Gates Industrial
GTES
106 hedge funds and large institutions have $3.32B invested in Gates Industrial in 2019 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 47 increasing their positions, 21 reducing their positions, and 17 closing their positions.
124% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 21
99% more call options, than puts
Call options by funds: $1.86M | Put options by funds: $935K
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
5% more funds holding
Funds holding: 101 → 106 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.35% less ownership
Funds ownership: 100.57% → 100.22% (-0.35%)
21% less capital invested
Capital invested by funds: $4.18B → $3.32B (-$865M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
+$26.3M |
| 2 |
JP Morgan Chase
New York
|
+$15.1M |
| 3 |
SI
Sapience Investments
Newport Beach,
California
|
+$9.01M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$8.64M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$7.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$58.5M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$30.1M |
| 3 |
Lazard Asset Management
New York
|
-$13M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$10.9M |
| 5 |
Neuberger Berman Group
New York
|
-$6.81M |
GTES Hedge Fund Activity: Q2 2019 in Review
106 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Gates Industrial (GTES) for Q2 2019, worth a combined $3.32B — down 21% from $4.18B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new GTES positions and 17 closed out — a net gain of 8 holders — while 47 added to existing stakes and 21 trimmed.
The largest buyer was First Manhattan, adding an estimated $26.3M. The largest seller was AllianceBernstein, cutting an estimated $58.5M.
- 106 institutional investors held Gates Industrial (GTES) as of Q2 2019, up from 101 in Q1 2019.
- Funds reported $3.32B of Gates Industrial stock for Q2 2019, down 21% quarter-over-quarter.
- 25 funds opened new Gates Industrial positions in Q2 2019 and 17 closed out, a net change of +8 holders.
- The largest Gates Industrial buyer in Q2 2019 was First Manhattan, an estimated $26.3M added.
- The largest Gates Industrial seller in Q2 2019 was AllianceBernstein, an estimated $58.5M sold.
Based on aggregated 13F filings for Q2 2019.