Gates Capital Management, Inc.
Filing Date
Global Rank
#877
/ 7,976
▼ 58
Top Industry
Building Materials
8.7%
3Y Alpha vs SPY
-8.2%
Period ended 9 months ago
Filed Nov 14, 2025 · 7mo
23 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+42.9%
SPY
+76.3%
Annualised alpha
-8.2%
Max drawdown
−24.6%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
28 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025Top Position
6.1%
−3.0 pts
Top 5
28.1%
−4.4 pts
Top 10
50.2%
−4.2 pts
HHI
410
Diversified−38
Portfolio Trend
23 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Industrials | 35.2% | $1,137,833,012 |
| Basic Materials | 12.0% | $387,978,948 |
| Technology | 11.3% | $365,427,448 |
| Healthcare | 10.7% | $347,169,729 |
| Consumer Cyclical | 8.9% | $287,232,070 |
| Consumer Defensive | 8.1% | $260,224,897 |
| Real Estate | 6.1% | $196,463,688 |
| Financial Services | 4.3% | $139,955,407 |
| Communication Services | 3.3% | $108,037,694 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
10 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| RAL | Ralliant Corp | +1,822,074 | 2,985,730 | $130,565,972 | |
| AMRZ | Amrize Ltd | +1,192,545 | 3,169,304 | $153,806,323 | |
| FTV | Fortive Corp | +591,164 | 3,972,133 | $194,594,795 | |
| TIC | TIC Solutions, Inc. | +470,967 | 8,242,035 | $109,701,485 | |
| APG | APi Group Corp | +409,936 | 2,123,976 | $73,001,055 | |
| OTIS | Otis Worldwide Corp | +352,087 | 1,113,835 | $101,837,934 | |
| ATKR | Atkore Inc. | +315,859 | 2,944,048 | $184,709,571 | |
| WH | Wyndham Hotels & Resorts, Inc. | +176,500 | 806,778 | $64,461,562 | |
| DVA | Davita Inc. | +91,403 | 1,190,383 | $158,166,189 | |
| TKO | TKO Group Holdings, Inc. | +46,356 | 534,946 | $108,037,694 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
16 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ESI | Element Solutions Inc | −2,448,502 | 4,222,324 | $106,275,895 | |
| NEOG | Neogen Corp | −1,893,489 | 10,900,452 | $62,241,580 | |
| MBC | MasterBrand, Inc. | −1,648,476 | 10,376,340 | $136,656,397 | |
| CARR | CARRIER GLOBAL Corp | −1,250,000 | 2,927,506 | $174,772,108 | |
| GTLS | Chart Industries Inc | −921,128 | 92,000 | $18,413,800 | |
| DAR | Darling Ingredients Inc. | −588,064 | 6,365,909 | $196,515,610 | |
| LW | Lamb Weston Holdings, Inc. | −373,202 | 1,096,923 | $63,709,287 | |
| CRH | Crh Public Ltd Co | −266,370 | 1,066,695 | $127,896,730 | |
| GLPI | Gaming & Leisure Properties, Inc. | −240,406 | 2,347,616 | $109,422,381 | |
| RTO | Rentokil Initial PLC /Fi | −159,309 | 5,987,619 | $151,187,379 | |
| GTX | Garrett Motion Inc. | −156,795 | 6,322,622 | $86,114,111 | |
| PNR | PENTAIR plc | −135,759 | 1,080,956 | $119,726,686 | |
| NVST | Envista Holdings Corp | −105,210 | 6,222,973 | $126,761,960 | |
| VLTO | Veralto Corp | −98,476 | 1,036,048 | $110,453,077 | |
| CCSI | Consensus Cloud Solutions, Inc. | −84,976 | 1,371,014 | $40,266,681 | |
| AWI | Armstrong World Industries Inc | −79,856 | 479,720 | $94,029,917 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exited
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| MERC | Mercer International Inc. | 1,003,824 | $3,513,384 | |
| No positions match the current search. | ||||
2 positions ·
$260,224,897 total
· Consumer Defensive only
· as of Sep 30, 2025
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Financial Services
Healthcare
Industrials
Real Estate
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| DAR |
Darling Ingredients Inc.
Consumer Defensive
|
Reduced | 6,365,909 | $196,515,610 | 75.52% | |
| LW |
Lamb Weston Holdings, Inc.
Consumer Defensive
|
Reduced | 1,096,923 | $63,709,287 | 24.48% |