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 | |
|---|---|---|---|---|---|---|
1226
iShares Convertible Bond ETF
ICVT
$7.55B
| $295K | ﹤0.01% |
3,520
+107
| +3% | +$8.59K |
|
1227
State Street Blackstone Senior Loan ETF
SRLN
$5.45B
| $294K | ﹤0.01% |
7,052
+608
| +9% | +$25.3K |
|
1228
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.22B
| $294K | ﹤0.01% |
4,437
+193
| +5% | +$12.5K |
|
1229
Helen of Troy
HELE
$677M
| $294K | ﹤0.01% |
4,758
-4,213
| -47% | -$249K |
|
1230
VanEck Fallen Angel High Yield Bond ETF
ANGL
$3.13B
| $294K | ﹤0.01% |
10,003
+624
| +7% | +$18K |
|
1231
Grand Canyon Education
LOPE
$3.84B
| $294K | ﹤0.01% |
2,073
-10,508
| -84% | -$1.52M |
|
1232
Sensata Technologies
ST
$6.23B
| $294K | ﹤0.01% |
+8,191
| New | +$305K |
|
1233
Aspen Aerogels
ASPN
$430M
| $294K | ﹤0.01% |
+10,606
| New | +$265K |
|
1234
MSCI
MSCI
$41B
| $293K | ﹤0.01% |
503
-79
| -14% | -$42.8K |
|
1235
Global X US Preferred ETF
PFFD
$2.14B
| $291K | ﹤0.01% |
14,024
+584
| +4% | +$11.8K |
|
1236
Century Communities
CCS
$1.98B
| $291K | ﹤0.01% |
+2,828
| New | +$271K |
|
1237
Factset
FDS
$10.7B
| $291K | ﹤0.01% |
633
-2,652
| -81% | -$1.13M |
|
|
HSII
1238
DELISTED
Heidrick & Struggles
HSII
| $291K | ﹤0.01% |
+7,486
| New | +$271K |
|
1239
Shopify
SHOP
$192B
| $291K | ﹤0.01% |
3,628
-5,946
| -62% | -$411K |
|
1240
Air Products & Chemicals
APD
$67.9B
| $290K | ﹤0.01% |
974
+182
| +23% | +$49.8K |
|
1241
Fluor
FLR
$7.01B
| $290K | ﹤0.01% |
+6,078
| New | +$287K |
|
1242
Quest Diagnostics
DGX
$27B
| $290K | ﹤0.01% |
1,866
-4,879
| -72% | -$729K |
|
1243
Donnelley Financial Solutions
DFIN
$1.19B
| $290K | ﹤0.01% |
4,400
-252
| -5% | -$16.4K |
|
1244
Quanex
NX
$931M
| $290K | ﹤0.01% |
10,433
+1,190
| +13% | +$33.8K |
|
1245
VanEck Semiconductor ETF
SMH
$68.6B
| $288K | ﹤0.01% |
+1,174
| New | +$285K |
|
1246
Shutterstock
SSTK
$197M
| $287K | ﹤0.01% |
8,112
-7,571
| -48% | -$279K |
|
1247
Clover Health Investments
CLOV
$2.2B
| $286K | ﹤0.01% |
+101,419
| New | +$232K |
|
1248
The Bancorp
TBBK
$2.74B
| $286K | ﹤0.01% |
5,342
| – | – |
|
1249
Hafnia
HAFN
$4.08B
| $286K | ﹤0.01% |
+39,894
| New | +$305K |
|
1250
Martin Marietta Materials
MLM
$32.1B
| $285K | ﹤0.01% |
530
-15,811
| -97% | -$8.55M |
|
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.