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 | |
|---|---|---|---|---|---|---|
1351
Citizens Financial Group
CFG
$29.4B
| $1.03M | ﹤0.01% |
14,708
-274
| -2% | -$17.7K |
|
1352
IPG Photonics
IPGP
$3.12B
| $1.03M | ﹤0.01% |
8,780
-1,488
| -14% | -$171K |
|
1353
SPS Commerce
SPSC
$2.92B
| $1.03M | ﹤0.01% |
18,010
+10,932
| +154% | +$603K |
|
1354
JPMorgan Active Growth ETF
JGRO
$9.88B
| $1.03M | ﹤0.01% |
10,440
| – | – |
|
1355
AAR Corp
AIR
$5.43B
| $1.03M | ﹤0.01% |
7,188
+3,317
| +86% | +$392K |
|
1356
Texas Roadhouse
TXRH
$13.4B
| $1.02M | ﹤0.01% |
+5,269
| New | +$897K |
|
1357
Franklin Short Duration US Government ETF
FTSD
$316M
| $1.01M | ﹤0.01% |
11,185
+98
| +0.9% | +$8.86K |
|
1358
Vanguard FTSE Europe ETF
VGK
$31.2B
| $1.01M | ﹤0.01% |
11,351
| – | – |
|
1359
Invesco S&P 100 Equal Weight ETF
EQWL
$2.81B
| $999K | ﹤0.01% |
7,742
| – | – |
|
1360
Diodes
DIOD
$4.33B
| $997K | ﹤0.01% |
9,110
-2,078
| -19% | -$211K |
|
1361
LSB Industries
LXU
$801M
| $995K | ﹤0.01% |
+92,000
| New | +$1.23M |
|
1362
Trinity Capital Inc
TRIN
$1.74B
| $992K | ﹤0.01% |
55,455
| – | – |
|
1363
Lightpath Technologies
LPTH
$905M
| $991K | ﹤0.01% |
60,589
+35,242
| +139% | +$492K |
|
1364
Xeris Biopharma Holdings
XERS
$1.59B
| $981K | ﹤0.01% |
123,914
+80,657
| +186% | +$515K |
|
1365
Ziff Davis
ZD
$1.92B
| $980K | ﹤0.01% |
18,704
-15,033
| -45% | -$680K |
|
1366
Addus HomeCare
ADUS
$2.26B
| $978K | ﹤0.01% |
+9,738
| New | +$919K |
|
1367
Griffon
GFF
$4.55B
| $969K | ﹤0.01% |
9,936
-3,291
| -25% | -$287K |
|
1368
Avient
AVNT
$4.1B
| $969K | ﹤0.01% |
26,206
-3,815
| -13% | -$138K |
|
1369
Array Technologies
ARRY
$722M
| $958K | ﹤0.01% |
129,326
| – | – |
|
1370
Novanta
NOVT
$5.49B
| $951K | ﹤0.01% |
+5,863
| New | +$848K |
|
1371
Granite Construction
GVA
$5.5B
| $946K | ﹤0.01% |
5,986
+236
| +4% | +$32.1K |
|
1372
Korn Ferry
KFY
$4.37B
| $946K | ﹤0.01% |
14,210
-6,987
| -33% | -$473K |
|
1373
iShares MSCI China ETF
MCHI
$6.3B
| $939K | ﹤0.01% |
18,409
+8,340
| +83% | +$467K |
|
1374
Seneca Foods Class A
SENEA
$1.31B
| $938K | ﹤0.01% |
5,394
+723
| +15% | +$107K |
|
1375
Vita Coco
COCO
$3.67B
| $937K | ﹤0.01% |
14,171
+2,025
| +17% | +$137K |
|
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.