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 | |
|---|---|---|---|---|---|---|
1226
Fidelity MSCI Financials Index ETF
FNCL
$2.4B
| $1.57M | ﹤0.01% |
+20,450
| New | +$1.52M |
|
1227
PureCycle Technologies
PCT
$1.37B
| $1.56M | ﹤0.01% |
192,965
+11,496
| +6% | +$103K |
|
1228
Lifestance Health
LFST
$4.76B
| $1.56M | ﹤0.01% |
146,097
+90,226
| +161% | +$697K |
|
1229
BioCryst Pharmaceuticals
BCRX
$2.44B
| $1.56M | ﹤0.01% |
156,421
-156,540
| -50% | -$1.42M |
|
1230
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.8B
| $1.56M | ﹤0.01% |
31,080
+14,441
| +87% | +$726K |
|
1231
ZIM Integrated Shipping Services
ZIM
$3.4B
| $1.56M | ﹤0.01% |
60,000
| – | – |
|
1232
Vanguard Morningstar Small-Cap Value ETF
VBR
$38B
| $1.56M | ﹤0.01% |
6,418
+571
| +10% | +$133K |
|
1233
ImmunityBio
IBRX
$8.26B
| $1.54M | ﹤0.01% |
175,564
+163,427
| +1,347% | +$1.24M |
|
1234
Vanguard Russell 1000 Value ETF
VONV
$21.9B
| $1.53M | ﹤0.01% |
14,366
| – | – |
|
1235
LeMaitre Vascular
LMAT
$1.87B
| $1.52M | ﹤0.01% |
15,866
+6,386
| +67% | +$655K |
|
1236
Schwab High Yield Bond ETF
SCYB
$2.79B
| $1.52M | ﹤0.01% |
+58,150
| New | +$1.52M |
|
1237
Haemonetics
HAE
$4.95B
| $1.52M | ﹤0.01% |
20,289
-28,553
| -58% | -$1.83M |
|
1238
First American
FAF
$7.33B
| $1.52M | ﹤0.01% |
22,094
-2,054
| -9% | -$137K |
|
1239
Knife River
KNF
$3.76B
| $1.51M | ﹤0.01% |
18,110
-1,564
| -8% | -$129K |
|
1240
Nabors Industries
NBR
$1.37B
| $1.5M | ﹤0.01% |
17,914
+15,497
| +641% | +$1.44M |
|
1241
Upwork
UPWK
$1.08B
| $1.5M | ﹤0.01% |
179,175
-19,505
| -10% | -$185K |
|
1242
Napco Security Technologies
NSSC
$1.36B
| $1.5M | ﹤0.01% |
39,438
-6,644
| -14% | -$264K |
|
1243
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.22B
| $1.5M | ﹤0.01% |
22,251
| – | – |
|
1244
Wolverine World Wide
WWW
$1.72B
| $1.5M | ﹤0.01% |
90,484
-1,769
| -2% | -$29.9K |
|
1245
Viasat
VSAT
$10.3B
| $1.49M | ﹤0.01% |
16,558
-50
| -0.3% | -$3.31K |
|
1246
Matador Resources
MTDR
$7.22B
| $1.49M | ﹤0.01% |
29,860
| – | – |
|
1247
Lumen
LUMN
$6.13B
| $1.49M | ﹤0.01% |
+193,500
| New | +$1.7M |
|
1248
Stantec
STN
$8.33B
| $1.48M | ﹤0.01% |
21,461
-11,607
| -35% | -$936K |
|
1249
Guidewire Software
GWRE
$15.8B
| $1.48M | ﹤0.01% |
12,015
-106,608
| -90% | -$14.2M |
|
1250
Hartford Total Return Bond ETF
HTRB
$2.23B
| $1.47M | ﹤0.01% |
43,631
+1,902
| +5% | +$64.3K |
|
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.