Gates Industrial Corp
GTES
286 hedge funds and large institutions have $4.76B invested in Gates Industrial Corp in 2024 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 125 increasing their positions, 71 reducing their positions, and 36 closing their positions.
3,939% more call options, than puts
Call options by funds: $34.3M | Put options by funds: $849K
76% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 71
69% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 36
34% more capital invested
Capital invested by funds: $3.54B → $4.76B (+$1.22B)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10% more funds holding
Funds holding: 261 → 286 (+25)
1.87% more ownership
Funds ownership: 99.85% → 101.72% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$73.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$44.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.8M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$35.5M |
| 5 |
BlackRock
New York
|
+$26.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$351M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$34.8M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$16M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$14.6M |
| 5 |
ECM
Engine Capital Management
New York
|
-$13.6M |
GTES Hedge Fund Activity: Q1 2024 in Review
286 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Gates Industrial Corp (GTES) for Q1 2024, worth a combined $4.76B — up 34% from $3.54B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new GTES positions and 36 closed out — a net gain of 25 holders — while 125 added to existing stakes and 71 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $73.5M. The largest seller was Blackstone Inc, cutting an estimated $351M.
- 286 institutional investors held Gates Industrial Corp (GTES) as of Q1 2024, up from 261 in Q4 2023.
- Funds reported $4.76B of Gates Industrial Corp stock for Q1 2024, up 34% quarter-over-quarter.
- 61 funds opened new Gates Industrial Corp positions in Q1 2024 and 36 closed out, a net change of +25 holders.
- The largest Gates Industrial Corp buyer in Q1 2024 was AllianceBernstein, an estimated $73.5M added.
- The largest Gates Industrial Corp seller in Q1 2024 was Blackstone Inc, an estimated $351M sold.
Based on aggregated 13F filings for Q1 2024.