Gates Capital Management 13F holdings, Q1 2021
Holdings as of March 31, 2021 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 23 US equity positions worth $2.7bn in its Q1 2021 13F filing. The largest position was OTIS at 7.4% of the reported book, followed by SPGI and VISTA OUTDOOR INC. Against the Q4 2020 filing, it opened 2 new positions, added to 12 and reduced 9 among the top 23 holdings.
What did Gates Capital Management own in Q1 2021? Top 23 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2020 |
|---|---|---|---|---|---|---|---|
| 1 | OTIS OTIS WORLDWIDE CORP | Industrials | 7.4% | $203.3m | 2,969,999 | 10% | added |
| 2 | SPGI S&P GLOBAL INC | Financial Services | 6.8% | $186.7m | 529,175 | 32% | added |
| 3 | VISTA OUTDOOR INC | 6.6% | $182.4m | 5,686,684 | 2% | added | |
| 4 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 6.0% | $165.6m | 3,901,931 | 35% | added |
| 5 | ESI ELEMENT SOLUTIONS INC | Basic Materials | 6.0% | $165.4m | 9,043,922 | 8% | added |
| 6 | CARR CARRIER GLOBAL CORPORATION | Industrials | 5.8% | $159.0m | 3,764,851 | -6% | reduced |
| 7 | VNT VONTIER CORPORATION | Technology | 5.6% | $153.7m | 5,077,661 | 77% | added |
| 8 | DVA DAVITA INC | Healthcare | 5.5% | $151.2m | 1,402,841 | 26% | added |
| 9 | TERMINIX GLOBAL HOLDINGS INC | 5.4% | $148.1m | 3,106,565 | 16% | added | |
| 10 | STZ CONSTELLATION BRANDS INC | Consumer Defensive | 5.3% | $144.5m | 633,640 | -11% | reduced |
| 11 | IAA INC | 4.6% | $127.2m | 2,307,258 | 34% | added | |
| 12 | CHAMPIONX CORPORATION | 4.4% | $121.8m | 5,606,459 | -35% | reduced | |
| 13 | VICI VICI PPTYS INC | Real Estate | 4.4% | $120.1m | 4,252,196 | 4% | added |
| 14 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 4.2% | $114.9m | 1,275,644 | -24% | reduced |
| 15 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 3.9% | $106.9m | 1,531,355 | 59% | added |
| 16 | WAB WABTEC | Industrials | 3.8% | $103.5m | 1,307,932 | -12% | reduced |
| 17 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 3.2% | $87.2m | 997,151 | 18% | added |
| 18 | IFF INTERNATIONAL FLAVORS&FRAGRA | Basic Materials | 3.1% | $84.2m | 603,381 | – | new |
| 19 | MERC MERCER INTL INC | Basic Materials | 2.5% | $67.4m | 4,682,885 | -26% | reduced |
| 20 | BERRY GLOBAL GROUP INC | 2.1% | $56.7m | 923,112 | – | new | |
| 21 | WELBILT INC | 1.9% | $52.6m | 3,239,109 | -34% | reduced | |
| 22 | MLI MUELLER INDS INC | Industrials | 1.1% | $29.7m | 717,370 | -53% | reduced |
| 23 | NUVERRA ENVIRONMENTAL SOLUTI | 0.6% | $15.2m | 6,626,660 | -1% | 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.