Q4 2025 · 13F-HR
Gates Capital Management, Inc.holdings as filed
Filed 2026-02-17 · accession 0001172661-26-001134
$3.80B
Reported value
32
Positions
2025-12-31
Period end
The Brief · Gates Capital Management, Inc. · Q4 2025
AI · grounded in 13F
Gates Capital Management, Inc. closed its position in Lamb Weston Hldgs Inc LW, reducing its exposure by $63.7M. The fund established new positions in Qnity Electronics Inc Q for $24.9M and XBP Global Holdings Inc XBP for $21.7M. Additionally, the manager increased share counts in TIC Solutions Inc TIC by 80% and TKO Group Holdings Inc TKO by 55.1%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 81369Y704 | XLI | SELECT SECTOR SPDR TR | $514.2M | 13.5% | 3,315,000 | PUT | SOLE |
| 81369Y100 | XLB | SELECT SECTOR SPDR TR | $290.2M | 7.64% | 6,400,000 | PUT | SOLE |
| 047649108 | ATKR | ATKORE INC | $172.9M | 4.55% | 2,733,147 | Common | SOLE |
| 237266101 | DAR | DARLING INGREDIENTS INC | $170.8M | 4.50% | 4,744,048 | Common | SOLE |
| 14448C104 | CARR | CARRIER GLOBAL CORPORATION | $170.2M | 4.48% | 3,220,480 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $150.3M | 3.96% | 287,554 | Common | SOLE |
| 00510N102 | TIC | TIC SOLUTIONS INC | $150.0M | 3.95% | 14,836,121 | Common | SOLE |
| 34959J108 | FTV | FORTIVE CORP | $134.8M | 3.55% | 2,441,779 | Common | SOLE |
| 23918K108 | DVA | DAVITA INC | $133.5M | 3.52% | 1,175,485 | Common | SOLE |
| 760125104 | RTO | RENTOKIL INITIAL PLC | $133.1M | 3.50% | 4,516,572 | Common | SOLE |
| H2927K103 | AMRZ | AMRIZE LTD | $132.2M | 3.48% | 2,444,508 | Common | SOLE |
| 29415F104 | NVST | ENVISTA HOLDINGS CORPORATION | $126.1M | 3.32% | 5,808,119 | Common | SOLE |
| 750940108 | RAL | RALLIANT CORP | $114.8M | 3.02% | 2,255,516 | Common | SOLE |
| 28618M106 | ESI | ELEMENT SOLUTIONS INC | $114.0M | 3.00% | 4,562,986 | Common | SOLE |
| 57638P104 | MBC | MASTERBRAND INC | $101.9M | 2.68% | 9,225,631 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $97.2M | 2.56% | 778,679 | Common | SOLE |
| 925652109 | VICI | VICI PPTYS INC | $95.9M | 2.52% | 3,409,160 | Common | SOLE |
| 366505105 | GTX | GARRETT MOTION INC | $95.5M | 2.51% | 5,477,859 | Common | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $94.0M | 2.48% | 449,869 | Common | SOLE |
| G7S00T104 | PNR | PENTAIR PLC | $94.0M | 2.47% | 902,606 | Common | SOLE |
| 36467J108 | GLPI | GAMING & LEISURE PPTYS INC | $93.4M | 2.46% | 2,088,962 | Common | SOLE |
| 04247X102 | AWI | ARMSTRONG WORLD INDS INC NEW | $81.7M | 2.15% | 427,768 | Common | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $79.4M | 2.09% | 380,000 | CALL | SOLE |
| 92338C103 | VLTO | VERALTO CORP | $79.1M | 2.08% | 792,785 | Common | SOLE |
| 00187Y100 | APG | API GROUP CORP | $70.2M | 1.85% | 1,833,567 | Common | SOLE |
| 68902V107 | OTIS | OTIS WORLDWIDE CORP | $66.2M | 1.74% | 757,971 | Common | SOLE |
| 640491106 | NEOG | NEOGEN CORP | $58.6M | 1.54% | 8,385,534 | Common | SOLE |
| 98311A105 | WH | WYNDHAM HOTELS & RESORTS INC | $56.4M | 1.49% | 746,848 | Common | SOLE |
| G7S00T104 | PNR | PENTAIR PLC | $41.7M | 1.10% | 400,000 | CALL | SOLE |
| 20848V105 | CCSI | CONSENSUS CLOUD SOLUTIONS IN | $39.2M | 1.03% | 1,794,967 | Common | SOLE |
| 74743L100 | Q | QNITY ELECTRONICS INC | $24.9M | 0.66% | 305,463 | Common | SOLE |
| 98400V200 | XBP | XBP GLOBAL HOLDINGS INC | $21.7M | 0.57% | 3,193,149 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.