Gates Capital Management 13F holdings, Q4 2016
Holdings as of December 31, 2016 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 28 US equity positions worth $2.0bn in its Q4 2016 13F filing. The largest position was HLT at 9.8% of the reported book, followed by GLPI and GCP APPLIED TECHNOLOGIES INC. Against the Q3 2016 filing, it opened 6 new positions, added to 7 and reduced 14 among the top 28 holdings.
What did Gates Capital Management own in Q4 2016? Top 28 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2016 |
|---|---|---|---|---|---|---|---|
| 1 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 9.8% | $192.5m | 7,078,856 | 50% | added |
| 2 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 6.2% | $121.8m | 3,977,005 | 9% | added |
| 3 | GCP APPLIED TECHNOLOGIES INC | 6.1% | $120.4m | 4,500,000 | 37% | added | |
| 4 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 6.1% | $120.1m | 9,304,871 | -16% | reduced |
| 5 | AXALTA COATING SYS LTD | 6.1% | $120.0m | 4,412,779 | 5% | added | |
| 6 | GRACE W R & CO DEL NEW | 6.0% | $118.8m | 1,756,947 | 144% | added | |
| 7 | MERC MERCER INTL INC | Basic Materials | 5.9% | $116.7m | 10,959,849 | 0% | held |
| 8 | DVA DAVITA INC | Healthcare | 5.7% | $112.9m | 1,758,628 | -6% | reduced |
| 9 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 4.4% | $87.5m | 3,034,367 | -9% | reduced |
| 10 | VERSUM MATLS INC | 4.4% | $86.1m | 3,065,750 | 118% | added | |
| 11 | SNA SNAP ON INC | Industrials | 3.4% | $67.7m | 395,271 | -35% | reduced |
| 12 | FTV FORTIVE CORP | Technology | 3.4% | $67.0m | 1,248,557 | 18% | added |
| 13 | MGP MGM GROWTH PPTYS LLC | 3.4% | $66.7m | 2,635,414 | – | new | |
| 14 | SERVICEMASTER GLOBAL HLDGS I | 3.4% | $66.1m | 1,753,732 | -18% | reduced | |
| 15 | LW LAMB WESTON HLDGS INC | Consumer Defensive | 3.3% | $65.4m | 1,728,658 | – | new |
| 16 | FLOTEK INDS INC DEL | 2.6% | $51.9m | 5,529,513 | -1% | reduced | |
| 17 | HD SUPPLY HLDGS INC | 2.6% | $50.6m | 1,189,391 | -53% | reduced | |
| 18 | VISTA OUTDOOR INC | 2.5% | $49.8m | 1,350,745 | -42% | reduced | |
| 19 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 2.3% | $46.1m | 1,773,981 | – | new |
| 20 | CC CHEMOURS CO | Basic Materials | 2.3% | $44.8m | 2,026,445 | -36% | reduced |
| 21 | DONNELLEY FINL SOLUTIONS INC | 2.2% | $43.1m | 1,876,388 | – | new | |
| 22 | EXP EAGLE MATERIALS INC | Basic Materials | 2.0% | $40.2m | 408,006 | -71% | reduced |
| 23 | MANITOWOC FOODSERVICE INC | 2.0% | $39.4m | 2,040,642 | – | new | |
| 24 | SPGI S&P GLOBAL INC | Financial Services | 1.8% | $34.9m | 324,430 | -7% | reduced |
| 25 | ALSN ALLISON TRANSMISSION HLDGS I | Consumer Cyclical | 1.1% | $21.1m | 626,024 | -67% | reduced |
| 26 | OLN OLIN CORP | Basic Materials | 0.5% | $10.0m | 390,990 | -86% | reduced |
| 27 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 0.4% | $8.2m | 146,430 | – | new |
| 28 | ION GEOPHYSICAL CORP | 0.1% | $2.0m | 341,379 | -47% | 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.