Joel Greenblatt's SPY Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 5.62 M shares of SPDR S&P 500 ETF Trust (SPY) worth $3.74 B, representing 16.29% 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 SPY, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 1.26 M shares. Largest reduction occurred in Q1 2015, reducing 160,319 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's SPDR S&P 500 ETF Trust (SPY) Holding Value Over Time
Track share changes against reported price movement
Quarterly SPDR S&P 500 ETF Trust (SPY) Trades by Joel Greenblatt
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +267,443 | Add 0.00% | 267,442 | $160.42 |
| Q3 2013 | -90,121 | Reduce 33.70% | 177,321 | $168.01 |
| Q4 2013 | +2,286 | Add 1.29% | 179,607 | $184.69 |
| Q1 2014 | +104,407 | Add 58.13% | 284,014 | $187.01 |
| Q2 2014 | -284,014 | Sold Out | 284,014 | $0.00 |
| Q3 2014 | +222,039 | New Buy | 222,039 | $197.02 |
| Q4 2014 | +93,161 | Add 41.96% | 315,200 | $205.54 |
| Q1 2015 | -160,319 | Reduce 50.86% | 154,881 | $206.43 |
| Q2 2015 | -119,935 | Reduce 77.44% | 34,946 | $205.89 |
| Q3 2015 | +5,056 | Add 14.47% | 40,002 | $191.64 |
| Q4 2015 | +21,299 | Add 53.24% | 61,301 | $203.86 |
| Q1 2016 | +8,108 | Add 13.23% | 69,409 | $205.52 |
| Q2 2016 | -66,559 | Reduce 95.89% | 2,850 | $209.47 |
| Q3 2016 | +47,768 | Add 1676.07% | 50,618 | $216.31 |
| Q4 2016 | +78,249 | Add 154.59% | 128,867 | $223.53 |
| Q1 2017 | -128,867 | Sold Out | 128,867 | $0.00 |
| Q2 2017 | +41,400 | New Buy | 41,400 | $241.81 |
| Q3 2017 | +13,600 | Add 32.85% | 55,000 | $251.24 |
| Q4 2017 | +40,403 | Add 73.46% | 95,403 | $266.86 |
| Q1 2018 | -90,304 | Reduce 94.66% | 5,099 | $263.19 |
| Q2 2018 | -5,099 | Sold Out | 5,099 | $0.00 |
| Q3 2018 | +4,200 | New Buy | 4,200 | $290.71 |
| Q4 2018 | +23,300 | Add 554.76% | 27,500 | $249.93 |
| Q1 2019 | -6,100 | Reduce 22.18% | 21,400 | $282.48 |
| Q2 2019 | -14,562 | Reduce 68.05% | 6,838 | $293.07 |
| Q3 2019 | -6,838 | Sold Out | 6,838 | $0.00 |
| Q4 2019 | +43,000 | New Buy | 43,000 | $321.86 |
| Q1 2020 | -43,000 | Sold Out | 43,000 | $0.00 |
| Q4 2020 | +5,395 | New Buy | 5,395 | $373.86 |
| Q1 2021 | +21,249 | Add 393.86% | 26,644 | $396.34 |
| Q2 2021 | +62,135 | Add 233.20% | 88,779 | $428.06 |
| Q3 2021 | +56,745 | Add 63.92% | 145,524 | $429.14 |
| Q4 2021 | +69,187 | Add 47.54% | 214,711 | $474.96 |
| Q1 2022 | +99,633 | Add 46.40% | 314,344 | $451.64 |
| Q2 2022 | +73,978 | Add 23.53% | 388,322 | $377.25 |
| Q3 2022 | +98,437 | Add 25.35% | 486,759 | $357.18 |
| Q4 2022 | +32,787 | Add 6.74% | 519,546 | $382.43 |
| Q1 2023 | +113,105 | Add 21.77% | 632,651 | $409.39 |
| Q2 2023 | +114,089 | Add 18.03% | 746,740 | $443.28 |
| Q3 2023 | +164,640 | Add 22.05% | 911,380 | $427.48 |
| Q4 2023 | +80,542 | Add 8.84% | 991,922 | $475.31 |
| Q1 2024 | +256,837 | Add 25.89% | 1.25 M | $523.07 |
| Q2 2024 | +234,394 | Add 18.77% | 1.48 M | $544.22 |
| Q3 2024 | +375,348 | Add 25.31% | 1.86 M | $573.76 |
| Q4 2024 | +525,517 | Add 28.28% | 2.38 M | $586.08 |
| Q1 2025 | +912,333 | Add 38.27% | 3.3 M | $559.39 |
| Q2 2025 | +1.06 M | Add 32.13% | 4.36 M | $617.85 |
| Q3 2025 | +1.26 M | Add 28.99% | 5.62 M | $666.18 |
Joel Greenblatt's SPDR S&P 500 ETF Trust Investment FAQs
Joel Greenblatt first purchased SPDR S&P 500 ETF Trust (SPY) in Q2 2013, acquiring 267,442 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 SPDR S&P 500 ETF Trust (SPY) 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 SPDR S&P 500 ETF Trust (SPY) was in Q3 2025, adding 5,618,281 shares worth $3.74 B. 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 5,618,281 shares of SPDR S&P 500 ETF Trust (SPY), valued at approximately $3.74 B. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, SPDR S&P 500 ETF Trust (SPY) represents approximately 16.29% 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 SPDR S&P 500 ETF Trust (SPY) was 5,618,281 shares, as reported at the end of Q3 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.