Gates Capital Management 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Gates Capital Management disclosed 28 US equity positions worth $2.9bn in its Q4 2025 13F filing. The largest position was ATKR at 6.0% of the reported book, followed by DAR and CARR. Against the Q3 2025 filing, it opened 2 new positions, added to 5 and reduced 20 among the top 28 holdings.
What did Gates Capital Management own in Q4 2025? Top 28 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | ATKR ATKORE INC | Industrials | 6.0% | $172.9m | 2,733,147 | -7% | reduced |
| 2 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 5.9% | $170.8m | 4,744,048 | -15% | reduced |
| 3 | CARR CARRIER GLOBAL CORPORATION | Industrials | 5.9% | $170.2m | 3,220,480 | 10% | added |
| 4 | SPGI S&P GLOBAL INC | Financial Services | 5.2% | $150.3m | 287,554 | 0% | held |
| 5 | TIC SOLUTIONS INC | 5.2% | $150.0m | 14,836,121 | 80% | added | |
| 6 | FTV FORTIVE CORP | Technology | 4.7% | $134.8m | 2,441,779 | -39% | reduced |
| 7 | DVA DAVITA INC | Healthcare | 4.6% | $133.5m | 1,175,485 | -1% | reduced |
| 8 | RENTOKIL INITIAL PLC | 4.6% | $133.1m | 4,516,572 | -25% | reduced | |
| 9 | AMRZ AMRIZE LTD | Basic Materials | 4.6% | $132.2m | 2,444,508 | -23% | reduced |
| 10 | NVST ENVISTA HOLDINGS CORPORATION | Healthcare | 4.4% | $126.1m | 5,808,119 | -7% | reduced |
| 11 | RAL RALLIANT CORP | Technology | 4.0% | $114.8m | 2,255,516 | -24% | reduced |
| 12 | ESI ELEMENT SOLUTIONS INC | Basic Materials | 4.0% | $114.0m | 4,562,986 | 8% | added |
| 13 | MBC MASTERBRAND INC | Consumer Cyclical | 3.5% | $101.9m | 9,225,631 | -11% | reduced |
| 14 | CRH CRH PLC | Basic Materials | 3.4% | $97.2m | 778,679 | -27% | reduced |
| 15 | VICI VICI PPTYS INC | Real Estate | 3.3% | $95.9m | 3,409,160 | 28% | added |
| 16 | GTX GARRETT MOTION INC | Consumer Cyclical | 3.3% | $95.5m | 5,477,859 | -13% | reduced |
| 17 | TKO TKO GROUP HOLDINGS INC | Communication Services | 3.3% | $94.0m | 449,869 | -16% | reduced |
| 18 | PNR PENTAIR PLC | Industrials | 3.3% | $94.0m | 902,606 | -16% | reduced |
| 19 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 3.2% | $93.4m | 2,088,962 | -11% | reduced |
| 20 | AWI ARMSTRONG WORLD INDS INC NEW | Industrials | 2.8% | $81.7m | 427,768 | -11% | reduced |
| 21 | VLTO VERALTO CORP | Industrials | 2.8% | $79.1m | 792,785 | -23% | reduced |
| 22 | APG API GROUP CORP | Industrials | 2.4% | $70.2m | 1,833,567 | -14% | reduced |
| 23 | OTIS OTIS WORLDWIDE CORP | Industrials | 2.3% | $66.2m | 757,971 | -32% | reduced |
| 24 | NEOG NEOGEN CORP | Healthcare | 2.0% | $58.6m | 8,385,534 | -23% | reduced |
| 25 | WH WYNDHAM HOTELS & RESORTS INC | Consumer Cyclical | 2.0% | $56.4m | 746,848 | -7% | reduced |
| 26 | CONSENSUS CLOUD SOLUTIONS IN | 1.4% | $39.2m | 1,794,967 | 31% | added | |
| 27 | Q QNITY ELECTRONICS INC | Technology | 0.9% | $24.9m | 305,463 | – | new |
| 28 | XBP GLOBAL HOLDINGS INC | 0.8% | $21.7m | 3,193,149 | – | new |
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.