Gates Capital Management 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 29 US equity positions worth $3.2bn in its Q1 2025 13F filing. The largest position was DAR at 7.7% of the reported book, followed by ATKR and FTV. Against the Q4 2024 filing, it opened 2 new positions, added to 15 and reduced 7 among the top 29 holdings.
What did Gates Capital Management own in Q1 2025? Top 29 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 7.7% | $247.3m | 7,915,560 | 19% | added |
| 2 | ATKR ATKORE INC | Industrials | 6.1% | $195.9m | 3,265,061 | 25% | added |
| 3 | FTV FORTIVE CORP | Technology | 5.8% | $187.7m | 2,565,459 | 6% | added |
| 4 | CARR CARRIER GLOBAL CORPORATION | Industrials | 5.8% | $186.3m | 2,937,756 | 0% | held |
| 5 | RENTOKIL INITIAL PLC | 4.7% | $151.5m | 6,615,305 | 6% | added | |
| 6 | CRH CRH PLC | Basic Materials | 4.7% | $150.0m | 1,705,365 | -2% | reduced |
| 7 | SPGI S&P GLOBAL INC | Financial Services | 4.5% | $146.1m | 287,554 | 0% | held |
| 8 | APG API GROUP CORP | Industrials | 4.5% | $145.5m | 4,069,841 | -19% | reduced |
| 9 | PNR PENTAIR PLC | Industrials | 4.0% | $130.3m | 1,489,233 | 12% | added |
| 10 | VLTO VERALTO CORP | Industrials | 3.9% | $126.9m | 1,302,294 | 8% | added |
| 11 | MBC MASTERBRAND INC | Consumer Cyclical | 3.9% | $126.3m | 9,669,562 | 2% | added |
| 12 | ESI ELEMENT SOLUTIONS INC | Basic Materials | 3.8% | $122.7m | 5,424,745 | 102% | added |
| 13 | CHART INDS INC | 3.5% | $112.1m | 776,636 | 61% | added | |
| 14 | DVA DAVITA INC | Healthcare | 3.4% | $110.5m | 722,205 | 1% | added |
| 15 | LW LAMB WESTON HLDGS INC | Consumer Defensive | 3.3% | $107.5m | 2,016,142 | 50% | added |
| 16 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 3.3% | $106.8m | 2,098,022 | 0% | held |
| 17 | TKO TKO GROUP HOLDINGS INC | Communication Services | 2.8% | $91.0m | 595,271 | -25% | reduced |
| 18 | NVST ENVISTA HOLDINGS CORPORATION | Healthcare | 2.8% | $89.1m | 5,163,745 | 10% | added |
| 19 | VICI VICI PPTYS INC | Real Estate | 2.7% | $87.1m | 2,669,160 | -12% | reduced |
| 20 | NEOG NEOGEN CORP | Healthcare | 2.5% | $79.4m | 9,156,922 | – | new |
| 21 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 2.4% | $78.8m | 559,576 | -9% | reduced |
| 22 | OTIS OTIS WORLDWIDE CORP | Industrials | 2.4% | $78.6m | 761,748 | 0% | held |
| 23 | ACUREN CORP | 2.4% | $77.0m | 6,920,033 | – | new | |
| 24 | YETI YETI HLDGS INC | Consumer Cyclical | 2.4% | $76.7m | 2,316,279 | -34% | reduced |
| 25 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 1.8% | $57.0m | 630,278 | -14% | reduced |
| 26 | GTX GARRETT MOTION INC | Consumer Cyclical | 1.8% | $56.9m | 6,795,553 | 53% | added |
| 27 | ENTG ENTEGRIS INC | Technology | 1.4% | $44.6m | 509,854 | 0% | held |
| 28 | CONSENSUS CLOUD SOLUTIONS IN | 1.2% | $39.0m | 1,691,368 | 5% | added | |
| 29 | MERC MERCER INTL INC | Basic Materials | 0.4% | $14.1m | 2,290,368 | 121% | added |
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.