Gates Capital Management, Inc.
CIK 0001312908
Annualised vol
6.95196%
Beta
0.254283
HHI
391.755478
Top-10 weight
48.692593%
VaR 95%
0.651169%
VaR 99%
1.173489%
Max drawdown
14.237323%
Matched value
53.656388%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| DAR | ADDED | 2,902,582 | 2,361,119 | 22.93% | 158,539,029 |
| TIC | REDUCED | 19,501,621 | 21,850,000 | -10.75% | 157,768,114 |
| DVA | REDUCED | 688,136 | 723,008 | -4.82% | 153,096,497 |
| SPGI | ADDED | 361,186 | 327,955 | 10.13% | 147,096,610 |
| NVST | ADDED | 5,552,383 | 5,362,711 | 3.54% | 146,305,292 |
| CARR | REDUCED | 1,991,308 | 2,494,791 | -20.18% | 146,062,442 |
| MBC | ADDED | 13,186,754 | 10,346,864 | 27.45% | 135,691,699 |
| ATKR | REDUCED | 1,710,192 | 2,685,718 | -36.32% | 130,043,000 |
| PNR | ADDED | 1,675,515 | 902,606 | 85.63% | 128,444,980 |
| FTV | REDUCED | 1,821,430 | 2,089,472 | -12.83% | 111,271,159 |
| GTX | REDUCED | 2,479,851 | 5,935,638 | -58.22% | 89,845,002 |
| AMRZ | REDUCED | 1,580,748 | 2,412,533 | -34.48% | 84,253,868 |
| TKO | REDUCED | 411,584 | 427,869 | -3.81% | 82,855,975 |
| RAL | REDUCED | 1,111,015 | 1,390,156 | -20.08% | 81,804,034 |
| VLTO | REDUCED | 889,770 | 1,079,924 | -17.61% | 78,904,804 |
| NEOG | ADDED | 8,742,274 | 6,258,649 | 39.68% | 78,593,043 |
| ESI | REDUCED | 1,611,499 | 3,059,066 | -47.32% | 76,949,077 |
| AOS | REDUCED | 1,030,321 | 1,087,580 | -5.26% | 64,621,733 |
| OTIS | ADDED | 867,273 | 737,558 | 17.59% | 62,096,747 |
| APG | REDUCED | 1,424,946 | 1,599,946 | -10.94% | 60,346,463 |
| KBR | REDUCED | 1,422,729 | 2,091,565 | -31.98% | 49,126,832 |
| XBP | UNCHANGED | 3,193,149 | 3,193,149 | 0.0% | 7,408,107 |
| MBGL | NEW | 61,358 | - | - | 1,352,944 |
| VSNT | CLOSED OUT | 0 | 1,507,561 | -100.0% | 0 |
| Q | CLOSED OUT | 0 | 325,463 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | SELECT SECTOR SPDR TR | ST STR INDL ETF | 81369Y704 | 370,460,000 | 8.9 | 2000000.0 | |
| - | ISHARES TR | IBOXX HI YD ETF | 464288513 | 299,887,500 | 7.21 | 3750000.0 | |
| - | SELECT SECTOR SPDR TR | ST STR MATER ETF | 81369Y100 | 228,735,000 | 5.5 | 4500000.0 | |
| - | ISHARES TR | 20 YR TR BD ETF | 464287432 | 216,050,000 | 5.19 | 2500000.0 | |
| DAR | ADDED | DARLING INGREDIENTS INC | COM | 237266101 | 158,539,029 | 3.81 | 2902582.0 |
| TIC | REDUCED | TIC SOLUTIONS INC | COM | 00510N102 | 157,768,114 | 3.79 | 1.9501621E7 |
| DVA | REDUCED | DAVITA INC | COM | 23918K108 | 153,096,497 | 3.68 | 688136.0 |
| - | RENTOKIL INITIAL PLC | SPONSORED ADR | 760125104 | 148,011,174 | 3.56 | 5173407.0 | |
| SPGI | ADDED | S&P GLOBAL INC | COM | 78409V104 | 147,096,610 | 3.54 | 361186.0 |
| NVST | ADDED | ENVISTA HOLDINGS CORPORATION | COM | 29415F104 | 146,305,292 | 3.52 | 5552383.0 |
| CARR | REDUCED | CARRIER GLOBAL CORPORATION | COM | 14448C104 | 146,062,442 | 3.51 | 1991308.0 |
| MBC | ADDED | MASTERBRAND INC | COMMON STOCK | 57638P104 | 135,691,699 | 3.26 | 1.3186754E7 |
| - | SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 | 134,109,444 | 3.22 | 4539927.0 | |
| ATKR | REDUCED | ATKORE INC | COM | 047649108 | 130,043,000 | 3.13 | 1710192.0 |
| PNR | ADDED | PENTAIR PLC | SHS | G7S00T104 | 128,444,980 | 3.09 | 1675515.0 |
| - | COOPER COS INC | COM | 216648501 | 121,088,717 | 2.91 | 1688589.0 | |
| FTV | REDUCED | FORTIVE CORP | COM | 34959J108 | 111,271,159 | 2.67 | 1821430.0 |
| - | VICI PPTYS INC | COM | 925652109 | 94,170,062 | 2.26 | 3546895.0 | |
| - | GAMING & LEISURE P | COM | 36467J108 | 91,500,378 | 2.2 | 2054803.0 | |
| GTX | REDUCED | GARRETT MOTION INC | COM | 366505105 | 89,845,002 | 2.16 | 2479851.0 |
| AMRZ | REDUCED | AMRIZE LTD | SHS | H2927K103 | 84,253,868 | 2.02 | 1580748.0 |
| TKO | REDUCED | TKO GROUP HOLDINGS INC | CL A | 87256C101 | 82,855,975 | 1.99 | 411584.0 |
| - | ARMSTRONG WORLD INDS INC NEW | COM | 04247X102 | 82,340,859 | 1.98 | 513283.0 | |
| RAL | REDUCED | RALLIANT CORP | COM | 750940108 | 81,804,034 | 1.97 | 1111015.0 |
| - | CRH PLC | ORD | G25508105 | 79,133,134 | 1.9 | 739562.0 | |
| VLTO | REDUCED | VERALTO CORP | COM SHS | 92338C103 | 78,904,804 | 1.9 | 889770.0 |
| NEOG | ADDED | NEOGEN CORP | COM | 640491106 | 78,593,043 | 1.89 | 8742274.0 |
| ESI | REDUCED | ELEMENT SOLUTIONS INC | COM | 28618M106 | 76,949,077 | 1.85 | 1611499.0 |
| AOS | REDUCED | SMITH A O CORP | COM | 831865209 | 64,621,733 | 1.55 | 1030321.0 |
| - | CONSENSUS CLOUD SOLUTIONS IN | COM | 20848V105 | 62,729,053 | 1.51 | 1644274.0 | |
| OTIS | ADDED | OTIS WORLDWIDE CORP | COM | 68902V107 | 62,096,747 | 1.49 | 867273.0 |
| APG | REDUCED | API GROUP CORP | COM STK | 00187Y100 | 60,346,463 | 1.45 | 1424946.0 |
| KBR | REDUCED | KBR INC | COM | 48242W106 | 49,126,832 | 1.18 | 1422729.0 |
| XBP | UNCHANGED | XBP GLOBAL HOLDINGS INC | COM NEW | 98400V200 | 7,408,107 | 0.18 | 3193149.0 |
| MBGL | NEW | MOBILITY GLOBAL INC | COM SHS | 60744M106 | 1,352,944 | 0.03 | 61358.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 4,160,692,772 | 35 | 6.95196 | 0.254283 | 14.237323 |
| 2026-03-31 | 2026-05-15 | 3,660,037,289 | 34 | 7.635933 | 0.282298 | 15.603063 |
| 2025-12-31 | 2026-02-17 | 3,798,059,923 | 32 | 8.217814 | 0.302444 | 17.31434 |
| 2025-09-30 | 2025-11-14 | 5,589,861,632 | 34 | 5.787959 | 0.211169 | 12.242065 |
| 2025-03-31 | 2025-05-15 | 5,095,250,428 | 33 | 6.817519 | 0.253475 | 14.396291 |
| 2024-12-31 | 2025-02-14 | 5,325,534,002 | 37 | 6.701399 | 0.248557 | 14.052079 |