Gates Capital Management 13F holdings, Q2 2018
Holdings as of June 30, 2018 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 31 US equity positions worth $2.7bn in its Q2 2018 13F filing. The largest position was ALTABA INC at 10.2% of the reported book, followed by HLT and MGM. Against the Q1 2018 filing, it opened 4 new positions, added to 11 and reduced 14 among the top 31 holdings.
What did Gates Capital Management own in Q2 2018? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2018 |
|---|---|---|---|---|---|---|---|
| 1 | ALTABA INC | 10.2% | $278.4m | 3,802,868 | 54% | added | |
| 2 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 6.0% | $164.8m | 2,081,234 | 39% | added |
| 3 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 5.4% | $146.2m | 5,036,032 | 89% | added |
| 4 | DOV DOVER CORP | Industrials | 5.2% | $143.1m | 1,954,600 | – | new |
| 5 | DVA DAVITA INC | Healthcare | 5.1% | $140.3m | 2,020,199 | -4% | reduced |
| 6 | OPLN KAR AUCTION SVCS INC | Consumer Cyclical | 5.1% | $139.4m | 2,544,171 | 35% | added |
| 7 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 4.8% | $130.4m | 2,063,587 | -19% | reduced |
| 8 | GRACE W R & CO DEL NEW | 4.6% | $125.5m | 1,712,078 | -45% | reduced | |
| 9 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 4.5% | $124.3m | 3,471,035 | 15% | added |
| 10 | SNA SNAP ON INC | Industrials | 4.4% | $120.8m | 751,486 | -9% | reduced |
| 11 | SENSATA TECHNOLOGIES HLDNG P | 3.9% | $105.3m | 2,213,954 | 43% | added | |
| 12 | VICI VICI PPTYS INC | Real Estate | 3.8% | $103.3m | 5,009,365 | -7% | reduced |
| 13 | WELBILT INC | 3.7% | $101.9m | 4,566,798 | 9% | added | |
| 14 | VERSUM MATLS INC | 3.4% | $93.1m | 2,507,324 | 5% | added | |
| 15 | IR INGERSOLL-RAND PLC | Industrials | 3.0% | $82.8m | 922,709 | 27% | added |
| 16 | WYNDHAM DESTINATIONS INC | 3.0% | $81.7m | 1,845,163 | – | new | |
| 17 | PNR PENTAIR PLC | Industrials | 3.0% | $81.2m | 1,930,060 | – | new |
| 18 | EXP EAGLE MATERIALS INC | Basic Materials | 2.5% | $67.5m | 643,418 | -24% | reduced |
| 19 | SPGI S&P GLOBAL INC | Financial Services | 2.3% | $63.2m | 310,000 | 0% | held |
| 20 | CC CHEMOURS CO | Basic Materials | 2.3% | $62.3m | 1,405,264 | 16% | added |
| 21 | MERC MERCER INTL INC | Basic Materials | 2.2% | $61.2m | 3,498,375 | -24% | reduced |
| 22 | NUVERRA ENVIRONMENTAL SOLUTI | 2.2% | $60.3m | 5,023,279 | -0% | held | |
| 23 | SERITAGE GROWTH PPTYS | 2.0% | $53.4m | 1,257,497 | -18% | reduced | |
| 24 | SERVICEMASTER GLOBAL HLDGS I | 1.7% | $47.2m | 793,000 | -47% | reduced | |
| 25 | GCP APPLIED TECHNOLOGIES INC | 1.4% | $37.1m | 1,280,008 | -15% | reduced | |
| 26 | ION GEOPHYSICAL CORP | 1.0% | $28.4m | 1,168,987 | 36% | added | |
| 27 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 1.0% | $28.2m | 1,419,186 | -6% | reduced |
| 28 | MGP MGM GROWTH PPTYS LLC | 0.8% | $22.5m | 737,890 | -36% | reduced | |
| 29 | EXELA TECHNOLOGIES INC | 0.7% | $20.3m | 4,269,054 | – | new | |
| 30 | FLOTEK INDS INC DEL | 0.4% | $9.7m | 2,993,343 | -46% | reduced | |
| 31 | VISTA OUTDOOR INC | 0.3% | $7.7m | 498,618 | -86% | 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.