Gates Industrial
GTES
216 hedge funds and large institutions have $3.53B invested in Gates Industrial in 2023 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 100 increasing their positions, 52 reducing their positions, and 20 closing their positions.
1,968% more call options, than puts
Call options by funds: $517K | Put options by funds: $25K
110% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 20
92% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 52
11% more funds holding
Funds holding: 195 → 216 (+21)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8.97% less ownership
Funds ownership: 100.78% → 91.81% (-9%)
11% less capital invested
Capital invested by funds: $3.96B → $3.53B (-$428M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$40.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.5M |
| 3 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
+$18.2M |
| 4 |
Two Sigma Advisers
New York
|
+$17.9M |
| 5 |
Millennium Management
New York
|
+$17.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$620M |
| 2 |
CCIA
Campbell & Co Investment Adviser
Baltimore,
Maryland
|
-$1.55M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.46M |
| 4 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$1.44M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$1.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$173K | -12,449 | Closed |
|
|
CC
227
Centiva Capital
New York
| – | -$147K | -10,580 | Closed |
|
228
Principal Financial Group
Des Moines,
Iowa
| – | -$146K | -10,530 | Closed |
|
|
EI
229
Ellevest Inc
New York
| – | -$19.8K | -1,429 | Closed |
|
|
BAM
230
Belpointe Asset Management
Reno,
Nevada
| – | -$8.65K | -623 | Closed |
|
231
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6.9K | -497 | Closed |
|
|
SFG
232
Steward Financial Group
Colleyville,
Texas
| – | -$3K | -278 | Closed |
|
|
SC
233
Schubert & Co
Mckinney,
Texas
| – | -$2.07K | -149 | Closed |
|
|
MIA
234
Milestone Investment Advisors
Middleton,
Wisconsin
| – | -$1.32K | -95 | Closed |
|
|
TWA
235
TCI Wealth Advisors
Tucson,
Arizona
| – | -$209 | -15 | Closed |
|
GTES Hedge Fund Activity: Q2 2023 in Review
216 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Gates Industrial (GTES) for Q2 2023, worth a combined $3.53B — down 11% from $3.96B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new GTES positions and 20 closed out — a net gain of 22 holders — while 100 added to existing stakes and 52 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $40.1M. The largest seller was Blackstone Inc, cutting an estimated $620M.
- 216 institutional investors held Gates Industrial (GTES) as of Q2 2023, up from 195 in Q1 2023.
- Funds reported $3.53B of Gates Industrial stock for Q2 2023, down 11% quarter-over-quarter.
- 42 funds opened new Gates Industrial positions in Q2 2023 and 20 closed out, a net change of +22 holders.
- The largest Gates Industrial buyer in Q2 2023 was Citadel Advisors, an estimated $40.1M added.
- The largest Gates Industrial seller in Q2 2023 was Blackstone Inc, an estimated $620M sold.
Based on aggregated 13F filings for Q2 2023.