Gates Industrial Corp
GTES
102 hedge funds and large institutions have $2.96B invested in Gates Industrial Corp in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 48 increasing their positions, 21 reducing their positions, and 27 closing their positions.
230% more call options, than puts
Call options by funds: $492K | Put options by funds: $149K
129% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 21
0.95% more ownership
Funds ownership: 100.22% → 101.17% (+0.95%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 106 → 102 (-4)
11% less capital invested
Capital invested by funds: $3.32B → $2.96B (-$361M)
15% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$40.8M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$14M |
| 3 |
Blackstone Inc
New York
|
+$12.5M |
| 4 |
Janus Henderson Group
London,
|
+$12.1M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$9.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$68.2M |
| 2 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$13.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.22M |
| 4 |
Barclays
London,
United Kingdom
|
-$3.97M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$3.7M |
GTES Hedge Fund Activity: Q3 2019 in Review
102 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Gates Industrial Corp (GTES) for Q3 2019, worth a combined $2.96B — down 11% from $3.32B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of GTES and 23 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 48 added.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $40.8M. The largest seller was Champlain Investment Partners, exiting entirely with an estimated $68.2M sold.
- 102 institutional investors held Gates Industrial Corp (GTES) as of Q3 2019, down from 106 in Q2 2019.
- Funds reported $2.96B of Gates Industrial Corp stock for Q3 2019, down 11% quarter-over-quarter.
- 23 funds opened new Gates Industrial Corp positions in Q3 2019 and 27 closed out, a net change of -4 holders.
- The largest Gates Industrial Corp buyer in Q3 2019 was Adage Capital Partners, an estimated $40.8M added.
- The largest Gates Industrial Corp seller in Q3 2019 was Champlain Investment Partners, an estimated $68.2M sold.
Based on aggregated 13F filings for Q3 2019.