Joel Greenblatt's M Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 1.04 M shares of Macy's, Inc. (M) worth $22.85 M, representing 0.08% 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 M, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2020, adding 952,586 shares. Largest reduction occurred in Q2 2020, reducing 781,335 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Macy's (M) Holding Value Over Time
Track share changes against reported price movement
Quarterly Macy's (M) Trades by Joel Greenblatt
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +327,814 | Add 46.26% | 1.04 M | $22.05 |
| Q3 2025 | +242,321 | Add 51.96% | 708,656 | $17.93 |
| Q2 2025 | +379,115 | Add 434.67% | 466,335 | $11.66 |
| Q1 2025 | +87,220 | New Buy | 87,220 | $12.56 |
| Q3 2024 | -20,172 | Sold Out | 0 | $0.00 |
| Q2 2024 | +3,258 | Add 19.26% | 20,172 | $19.20 |
| Q1 2024 | +16,914 | New Buy | 16,914 | $19.99 |
| Q4 2023 | -27,659 | Sold Out | 0 | $0.00 |
| Q3 2023 | +13,583 | Add 96.50% | 27,659 | $11.61 |
| Q2 2023 | -8,479 | Reduce 37.59% | 14,076 | $16.05 |
| Q1 2023 | +22,555 | New Buy | 22,555 | $17.49 |
| Q3 2022 | -78,612 | Sold Out | 0 | $0.00 |
| Q2 2022 | +60,394 | Add 331.51% | 78,612 | $18.32 |
| Q1 2022 | -15,610 | Reduce 46.15% | 18,218 | $24.37 |
| Q4 2021 | -40,809 | Reduce 54.68% | 33,828 | $26.19 |
| Q3 2021 | -60,931 | Reduce 44.94% | 74,637 | $22.60 |
| Q2 2021 | -5,662 | Reduce 4.01% | 135,568 | $18.96 |
| Q1 2021 | -113,614 | Reduce 44.58% | 141,230 | $16.19 |
| Q4 2020 | -715,711 | Reduce 73.74% | 254,844 | $11.25 |
| Q3 2020 | +952,586 | Add 5301.27% | 970,555 | $5.70 |
| Q2 2020 | -781,335 | Reduce 97.75% | 17,969 | $6.90 |
| Q1 2020 | +799,304 | New Buy | 799,304 | $4.91 |
| Q3 2019 | -330,096 | Sold Out | 0 | $0.00 |
| Q2 2019 | -74,609 | Reduce 18.44% | 330,096 | $21.46 |
| Q1 2019 | +404,705 | New Buy | 404,705 | $24.03 |
| Q4 2018 | -158,358 | Sold Out | 0 | $0.00 |
| Q3 2018 | -252,211 | Reduce 61.43% | 158,358 | $34.73 |
| Q2 2018 | -1,886 | Reduce 0.46% | 410,569 | $37.43 |
| Q1 2018 | +412,455 | New Buy | 412,455 | $29.74 |
| Q4 2017 | -89,085 | Sold Out | 0 | $0.00 |
| Q3 2017 | -413,572 | Reduce 82.28% | 89,085 | $21.82 |
| Q2 2017 | +314,977 | Add 167.83% | 502,657 | $23.24 |
| Q1 2017 | +73,396 | Add 64.22% | 187,680 | $29.64 |
| Q4 2016 | -291,868 | Reduce 71.86% | 114,284 | $35.81 |
| Q3 2016 | +30,137 | Add 8.01% | 406,152 | $37.05 |
| Q2 2016 | -37,033 | Reduce 8.97% | 376,015 | $33.61 |
| Q1 2016 | +413,048 | New Buy | 413,048 | $44.09 |
| Q3 2015 | -723,869 | Sold Out | 0 | $0.00 |
| Q2 2015 | -370,027 | Reduce 33.83% | 723,869 | $67.47 |
| Q1 2015 | +268,873 | Add 32.59% | 1.09 M | $64.91 |
| Q4 2014 | -11,534 | Reduce 1.38% | 825,023 | $65.75 |
| Q3 2014 | +823,379 | Add 6248.13% | 836,557 | $58.18 |
| Q2 2014 | -366,149 | Reduce 96.53% | 13,178 | $58.05 |
| Q1 2014 | +369,576 | Add 3790.13% | 379,327 | $59.29 |
| Q4 2013 | -119,014 | Reduce 92.43% | 9,751 | $53.43 |
| Q3 2013 | +77,911 | Add 153.21% | 128,765 | $43.27 |
| Q2 2013 | +50,854 | Add 0.00% | 50,854 | $48.00 |
Joel Greenblatt's Macy's Investment FAQs
Joel Greenblatt first purchased Macy's, Inc. (M) in Q2 2013, acquiring 50,854 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 Macy's, Inc. (M) for 47 quarters since Q2 2013.
Joel Greenblatt's largest addition to Macy's, Inc. (M) was in Q3 2020, adding 970,555 shares worth $5.53 M.
According to the latest 13F filing for Q4 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 1,036,470 shares of Macy's, Inc. (M), valued at approximately $22.85 M.
As of the Q4 2025 filing, Macy's, Inc. (M) 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 Macy's, Inc. (M) was 1,093,896 shares, as reported at the end of Q1 2015.