Gates Industrial
GTES
287 hedge funds and large institutions have $4.76B invested in Gates Industrial in 2024 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 126 increasing their positions, 70 reducing their positions, and 36 closing their positions.
3,939% more call options, than puts
Call options by funds: $34.3M | Put options by funds: $849K
80% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 70
72% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 36
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
33% more capital invested
Capital invested by funds: $3.58B → $4.76B (+$1.18B)
10% more funds holding
Funds holding: 261 → 287 (+26)
0.64% more ownership
Funds ownership: 101.07% → 101.72% (+0.64%)
Top Buyers
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$73.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$44.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.8M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$35.5M |
| 5 |
BlackRock
New York
|
+$26.5M |
Top Sellers
| 1 |
Blackstone Inc
New York
|
-$351M |
| 2 |
Morgan Stanley
New York
|
-$49.4M |
| 3 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$34.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$16M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$14.6M |
GTES Hedge Fund Activity: Q1 2024 in Review
287 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Gates Industrial (GTES) for Q1 2024, worth a combined $4.76B — up 33% from $3.58B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new GTES positions and 36 closed out — a net gain of 26 holders — while 126 added to existing stakes and 70 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $73.5M. The largest seller was Blackstone Inc, cutting an estimated $351M.
- 287 institutional investors held Gates Industrial (GTES) as of Q1 2024, up from 261 in Q4 2023.
- Funds reported $4.76B of Gates Industrial stock for Q1 2024, up 33% quarter-over-quarter.
- 62 funds opened new Gates Industrial positions in Q1 2024 and 36 closed out, a net change of +26 holders.
- The largest Gates Industrial buyer in Q1 2024 was AllianceBernstein, an estimated $73.5M added.
- The largest Gates Industrial seller in Q1 2024 was Blackstone Inc, an estimated $351M sold.
Based on aggregated 13F filings for Q1 2024.