Gates Capital Management 13F holdings, Q1 2024
Holdings as of March 31, 2024 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 31 US equity positions worth $3.4bn in its Q1 2024 13F filing. The largest position was CARR at 5.3% of the reported book, followed by VISTA OUTDOOR INC and CRH. Against the Q4 2023 filing, it opened 2 new positions, added to 12 and reduced 17 among the top 31 holdings.
What did Gates Capital Management own in Q1 2024? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2023 |
|---|---|---|---|---|---|---|---|
| 1 | CARR CARRIER GLOBAL CORPORATION | Industrials | 5.3% | $181.5m | 3,121,763 | 2% | added |
| 2 | VISTA OUTDOOR INC | 5.3% | $180.7m | 5,512,058 | 4% | added | |
| 3 | CRH CRH PLC | Basic Materials | 5.3% | $179.9m | 2,085,991 | -2% | reduced |
| 4 | RENTOKIL INITIAL PLC | 5.0% | $170.8m | 5,663,445 | 10% | added | |
| 5 | MBC MASTERBRAND INC | Consumer Cyclical | 4.7% | $159.7m | 8,520,324 | -6% | reduced |
| 6 | VLTO VERALTO CORP | Industrials | 4.6% | $157.6m | 1,778,021 | 10% | added |
| 7 | KVUE KENVUE INC | Consumer Defensive | 4.5% | $151.9m | 7,078,314 | 15% | added |
| 8 | GEHC GE HEALTHCARE TECHNOLOGIES I | Healthcare | 4.4% | $149.4m | 1,643,372 | -3% | reduced |
| 9 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 4.3% | $145.7m | 1,897,882 | 71% | added |
| 10 | PNR PENTAIR PLC | Industrials | 3.8% | $128.5m | 1,504,280 | -2% | reduced |
| 11 | APG API GROUP CORP | Industrials | 3.6% | $124.0m | 3,158,058 | -2% | reduced |
| 12 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 3.6% | $123.6m | 2,658,056 | 49% | added |
| 13 | SPGI S&P GLOBAL INC | Financial Services | 3.6% | $122.3m | 287,554 | -5% | reduced |
| 14 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 3.6% | $122.1m | 2,650,312 | 19% | added |
| 15 | DVA DAVITA INC | Healthcare | 3.1% | $105.3m | 762,567 | -16% | reduced |
| 16 | CHART INDS INC | 3.0% | $102.4m | 621,671 | -8% | reduced | |
| 17 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 2.8% | $96.8m | 779,086 | -12% | reduced |
| 18 | NVST ENVISTA HOLDINGS CORPORATION | Healthcare | 2.8% | $95.5m | 4,465,028 | 61% | added |
| 19 | FTRE FORTREA HLDGS INC | Healthcare | 2.8% | $95.2m | 2,371,628 | 22% | added |
| 20 | VICI VICI PPTYS INC | Real Estate | 2.7% | $92.5m | 3,106,737 | 14% | added |
| 21 | OTIS OTIS WORLDWIDE CORP | Industrials | 2.6% | $89.2m | 898,239 | -3% | reduced |
| 22 | ESI ELEMENT SOLUTIONS INC | Basic Materials | 2.6% | $87.3m | 3,494,489 | -38% | reduced |
| 23 | CHAMPIONX CORPORATION | 2.5% | $86.1m | 2,399,443 | -6% | reduced | |
| 24 | ATKR ATKORE INC | Industrials | 2.4% | $82.6m | 433,829 | -47% | reduced |
| 25 | NXT NEXTRACKER INC | Technology | 2.2% | $75.3m | 1,338,747 | – | new |
| 26 | FTV FORTIVE CORP | Technology | 2.1% | $72.3m | 840,494 | -5% | reduced |
| 27 | ENTG ENTEGRIS INC | Technology | 2.1% | $71.7m | 510,198 | -24% | reduced |
| 28 | TKO TKO GROUP HOLDINGS INC | Communication Services | 1.5% | $52.7m | 609,362 | – | new |
| 29 | MLI MUELLER INDS INC | Industrials | 1.5% | $51.4m | 952,407 | -50% | reduced |
| 30 | CONSENSUS CLOUD SOLUTIONS IN | 0.9% | $30.0m | 1,891,132 | 21% | added | |
| 31 | MERC MERCER INTL INC | Basic Materials | 0.5% | $16.4m | 1,647,969 | -37% | 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.