero Energy
VLO
$100B
| $15.6M | 0.16% |
115,649
+68,162
| +144% | +$9.9M |
|
|
DOCU
119
DocuSign
DOCU
$11.8B
| $15.5M | 0.16% |
249,004
+90,732
| +57% | +$5.08M |
|
120
Viatris
VTRS
$18.7B
| $15.4M | 0.16% |
1,326,588
+353,619
| +36% | +$4.08M |
|
121
EOG Resources
EOG
$80.3B
| $15.4M | 0.16% |
125,207
+28,648
| +30% | +$3.6M |
|
122
Assured Guaranty
AGO
$3.27B
| $15.4M | 0.16% |
193,543
+51,745
| +36% | +$4.08M |
|
123
Paycom
PAYC
$10.3B
| $15.4M | 0.16% |
92,199
+60,329
| +189% | +$9.65M |
|
124
Organon & Co
OGN
$3.61B
| $15.3M | 0.16% |
801,724
+89,538
| +13% | +$1.86M |
|
125
Pentair
PNR
$10.3B
| $15.3M | 0.16% |
156,743
+57,176
| +57% | +$4.89M |
|
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.