Gates Industrial Corp
GTES
92 hedge funds and large institutions have $4.74B invested in Gates Industrial Corp in 2018 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 33 increasing their positions, 25 reducing their positions, and 18 closing their positions.
50% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 18
32% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 25
11% more funds holding
Funds holding: 83 → 92 (+9)
0.47% more ownership
Funds ownership: 100.06% → 100.54% (+0.47%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $5.08B → $4.74B (-$337M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$26.5M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$11.4M |
| 3 |
Janus Henderson Group
London,
|
+$10.8M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$9.32M |
| 5 |
Lazard Asset Management
New York
|
+$6.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$25.6M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$16M |
| 3 |
Neuberger Berman Group
New York
|
-$15.6M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$9.52M |
| 5 |
LCM
Laurion Capital Management
New York
|
-$5.11M |
GTES Hedge Fund Activity: Q2 2018 in Review
92 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Gates Industrial Corp (GTES) for Q2 2018, worth a combined $4.74B — down 6.6% from $5.08B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new GTES positions and 18 closed out — a net gain of 9 holders — while 33 added to existing stakes and 25 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $26.5M. The largest seller was Millennium Management, cutting an estimated $25.6M.
- 92 institutional investors held Gates Industrial Corp (GTES) as of Q2 2018, up from 83 in Q1 2018.
- Funds reported $4.74B of Gates Industrial Corp stock for Q2 2018, down 6.6% quarter-over-quarter.
- 27 funds opened new Gates Industrial Corp positions in Q2 2018 and 18 closed out, a net change of +9 holders.
- The largest Gates Industrial Corp buyer in Q2 2018 was JP Morgan Chase, an estimated $26.5M added.
- The largest Gates Industrial Corp seller in Q2 2018 was Millennium Management, an estimated $25.6M sold.
Based on aggregated 13F filings for Q2 2018.