Smart Money Radar / Whales / Joel Greenblatt
J

Joel Greenblatt

Gotham Asset Management, LLC · Holdings as of Jun 30, 2025, filed by Aug 15, 2025 · US long stock positions only

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

Reported value
$17B
60 positions shown
Copycat since 2016
3.12x
12% per year
vs SPY
behind
SPY 3.57x same window
Top position
SPY
16% 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 · Jun 2025
SPY 16% GSPY 3% NVDA 2% AAPL 1% IVV 1% AMZN 1% SNOW 1% MSFT 1% AVGO 0% VOO 0% META 0% IEFA 0%
Top 15 positions shown, 29% of the book; 1640 smaller names hold the rest.
SymbolValue% of bookvs prior quarter
SPY $2.7B 16% added
GSPY $538M 3% unchanged
NVDA $359M 2% added
AAPL $183M 1% added
IVV $169M 1% unchanged
AMZN $158M 1% unchanged
SNOW $127M 1% unchanged
MSFT $125M 1% added
GVLU $84M 1% unchanged
GOOGL $81M 0% added
SGOV $75M 0% added
AVGO $75M 0% unchanged
VOO $73M 0% added
META $73M 0% unchanged
IEFA $72M 0% added
IEMG $52M 0% added
NRG $51M 0% added
BRK.B $48M 0% unchanged
TPR $47M 0% added
PLTR $44M 0% added
DIS $43M 0% added
BKNG $42M 0% added
CRL $41M 0% added
CRWD $40M 0% added
MTZ $40M 0% added
HWM $38M 0% added
CAT $38M 0% added
MRK $38M 0% added
CDNS $38M 0% trimmed
QCOM $38M 0% added
EXEL $37M 0% added
TSLA $37M 0% added
NEM $37M 0% unchanged
GEN $37M 0% added
JBL $36M 0% added
FOXA $36M 0% added
NVT $36M 0% added
PEGA $36M 0% added
ZBRA $36M 0% added
CF $36M 0% added
SWKS $36M 0% added
AS $35M 0% added
AGG $35M 0% added
NTAP $35M 0% added
RL $34M 0% added
NFLX $34M 0% added
CME $34M 0% added
GNRC $34M 0% added
unlisted $34M 0% added
MU $33M 0% added
ADP $33M 0% added
T $33M 0% added
BYD $33M 0% added
PKG $32M 0% added
TMO $32M 0% added
WDC $32M 0% added
ULTA $32M 0% added
CSCO $32M 0% added
PII $32M 0% added
EQT $31M 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.