Gates Capital Management 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 29 US equity positions worth $3.3bn in its Q2 2025 13F filing. The largest position was DAR at 8.0% of the reported book, followed by CARR and ATKR. Against the Q1 2025 filing, it opened 2 new positions, added to 9 and reduced 12 among the top 29 holdings.
What did Gates Capital Management own in Q2 2025? Top 29 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 8.0% | $263.8m | 6,953,973 | -12% | reduced |
| 2 | CARR CARRIER GLOBAL CORPORATION | Industrials | 6.5% | $214.3m | 2,927,506 | -0% | held |
| 3 | ATKR ATKORE INC | Industrials | 5.6% | $185.4m | 2,628,189 | -20% | reduced |
| 4 | FTV FORTIVE CORP | Technology | 5.3% | $176.2m | 3,380,969 | 32% | added |
| 5 | CHART INDS INC | 5.0% | $166.8m | 1,013,128 | 30% | added | |
| 6 | DVA DAVITA INC | Healthcare | 4.7% | $156.5m | 1,098,980 | 52% | added |
| 7 | SPGI S&P GLOBAL INC | Financial Services | 4.6% | $151.6m | 287,554 | 0% | held |
| 8 | ESI ELEMENT SOLUTIONS INC | Basic Materials | 4.6% | $151.1m | 6,670,826 | 23% | added |
| 9 | RENTOKIL INITIAL PLC | 4.5% | $147.5m | 6,146,928 | -7% | reduced | |
| 10 | MBC MASTERBRAND INC | Consumer Cyclical | 4.0% | $131.4m | 12,024,816 | 24% | added |
| 11 | PNR PENTAIR PLC | Industrials | 3.8% | $124.9m | 1,216,715 | -18% | reduced |
| 12 | NVST ENVISTA HOLDINGS CORPORATION | Healthcare | 3.7% | $123.7m | 6,328,183 | 23% | added |
| 13 | CRH CRH PLC | Basic Materials | 3.7% | $122.4m | 1,333,065 | -22% | reduced |
| 14 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 3.6% | $120.8m | 2,588,022 | 23% | added |
| 15 | VLTO VERALTO CORP | Industrials | 3.5% | $114.5m | 1,134,524 | -13% | reduced |
| 16 | AMRZ AMRIZE LTD | Basic Materials | 3.0% | $97.9m | 1,976,759 | – | new |
| 17 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 2.7% | $90.9m | 559,576 | 0% | held |
| 18 | TKO TKO GROUP HOLDINGS INC | Communication Services | 2.7% | $88.9m | 488,590 | -18% | reduced |
| 19 | APG API GROUP CORP | Industrials | 2.6% | $87.5m | 1,714,040 | -58% | reduced |
| 20 | VICI VICI PPTYS INC | Real Estate | 2.6% | $87.0m | 2,669,160 | 0% | held |
| 21 | ACUREN CORP | 2.6% | $85.8m | 7,771,068 | 12% | added | |
| 22 | LW LAMB WESTON HLDGS INC | Consumer Defensive | 2.3% | $76.2m | 1,470,125 | -27% | reduced |
| 23 | OTIS OTIS WORLDWIDE CORP | Industrials | 2.3% | $75.4m | 761,748 | 0% | held |
| 24 | GTX GARRETT MOTION INC | Consumer Cyclical | 2.1% | $68.1m | 6,479,417 | -5% | reduced |
| 25 | NEOG NEOGEN CORP | Healthcare | 1.8% | $61.2m | 12,793,941 | 40% | added |
| 26 | RAL RALLIANT CORP | Technology | 1.7% | $56.4m | 1,163,656 | – | new |
| 27 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 1.5% | $51.2m | 630,278 | 0% | held |
| 28 | CONSENSUS CLOUD SOLUTIONS IN | 1.0% | $33.6m | 1,455,990 | -14% | reduced | |
| 29 | MERC MERCER INTL INC | Basic Materials | 0.1% | $3.5m | 1,003,824 | -56% | 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.