We are live on
!
Find out more
GCM
Gates Capital Management Portfolio holdings
AUM
$4.16B
1-Year Est. Return
21%
This Fund
S&P 500
This Quarter
Est. Return
-9.36%
1 Year Est. Return
+21%
3 Year Est. Return
+34.83%
5 Year Est. Return
+35.77%
10 Year Est. Return
+189.44%
AUM
$3.28B
AUM Growth
-$333M
(-9.2%)
Cap. Flow
-$276M
Cap. Flow
% of AUM
-8.39%
Top 10 Holdings %
Top 10 Hldgs %
53.13%
Holding
37
New
6
Increased
11
Reduced
9
Closed
8
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortive
FTV
|
+$195M |
| 2 |
Stanley Black & Decker
SWK
|
+$190M |
| 3 |
Entegris
ENTG
|
+$65.9M |
| 4 |
CHX
ChampionX
CHX
|
+$40.9M |
| 5 |
Bath & Body Works
BBWI
|
+$36.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Axalta
AXTA
|
+$119M |
| 2 |
XPO
XPO
|
+$92.2M |
| 3 |
International Flavors & Fragrances
IFF
|
+$91.5M |
| 4 |
IAA
IAA, Inc. Common Stock
IAA
|
+$85.2M |
| 5 |
Vontier
VNT
|
+$82.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 36.92% |
| 2 | Consumer Discretionary | 13.15% |
| 3 | Technology | 9.28% |
| 4 | Miscellaneous | 7.76% |
| 5 | Materials | 7.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Select Water Solutions
WTTR
$2.67B
| $3.33M | 0.1% |
+388,957
| New | +$3.03M |
|
|
IO
27
DELISTED
ION Geophysical Corporation
IO
| $2.33M | 0.07% |
2,672,096
| – | – |
|
|
28
Axalta
AXTA
$7.12B
| – | – |
-3,585,275
| Closed | -$119M |
|
|
29
International Flavors & Fragrances
IFF
$21.5B
| – | – |
-607,328
| Closed | -$91.5M |
|
30
Envista
NVST
$3.97B
| – | – |
-144,096
| Closed | -$6.49M |
|
|
31
Vontier
VNT
$4.34B
| – | – |
-2,696,438
| Closed | -$82.9M |
|
|
32
XPO
XPO
$20.9B
| – | – |
-2,004,532
| Closed | -$92.2M |
|
|
BERY
33
DELISTED
Berry Global Group, Inc.
BERY
| – | – |
-986,597
| Closed | -$66.8M |
|
|
IAA
34
DELISTED
IAA, Inc. Common Stock
IAA
| – | – |
-1,683,407
| Closed | -$85.2M |
|
|
NES
35
DELISTED
Nuverra Environmental Solutions, Inc. Common Stock
NES
| – | – |
-6,626,660
| Closed | -$20.1M |
|
Similar funds
TCM
CC
CIC
LWCA
CWG
MSI
CAM
JFG
Gates Capital Management's Q1 2022 Portfolio in Review
As of Q1 2022, Gates Capital Management held 37 positions worth $3.28B, down 9.2% from $3.62B the previous quarter. Its ten largest holdings account for 53% of the portfolio.
Gates Capital Management withdrew a net $276M in Q1 2022, closing 8 positions and reducing 9 holdings. Its most notable exit was Axalta, an estimated $119M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 37% of assets, up from 36% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, Gates Capital Management opened a new position in Fortive worth $181M.
- Gates Capital Management's largest Q1 2022 buy was Fortive: 3,936,417 shares worth $181M.
- Gates Capital Management added most to ChampionX in Q1 2022, an estimated $40.9M increase.
- Gates Capital Management's biggest Q1 2022 reduction was Terminix Global Holdings, Inc., cutting an estimated $63.7M.
- Gates Capital Management fully exited Axalta in Q1 2022, selling an estimated $119M.
- Gates Capital Management's ten largest holdings make up 53% of its $3.28B portfolio in Q1 2022.
- Gates Capital Management opened 6 new positions and closed 8 in Q1 2022.
- Gates Capital Management's portfolio value fell 9.2% quarter-over-quarter to $3.28B.
Based on Gates Capital Management's 13F filing for Q1 2022, filed 16 May 2022.