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
|
+$208M |
| 2 |
NVIDIA
NVDA
|
+$74.8M |
| 3 |
Gotham Enhanced 500 ETF
GSPY
|
+$49M |
| 4 |
Merck
MRK
|
+$20.3M |
| 5 |
GE Aerospace
GE
|
+$19.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Celanese
CE
|
+$14.3M |
| 2 |
ExxonMobil
XOM
|
+$11.5M |
| 3 |
APA Corp
APA
|
+$11.5M |
| 4 |
Kenvue
KVUE
|
+$10.7M |
| 5 |
Mattel
MAT
|
+$10.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.43% |
| 2 | Industrials | 11.88% |
| 3 | Consumer Discretionary | 10.29% |
| 4 | Healthcare | 9.07% |
| 5 | Financials | 5.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Veralto
VLTO
$24.1B
| $13.5M | 0.14% |
120,462
+7,120
| +6% | +$752K |
|
177
Nutanix
NTNX
$18.3B
| $13.5M | 0.14% |
227,113
+132,546
| +140% | +$7.28M |
|
|
AMED
178
DELISTED
Amedisys
AMED
| $13.4M | 0.14% |
139,198
+14,139
| +11% | +$1.38M |
|
179
Ecolab
ECL
$78.9B
| $13.4M | 0.14% |
52,540
-5,892
| -10% | -$1.44M |
|
180
LKQ Corp
LKQ
$6.52B
| $13.4M | 0.14% |
335,924
+10,861
| +3% | +$448K |
|
181
Extra Space Storage
EXR
$31B
| $13.4M | 0.14% |
74,165
+13,071
| +21% | +$2.21M |
|
|
182
ExxonMobil
XOM
$679B
| $13.3M | 0.14% |
113,618
-99,512
| -47% | -$11.5M |
|
183
Fastenal
FAST
$58.8B
| $13.3M | 0.14% |
371,382
+35,814
| +11% | +$1.21M |
|
184
CSX Corp
CSX
$95.6B
| $13.2M | 0.14% |
383,403
+94,293
| +33% | +$3.2M |
|
185
Advanced Micro Devices
AMD
$773B
| $13.2M | 0.14% |
80,178
+21,694
| +37% | +$3.3M |
|
186
Stepan Co
SCL
$1.45B
| $13.1M | 0.14% |
170,206
+1,384
| +0.8% | +$110K |
|
187
Solventum
SOLV
$15.2B
| $13M | 0.13% |
187,061
+23,095
| +14% | +$1.39M |
|
188
Hartford Financial Services
HIG
$36.9B
| $13M | 0.13% |
110,666
+29,299
| +36% | +$3.21M |
|
189
Generac Holdings
GNRC
$12.2B
| $13M | 0.13% |
81,760
-27,676
| -25% | -$4.11M |
|
190
FedEx
FDX
$76.9B
| $13M | 0.13% |
47,406
+20,385
| +75% | +$5.92M |
|
191
Louisiana-Pacific
LPX
$5.12B
| $12.9M | 0.13% |
119,851
+27,310
| +30% | +$2.58M |
|
|
SKX
192
DELISTED
Skechers
SKX
| $12.8M | 0.13% |
191,754
+68,127
| +55% | +$4.47M |
|
193
C.H. Robinson
CHRW
$16.5B
| $12.8M | 0.13% |
116,226
+11,612
| +11% | +$1.13M |
|
194
Apollo Global Management
APO
$78.4B
| $12.7M | 0.13% |
102,045
+334
| +0.3% | +$38.6K |
|
195
Yum! Brands
YUM
$41.8B
| $12.7M | 0.13% |
91,050
+33,597
| +58% | +$4.47M |
|
196
Home Depot
HD
$335B
| $12.7M | 0.13% |
31,362
-19,079
| -38% | -$6.96M |
|
197
Trimble
TRMB
$14B
| $12.7M | 0.13% |
204,643
+134,921
| +194% | +$7.54M |
|
198
Vanguard Morningstar Growth ETF
VUG
$225B
| $12.7M | 0.13% |
198,462
+25,548
| +15% | +$1.58M |
|
199
Natera
NTRA
$47.9B
| $12.6M | 0.13% |
99,609
+13,192
| +15% | +$1.51M |
|
200
Vertex Pharmaceuticals
VRTX
$139B
| $12.6M | 0.13% |
27,133
+2,422
| +10% | +$1.16M |
|
Similar funds
Joel Greenblatt's Q3 2024 Portfolio in Review
As of Q3 2024, Joel Greenblatt held 1,552 positions worth $9.67B, up 25% from $7.72B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Joel Greenblatt deployed $1.31B of net new capital in Q3 2024, opening 145 new positions and adding to 741 existing holdings. Its largest new stake was AST SpaceMobile: 520,630 shares worth $13.6M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 19% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Celanese, an estimated $14.3M trimmed.
- Joel Greenblatt's largest Q3 2024 buy was AST SpaceMobile: 520,630 shares worth $13.6M.
- Joel Greenblatt added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $208M increase.
- Joel Greenblatt's biggest Q3 2024 reduction was Celanese, cutting an estimated $14.3M.
- Joel Greenblatt fully exited Corteva in Q3 2024, selling an estimated $9.36M.
- Joel Greenblatt's ten largest holdings make up 25% of its $9.67B portfolio in Q3 2024.
- Joel Greenblatt opened 145 new positions and closed 150 in Q3 2024.
- Joel Greenblatt's portfolio value rose 25% quarter-over-quarter to $9.67B.
Based on Gotham Asset Management's 13F filing for Q3 2024, filed 14 Nov 2024.