Joel Greenblatt is a US-American asset manager, author, and adjunct professor at Columbia University. In his book, he describes his investment strategy called „Magic Formula Investing“. Magic Formula Investing is an investment strategy that filters out the best stocks through two metrics; RoIC (Return on Invested Capital) and profit yield. Furthermore, Greenblatt is the founder of the website Value Investors Club where a limited number of investors share advice.
Joel Greenblatt's investment portfolio features diverse top stock positions, indicating a strategic approach to the market. Leading his investments with 8.9% is SSgA Active Trust - SPDR S&P 500 ETF Trust, providing broad exposure to large-cap U.S. stocks. Following closely at 6.1%, Tidal ETF Trust - Gotham Enhanced 500 ETF reinforces his preference for S&P 500-linked assets, enhancing potential investor interest in similar index strategies. BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF, holding 1.7% of his portfolio, further underscores steady confidence in foundational large-cap equities.
Technology giants Microsoft Corporation and Apple Inc also figure prominently, making up 1.4% and 1.3% of his holdings, respectively. These stocks reflect Greenblatt's inclination towards established companies with strong market dominance and growth prospects, likely appealing to investors seeking stability combined with innovation-driven appreciation potential. Overall, these five stocks reveal Joel Greenblatt’s calculated balance between passive index-tracking instruments and active bets on leading tech players within his well-rounded investment strategy.