SEC 13F Intelligence

Notable Investors / Q1 2026

Joel Greenblatt’s Portfolio — Gotham Asset Management, LLC

Co-CIO, Gotham Asset Management

CIK 0001510387 · 825 THIRD AVENUE, SUITE 1750, NEW YORK, NY, 10022 · 646-432-3736

About Joel Greenblatt

Joel Greenblatt earned 50%-a-year returns for a decade at Gotham Capital, wrote You Can Be a Stock Market Genius and The Little Book That Beats the Market, and popularized the 'Magic Formula' — systematic buying of good businesses at cheap prices.

Today's Gotham Asset Management runs diversified long/short value strategies, so its 13F lists hundreds of systematically chosen positions rather than a few big bets — a live implementation of the valuation discipline his books teach.

Portfolio data below is from Gotham Asset Management, LLC’s SEC 13F filings. View the full filer page →

Reported Value
$32.7B
Q1 2026
Positions
1,749
Filings on Record
30
2019–present window
Filed
May 15, 2026
original filing

Summary

Gotham Asset Management, LLC reported $32.7B in U.S.-listed holdings across 1,749 positions for Q1 2026.

Its largest position, State Str Spdr S P 500 Etf T, represents 17.9% of the portfolio.

Compared with Q4 2025, the fund opened 159 new positions and exited 129.

Portfolio Metrics

Turnover
+8.0%
vs prior filed quarter
Top-10 Concentration
+27.6%
share of reported value
Largest Position
+17.9%
State Str Spdr S P 500 Etf T
New / Exited
159 / 129
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $6.4BQ4 ’18Q1 ’19: $6.8BQ2 ’19: $6.3BQ3 ’19: $5.7BQ4 ’19: $5.4BQ4 ’19Q1 ’20: $3.6BQ2 ’20: $3.3BQ3 ’20: $3.1BQ4 ’20: $3.0BQ4 ’20Q1 ’21: $2.2BQ2 ’21: $2.4BQ3 ’21: $2.5BQ4 ’21: $3.1BQ4 ’21Q1 ’22: $3.2BQ2 ’22: $3.1BQ3 ’22: $3.3BQ4 ’22: $3.6BQ4 ’22Q1 ’23: $4.1BQ2 ’23: $4.6BQ3 ’23: $4.8BQ4 ’23: $5.4BQ4 ’23Q1 ’24: $6.6BQ2 ’24: $7.7BQ3 ’24: $9.7BQ4 ’24: $10.5BQ4 ’24Q1 ’25: $12.0BQ2 ’25: $16.7BQ3 ’25: $23.0BQ4 ’25: $27.4BQ4 ’25Q1 ’26: $32.7Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 64.1%ETP: 28.9%Other: 3.8%REIT: 3.2%ADR: 0.0%Other: 0.0%
  • Common Stock · 64.1% · $20.9B
  • ETP · 28.9% · $9.4B
  • Other · 3.8% · $1.3B
  • REIT · 3.2% · $1.0B
  • ADR · 0.0% · $9M
  • Other · 0.0% · $889,593

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+288.6K288.6K+$107M$107M
VSNTVERSANT MEDIA GROUP INCNEW+894.0K894.0K+$33M$33M
EA SERIES TRUSTNEW+400.0K400.0K+$27M$27M
FEFIRSTENERGY CORPNEW+156.1K156.1K+$8M$8M
MDLNMEDLINE INCNEW+155.6K155.6K+$7M$7M
CRCCANADIAN NAT RES LTD MED TERNEW+133.2K133.2K+$6M$6M
PLUNPLUG PWR INCNEW+2.29M2.29M+$5M$5M
ZBHZIMMER BIOMET HOLDINGS INCNEW+52.8K52.8K+$5M$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

43 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1STATE STR SPDR S&P 500 ETF TTR UNIT17.94%$5.9B9.01M
2AAPLAPPLE INChistory →COM2.23%$729M2.87M
3NVDANVIDIA CORPORATIONhistory →COM2.21%$721M4.13M
4TIDAL TRUST IGOTHAM ENHNCD · GOTHAM 1000 VALU2.16%$706M21.15M
5ISHARES TRCORE S&P500 ETF · 0-3 MNTH TREASRY · CORE MSCI EAFE · RUSSELL 3000 ETF1.94%$635M3.28M
6VTVVANGUARD INDEX FDSVALUE ETF · S&P 500 ETF SHS · TOTAL STK MKT · GROWTH ETF1.42%$463M1.48M
7AMZNAMAZON COM INChistory →COM0.50%$164M789.8K
8GOOGLALPHABET INChistory →CAP STK CL A0.48%$158M549.1K
9SNOWSNOWFLAKE INChistory →COM SHS0.46%$150M991.4K
10MSFTMICROSOFT CORPhistory →COM0.35%$113M305.9K
11AVGOBROADCOM INChistory →COM0.33%$107M345.3K
12WDCWESTERN DIGITAL CORPhistory →COM0.30%$99M367.8K
13APAAPA CORPORATIONhistory →COM0.30%$98M2.32M
14IRDMIRIDIUM COMMUNICATIONS INChistory →COM0.28%$93M3.35M
15TECHNIPFMC PLCCOM0.28%$91M1.32M
16TPRTAPESTRY INChistory →COM0.28%$90M638.0K
17CFCF INDUSTRIES HOLDhistory →COM0.27%$90M690.8K
18ISHARES INCCORE MSCI EMKT0.26%$86M1.23M
19NDQINVESCO QQQ TRhistory →UNIT SER 10.26%$85M148.1K
20CATCATERPILLAR INChistory →COM0.25%$83M117.1K
21MUMICRON TECHNOLOGY INChistory →COM0.25%$83M244.5K
22METAMETA PLATFORMS INChistory →CL A0.25%$81M141.2K
23ABNBAIRBNB INChistory →COM CL A0.24%$78M621.3K
24PLTRPALANTIR TECHNOLOGIES INChistory →CL A0.24%$78M536.0K
25NEMNEWMONT CORPhistory →COM0.24%$77M712.8K
26TSLATESLA INChistory →COM0.23%$76M204.8K
27WEATHERFORD INTL PLCORD SHS0.23%$76M804.6K
28BYDBOYD GAMING CORPhistory →COM0.22%$71M858.0K
29SCCOSOUTHERN COPPER CORPhistory →COM0.21%$68M393.4K
30FIXCOMFORT SYS USA INChistory →COM0.21%$67M48.8K
31NDSNNORDSON CORPhistory →COM0.21%$67M251.8K
32NVENT ELEC PLCSHS0.20%$67M563.7K
33ASTSAST SPACEMOBILE INChistory →COM CL A0.20%$65M780.2K
34DUKDUKE ENERGY CORP NEWhistory →COM NEW0.20%$65M493.7K
35IAU*ISHARES GOLD TRhistory →ISHARES NEW0.20%$64M730.0K
36REGNREGENERON PHARMACEUTICALShistory →COM0.20%$64M82.8K
37SNDKSANDISK CORPhistory →COM0.20%$64M100.5K
38INCYINCYTE CORPhistory →COM0.20%$64M676.7K
39LRCXLAM RESEARCH CORPhistory →COM NEW0.19%$64M297.7K
40RBCRBC BEARINGS INChistory →COM0.19%$63M116.3K
41NTAPNETAPP INChistory →COM0.19%$63M613.6K
42EXPEEXPEDIA GROUP INChistory →COM NEW0.19%$62M268.0K
43CHARLES RIV LABS INTL INCCOM0.19%$62M358.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$32.7B1,749May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$27.4B1,719Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$23.0B1,676Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$16.7B1,655Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$12.0B1,541May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$10.5B1,421Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$9.7B1,402Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$7.7B1,407Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$6.6B1,366May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$5.4B1,324Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$4.8B1,313Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$4.6B1,294Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$4.1B1,309May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$3.6B1,201Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.3B1,156Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.1B1,104Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.2B1,115May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.1B1,126Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.5B1,005Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.4B982Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.2B979May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.0B984Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$3.1B1,011Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$3.3B1,043Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$3.6B1,055May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$5.4B1,087Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$5.7B1,075Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$6.3B1,117Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$6.8B1,162May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$6.4B965Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.