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 | |
|---|---|---|---|---|---|---|
201
O-I Glass
OI
$1.1B
| $13.2M | 0.17% |
382,318
+34,085
| +10% | +$1.13M |
|
|
CTB
202
DELISTED
Cooper Tire & Rubber Co.
CTB
| $13.2M | 0.16% |
439,236
+399,972
| +1,019% | +$10.9M |
|
203
Olin
OLN
$2.1B
| $13.1M | 0.16% |
488,279
+15,472
| +3% | +$428K |
|
204
Campbell Soup
CPB
$7.14B
| $13.1M | 0.16% |
285,670
+190,568
| +200% | +$8.61M |
|
205
Harley-Davidson
HOG
$2.93B
| $13.1M | 0.16% |
+187,183
| New | +$13.2M |
|
206
Booz Allen Hamilton
BAH
$9.27B
| $13.1M | 0.16% |
615,366
-223,447
| -27% | -$5.05M |
|
|
ASRT
207
DELISTED
Assertio
ASRT
| $13M | 0.16% |
+15,618
| New | +$12M |
|
208
Manitowoc
MTW
$710M
| $12.9M | 0.16% |
433,322
-175,666
| -29% | -$4.67M |
|
209
Lands' End
LE
$375M
| $12.9M | 0.16% |
+383,430
| New | +$10.9M |
|
210
Omnicom Group
OMC
$24B
| $12.7M | 0.16% |
178,590
+93,836
| +111% | +$6.54M |
|
211
NOV
NOV
$7.28B
| $12.7M | 0.16% |
154,406
+17,430
| +13% | +$1.3M |
|
|
CIR
212
DELISTED
CIRCOR International, Inc
CIR
| $12.5M | 0.16% |
162,405
+8,299
| +5% | +$641K |
|
213
Matsons
MATX
$6.66B
| $12.5M | 0.16% |
464,491
-37,209
| -7% | -$907K |
|
214
Integer Holdings
ITGR
$4.26B
| $12.3M | 0.15% |
274,947
+122,475
| +80% | +$5.25M |
|
215
Simpson Manufacturing
SSD
$7.74B
| $12.3M | 0.15% |
338,093
-8,665
| -2% | -$295K |
|
216
Nabors Industries
NBR
$1.37B
| $12.3M | 0.15% |
8,359
-978
| -10% | -$1.26M |
|
217
Robert Half
RHI
$4.58B
| $12.3M | 0.15% |
256,925
+164,746
| +179% | +$7.38M |
|
218
Magna International
MGA
$19.5B
| $12.2M | 0.15% |
226,522
+29,202
| +15% | +$1.49M |
|
219
Korn Ferry
KFY
$4.37B
| $12.2M | 0.15% |
415,039
+268,412
| +183% | +$7.93M |
|
220
Pediatrix Medical
MD
$2.16B
| $12.1M | 0.15% |
207,284
+50,000
| +32% | +$2.94M |
|
221
Roper Technologies
ROP
$40.7B
| $12M | 0.15% |
81,899
-1,659
| -2% | -$231K |
|
222
International Paper
IP
$22B
| $12M | 0.15% |
253,627
+65,550
| +35% | +$2.87M |
|
223
Lumen
LUMN
$6.13B
| $11.9M | 0.15% |
327,556
+88,222
| +37% | +$3.17M |
|
224
Altria Group
MO
$110B
| $11.6M | 0.15% |
276,629
-372,541
| -57% | -$15M |
|
225
Ulta Beauty
ULTA
$22.4B
| $11.4M | 0.14% |
+124,896
| New | +$11.2M |
|
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.