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 |
Tapestry
TPR
|
+$14.4M |
| 2 |
CNVR
CONVERSANT INC COM STK (DE)
CNVR
|
+$13.9M |
| 3 |
Pilgrim's Pride
PPC
|
+$12.6M |
| 4 |
WW
WW International
WW
|
+$12.1M |
| 5 |
URS
URS CORP
URS
|
+$11.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$26.5M |
| 2 |
GameStop
GME
|
+$16.7M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$15.1M |
| 4 |
Jabil
JBL
|
+$11.5M |
| 5 |
SGI
Somnigroup International
SGI
|
+$11.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 21.74% |
| 2 | Technology | 18.13% |
| 3 | Consumer Discretionary | 17.87% |
| 4 | Healthcare | 10.98% |
| 5 | Consumer Staples | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SWY
126
DELISTED
SAFEWAY INC
SWY
| $7.05M | 0.23% |
+246,061
| New | +$5.86M |
|
127
Genpact
G
$6.24B
| $7M | 0.23% |
370,912
+177,456
| +92% | +$3.54M |
|
|
SEM
128
DELISTED
Select Medical
SEM
| $6.99M | 0.23% |
1,608,332
-266,664
| -14% | -$1.22M |
|
129
Lockheed Martin
LMT
$130B
| $6.97M | 0.23% |
54,657
-11,843
| -18% | -$1.44M |
|
|
IGTE
130
DELISTED
IGATE CORPORATION
IGTE
| $6.93M | 0.23% |
249,825
+54,487
| +28% | +$1.25M |
|
131
General Dynamics
GD
$104B
| $6.9M | 0.22% |
78,812
-23,646
| -23% | -$2.01M |
|
|
FL
132
DELISTED
Foot Locker
FL
| $6.88M | 0.22% |
202,662
-13,816
| -6% | -$479K |
|
|
LLL
133
DELISTED
L3 Technologies, Inc.
LLL
| $6.78M | 0.22% |
71,761
+62,811
| +702% | +$5.79M |
|
134
Kimberly-Clark
KMB
$36.4B
| $6.75M | 0.22% |
74,737
+24,946
| +50% | +$2.31M |
|
135
Interparfums
IPAR
$3.7B
| $6.74M | 0.22% |
224,817
+99,110
| +79% | +$3.01M |
|
136
Carlisle Companies
CSL
$14.6B
| $6.74M | 0.22% |
95,813
+24,296
| +34% | +$1.64M |
|
137
Scansource
SCSC
$1.1B
| $6.73M | 0.22% |
194,676
+79,553
| +69% | +$2.7M |
|
|
BGG
138
DELISTED
Briggs & Stratton Corp.
BGG
| $6.73M | 0.22% |
334,440
+214,072
| +178% | +$4.32M |
|
|
BIG
139
DELISTED
Big Lots, Inc.
BIG
| $6.72M | 0.22% |
+181,096
| New | +$6.41M |
|
140
Unifirst Corp
UNF
$5.25B
| $6.7M | 0.22% |
64,204
+12,057
| +23% | +$1.19M |
|
|
BBBY
141
DELISTED
Bed Bath & Beyond Inc
BBBY
| $6.69M | 0.22% |
86,479
+79,317
| +1,107% | +$5.94M |
|
142
Archer Daniels Midland
ADM
$38.7B
| $6.66M | 0.22% |
180,876
+95,835
| +113% | +$3.49M |
|
143
Walmart Inc
WMT
$825B
| $6.63M | 0.22% |
268,734
+137,646
| +105% | +$3.47M |
|
144
Brink's
BCO
$4.59B
| $6.59M | 0.21% |
232,981
+104,781
| +82% | +$2.85M |
|
145
Matsons
MATX
$6.66B
| $6.58M | 0.21% |
250,782
+172,932
| +222% | +$4.79M |
|
|
HGG
146
DELISTED
hhgregg Inc.
HGG
| $6.5M | 0.21% |
362,925
+126,214
| +53% | +$2.18M |
|
147
Group 1 Automotive
GPI
$3.12B
| $6.5M | 0.21% |
83,614
+59,315
| +244% | +$4.42M |
|
|
MRO
148
DELISTED
Marathon Oil Corporation
MRO
| $6.46M | 0.21% |
185,103
+50,295
| +37% | +$1.79M |
|
149
Illinois Tool Works
ITW
$80.4B
| $6.43M | 0.21% |
84,290
+48,746
| +137% | +$3.56M |
|
|
HOT
150
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $6.41M | 0.21% |
96,531
+51,018
| +112% | +$3.38M |
|
Similar funds
Joel Greenblatt's Q3 2013 Portfolio in Review
As of Q3 2013, Joel Greenblatt held 1,022 positions worth $3.08B, up 32% from $2.33B the previous quarter. Its ten largest holdings account for 7.9% of the portfolio.
Joel Greenblatt deployed $539M of net new capital in Q3 2013, opening 183 new positions and adding to 402 existing holdings. Its largest new stake was Pilgrim's Pride: 761,966 shares worth $12.8M.
By sector, the portfolio is most concentrated in Industrials at 22% of assets, up from 22% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Wells Fargo, an estimated $26.5M trimmed.
- Joel Greenblatt's largest Q3 2013 buy was Pilgrim's Pride: 761,966 shares worth $12.8M.
- Joel Greenblatt added most to Tapestry in Q3 2013, an estimated $14.4M increase.
- Joel Greenblatt's biggest Q3 2013 reduction was Wells Fargo, cutting an estimated $26.5M.
- Joel Greenblatt fully exited SALIX PHARMACEUTICALS LTD DEL in Q3 2013, selling an estimated $8.43M.
- Joel Greenblatt's ten largest holdings make up 7.9% of its $3.08B portfolio in Q3 2013.
- Joel Greenblatt opened 183 new positions and closed 141 in Q3 2013.
- Joel Greenblatt's portfolio value rose 32% quarter-over-quarter to $3.08B.
Based on Gotham Asset Management's 13F filing for Q3 2013, filed 14 Nov 2013.