Gates Capital Management 13F holdings, Q3 2018
Holdings as of September 30, 2018 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 34 US equity positions worth $2.7bn in its Q3 2018 13F filing. The largest position was GLPI at 6.3% of the reported book, followed by ALTABA INC and OPLN. Against the Q2 2018 filing, it opened 5 new positions, added to 7 and reduced 19 among the top 34 holdings.
What did Gates Capital Management own in Q3 2018? Top 34 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2018 |
|---|---|---|---|---|---|---|---|
| 1 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 6.3% | $167.5m | 4,750,487 | 37% | added |
| 2 | ALTABA INC | 6.0% | $161.0m | 2,363,203 | -38% | reduced | |
| 3 | OPLN KAR AUCTION SVCS INC | Consumer Cyclical | 5.3% | $142.4m | 2,385,953 | -6% | reduced |
| 4 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 5.1% | $137.2m | 1,698,429 | -18% | reduced |
| 5 | DVA DAVITA INC | Healthcare | 5.0% | $133.5m | 1,863,633 | -8% | reduced |
| 6 | EXP EAGLE MATERIALS INC | Basic Materials | 4.8% | $129.3m | 1,517,340 | 136% | added |
| 7 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 4.8% | $129.0m | 4,622,563 | -8% | reduced |
| 8 | GRACE W R & CO DEL NEW | 4.8% | $127.2m | 1,779,553 | 4% | added | |
| 9 | SERVICEMASTER GLOBAL HLDGS I | 4.3% | $115.6m | 1,863,816 | 135% | added | |
| 10 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 4.2% | $112.5m | 1,616,612 | -22% | reduced |
| 11 | SENSATA TECHNOLOGIES HLDNG P | 3.7% | $98.8m | 1,994,804 | -10% | reduced | |
| 12 | SNA SNAP ON INC | Industrials | 3.6% | $97.0m | 528,297 | -30% | reduced |
| 13 | WELBILT INC | 3.3% | $88.9m | 4,255,724 | -7% | reduced | |
| 14 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 3.2% | $86.0m | 2,598,816 | – | new |
| 15 | VERSUM MATLS INC | 3.2% | $84.4m | 2,343,809 | -7% | reduced | |
| 16 | ALTRA INDL MOTION CORP | 2.9% | $78.1m | 1,892,190 | – | new | |
| 17 | VICI VICI PPTYS INC | Real Estate | 2.9% | $77.8m | 3,598,178 | -28% | reduced |
| 18 | PLATFORM SPECIALTY PRODS COR | 2.8% | $74.1m | 5,941,258 | – | new | |
| 19 | GCP APPLIED TECHNOLOGIES INC | 2.8% | $73.7m | 2,777,070 | 117% | added | |
| 20 | CAESARS ENTMT CORP | 2.6% | $68.8m | 6,711,386 | – | new | |
| 21 | WYNDHAM DESTINATIONS INC | 2.3% | $61.1m | 1,408,919 | -24% | reduced | |
| 22 | SPGI S&P GLOBAL INC | Financial Services | 2.3% | $60.6m | 310,000 | 0% | held |
| 23 | NUVERRA ENVIRONMENTAL SOLUTI | 2.1% | $55.9m | 5,023,279 | 0% | held | |
| 24 | IR INGERSOLL-RAND PLC | Industrials | 2.0% | $54.7m | 535,167 | -42% | reduced |
| 25 | MERC MERCER INTL INC | Basic Materials | 1.8% | $49.1m | 2,921,466 | -16% | reduced |
| 26 | EXELA TECHNOLOGIES INC | 1.4% | $38.0m | 5,333,176 | 25% | added | |
| 27 | SERITAGE GROWTH PPTYS | 1.2% | $32.5m | 684,787 | -46% | reduced | |
| 28 | CC CHEMOURS CO | Basic Materials | 1.1% | $28.9m | 732,837 | -48% | reduced |
| 29 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 1.0% | $27.4m | 1,419,186 | 0% | held |
| 30 | DOV DOVER CORP | Industrials | 0.9% | $25.3m | 285,734 | -85% | reduced |
| 31 | MGP MGM GROWTH PPTYS LLC | 0.8% | $20.3m | 687,890 | -7% | reduced | |
| 32 | ION GEOPHYSICAL CORP | 0.8% | $20.2m | 1,301,604 | 11% | added | |
| 33 | GTX GARRETT MOTION INC | Consumer Cyclical | 0.5% | $13.6m | 733,599 | – | new |
| 34 | FLOTEK INDS INC DEL | 0.1% | $2.5m | 1,036,028 | -65% | 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.