Gates Capital Management 13F holdings, Q1 2019
Holdings as of March 31, 2019 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 27 US equity positions worth $2.2bn in its Q1 2019 13F filing. The largest position was DVA at 7.4% of the reported book, followed by OPLN and ALTRA INDL MOTION CORP. Against the Q4 2018 filing, it opened 4 new positions, added to 8 and reduced 14 among the top 27 holdings.
What did Gates Capital Management own in Q1 2019? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2018 |
|---|---|---|---|---|---|---|---|
| 1 | DVA DAVITA INC | Healthcare | 7.4% | $161.9m | 2,981,285 | 34% | added |
| 2 | OPLN KAR AUCTION SVCS INC | Consumer Cyclical | 7.0% | $152.7m | 2,976,944 | 74% | added |
| 3 | ALTRA INDL MOTION CORP | 6.6% | $144.7m | 4,659,129 | 24% | added | |
| 4 | WELBILT INC | 5.8% | $126.6m | 7,728,288 | 6% | added | |
| 5 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 5.4% | $119.2m | 1,433,642 | -9% | reduced |
| 6 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 5.4% | $118.4m | 1,491,140 | -11% | reduced |
| 7 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 5.3% | $115.5m | 2,995,285 | -9% | reduced |
| 8 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 4.3% | $93.8m | 3,656,707 | 76% | added |
| 9 | GRACE W R & CO DEL NEW | 4.1% | $90.2m | 1,155,271 | -21% | reduced | |
| 10 | VERSUM MATLS INC | 4.0% | $88.5m | 1,759,202 | -28% | reduced | |
| 11 | ALTABA INC | 4.0% | $87.1m | 1,175,648 | -27% | reduced | |
| 12 | SERVICEMASTER GLOBAL HLDGS I | 3.9% | $84.3m | 1,805,829 | 64% | added | |
| 13 | STZ CONSTELLATION BRANDS INC | Consumer Defensive | 3.6% | $79.6m | 454,000 | – | new |
| 14 | SNA SNAP ON INC | Industrials | 3.5% | $76.6m | 489,701 | -23% | reduced |
| 15 | WAB WABTEC CORP | Industrials | 3.4% | $74.4m | 1,009,494 | – | new |
| 16 | SPGI S&P GLOBAL INC | Financial Services | 3.3% | $71.6m | 339,855 | -14% | reduced |
| 17 | ESI ELEMENT SOLUTIONS INC | Basic Materials | 3.1% | $68.7m | 6,804,532 | – | new |
| 18 | SENSATA TECHNOLOGIES HLDNG P | 3.0% | $66.0m | 1,466,613 | -4% | reduced | |
| 19 | FTV FORTIVE CORP | Technology | 3.0% | $65.1m | 775,462 | -3% | reduced |
| 20 | SERITAGE GROWTH PPTYS | 2.9% | $63.3m | 1,423,461 | 21% | added | |
| 21 | NUVERRA ENVIRONMENTAL SOLUTI | 2.9% | $62.8m | 7,056,917 | 0% | held | |
| 22 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 2.4% | $53.3m | 1,727,984 | -28% | reduced |
| 23 | VICI VICI PPTYS INC | Real Estate | 2.2% | $47.7m | 2,178,182 | -2% | reduced |
| 24 | MERC MERCER INTL INC | Basic Materials | 1.8% | $40.4m | 2,990,617 | -23% | reduced |
| 25 | EXELA TECHNOLOGIES INC | 1.0% | $20.9m | 6,244,800 | 6% | added | |
| 26 | ION GEOPHYSICAL CORP | 0.7% | $14.8m | 1,024,835 | -15% | reduced | |
| 27 | AXALTA COATING SYS LTD | 0.1% | $2.2m | 87,500 | – | 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.