Joel Greenblatt's CAT Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 116,589 shares of Caterpillar Inc. (CAT) worth $55.63 M, representing 0.24% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in CAT, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2014, adding 508,907 shares. Largest reduction occurred in Q4 2015, reducing 518,463 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Caterpillar (CAT) Holding Value Over Time
Track share changes against reported price movement
Quarterly Caterpillar (CAT) Trades by Joel Greenblatt
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +21,377 | Add 0.00% | 21,376 | $82.48 |
| Q3 2013 | +1,749 | Add 8.18% | 23,125 | $83.42 |
| Q4 2013 | +19,647 | Add 84.96% | 42,772 | $90.81 |
| Q1 2014 | +332,717 | Add 777.89% | 375,489 | $99.37 |
| Q2 2014 | +181,505 | Add 48.34% | 556,994 | $108.67 |
| Q3 2014 | -205,336 | Reduce 36.87% | 351,658 | $99.03 |
| Q4 2014 | +508,907 | Add 144.72% | 860,565 | $91.53 |
| Q1 2015 | -192,055 | Reduce 22.32% | 668,510 | $80.03 |
| Q2 2015 | -384,008 | Reduce 57.44% | 284,502 | $84.82 |
| Q3 2015 | +323,751 | Add 113.80% | 608,253 | $65.36 |
| Q4 2015 | -518,463 | Reduce 85.24% | 89,790 | $67.96 |
| Q1 2016 | +233,070 | Add 259.57% | 322,860 | $76.54 |
| Q2 2016 | -320,128 | Reduce 99.15% | 2,732 | $75.77 |
| Q3 2016 | -2,732 | Sold Out | 2,732 | $0.00 |
| Q4 2016 | +366,203 | New Buy | 366,203 | $92.74 |
| Q1 2017 | +27,284 | Add 7.45% | 393,487 | $92.76 |
| Q2 2017 | +123,162 | Add 31.30% | 516,649 | $107.46 |
| Q3 2017 | -55,150 | Reduce 10.67% | 461,499 | $124.71 |
| Q4 2017 | -177,825 | Reduce 38.53% | 283,674 | $157.58 |
| Q1 2018 | -79,629 | Reduce 28.07% | 204,045 | $147.38 |
| Q2 2018 | -48,438 | Reduce 23.74% | 155,607 | $135.67 |
| Q3 2018 | +18,826 | Add 12.10% | 174,433 | $152.49 |
| Q4 2018 | +47,090 | Add 27.00% | 221,523 | $127.07 |
| Q1 2019 | +27,867 | Add 12.58% | 249,390 | $135.49 |
| Q2 2019 | -138,823 | Reduce 55.67% | 110,567 | $136.29 |
| Q3 2019 | -14,355 | Reduce 12.98% | 96,212 | $126.31 |
| Q4 2019 | +65,843 | Add 68.44% | 162,055 | $147.68 |
| Q1 2020 | -19,961 | Reduce 12.32% | 142,094 | $116.04 |
| Q2 2020 | -129,197 | Reduce 90.92% | 12,897 | $126.46 |
| Q3 2020 | +308 | Add 2.39% | 13,205 | $149.19 |
| Q4 2020 | +9,578 | Add 72.53% | 22,783 | $182.02 |
| Q1 2021 | -9,007 | Reduce 39.53% | 13,776 | $231.85 |
| Q2 2021 | +15,591 | Add 113.18% | 29,367 | $217.63 |
| Q3 2021 | +5,494 | Add 18.71% | 34,861 | $191.96 |
| Q4 2021 | +16,300 | Add 46.76% | 51,161 | $206.74 |
| Q1 2022 | -41,267 | Reduce 80.66% | 9,894 | $222.86 |
| Q2 2022 | +12,408 | Add 125.41% | 22,302 | $178.77 |
| Q3 2022 | -6,184 | Reduce 27.73% | 16,118 | $164.10 |
| Q4 2022 | +18,870 | Add 117.07% | 34,988 | $239.56 |
| Q1 2023 | +34,770 | Add 99.38% | 69,758 | $228.84 |
| Q2 2023 | -4,372 | Reduce 6.27% | 65,386 | $246.05 |
| Q3 2023 | +17,473 | Add 26.72% | 82,859 | $273.00 |
| Q4 2023 | -24,217 | Reduce 29.23% | 58,642 | $295.67 |
| Q1 2024 | -5,194 | Reduce 8.86% | 53,448 | $366.43 |
| Q2 2024 | +18,871 | Add 35.31% | 72,319 | $333.10 |
| Q3 2024 | +4,037 | Add 5.58% | 76,356 | $391.12 |
| Q4 2024 | -1,336 | Reduce 1.75% | 75,020 | $362.76 |
| Q1 2025 | -5,721 | Reduce 7.63% | 69,299 | $329.80 |
| Q2 2025 | +28,614 | Add 41.29% | 97,913 | $388.21 |
| Q3 2025 | +18,676 | Add 19.07% | 116,589 | $477.15 |
Joel Greenblatt's Caterpillar Investment FAQs
Joel Greenblatt first purchased Caterpillar Inc. (CAT) in Q2 2013, acquiring 21,376 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held Caterpillar Inc. (CAT) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt's largest addition to Caterpillar Inc. (CAT) was in Q4 2014, adding 860,565 shares worth $78.77 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 116,589 shares of Caterpillar Inc. (CAT), valued at approximately $55.63 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Caterpillar Inc. (CAT) represents approximately 0.24% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt's peak holding in Caterpillar Inc. (CAT) was 860,565 shares, as reported at the end of Q4 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.