Gates Capital Management 13F holdings, Q2 2021
Holdings as of June 30, 2021 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 29 US equity positions worth $3.5bn in its Q2 2021 13F filing. The largest position was OTIS at 6.6% of the reported book, followed by ESI and SPGI. Against the Q1 2021 filing, it opened 6 new positions, added to 9 and reduced 13 among the top 29 holdings.
What did Gates Capital Management own in Q2 2021? Top 29 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2021 |
|---|---|---|---|---|---|---|---|
| 1 | OTIS OTIS WORLDWIDE CORP | Industrials | 6.6% | $230.4m | 2,817,828 | -5% | reduced |
| 2 | ESI ELEMENT SOLUTIONS INC | Basic Materials | 6.2% | $213.7m | 9,138,553 | 1% | added |
| 3 | SPGI S&P GLOBAL INC | Financial Services | 5.6% | $193.8m | 472,197 | -11% | reduced |
| 4 | VISTA OUTDOOR INC | 5.6% | $193.5m | 4,181,838 | -26% | reduced | |
| 5 | VNT VONTIER CORPORATION | Technology | 5.4% | $188.1m | 5,772,613 | 14% | added |
| 6 | CARR CARRIER GLOBAL CORPORATION | Industrials | 5.2% | $182.0m | 3,744,851 | -1% | reduced |
| 7 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 5.2% | $181.8m | 3,924,906 | 1% | added |
| 8 | DVA DAVITA INC | Healthcare | 5.0% | $172.0m | 1,428,484 | 2% | added |
| 9 | TERMINIX GLOBAL HOLDINGS INC | 4.6% | $161.2m | 3,378,782 | 9% | added | |
| 10 | CZR CAESARS ENTERTAINMENT INC NE | Consumer Cyclical | 4.3% | $150.0m | 1,445,731 | 45% | added |
| 11 | STZ CONSTELLATION BRANDS INC | Consumer Defensive | 4.2% | $145.4m | 621,821 | -2% | reduced |
| 12 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 4.0% | $138.9m | 1,921,355 | 25% | added |
| 13 | IFF INTERNATIONAL FLAVORS&FRAGRA | Basic Materials | 3.5% | $123.0m | 823,381 | 36% | added |
| 14 | CHAMPIONX CORPORATION | 3.5% | $121.6m | 4,740,571 | -15% | reduced | |
| 15 | IAA INC | 3.5% | $120.9m | 2,216,004 | -4% | reduced | |
| 16 | AXALTA COATING SYS LTD | 3.5% | $120.8m | 3,960,885 | – | new | |
| 17 | ENVISTA HOLDINGS CORPORATION | 3.3% | $114.4m | 53,500,000 | – | new | |
| 18 | VICI VICI PPTYS INC | Real Estate | 3.2% | $109.9m | 3,542,533 | -17% | reduced |
| 19 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 3.1% | $108.5m | 1,012,027 | -21% | reduced |
| 20 | WAB WABTEC | Industrials | 2.9% | $99.7m | 1,211,854 | -7% | reduced |
| 21 | ION GEOPHYSICAL CORP | 2.1% | $72.5m | 70,479,000 | – | new | |
| 22 | BERRY GLOBAL GROUP INC | 2.1% | $71.8m | 1,100,531 | 19% | added | |
| 23 | REXNORD CORP | 1.9% | $66.8m | 1,333,932 | – | new | |
| 24 | WELBILT INC | 1.5% | $53.5m | 2,312,140 | -29% | reduced | |
| 25 | MERC MERCER INTL INC | Basic Materials | 1.5% | $50.6m | 3,967,804 | -15% | reduced |
| 26 | XPO XPO LOGISTICS INC | Industrials | 1.4% | $49.0m | 350,000 | – | new |
| 27 | NUVERRA ENVIRONMENTAL SOLUTI | 0.4% | $14.3m | 6,626,660 | 0% | held | |
| 28 | MLI MUELLER INDS INC | Industrials | 0.3% | $10.6m | 244,974 | -66% | reduced |
| 29 | ION GEOPHYSICAL CORP | 0.3% | $9.9m | 4,713,354 | – | 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.