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 | $178.39 | 0.98% | 19.50% | 82.30% | $390.0M | 10.66% | — | HELD |
| 2 | XLB | SELECT SECTOR SPDR TR | $51.64 | -0.19% | 21.27% | 33.20% | $202.4M | 5.53% | — | HELD |
| 3 | HYG | ISHARES TR | $79.47 | 0.29% | 4.52% | 18.32% | $169.1M | 4.62% | — | HELD |
| 4 | ATKR | ATKORE INC | $71.00 | -0.60% | -4.57% | -20.30% | $158.2M | 4.32% | — | HELD |
| 5 | DAR | DARLING INGREDIENTS INC | $61.00 | 4.06% | 90.54% | -19.46% | $146.0M | 3.99% | — | HELD |
| 6 | TIC | TIC SOLUTIONS INC | $7.26 | 0.97% | -34.18% | -34.71% | $143.8M | 3.93% | — | HELD |
| 7 | CARR | CARRIER GLOBAL CORPORATION | $61.39 | 2.45% | -8.28% | 12.65% | $140.5M | 3.84% | — | HELD |
| 8 | SPGI | S&P GLOBAL INC | $415.00 | -1.11% | -18.94% | 2.88% | $139.5M | 3.81% | — | HELD |
| 9 | RTO | RENTOKIL INITIAL PLC | $24.25 | -17.60% | 4.63% | -35.22% | $137.0M | 3.74% | — | HELD |
| 10 | NVST | ENVISTA HOLDINGS CORPORATION | $27.78 | -2.08% | 33.37% | -35.08% | $136.1M | 3.72% | — | HELD |
| 11 | AMRZ | AMRIZE LTD | $49.60 | 0.28% | -1.80% | -2.01% | $135.2M | 3.69% | — | HELD |
| 12 | FTV | FORTIVE CORP | $58.48 | -1.78% | 26.18% | 7.31% | $115.5M | 3.16% | — | HELD |
| 13 | CRH | CRH PLC | $96.00 | -3.72% | 1.52% | 106.03% | $114.5M | 3.13% | — | HELD |
| 14 | DVA | DAVITA INC | $238.86 | -0.87% | 72.49% | 82.66% | $111.1M | 3.04% | — | HELD |
| 15 | GTX | GARRETT MOTION INC | $31.01 | 7.75% | 144.42% | 356.86% | $107.9M | 2.95% | — | HELD |
| 16 | ESI | ELEMENT SOLUTIONS INC | $35.62 | 2.39% | 51.72% | 63.28% | $104.4M | 2.85% | — | HELD |
| 17 | VLTO | VERALTO CORP | $94.71 | -4.17% | -9.10% | 24.14% | $95.5M | 2.61% | — | HELD |
| 18 | GLPI | GAMING & LEISURE P | $44.71 | -2.83% | 3.72% | 24.62% | $91.3M | 2.50% | — | HELD |
| 19 | VICI | VICI PPTYS INC | $26.31 | -3.02% | -15.39% | 11.63% | $88.4M | 2.41% | — | HELD |
| 20 | TKO | TKO GROUP HOLDINGS INC | $183.81 | -1.89% | 12.71% | 279.37% | $86.3M | 2.36% | — | HELD |
| 21 | MBC | MASTERBRAND INC | $8.15 | -3.89% | -24.07% | -8.80% | $86.0M | 2.35% | — | HELD |
| 22 | AWI | ARMSTRONG WORLD INDS INC NEW | $174.37 | -0.06% | -6.81% | 76.04% | $82.1M | 2.24% | — | HELD |
| 23 | PNR | PENTAIR PLC | $66.17 | -0.63% | -33.43% | -8.38% | $78.6M | 2.15% | — | HELD |
| 24 | KBR | KBR INC | $34.37 | -4.34% | -27.10% | -9.39% | $77.1M | 2.11% | — | HELD |
| 25 | AOS | SMITH A O CORP | $59.81 | -3.59% | -13.68% | -10.17% | $71.7M | 1.96% | — | HELD |
| 26 | APG | API GROUP CORP | $39.20 | 1.95% | 10.79% | 151.33% | $64.8M | 1.77% | — | HELD |
| 27 | SIRI | SIRIUSXM HOLDINGS INC | $30.97 | -4.97% | 53.40% | -40.85% | $63.3M | 1.73% | — | HELD |
| 28 | NEOG | NEOGEN CORP | $11.53 | 22.66% | 140.88% | -74.36% | $58.1M | 1.59% | — | HELD |
| 29 | RAL | RALLIANT CORP | $67.00 | 0.04% | 51.59% | 47.14% | $57.8M | 1.58% | — | HELD |
| 30 | OTIS | OTIS WORLDWIDE CORP | $71.69 | -2.28% | -11.87% | -14.08% | $56.9M | 1.55% | — | HELD |
| 31 | VSNT | VERSANT MEDIA GROUP INC | $35.89 | -2.87% | — | — | $55.8M | 1.52% | — | HELD |
| 32 | CCSI | CONSENSUS CLOUD SOLUTIONS IN | $35.73 | -2.67% | — | — | $43.6M | 1.19% | — | HELD |
| 33 | Q | QNITY ELECTRONICS INC | $130.52 | 5.78% | — | — | $37.6M | 1.03% | — | HELD |
| 34 | XBP | XBP GLOBAL HOLDINGS INC | $3.08 | -9.41% | — | — | $14.0M | 0.38% | — | HELD |
Source: SEC EDGAR · accession 0001172661-26-002331. 13F discloses long positions only — shorts, foreign equities, and options are excluded.