Gotham Asset Management 13F, Q3 2025
Joel Greenblatt · quarter ending 30 September 2025 · filed 14 November 2025 · SEC CIK 1510387
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2025
The 25 largest of 1,676 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2025 filing.
| Company | Ticker | Value | % of book | vs Q2 2025 |
|---|---|---|---|---|
| SPDR S&P 500 ETF TR | SPY | $3.74B | 16.3% | +29% shares |
| TIDAL TRUST I | GSPY | $612.14M | 2.7% | +5% shares |
| NVIDIA CORPORATION | NVDA | $534.20M | 2.3% | +26% shares |
| APPLE INC | AAPL | $363.86M | 1.6% | +61% shares |
| ISHARES TR | IVV | $256.23M | 1.1% | +41% shares |
| SNOWFLAKE INC | SNOW | $215.75M | 0.9% | +68% shares |
| AMAZON COM INC | AMZN | $214.95M | 0.9% | +36% shares |
| ISHARES TR | SGOV | $156.30M | 0.7% | +107% shares |
| MICROSOFT CORP | MSFT | $146.01M | 0.6% | +12% shares |
| ALPHABET INC | GOOGL | $122.34M | 0.5% | +9% shares |
| BROADCOM INC | AVGO | $106.00M | 0.5% | +18% shares |
| TIDAL TRUST I | GVLU | $97.59M | 0.4% | +10% shares |
| VANGUARD INDEX FDS | VOO | $96.84M | 0.4% | +23% shares |
| META PLATFORMS INC | META | $82.07M | 0.4% | +14% shares |
| ISHARES TR | IEFA | $77.01M | 0.3% | +2% shares |
| PALANTIR TECHNOLOGIES INC | PLTR | $74.67M | 0.3% | +28% shares |
| TESLA INC | TSLA | $70.11M | 0.3% | +34% shares |
| TAPESTRY INC | TPR | $67.96M | 0.3% | +12% shares |
| WESTERN DIGITAL CORP | WDC | $63.84M | 0.3% | +5% shares |
| INVESCO QQQ TR | QQQ | $61.89M | 0.3% | +109% shares |
| NEWMONT CORP | NEM | $60.37M | 0.3% | +12% shares |
| APPLOVIN CORP | APP | $58.71M | 0.3% | unchanged |
| ISHARES INC | IEMG | $58.56M | 0.3% | +3% shares |
| CATERPILLAR INC | CAT | $55.63M | 0.2% | +19% shares |
| WEATHERFORD INTL PLC | $53.77M | 0.2% | +80% shares |
What changed since Q2 2025
Against the Q2 2025 filing, Gotham Asset Management opened 189 new positions, added to 886, trimmed 375, left 226 unchanged and exited 168. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- SNDK$31.98M
- JAMES HARDIE INDS PLC$30.05M
- RDDT$23.86M
- SGI$20.79M
- TECL$14.64M
- SMURFIT WESTROCK PLC$13.37M
- SFD$13.06M
- NHYM$9.23M
and 181 more
Exited
- AMEDISYS INCwas $33.69M
- ANSYS INCwas $29.21M
- SFBSwas $17.01M
- JUNIPER NETWORKS INCwas $14.34M
- FMCwas $14.26M
- JHEMwas $10.98M
- SNDAwas $10.77M
- SGHTwas $10.65M
and 160 more
Added to
- SPY+29%$3.74B
- GSPY+5%$612.14M
- NVDA+26%$534.20M
- AAPL+61%$363.86M
- IVV+41%$256.23M
- SNOW+68%$215.75M
- AMZN+36%$214.95M
- SGOV+107%$156.30M
and 878 more
Trimmed
- MTZ-10%$44.98M
- PII-3%$43.82M
- CDNS-9%$39.30M
- RL-7%$36.53M
- NRG-32%$35.05M
- TMO-10%$34.81M
- UTHR-9%$33.94M
- EXPE-6%$32.25M
and 367 more
Other quarters
Source: SEC Form 13F-HR, accession 0001398344-25-020991, filed by Gotham Asset Management, LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.