Joel Greenblatt's ULTA Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 73,076 shares of Ulta Beauty, Inc. (ULTA) worth $39.95 M, representing 0.17% of the portfolio. First purchased in 2014-Q2, this long-term strategic position has been held for 46 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in ULTA, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2019, adding 41,508 shares. Largest reduction occurred in Q3 2014, reducing 111,191 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Ulta Beauty (ULTA) Holding Value Over Time
Track share changes against reported price movement
Quarterly Ulta Beauty (ULTA) Trades by Joel Greenblatt
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2014 | +124,896 | New Buy | 124,896 | $91.41 |
| Q3 2014 | -111,191 | Reduce 89.03% | 13,705 | $118.21 |
| Q4 2014 | -2,607 | Reduce 19.02% | 11,098 | $127.86 |
| Q1 2015 | -1,409 | Reduce 12.70% | 9,689 | $150.89 |
| Q2 2015 | -9,689 | Sold Out | 9,689 | $0.00 |
| Q1 2017 | +1,149 | New Buy | 1,149 | $285.47 |
| Q2 2017 | -1,149 | Sold Out | 1,149 | $0.00 |
| Q1 2018 | +23,288 | New Buy | 23,288 | $204.27 |
| Q2 2018 | +37,409 | Add 160.64% | 60,697 | $233.45 |
| Q3 2018 | -56,326 | Reduce 92.80% | 4,371 | $282.09 |
| Q4 2018 | -4,371 | Sold Out | 4,371 | $0.00 |
| Q2 2019 | +45,879 | New Buy | 45,879 | $346.89 |
| Q3 2019 | -7,733 | Reduce 16.86% | 38,146 | $250.64 |
| Q4 2019 | -38,146 | Sold Out | 38,146 | $0.00 |
| Q1 2020 | +33,566 | New Buy | 33,566 | $175.71 |
| Q2 2020 | -4,322 | Reduce 12.88% | 29,244 | $203.43 |
| Q3 2020 | -20,960 | Reduce 71.67% | 8,284 | $223.93 |
| Q4 2020 | +506 | Add 6.11% | 8,790 | $287.14 |
| Q1 2021 | -5,128 | Reduce 58.34% | 3,662 | $309.12 |
| Q2 2021 | +5,758 | Add 157.24% | 9,420 | $345.75 |
| Q3 2021 | +2,801 | Add 29.73% | 12,221 | $360.94 |
| Q4 2021 | -10,334 | Reduce 84.56% | 1,887 | $412.29 |
| Q1 2022 | +9,624 | Add 510.02% | 11,511 | $398.23 |
| Q2 2022 | +4,371 | Add 37.97% | 15,882 | $385.47 |
| Q3 2022 | -2,687 | Reduce 16.92% | 13,195 | $401.21 |
| Q4 2022 | -5,529 | Reduce 41.90% | 7,666 | $469.07 |
| Q1 2023 | +7,704 | Add 100.50% | 15,370 | $545.67 |
| Q2 2023 | +756 | Add 4.92% | 16,126 | $470.60 |
| Q3 2023 | +3,968 | Add 24.61% | 20,094 | $399.45 |
| Q4 2023 | -11,732 | Reduce 58.39% | 8,362 | $489.99 |
| Q1 2024 | +10,566 | Add 126.36% | 18,928 | $522.88 |
| Q2 2024 | +18,082 | Add 95.53% | 37,010 | $385.87 |
| Q3 2024 | -8,739 | Reduce 23.61% | 28,271 | $389.12 |
| Q4 2024 | -716 | Reduce 2.53% | 27,555 | $434.93 |
| Q1 2025 | +33,319 | Add 120.92% | 60,874 | $366.54 |
| Q2 2025 | +6,757 | Add 11.10% | 67,631 | $467.82 |
| Q3 2025 | +5,445 | Add 8.05% | 73,076 | $546.75 |
Joel Greenblatt's Ulta Beauty Investment FAQs
Joel Greenblatt first purchased Ulta Beauty, Inc. (ULTA) in Q2 2014, acquiring 124,896 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 Ulta Beauty, Inc. (ULTA) for 46 quarters since Q2 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt's largest addition to Ulta Beauty, Inc. (ULTA) was in Q2 2014, adding 124,896 shares worth $11.42 M. 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 73,076 shares of Ulta Beauty, Inc. (ULTA), valued at approximately $39.95 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Ulta Beauty, Inc. (ULTA) represents approximately 0.17% 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 Ulta Beauty, Inc. (ULTA) was 124,896 shares, as reported at the end of Q2 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.