Gates Industrial Corp
GTES
165 hedge funds and large institutions have $5.27B invested in Gates Industrial Corp in 2021 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 70 increasing their positions, 41 reducing their positions, and 28 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
71% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 41
29% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 28
7% more capital invested
Capital invested by funds: $4.93B → $5.27B (+$338M)
5% more funds holding
Funds holding: 157 → 165 (+8)
6.03% less ownership
Funds ownership: 106.06% → 100.03% (-6%)
31% less call options, than puts
Call options by funds: $362K | Put options by funds: $524K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$27M |
| 2 |
Jennison Associates
New York
|
+$26.9M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$13.4M |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$9.14M |
| 5 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$8.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$317M |
| 2 |
Neuberger Berman Group
New York
|
-$23.4M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$18.1M |
| 4 |
BlackRock
New York
|
-$13.9M |
| 5 |
JGC
J. Goldman & Co
New York
|
-$7.13M |
GTES Hedge Fund Activity: Q2 2021 in Review
165 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Gates Industrial Corp (GTES) for Q2 2021, worth a combined $5.27B — up 6.9% from $4.93B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new GTES positions and 28 closed out — a net gain of 8 holders — while 70 added to existing stakes and 41 trimmed.
The largest buyer was American Century Companies, adding an estimated $27M. The largest seller was Blackstone Inc, cutting an estimated $317M.
- 165 institutional investors held Gates Industrial Corp (GTES) as of Q2 2021, up from 157 in Q1 2021.
- Funds reported $5.27B of Gates Industrial Corp stock for Q2 2021, up 6.9% quarter-over-quarter.
- 36 funds opened new Gates Industrial Corp positions in Q2 2021 and 28 closed out, a net change of +8 holders.
- The largest Gates Industrial Corp buyer in Q2 2021 was American Century Companies, an estimated $27M added.
- The largest Gates Industrial Corp seller in Q2 2021 was Blackstone Inc, an estimated $317M sold.
Based on aggregated 13F filings for Q2 2021.