Gates Industrial
GTES
238 hedge funds and large institutions have $3.06B invested in Gates Industrial in 2023 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 111 increasing their positions, 63 reducing their positions, and 21 closing their positions.
886% more call options, than puts
Call options by funds: $1.5M | Put options by funds: $152K
110% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 21
76% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 63
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
10% more funds holding
Funds holding: 216 → 238 (+22)
7.89% more ownership
Funds ownership: 91.81% → 99.7% (+7.9%)
13% less capital invested
Capital invested by funds: $3.53B → $3.06B (-$470M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$45M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$37.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.9M |
| 4 |
Morgan Stanley
New York
|
+$18.9M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$215M |
| 2 |
JP Morgan Chase
New York
|
-$38.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$22.2M |
| 4 |
Millennium Management
New York
|
-$9.56M |
| 5 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$8.09M |
GTES Hedge Fund Activity: Q3 2023 in Review
238 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Gates Industrial (GTES) for Q3 2023, worth a combined $3.06B — down 13% from $3.53B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new GTES positions and 21 closed out — a net gain of 23 holders — while 111 added to existing stakes and 63 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $45M. The largest seller was Blackstone Inc, cutting an estimated $215M.
- 238 institutional investors held Gates Industrial (GTES) as of Q3 2023, up from 216 in Q2 2023.
- Funds reported $3.06B of Gates Industrial stock for Q3 2023, down 13% quarter-over-quarter.
- 44 funds opened new Gates Industrial positions in Q3 2023 and 21 closed out, a net change of +23 holders.
- The largest Gates Industrial buyer in Q3 2023 was AQR Capital Management, an estimated $45M added.
- The largest Gates Industrial seller in Q3 2023 was Blackstone Inc, an estimated $215M sold.
Based on aggregated 13F filings for Q3 2023.