Gates Capital Management 13F holdings, Q3 2020
Holdings as of September 30, 2020 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 25 US equity positions worth $2.2bn in its Q3 2020 13F filing. The largest position was OTIS at 7.3% of the reported book, followed by ESI and CARR. Against the Q2 2020 filing, it opened 2 new positions, added to 12 and reduced 8 among the top 25 holdings.
What did Gates Capital Management own in Q3 2020? Top 25 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2020 |
|---|---|---|---|---|---|---|---|
| 1 | OTIS OTIS WORLDWIDE CORP | Industrials | 7.3% | $160.2m | 2,567,252 | 7% | added |
| 2 | ESI ELEMENT SOLUTIONS INC | Basic Materials | 5.9% | $130.3m | 12,394,073 | 27% | added |
| 3 | CARR CARRIER GLOBAL CORPORATION | Industrials | 5.9% | $128.5m | 4,207,768 | -6% | reduced |
| 4 | IAA INC | 5.4% | $119.5m | 2,294,606 | 19% | added | |
| 5 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 5.3% | $116.5m | 3,155,811 | 5% | added |
| 6 | DVA DAVITA INC | Healthcare | 5.3% | $116.4m | 1,359,503 | 10% | added |
| 7 | VICI VICI PPTYS INC | Real Estate | 5.3% | $116.0m | 4,962,562 | -32% | reduced |
| 8 | SERVICEMASTER GLOBAL HLDGS I | 5.2% | $114.9m | 2,882,073 | -10% | reduced | |
| 9 | SPGI S&P GLOBAL INC | Financial Services | 5.0% | $110.2m | 305,611 | 0% | held |
| 10 | WAB WABTEC | Industrials | 4.7% | $102.6m | 1,657,377 | -19% | reduced |
| 11 | AWI ARMSTRONG WORLD INDS INC | Industrials | 4.3% | $93.8m | 1,362,495 | 11% | added |
| 12 | VISTA OUTDOOR INC | 4.1% | $89.1m | 4,413,460 | 5% | added | |
| 13 | CHAMPIONX CORPORATION | 4.0% | $87.2m | 10,916,870 | 65% | added | |
| 14 | OPLN KAR AUCTION SVCS INC | Consumer Cyclical | 3.7% | $82.2m | 5,708,585 | -31% | reduced |
| 15 | ENTG ENTEGRIS INC | Technology | 3.7% | $80.9m | 1,088,428 | – | new |
| 16 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 3.7% | $80.7m | 1,597,087 | -15% | reduced |
| 17 | HLT HILTON WORLDWIDE HLDGS INC | Consumer Cyclical | 3.3% | $73.2m | 857,723 | 0% | held |
| 18 | STZ CONSTELLATION BRANDS INC | Consumer Defensive | 3.1% | $67.6m | 356,776 | 4% | added |
| 19 | FTDR FRONTDOOR INC | Consumer Cyclical | 3.0% | $66.9m | 1,719,327 | – | new |
| 20 | GRACE W R & CO DEL NEW | 2.8% | $61.2m | 1,519,341 | -28% | reduced | |
| 21 | ALTRA INDL MOTION CORP | 2.7% | $59.3m | 1,604,458 | -22% | reduced | |
| 22 | MLI MUELLER INDS INC | Industrials | 2.3% | $49.6m | 1,832,435 | 9% | added |
| 23 | MERC MERCER INTL INC | Basic Materials | 2.0% | $42.9m | 6,496,666 | 3% | added |
| 24 | WELBILT INC | 1.3% | $27.6m | 4,478,965 | 9% | added | |
| 25 | NUVERRA ENVIRONMENTAL SOLUTI | 0.7% | $16.4m | 7,056,917 | 0% | held |
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.