Gates Capital Management, Inc.

Registered adviser

CIK

1312908

Location

New York, NY

Portfolio Value

Mid $4,160,692,751

Diversification

Diversified

Reports for

Gates Capital Management, L.P.

Filing Date

Global Rank

#1,007 / 8,820 ▼ 26

Top Industry

Specialty Business Services 10.0%

Period ended 4 months ago

Filed Aug 14, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 137842

Roster of Oct 1, 2026

Regulatory AUM

$3,256,584,000

Main clients

Pooled investment vehicles (100% of AUM)

Private funds

4 funds · Hedge funds

Focus by gross assets, Schedule D of Nov 1, 2024

$3,559,723,000 gross assets

LEI

254900Y4M9ETSDWLVR32

Private funds on Schedule D 7.B.(1)

As filed Nov 1, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$3,987,749,000 gross assets in 4 funds Hedge funds $3,987,749,000 (4)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$3,256,584,000	Pooled investment vehicles (100%)
Apr 2025 to Mar 2026	$3,941,272,000	Pooled investment vehicles (100%)
Apr 2024 to Mar 2025	$3,643,526,000	Pooled investment vehicles (100%)
May 2023 to Mar 2024	$3,079,382,000	Pooled investment vehicles (100%)
Apr 2023	$3,079,382,000	Pooled investment vehicles (100%)
Apr 2022 to Mar 2023	$3,792,852,000	Pooled investment vehicles (100%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 47.8%, 26.3 effective positions, active share 98.3% against the S&P SmallCap 600 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

42.0% over the last four quarters (30% to under 100%)

Horizon

Long horizon

Value-weighted holding period 14.7 quarters (12+), a floor since 23.2% of the book was already held when coverage starts

Closest benchmark: the S&P SmallCap 600 as of 2026-06-30, active share 98.3%; sector active share 45.2% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

35 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

12.4%

+1.7 pts

Top 5

34.4%

+5.3 pts

Top 10

52.2%

+4.0 pts

HHI

467

Diversified+68

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	26.8%	$1,115,132,500	4
Industrials	26.6%	$1,107,767,141	11
Healthcare	12.0%	$499,083,549	4
Technology	6.4%	$264,565,293	5
Basic Materials	5.8%	$240,336,079	3
Consumer Cyclical	5.4%	$225,536,699	2
Communication Services	5.2%	$216,965,418	2
Real Estate	4.5%	$185,670,439	2
Consumer Defensive	3.8%	$158,539,028	1
Financial Services	3.5%	$147,096,605	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

11 positions

Ticker	Company	Δ Shares	Shares	Value
MBC	MasterBrand, Inc.	+2,839,890	13,186,754	$135,691,698
NEOG	Neogen Corp	+2,483,625	8,742,274	$78,593,043
SIRI	Sirius Xm Holdings Inc.	+1,797,568	4,539,927	$134,109,443
RTO	Rentokil Initial PLC	+821,451	5,173,407	$148,011,174
PNR	PENTAIR plc	+772,909	1,675,515	$128,444,979
DAR	Darling Ingredients Inc.	+541,463	2,902,582	$158,539,028
VICI	Vici Properties Inc.	+312,735	3,546,895	$94,170,062
NVST	Envista Holdings Corp	+189,672	5,552,383	$146,305,292
OTIS	Otis Worldwide Corp	+129,715	867,273	$62,096,746
SPGI	S&P Global Inc.	+33,231	361,186	$147,096,605
AWI	Armstrong World Industries Inc	+15,015	513,283	$82,340,858
No positions match the current search.

Trimmed

Positions the filer reduced

17 positions

Ticker	Company	Δ Shares	Shares	Value
GTX	Garrett Motion Inc.	−3,455,787	2,479,851	$89,845,001
TIC	TIC Solutions, Inc.	−2,348,379	19,501,621	$157,768,113
ESI	Element Solutions Inc	−1,447,567	1,611,499	$76,949,077
ATKR	Atkore Inc.	−975,526	1,710,192	$130,042,999
AMRZ	Amrize Ltd	−831,785	1,580,748	$84,253,868
KBR	Kbr, Inc.	−668,836	1,422,729	$49,126,832
CARR	CARRIER GLOBAL Corp	−503,483	1,991,308	$146,062,441
CRH	Crh Public Ltd Co	−349,719	739,562	$79,133,134
RAL	Ralliant Corp	−279,141	1,111,015	$81,804,034
FTV	Fortive Corp	−268,042	1,821,430	$111,271,158
CCSI	Consensus Cloud Solutions, Inc.	−194,105	1,644,274	$62,729,053
VLTO	Veralto Corp	−190,154	889,770	$78,904,803
APG	APi Group Corp	−175,000	1,424,946	$60,346,463
AOS	Smith A O Corp	−57,259	1,030,321	$64,621,733
DVA	Davita Inc.	−34,872	688,136	$153,096,497
TKO	TKO Group Holdings, Inc.	−16,285	411,584	$82,855,975
GLPI	Gaming & Leisure Properties, Inc.	−3,327	2,054,803	$91,500,377
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
COO	Cooper Companies, Inc.	1,688,589	$121,088,717
MBGL	Mobility Global Inc.	61,358	$1,352,943
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
VSNT	Versant Media Group, Inc.	1,507,561	$55,809,908
Q	Qnity Electronics, Inc.	325,463	$37,551,920
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

35 tracked positions · $4,160,692,751 total · filing declares 35 positions · $4,160,692,772 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF PUT	Reduced	2,000,000	-411,500	$370,460,000	−5.0%	—	—	8.90%
HYG	iShares iBoxx $ High Yield Corporate Bond ETF PUT	Added	3,750,000	+1,625,000	$299,887,500	+77.4%	—	—	7.21%
	PUT	Added	4,500,000	+450,000	$228,735,000	+13.0%	—	—	5.50%
TLT	iShares 20+ Year Treasury Bond ETF PUT	NEW	2,500,000	NEW	$216,050,000	NEW	—	—	5.19%
DAR	Darling Ingredients Inc. Consumer Defensive	Added	2,902,582	+541,463	$158,539,028	+8.6%	11	$43.86	3.81%
TIC	TIC Solutions, Inc. Industrials	Reduced	19,501,621	-2,348,379	$157,768,113	+9.7%	6	$10.85	3.79%
DVA	Davita Inc. Healthcare	Reduced	688,136	-34,872	$153,096,497	+37.8%	26+	before history	3.68%
RTO	Rentokil Initial PLC Industrials	Added	5,173,407	+821,451	$148,011,174	+8.0%	15	$29.51	3.56%
SPGI	S&P Global Inc. Financial Services	Added	361,186	+33,231	$147,096,605	+5.5%	26+	before history	3.54%
NVST	Envista Holdings Corp Healthcare	Added	5,552,383	+189,672	$146,305,292	+7.5%	17	$23.31	3.52%
CARR	CARRIER GLOBAL Corp Industrials	Reduced	1,991,308	-503,483	$146,062,441	+4.0%	25	$27.55	3.51%
MBC	MasterBrand, Inc. Consumer Cyclical	Added	13,186,754	+2,839,890	$135,691,698	+57.8%	15	unpriced	3.26%
SIRI	Sirius Xm Holdings Inc. Communication Services	Added	4,539,927	+1,797,568	$134,109,443	+111.9%	2	$23.62	3.22%
ATKR	Atkore Inc. Industrials	Reduced	1,710,192	-975,526	$130,042,999	−17.8%	16	$95.51	3.13%
PNR	PENTAIR plc Industrials	Added	1,675,515	+772,909	$128,444,979	+63.4%	17	$65.32	3.09%
COO	Cooper Companies, Inc. Healthcare	NEW	1,688,589	NEW	$121,088,717	NEW	1	$65.37	2.91%
FTV	Fortive Corp Technology	Reduced	1,821,430	-268,042	$111,271,158	−3.7%	18	unpriced	2.67%
VICI	Vici Properties Inc. Real Estate	Added	3,546,895	+312,735	$94,170,062	+6.6%	26+	before history	2.26%
GLPI	Gaming & Leisure Properties, Inc. Real Estate	Reduced	2,054,803	-3,327	$91,500,377	+0.2%	26+	before history	2.20%
GTX	Garrett Motion Inc. Consumer Cyclical	Reduced	2,479,851	-3,455,787	$89,845,001	−16.7%	7	$9.41	2.16%
AMRZ	Amrize Ltd Basic Materials	Reduced	1,580,748	-831,785	$84,253,868	−37.7%	5	unpriced	2.02%
TKO	TKO Group Holdings, Inc. Communication Services	Reduced	411,584	-16,285	$82,855,975	−4.0%	10	$99.85	1.99%
AWI	Armstrong World Industries Inc Industrials	Added	513,283	+15,015	$82,340,858	+0.3%	26+	before history	1.98%
RAL	Ralliant Corp Technology	Reduced	1,111,015	-279,141	$81,804,034	+41.5%	5	unpriced	1.97%
CRH	Crh Public Ltd Co Basic Materials	Reduced	739,562	-349,719	$79,133,134	−30.9%	12	$76.35	1.90%
VLTO	Veralto Corp Industrials	Reduced	889,770	-190,154	$78,904,803	−17.4%	11	$81.82	1.90%
NEOG	Neogen Corp Healthcare	Added	8,742,274	+2,483,625	$78,593,043	+35.2%	6	$9.15	1.89%
ESI	Element Solutions Inc Basic Materials	Reduced	1,611,499	-1,447,567	$76,949,077	−26.3%	26+	before history	1.85%
AOS	Smith A O Corp Industrials	Reduced	1,030,321	-57,259	$64,621,733	−9.9%	2	$72.07	1.55%
CCSI	Consensus Cloud Solutions, Inc. Technology	Reduced	1,644,274	-194,105	$62,729,053	+43.7%	19	$40.41	1.51%
OTIS	Otis Worldwide Corp Industrials	Added	867,273	+129,715	$62,096,746	+9.2%	26+	before history	1.49%
APG	APi Group Corp Industrials	Reduced	1,424,946	-175,000	$60,346,463	−6.9%	11	$21.32	1.45%
KBR	Kbr, Inc. Industrials	Reduced	1,422,729	-668,836	$49,126,832	−36.3%	2	$41.07	1.18%
XBP	XBP Global Holdings, Inc. Technology	Held	3,193,149	0	$7,408,105	−47.3%	4	$8.14	0.18%
MBGL	Mobility Global Inc. Technology	NEW	61,358	NEW	$1,352,943	NEW	1	unpriced	0.03%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.