Gates Capital Management 13F holdings, Q2 2019
Holdings as of June 30, 2019 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 29 US equity positions worth $2.4bn in its Q2 2019 13F filing. The largest position was DVA at 7.8% of the reported book, followed by ALTRA INDL MOTION CORP and IAA INC. Against the Q1 2019 filing, it opened 5 new positions, added to 10 and reduced 12 among the top 29 holdings.
What did Gates Capital Management own in Q2 2019? Top 29 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2019 |
|---|---|---|---|---|---|---|---|
| 1 | DVA DAVITA INC | Healthcare | 7.8% | $185.5m | 3,297,947 | 11% | added |
| 2 | ALTRA INDL MOTION CORP | 6.8% | $162.2m | 4,520,134 | -3% | reduced | |
| 3 | IAA INC | 5.2% | $124.8m | 3,218,242 | – | new | |
| 4 | OPLN KAR AUCTION SVCS INC | Consumer Cyclical | 5.2% | $124.1m | 4,965,137 | 67% | added |
| 5 | WAB WABTEC CORP | Industrials | 5.2% | $123.9m | 1,726,211 | 71% | added |
| 6 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 5.2% | $123.8m | 1,266,601 | -12% | reduced |
| 7 | WELBILT INC | 5.2% | $123.3m | 7,385,482 | -4% | reduced | |
| 8 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 5.1% | $122.5m | 3,142,916 | 5% | added |
| 9 | VICI VICI PPTYS INC | Real Estate | 4.9% | $117.7m | 5,340,738 | 145% | added |
| 10 | SPGI S&P GLOBAL INC | Financial Services | 4.1% | $98.4m | 431,771 | 27% | added |
| 11 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 3.9% | $94.0m | 3,288,963 | -10% | reduced |
| 12 | SENSATA TECHNOLOGIES HLDNG P | 3.8% | $89.3m | 1,823,114 | 24% | added | |
| 13 | IR INGERSOLL-RAND PLC | Industrials | 3.7% | $88.8m | 701,150 | – | new |
| 14 | GRACE W R & CO DEL NEW | 3.6% | $86.4m | 1,135,271 | -2% | reduced | |
| 15 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 3.5% | $82.6m | 849,857 | -43% | reduced |
| 16 | SERVICEMASTER GLOBAL HLDGS I | 3.4% | $80.1m | 1,537,867 | -15% | reduced | |
| 17 | AXALTA COATING SYS LTD | 3.0% | $71.7m | 2,409,103 | 2653% | added | |
| 18 | ESI ELEMENT SOLUTIONS INC | Basic Materials | 3.0% | $70.5m | 6,816,803 | 0% | held |
| 19 | SERITAGE GROWTH PPTYS | 2.9% | $68.8m | 1,600,565 | 12% | added | |
| 20 | FTV FORTIVE CORP | Technology | 2.9% | $68.0m | 834,020 | 8% | added |
| 21 | ALC ALCON INC | Healthcare | 2.2% | $53.3m | 859,298 | – | new |
| 22 | SNA SNAP ON INC | Industrials | 2.2% | $51.8m | 312,666 | -36% | reduced |
| 23 | MERC MERCER INTL INC | Basic Materials | 1.8% | $41.7m | 2,698,617 | -10% | reduced |
| 24 | STZ CONSTELLATION BRANDS INC | Consumer Defensive | 1.4% | $34.1m | 173,325 | -62% | reduced |
| 25 | NUVERRA ENVIRONMENTAL SOLUTI | 1.2% | $29.0m | 7,056,917 | 0% | held | |
| 26 | MLI MUELLER INDS INC | Industrials | 1.2% | $28.9m | 988,686 | – | new |
| 27 | VISTA OUTDOOR INC | 0.7% | $16.1m | 1,817,218 | – | new | |
| 28 | EXELA TECHNOLOGIES INC | 0.5% | $12.3m | 5,632,552 | -10% | reduced | |
| 29 | ION GEOPHYSICAL CORP | 0.2% | $5.3m | 653,706 | -36% | 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.