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 |
CBI
Chicago Bridge & Iron Nv
CBI
|
+$54.1M |
| 2 |
TW
TOWERS WATSON & CO COM STK CL A (DE)
TW
|
+$42.9M |
| 3 |
Teradata
TDC
|
+$40.2M |
| 4 |
Delta Air Lines
DAL
|
+$39.9M |
| 5 |
Monster Beverage
MNST
|
+$37.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$53.1M |
| 2 |
News Corp Class B
NWS
|
+$33.3M |
| 3 |
SLXP
SALIX PHARMACEUTICALS LTD DEL
SLXP
|
+$31.9M |
| 4 |
C.H. Robinson
CHRW
|
+$30.5M |
| 5 |
IM
Ingram Micro
IM
|
+$26.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 23.69% |
| 2 | Technology | 19.82% |
| 3 | Consumer Discretionary | 19.24% |
| 4 | Consumer Staples | 12.32% |
| 5 | Healthcare | 9.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PRXL
176
DELISTED
Parexel International Corp
PRXL
| $15.2M | 0.19% |
287,113
+183,571
| +177% | +$9.21M |
|
|
AXLL
177
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $15.1M | 0.19% |
+319,544
| New | +$14.8M |
|
|
RTN
178
DELISTED
Raytheon Company
RTN
| $15M | 0.19% |
162,871
-8,912
| -5% | -$864K |
|
|
WCN
179
Waste Connections
WCN
$42.6B
| $15M | 0.19% |
463,440
+72,480
| +19% | +$2.18M |
|
|
NTUS
180
DELISTED
Natus Medical Inc
NTUS
| $15M | 0.19% |
595,883
-604
| -0.1% | -$14.9K |
|
181
Itron
ITRI
$4.38B
| $14.9M | 0.19% |
+366,351
| New | +$13.9M |
|
182
Emcor
EME
$34.3B
| $14.7M | 0.18% |
331,015
+326,272
| +6,879% | +$14.8M |
|
|
HI
183
DELISTED
Hillenbrand
HI
| $14.7M | 0.18% |
451,663
+169,222
| +60% | +$5.22M |
|
|
NXGN
184
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $14.6M | 0.18% |
912,183
+135,394
| +17% | +$2.14M |
|
185
Insight Enterprises
NSIT
$4.33B
| $14.6M | 0.18% |
474,530
+48,430
| +11% | +$1.34M |
|
186
Skyworks Solutions
SWKS
$10.1B
| $14.5M | 0.18% |
308,255
-27,866
| -8% | -$1.17M |
|
|
PPLI
187
People Inc
PPLI
$2.86B
| $14.3M | 0.18% |
1,152,805
+669,871
| +139% | +$8.02M |
|
188
VeriSign
VRSN
$25.5B
| $14.2M | 0.18% |
291,193
+208,086
| +250% | +$10.4M |
|
189
Sturm, Ruger & Co
RGR
$624M
| $14.1M | 0.18% |
238,603
-173,731
| -42% | -$10.9M |
|
|
THOR
190
DELISTED
THORATEC CORPORATION
THOR
| $14M | 0.18% |
+402,924
| New | +$13.4M |
|
191
Philip Morris
PM
$293B
| $14M | 0.17% |
165,621
-229,972
| -58% | -$19.8M |
|
|
WOOF
192
DELISTED
VCA Inc.
WOOF
| $13.8M | 0.17% |
394,112
+276,483
| +235% | +$8.99M |
|
193
Liquidity Services
LQDT
$1.36B
| $13.7M | 0.17% |
869,520
+653,476
| +302% | +$10.6M |
|
194
DNOW Inc
DNOW
$2.83B
| $13.7M | 0.17% |
+377,519
| New | +$13M |
|
195
ICU Medical
ICUI
$4.57B
| $13.6M | 0.17% |
224,111
-18,510
| -8% | -$1.09M |
|
196
Avient
AVNT
$4.1B
| $13.5M | 0.17% |
+319,824
| New | +$12.5M |
|
|
X
197
DELISTED
US Steel
X
| $13.5M | 0.17% |
+517,017
| New | +$13.2M |
|
198
CDW
CDW
$17.2B
| $13.3M | 0.17% |
417,982
+167,625
| +67% | +$4.92M |
|
199
F5
FFIV
$21.8B
| $13.3M | 0.17% |
119,337
-8,802
| -7% | -$947K |
|
200
Comcast
CMCSA
$95.3B
| $13.3M | 0.17% |
494,154
+408,780
| +479% | +$10.5M |
|
Similar funds
Joel Greenblatt's Q2 2014 Portfolio in Review
As of Q2 2014, Joel Greenblatt held 1,196 positions worth $7.99B, up 20% from $6.64B the previous quarter. Its ten largest holdings account for 6.9% of the portfolio.
Joel Greenblatt deployed $1.17B of net new capital in Q2 2014, opening 202 new positions and adding to 378 existing holdings. Its largest new stake was Chicago Bridge & Iron Nv: 679,782 shares worth $46.4M.
By sector, the portfolio is most concentrated in Industrials at 24% of assets, up from 23% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was C.H. Robinson, an estimated $30.5M trimmed.
- Joel Greenblatt's largest Q2 2014 buy was Chicago Bridge & Iron Nv: 679,782 shares worth $46.4M.
- Joel Greenblatt added most to TOWERS WATSON & CO COM STK CL A (DE) in Q2 2014, an estimated $42.9M increase.
- Joel Greenblatt's biggest Q2 2014 reduction was C.H. Robinson, cutting an estimated $30.5M.
- Joel Greenblatt fully exited State Street SPDR S&P 500 ETF Trust in Q2 2014, selling an estimated $53.1M.
- Joel Greenblatt's ten largest holdings make up 6.9% of its $7.99B portfolio in Q2 2014.
- Joel Greenblatt opened 202 new positions and closed 216 in Q2 2014.
- Joel Greenblatt's portfolio value rose 20% quarter-over-quarter to $7.99B.
Based on Gotham Asset Management's 13F filing for Q2 2014, filed 14 Aug 2014.