Gates Capital Management, Inc.
CIK 1312908 · View on SEC EDGAR ↗
- Portfolio value
- $4.2B
- Positions
- 35
- As of
- June 30, 2026
#914 of 9,443 by 13F value · top 9.7%
Portfolio value QoQ: +13.7% 13F does not disclose cash
- Top 10 holdings weight
- 48.69%
- Top 25 holdings weight
- 86.97%
- Positions above 1%
- 33
- Effective number of positions
- 25.5
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 17.45% Est. buys $746,825,382 · sells $682,248,445
Median holding: 5.0 quarters Tracked Q4 2024–Q2 2026 · 63.6% still held
- New positions
- 3
- Increased
- 13
- Decreased
- 18
- Closed
- 2
Put-notional exposure: 26.8% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
- Related The person behind this filer, where we can match one.
Performance vs S&P 500
Annualized: +15.3% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 99.5% · Options excluded: 35.3%
Sector breakdown
Industrials
38.5%
Health Care
12.0%
Communication Services
5.2%
Real Estate
4.5%
Consumer Staples
3.8%
Financial Services
3.7%
Consumer Discretionary
2.2%
Materials
1.8%
Technology
1.5%
Other/Unmapped
26.8%
Full portfolio 35 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| XLI XLI | $370,460,000 | 8.90% | 2,000,000 | Put option | $-19,551,895 | Down ×3 | |
| HYG | $299,887,500 | 7.21% | 3,750,000 | Put option | $130,822,500 | Up ×1 | |
| XLB XLB | $228,735,000 | 5.50% | 4,500,000 | Put option | $26,356,500 | Up ×1 | |
| TLT iShares 20+ Year Treasury Bond ETF | $216,050,000 | 5.19% | 2,500,000 | Put option | Up ×1 | ||
| DAR Darling Ingredients Inc. Common Stock | $158,539,029 | 3.81% | 2,902,582 | $12,503,819 | Up ×1 | ||
| TIC TIC Solutions, Inc. Common Stock | $157,768,114 | 3.79% | 19,501,621 | $13,995,114 | Down ×1 | ||
| DVA DaVita Inc. Common Stock | $153,096,497 | 3.68% | 688,136 | $41,977,397 | Down ×3 | ||
| RTO Rentokil Initial plc American Depositary Shares (each representing five (5) Ordinary Shares) | $148,011,174 | 3.56% | 5,173,407 | $11,011,599 | Up ×1 | ||
| SPGI S&P Global Inc. Common Stock | $147,096,610 | 3.54% | 361,186 | $7,604,230 | Up ×2 | ||
| NVST Envista Holdings Corporation Common Stock | $146,305,292 | 3.52% | 5,552,383 | $10,253,314 | Up ×1 | ||
| CARR Carrier Global Corporation Common Stock | $146,062,442 | 3.51% | 1,991,308 | $5,580,761 | Down ×2 | ||
| MBC MasterBrand, Inc. Common Stock | $135,691,699 | 3.26% | 13,186,754 | $49,709,259 | Up ×2 | ||
| SIRI SiriusXM Holdings Inc. - Common Stock | $134,109,444 | 3.22% | 4,539,927 | $70,815,798 | Up ×1 | ||
| ATKR Atkore Inc. Common Stock | $130,043,000 | 3.13% | 1,710,192 | $-28,172,647 | Down ×3 | ||
| PNR Pentair plc. Ordinary Share | $128,444,980 | 3.09% | 1,675,515 | $49,818,971 | Up ×1 | ||
| COO The Cooper Companies, Inc. - Common Stock | $121,088,717 | 2.91% | 1,688,589 | Up ×1 | |||
| FTV Fortive Corporation Common Stock | $111,271,159 | 2.67% | 1,821,430 | $-4,234,853 | Down ×3 | ||
| VICI VICI Properties Inc. Common Stock | $94,170,062 | 2.26% | 3,546,895 | $5,812,811 | Up ×1 | ||
| GLPI Gaming and Leisure Properties, Inc. - Common Stock | $91,500,378 | 2.20% | 2,054,803 | $181,150 | Down ×4 | ||
| GTX Garrett Motion Inc. - Common Stock | $89,845,002 | 2.16% | 2,479,851 | $-18,005,540 | Down ×1 | ||
| AMRZ Amrize Ltd Ordinary Shares | $84,253,868 | 2.02% | 1,580,748 | $-50,896,231 | Down ×3 | ||
| TKO TKO Group Holdings, Inc. Class A Common Stock | $82,855,975 | 1.99% | 411,584 | $-3,423,809 | Down ×3 | ||
| AWI Armstrong World Industries Inc Common Stock | $82,340,859 | 1.98% | 513,283 | $226,293 | Up ×2 | ||
| RAL Ralliant Corporation Common Stock | $81,804,034 | 1.97% | 1,111,015 | $23,987,446 | Down ×3 | ||
| CRH CRH PLC Ordinary Shares | $79,133,134 | 1.90% | 739,562 | $-35,372,085 | Down ×1 | ||
| VLTO Veralto Corp Common Stock | $78,904,804 | 1.90% | 889,770 | $-16,582,076 | Down ×1 | ||
| NEOG Neogen Corporation - Common Stock | $78,593,043 | 1.89% | 8,742,274 | $20,450,194 | Up ×1 | ||
| ESI Element Solutions Inc. Common Stock | $76,949,077 | 1.85% | 1,611,499 | $-27,487,436 | Down ×2 | ||
| AOS A.O. Smith Corporation Common Stock | $64,621,733 | 1.55% | 1,030,321 | $-7,093,292 | Down ×1 | ||
| CCSI Consensus Cloud Solutions, Inc. - Common Stock | $62,729,053 | 1.51% | 1,644,274 | $19,085,936 | Down ×1 | ||
| OTIS Otis Worldwide Corporation Common Stock | $62,096,747 | 1.49% | 867,273 | $5,245,776 | Up ×1 | ||
| APG APi Group Corporation Common Stock | $60,346,463 | 1.45% | 1,424,946 | $-4,483,349 | Down ×3 | ||
| KBR KBR, Inc. Common Stock | $49,126,832 | 1.18% | 1,422,729 | $-27,968,254 | Down ×1 | ||
| XBP XBP Global Holdings, Inc. - Common Stock | $7,408,107 | 0.18% | 3,193,149 | $-6,641,750 | |||
| Unknown issuer (CUSIP: 60744M106) | $1,352,944 | 0.03% | 61,358 | Up ×1 | |||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| HYG | Bought more | +1.6M | +$130.8M |
| SIRI | Bought more | +1.8M | +$70.8M |
| AMRZ | Trimmed | -832K | -$50.9M |
| PNR | Bought more | +773K | +$49.8M |
| MBC | Bought more | +2.8M | +$49.7M |
| DVA | Trimmed | -35K | +$42.0M |
| CRH | Trimmed | -350K | -$35.4M |
| ATKR | Trimmed | -976K | -$28.2M |
| KBR | Trimmed | -669K | -$28.0M |
| ESI | Trimmed | -1.4M | -$27.5M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| KVUE | March 31, 2025 | 5,460,529 | $116,582,294 | -21.0% |
| GEAR | March 31, 2025 | 4,979,899 | $95,763,458 | No longer tracked |
| GEHC | March 31, 2025 | 1,139,156 | $89,059,216 | -8.2% |
| YETI | June 30, 2025 | 2,316,279 | $76,668,835 | 39.4% |
| LW | Dec. 31, 2025 | 1,096,923 | $63,709,288 | 27.4% |
| WH | March 31, 2026 | 746,848 | $56,431,835 | -6.8% |
| VSNT | June 30, 2026 | 1,507,561 | $55,809,908 | 7.9% |
| ENTG | June 30, 2025 | 509,854 | $44,602,028 | 79.6% |
| Q | June 30, 2026 | 325,463 | $37,551,921 | -19.2% |
| GTLS | Dec. 31, 2025 | 92,000 | $18,413,800 | No longer tracked |
| MERC | Sept. 30, 2025 | 1,003,824 | $3,513,384 | -85.2% |