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 | |
|---|---|---|---|---|---|---|
|
VTP
1251
Vanguard Total Inflation-Protection Securities ETF
VTP
$192M
| $1.47M | ﹤0.01% |
19,125
+1,646
| +9% | +$126K |
|
1252
First Trust NASDAQ Cybersecurity ETF
CIBR
$15B
| $1.47M | ﹤0.01% |
16,307
-7,941
| -33% | -$609K |
|
1253
Coeur Mining
CDE
$21.6B
| $1.45M | ﹤0.01% |
88,648
-89,962
| -50% | -$1.64M |
|
1254
Par Pacific Holdings
PARR
$3.96B
| $1.45M | ﹤0.01% |
25,794
-9,680
| -27% | -$576K |
|
1255
DHT Holdings
DHT
$3.2B
| $1.43M | ﹤0.01% |
86,713
-2,447
| -3% | -$43.7K |
|
|
ORLA
1256
DELISTED
Orla Mining
ORLA
| $1.43M | ﹤0.01% |
146,160
+116,202
| +388% | +$1.55M |
|
|
BLDP
1257
Ballard Power Systems
BLDP
$724M
| $1.42M | ﹤0.01% |
+365,265
| New | +$1.49M |
|
1258
Vanguard Consumer Staples ETF
VDC
$7.98B
| $1.41M | ﹤0.01% |
6,262
+1,364
| +28% | +$311K |
|
1259
Synopsys
SNPS
$76.2B
| $1.41M | ﹤0.01% |
3,154
-1,561
| -33% | -$734K |
|
1260
Kaiser Aluminum
KALU
$2.52B
| $1.41M | ﹤0.01% |
+7,186
| New | +$1.22M |
|
1261
Fidelity MSCI Consumer Staples Index ETF
FSTA
$1.43B
| $1.41M | ﹤0.01% |
+26,750
| New | +$1.42M |
|
1262
Cabot Corp
CBT
$4.4B
| $1.4M | ﹤0.01% |
15,371
-5,400
| -26% | -$441K |
|
1263
Ingles Markets
IMKTA
$1.61B
| $1.39M | ﹤0.01% |
15,691
+8,711
| +125% | +$779K |
|
1264
Madison Square Garden
MSGE
$3.78B
| $1.39M | ﹤0.01% |
17,153
-2,342
| -12% | -$160K |
|
1265
Credit Acceptance
CACC
$6.24B
| $1.39M | ﹤0.01% |
2,179
-21
| -1% | -$11.2K |
|
1266
GigaCloud Technology
GCT
$1.77B
| $1.38M | ﹤0.01% |
43,609
-10,228
| -19% | -$403K |
|
1267
Veracyte
VCYT
$3.4B
| $1.37M | ﹤0.01% |
23,339
-49,136
| -68% | -$2.06M |
|
1268
Cal-Maine
CALM
$3.87B
| $1.36M | ﹤0.01% |
16,913
-8,152
| -33% | -$629K |
|
1269
iShares Global Tech ETF
IXN
$9.23B
| $1.35M | ﹤0.01% |
9,358
| – | – |
|
1270
Argan
AGX
$7.03B
| $1.35M | ﹤0.01% |
1,691
+327
| +24% | +$218K |
|
1271
Visteon
VC
$2.83B
| $1.35M | ﹤0.01% |
13,564
-8,629
| -39% | -$943K |
|
1272
iShares MBS ETF
MBB
$39B
| $1.34M | ﹤0.01% |
14,226
| – | – |
|
|
TTAN
1273
ServiceTitan Inc
TTAN
$9.05B
| $1.34M | ﹤0.01% |
19,013
-3,673
| -16% | -$236K |
|
1274
Tidewater
TDW
$4.74B
| $1.34M | ﹤0.01% |
20,150
-11,840
| -37% | -$939K |
|
1275
iShares 7-10 Year Treasury Bond ETF
IEF
$43B
| $1.34M | ﹤0.01% |
14,177
+9,023
| +175% | +$854K |
|
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.