Joel Greenblatt's GAP Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 839,705 shares of The Gap, Inc. (GAP) worth $21.5 M, representing 0.08% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 45 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in GAP, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2016, adding 998,415 shares. Largest reduction occurred in Q2 2020, reducing 836,658 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's The Gap (GAP) Holding Value Over Time
Track share changes against reported price movement
Quarterly The Gap (GAP) Trades by Joel Greenblatt
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +457,911 | Add 119.94% | 839,705 | $25.60 |
| Q3 2025 | +381,794 | New Buy | 381,794 | $21.39 |
| Q3 2024 | -154,295 | Sold Out | 0 | $0.00 |
| Q2 2024 | -21,012 | Reduce 11.99% | 154,295 | $23.89 |
| Q1 2024 | -40,572 | Reduce 18.79% | 175,307 | $27.55 |
| Q4 2023 | -91,505 | Reduce 29.77% | 215,879 | $20.91 |
| Q3 2023 | +40,951 | Add 15.37% | 307,384 | $10.63 |
| Q2 2023 | +266,433 | New Buy | 266,433 | $8.93 |
| Q1 2023 | -25,601 | Sold Out | 0 | $0.00 |
| Q4 2022 | +25,601 | New Buy | 25,601 | $11.28 |
| Q4 2021 | -49,449 | Sold Out | 0 | $0.00 |
| Q3 2021 | +41,264 | Add 504.14% | 49,449 | $22.69 |
| Q2 2021 | -91,542 | Reduce 91.79% | 8,185 | $33.60 |
| Q1 2021 | -341,376 | Reduce 77.39% | 99,727 | $29.78 |
| Q4 2020 | +10,683 | Add 2.48% | 441,103 | $20.19 |
| Q3 2020 | +267,805 | Add 164.69% | 430,420 | $17.03 |
| Q2 2020 | -836,658 | Reduce 83.73% | 162,615 | $12.62 |
| Q1 2020 | +803,266 | Add 409.81% | 999,273 | $7.04 |
| Q4 2019 | +171,512 | Add 700.19% | 196,007 | $17.68 |
| Q3 2019 | -10,308 | Reduce 29.62% | 24,495 | $17.35 |
| Q2 2019 | -185,427 | Reduce 84.20% | 34,803 | $17.96 |
| Q1 2019 | +220,230 | New Buy | 220,230 | $26.18 |
| Q4 2018 | -58,198 | Sold Out | 0 | $0.00 |
| Q3 2018 | -37,693 | Reduce 39.31% | 58,198 | $28.85 |
| Q2 2018 | -276,532 | Reduce 74.25% | 95,891 | $32.39 |
| Q1 2018 | +51,199 | Add 15.94% | 372,423 | $31.20 |
| Q4 2017 | -84,282 | Reduce 20.78% | 321,224 | $34.06 |
| Q3 2017 | -36,435 | Reduce 8.24% | 405,506 | $29.53 |
| Q2 2017 | -695,299 | Reduce 61.14% | 441,941 | $21.99 |
| Q1 2017 | +157,900 | Add 16.12% | 1.14 M | $24.29 |
| Q4 2016 | -552,465 | Reduce 36.07% | 979,340 | $22.44 |
| Q3 2016 | +998,415 | Add 187.18% | 1.53 M | $22.24 |
| Q2 2016 | +69,343 | Add 14.94% | 533,390 | $21.22 |
| Q1 2016 | -340,903 | Reduce 42.35% | 464,047 | $29.40 |
| Q4 2015 | -368,141 | Reduce 31.38% | 804,950 | $24.70 |
| Q3 2015 | +150,805 | Add 14.75% | 1.17 M | $28.50 |
| Q2 2015 | -572,276 | Reduce 35.89% | 1.02 M | $38.17 |
| Q1 2015 | +987,172 | Add 162.53% | 1.59 M | $43.33 |
| Q4 2014 | -95,755 | Reduce 13.62% | 607,390 | $42.11 |
| Q3 2014 | +687,806 | Add 4484.03% | 703,145 | $41.69 |
| Q2 2014 | -52,692 | Reduce 77.45% | 15,339 | $41.59 |
| Q1 2014 | -27,477 | Reduce 28.77% | 68,031 | $40.06 |
| Q4 2013 | -28,786 | Reduce 23.16% | 95,508 | $39.08 |
| Q3 2013 | +56,241 | Add 82.64% | 124,294 | $40.28 |
| Q2 2013 | +68,053 | Add 0.00% | 68,053 | $41.73 |
Joel Greenblatt's The Gap Investment FAQs
Joel Greenblatt first purchased The Gap, Inc. (GAP) in Q2 2013, acquiring 68,053 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 The Gap, Inc. (GAP) for 45 quarters since Q2 2013.
Joel Greenblatt's largest addition to The Gap, Inc. (GAP) was in Q3 2016, adding 1,531,805 shares worth $34.07 M.
According to the latest 13F filing for Q4 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 839,705 shares of The Gap, Inc. (GAP), valued at approximately $21.5 M.
As of the Q4 2025 filing, The Gap, Inc. (GAP) represents approximately 0.08% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in The Gap, Inc. (GAP) was 1,594,562 shares, as reported at the end of Q1 2015.