Gates Capital Management 13F holdings, Q3 2014
Holdings as of September 30, 2014 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 27 US equity positions worth $3.3bn in its Q3 2014 13F filing. The largest position was DAR at 8.3% of the reported book, followed by NORTEK INC and ALSN. Against the Q2 2014 filing, it opened 2 new positions, added to 11 and reduced 11 among the top 27 holdings.
What did Gates Capital Management own in Q3 2014? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2014 |
|---|---|---|---|---|---|---|---|
| 1 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 8.3% | $270.8m | 14,783,995 | 14% | added |
| 2 | NORTEK INC | 7.3% | $240.5m | 3,227,718 | 5% | added | |
| 3 | ALSN ALLISON TRANSMISSION HLDGS I | Consumer Cyclical | 6.1% | $199.2m | 6,992,449 | 10% | added |
| 4 | DOV DOVER CORP | Industrials | 6.0% | $194.9m | 2,426,766 | 20% | added |
| 5 | U S G CORP | 5.9% | $192.6m | 7,007,327 | 15% | added | |
| 6 | DVA DAVITA HEALTHCARE PARTNERS I | Healthcare | 5.7% | $188.0m | 2,569,987 | -5% | reduced |
| 7 | FLOTEK INDS INC DEL | 5.2% | $169.2m | 6,488,438 | 12% | added | |
| 8 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 5.0% | $164.1m | 5,311,088 | 221% | added |
| 9 | MLI MUELLER INDS INC | Industrials | 4.7% | $153.9m | 5,393,483 | 6% | added |
| 10 | GRACE W R & CO DEL NEW | 4.7% | $153.1m | 1,683,458 | 0% | held | |
| 11 | ROCKWOOD HLDGS INC | 4.4% | $144.6m | 1,891,807 | -38% | reduced | |
| 12 | ALB ALBEMARLE CORP | Basic Materials | 4.2% | $137.3m | 2,331,668 | -1% | reduced |
| 13 | MERC MERCER INTL INC | Basic Materials | 3.7% | $120.4m | 12,349,764 | 3% | added |
| 14 | MCGRAW HILL FINL INC | 3.7% | $119.9m | 1,419,320 | -10% | reduced | |
| 15 | BARNES GROUP INC | 3.5% | $114.4m | 3,769,112 | 22% | added | |
| 16 | TKR TIMKEN CO | Industrials | 3.4% | $111.2m | 2,623,201 | – | new |
| 17 | SNA SNAP ON INC | Industrials | 3.4% | $111.1m | 917,477 | -25% | reduced |
| 18 | SNI SCRIPPS NETWORKS INTERACT IN | 3.2% | $105.4m | 1,349,464 | -27% | reduced | |
| 19 | HEADWATERS INC | 3.2% | $104.0m | 8,295,729 | 13% | added | |
| 20 | DNOW NOW INC | Industrials | 2.5% | $80.5m | 2,648,116 | -3% | reduced |
| 21 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 2.0% | $65.1m | 2,855,983 | 0% | held |
| 22 | AXIALL CORP | 1.5% | $48.3m | 1,347,703 | -62% | reduced | |
| 23 | CPRT COPART INC | Industrials | 1.2% | $40.2m | 1,284,306 | – | new |
| 24 | RELL RICHARDSON ELECTRS LTD | Technology | 0.9% | $28.5m | 2,852,186 | 0% | held |
| 25 | VPG VISHAY PRECISION GROUP INC | Technology | 0.2% | $7.6m | 511,853 | -34% | reduced |
| 26 | STARZ | 0.2% | $7.2m | 217,029 | -87% | reduced | |
| 27 | DOVER DOWNS GAMING & ENTMT I | 0.1% | $1.7m | 1,708,346 | -10% | 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.