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
|
+$123M |
| 2 |
NVIDIA
NVDA
|
+$47.4M |
| 3 |
ANSS
Ansys
ANSS
|
+$21.2M |
| 4 |
Gotham Enhanced 500 ETF
GSPY
|
+$20.9M |
| 5 |
Lincoln Electric
LECO
|
+$20.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Honeywell
HON
|
+$10.9M |
| 2 |
Duke Energy
DUK
|
+$10.2M |
| 3 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$9.29M |
| 4 |
MRSH
Marsh
MRSH
|
+$8.62M |
| 5 |
Incyte
INCY
|
+$7.89M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.91% |
| 2 | Industrials | 12.24% |
| 3 | Consumer Discretionary | 10.35% |
| 4 | Healthcare | 8.92% |
| 5 | Financials | 6.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1251
Cal-Maine
CALM
$3.87B
| $277K | ﹤0.01% |
+4,527
| New | +$269K |
|
|
SWI
1252
DELISTED
SolarWinds Corporation Common Stock
SWI
| $276K | ﹤0.01% |
22,886
+2,085
| +10% | +$24.1K |
|
1253
Genco Shipping & Trading
GNK
$1.16B
| $276K | ﹤0.01% |
+12,939
| New | +$278K |
|
|
JWN
1254
DELISTED
Nordstrom
JWN
| $272K | ﹤0.01% |
12,831
-9,720
| -43% | -$198K |
|
1255
GATX Corp
GATX
$6.25B
| $272K | ﹤0.01% |
2,052
| – | – |
|
1256
Liberty Energy
LBRT
$3.16B
| $271K | ﹤0.01% |
12,978
-13,844
| -52% | -$309K |
|
1257
State Street Blackstone Senior Loan ETF
SRLN
$5.45B
| $269K | ﹤0.01% |
6,444
+352
| +6% | +$14.7K |
|
1258
Williams Companies
WMB
$86.2B
| $269K | ﹤0.01% |
6,335
+61
| +1% | +$2.45K |
|
1259
Janus International
JBI
$697M
| $269K | ﹤0.01% |
21,309
-4,516
| -17% | -$63.1K |
|
1260
iShares Convertible Bond ETF
ICVT
$7.55B
| $268K | ﹤0.01% |
3,413
+136
| +4% | +$10.6K |
|
1261
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.22B
| $267K | ﹤0.01% |
4,244
+188
| +5% | +$11.9K |
|
1262
Jackson Financial
JXN
$8.8B
| $267K | ﹤0.01% |
3,594
| – | – |
|
1263
Northern Trust
NTRS
$33.6B
| $266K | ﹤0.01% |
3,166
+32
| +1% | +$2.69K |
|
1264
CarGurus
CARG
$3.28B
| $266K | ﹤0.01% |
10,142
-11,244
| -53% | -$268K |
|
1265
VanEck Fallen Angel High Yield Bond ETF
ANGL
$3.13B
| $265K | ﹤0.01% |
9,379
+588
| +7% | +$16.8K |
|
1266
Global X US Preferred ETF
PFFD
$2.14B
| $264K | ﹤0.01% |
13,440
+826
| +7% | +$16.2K |
|
1267
Skyward Specialty Insurance
SKWD
$2.31B
| $264K | ﹤0.01% |
7,296
+439
| +6% | +$15.9K |
|
1268
JELD-WEN Holding
JELD
$200M
| $264K | ﹤0.01% |
19,595
-3,483
| -15% | -$58.2K |
|
1269
GigaCloud Technology
GCT
$1.77B
| $263K | ﹤0.01% |
+8,654
| New | +$288K |
|
1270
CareTrust REIT
CTRE
$9.35B
| $262K | ﹤0.01% |
10,433
+1,139
| +12% | +$28.2K |
|
1271
NiSource
NI
$19.5B
| $261K | ﹤0.01% |
+9,072
| New | +$256K |
|
1272
ZipRecruiter
ZIP
$346M
| $261K | ﹤0.01% |
28,718
-8,293
| -22% | -$83.7K |
|
1273
Belden
BDC
$4.79B
| $260K | ﹤0.01% |
2,773
-429
| -13% | -$39K |
|
1274
Vivid Seats
SEAT
$77.5M
| $260K | ﹤0.01% |
+2,259
| New | +$246K |
|
1275
Grocery Outlet
GO
$1.15B
| $259K | ﹤0.01% |
11,722
-18,598
| -61% | -$441K |
|
Similar funds
Joel Greenblatt's Q2 2024 Portfolio in Review
As of Q2 2024, Joel Greenblatt held 1,531 positions worth $7.72B, up 17% from $6.62B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.17B of net new capital in Q2 2024, opening 165 new positions and adding to 726 existing holdings. Its largest new stake was monday.com: 92,920 shares worth $22.4M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Honeywell, an estimated $10.9M trimmed.
- Joel Greenblatt's largest Q2 2024 buy was monday.com: 92,920 shares worth $22.4M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $123M increase.
- Joel Greenblatt's biggest Q2 2024 reduction was Honeywell, cutting an estimated $10.9M.
- Joel Greenblatt fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $9.29M.
- Joel Greenblatt's ten largest holdings make up 25% of its $7.72B portfolio in Q2 2024.
- Joel Greenblatt opened 165 new positions and closed 124 in Q2 2024.
- Joel Greenblatt's portfolio value rose 17% quarter-over-quarter to $7.72B.
Based on Gotham Asset Management's 13F filing for Q2 2024, filed 14 Aug 2024.