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 |
Gotham Enhanced 500 ETF
GSPY
|
+$160M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$31.8M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$15.4M |
| 4 |
DTE Energy
DTE
|
+$13.7M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$11.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$11.6M |
| 2 |
Public Service Enterprise Group
PEG
|
+$9.96M |
| 3 |
Automatic Data Processing
ADP
|
+$9.04M |
| 4 |
Eli Lilly
LLY
|
+$7.91M |
| 5 |
Pfizer
PFE
|
+$7.86M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.69% |
| 2 | Healthcare | 12.44% |
| 3 | Consumer Discretionary | 11.63% |
| 4 | Industrials | 11.59% |
| 5 | Financials | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Whirlpool
WHR
$2.63B
| $4.41M | 0.14% |
18,802
-2,167
| -10% | -$476K |
|
177
Keysight
KEYS
$53.8B
| $4.4M | 0.14% |
21,305
-5,706
| -21% | -$1.07M |
|
178
Booking.com
BKNG
$158B
| $4.39M | 0.14% |
45,775
+26,500
| +137% | +$2.51M |
|
179
KLA
KLAC
$240B
| $4.36M | 0.14% |
101,400
+12,620
| +14% | +$487K |
|
180
XPO
XPO
$23.2B
| $4.35M | 0.14% |
94,522
+48,100
| +104% | +$2.24M |
|
|
TWTR
181
DELISTED
Twitter, Inc.
TWTR
| $4.35M | 0.14% |
100,619
+13,737
| +16% | +$714K |
|
182
Olin
OLN
$2.1B
| $4.3M | 0.14% |
74,751
+20,814
| +39% | +$1.17M |
|
183
Manhattan Associates
MANH
$12.5B
| $4.25M | 0.14% |
27,355
+13,246
| +94% | +$2.15M |
|
184
Old Dominion Freight Line
ODFL
$42.8B
| $4.23M | 0.14% |
23,602
+11,336
| +92% | +$1.91M |
|
|
WRK
185
DELISTED
WestRock Company
WRK
| $4.21M | 0.14% |
94,879
+61,323
| +183% | +$2.89M |
|
186
Dick's Sporting Goods
DKS
$16.4B
| $4.14M | 0.13% |
36,010
+31,714
| +738% | +$3.8M |
|
187
Coty
COTY
$2.41B
| $4.12M | 0.13% |
392,397
+199,536
| +103% | +$1.87M |
|
188
Teleflex
TFX
$5.88B
| $4.11M | 0.13% |
+12,520
| New | +$4.26M |
|
189
Quest Diagnostics
DGX
$27B
| $4.11M | 0.13% |
23,763
-9,983
| -30% | -$1.52M |
|
190
Alexandria Real Estate Equities
ARE
$9.21B
| $4.1M | 0.13% |
18,375
-4,518
| -20% | -$935K |
|
191
Copart
CPRT
$31.3B
| $4.08M | 0.13% |
107,620
+77,592
| +258% | +$2.88M |
|
192
Lumen
LUMN
$6.13B
| $4.06M | 0.13% |
323,206
+207,273
| +179% | +$2.64M |
|
193
Oshkosh
OSK
$9.7B
| $4.05M | 0.13% |
35,923
+4,897
| +16% | +$535K |
|
194
Waters Corp
WAT
$40.4B
| $4.03M | 0.13% |
10,819
-1,350
| -11% | -$472K |
|
195
Airbnb
ABNB
$110B
| $4.03M | 0.13% |
24,182
+16,898
| +232% | +$2.98M |
|
196
Kimberly-Clark
KMB
$36.4B
| $4M | 0.13% |
28,023
-1,721
| -6% | -$232K |
|
|
SIVB
197
DELISTED
SVB Financial Group
SIVB
| $4M | 0.13% |
5,891
+2,114
| +56% | +$1.49M |
|
198
Atkore
ATKR
$3.16B
| $3.99M | 0.13% |
35,890
+5,975
| +20% | +$607K |
|
199
Etsy
ETSY
$7.44B
| $3.97M | 0.13% |
18,121
+8,319
| +85% | +$2M |
|
200
Ralph Lauren
RL
$22.2B
| $3.95M | 0.13% |
33,221
+4,645
| +16% | +$558K |
|
Similar funds
Joel Greenblatt's Q4 2021 Portfolio in Review
As of Q4 2021, Joel Greenblatt held 1,278 positions worth $3.1B, up 26% from $2.47B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Joel Greenblatt deployed $427M of net new capital in Q4 2021, opening 273 new positions and adding to 479 existing holdings. Its largest new stake was DTE Energy: 119,933 shares worth $14.3M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was DuPont de Nemours, an estimated $11.6M trimmed.
- Joel Greenblatt's largest Q4 2021 buy was DTE Energy: 119,933 shares worth $14.3M.
- Joel Greenblatt added most to Gotham Enhanced 500 ETF in Q4 2021, an estimated $160M increase.
- Joel Greenblatt's biggest Q4 2021 reduction was DuPont de Nemours, cutting an estimated $11.6M.
- Joel Greenblatt fully exited Carrier Global in Q4 2021, selling an estimated $3.93M.
- Joel Greenblatt's ten largest holdings make up 21% of its $3.1B portfolio in Q4 2021.
- Joel Greenblatt opened 273 new positions and closed 152 in Q4 2021.
- Joel Greenblatt's portfolio value rose 26% quarter-over-quarter to $3.1B.
Based on Gotham Asset Management's 13F filing for Q4 2021, filed 14 Feb 2022.