Smart Money Radar / Whales / Joel Greenblatt
J

Joel Greenblatt

Gotham Asset Management, LLC · Holdings as of Sep 30, 2024, filed by Nov 15, 2024 · US long stock positions only

The magic formula at industrial scale. Thousands of small positions.

Reported value
$10B
60 positions shown
Copycat since 2016
3.12x
12% per year
vs SPY
behind
SPY 3.57x same window
Top position
SPY
11% of book

Copying these filings vs SPY

$1 at every deadline since 2016
SPY 3.57x Joel Greenblatt 3.12x
Price returns, dividends excluded on both lines. A copycat of public filings traded at each deadline, not the fund's actual performance.
Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023

The book

tile = share of the filed book · tap a tile for the ticker · Sep 2024
SPY 11% GSPY 5% NVDA 3% IVV 1% AAPL 1% MSFT 1% GOOGL 1% GVLU 1% META 1% SNOW 1% QCOM 0% IEMG 0% NRG 0%
Top 15 positions shown, 27% of the book; 1387 smaller names hold the rest.
SymbolValue% of bookvs prior quarter
SPY $1.1B 11% added
GSPY $470M 5% added
NVDA $266M 3% added
IVV $133M 1% unchanged
AAPL $123M 1% added
MSFT $101M 1% added
GOOGL $69M 1% added
AMZN $68M 1% added
GVLU $65M 1% unchanged
IEFA $54M 1% added
META $54M 1% trimmed
SNOW $51M 1% unchanged
QCOM $45M 0% added
IEMG $44M 0% unchanged
NRG $44M 0% added
AVGO $36M 0% added
BRK.B $36M 0% added
JNJ $35M 0% unchanged
MRK $35M 0% added
DIS $33M 0% added
GE $32M 0% added
CAT $30M 0% added
LECO $29M 0% added
HLT $27M 0% added
PYPL $27M 0% trimmed
MNDY $26M 0% unchanged
TDG $25M 0% added
GEN $25M 0% added
TPR $25M 0% added
unlisted $25M 0% added
V $25M 0% added
unlisted $25M 0% added
unlisted $24M 0% added
MAS $24M 0% trimmed
ADP $24M 0% added
BND $24M 0% unchanged
AMAT $24M 0% added
MTZ $24M 0% added
COP $23M 0% added
STE $23M 0% added
BLDR $22M 0% trimmed
TAP $22M 0% added
LOW $22M 0% added
MAR $22M 0% added
DELL $21M 0% added
MDT $21M 0% trimmed
GILD $21M 0% trimmed
GM $21M 0% added
NFLX $21M 0% added
APP $21M 0% trimmed
CRWD $21M 0% added
MOS $21M 0% added
MDLZ $21M 0% added
TGT $21M 0% added
DAL $21M 0% added
FMC $20M 0% added
unlisted $20M 0% added
NTAP $20M 0% added
RL $20M 0% added
unlisted $20M 0% added
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.