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 | |
|---|---|---|---|---|---|---|
151
Molson Coors Class B
TAP
$8.12B
| $11M | 0.14% |
215,480
+70,348
| +48% | +$4.07M |
|
152
Parker-Hannifin
PH
$127B
| $10.9M | 0.14% |
21,647
-1,591
| -7% | -$853K |
|
153
Assured Guaranty
AGO
$3.29B
| $10.9M | 0.14% |
141,798
+54,809
| +63% | +$4.28M |
|
154
Accenture
ACN
$114B
| $10.9M | 0.14% |
36,009
+4,998
| +16% | +$1.53M |
|
155
Bath & Body Works
BBWI
$3.86B
| $10.9M | 0.14% |
277,978
+104,169
| +60% | +$4.78M |
|
156
Genuine Parts
GPC
$18.6B
| $10.9M | 0.14% |
78,470
+27,591
| +54% | +$4.12M |
|
157
American Homes 4 Rent
AMH
$12.4B
| $10.8M | 0.14% |
291,532
+65,595
| +29% | +$2.36M |
|
158
Veralto
VLTO
$24.1B
| $10.8M | 0.14% |
113,342
-6,120
| -5% | -$585K |
|
159
Eli Lilly
LLY
$1.11T
| $10.8M | 0.14% |
11,949
+2,065
| +21% | +$1.65M |
|
160
Ingredion
INGR
$6.73B
| $10.8M | 0.14% |
94,281
+28,559
| +43% | +$3.3M |
|
161
MGM Resorts International
MGM
$11B
| $10.8M | 0.14% |
243,079
+79,069
| +48% | +$3.31M |
|
162
Vanguard Morningstar Growth ETF
VUG
$225B
| $10.8M | 0.14% |
172,914
+39,582
| +30% | +$2.31M |
|
163
Emerson Electric
EMR
$87.5B
| $10.8M | 0.14% |
97,733
+23,646
| +32% | +$2.61M |
|
164
Keurig Dr Pepper
KDP
$44.3B
| $10.8M | 0.14% |
322,249
-87,788
| -21% | -$2.91M |
|
165
Centene
CNC
$32.2B
| $10.7M | 0.14% |
161,657
+68,914
| +74% | +$5.01M |
|
166
Prologis
PLD
$135B
| $10.7M | 0.14% |
95,071
+44,382
| +88% | +$4.92M |
|
167
KLA
KLAC
$235B
| $10.7M | 0.14% |
129,400
+4,310
| +3% | +$318K |
|
168
Danaher
DHR
$152B
| $10.7M | 0.14% |
42,645
+11,750
| +38% | +$2.97M |
|
169
Omega Healthcare
OHI
$14.1B
| $10.6M | 0.14% |
308,997
+75,196
| +32% | +$2.37M |
|
170
LyondellBasell Industries
LYB
$21.1B
| $10.6M | 0.14% |
110,460
-26,268
| -19% | -$2.61M |
|
171
Charles River Laboratories
CRL
$14.1B
| $10.6M | 0.14% |
51,123
+28,064
| +122% | +$6.36M |
|
172
Fastenal
FAST
$59.2B
| $10.5M | 0.14% |
335,568
+179,394
| +115% | +$6.05M |
|
173
Marriott International
MAR
$93.4B
| $10.5M | 0.14% |
43,516
+17,490
| +67% | +$4.2M |
|
174
W.W. Grainger
GWW
$62.3B
| $10.5M | 0.14% |
11,622
+4,954
| +74% | +$4.66M |
|
175
Chemed
CHE
$7.08B
| $10.5M | 0.14% |
19,272
+8,682
| +82% | +$4.97M |
|
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.