Gates Capital Management 13F holdings, Q3 2019
Holdings as of September 30, 2019 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 29 US equity positions worth $2.3bn in its Q3 2019 13F filing. The largest position was DVA at 7.1% of the reported book, followed by ALTRA INDL MOTION CORP and WAB. Against the Q2 2019 filing, it opened 2 new positions, added to 9 and reduced 15 among the top 29 holdings.
What did Gates Capital Management own in Q3 2019? Top 29 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2019 |
|---|---|---|---|---|---|---|---|
| 1 | DVA DAVITA INC | Healthcare | 7.1% | $164.1m | 2,874,648 | -13% | reduced |
| 2 | ALTRA INDL MOTION CORP | 6.9% | $158.4m | 5,718,516 | 27% | added | |
| 3 | WAB WABTEC CORP | Industrials | 5.2% | $120.7m | 1,679,044 | -3% | reduced |
| 4 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 5.2% | $119.5m | 1,283,390 | 1% | added |
| 5 | VICI VICI PPTYS INC | Real Estate | 5.2% | $118.8m | 5,245,077 | -2% | reduced |
| 6 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 5.1% | $117.9m | 3,083,539 | -2% | reduced |
| 7 | OPLN KAR AUCTION SVCS INC | Consumer Cyclical | 5.1% | $117.1m | 4,771,751 | -4% | reduced |
| 8 | WELBILT INC | 4.8% | $111.5m | 6,613,036 | -10% | reduced | |
| 9 | GRACE W R & CO DEL NEW | 4.4% | $101.2m | 1,515,966 | 34% | added | |
| 10 | ESI ELEMENT SOLUTIONS INC | Basic Materials | 4.3% | $100.3m | 9,853,244 | 45% | added |
| 11 | IAA INC | 4.2% | $97.1m | 2,327,200 | -28% | reduced | |
| 12 | FTV FORTIVE CORP | Technology | 3.7% | $86.4m | 1,260,404 | 51% | added |
| 13 | SPGI S&P GLOBAL INC | Financial Services | 3.7% | $85.9m | 350,611 | -19% | reduced |
| 14 | SERVICEMASTER GLOBAL HLDGS I | 3.7% | $85.6m | 1,530,823 | -0% | held | |
| 15 | IR INGERSOLL-RAND PLC | Industrials | 3.7% | $84.5m | 685,477 | -2% | reduced |
| 16 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 3.4% | $77.7m | 803,290 | -5% | reduced |
| 17 | CDK CDK GLOBAL INC | 3.1% | $71.4m | 1,484,081 | – | new | |
| 18 | SENSATA TECHNOLOGIES HLDNG P | 3.0% | $68.1m | 1,360,386 | -25% | reduced | |
| 19 | ALC ALCON INC | Healthcare | 2.9% | $67.5m | 1,158,849 | 35% | added |
| 20 | SERITAGE GROWTH PPTYS | 2.5% | $58.7m | 1,382,440 | -14% | reduced | |
| 21 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 2.5% | $56.9m | 2,051,437 | -38% | reduced |
| 22 | SNA SNAP ON INC | Industrials | 2.1% | $48.9m | 312,666 | 0% | held |
| 23 | MERC MERCER INTL INC | Basic Materials | 2.0% | $46.3m | 3,691,530 | 37% | added |
| 24 | MLI MUELLER INDS INC | Industrials | 1.6% | $36.1m | 1,259,693 | 27% | added |
| 25 | NVST ENVISTA HLDGS CORP | Healthcare | 1.4% | $33.4m | 1,199,416 | – | new |
| 26 | VISTA OUTDOOR INC | 1.4% | $32.8m | 5,297,134 | 191% | added | |
| 27 | NUVERRA ENVIRONMENTAL SOLUTI | 1.3% | $29.9m | 7,056,917 | 0% | held | |
| 28 | EXELA TECHNOLOGIES INC | 0.2% | $5.0m | 4,233,010 | -25% | reduced | |
| 29 | ION GEOPHYSICAL CORP | 0.2% | $4.9m | 539,855 | -17% | 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.