Smart Money Radar / Whales / Joel Greenblatt
J

Joel Greenblatt

Gotham Asset Management, LLC · Holdings as of Dec 31, 2024, filed by Feb 15, 2025 · US long stock positions only

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

Reported value
$11B
60 positions shown
Copycat since 2016
3.12x
12% per year
vs SPY
behind
SPY 3.57x same window
Top position
SPY
13% 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 · Dec 2024
SPY 13% GSPY 5% NVDA 3% AAPL 1% IVV 1% MSFT 1% AMZN 1% GOOGL 1% SNOW 1% IEFA 1% META 0% AVGO 0% MRK 0% IEMG 0%
Top 15 positions shown, 29% of the book; 1406 smaller names hold the rest.
SymbolValue% of bookvs prior quarter
SPY $1.4B 13% added
GSPY $486M 5% added
NVDA $271M 3% trimmed
AAPL $155M 1% added
IVV $136M 1% unchanged
MSFT $95M 1% trimmed
GVLU $82M 1% added
AMZN $77M 1% trimmed
GOOGL $75M 1% trimmed
SNOW $69M 1% unchanged
IEFA $58M 1% added
META $52M 0% trimmed
AVGO $50M 0% added
MRK $42M 0% added
IEMG $41M 0% added
BRK.B $36M 0% unchanged
QCOM $35M 0% trimmed
CDNS $33M 0% added
NRG $32M 0% trimmed
AMAT $32M 0% added
DIS $32M 0% trimmed
TPR $31M 0% trimmed
GD $30M 0% added
COP $29M 0% added
JNJ $29M 0% trimmed
CVX $28M 0% added
WSM $28M 0% added
TSLA $28M 0% added
CAT $27M 0% unchanged
EXPE $27M 0% added
EMR $27M 0% added
D $26M 0% added
GEN $26M 0% added
EOG $26M 0% added
SLB $25M 0% added
APP $25M 0% trimmed
LDOS $25M 0% added
HLT $24M 0% trimmed
unlisted $24M 0% added
LULU $24M 0% trimmed
PYPL $24M 0% trimmed
MDLZ $24M 0% added
unlisted $24M 0% trimmed
LECO $24M 0% trimmed
ADP $24M 0% trimmed
GILD $24M 0% unchanged
LKQ $24M 0% added
BND $23M 0% unchanged
NTAP $23M 0% added
CRWD $23M 0% trimmed
CRL $23M 0% added
MTZ $23M 0% trimmed
DAL $23M 0% trimmed
TDG $23M 0% unchanged
RL $23M 0% trimmed
BEPC $22M 0% new
unlisted $22M 0% added
DELL $22M 0% added
GE $22M 0% trimmed
MAS $22M 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.