Gotham Asset Management
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Joel Greenblatt's Gotham Asset Management reported 1,719 stock positions worth $27.4 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 16.8% of the portfolio, followed by Gotham Enhanced 500 ETF (GSPY, 2.2%) and Nvidia (NVDA, 2.0%). Compared with Q3 2025, it opened 159 new positions, sold out of 118, added to 942 and reduced 515. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +20%) and the biggest sale an exit from Hologic (HOLX).
- Most Recent 13F
- Q2 2026
- Notable People
- Joel Greenblatt
- Location
- NEW YORK, NY
- CIK
- 0001510387
- Portfolio Value
- $27.4B (Q4 2025)
- SEC Filing
- 0001398344-26-003287 ↗ filed Feb 17, 2026
Holdings Value
Holdings 1,719 stocks · $27.4B
| SPY SS SPDR S&P 500 ETF Trust-US | 16.75% | 6,727,201 | $4.6B | Add +19.7% |
| GSPY Gotham Enhanced 500 ETF | 2.25% | 16,722,835 | $615.9M | Add +0.0% |
| NVDA Nvidia Corp. | 2.01% | 2,953,156 | $550.8M | Add +3.1% |
| AAPL Apple Inc. | 1.55% | 1,562,604 | $424.8M | Add +9.3% |
| IVV iShares Core S&P 500 ETF | 1.02% | 407,700 | $279.3M | Add +6.5% |
| AMZN Amazon.com Inc. | 0.84% | 993,450 | $229.3M | Add +1.5% |
| SNOW Snowflake Inc. | 0.79% | 990,125 | $217.2M | Add +3.5% |
| SGOV iShares 0-3 Month Treasury B | 0.66% | 1,787,394 | $179.4M | Add +15.2% |
| GOOGL Alphabet Inc. Class A | 0.60% | 521,193 | $163.1M | Add +3.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.53% | 766,649 | $146.4M | Add +283.3% |
| MSFT Microsoft Corp. | 0.51% | 285,976 | $138.3M | Add +1.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.47% | 1,402,978 | $128.2M | Add +380.7% |
| AVGO Broadcom Inc. | 0.42% | 333,654 | $115.5M | Add +3.9% |
| VOO Vanguard S&P 500 ETF | 0.41% | 180,596 | $113.3M | Add +14.2% |
| ABNB Airbnb Inc. Class A | 0.39% | 783,554 | $106.3M | Add +11589.6% |
| GVLU Gotham 1000 Value ETF | 0.34% | 3,826,950 | $94.3M | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.32% | 993,241 | $88.9M | Add +12.6% |
| WDC Western Digital Corp. | 0.32% | 506,754 | $87.3M | Reduce -4.7% |
| META Meta Platforms Inc. Class A | 0.32% | 131,914 | $87.1M | Add +18.0% |
| PLTR Palantir Technologies Inc. Class A | 0.29% | 449,606 | $79.9M | Add +9.8% |
| TSLA Tesla Inc. | 0.27% | 164,680 | $74.1M | Add +4.5% |
| TPR Tapestry Inc. | 0.27% | 576,727 | $73.7M | Reduce -3.9% |
| NEM Newmont Corp. | 0.26% | 716,806 | $71.6M | Add +0.1% |
| CAT Caterpillar Inc. | 0.26% | 122,473 | $70.2M | Add +5.0% |
| IEMG iShares Core MSCI Emerging | 0.25% | 1,013,747 | $68.1M | Add +14.1% |
| DAL Delta Air Lines Inc. | 0.25% | 972,583 | $67.5M | Add +47.6% |
| WFRD Weatherford International PL | 0.24% | 849,273 | $66.5M | Add +8.1% |
| DUK Duke Energy Corp. | 0.24% | 561,222 | $65.8M | Add +148.4% |
| MU Micron Technology Inc. | 0.24% | 230,124 | $65.7M | Reduce -22.9% |
| IAU iShares Gold Trust | 0.24% | 796,388 | $64.6M | Add +184.0% |
| SCCO Southern Copper Corp. | 0.23% | 445,987 | $64.0M | Add +5.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.23% | 103,627 | $63.7M | Add +0.5% |
| EXPE Expedia Group Inc. | 0.23% | 220,113 | $62.4M | Add +45.9% |
| REGN Regeneron Pharmaceuticals | 0.23% | 80,271 | $62.0M | Reduce -4.7% |
| GOOG Alphabet Inc. Class C | 0.23% | 196,826 | $61.8M | Add +8.7% |
| ASTS Ast Spacemobile Inc. | 0.22% | 825,517 | $60.0M | Reduce -2.2% |
| FTI Technipfmc PLC | 0.22% | 1,336,215 | $59.5M | Add +65.2% |
| EXE Expand Energy Corp. | 0.22% | 536,775 | $59.2M | Add +32.7% |
| NDSN Nordson Corp. | 0.21% | 244,680 | $58.8M | Add +17.1% |
| LULU Lululemon Athletica Inc. | 0.21% | 282,434 | $58.7M | Add +215.7% |
| BYD Boyd Gaming Corp. | 0.21% | 683,674 | $58.3M | Add +33.5% |
| NVT Nvent Electric PLC | 0.21% | 570,862 | $58.2M | Add +11.8% |
| CRL Charles River Laboratories | 0.21% | 289,516 | $57.8M | Reduce -8.3% |
| CHDN Churchill Downs Inc. | 0.21% | 496,205 | $56.5M | Add +20.9% |
| APA Apa Corp. | 0.20% | 2,289,986 | $56.0M | Add +45.0% |
| GEN Gen Digital Inc. | 0.20% | 2,031,771 | $55.2M | Add +35.4% |
| FOXA Fox Corp. Class A | 0.20% | 737,825 | $53.9M | Add +12.2% |
| SNDK Sandisk Corp. | 0.19% | 224,493 | $53.3M | Reduce -21.2% |
| APP AppLovin Corp. Class A | 0.19% | 79,024 | $53.2M | Reduce -3.3% |
| RBC RBC Bearings Inc. | 0.19% | 117,141 | $52.5M | Add +14.3% |
| ULTA Ulta Beauty Inc. | 0.19% | 86,415 | $52.3M | Add +18.3% |
| CSCO Cisco Systems Inc. | 0.19% | 677,023 | $52.2M | Reduce -2.2% |
| NTAP Netapp Inc. | 0.19% | 483,487 | $51.8M | Add +16.5% |
| PNR Pentair PLC | 0.19% | 491,817 | $51.2M | Add +27.0% |
| FIX Comfort Systems USA Inc. | 0.19% | 54,395 | $50.8M | Add +42.8% |
| LRCX Lam Research Corp. | 0.18% | 295,410 | $50.6M | Add +24.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.18% | 100,492 | $50.5M | Reduce -2.7% |
| JNJ Johnson & Johnson | 0.18% | 239,366 | $49.5M | Add +12.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.18% | 435,304 | $49.5M | Add +6.1% |
| BEPC Brookfield Renewable Corp. | 0.18% | 1,287,302 | $49.4M | Add +128.4% |
| GD General Dynamics Corp. | 0.18% | 146,322 | $49.3M | Add +8.3% |
| ORI Old Republic Intl Corp. | 0.18% | 1,079,217 | $49.3M | Add +32.0% |
| EVRG Evergy Inc. | 0.18% | 679,078 | $49.2M | Add +21.1% |
| LSTR Landstar System Inc. | 0.18% | 340,451 | $48.9M | Add +30.8% |
| BIIB Biogen Inc. | 0.18% | 276,809 | $48.7M | Add +2.3% |
| JBL Jabil Inc. | 0.18% | 213,192 | $48.6M | Add +1.8% |
| SAM Boston Beer Company Inc. Class A | 0.18% | 248,910 | $48.6M | Add +16.7% |
| VRSN Verisign Inc. | 0.18% | 199,621 | $48.5M | Add +90.6% |
| APH Amphenol Corp. Class A | 0.17% | 353,888 | $47.8M | Add +10.8% |
| CCK Crown Holdings Inc. | 0.17% | 463,482 | $47.7M | Add +70.1% |
| CHRW C.H. Robinson Worldwide Inc. | 0.17% | 296,468 | $47.7M | Add +13.7% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.17% | 260,328 | $47.5M | Add +60.7% |
| PLNT Planet Fitness Inc. Class A | 0.17% | 437,862 | $47.5M | Add +23.1% |
| FDS Factset Research Systems Inc. | 0.17% | 163,482 | $47.4M | Add +583.8% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.17% | 609,665 | $47.2M | Add +53.9% |
| OMC Omnicom Group | 0.17% | 583,675 | $47.1M | Add +31.1% |
| MRK Merck & Co. Inc. | 0.17% | 447,427 | $47.1M | Reduce -24.5% |
| AMKR Amkor Technology Inc. | 0.17% | 1,192,652 | $47.1M | Reduce -15.6% |
| OXY Occidental Petroleum Corp. | 0.17% | 1,130,736 | $46.5M | Add +43.3% |
| MAA Mid-America Apartment Comm | 0.17% | 330,474 | $45.9M | Add +62.3% |
| BKNG Booking Holdings Inc. | 0.17% | 8,550 | $45.8M | Add +17.0% |
| MTZ Mastec Inc. | 0.16% | 207,529 | $45.1M | Reduce -1.8% |
| GM General Motors Co. | 0.16% | 554,707 | $45.1M | Add +76.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.16% | 92,450 | $45.1M | Add +11.5% |
| HWM Howmet Aerospace Inc. | 0.16% | 219,661 | $45.0M | Add +4.0% |
| MRSH Marsh & McLennan Cos | 0.16% | 241,655 | $44.8M | Add +108.3% |
| ROK Rockwell Automation Inc. | 0.16% | 115,163 | $44.8M | Add +34.6% |
| AFL Aflac Inc. | 0.16% | 405,813 | $44.7M | Add +29.4% |
| PNW Pinnacle West Capital | 0.16% | 504,112 | $44.7M | Add +37.0% |
| PII Polaris Inc. | 0.16% | 706,173 | $44.7M | Reduce -6.3% |
| DDS Dillards Inc. Class A | 0.16% | 73,642 | $44.7M | Add +10.7% |
| TNL Travel + Leisure Co. | 0.16% | 631,336 | $44.5M | Add +139.2% |
| MASI Masimo Corp. | 0.16% | 342,194 | $44.5M | Add +165.2% |
| VTRS Viatris Inc. | 0.16% | 3,545,110 | $44.1M | Add +5.8% |
| FLO Flowers Foods Inc. | 0.16% | 4,026,582 | $43.8M | Add +859.6% |
| VRSK Verisk Analytics Inc. | 0.16% | 195,756 | $43.8M | Add +201.3% |
| OC Owens Corning | 0.16% | 389,784 | $43.6M | Add +19.6% |
| PTC PTC Inc. | 0.16% | 250,288 | $43.6M | Add +63.9% |
| HAS Hasbro Inc. | 0.16% | 530,297 | $43.5M | Add +59.3% |
| BMY Bristol-Myers Squibb Co. | 0.15% | 782,868 | $42.2M | Add +12.1% |
Portfolio Sells Q3 2025 → Q4 2025
| HOLX Hologic Inc. | Sold out | 0.00% | −0.19 |
| PKG Packaging Corp. of America | Reduce -64.1% | 0.06% | −0.16 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -44.8% | 0.08% | −0.13 |
| GNTX Gentex Corp. | Reduce -61.5% | 0.04% | −0.12 |
| BRO Brown & Brown Inc. | Reduce -39.4% | 0.09% | −0.12 |
| OGN Organon & Co. | Reduce -28.5% | 0.07% | −0.10 |
| SMCI Super Micro Computer Inc. | Reduce -84.0% | 0.01% | −0.10 |
| K Kellanova | Sold out | 0.00% | −0.10 |
| JHX James Hardie Ind PLC | Reduce -68.9% | 0.04% | −0.09 |
| CVX Chevron Corp. | Reduce -82.8% | 0.02% | −0.09 |
| CLX Clorox Company | Reduce -46.1% | 0.05% | −0.09 |
| OLED Universal Display Corp. | Reduce -69.1% | 0.02% | −0.09 |
| NVR NVR Inc. | Reduce -68.0% | 0.03% | −0.09 |
| EOG EOG Resources Inc. | Reduce -97.4% | 0.00% | −0.09 |
| LPX Louisiana-Pacific Corp. | Reduce -66.8% | 0.03% | −0.09 |
| IPG Interpublic Group of Cos Inc. | Sold out | 0.00% | −0.09 |
| PFE Pfizer Inc. | Reduce -40.5% | 0.08% | −0.08 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -43.5% | 0.06% | −0.08 |
| RBLX Roblox Corp. Class A | Reduce -27.3% | 0.05% | −0.08 |
| ADP Automatic Data Processing | Reduce -26.6% | 0.09% | −0.08 |
| V Visa Inc. Class A | Reduce -27.0% | 0.13% | −0.08 |
| REYN Reynolds Consumer Products I | Reduce -31.8% | 0.09% | −0.08 |
| HPQ HP Inc. | Reduce -18.1% | 0.10% | −0.07 |
| TFX Teleflex Inc. | Reduce -80.1% | 0.01% | −0.07 |
| CRS Carpenter Technology | Reduce -45.8% | 0.10% | −0.07 |
| LOW Lowe's Cos Inc. | Reduce -38.1% | 0.07% | −0.07 |
| AVY Avery Dennison Corp. | Reduce -45.0% | 0.08% | −0.07 |
| EQT Eqt Corp. | Reduce -50.1% | 0.05% | −0.07 |
| GNRC Generac Holdings Inc. | Reduce -13.9% | 0.10% | −0.07 |
| ORCL Oracle Corp. | Reduce -12.7% | 0.07% | −0.07 |
| NKE Nike Inc. Class B | Reduce -76.8% | 0.02% | −0.07 |
| SWKS Skyworks Solutions Inc. | Reduce -5.3% | 0.13% | −0.07 |
| PAYC Paycom Software Inc. | Reduce -55.6% | 0.03% | −0.07 |
| AR Antero Resources Corp. | Reduce -62.8% | 0.03% | −0.07 |
| NFG National Fuel Gas Co. | Reduce -4.8% | 0.15% | −0.06 |
| AOS Smith (a.o.) Corp. | Reduce -58.1% | 0.03% | −0.06 |
| KMI Kinder Morgan Inc. | Reduce -39.9% | 0.06% | −0.06 |
| KBR KBR Inc. | Reduce -20.6% | 0.08% | −0.06 |
| UI Ubiquiti Inc. | Reduce -13.8% | 0.09% | −0.06 |
| CME Cme Group Inc. | Reduce -17.6% | 0.14% | −0.06 |
| ESI Element Solutions Inc. | Reduce -26.6% | 0.10% | −0.06 |
| APP AppLovin Corp. Class A | Reduce -3.3% | 0.19% | −0.06 |
| SNPS Synopsys Inc. | Reduce -85.4% | 0.01% | −0.06 |
| VNO Vornado Realty Trust | Reduce -39.9% | 0.04% | −0.06 |
| FERG Ferguson Enterprises Inc. | Reduce -22.3% | 0.10% | −0.06 |
| HIW Highwoods Properties Inc. | Reduce -19.7% | 0.07% | −0.06 |
| PPLI People Inc. | Reduce -71.2% | 0.02% | −0.06 |
| AXON Axon Enterprise Inc. | Reduce -42.4% | 0.03% | −0.06 |
| QGEN Qiagen N.V. | Sold out | 0.00% | −0.05 |
| IR Ingersoll-Rand Inc. | Reduce -26.4% | 0.08% | −0.05 |
Portfolio Buys Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Add +19.7% | 16.75% | +0.46 |
| ABNB Airbnb Inc. Class A | Add +11589.6% | 0.39% | +0.38 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +283.3% | 0.53% | +0.37 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +380.7% | 0.47% | +0.35 |
| IAU iShares Gold Trust | Add +184.0% | 0.24% | +0.15 |
| LULU Lululemon Athletica Inc. | Add +215.7% | 0.21% | +0.14 |
| FDS Factset Research Systems Inc. | Add +583.8% | 0.17% | +0.14 |
| FLO Flowers Foods Inc. | Add +859.6% | 0.16% | +0.14 |
| IRDM Iridium Communications Inc. | Add +651.1% | 0.15% | +0.12 |
| DUK Duke Energy Corp. | Add +148.4% | 0.24% | +0.12 |
| BEPC Brookfield Renewable Corp. | Add +128.4% | 0.18% | +0.10 |
| MLI Mueller Industries Inc. | Add +310.7% | 0.13% | +0.10 |
| TNL Travel + Leisure Co. | Add +139.2% | 0.16% | +0.09 |
| VRSK Verisk Analytics Inc. | Add +201.3% | 0.16% | +0.09 |
| EXPE Expedia Group Inc. | Add +45.9% | 0.23% | +0.09 |
| ALSN Allison Transmission Holding | Add +164.9% | 0.14% | +0.09 |
| PGR Progressive Corp. | Add +393.6% | 0.12% | +0.09 |
| DAL Delta Air Lines Inc. | Add +47.6% | 0.25% | +0.08 |
| GM General Motors Co. | Add +76.8% | 0.16% | +0.08 |
| MASI Masimo Corp. | Add +165.2% | 0.16% | +0.08 |
| FTI Technipfmc PLC | Add +65.2% | 0.22% | +0.08 |
| KDP Keurig Dr Pepper Inc. | Add +129.5% | 0.14% | +0.07 |
| CRWV Coreweave Inc. Class A | New | 0.07% | +0.07 |
| PSA Public Storage | Add +194.8% | 0.13% | +0.07 |
| JKHY Jack Henry & Associates Inc. | Add +60.7% | 0.17% | +0.07 |
| VLO Valero Energy Corp. | Add +180.2% | 0.12% | +0.07 |
| FCX Freeport-McMoran Inc. | Add +79.5% | 0.14% | +0.07 |
| HUN Huntsman Corp. | Add +4003.2% | 0.07% | +0.06 |
| GOOGL Alphabet Inc. Class A | Add +3.6% | 0.60% | +0.06 |
| MRSH Marsh & McLennan Cos | Add +108.3% | 0.16% | +0.06 |
| CCK Crown Holdings Inc. | Add +70.1% | 0.17% | +0.06 |
| CLH Clean Harbors Inc. | Add +204.0% | 0.10% | +0.06 |
| PAYX Paychex Inc. | Add +125.2% | 0.15% | +0.06 |
| ALK Alaska Air Group Inc. | Add +121.8% | 0.13% | +0.06 |
| MNST Monster Beverage Corp. | Add +75.4% | 0.14% | +0.06 |
| VTR Ventas Inc. | Add +71.6% | 0.15% | +0.06 |
| FCN Fti Consulting Inc. | Add +229.5% | 0.09% | +0.06 |
| HII Huntington Ingalls Industrie | Add +378.7% | 0.07% | +0.06 |
| AA Alcoa Corp. | Add +38.9% | 0.12% | +0.06 |
| MORN Morningstar Inc. | Add +314.6% | 0.08% | +0.06 |
| A Agilent Technologies Inc. | Add +269.1% | 0.08% | +0.05 |
| ARMK Aramark | Add +252.6% | 0.08% | +0.05 |
| DVN Devon Energy Corp. | Add +94.5% | 0.13% | +0.05 |
| RS Reliance Inc. | Add +171.0% | 0.09% | +0.05 |
| ATI Ati Inc. | Add +47.3% | 0.12% | +0.05 |
| ROIV Roivant Sciences Ltd. | Add +180.0% | 0.07% | +0.05 |
| THC Tenet Healthcare Corp. | Add +240.9% | 0.08% | +0.05 |
| DD Dupont DE Nemours Inc. | Add +358.3% | 0.10% | +0.05 |
| VRSN Verisign Inc. | Add +90.6% | 0.18% | +0.05 |
| SOLS Solstice Adv Materials Inc. | Add +1569.5% | 0.05% | +0.05 |
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 |