Joel Greenblatt's CAT Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 122,473 shares of Caterpillar Inc. (CAT) worth $70.16 M, representing 0.26% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 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
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +5,884 | Add 5.05% | 122,473 | $572.87 |
| Q3 2025 | +18,676 | Add 19.07% | 116,589 | $477.15 |
| Q2 2025 | +28,614 | Add 41.29% | 97,913 | $388.21 |
| Q1 2025 | -5,721 | Reduce 7.63% | 69,299 | $329.80 |
| Q4 2024 | -1,336 | Reduce 1.75% | 75,020 | $362.76 |
| Q3 2024 | +4,037 | Add 5.58% | 76,356 | $391.12 |
| Q2 2024 | +18,871 | Add 35.31% | 72,319 | $333.10 |
| Q1 2024 | -5,194 | Reduce 8.86% | 53,448 | $366.43 |
| Q4 2023 | -24,217 | Reduce 29.23% | 58,642 | $295.67 |
| Q3 2023 | +17,473 | Add 26.72% | 82,859 | $273.00 |
| Q2 2023 | -4,372 | Reduce 6.27% | 65,386 | $246.05 |
| Q1 2023 | +34,770 | Add 99.38% | 69,758 | $228.84 |
| Q4 2022 | +18,870 | Add 117.07% | 34,988 | $239.56 |
| Q3 2022 | -6,184 | Reduce 27.73% | 16,118 | $164.10 |
| Q2 2022 | +12,408 | Add 125.41% | 22,302 | $178.77 |
| Q1 2022 | -41,267 | Reduce 80.66% | 9,894 | $222.86 |
| Q4 2021 | +16,300 | Add 46.76% | 51,161 | $206.74 |
| Q3 2021 | +5,494 | Add 18.71% | 34,861 | $191.96 |
| Q2 2021 | +15,591 | Add 113.18% | 29,367 | $217.63 |
| Q1 2021 | -9,007 | Reduce 39.53% | 13,776 | $231.85 |
| Q4 2020 | +9,578 | Add 72.53% | 22,783 | $182.02 |
| Q3 2020 | +308 | Add 2.39% | 13,205 | $149.19 |
| Q2 2020 | -129,197 | Reduce 90.92% | 12,897 | $126.46 |
| Q1 2020 | -19,961 | Reduce 12.32% | 142,094 | $116.04 |
| Q4 2019 | +65,843 | Add 68.44% | 162,055 | $147.68 |
| Q3 2019 | -14,355 | Reduce 12.98% | 96,212 | $126.31 |
| Q2 2019 | -138,823 | Reduce 55.67% | 110,567 | $136.29 |
| Q1 2019 | +27,867 | Add 12.58% | 249,390 | $135.49 |
| Q4 2018 | +47,090 | Add 27.00% | 221,523 | $127.07 |
| Q3 2018 | +18,826 | Add 12.10% | 174,433 | $152.49 |
| Q2 2018 | -48,438 | Reduce 23.74% | 155,607 | $135.67 |
| Q1 2018 | -79,629 | Reduce 28.07% | 204,045 | $147.38 |
| Q4 2017 | -177,825 | Reduce 38.53% | 283,674 | $157.58 |
| Q3 2017 | -55,150 | Reduce 10.67% | 461,499 | $124.71 |
| Q2 2017 | +123,162 | Add 31.30% | 516,649 | $107.46 |
| Q1 2017 | +27,284 | Add 7.45% | 393,487 | $92.76 |
| Q4 2016 | +366,203 | New Buy | 366,203 | $92.74 |
| Q3 2016 | -2,732 | Sold Out | 0 | $0.00 |
| Q2 2016 | -320,128 | Reduce 99.15% | 2,732 | $75.77 |
| Q1 2016 | +233,070 | Add 259.57% | 322,860 | $76.54 |
| Q4 2015 | -518,463 | Reduce 85.24% | 89,790 | $67.96 |
| Q3 2015 | +323,751 | Add 113.80% | 608,253 | $65.36 |
| Q2 2015 | -384,008 | Reduce 57.44% | 284,502 | $84.82 |
| Q1 2015 | -192,055 | Reduce 22.32% | 668,510 | $80.03 |
| Q4 2014 | +508,907 | Add 144.72% | 860,565 | $91.53 |
| Q3 2014 | -205,336 | Reduce 36.87% | 351,658 | $99.03 |
| Q2 2014 | +181,505 | Add 48.34% | 556,994 | $108.67 |
| Q1 2014 | +332,717 | Add 777.89% | 375,489 | $99.37 |
| Q4 2013 | +19,647 | Add 84.96% | 42,772 | $90.81 |
| Q3 2013 | +1,749 | Add 8.18% | 23,125 | $83.42 |
| Q2 2013 | +21,376 | Add 0.00% | 21,376 | $82.48 |
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 51 quarters since Q2 2013.
Joel Greenblatt's largest addition to Caterpillar Inc. (CAT) was in Q4 2014, adding 860,565 shares worth $78.77 M.
According to the latest 13F filing for Q4 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 122,473 shares of Caterpillar Inc. (CAT), valued at approximately $70.16 M.
As of the Q4 2025 filing, Caterpillar Inc. (CAT) represents approximately 0.26% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in Caterpillar Inc. (CAT) was 860,565 shares, as reported at the end of Q4 2014.