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 | |
|---|---|---|---|---|---|---|
1301
NOV
NOV
$7.28B
| $229K | ﹤0.01% |
12,057
-9,279
| -43% | -$174K |
|
1302
Standex International
SXI
$3.76B
| $229K | ﹤0.01% |
1,422
-31
| -2% | -$5.25K |
|
1303
C3.ai
AI
$1.6B
| $227K | ﹤0.01% |
+7,837
| New | +$201K |
|
1304
CoreCivic
CXW
$3.36B
| $227K | ﹤0.01% |
17,465
+863
| +5% | +$12.6K |
|
1305
Colliers International
CIGI
$5.47B
| $226K | ﹤0.01% |
+2,028
| New | +$226K |
|
|
BECN
1306
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $226K | ﹤0.01% |
2,501
-15,813
| -86% | -$1.53M |
|
1307
Mercury Insurance
MCY
$5.85B
| $226K | ﹤0.01% |
+4,247
| New | +$230K |
|
1308
Progyny
PGNY
$1.97B
| $225K | ﹤0.01% |
+7,867
| New | +$237K |
|
1309
MannKind Corp
MNKD
$1.33B
| $223K | ﹤0.01% |
42,778
+22,861
| +115% | +$104K |
|
1310
National Healthcare
NHC
$3.66B
| $222K | ﹤0.01% |
2,049
-749
| -27% | -$73K |
|
1311
SiteOne Landscape Supply
SITE
$4.19B
| $221K | ﹤0.01% |
+1,824
| New | +$276K |
|
|
SEMR
1312
DELISTED
Semrush
SEMR
| $221K | ﹤0.01% |
+16,492
| New | +$229K |
|
1313
Warner Bros
WBD
$71.6B
| $220K | ﹤0.01% |
29,624
-144,971
| -83% | -$1.16M |
|
1314
Fortrea Holdings
FTRE
$1.75B
| $220K | ﹤0.01% |
9,422
-9,246
| -50% | -$287K |
|
1315
Rivian
RIVN
$24.6B
| $220K | ﹤0.01% |
+16,362
| New | +$171K |
|
1316
Sun Life Financial
SLF
$44B
| $218K | ﹤0.01% |
4,459
-2,741
| -38% | -$139K |
|
1317
Par Pacific Holdings
PARR
$3.96B
| $218K | ﹤0.01% |
8,645
-2,227
| -20% | -$65.8K |
|
1318
Mirion Technologies
MIR
$3.69B
| $216K | ﹤0.01% |
20,113
+9,418
| +88% | +$100K |
|
1319
International Bancshares
IBOC
$4.45B
| $216K | ﹤0.01% |
3,767
-504
| -12% | -$28.4K |
|
1320
Meritage Homes
MTH
$4.67B
| $215K | ﹤0.01% |
+2,660
| New | +$224K |
|
1321
Harley-Davidson
HOG
$2.93B
| $215K | ﹤0.01% |
6,417
-43,296
| -87% | -$1.57M |
|
1322
Casey's General Stores
CASY
$30.9B
| $215K | ﹤0.01% |
+564
| New | +$188K |
|
1323
Tetra Tech
TTEK
$9.47B
| $215K | ﹤0.01% |
5,260
-65,180
| -93% | -$2.66M |
|
1324
KeyCorp
KEY
$23.3B
| $215K | ﹤0.01% |
15,111
-16,792
| -53% | -$244K |
|
1325
Goosehead Insurance
GSHD
$2.58B
| $214K | ﹤0.01% |
+3,734
| New | +$224K |
|
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.