Joel Greenblatt's FLO Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 4.03 M shares of Flowers Foods, Inc. (FLO) worth $43.81 M, representing 0.16% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 47 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in FLO, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2025, adding 3.61 M shares. Largest reduction occurred in Q1 2016, reducing 1.24 M shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Flowers Foods (FLO) Holding Value Over Time
Track share changes against reported price movement
Quarterly Flowers Foods (FLO) Trades by Joel Greenblatt
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +3.61 M | Add 859.58% | 4.03 M | $10.88 |
| Q3 2025 | -492,487 | Reduce 53.99% | 419,620 | $13.05 |
| Q2 2025 | +393,477 | Add 75.87% | 912,107 | $15.98 |
| Q1 2025 | -295,256 | Reduce 36.28% | 518,630 | $19.01 |
| Q4 2024 | +469,652 | Add 136.43% | 813,886 | $20.66 |
| Q3 2024 | +23,277 | Add 7.25% | 344,234 | $23.07 |
| Q2 2024 | +73,809 | Add 29.86% | 320,957 | $22.20 |
| Q1 2024 | +55,948 | Add 29.26% | 247,148 | $23.75 |
| Q4 2023 | +164,396 | Add 613.33% | 191,200 | $22.51 |
| Q3 2023 | +6,572 | Add 32.48% | 26,804 | $22.18 |
| Q2 2023 | -88,467 | Reduce 81.39% | 20,232 | $24.88 |
| Q1 2023 | +44,295 | Add 68.78% | 108,699 | $27.41 |
| Q4 2022 | -4,764 | Reduce 6.89% | 64,404 | $28.74 |
| Q3 2022 | +25,958 | Add 60.07% | 69,168 | $24.69 |
| Q2 2022 | +10,214 | Add 30.96% | 43,210 | $26.31 |
| Q1 2022 | +4,625 | Add 16.30% | 32,996 | $25.70 |
| Q4 2021 | +2,830 | Add 11.08% | 28,371 | $27.46 |
| Q3 2021 | -23,396 | Reduce 47.81% | 25,541 | $23.65 |
| Q2 2021 | +11,684 | Add 31.36% | 48,937 | $24.19 |
| Q1 2021 | +11,046 | Add 42.15% | 37,253 | $23.81 |
| Q4 2020 | -10,694 | Reduce 28.98% | 26,207 | $22.63 |
| Q3 2020 | +36,901 | New Buy | 36,901 | $24.34 |
| Q2 2020 | -17,496 | Sold Out | 0 | $0.00 |
| Q1 2020 | -16,710 | Reduce 48.85% | 17,496 | $20.52 |
| Q4 2019 | +1,332 | Add 4.05% | 34,206 | $21.75 |
| Q3 2019 | +32,874 | New Buy | 32,874 | $23.12 |
| Q4 2018 | -79,334 | Sold Out | 0 | $0.00 |
| Q3 2018 | +10,768 | Add 15.70% | 79,334 | $18.66 |
| Q2 2018 | -13,591 | Reduce 16.54% | 68,566 | $20.83 |
| Q1 2018 | -462,280 | Reduce 84.91% | 82,157 | $21.86 |
| Q4 2017 | +394,167 | Add 262.31% | 544,437 | $19.31 |
| Q3 2017 | -294,239 | Reduce 66.19% | 150,270 | $18.81 |
| Q2 2017 | +433,026 | Add 3771.02% | 444,509 | $17.31 |
| Q1 2017 | -511 | Reduce 4.26% | 11,483 | $19.42 |
| Q4 2016 | -681,589 | Reduce 98.27% | 11,994 | $20.01 |
| Q3 2016 | +663,517 | Add 2206.87% | 693,583 | $15.12 |
| Q2 2016 | +30,066 | New Buy | 30,066 | $18.76 |
| Q1 2016 | -1.24 M | Sold Out | 0 | $0.00 |
| Q4 2015 | -616,459 | Reduce 33.23% | 1.24 M | $21.49 |
| Q3 2015 | -210,499 | Reduce 10.19% | 1.86 M | $24.74 |
| Q2 2015 | +296,388 | Add 16.75% | 2.07 M | $21.15 |
| Q1 2015 | -45,229 | Reduce 2.49% | 1.77 M | $22.74 |
| Q4 2014 | +1.79 M | Add 6774.48% | 1.81 M | $19.19 |
| Q3 2014 | +26,393 | New Buy | 26,393 | $18.38 |
| Q4 2013 | -38,959 | Sold Out | 0 | $0.00 |
| Q3 2013 | +1,046 | Add 2.76% | 38,959 | $21.43 |
| Q2 2013 | +37,915 | Add 0.00% | 37,913 | $22.05 |
Joel Greenblatt's Flowers Foods Investment FAQs
Joel Greenblatt first purchased Flowers Foods, Inc. (FLO) in Q2 2013, acquiring 37,913 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 Flowers Foods, Inc. (FLO) for 47 quarters since Q2 2013.
Joel Greenblatt's largest addition to Flowers Foods, Inc. (FLO) was in Q4 2025, adding 4,026,582 shares worth $43.81 M.
According to the latest 13F filing for Q4 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 4,026,582 shares of Flowers Foods, Inc. (FLO), valued at approximately $43.81 M.
As of the Q4 2025 filing, Flowers Foods, Inc. (FLO) represents approximately 0.16% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in Flowers Foods, Inc. (FLO) was 4,026,582 shares, as reported at the end of Q4 2025.