Gates Industrial Corp
GTES
101 hedge funds and large institutions have $4.18B invested in Gates Industrial Corp in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 45 increasing their positions, 26 reducing their positions, and 12 closing their positions.
73% more call options, than puts
Call options by funds: $3.84M | Put options by funds: $2.22M
73% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 26
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
8% more capital invested
Capital invested by funds: $3.87B → $4.18B (+$307M)
5% more funds holding
Funds holding: 96 → 101 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.34% less ownership
Funds ownership: 100.91% → 100.57% (-0.34%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$5.29M |
| 2 |
Handelsbanken Fonder
Stockholm,
Sweden
|
+$4.98M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$2.73M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.65M |
| 5 |
Neuberger Berman Group
New York
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$18.1M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$14.1M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$14.1M |
| 4 |
Lazard Asset Management
New York
|
-$2.5M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$1.98M |
GTES Hedge Fund Activity: Q1 2019 in Review
101 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Gates Industrial Corp (GTES) for Q1 2019, worth a combined $4.18B — up 7.9% from $3.87B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new GTES positions and 12 closed out — a net gain of 5 holders — while 45 added to existing stakes and 26 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $5.29M. The largest seller was Norges Bank, cutting an estimated $18.1M.
- 101 institutional investors held Gates Industrial Corp (GTES) as of Q1 2019, up from 96 in Q4 2018.
- Funds reported $4.18B of Gates Industrial Corp stock for Q1 2019, up 7.9% quarter-over-quarter.
- 17 funds opened new Gates Industrial Corp positions in Q1 2019 and 12 closed out, a net change of +5 holders.
- The largest Gates Industrial Corp buyer in Q1 2019 was JP Morgan Chase, an estimated $5.29M added.
- The largest Gates Industrial Corp seller in Q1 2019 was Norges Bank, an estimated $18.1M sold.
Based on aggregated 13F filings for Q1 2019.