Gates Industrial
GTES
95 hedge funds and large institutions have $2.16B invested in Gates Industrial in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 26 reducing their positions, and 12 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 26
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
1% more funds holding
Funds holding: 94 → 95 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.22% less ownership
Funds ownership: 100.9% → 100.68% (-0.22%)
46% less capital invested
Capital invested by funds: $4.03B → $2.16B (-$1.87B)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $214K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$15.6M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$10.2M |
| 3 |
Blackstone Inc
New York
|
+$5.77M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.37M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
-$15.8M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$11.8M |
| 3 |
JP Morgan Chase
New York
|
-$6.27M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$4.32M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$3.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AB
101
Amalgamated Bank
New York
| – | -$141K | -10,248 | Closed |
|
102
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| – | -$115K | -8,329 | Closed |
|
|
TRCT
103
Tower Research Capital (TRC)
New York
| – | -$50K | -3,631 | Closed |
|
104
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$21K | -1,500 | Closed |
|
|
PRC
105
Pearl River Capital
Niles,
Michigan
| – | +$233 | +21 | New |
|
|
OPS
106
Orion Portfolio Solutions
Omaha,
Nebraska
| – | +$311 | +28 | New |
|
GTES Hedge Fund Activity: Q1 2020 in Review
95 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Gates Industrial (GTES) for Q1 2020, worth a combined $2.16B — down 46% from $4.03B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new GTES positions and 12 closed out — a net gain of 3 holders — while 41 added to existing stakes and 26 trimmed.
The largest buyer was Invesco, adding an estimated $15.6M. The largest seller was First Manhattan, cutting an estimated $15.8M.
- 95 institutional investors held Gates Industrial (GTES) as of Q1 2020, up from 94 in Q4 2019.
- Funds reported $2.16B of Gates Industrial stock for Q1 2020, down 46% quarter-over-quarter.
- 15 funds opened new Gates Industrial positions in Q1 2020 and 12 closed out, a net change of +3 holders.
- The largest Gates Industrial buyer in Q1 2020 was Invesco, an estimated $15.6M added.
- The largest Gates Industrial seller in Q1 2020 was First Manhattan, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2020.