Joel Greenblatt's ECL Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 118,136 shares of Ecolab Inc. (ECL) worth $32.35 M, representing 0.14% of the portfolio. First purchased in 2014-Q4, this long-term strategic position has been held for 44 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in ECL, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2018, adding 166,717 shares. Largest reduction occurred in Q1 2019, reducing 155,482 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Ecolab (ECL) Holding Value Over Time
Track share changes against reported price movement
Quarterly Ecolab (ECL) Trades by Joel Greenblatt
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2014 | +37,433 | New Buy | 37,433 | $104.51 |
| Q1 2015 | -32,067 | Reduce 85.67% | 5,366 | $114.42 |
| Q2 2015 | -5,366 | Sold Out | 5,366 | $0.00 |
| Q1 2016 | +2,376 | New Buy | 2,376 | $111.53 |
| Q2 2016 | -2,376 | Sold Out | 2,376 | $0.00 |
| Q1 2018 | +6,092 | New Buy | 6,092 | $137.07 |
| Q2 2018 | +166,717 | Add 2736.65% | 172,809 | $140.33 |
| Q3 2018 | -172,809 | Sold Out | 172,809 | $0.00 |
| Q1 2019 | +17,327 | New Buy | 17,327 | $176.55 |
| Q2 2019 | -17,327 | Sold Out | 17,327 | $0.00 |
| Q3 2019 | +26,267 | New Buy | 26,267 | $198.04 |
| Q4 2019 | +18,482 | Add 70.36% | 44,749 | $192.99 |
| Q1 2020 | -16,160 | Reduce 36.11% | 28,589 | $155.83 |
| Q2 2020 | -892 | Reduce 3.12% | 27,697 | $198.94 |
| Q3 2020 | +45,198 | Add 163.19% | 72,895 | $199.84 |
| Q4 2020 | -57,499 | Reduce 78.88% | 15,396 | $216.35 |
| Q1 2021 | -13,715 | Reduce 89.08% | 1,681 | $214.16 |
| Q2 2021 | -444 | Reduce 26.41% | 1,237 | $206.14 |
| Q3 2021 | -32 | Reduce 2.59% | 1,205 | $208.30 |
| Q4 2021 | +1,561 | Add 129.54% | 2,766 | $234.63 |
| Q1 2022 | +716 | Add 25.89% | 3,482 | $176.62 |
| Q2 2022 | +21,135 | Add 606.98% | 24,617 | $153.76 |
| Q3 2022 | -10,970 | Reduce 44.56% | 13,647 | $144.43 |
| Q4 2022 | +1,109 | Add 8.13% | 14,756 | $145.56 |
| Q1 2023 | +26,627 | Add 180.45% | 41,383 | $165.53 |
| Q2 2023 | -16,898 | Reduce 40.83% | 24,485 | $186.69 |
| Q3 2023 | +22,145 | Add 90.44% | 46,630 | $169.40 |
| Q4 2023 | -1,081 | Reduce 2.32% | 45,549 | $198.35 |
| Q1 2024 | -10,874 | Reduce 23.87% | 34,675 | $230.90 |
| Q2 2024 | +23,757 | Add 68.51% | 58,432 | $238.00 |
| Q3 2024 | -5,892 | Reduce 10.08% | 52,540 | $255.33 |
| Q4 2024 | +27,945 | Add 53.19% | 80,485 | $234.32 |
| Q1 2025 | +7,706 | Add 9.57% | 88,191 | $253.52 |
| Q2 2025 | +6,710 | Add 7.61% | 94,901 | $269.44 |
| Q3 2025 | +23,235 | Add 24.48% | 118,136 | $273.86 |
Joel Greenblatt's Ecolab Investment FAQs
Joel Greenblatt first purchased Ecolab Inc. (ECL) in Q4 2014, acquiring 37,433 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 Ecolab Inc. (ECL) for 44 quarters since Q4 2014.
Joel Greenblatt's largest addition to Ecolab Inc. (ECL) was in Q2 2018, adding 172,809 shares worth $24.25 M.
According to the latest 13F filing for Q3 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 118,136 shares of Ecolab Inc. (ECL), valued at approximately $32.35 M.
As of the Q3 2025 filing, Ecolab Inc. (ECL) represents approximately 0.14% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in Ecolab Inc. (ECL) was 172,809 shares, as reported at the end of Q2 2018.