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 | |
|---|---|---|---|---|---|---|
151
Walmart Inc
WMT
$825B
| $15.7M | 0.15% |
173,430
-2,131
| -1% | -$185K |
|
152
Kinder Morgan
KMI
$69B
| $15.6M | 0.15% |
569,874
-190,685
| -25% | -$4.97M |
|
153
TJX Companies
TJX
$155B
| $15.6M | 0.15% |
129,220
+36,332
| +39% | +$4.34M |
|
154
Essex Property Trust
ESS
$18.6B
| $15.6M | 0.15% |
54,681
+18,251
| +50% | +$5.39M |
|
155
Bristol-Myers Squibb
BMY
$137B
| $15.6M | 0.15% |
275,542
-61,467
| -18% | -$3.43M |
|
156
Eaton
ETN
$163B
| $15.6M | 0.15% |
46,904
+5,308
| +13% | +$1.86M |
|
157
Cisco
CSCO
$438B
| $15.4M | 0.15% |
260,334
-72,844
| -22% | -$4.16M |
|
158
Evergy
EVRG
$18.7B
| $15.4M | 0.15% |
250,199
+72,126
| +41% | +$4.46M |
|
159
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $15.4M | 0.15% |
87,672
+19,521
| +29% | +$3.53M |
|
160
DT Midstream
DTM
$12.9B
| $15.3M | 0.15% |
154,066
+2,806
| +2% | +$267K |
|
161
Thermo Fisher Scientific
TMO
$233B
| $15.3M | 0.14% |
29,351
+5,944
| +25% | +$3.27M |
|
162
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.8B
| $15.2M | 0.14% |
166,548
+136,448
| +453% | +$12.5M |
|
163
Johnson Controls International
JCI
$86.7B
| $15.2M | 0.14% |
192,565
+140,194
| +268% | +$11.2M |
|
164
Generac Holdings
GNRC
$12.2B
| $15.2M | 0.14% |
97,914
+16,154
| +20% | +$2.79M |
|
165
KBR
KBR
$4.86B
| $15.2M | 0.14% |
261,621
+120,728
| +86% | +$7.7M |
|
166
Trimble
TRMB
$14B
| $15.1M | 0.14% |
214,295
+9,652
| +5% | +$656K |
|
167
Veralto
VLTO
$24.1B
| $15.1M | 0.14% |
147,993
+27,531
| +23% | +$2.93M |
|
168
SS&C Technologies
SSNC
$19.5B
| $15.1M | 0.14% |
198,844
+3,990
| +2% | +$299K |
|
169
Wyndham Hotels & Resorts
WH
$5.54B
| $15.1M | 0.14% |
149,422
+3,041
| +2% | +$282K |
|
170
ServiceNow
NOW
$133B
| $14.9M | 0.14% |
70,245
-8,985
| -11% | -$1.82M |
|
171
General Mills
GIS
$21.4B
| $14.8M | 0.14% |
232,214
+87,400
| +60% | +$5.86M |
|
172
Churchill Downs
CHDN
$6.53B
| $14.8M | 0.14% |
110,690
+85,438
| +338% | +$11.8M |
|
173
FMC
FMC
$1.38B
| $14.8M | 0.14% |
303,618
-7,007
| -2% | -$409K |
|
174
Old Republic International
ORI
$10B
| $14.6M | 0.14% |
404,481
+71,565
| +21% | +$2.61M |
|
175
Dentsply Sirona
XRAY
$2.18B
| $14.6M | 0.14% |
770,809
+60,111
| +8% | +$1.27M |
|
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.