Institutional
Gates Capital Management, Inc.
CIK 0001312908
$3.66B
Reported AUM
34
Positions
Q1 2026
Period
2026-05-15
Filed
The Brief · Gates Capital Management, Inc. · Q1 2026
AI · grounded in 13F
Gates Capital Management, Inc. established a new position in HYG valued at $169.1M. The fund also opened new stakes in KBR for $77.1M and AOS for $71.7M. On the sell side, the fund closed its entire position in WH, reducing its exposure by $56.4M. Other reductions included trimming shares of XLI by 27.3% and XLB by 36.7%.
Portfolio · Q1 2026
Top holdings
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | XLI | SELECT SECTOR SPDR TR | $178.54 | 1.06% | 19.50% | 82.30% | $390.0M | 10.66% | — | HELD |
| 2 | XLB | SELECT SECTOR SPDR TR | $51.66 | -0.15% | 21.50% | 33.46% | $202.4M | 5.53% | — | HELD |
| 3 | HYG | ISHARES TR | $79.36 | 0.16% | 4.52% | 18.32% | $169.1M | 4.62% | — | HELD |
| 4 | ATKR | ATKORE INC | $73.82 | 3.34% | -3.99% | -19.82% | $158.2M | 4.32% | — | HELD |
| 5 | DAR | DARLING INGREDIENTS INC | $58.17 | -0.77% | 85.60% | -21.55% | $146.0M | 3.99% | — | HELD |
| 6 | TIC | TIC SOLUTIONS INC | $7.19 | -0.03% | -34.81% | -35.34% | $143.8M | 3.93% | — | HELD |
| 7 | CARR | CARRIER GLOBAL CORPORATION | $61.30 | 2.31% | -7.68% | 13.39% | $140.5M | 3.84% | — | HELD |
| 8 | SPGI | S&P GLOBAL INC | $418.01 | -0.39% | -18.03% | 4.03% | $139.5M | 3.81% | — | HELD |
| 9 | RTO | RENTOKIL INITIAL PLC | $24.30 | -17.43% | 26.98% | -21.39% | $137.0M | 3.74% | — | HELD |
| 10 | NVST | ENVISTA HOLDINGS CORPORATION | $28.42 | 0.16% | 36.20% | -33.70% | $136.1M | 3.72% | — | HELD |
| 11 | AMRZ | AMRIZE LTD | $50.44 | 1.99% | -2.08% | -2.29% | $135.2M | 3.69% | — | HELD |
| 12 | FTV | FORTIVE CORP | $59.00 | -0.91% | 28.47% | 9.25% | $115.5M | 3.16% | — | HELD |
| 13 | CRH | CRH PLC | $98.75 | -0.96% | 5.44% | 113.99% | $114.5M | 3.13% | — | HELD |
| 14 | DVA | DAVITA INC | $239.81 | -0.48% | 74.00% | 84.26% | $111.1M | 3.04% | — | HELD |
| 15 | GTX | GARRETT MOTION INC | $30.84 | 7.18% | 126.84% | 324.01% | $107.9M | 2.95% | — | HELD |
| 16 | ESI | ELEMENT SOLUTIONS INC | $36.61 | 5.23% | 51.72% | 63.28% | $104.4M | 2.85% | — | HELD |
| 17 | VLTO | VERALTO CORP | $99.64 | 0.82% | -6.46% | 27.74% | $95.5M | 2.61% | — | HELD |
| 18 | GLPI | GAMING & LEISURE P | $44.83 | -2.58% | 6.73% | 28.25% | $91.3M | 2.50% | — | HELD |
| 19 | VICI | VICI PPTYS INC | $26.50 | -2.32% | -12.76% | 15.10% | $88.4M | 2.41% | — | HELD |
| 20 | TKO | TKO GROUP HOLDINGS INC | $184.76 | -1.39% | 14.89% | 286.67% | $86.3M | 2.36% | — | HELD |
| 21 | MBC | MASTERBRAND INC | $8.39 | -1.06% | -24.07% | -8.80% | $86.0M | 2.35% | — | HELD |
| 22 | AWI | ARMSTRONG WORLD INDS INC NEW | $174.32 | -0.09% | -6.75% | 76.15% | $82.1M | 2.24% | — | HELD |
| 23 | PNR | PENTAIR PLC | $65.49 | -1.65% | -33.43% | -8.37% | $78.6M | 2.15% | — | HELD |
| 24 | KBR | KBR INC | $33.36 | -7.15% | -27.10% | -9.39% | $77.1M | 2.11% | — | HELD |
| 25 | AOS | SMITH A O CORP | $62.42 | 0.61% | -10.47% | -6.82% | $71.7M | 1.96% | — | HELD |
| 26 | APG | API GROUP CORP | $39.17 | 1.88% | 8.65% | 146.47% | $64.8M | 1.77% | — | HELD |
| 27 | SIRI | SIRIUSXM HOLDINGS INC | $30.88 | -5.25% | 61.43% | -37.75% | $63.3M | 1.73% | — | HELD |
| 28 | NEOG | NEOGEN CORP | $10.52 | 11.91% | 97.00% | -79.03% | $58.1M | 1.59% | — | HELD |
| 29 | RAL | RALLIANT CORP | $66.86 | -0.16% | 51.52% | 47.08% | $57.8M | 1.58% | — | HELD |
| 30 | OTIS | OTIS WORLDWIDE CORP | $72.72 | -0.87% | -11.87% | -14.08% | $56.9M | 1.55% | — | HELD |
| 31 | VSNT | VERSANT MEDIA GROUP INC | $36.35 | -1.61% | — | — | $55.8M | 1.52% | — | HELD |
| 32 | CCSI | CONSENSUS CLOUD SOLUTIONS IN | $36.18 | -1.44% | — | — | $43.6M | 1.19% | — | HELD |
| 33 | Q | QNITY ELECTRONICS INC | $130.91 | 6.09% | — | — | $37.6M | 1.03% | — | HELD |
| 34 | XBP | XBP GLOBAL HOLDINGS INC | $3.40 | -6.34% | — | — | $14.0M | 0.38% | — | HELD |
Source: SEC EDGAR · accession 0001172661-26-002331. 13F discloses long positions only — shorts, foreign equities, and options are excluded.