Gates Capital Management 13F holdings, Q1 2014
Holdings as of March 31, 2014 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 28 US equity positions worth $3.4bn in its Q1 2014 13F filing. The largest position was DAR at 7.9% of the reported book, followed by NORTEK INC and ALB. Against the Q4 2013 filing, it opened 4 new positions, added to 11 and reduced 11 among the top 28 holdings.
What did Gates Capital Management own in Q1 2014? Top 28 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2013 |
|---|---|---|---|---|---|---|---|
| 1 | DAR DARLING INTL INC | Consumer Defensive | 7.9% | $268.0m | 13,388,761 | 6% | added |
| 2 | NORTEK INC | 7.4% | $252.0m | 3,065,382 | 2% | added | |
| 3 | ALB ALBEMARLE CORP | Basic Materials | 5.9% | $201.0m | 3,025,592 | 83% | added |
| 4 | ROCKWOOD HLDGS INC | 5.5% | $188.0m | 2,527,334 | 0% | held | |
| 5 | INTERNATIONAL GAME TECHNOLOG | 5.5% | $187.9m | 13,361,819 | 46% | added | |
| 6 | DVA DAVITA HEALTHCARE PARTNERS I | Healthcare | 5.4% | $183.7m | 2,668,673 | -11% | reduced |
| 7 | DOV DOVER CORP | Industrials | 4.9% | $167.1m | 2,043,585 | – | new |
| 8 | GRACE W R & CO DEL NEW | 4.8% | $163.9m | 1,652,347 | 5% | added | |
| 9 | FLOTEK INDS INC DEL | 4.7% | $160.8m | 5,773,557 | 5% | added | |
| 10 | SNA SNAP ON INC | Industrials | 4.6% | $157.5m | 1,387,838 | -4% | reduced |
| 11 | SNI SCRIPPS NETWORKS INTERACT IN | 4.3% | $144.6m | 1,904,692 | 32% | added | |
| 12 | MLI MUELLER INDS INC | Industrials | 4.2% | $142.8m | 4,761,392 | 133% | added |
| 13 | MCGRAW HILL FINL INC | 4.1% | $139.9m | 1,834,144 | -22% | reduced | |
| 14 | ALSN ALLISON TRANSMISSION HLDGS I | Consumer Cyclical | 3.8% | $129.2m | 4,315,165 | – | new |
| 15 | AXIALL CORP | 3.6% | $123.7m | 2,754,316 | – | new | |
| 16 | HEADWATERS INC | 3.0% | $102.6m | 7,763,348 | -3% | reduced | |
| 17 | NATIONAL OILWELL VARCO INC | 2.6% | $87.2m | 1,120,043 | – | new | |
| 18 | MERC MERCER INTL INC | Basic Materials | 2.5% | $85.2m | 11,363,665 | 35% | added |
| 19 | BARNES GROUP INC | 2.5% | $84.4m | 2,192,764 | 28% | added | |
| 20 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 2.4% | $82.1m | 3,175,983 | -12% | reduced |
| 21 | TROX TRONOX LTD | Basic Materials | 2.4% | $80.6m | 3,389,583 | -41% | reduced |
| 22 | STARZ | 2.0% | $67.9m | 2,104,258 | -44% | reduced | |
| 23 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 1.7% | $58.1m | 1,594,857 | -12% | reduced |
| 24 | INTERVAL LEISURE GROUP INC | 1.5% | $50.6m | 1,936,930 | -27% | reduced | |
| 25 | ITT CORP NEW | 0.9% | $31.8m | 743,610 | -51% | reduced | |
| 26 | RELL RICHARDSON ELECTRS LTD | Technology | 0.9% | $30.2m | 2,809,052 | 4% | added |
| 27 | VPG VISHAY PRECISION GROUP INC | Technology | 0.6% | $19.7m | 1,132,093 | 0% | held |
| 28 | DOVER DOWNS GAMING & ENTMT I | 0.1% | $2.9m | 1,907,240 | -2% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.