Gates Industrial
GTES
303 hedge funds and large institutions have $4.25B invested in Gates Industrial in 2024 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 134 increasing their positions, 81 reducing their positions, and 45 closing their positions.
2,426% more call options, than puts
Call options by funds: $64.7M | Put options by funds: $2.56M
65% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 81
38% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 45
6% more funds holding
Funds holding: 287 → 303 (+16)
1.24% more ownership
Funds ownership: 101.72% → 102.96% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
11% less capital invested
Capital invested by funds: $4.76B → $4.25B (-$505M)
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$102M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$39.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$33.6M |
| 4 |
Jennison Associates
New York
|
+$31.7M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$30.8M |
Top Sellers
| 1 |
Blackstone Inc
New York
|
-$341M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$69.7M |
| 3 |
Morgan Stanley
New York
|
-$33.7M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$27.9M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$17.2M |
GTES Hedge Fund Activity: Q2 2024 in Review
303 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Gates Industrial (GTES) for Q2 2024, worth a combined $4.25B — down 11% from $4.76B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new GTES positions and 45 closed out — a net gain of 17 holders — while 134 added to existing stakes and 81 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $102M. The largest seller was Blackstone Inc, cutting an estimated $341M.
- 303 institutional investors held Gates Industrial (GTES) as of Q2 2024, up from 287 in Q1 2024.
- Funds reported $4.25B of Gates Industrial stock for Q2 2024, down 11% quarter-over-quarter.
- 62 funds opened new Gates Industrial positions in Q2 2024 and 45 closed out, a net change of +17 holders.
- The largest Gates Industrial buyer in Q2 2024 was Fidelity Investments, an estimated $102M added.
- The largest Gates Industrial seller in Q2 2024 was Blackstone Inc, an estimated $341M sold.
Based on aggregated 13F filings for Q2 2024.