Gates Industrial Corp
GTES
157 hedge funds and large institutions have $4.93B invested in Gates Industrial Corp in 2021 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 66 increasing their positions, 18 reducing their positions, and 10 closing their positions.
510% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 10
267% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 18
47% more funds holding
Funds holding: 107 → 157 (+50)
33% more capital invested
Capital invested by funds: $3.7B → $4.93B (+$1.24B)
6.48% more ownership
Funds ownership: 99.59% → 106.06% (+6.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
77% less call options, than puts
Call options by funds: $569K | Put options by funds: $2.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$80.5M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$53.1M |
| 3 |
Lazard Asset Management
New York
|
+$46.9M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$27.9M |
| 5 |
BlackRock
New York
|
+$26.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$111M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$20.5M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$12.5M |
| 4 |
First Manhattan
New York
|
-$8.35M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$5.83M |
GTES Hedge Fund Activity: Q1 2021 in Review
157 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Gates Industrial Corp (GTES) for Q1 2021, worth a combined $4.93B — up 33% from $3.7B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new GTES positions and 10 closed out — a net gain of 51 holders — while 66 added to existing stakes and 18 trimmed.
The largest buyer was Wells Fargo, adding an estimated $80.5M. The largest seller was Blackstone Inc, cutting an estimated $111M.
- 157 institutional investors held Gates Industrial Corp (GTES) as of Q1 2021, up from 107 in Q4 2020.
- Funds reported $4.93B of Gates Industrial Corp stock for Q1 2021, up 33% quarter-over-quarter.
- 61 funds opened new Gates Industrial Corp positions in Q1 2021 and 10 closed out, a net change of +51 holders.
- The largest Gates Industrial Corp buyer in Q1 2021 was Wells Fargo, an estimated $80.5M added.
- The largest Gates Industrial Corp seller in Q1 2021 was Blackstone Inc, an estimated $111M sold.
Based on aggregated 13F filings for Q1 2021.