Gates Capital Management 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 29 US equity positions worth $3.2bn in its Q3 2025 13F filing. The largest position was FTV at 6.0% of the reported book, followed by ATKR and CARR. Against the Q2 2025 filing, it opened 1 new position, added to 10 and reduced 15 among the top 29 holdings.
What did Gates Capital Management own in Q3 2025? Top 29 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | FTV FORTIVE CORP | Technology | 6.0% | $194.6m | 3,972,133 | 17% | added |
| 2 | ATKR ATKORE INC | Industrials | 5.7% | $184.7m | 2,944,048 | 12% | added |
| 3 | CARR CARRIER GLOBAL CORPORATION | Industrials | 5.4% | $174.8m | 2,927,506 | 0% | held |
| 4 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 5.3% | $172.1m | 5,575,909 | -20% | reduced |
| 5 | DVA DAVITA INC | Healthcare | 4.9% | $158.2m | 1,190,383 | 8% | added |
| 6 | AMRZ AMRIZE LTD | Basic Materials | 4.8% | $153.8m | 3,169,304 | 60% | added |
| 7 | RENTOKIL INITIAL PLC | 4.7% | $151.2m | 5,987,619 | -3% | reduced | |
| 8 | SPGI S&P GLOBAL INC | Financial Services | 4.3% | $140.0m | 287,554 | 0% | held |
| 9 | MBC MASTERBRAND INC | Consumer Cyclical | 4.2% | $136.7m | 10,376,340 | -14% | reduced |
| 10 | RAL RALLIANT CORP | Technology | 4.0% | $130.6m | 2,985,730 | 157% | added |
| 11 | CRH CRH PLC | Basic Materials | 4.0% | $127.9m | 1,066,695 | -20% | reduced |
| 12 | NVST ENVISTA HOLDINGS CORPORATION | Healthcare | 3.9% | $126.8m | 6,222,973 | -2% | reduced |
| 13 | PNR PENTAIR PLC | Industrials | 3.7% | $119.7m | 1,080,956 | -11% | reduced |
| 14 | VLTO VERALTO CORP | Industrials | 3.4% | $110.5m | 1,036,048 | -9% | reduced |
| 15 | ACUREN CORP | 3.4% | $109.7m | 8,242,035 | 6% | added | |
| 16 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 3.4% | $109.4m | 2,347,616 | -9% | reduced |
| 17 | TKO TKO GROUP HOLDINGS INC | Communication Services | 3.3% | $108.0m | 534,946 | 9% | added |
| 18 | ESI ELEMENT SOLUTIONS INC | Basic Materials | 3.3% | $106.3m | 4,222,324 | -37% | reduced |
| 19 | OTIS OTIS WORLDWIDE CORP | Industrials | 3.2% | $101.8m | 1,113,835 | 46% | added |
| 20 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 2.9% | $94.0m | 479,720 | -14% | reduced |
| 21 | VICI VICI PPTYS INC | Real Estate | 2.7% | $87.0m | 2,669,160 | 0% | held |
| 22 | GTX GARRETT MOTION INC | Consumer Cyclical | 2.7% | $86.1m | 6,322,622 | -2% | reduced |
| 23 | APG API GROUP CORP | Industrials | 2.3% | $73.0m | 2,123,976 | 24% | added |
| 24 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 2.0% | $64.5m | 806,778 | 28% | added |
| 25 | LW LAMB WESTON HLDGS INC | Consumer Defensive | 2.0% | $63.7m | 1,096,923 | -25% | reduced |
| 26 | NEOG NEOGEN CORP | Healthcare | 1.9% | $62.2m | 10,900,452 | -15% | reduced |
| 27 | CONSENSUS CLOUD SOLUTIONS IN | 1.2% | $40.3m | 1,371,014 | -6% | reduced | |
| 28 | XBP GLOBAL HOLDINGS INC | 0.8% | $25.8m | 31,931,506 | – | new | |
| 29 | CHART INDS INC | 0.6% | $18.4m | 92,000 | -91% | 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.