Hedge fund manager, the inventor of “Magic Formula” Joel Greenblatt (Trades, Portfolio) just reported his second quarter portfolio at Gotham Asset Management, LLC. He reshuffled his portfolio dramatically during the quarter, and bought Chicago Bridge & Iron Company, Delta Air Lines Inc, Towers Watson & Co, Gilead Sciences Inc, Monster Beverage Corp, Teradata Corp, Intuit Inc, Xerox Corporation, Ross Stores etc during the 3-months ended 06/30/2014, according to the most recent filings of his investment company, Gotham Asset Management, LLC.
As of 06/30/2014, Gotham Asset Management, LLC owns 980 stocks with a total value of $8 billion. These are the details of the buys and sells that have the impact to portfolio of more than .2%.
- New Purchases: CBI, DAL, GILD, MNST, ROST, LUV, JACK, MCHP, WYN, ICON, ORB, VRSK,
- Added Positions: TW, TDC, INTU, XRX, TJX, PETM, MAN, LMT, TSN, UTHR, ALSN, CVD, NSR, DAN, HAR, DBD, DST, BRCD, HII, TWX, ARW, IPGP, CAG, TXN, GIS, IBM, PAYX, DPS, PG, V, ACXM, PFE, RAD, DTV, CAH,DLTR, BBBY, CAT, COH, GMED, TECD, JOY, FOSL, COMM, BRKR, BA, SBH, TDY, GNC, DOX, CSC, VSI, DSW, EW, LVS, OLED,
- Reduced Positions: IM, CHRW, BG, MRC, RMD, PCP, KRFT, GT, IGT, M, T, DDS, VMI, MSI, KLAC, DHR, PM, RRD, MAS, NWL, FCS, RSG, MDLZ, NSC, TEN, MDT, KEX, MO, AAPL, MDP,
- Sold Out: SPSC, NWS, SLXP, EXPR, BDC, SWY, AXL, HRL, SPB, BWC, FCN, FDO, IGTE, SYNT, CVG,
For the details of Joel Greenblatt (Trades, Portfolio)'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Joel+Greenblatt
This is the sector weightings of his portfolio:
| Industrials | 24.2% |
| Consumer Cyclical | 21.9% |
| Technology | 20.3% |
| Consumer Defensive | 13.1% |
| Healthcare | 9.3% |
| Communication Services | 3.8% |
| Basic Materials | 2.1% |
| Energy | 1.5% |
| Financial Services | 1.3% |
| Real Estate | 0.2% |
| Utilities | 0.1% |
These are the top 5 holdings of Joel Greenblatt (Trades, Portfolio)
1. Caterpillar Inc (CAT) - 556,994 shares, 0.8% of the total portfolio. Shares added by 48.34%
2. Pilgrims Pride Corp (PPC) - 2,202,297 shares, 0.8% of the total portfolio. Shares added by 15.16%
3. ManpowerGroup (MAN) - 653,890 shares, 0.7% of the total portfolio. Shares added by 126.42%
4. United Therapeutics Corp (UTHR) - 646,066 shares, 0.7% of the total portfolio. Shares added by 104.14%
5. Dana Holding Corp (DAN) - 2,152,893 shares, 0.7% of the total portfolio. Shares added by 119.56%
New Purchase: Chicago Bridge & Iron Company (CBI, Financial)
Joel Greenblatt (Trades, Portfolio) initiated holdings in Chicago Bridge & Iron Company. His purchase prices were between $65.51 and $87.65, with an estimated average price of $79.69. The impact to his portfolio due to this purchase was 0.58%. His holdings were 679,782 shares as of 06/30/2014.
New Purchase: Delta Air Lines Inc (DAL, Financial)
Joel Greenblatt (Trades, Portfolio) initiated holdings in Delta Air Lines Inc. His purchase prices were between $31.73 and $42.23, with an estimated average price of $37.72. The impact to his portfolio due to this purchase was 0.51%. His holdings were 1,056,471 shares as of 06/30/2014.
New Purchase: Monster Beverage Corp (MNST, Financial)
Joel Greenblatt (Trades, Portfolio) initiated holdings in Monster Beverage Corp. His purchase prices were between $63.27 and $73.25, with an estimated average price of $68.38. The impact to his portfolio due to this purchase was 0.48%. His holdings were 544,493 shares as of 06/30/2014.
New Purchase: Gilead Sciences Inc (GILD, Financial)
Joel Greenblatt (Trades, Portfolio) initiated holdings in Gilead Sciences Inc. His purchase prices were between $65.48 and $83.02, with an estimated average price of $77.76. The impact to his portfolio due to this purchase was 0.48%. His holdings were 466,853 shares as of 06/30/2014.
New Purchase: Ross Stores Inc (ROST, Financial)
Joel Greenblatt (Trades, Portfolio) initiated holdings in Ross Stores Inc. His purchase prices were between $65.8 and $73.5, with an estimated average price of $68.69. The impact to his portfolio due to this purchase was 0.43%. His holdings were 516,776 shares as of 06/30/2014.
New Purchase: Southwest Airlines Co (LUV, Financial)
Joel Greenblatt (Trades, Portfolio) initiated holdings in Southwest Airlines Co. His purchase prices were between $22.51 and $27.59, with an estimated average price of $25.18. The impact to his portfolio due to this purchase was 0.34%. His holdings were 1,016,501 shares as of 06/30/2014.
New Purchase: Microchip Technology Inc (MCHP, Financial)
Joel Greenblatt (Trades, Portfolio) initiated holdings in Microchip Technology Inc. His purchase prices were between $45.85 and $49.48, with an estimated average price of $47.65. The impact to his portfolio due to this purchase was 0.28%. His holdings were 465,413 shares as of 06/30/2014.
New Purchase: Jack In The Box Inc (JACK, Financial)
Joel Greenblatt (Trades, Portfolio) initiated holdings in Jack In The Box Inc. His purchase prices were between $52.94 and $60.88, with an estimated average price of $57.29. The impact to his portfolio due to this purchase was 0.28%. His holdings were 376,787 shares as of 06/30/2014.
New Purchase: Wyndham Worldwide Corp (WYN, Financial)
Joel Greenblatt (Trades, Portfolio) initiated holdings in Wyndham Worldwide Corp. His purchase prices were between $69.43 and $75.62, with an estimated average price of $72.67. The impact to his portfolio due to this purchase was 0.25%. His holdings were 266,245 shares as of 06/30/2014.
New Purchase: Iconix Brand Group Inc (ICON, Financial)
Joel Greenblatt (Trades, Portfolio) initiated holdings in Iconix Brand Group Inc. His purchase prices were between $37.16 and $44.22, with an estimated average price of $41.22. The impact to his portfolio due to this purchase was 0.23%. His holdings were 424,321 shares as of 06/30/2014.
New Purchase: Orbital Sciences Corp (ORB, Financial)
Joel Greenblatt (Trades, Portfolio) initiated holdings in Orbital Sciences Corp. His purchase prices were between $25.14 and $30.96, with an estimated average price of $27.79. The impact to his portfolio due to this purchase was 0.21%. His holdings were 575,447 shares as of 06/30/2014.
New Purchase: Verisk Analytics Inc (VRSK)
Joel Greenblatt (Trades, Portfolio) initiated holdings in Verisk Analytics Inc. His purchase prices were between $56.55 and $61.79, with an estimated average price of $59.78. The impact to his portfolio due to this purchase was 0.2%. His holdings were 265,684 shares as of 06/30/2014.
