Joel Greenblatt's ULTA Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 86,415 shares of Ulta Beauty, Inc. (ULTA) worth $52.28 M, representing 0.19% of the portfolio. First purchased in 2014-Q2, this long-term strategic position has been held for 38 quarters.
Based on 13F filings, Joel Greenblatt has maintained a strategic position in ULTA, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2019, adding 45,879 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
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +13,339 | Add 18.25% | 86,415 | $605.01 |
| Q3 2025 | +5,445 | Add 8.05% | 73,076 | $546.75 |
| Q2 2025 | +6,757 | Add 11.10% | 67,631 | $467.82 |
| Q1 2025 | +33,319 | Add 120.92% | 60,874 | $366.54 |
| Q4 2024 | -716 | Reduce 2.53% | 27,555 | $434.93 |
| Q3 2024 | -8,739 | Reduce 23.61% | 28,271 | $389.12 |
| Q2 2024 | +18,082 | Add 95.53% | 37,010 | $385.87 |
| Q1 2024 | +10,566 | Add 126.36% | 18,928 | $522.88 |
| Q4 2023 | -11,732 | Reduce 58.39% | 8,362 | $489.99 |
| Q3 2023 | +3,968 | Add 24.61% | 20,094 | $399.45 |
| Q2 2023 | +756 | Add 4.92% | 16,126 | $470.60 |
| Q1 2023 | +7,704 | Add 100.50% | 15,370 | $545.67 |
| Q4 2022 | -5,529 | Reduce 41.90% | 7,666 | $469.07 |
| Q3 2022 | -2,687 | Reduce 16.92% | 13,195 | $401.21 |
| Q2 2022 | +4,371 | Add 37.97% | 15,882 | $385.47 |
| Q1 2022 | +9,624 | Add 510.02% | 11,511 | $398.23 |
| Q4 2021 | -10,334 | Reduce 84.56% | 1,887 | $412.29 |
| Q3 2021 | +2,801 | Add 29.73% | 12,221 | $360.94 |
| Q2 2021 | +5,758 | Add 157.24% | 9,420 | $345.75 |
| Q1 2021 | -5,128 | Reduce 58.34% | 3,662 | $309.12 |
| Q4 2020 | +506 | Add 6.11% | 8,790 | $287.14 |
| Q3 2020 | -20,960 | Reduce 71.67% | 8,284 | $223.93 |
| Q2 2020 | -4,322 | Reduce 12.88% | 29,244 | $203.43 |
| Q1 2020 | +33,566 | New Buy | 33,566 | $175.71 |
| Q4 2019 | -38,146 | Sold Out | 0 | $0.00 |
| Q3 2019 | -7,733 | Reduce 16.86% | 38,146 | $250.64 |
| Q2 2019 | +45,879 | New Buy | 45,879 | $346.89 |
| Q4 2018 | -4,371 | Sold Out | 0 | $0.00 |
| Q3 2018 | -56,326 | Reduce 92.80% | 4,371 | $282.09 |
| Q2 2018 | +37,409 | Add 160.64% | 60,697 | $233.45 |
| Q1 2018 | +23,288 | New Buy | 23,288 | $204.27 |
| Q2 2017 | -1,149 | Sold Out | 0 | $0.00 |
| Q1 2017 | +1,149 | New Buy | 1,149 | $285.47 |
| Q2 2015 | -9,689 | Sold Out | 0 | $0.00 |
| Q1 2015 | -1,409 | Reduce 12.70% | 9,689 | $150.89 |
| Q4 2014 | -2,607 | Reduce 19.02% | 11,098 | $127.86 |
| Q3 2014 | -111,191 | Reduce 89.03% | 13,705 | $118.21 |
| Q2 2014 | +124,896 | New Buy | 124,896 | $91.41 |
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 38 quarters since Q2 2014.
Joel Greenblatt's largest addition to Ulta Beauty, Inc. (ULTA) was in Q2 2014, adding 124,896 shares worth $11.42 M.
According to the latest 13F filing for Q4 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 86,415 shares of Ulta Beauty, Inc. (ULTA), valued at approximately $52.28 M.
As of the Q4 2025 filing, Ulta Beauty, Inc. (ULTA) represents approximately 0.19% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in Ulta Beauty, Inc. (ULTA) was 124,896 shares, as reported at the end of Q2 2014.