Gotham Asset Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Joel Greenblatt's Gotham Asset Management reported 1,541 stock positions worth $12.0 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 15.4% of the portfolio, followed by Gotham Enhanced 500 ETF (GSPY, 4.1%) and Nvidia (NVDA, 1.9%). Compared with Q4 2024, it opened 268 new positions, sold out of 149, added to 782 and reduced 449. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +38%) and the biggest sale Conocophillips (COP, shares −79%).
- Most Recent 13F
- Q2 2026
- Notable People
- Joel Greenblatt
- Location
- NEW YORK, NY
- CIK
- 0001510387
- Portfolio Value
- $12.0B (Q1 2025)
- SEC Filing
- 0001398344-25-009635 ↗ filed May 15, 2025
Holdings Value
Holdings 1,541 stocks · $12.0B
| SPY SS SPDR S&P 500 ETF Trust-US | 15.39% | 3,296,351 | $1.8B | Add +38.3% |
| GSPY Gotham Enhanced 500 ETF | 4.07% | 15,866,988 | $487.9M | Add +4.3% |
| NVDA Nvidia Corp. | 1.93% | 2,130,699 | $230.9M | Add +5.7% |
| AAPL Apple Inc. | 1.47% | 794,740 | $176.5M | Add +28.0% |
| IVV iShares Core S&P 500 ETF | 1.28% | 272,869 | $153.3M | Add +18.2% |
| AMZN Amazon.com Inc. | 1.15% | 722,121 | $137.4M | Add +106.5% |
| MSFT Microsoft Corp. | 0.75% | 238,926 | $89.7M | Add +5.7% |
| SNOW Snowflake Inc. | 0.69% | 567,693 | $83.0M | Add +27.2% |
| GVLU Gotham 1000 Value ETF | 0.67% | 3,476,950 | $80.2M | No change |
| GOOGL Alphabet Inc. Class A | 0.55% | 425,060 | $65.7M | Add +7.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.53% | 835,139 | $63.2M | Add +1.1% |
| META Meta Platforms Inc. Class A | 0.48% | 99,557 | $57.4M | Add +11.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.43% | 96,845 | $51.6M | Add +22.9% |
| AVGO Broadcom Inc. | 0.38% | 270,076 | $45.2M | Add +25.5% |
| IEMG iShares Core MSCI Emerging | 0.36% | 810,518 | $43.7M | Add +2.5% |
| MRK Merck & Co. Inc. | 0.30% | 395,415 | $35.5M | Reduce -7.0% |
| VOO Vanguard S&P 500 ETF | 0.29% | 68,057 | $35.0M | Add +192.9% |
| QCOM Qualcomm Inc. | 0.28% | 214,913 | $33.0M | Reduce -6.5% |
| CDNS Cadence Design SYS Inc. | 0.27% | 127,975 | $32.5M | Add +17.3% |
| NEM Newmont Corp. | 0.26% | 649,497 | $31.4M | Add +91.3% |
| TPR Tapestry Inc. | 0.26% | 441,650 | $31.1M | Reduce -8.4% |
| ELV Elevance Health Inc. | 0.26% | 70,736 | $30.8M | Add +31.8% |
| EXPE Expedia Group Inc. | 0.25% | 181,657 | $30.5M | Add +26.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.25% | 108,751 | $29.9M | Add +275.2% |
| SWKS Skyworks Solutions Inc. | 0.25% | 457,663 | $29.6M | Add +87.2% |
| GEN Gen Digital Inc. | 0.24% | 1,104,185 | $29.3M | Add +16.7% |
| NRG NRG Energy Inc. | 0.24% | 300,465 | $28.7M | Reduce -16.2% |
| LYB Lyondellbasell Indu Class A | 0.24% | 401,488 | $28.3M | Add +78.8% |
| GILD Gilead Sciences Inc. | 0.23% | 250,994 | $28.1M | Reduce -2.0% |
| EVRG Evergy Inc. | 0.23% | 407,696 | $28.1M | Add +63.0% |
| UTHR United Therapeutics Corp. | 0.23% | 89,342 | $27.5M | Add +46.0% |
| PPG PPG Industries Inc. | 0.23% | 249,387 | $27.3M | Add +39.3% |
| AMED Amedisys Inc. | 0.23% | 292,064 | $27.1M | Add +18.3% |
| ADP Automatic Data Processing | 0.23% | 88,365 | $27.0M | Add +9.3% |
| BRO Brown & Brown Inc. | 0.22% | 214,896 | $26.7M | Add +5.9% |
| FOXA Fox Corp. Class A | 0.22% | 472,170 | $26.7M | Add +8.4% |
| TDG Transdigm Group Inc. | 0.22% | 19,169 | $26.5M | Add +7.6% |
| T AT&T Inc. | 0.22% | 928,041 | $26.2M | Add +21.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.22% | 264,489 | $26.1M | Reduce -6.7% |
| PLTR Palantir Technologies Inc. Class A | 0.22% | 309,263 | $26.1M | Add +27.7% |
| BND Vanguard Total Bond Market | 0.22% | 354,209 | $26.0M | Add +8.7% |
| HWM Howmet Aerospace Inc. | 0.22% | 198,942 | $25.8M | Add +29.1% |
| ANSS Ansys Inc. | 0.21% | 81,330 | $25.7M | Add +15.4% |
| TDY Teledyne Technologies Inc. | 0.21% | 50,957 | $25.4M | Add +18.5% |
| TSLA Tesla Inc. | 0.21% | 97,717 | $25.3M | Add +43.0% |
| RSG Republic Services Inc. | 0.21% | 103,607 | $25.1M | Add +28.0% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.21% | 594,772 | $24.9M | Reduce -9.8% |
| CWEN Clearway Energy Inc. Class C | 0.21% | 814,841 | $24.7M | Add +79.1% |
| BKNG Booking Holdings Inc. | 0.21% | 5,350 | $24.6M | Add +22.0% |
| WSM Williams-Sonoma Inc. | 0.21% | 155,681 | $24.6M | Add +1.7% |
| MAS Masco Corp. | 0.20% | 349,031 | $24.3M | Add +15.5% |
| RL Ralph Lauren Corp. | 0.20% | 109,420 | $24.2M | Add +12.2% |
| MASI Masimo Corp. | 0.20% | 144,590 | $24.1M | Add +13.2% |
| FFIV F5 Inc. | 0.20% | 90,433 | $24.1M | Add +4.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.20% | 68,292 | $24.1M | Add +2.1% |
| IRDM Iridium Communications Inc. | 0.20% | 879,385 | $24.0M | Add +25.0% |
| CME Cme Group Inc. | 0.20% | 90,205 | $23.9M | Add +4.9% |
| GD General Dynamics Corp. | 0.20% | 87,582 | $23.9M | Reduce -23.6% |
| EMR Emerson Electric Co. | 0.20% | 216,790 | $23.8M | Add +1.1% |
| TAP Molson Coors Beverage Co. Class B | 0.20% | 387,768 | $23.6M | Add +18.5% |
| RSP Invesco S&P 500 Equal Weight | 0.20% | 135,559 | $23.5M | Add +54.6% |
| AMH American Homes 4 Rent- A | 0.19% | 616,790 | $23.3M | Add +16.7% |
| CRL Charles River Laboratories | 0.19% | 154,777 | $23.3M | Add +25.1% |
| PPC Pilgrim's Pride Corp. | 0.19% | 425,552 | $23.2M | Add +50.3% |
| PLNT Planet Fitness Inc. Class A | 0.19% | 240,037 | $23.2M | Add +22.6% |
| AGG iShares Core U.S. Aggregate | 0.19% | 232,512 | $23.0M | Add +622.1% |
| CAT Caterpillar Inc. | 0.19% | 69,299 | $22.9M | Reduce -7.6% |
| BYD Boyd Gaming Corp. | 0.19% | 346,787 | $22.8M | Add +39.2% |
| AFL Aflac Inc. | 0.19% | 204,670 | $22.8M | Add +20.8% |
| CHRW C.H. Robinson Worldwide Inc. | 0.19% | 222,154 | $22.7M | Add +78.9% |
| KDP Keurig Dr Pepper Inc. | 0.19% | 662,198 | $22.7M | Reduce -0.6% |
| MNDY Monday.com Ltd. | 0.19% | 93,141 | $22.6M | Add +0.2% |
| HLT Hilton Worldwide Holdings Inc. | 0.19% | 99,299 | $22.6M | Add +0.6% |
| PYPL PayPal Holdings Inc. | 0.19% | 345,931 | $22.6M | Add +23.6% |
| GNRC Generac Holdings Inc. | 0.19% | 176,804 | $22.4M | Add +80.6% |
| ECL Ecolab Inc. | 0.19% | 88,191 | $22.4M | Add +9.6% |
| ULTA Ulta Beauty Inc. | 0.19% | 60,874 | $22.3M | Add +120.9% |
| VTR Ventas Inc. | 0.19% | 323,846 | $22.3M | Add +70.1% |
| WFRD Weatherford International PL | 0.18% | 413,698 | $22.2M | Add +301.1% |
| VNO Vornado Realty Trust | 0.18% | 590,745 | $21.9M | Add +21.4% |
| CEG Constellation Energy | 0.18% | 107,398 | $21.7M | Add +31.3% |
| STE Steris PLC | 0.18% | 95,385 | $21.6M | Reduce -7.5% |
| FMC FMC Corp. | 0.18% | 509,886 | $21.5M | Add +67.9% |
| LECO Lincoln Electric Holdings | 0.18% | 113,666 | $21.5M | Reduce -10.0% |
| APP AppLovin Corp. Class A | 0.18% | 80,803 | $21.4M | Add +3.5% |
| J Jacobs Solutions Inc. | 0.18% | 176,970 | $21.4M | Add +30.5% |
| WSO Watsco Inc. | 0.18% | 42,056 | $21.4M | Add +55.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.18% | 57,542 | $21.3M | Add +38.4% |
| MTZ Mastec Inc. | 0.18% | 182,388 | $21.3M | Add +8.8% |
| LKQ LKQ Corp. | 0.18% | 499,723 | $21.3M | Reduce -21.9% |
| GM General Motors Co. | 0.18% | 450,422 | $21.2M | Add +13.6% |
| VMI Valmont Industries | 0.18% | 74,125 | $21.2M | Add +57.0% |
| HR Healthcare Realty Trust Inc. | 0.18% | 1,251,215 | $21.1M | Add +34.7% |
| OMC Omnicom Group | 0.18% | 253,963 | $21.1M | Add +11.0% |
| CVX Chevron Corp. | 0.18% | 125,629 | $21.0M | Reduce -35.9% |
| CI The Cigna Group | 0.17% | 63,694 | $21.0M | Reduce -14.9% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.17% | 267,465 | $20.9M | Add +42.3% |
| CPRT Copart Inc. | 0.17% | 369,080 | $20.9M | Add +60.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.17% | 171,188 | $20.9M | Add +32.5% |
| OGN Organon & Co. | 0.17% | 1,400,250 | $20.8M | Add +74.3% |
Portfolio Sells Q4 2024 → Q1 2025
| COP Conocophillips | Reduce -79.0% | 0.05% | −0.22 |
| D Dominion Energy Inc. | Reduce -67.3% | 0.07% | −0.17 |
| AMAT Applied Materials Inc. | Reduce -37.6% | 0.15% | −0.16 |
| EOG EOG Resources Inc. | Reduce -60.2% | 0.09% | −0.15 |
| HOLX Hologic Inc. | Reduce -49.4% | 0.09% | −0.14 |
| GE General Electric | Reduce -67.5% | 0.07% | −0.14 |
| JNJ Johnson & Johnson | Reduce -50.6% | 0.14% | −0.14 |
| NTAP Netapp Inc. | Reduce -42.5% | 0.08% | −0.14 |
| HST Host Hotels & Resorts Inc. | Reduce -76.2% | 0.03% | −0.13 |
| VTRS Viatris Inc. | Reduce -46.4% | 0.06% | −0.12 |
| OKE Oneok Inc. | Reduce -62.5% | 0.06% | −0.11 |
| THC Tenet Healthcare Corp. | Reduce -81.3% | 0.02% | −0.11 |
| SON Sonoco Products Co. | Sold out | 0.00% | −0.11 |
| PSX Phillips 66 | Reduce -66.1% | 0.05% | −0.11 |
| LOW Lowe's Cos Inc. | Reduce -58.6% | 0.06% | −0.11 |
| BEPC Brookfield Renewable Corp. | Reduce -42.9% | 0.11% | −0.10 |
| XRAY Dentsply Sirona Inc. | Reduce -64.6% | 0.03% | −0.10 |
| MRK Merck & Co. Inc. | Reduce -7.0% | 0.30% | −0.10 |
| NVT Nvent Electric PLC | Reduce -39.1% | 0.07% | −0.10 |
| CVX Chevron Corp. | Reduce -35.9% | 0.18% | −0.09 |
| LDOS Leidos Holdings Inc. | Reduce -26.2% | 0.14% | −0.09 |
| AZTA Azenta Inc. | Reduce -97.0% | 0.00% | −0.09 |
| MAR Marriott International Class A | Reduce -47.0% | 0.06% | −0.09 |
| MKSI MKS Inc. | Reduce -70.6% | 0.02% | −0.09 |
| GD General Dynamics Corp. | Reduce -23.6% | 0.20% | −0.09 |
| KBR KBR Inc. | Reduce -44.4% | 0.06% | −0.08 |
| HPE Hewlett Packard Enterprise | Reduce -22.0% | 0.08% | −0.08 |
| SO The Southern Co. | Reduce -49.6% | 0.08% | −0.08 |
| CHDN Churchill Downs Inc. | Reduce -43.0% | 0.06% | −0.08 |
| DIS The Walt Disney Co. | Reduce -6.7% | 0.22% | −0.08 |
| FCN Fti Consulting Inc. | Reduce -60.0% | 0.03% | −0.08 |
| H Hyatt Hotels Corp. Class A | Reduce -64.0% | 0.03% | −0.08 |
| RVTY Revvity Inc. | Reduce -33.8% | 0.10% | −0.08 |
| FLO Flowers Foods Inc. | Reduce -36.3% | 0.08% | −0.08 |
| DV Doubleverify Holdings Inc. | Reduce -93.5% | 0.00% | −0.08 |
| WEX Wex Inc. | Reduce -28.5% | 0.10% | −0.08 |
| SAM Boston Beer Company Inc. Class A | Reduce -38.8% | 0.05% | −0.07 |
| VSXY Victoria's Secret & Co. | Reduce -4.1% | 0.04% | −0.07 |
| LMT Lockheed Martin Corp. | Reduce -29.4% | 0.09% | −0.07 |
| SYY Sysco Corp. | Reduce -72.5% | 0.02% | −0.07 |
| GNTX Gentex Corp. | Reduce -57.1% | 0.03% | −0.07 |
| PATH Uipath Inc. Class A | Reduce -76.3% | 0.01% | −0.07 |
| THO Thor Industries Inc. | Reduce -81.3% | 0.01% | −0.07 |
| MDLZ Mondelez International Inc. Class A | Reduce -30.6% | 0.16% | −0.07 |
| VLO Valero Energy Corp. | Reduce -63.3% | 0.04% | −0.07 |
| GLOB Globant SA | Reduce -60.6% | 0.02% | −0.07 |
| MOS The Mosaic Co. | Reduce -53.0% | 0.06% | −0.07 |
| NRG NRG Energy Inc. | Reduce -16.2% | 0.24% | −0.07 |
| CAT Caterpillar Inc. | Reduce -7.6% | 0.19% | −0.07 |
| OVV Ovintiv Inc. | Reduce -77.4% | 0.02% | −0.07 |
Portfolio Buys Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Add +38.3% | 15.39% | +2.14 |
| AMZN Amazon.com Inc. | Add +106.5% | 1.15% | +0.42 |
| VOO Vanguard S&P 500 ETF | Add +192.9% | 0.29% | +0.17 |
| VTI VG Morningstar TS MKT ETF-US | Add +275.2% | 0.25% | +0.17 |
| AGG iShares Core U.S. Aggregate | Add +622.1% | 0.19% | +0.16 |
| MRP Millrose Properties | Add +24656.4% | 0.14% | +0.14 |
| NEM Newmont Corp. | Add +91.3% | 0.26% | +0.14 |
| LUNR Intuitive Machines Inc. | New | 0.13% | +0.13 |
| BG Bunge Global SA | Add +1001.9% | 0.13% | +0.12 |
| EXE Expand Energy Corp. | Add +238.4% | 0.16% | +0.12 |
| WFRD Weatherford International PL | Add +301.1% | 0.18% | +0.11 |
| PCTY Paylocity Holding Corp. | New | 0.11% | +0.11 |
| CRH CRH PLC | New | 0.11% | +0.11 |
| ROM Proshares Ultra Technology | New | 0.09% | +0.09 |
| CWEN Clearway Energy Inc. Class C | Add +79.1% | 0.21% | +0.09 |
| AXS Axis Capital Holdings Ltd. | Add +160.1% | 0.15% | +0.09 |
| REGN Regeneron Pharmaceuticals | Add +180.6% | 0.17% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +22.9% | 0.43% | +0.09 |
| WMS Advanced Drainage Systems Inc. | Add +236.5% | 0.14% | +0.09 |
| GSY Invesco Ultra Short Duration | Add +349.6% | 0.12% | +0.09 |
| EVRG Evergy Inc. | Add +63.0% | 0.23% | +0.09 |
| BOND PIMCO Active Bond Exchange-T | Add +517.2% | 0.10% | +0.09 |
| CBRE CBRE Group Inc. Class A | Add +526.0% | 0.10% | +0.08 |
| VEA Vanguard Ftse Developed ETF | Add +511.5% | 0.10% | +0.08 |
| CHRD Chord Energy Corp. | Add +864.5% | 0.09% | +0.08 |
| DINO HF Sinclair Corp. | Add +212.1% | 0.13% | +0.08 |
| SGOV iShares 0-3 Month Treasury B | Add +576.0% | 0.10% | +0.08 |
| VTR Ventas Inc. | Add +70.1% | 0.19% | +0.08 |
| LYB Lyondellbasell Indu Class A | Add +78.8% | 0.24% | +0.08 |
| AVLV Avantis US Large Cap Value | New | 0.08% | +0.08 |
| NDSN Nordson Corp. | Add +910.5% | 0.09% | +0.08 |
| VXUS Vanguard Total Intl Stock | Add +527.9% | 0.09% | +0.08 |
| APA Apa Corp. | Add +505.9% | 0.09% | +0.07 |
| ULTA Ulta Beauty Inc. | Add +120.9% | 0.19% | +0.07 |
| PPC Pilgrim's Pride Corp. | Add +50.3% | 0.19% | +0.07 |
| ELV Elevance Health Inc. | Add +31.8% | 0.26% | +0.07 |
| CHRW C.H. Robinson Worldwide Inc. | Add +78.9% | 0.19% | +0.07 |
| PII Polaris Inc. | Add +900.6% | 0.08% | +0.07 |
| S Sentinelone Inc. Class A | New | 0.07% | +0.07 |
| LH Labcorp Holdings Inc. | Add +145.0% | 0.12% | +0.07 |
| TPL Texas Pacific Land Corp. | Add +97.0% | 0.12% | +0.06 |
| NI Nisource Inc. | Add +365.8% | 0.08% | +0.06 |
| PNW Pinnacle West Capital | Add +111.6% | 0.12% | +0.06 |
| RBA RB Global Inc. | Add +91.6% | 0.14% | +0.06 |
| TYL Tyler Technologies Inc. | Add +141.4% | 0.12% | +0.06 |
| RBC RBC Bearings Inc. | Add +95.1% | 0.14% | +0.06 |
| POST Post Holdings Inc. | Add +504.3% | 0.08% | +0.06 |
| EQIX Equinix Inc. | Add +165.5% | 0.12% | +0.06 |
| FTV Fortive Corp. | Add +621.0% | 0.07% | +0.06 |
| AVY Avery Dennison Corp. | Add +149.2% | 0.12% | +0.06 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,791 | $43.0B | SPY, AAPL, NVDA, GSPY, IVV |
| Q1 2026 | 1,749 | $32.7B | SPY, AAPL, NVDA, GSPY, IVV |
| Q4 2025 | 1,719 | $27.4B | SPY, GSPY, NVDA, AAPL, IVV |
| Q3 2025 | 1,676 | $23.0B | SPY, GSPY, NVDA, AAPL, IVV |
| Q2 2025 | 1,655 | $16.7B | SPY, GSPY, NVDA, AAPL, IVV |
| Q1 2025 | 1,541 | $12.0B | SPY, GSPY, NVDA, AAPL, IVV |
| Q4 2024 | 1,421 | $10.5B | SPY, GSPY, NVDA, AAPL, IVV |
| Q3 2024 | 1,402 | $9.7B | SPY, GSPY, NVDA, IVV, AAPL |
| Q2 2024 | 1,407 | $7.7B | SPY, GSPY, NVDA, IVV, MSFT |
| Q1 2024 | 1,366 | $6.6B | SPY, GSPY, IVV, NVDA, AAPL |