Gates Capital Management 13F holdings, Q4 2023
Holdings as of December 31, 2023 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 29 US equity positions worth $3.0bn in its Q4 2023 13F filing. The largest position was CARR at 5.8% of the reported book, followed by VISTA OUTDOOR INC and RENTOKIL INITIAL PLC. Against the Q3 2023 filing, it opened 3 new positions, added to 5 and reduced 20 among the top 29 holdings.
What did Gates Capital Management own in Q4 2023? Top 29 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2023 |
|---|---|---|---|---|---|---|---|
| 1 | CARR CARRIER GLOBAL CORPORATION | Industrials | 5.8% | $175.9m | 3,061,763 | -13% | reduced |
| 2 | VISTA OUTDOOR INC | 5.2% | $156.3m | 5,285,616 | -9% | reduced | |
| 3 | RENTOKIL INITIAL PLC | 4.9% | $147.5m | 5,155,193 | 11% | added | |
| 4 | CRH CRH PLC | Basic Materials | 4.9% | $147.4m | 2,130,991 | 15% | added |
| 5 | MBC MASTERBRAND INC | Consumer Cyclical | 4.5% | $134.9m | 9,080,934 | -4% | reduced |
| 6 | VLTO VERALTO CORP | Industrials | 4.4% | $133.5m | 1,623,021 | – | new |
| 7 | SPGI S&P GLOBAL INC | Financial Services | 4.4% | $132.8m | 301,554 | -8% | reduced |
| 8 | KVUE KENVUE INC | Consumer Defensive | 4.4% | $132.1m | 6,137,844 | -22% | reduced |
| 9 | ATKR ATKORE INC | Industrials | 4.4% | $131.6m | 822,321 | -10% | reduced |
| 10 | GEHC GE HEALTHCARE TECHNOLOGIES I | Healthcare | 4.3% | $131.1m | 1,695,172 | -37% | reduced |
| 11 | ESI ELEMENT SOLUTIONS INC | Basic Materials | 4.3% | $130.0m | 5,616,071 | -31% | reduced |
| 12 | PNR PENTAIR PLC | Industrials | 3.7% | $112.1m | 1,541,553 | -23% | reduced |
| 13 | APG API GROUP CORP | Industrials | 3.7% | $111.7m | 3,229,148 | – | new |
| 14 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 3.6% | $109.8m | 2,224,266 | -10% | reduced |
| 15 | DVA DAVITA INC | Healthcare | 3.1% | $94.9m | 905,830 | 3% | added |
| 16 | CHART INDS INC | 3.1% | $92.3m | 677,206 | 51% | added | |
| 17 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 3.0% | $89.4m | 1,112,378 | -45% | reduced |
| 18 | MLI MUELLER INDS INC | Industrials | 3.0% | $89.4m | 1,896,207 | 58% | added |
| 19 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 2.9% | $88.9m | 1,783,399 | – | new |
| 20 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 2.9% | $87.3m | 887,876 | -42% | reduced |
| 21 | VICI VICI PPTYS INC | Real Estate | 2.9% | $86.8m | 2,721,737 | -4% | reduced |
| 22 | OTIS OTIS WORLDWIDE CORP | Industrials | 2.7% | $82.9m | 927,039 | -27% | reduced |
| 23 | ENTG ENTEGRIS INC | Technology | 2.7% | $80.3m | 670,548 | -4% | reduced |
| 24 | CHAMPIONX CORPORATION | 2.5% | $74.8m | 2,561,043 | 0% | held | |
| 25 | FTRE FORTREA HLDGS INC | Healthcare | 2.2% | $67.9m | 1,944,371 | -51% | reduced |
| 26 | NVST ENVISTA HOLDINGS CORPORATION | Healthcare | 2.2% | $66.6m | 2,767,343 | -51% | reduced |
| 27 | FTV FORTIVE CORP | Technology | 2.2% | $65.4m | 888,394 | -43% | reduced |
| 28 | CONSENSUS CLOUD SOLUTIONS IN | 1.4% | $40.9m | 1,560,249 | -12% | reduced | |
| 29 | MERC MERCER INTL INC | Basic Materials | 0.8% | $24.7m | 2,602,167 | -48% | 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.