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 | |
|---|---|---|---|---|---|---|
1301
Garrett Motion
GTX
$4.96B
| $1.24M | ﹤0.01% |
34,214
-2,782
| -8% | -$77.4K |
|
1302
Take-Two Interactive
TTWO
$44.8B
| $1.24M | ﹤0.01% |
4,957
+1,051
| +27% | +$232K |
|
1303
VanEck Gold Miners ETF
GDX
$31.8B
| $1.24M | ﹤0.01% |
16,396
| – | – |
|
1304
Capital Group US Multi-Sector Income ETF
CGMS
$5.43B
| $1.24M | ﹤0.01% |
45,238
+15,808
| +54% | +$435K |
|
1305
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.4B
| $1.23M | ﹤0.01% |
23,924
+4,609
| +24% | +$236K |
|
1306
Strategic Education
STRA
$1.85B
| $1.22M | ﹤0.01% |
15,874
-5,657
| -26% | -$447K |
|
1307
SPX Corp
SPXC
$10.4B
| $1.21M | ﹤0.01% |
4,942
-178
| -3% | -$38.9K |
|
1308
Clarivate
CLVT
$1.33B
| $1.21M | ﹤0.01% |
560,031
-939,606
| -63% | -$2.3M |
|
1309
TFI International
TFII
$11.6B
| $1.21M | ﹤0.01% |
8,411
-496
| -6% | -$70K |
|
1310
Privia Health
PRVA
$2.7B
| $1.2M | ﹤0.01% |
46,822
-30,147
| -39% | -$698K |
|
|
ORC
1311
Orchid Island Capital
ORC
$1.33B
| $1.19M | ﹤0.01% |
170,421
+24,000
| +16% | +$165K |
|
1312
Sally Beauty Holdings
SBH
$1.55B
| $1.19M | ﹤0.01% |
83,919
-52,381
| -38% | -$706K |
|
1313
Invesco S&P 500 Low Volatility ETF
SPLV
$7.07B
| $1.16M | ﹤0.01% |
15,518
| – | – |
|
1314
Scholastic
SCHL
$757M
| $1.16M | ﹤0.01% |
+25,261
| New | +$1.04M |
|
1315
Immunovant
IMVT
$9.16B
| $1.16M | ﹤0.01% |
+30,100
| New | +$917K |
|
1316
Selective Insurance
SIGI
$5.45B
| $1.16M | ﹤0.01% |
11,943
-1,543
| -11% | -$133K |
|
1317
California Resources
CRC
$4.73B
| $1.15M | ﹤0.01% |
21,795
-20,758
| -49% | -$1.28M |
|
1318
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.59B
| $1.15M | ﹤0.01% |
11,890
| – | – |
|
1319
Descartes Systems
DSGX
$6.7B
| $1.15M | ﹤0.01% |
16,638
-20,122
| -55% | -$1.44M |
|
1320
First Trust Value Line Dividend Fund
FVD
$8.3B
| $1.15M | ﹤0.01% |
23,810
| – | – |
|
1321
Benchmark Electronics
BHE
$2.61B
| $1.14M | ﹤0.01% |
11,595
-6,533
| -36% | -$521K |
|
1322
Ligand Pharmaceuticals
LGND
$5.71B
| $1.14M | ﹤0.01% |
3,610
-562
| -13% | -$132K |
|
1323
iShares MSCI EAFE Growth ETF
EFG
$17.2B
| $1.14M | ﹤0.01% |
9,156
| – | – |
|
1324
Nordic American Tanker
NAT
$1.48B
| $1.13M | ﹤0.01% |
204,719
+170,208
| +493% | +$964K |
|
1325
VanEck Junior Gold Miners ETF
GDXJ
$9.69B
| $1.13M | ﹤0.01% |
11,532
| – | – |
|
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.