Joel Greenblatt’s Top 10 Holdings (Q2 2020) – Plus Top Buys & Sells

One of the best resources for investors are the publicly available 13F-HR documents that each fund is required to submit to the SEC. These documents allow investors to track their favorite superinvestors, their fund’s current holdings, plus their new buys and sold out positions. We spend a lot of time here at The Acquirer’s Multiple digging through these 13F-HR documents to find out which superinvestors hold positions in the stocks listed in our Stock Screeners.

Get The Full Ray Dalio Series in PDF

Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues

Q2 2020 hedge fund letters, conferences and more

As a new weekly feature, we’re now providing the top 10 holdings from some of our favorite superinvestors based on their latest 13F-HR documents.

Q2 Hedge Funds Resource PageSimply click the menu below to perform sorting functions. Page is updated very frequently so please come back or bookmark the page. This database is complied by scouring hundreds of sites, emails and last but not least Valuewalk’s top-notch exclusive sources network. We believe we have the MOST extensive source out there of what is Read More

This week we’ll take a look at superinvestor Joel Greenblatt (6-30-2020). The current market value of Joel Greenblatt’s portfolio is $3,341,305,000, with a top 10 holdings concentration of 12.85%.

Joel Greenblatt’s Top 10 Holdings

Stock Shares Market Value % of
Portfolio
AAPL / Apple, Inc. 194,425 $70,926,000 2.12
MSFT / Microsoft Corp. 317,488 $64,612,000 1.93
AMZN / Amazon.com, Inc. 20,889 $57,629,000 1.72
GOOGL / Alphabet Inc. 32,008 $45,389,000 1.36
FB / Facebook, Inc. 172,231 $39,108,000 1.17
ORCL / Oracle Corp. 601,439 $33,242,000 0.99
MDT / Medtronic plc 333,739 $30,604,000 0.92
PFE / Pfizer, Inc. 931,357 $30,455,000 0.91
WMT / Walmart, Inc. 241,892 $28,974,000 0.87
INTC / Intel Corp. 473,180 $28,310,000 0.85

Top Buys

Stock %
Impact on Portfolio
AMZN / Amazon.com, Inc. 1.15
MSFT / Microsoft Corp. 1.00
FB / Facebook, Inc. 0.78
GOOGL / Alphabet Inc. 0.65
ADP / Automatic Data Processing, Inc. 0.54

Top Sells

Stock %
Impact On Portfolio
TJX / TJX Companies, Inc. (The) 0.86
RTN / Raytheon Co. 0.71
SWK / Stanley Black & Decker, Inc. 0.46
DAL / Delta Air Lines, Inc. 0.46
MMM / 3M Co. 0.44

For more articles like this, check out our recent articles here.

FREE Stock Screener

Previous articleAssessing A Company’s Liquidation Value
Next articleSafety First: Protecting Your Brand on TikTok, Reels and The Next New App

The Acquirer’s Multiple® is the valuation ratio used to find attractive takeover candidates. It examines several financial statement items that other multiples like the price-to-earnings ratio do not, including debt, preferred stock, and minority interests; and interest, tax, depreciation, amortization. The Acquirer’s Multiple® is calculated as follows: Enterprise Value / Operating Earnings* It is based on the investment strategy described in the book Deep Value: Why Activist Investors and Other Contrarians Battle for Control of Losing Corporations, written by Tobias Carlisle, founder of acquirersmultiple.com. The Acquirer’s Multiple® differs from The Magic Formula® Earnings Yield because The Acquirer’s Multiple® uses operating earnings in place of EBIT. Operating earnings is constructed from the top of the income statement down, where EBIT is constructed from the bottom up. Calculating operating earnings from the top down standardizes the metric, making a comparison across companies, industries and sectors possible, and, by excluding special items–earnings that a company does not expect to recur in future years–ensures that these earnings are related only to operations. Similarly, The Acquirer’s Multiple® differs from the ordinary enterprise multiple because it uses operating earnings in place of EBITDA, which is also constructed from the bottom up. Tobias Carlisle is also the Chief Investment Officer of Carbon Beach Asset Management LLC. He’s best known as the author of the well regarded Deep Value website Greenbackd, the book Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014, Wiley Finance), and Quantitative Value: A Practitioner’s Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012, Wiley Finance). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law. Articles written for Seeking Alpha are provided by the team of analysts at acquirersmultiple.com, home of The Acquirer’s Multiple Deep Value Stock Screener. All metrics use trailing twelve month or most recent quarter data. * The screener uses the CRSP/Compustat merged database “OIADP” line item defined as “Operating Income After Depreciation.”

Comments are closed.