Q1 2026 · 13F-HR
Gates Capital Management, Inc.holdings as filed
Filed 2026-05-15 · accession 0001172661-26-002331
$3.66B
Reported value
34
Positions
2026-03-31
Period end
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%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 81369Y704 | XLI | SELECT SECTOR SPDR TR | $390.0M | 10.7% | 2,411,500 | PUT | SOLE |
| 81369Y100 | XLB | SELECT SECTOR SPDR TR | $202.4M | 5.53% | 4,050,000 | PUT | SOLE |
| 464288513 | HYG | ISHARES TR | $169.1M | 4.62% | 2,125,000 | PUT | SOLE |
| 047649108 | ATKR | ATKORE INC | $158.2M | 4.32% | 2,685,718 | Common | SOLE |
| 237266101 | DAR | DARLING INGREDIENTS INC | $146.0M | 3.99% | 2,361,119 | Common | SOLE |
| 00510N102 | TIC | TIC SOLUTIONS INC | $143.8M | 3.93% | 21,850,000 | Common | SOLE |
| 14448C104 | CARR | CARRIER GLOBAL CORPORATION | $140.5M | 3.84% | 2,494,791 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $139.5M | 3.81% | 327,955 | Common | SOLE |
| 760125104 | RTO | RENTOKIL INITIAL PLC | $137.0M | 3.74% | 4,351,956 | Common | SOLE |
| 29415F104 | NVST | ENVISTA HOLDINGS CORPORATION | $136.1M | 3.72% | 5,362,711 | Common | SOLE |
| H2927K103 | AMRZ | AMRIZE LTD | $135.2M | 3.69% | 2,412,533 | Common | SOLE |
| 34959J108 | FTV | FORTIVE CORP | $115.5M | 3.16% | 2,089,472 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $114.5M | 3.13% | 1,089,281 | Common | SOLE |
| 23918K108 | DVA | DAVITA INC | $111.1M | 3.04% | 723,008 | Common | SOLE |
| 366505105 | GTX | GARRETT MOTION INC | $107.9M | 2.95% | 5,935,638 | Common | SOLE |
| 28618M106 | ESI | ELEMENT SOLUTIONS INC | $104.4M | 2.85% | 3,059,066 | Common | SOLE |
| 92338C103 | VLTO | VERALTO CORP | $95.5M | 2.61% | 1,079,924 | Common | SOLE |
| 36467J108 | GLPI | GAMING & LEISURE P | $91.3M | 2.50% | 2,058,130 | Common | SOLE |
| 925652109 | VICI | VICI PPTYS INC | $88.4M | 2.41% | 3,234,160 | Common | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS INC | $86.3M | 2.36% | 427,869 | Common | SOLE |
| 57638P104 | MBC | MASTERBRAND INC | $86.0M | 2.35% | 10,346,864 | Common | SOLE |
| 04247X102 | AWI | ARMSTRONG WORLD INDS INC NEW | $82.1M | 2.24% | 498,268 | Common | SOLE |
| G7S00T104 | PNR | PENTAIR PLC | $78.6M | 2.15% | 902,606 | Common | SOLE |
| 48242W106 | KBR | KBR INC | $77.1M | 2.11% | 2,091,565 | Common | SOLE |
| 831865209 | AOS | SMITH A O CORP | $71.7M | 1.96% | 1,087,580 | Common | SOLE |
| 00187Y100 | APG | API GROUP CORP | $64.8M | 1.77% | 1,599,946 | Common | SOLE |
| 829933100 | SIRI | SIRIUSXM HOLDINGS INC | $63.3M | 1.73% | 2,742,359 | Common | SOLE |
| 640491106 | NEOG | NEOGEN CORP | $58.1M | 1.59% | 6,258,649 | Common | SOLE |
| 750940108 | RAL | RALLIANT CORP | $57.8M | 1.58% | 1,390,156 | Common | SOLE |
| 68902V107 | OTIS | OTIS WORLDWIDE CORP | $56.9M | 1.55% | 737,558 | Common | SOLE |
| 925283103 | VSNT | VERSANT MEDIA GROUP INC | $55.8M | 1.52% | 1,507,561 | Common | SOLE |
| 20848V105 | CCSI | CONSENSUS CLOUD SOLUTIONS IN | $43.6M | 1.19% | 1,838,379 | Common | SOLE |
| 74743L100 | Q | QNITY ELECTRONICS INC | $37.6M | 1.03% | 325,463 | Common | SOLE |
| 98400V200 | XBP | XBP GLOBAL HOLDINGS INC | $14.0M | 0.38% | 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.