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
|
+$310M |
| 2 |
General Dynamics
GD
|
+$22.4M |
| 3 |
Gotham 1000 Value ETF
GVLU
|
+$21.7M |
| 4 |
Apple
AAPL
|
+$21.5M |
| 5 |
SLB Ltd
SLB
|
+$16.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MRO
Marathon Oil Corporation
MRO
|
+$24.5M |
| 2 |
NVIDIA
NVDA
|
+$24.3M |
| 3 |
Applovin
APP
|
+$21.5M |
| 4 |
Devon Energy
DVN
|
+$17.5M |
| 5 |
Carvana
CVNA
|
+$11.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.72% |
| 2 | Industrials | 11.59% |
| 3 | Consumer Discretionary | 10.28% |
| 4 | Healthcare | 8.66% |
| 5 | Financials | 6.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MZTI
1476
The Marzetti Company
MZTI
$3.06B
| – | – |
-7,055
| Closed | -$1.25M |
|
|
LAZR
1477
DELISTED
Luminar Technologies
LAZR
| – | – |
-5,986
| Closed | -$80.8K |
|
1478
Lucid Motors
LCID
$2.17B
| – | – |
-51,347
| Closed | -$1.81M |
|
1479
Grand Canyon Education
LOPE
$3.84B
| – | – |
-2,073
| Closed | -$294K |
|
1480
ManpowerGroup
MAN
$2.86B
| – | – |
-14,448
| Closed | -$1.06M |
|
1481
MongoDB
MDB
$34.7B
| – | – |
-1,483
| Closed | -$401K |
|
1482
MGP Ingredients
MGPI
$387M
| – | – |
-3,142
| Closed | -$262K |
|
1483
Mirion Technologies
MIR
$3.69B
| – | – |
-29,010
| Closed | -$321K |
|
1484
Martin Marietta Materials
MLM
$32.1B
| – | – |
-530
| Closed | -$285K |
|
1485
Merit Medical Systems
MMSI
$5.42B
| – | – |
-7,973
| Closed | -$788K |
|
1486
MSCI
MSCI
$41B
| – | – |
-503
| Closed | -$293K |
|
1487
Middlesex Water
MSEX
$1.1B
| – | – |
-4,127
| Closed | -$269K |
|
1488
Meritage Homes
MTH
$4.67B
| – | – |
-2,248
| Closed | -$230K |
|
1489
Materion
MTRN
$4.83B
| – | – |
-2,137
| Closed | -$239K |
|
1490
Noble Corp
NE
$7.39B
| – | – |
-21,845
| Closed | -$789K |
|
1491
National Healthcare
NHC
$3.66B
| – | – |
-2,139
| Closed | -$269K |
|
1492
NNN REIT
NNN
$8.8B
| – | – |
-6,461
| Closed | -$313K |
|
1493
Insperity
NSP
$2.02B
| – | – |
-5,289
| Closed | -$465K |
|
1494
NETSCOUT
NTCT
$2.8B
| – | – |
-17,417
| Closed | -$379K |
|
1495
Enviri
NVRI
$582M
| – | – |
-13,848
| Closed | -$143K |
|
1496
Quanex
NX
$931M
| – | – |
-10,433
| Closed | -$290K |
|
|
ODP
1497
DELISTED
ODP
ODP
| – | – |
-31,389
| Closed | -$934K |
|
|
ACH
1498
Accendra Health
ACH
$92.3M
| – | – |
-24,276
| Closed | -$381K |
|
1499
Opko Health
OPK
$1.1B
| – | – |
-39,505
| Closed | -$58.9K |
|
1500
Outfront Media
OUT
$5.25B
| – | – |
-65,514
| Closed | -$1.19M |
|
Similar funds
Joel Greenblatt's Q4 2024 Portfolio in Review
As of Q4 2024, Joel Greenblatt held 1,557 positions worth $10.5B, up 9.1% from $9.67B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Joel Greenblatt deployed $892M of net new capital in Q4 2024, opening 155 new positions and adding to 628 existing holdings. Its largest new stake was Talen Energy Corp: 36,437 shares worth $7.34M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, down from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was NVIDIA, an estimated $24.3M trimmed.
- Joel Greenblatt's largest Q4 2024 buy was Talen Energy Corp: 36,437 shares worth $7.34M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q4 2024, an estimated $310M increase.
- Joel Greenblatt's biggest Q4 2024 reduction was NVIDIA, cutting an estimated $24.3M.
- Joel Greenblatt fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $24.5M.
- Joel Greenblatt's ten largest holdings make up 27% of its $10.5B portfolio in Q4 2024.
- Joel Greenblatt opened 155 new positions and closed 136 in Q4 2024.
- Joel Greenblatt's portfolio value rose 9.1% quarter-over-quarter to $10.5B.
Based on Gotham Asset Management's 13F filing for Q4 2024, filed 14 Feb 2025.