Gates Capital Management 13F holdings, Q2 2016
Holdings as of June 30, 2016 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 26 US equity positions worth $1.9bn in its Q2 2016 13F filing. The largest position was NORTEK INC at 10.1% of the reported book, followed by DAR and GLPI. Against the Q1 2016 filing, it opened 5 new positions, added to 9 and reduced 11 among the top 26 holdings.
What did Gates Capital Management own in Q2 2016? Top 26 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2016 |
|---|---|---|---|---|---|---|---|
| 1 | NORTEK INC | 10.1% | $193.4m | 3,260,633 | 5% | added | |
| 2 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 7.7% | $147.0m | 9,865,396 | -14% | reduced |
| 3 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 6.1% | $117.5m | 3,408,373 | -12% | reduced |
| 4 | GCP APPLIED TECHNOLOGIES INC | 6.0% | $115.0m | 4,414,941 | -15% | reduced | |
| 5 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 6.0% | $114.8m | 5,093,782 | 80% | added |
| 6 | DVA DAVITA HEALTHCARE PARTNERS I | Healthcare | 5.9% | $113.2m | 1,464,312 | 12% | added |
| 7 | AXALTA COATING SYS LTD | 5.4% | $103.2m | 3,889,344 | – | new | |
| 8 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 4.8% | $91.5m | 4,045,141 | 41% | added |
| 9 | MERC MERCER INTL INC | Basic Materials | 4.6% | $87.5m | 10,959,849 | 1% | added |
| 10 | VISTA OUTDOOR INC | 4.2% | $81.1m | 1,699,046 | 23% | added | |
| 11 | FLOTEK INDS INC DEL | 4.2% | $79.6m | 6,033,594 | -26% | reduced | |
| 12 | ALSN ALLISON TRANSMISSION HLDGS I | Consumer Cyclical | 3.9% | $75.3m | 2,666,545 | -22% | reduced |
| 13 | SERVICEMASTER GLOBAL HLDGS I | 3.8% | $73.6m | 1,849,525 | -12% | reduced | |
| 14 | OLN OLIN CORP | Basic Materials | 3.6% | $68.9m | 2,774,209 | -22% | reduced |
| 15 | EXP EAGLE MATERIALS INC | Basic Materials | 3.6% | $68.1m | 882,810 | -19% | reduced |
| 16 | SNA SNAP ON INC | Industrials | 3.4% | $64.5m | 408,616 | -12% | reduced |
| 17 | GRACE W R & CO DEL NEW | 3.1% | $60.3m | 823,472 | 0% | held | |
| 18 | SPGI S&P GLOBAL INC | Financial Services | 2.9% | $55.9m | 521,392 | – | new |
| 19 | MLI MUELLER INDS INC | Industrials | 2.9% | $54.6m | 1,712,401 | -18% | reduced |
| 20 | DOV DOVER CORP | Industrials | 2.7% | $51.2m | 738,419 | -14% | reduced |
| 21 | SOTHEBYS | 1.7% | $32.7m | 1,194,052 | 1094% | added | |
| 22 | CC CHEMOURS CO | Basic Materials | 1.7% | $32.1m | 3,893,737 | 131% | added |
| 23 | HD SUPPLY HLDGS INC | 0.9% | $17.3m | 496,801 | – | new | |
| 24 | FTV FORTIVE CORP | Technology | 0.3% | $6.7m | 135,000 | – | new |
| 25 | NGVT INGEVITY CORP | Basic Materials | 0.3% | $5.7m | 167,306 | – | new |
| 26 | ION GEOPHYSICAL CORP | 0.2% | $4.0m | 644,460 | 2478% | added |
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.