Arkolith/Investors/Joel Greenblatt
J

Joel Greenblatt

Hedge fund

Founder of Gotham Asset Management. Author of 'The Little Book That Beats the Market'.

Joel Greenblatt runs Gotham Asset Management, LLC, a diversified book of 1749 stocks worth $32.7B as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Ishares Russell 3000 ETF and trimmed Amazon.com Inc. Their largest long position is SS SPDR S&P 500 ETF Trust-US at 18% of the equity book. Cloning the disclosed picks since 2013 would be +281% (+11.1%/yr). That is a simulation of the disclosed long book, not audited returns.

Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Opened
159
bought for the first time
Added to
935
already held, bought more
Trimmed
558
sold some, still holds it
Sold out
129
exited the position entirely

Growth of $10,000: cloning the disclosed book

If you'd copied them
+280.9%
+11.1%/yr · since Nov '13
Their reported book
+313.9%
held from quarter-end
S&P 500
+436.0%
same window
$10K$21K$32K$43K$54KNov '13Jun '16Jan '19Jul '21Feb '24Aug '26
Joel Greenblatt, Gotham Asset Management, LLC (copied at disclosure) S&P 500

The reported book (valued from quarter-end) returned +313.9%, a 33.0-point gap that is the cost of the ~45-day 13F disclosure lag a real follower can't avoid.

Growth of $10,000 cloning Joel Greenblatt, Gotham Asset Management, LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~45 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

Concentration

Top-heavy: diversified book

Top 5 holdings
25%
Top 10 holdings
28%
Top 20 holdings
31%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

71% mapped to company sectors

ETF / fund or unclassified
29%
Information Technology
18%
Industrials
13%
Consumer Discretionary
8%
Health Care
7%
Materials
6%
Financials
5%
Real Estate
3%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Top holdings

1749 companies · Q1 2026

Top 25
#Stock% of bookValueSharesLast move
1SS SPDR S&P 500 ETF Trust-USSPY
17.9%
$5.9B9.0M
+34%
Added · +2.3M sh
2Apple IncAAPL
2.2%
$729.2M2.9M
+84%
Added · +1.3M sh
3Nvidia CorpNVDA
2.2%
$720.8M4.1M
+40%
Added · +1.2M sh
4Gotham Enhanced 500 ETFGSPY
1.8%
$600.7M17.0M
+1.5%
Added · +253K sh
5Ishares Core S&P 500 ETFIVV
0.9%
$284.4M435K
+6.8%
Added · +28K sh
6Vanguard Value ETFVTV
0.5%
$168.4M858K
+12%
Added · +91K sh
7Vanguard S&P 500 ETFVOO
0.5%
$165.4M277K
+53%
Added · +96K sh
8Amazon.com IncAMZN
0.5%
$164.5M790K
−20%
Reduced · −204K sh
9Alphabet Inc-CL AGOOGL
0.5%
$157.9M549K
+5.3%
Added · +28K sh
10Snowflake IncSNOW
0.5%
$149.5M991K
+0.1%
Added · +1K sh
11Ishares 0-3 Month Treasury BSGOV
0.4%
$124.7M1.2M
−31%
Reduced · −549K sh
12Ishares Core Msci Eafe ETFIEFA
0.4%
$119.0M1.3M
+32%
Added · +322K sh
13Microsoft CorpMSFT
0.3%
$113.2M306K
+7.0%
Added · +20K sh
14Ishares Russell 3000 ETFIWV
0.3%
$107.0M289K
New
+289K sh
15Broadcom IncAVGO
0.3%
$106.9M345K
+3.5%
Added · +12K sh
16Gotham 1000 Value ETFGVLU
0.3%
$105.7M4.2M
+9.1%
Added · +350K sh
17Western Digital CorpWDC
0.3%
$99.5M368K
−27%
Reduced · −139K sh
18Apa CorpAPA
0.3%
$98.4M2.3M
+1.3%
Added · +30K sh
19Iridium Communications IncIRDM
0.3%
$93.0M3.4M
+45%
Added · +1.0M sh
20Technipfmc PLCFTI
0.3%
$91.4M1.3M
−1.1%
Reduced · −15K sh
21Tapestry IncTPR
0.3%
$90.0M638K
+11%
Added · +61K sh
22CF Industries Holdings IncCF
0.3%
$89.7M691K
+13%
Added · +81K sh
23Ishares Core Msci EmergingIEMG
0.3%
$85.6M1.2M
+21%
Added · +214K sh
24Invesco QQQ Trust Series 1QQQ
0.3%
$85.5M148K
+43%
Added · +44K sh
25Caterpillar IncCAT
0.3%
$83.0M117K
−4.4%
Reduced · −5K sh

Funds

1 vehicle

Fund
Long book

Aggregated from SEC Form 13F filings (institutional long equity positions, reported quarterly, up to 45 days after quarter-end). Holdings are public domain, sourced to SEC EDGAR. The book totals, weighting, concentration and sectors are long equity only; disclosed put/call options are listed separately and excluded from those figures. The performance line is a simulation of the disclosed long book, not an audited fund return. Every panel is one call to the Arkolith API & MCP server.