Gates Industrial
GTES
261 hedge funds and large institutions have $3.58B invested in Gates Industrial in 2023 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 123 increasing their positions, 73 reducing their positions, and 22 closing their positions.
1,497% more call options, than puts
Call options by funds: $3.93M | Put options by funds: $246K
118% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 22
68% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 73
17% more capital invested
Capital invested by funds: $3.06B → $3.58B (+$526M)
10% more funds holding
Funds holding: 238 → 261 (+23)
1.38% more ownership
Funds ownership: 99.7% → 101.07% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$50.6M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$37.6M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$31.9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$20.2M |
| 5 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$20M |
Top Sellers
| 1 |
Blackstone Inc
New York
|
-$204M |
| 2 |
PIM
Paradice Investment Management
Denver,
Colorado
|
-$17.3M |
| 3 |
JP Morgan Chase
New York
|
-$16.3M |
| 4 |
D.E. Shaw & Co
New York
|
-$8.5M |
| 5 |
MS
Maven Securities
St Helier,
Jersey
|
-$7.84M |
GTES Hedge Fund Activity: Q4 2023 in Review
261 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Gates Industrial (GTES) for Q4 2023, worth a combined $3.58B — up 17% from $3.06B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new GTES positions and 22 closed out — a net gain of 26 holders — while 123 added to existing stakes and 73 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $50.6M. The largest seller was Blackstone Inc, cutting an estimated $204M.
- 261 institutional investors held Gates Industrial (GTES) as of Q4 2023, up from 238 in Q3 2023.
- Funds reported $3.58B of Gates Industrial stock for Q4 2023, up 17% quarter-over-quarter.
- 48 funds opened new Gates Industrial positions in Q4 2023 and 22 closed out, a net change of +26 holders.
- The largest Gates Industrial buyer in Q4 2023 was Morgan Stanley, an estimated $50.6M added.
- The largest Gates Industrial seller in Q4 2023 was Blackstone Inc, an estimated $204M sold.
Based on aggregated 13F filings for Q4 2023.