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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$82.2M |
| 2 |
Conagra Brands
CAG
|
+$63.5M |
| 3 |
Intuit
INTU
|
+$53.2M |
| 4 |
PARA
Paramount Global Class B
PARA
|
+$51.9M |
| 5 |
CVS Health
CVS
|
+$43M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Texas Instruments
TXN
|
+$40.5M |
| 2 |
Merck
MRK
|
+$39.5M |
| 3 |
DD
Du Pont De Nemours E I
DD
|
+$38.8M |
| 4 |
Viatris
VTRS
|
+$38.8M |
| 5 |
DaVita
DVA
|
+$37.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.31% |
| 2 | Industrials | 19.34% |
| 3 | Healthcare | 18.39% |
| 4 | Consumer Discretionary | 16.87% |
| 5 | Consumer Staples | 8.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Meta Platforms (Facebook)
META
$1.4T
| $15.3M | 0.18% |
133,728
+117,024
| +701% | +$13.5M |
|
|
VMW
177
DELISTED
VMware, Inc
VMW
| $15.3M | 0.18% |
267,055
-346,980
| -57% | -$20M |
|
|
EA
178
DELISTED
Electronic Arts
EA
| $15.3M | 0.18% |
+201,523
| New | +$14.2M |
|
|
CRAY
179
DELISTED
Cray, Inc.
CRAY
| $15.2M | 0.18% |
508,531
+97,976
| +24% | +$3.43M |
|
|
LQ
180
DELISTED
La Quinta Holdings Inc.
LQ
| $15.2M | 0.18% |
1,329,103
-276,928
| -17% | -$3.3M |
|
181
Tenet Healthcare
THC
$22.6B
| $15.1M | 0.18% |
+545,902
| New | +$16.1M |
|
182
Cabot Corp
CBT
$4.4B
| $15M | 0.18% |
329,576
+153,191
| +87% | +$7.14M |
|
183
Vail Resorts
MTN
$5.45B
| $15M | 0.18% |
108,813
+104,406
| +2,369% | +$13.8M |
|
184
Tapestry
TPR
$26B
| $15M | 0.18% |
+368,665
| New | +$14.5M |
|
|
MNK
185
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $15M | 0.18% |
246,825
-334,062
| -58% | -$20.4M |
|
186
Jazz Pharmaceuticals
JAZZ
$16.5B
| $14.9M | 0.18% |
105,404
-92,215
| -47% | -$13.6M |
|
187
Mattel
MAT
$4.15B
| $14.9M | 0.18% |
474,924
-490,063
| -51% | -$15.5M |
|
188
Waters Corp
WAT
$40.4B
| $14.8M | 0.18% |
105,556
+81,470
| +338% | +$11M |
|
|
ATW
189
DELISTED
Atwood Oceanics
ATW
| $14.8M | 0.18% |
1,182,230
+419,656
| +55% | +$4.38M |
|
190
Globus Medical
GMED
$11.7B
| $14.8M | 0.18% |
621,101
+402,116
| +184% | +$9.64M |
|
191
Synaptics
SYNA
$3.82B
| $14.7M | 0.18% |
274,023
+228,655
| +504% | +$15.7M |
|
192
Chemed
CHE
$7.07B
| $14.6M | 0.17% |
106,927
+20,093
| +23% | +$2.67M |
|
193
Medtronic
MDT
$119B
| $14.6M | 0.17% |
+167,825
| New | +$13.6M |
|
194
Quest Diagnostics
DGX
$27B
| $14.4M | 0.17% |
177,438
-71,783
| -29% | -$5.47M |
|
195
Nike
NKE
$60.5B
| $14.4M | 0.17% |
+261,564
| New | +$14.9M |
|
196
Urban Outfitters
URBN
$6.36B
| $14.4M | 0.17% |
525,011
-541,987
| -51% | -$15.6M |
|
197
Kohl's
KSS
$2B
| $14.3M | 0.17% |
377,176
+34,818
| +10% | +$1.38M |
|
|
SNI
198
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $14.1M | 0.17% |
+226,991
| New | +$14.5M |
|
199
Snap-on
SNA
$20.3B
| $14.1M | 0.17% |
89,195
+31,096
| +54% | +$4.94M |
|
200
Microsoft
MSFT
$3.59T
| $14M | 0.17% |
273,227
+139,629
| +105% | +$7.26M |
|
Similar funds
Joel Greenblatt's Q2 2016 Portfolio in Review
As of Q2 2016, Joel Greenblatt held 1,194 positions worth $8.34B, down 6.5% from $8.92B the previous quarter. Its ten largest holdings account for 9% of the portfolio.
Joel Greenblatt withdrew a net $527M in Q2 2016, closing 260 positions and reducing 357 holdings. Its most notable exit was Viatris, an estimated $38.8M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Industrials and Healthcare.
Against the trend, Joel Greenblatt opened a new position in Twenty-First Century Fox, Inc. Class A worth $76.3M.
- Joel Greenblatt's largest Q2 2016 buy was Twenty-First Century Fox, Inc. Class A: 2,822,168 shares worth $76.3M.
- Joel Greenblatt added most to Paramount Global Class B in Q2 2016, an estimated $51.9M increase.
- Joel Greenblatt's biggest Q2 2016 reduction was Texas Instruments, cutting an estimated $40.5M.
- Joel Greenblatt fully exited Viatris in Q2 2016, selling an estimated $38.8M.
- Joel Greenblatt's ten largest holdings make up 9% of its $8.34B portfolio in Q2 2016.
- Joel Greenblatt opened 244 new positions and closed 260 in Q2 2016.
- Joel Greenblatt's portfolio value fell 6.5% quarter-over-quarter to $8.34B.
Based on Gotham Asset Management's 13F filing for Q2 2016, filed 15 Aug 2016.