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
|
+$128M |
| 2 |
NVIDIA
NVDA
|
+$27.8M |
| 3 |
Duke Energy
DUK
|
+$18.4M |
| 4 |
MRO
Marathon Oil Corporation
MRO
|
+$13.2M |
| 5 |
Qorvo
QRVO
|
+$11.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Super Micro Computer
SMCI
|
+$15.8M |
| 2 |
J.M. Smucker
SJM
|
+$10.6M |
| 3 |
HOLX
Hologic
HOLX
|
+$10.1M |
| 4 |
SPLK
Splunk Inc
SPLK
|
+$9M |
| 5 |
Emerson Electric
EMR
|
+$8.46M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.24% |
| 2 | Industrials | 12.84% |
| 3 | Consumer Discretionary | 10.7% |
| 4 | Healthcare | 8.81% |
| 5 | Financials | 6.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1376
Avery Dennison
AVY
$13.9B
| – | – |
-1,519
| Closed | -$307K |
|
1377
BridgeBio Pharma
BBIO
$15.9B
| – | – |
-8,486
| Closed | -$343K |
|
1378
Biogen
BIIB
$32B
| – | – |
-3,684
| Closed | -$953K |
|
1379
BILL Holdings
BILL
$4.76B
| – | – |
-508,408
| Closed | -$5.08M |
|
1380
BioMarin Pharmaceuticals
BMRN
$12.9B
| – | – |
-2,446
| Closed | -$236K |
|
1381
BlueLinx
BXC
$665M
| – | – |
-2,073
| Closed | -$235K |
|
1382
Cal-Maine
CALM
$3.87B
| – | – |
-11,883
| Closed | -$682K |
|
1383
Church & Dwight Co
CHD
$23.4B
| – | – |
-4,718
| Closed | -$446K |
|
1384
Chewy
CHWY
$9.83B
| – | – |
-14,240
| Closed | -$336K |
|
1385
Cipher Digital
CIFR
$6.55B
| – | – |
-15,811
| Closed | -$65.3K |
|
|
CMA
1386
DELISTED
Comerica
CMA
| – | – |
-5,022
| Closed | -$280K |
|
1387
Concentrix
CNXC
$1.55B
| – | – |
-84,515
| Closed | -$8.3M |
|
1388
Americold
COLD
$4.35B
| – | – |
-11,703
| Closed | -$354K |
|
1389
Global X Copper Miners ETF NEW
COPX
$8.76B
| – | – |
-14,155
| Closed | -$2.91M |
|
1390
Comstock Resources
CRK
$4.18B
| – | – |
-22,586
| Closed | -$200K |
|
1391
Cavco Industries
CVCO
$4.48B
| – | – |
-1,379
| Closed | -$478K |
|
1392
Sprinklr
CXM
$1.73B
| – | – |
-13,770
| Closed | -$166K |
|
|
DEA
1393
Easterly Government Properties
DEA
$1.16B
| – | – |
-5,564
| Closed | -$187K |
|
1394
Diodes
DIOD
$4.33B
| – | – |
-13,059
| Closed | -$1.05M |
|
1395
Dolby
DLB
$6.11B
| – | – |
-21,432
| Closed | -$1.85M |
|
|
EB
1396
DELISTED
Eventbrite
EB
| – | – |
-13,321
| Closed | -$111K |
|
1397
Emergent Biosolutions
EBS
$260M
| – | – |
-10,797
| Closed | -$25.9K |
|
1398
Editas Medicine
EDIT
$478M
| – | – |
-43,408
| Closed | -$440K |
|
1399
Embecta
EMBC
$296M
| – | – |
-22,857
| Closed | -$433K |
|
1400
Enovix
ENVX
$742M
| – | – |
-53,199
| Closed | -$583K |
|
Similar funds
Joel Greenblatt's Q1 2024 Portfolio in Review
As of Q1 2024, Joel Greenblatt held 1,490 positions worth $6.62B, up 23% from $5.39B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $697M of net new capital in Q1 2024, opening 166 new positions and adding to 708 existing holdings. Its largest new stake was Qorvo: 104,363 shares worth $12M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 18% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Super Micro Computer, an estimated $15.8M trimmed.
- Joel Greenblatt's largest Q1 2024 buy was Qorvo: 104,363 shares worth $12M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $128M increase.
- Joel Greenblatt's biggest Q1 2024 reduction was Super Micro Computer, cutting an estimated $15.8M.
- Joel Greenblatt fully exited Splunk Inc in Q1 2024, selling an estimated $9M.
- Joel Greenblatt's ten largest holdings make up 25% of its $6.62B portfolio in Q1 2024.
- Joel Greenblatt opened 166 new positions and closed 124 in Q1 2024.
- Joel Greenblatt's portfolio value rose 23% quarter-over-quarter to $6.62B.
Based on Gotham Asset Management's 13F filing for Q1 2024, filed 15 May 2024.