Joel Greenblatt Portfolio

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 emphasizes large-cap, highly liquid U.S. stocks and broad market exposure through disciplined, value-leaning investing principles focused on quality business models and steady earnings power. The top five stock investments directly include:
1) SPDR S&P 500 ETF Trust (SSgA Active Trust) — A core, diversified index fund used for stable market participation and risk balance across major U.S. companies; aligns with a “buy great businesses” mindset via broad equity exposure.
2) NVIDIA Corporation — Growth-oriented technology leader with strong competitive positioning in accelerated computing and AI infrastructure; reflects a willingness to invest in high-quality compounders within the broader stocks universe.
3) Apple Inc — Premium consumer electronics and services ecosystem known for brand strength and cash-flow durability; represents quality-focused investment selection within long-term portfolio construction.
4) Gotham Enhanced 500 ETF (Tidal ETF Trust) — An enhanced approach to the S&P 500 designed to target improved index performance; suitable for investors seeking an active-style tilt while maintaining mainstream liquidity.
5) iShares Core S&P 500 ETF (BlackRock Institutional Trust Company N.A.) — Another cornerstone S&P 500 vehicle that supports diversification, helping manage volatility while keeping the portfolio centered on large-cap U.S. fundamentals.
Overall, these holdings illustrate Greenblatt’s preference for practical, investor-friendly exposure—combining standout individual growth stocks with broad-market ETFs—aimed at building a resilient investment portfolio of leading stocks.