 | |
Joel Greenblatt13F | |
| Gotham Asset Management, LLC | |
| Last update 2023-08-14 | 1296 Stocks (148 new) |
| Value $4.60 Bil | Turnover 19 % |
| Portfolio Report | |
Joel Greenblatt Profile
Known for the invention of Magic Formula Investing, and founder of the New York Securities Auction Corporation (NYSAC), Greenblatt is founder and managing partner of Gotham Asset Management, LLC. He is the author of two investment books, including "The Little Book that Beats the Market." He is also an Adjunct Professor with Columbia Business School.
Joel Greenblatt Investing Philosophy
Greenblatt tries to find cheap and good companies. He looks for value with a catalyst, so nice things happen sooner. Greenblatt likes special situations, and thinks that they are simply different places to find cheap stocks. In his own hedge fund, Greenblatt uses the basic principals in the Magic Formula: Look for high ROC and high earnings yield. He tries to figure out what "normalized earnings" will be 3-4 years into the future. Greenblatt makes sure the stock is very cheap based on normalized earnings. You can view the Magic Formula Stocks on the following page:
https://www.gurufocus.com/screener/magic-formula
Joel Greenblatt's Portfolio
Joel Greenblatt Current Holdings
| Ticker | | Company | Industry | Market Cap $Mil | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | | Company | Industry | Market Cap $Mil | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % |
VUG | Vanguard Growth ETF | 87,998.95 | 13,890 | 3,930.31 | New Holding | 0.09 | +0.09% | 0 | -2.70% | +27.26% | ||
CL | Colgate-Palmolive Co | Consumer Packaged Goods | 58,736.43 | 47,484 | 3,658.17 | New Holding | 0.08 | +0.08% | 0.01 | -5.61% | -8.12% | |
VTV | Vanguard Value ETF | 97,820.04 | 27,263 | 3,874.07 | New Holding | 0.08 | +0.08% | 0 | -0.74% | +0.38% | ||
ALGM | Allegro Microsystems Inc | Semiconductors | 6,129.11 | 70,429 | 3,179.17 | New Holding | 0.07 | +0.07% | 0.04 | -25.19% | +6.13% | |
PK | Park Hotels & Resorts Inc | REITs | 2,603.90 | 242,527 | 3,109.20 | New Holding | 0.07 | +0.07% | 0.11 | -1.86% | +4.97% | |
GSY | Invesco Ultra Short Duration ETF | 1,803.02 | 60,166 | 2,986.64 | New Holding | 0.06 | +0.06% | 0.16 | +1.35% | +3.80% | ||
FIVE | Five Below Inc | Retail - Cyclical | 8,413.00 | 12,078 | 2,373.81 | New Holding | 0.05 | +0.05% | 0.02 | -24.99% | -14.58% | |
GPS | Gap Inc | Retail - Cyclical | 3,806.07 | 266,433 | 2,379.25 | New Holding | 0.05 | +0.05% | 0.07 | +17.27% | -4.61% | |
RIVN | Rivian Automotive Inc | Vehicles & Parts | 21,854.54 | 129,524 | 2,157.87 | New Holding | 0.05 | +0.05% | 0.01 | +65.35% | +25.07% | |
MTN | Vail Resorts Inc | Travel & Leisure | 9,097.44 | 9,446 | 2,378.13 | New Holding | 0.05 | +0.05% | 0.02 | -5.61% | +0.80% | |
ARW | Arrow Electronics Inc | Hardware | 7,026.85 | 13,357 | 1,913.12 | New Holding | 0.04 | +0.04% | 0.02 | -7.88% | +20.74% | |
CMG | Chipotle Mexican Grill Inc | Restaurants | 49,825.44 | 940 | 2,010.66 | New Holding | 0.04 | +0.04% | 0 | -12.61% | +30.17% | |
CWEN | Clearway Energy Inc | Utilities - Independent Power Producers | 2,471.75 | 59,113 | 1,688.27 | New Holding | 0.04 | +0.04% | 0.05 | -23.88% | -29.79% | |
QQQ | INVESCO QQQ Trust | 195,786.81 | 5,288 | 1,953.49 | New Holding | 0.04 | +0.04% | 0 | -2.31% | +33.87% | ||
KNF | Knife River Holding Co | Building Materials | 2,737.24 | 43,025 | 1,871.59 | New Holding | 0.04 | +0.04% | 0.08 | +2.52% | 0% | |
VBK | Vanguard Small Cap Growth ETF | 13,264.42 | 8,511 | 1,955.32 | New Holding | 0.04 | +0.04% | 0.01 | -5.03% | +6.58% | ||
VBR | Vanguard Small Cap Value ETF | 23,783.74 | 12,114 | 2,003.66 | New Holding | 0.04 | +0.04% | 0.01 | -2.09% | +1.36% | ||
VST | Vistra Corp | Utilities - Independent Power Producers | 12,247.44 | 71,017 | 1,864.20 | New Holding | 0.04 | +0.04% | 0.02 | +30.00% | +46.85% | |
ALE | ALLETE Inc | Utilities - Regulated | 3,087.45 | 20,918 | 1,212.62 | New Holding | 0.03 | +0.03% | 0.04 | -5.95% | -13.76% | |
BRKR | Bruker Corp | Medical Devices & Instruments | 9,144.54 | 18,527 | 1,369.52 | New Holding | 0.03 | +0.03% | 0.01 | -14.78% | -8.68% |
Total 1460
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