Gates Capital Management 13F holdings, Q1 2016
Holdings as of March 31, 2016 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 24 US equity positions worth $1.6bn in its Q1 2016 13F filing. The largest position was DAR at 9.2% of the reported book, followed by NORTEK INC and GLPI. Against the Q4 2015 filing, it opened 6 new positions, added to 6 and reduced 12 among the top 24 holdings.
What did Gates Capital Management own in Q1 2016? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2015 |
|---|---|---|---|---|---|---|---|
| 1 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 9.2% | $150.8m | 11,449,475 | -11% | reduced |
| 2 | NORTEK INC | 9.1% | $150.2m | 3,109,763 | -1% | reduced | |
| 3 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 7.3% | $120.1m | 3,885,469 | -9% | reduced |
| 4 | GCP APPLIED TECHNOLOGIES INC | 6.3% | $103.9m | 5,209,472 | – | new | |
| 5 | MERC MERCER INTL INC | Basic Materials | 6.2% | $102.2m | 10,816,219 | -11% | reduced |
| 6 | DVA DAVITA HEALTHCARE PARTNERS I | Healthcare | 5.8% | $95.7m | 1,304,536 | -34% | reduced |
| 7 | ALSN ALLISON TRANSMISSION HLDGS I | Consumer Cyclical | 5.6% | $92.1m | 3,413,284 | -15% | reduced |
| 8 | SERVICEMASTER GLOBAL HLDGS I | 4.8% | $79.1m | 2,100,000 | 39% | added | |
| 9 | EXP EAGLE MATERIALS INC | Basic Materials | 4.6% | $76.4m | 1,089,832 | 21% | added |
| 10 | SNA SNAP ON INC | Industrials | 4.5% | $73.3m | 466,630 | 13% | added |
| 11 | VISTA OUTDOOR INC | 4.3% | $71.5m | 1,376,840 | -17% | reduced | |
| 12 | MCGRAW HILL FINL INC | 3.9% | $64.0m | 646,814 | -4% | reduced | |
| 13 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 3.9% | $63.8m | 2,831,361 | – | new |
| 14 | MLI MUELLER INDS INC | Industrials | 3.8% | $61.8m | 2,099,516 | -3% | reduced |
| 15 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 3.7% | $61.4m | 2,865,533 | 33% | added |
| 16 | OLN OLIN CORP | Basic Materials | 3.7% | $61.4m | 3,535,040 | 11% | added |
| 17 | FLOTEK INDS INC DEL | 3.6% | $59.9m | 8,166,369 | 90% | added | |
| 18 | GRACE W R & CO DEL NEW | 3.6% | $58.6m | 823,472 | -27% | reduced | |
| 19 | DOV DOVER CORP | Industrials | 3.3% | $55.1m | 855,831 | -26% | reduced |
| 20 | CPRT COPART INC | Industrials | 0.9% | $15.1m | 370,540 | – | new |
| 21 | ALB ALBEMARLE CORP | Basic Materials | 0.9% | $14.5m | 227,104 | -78% | reduced |
| 22 | CC CHEMOURS CO | Basic Materials | 0.7% | $11.8m | 1,688,886 | – | new |
| 23 | SOTHEBYS | 0.2% | $2.7m | 100,000 | – | new | |
| 24 | ION GEOPHYSICAL CORP | 0.0% | $202.0k | 25,000 | – | new |
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.