Gates Industrial Corp
GTES
106 hedge funds and large institutions have $6.14B invested in Gates Industrial Corp in 2018 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 46 increasing their positions, 28 reducing their positions, and 10 closing their positions.
228% more call options, than puts
Call options by funds: $742K | Put options by funds: $226K
140% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 10
64% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 28
30% more capital invested
Capital invested by funds: $4.74B → $6.14B (+$1.4B)
15% more funds holding
Funds holding: 92 → 106 (+14)
8.19% more ownership
Funds ownership: 100.54% → 108.72% (+8.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$400M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$15.8M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$14.9M |
| 4 |
JP Morgan Chase
New York
|
+$12M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$8.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$30.4M |
| 2 |
BlackRock
New York
|
-$14.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$8.1M |
| 4 |
Lazard Asset Management
New York
|
-$6.57M |
| 5 |
Millennium Management
New York
|
-$5.73M |
GTES Hedge Fund Activity: Q3 2018 in Review
106 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Gates Industrial Corp (GTES) for Q3 2018, worth a combined $6.14B — up 30% from $4.74B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new GTES positions and 10 closed out — a net gain of 14 holders — while 46 added to existing stakes and 28 trimmed.
The largest buyer was Blackstone Inc, adding an estimated $400M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $30.4M sold.
- 106 institutional investors held Gates Industrial Corp (GTES) as of Q3 2018, up from 92 in Q2 2018.
- Funds reported $6.14B of Gates Industrial Corp stock for Q3 2018, up 30% quarter-over-quarter.
- 24 funds opened new Gates Industrial Corp positions in Q3 2018 and 10 closed out, a net change of +14 holders.
- The largest Gates Industrial Corp buyer in Q3 2018 was Blackstone Inc, an estimated $400M added.
- The largest Gates Industrial Corp seller in Q3 2018 was TimesSquare Capital Management, an estimated $30.4M sold.
Based on aggregated 13F filings for Q3 2018.