Gates Capital Management, Inc. — 13F Holdings & Portfolio
CIK 1312908 · latest 13F-HR filed 2026-08-14
Gates Capital Management, Inc. manages $4.16B in 13F-reported U.S. long-equity assets across 35 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are XLI (8.90%), HYG (7.21%), XLB (5.50%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions and exited 2; 14 existing positions rose in reported value and 10 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-08-14
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 47.8%Cumulative share of the portfolio held in the largest N positions.
46TH FLOOR
NEW YORK, NY 10036
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| BLATTER, MARC, M Control | CHIEF FINANCIAL OFFICER & CHIEF COMPLIANCE OFFICER | Less than 5% | Individual |
| GATES, JEFFREY, LINN Control | PRESIDENT / PORTFOLIO MANAGER | 75% or more | Individual |
| STEPHENS, ERIC, EDWARD Control | MANAGING PARTNER | Less than 5% | Individual |
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- SIRIUSXM HOLDINGS INC$70.8M +111.9%
- PENTAIR PLC$49.8M +63.4%
- MASTERBRAND INC$49.7M +57.8%
- DAVITA INC$42.0M +37.8%
- RALLIANT CORP$24.0M +41.5%
Top Trims
- AMRIZE LTD-$50.9M -37.7%
- CRH PLC-$35.4M -30.9%
- ATKORE INC-$28.2M -17.8%
- KBR INC-$28.0M -36.3%
- ELEMENT SOLUTIONS INC-$27.5M -26.3%
Gates Capital Management, Inc. Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | SELECT SECTOR SPDR TR Put | XLI | 81369Y704 | $370.5M | 8.90% | 2,000,000 | SH |
| 2 | ISHARES TR Put | HYG | 464288513 | $299.9M | 7.21% | 3,750,000 | SH |
| 3 | SELECT SECTOR SPDR TR Put | XLB | 81369Y100 | $228.7M | 5.50% | 4,500,000 | SH |
| 4 | ISHARES TR Put | TLT | 464287432 | $216.1M | 5.19% | 2,500,000 | SH |
| 5 | DARLING INGREDIENTS INC | DAR | 237266101 | $158.5M | 3.81% | 2,902,582 | SH |
| 6 | TIC SOLUTIONS INC | TIC | 00510N102 | $157.8M | 3.79% | 19,501,621 | SH |
| 7 | DAVITA INC | DVA | 23918K108 | $153.1M | 3.68% | 688,136 | SH |
| 8 | RENTOKIL INITIAL PLC | RTO | 760125104 | $148.0M | 3.56% | 5,173,407 | SH |
| 9 | S&P GLOBAL INC | SPGI | 78409V104 | $147.1M | 3.54% | 361,186 | SH |
| 10 | ENVISTA HOLDINGS CORPORATION | NVST | 29415F104 | $146.3M | 3.52% | 5,552,383 | SH |
| 11 | CARRIER GLOBAL CORPORATION | CARR | 14448C104 | $146.1M | 3.51% | 1,991,308 | SH |
| 12 | MASTERBRAND INC | MBC | 57638P104 | $135.7M | 3.26% | 13,186,754 | SH |
| 13 | SIRIUSXM HOLDINGS INC | SIRI | 829933100 | $134.1M | 3.22% | 4,539,927 | SH |
| 14 | ATKORE INC | ATKR | 047649108 | $130.0M | 3.13% | 1,710,192 | SH |
| 15 | PENTAIR PLC | PNR | G7S00T104 | $128.4M | 3.09% | 1,675,515 | SH |
| 16 | COOPER COS INC | COO | 216648501 | $121.1M | 2.91% | 1,688,589 | SH |
| 17 | FORTIVE CORP | FTV | 34959J108 | $111.3M | 2.67% | 1,821,430 | SH |
| 18 | VICI PPTYS INC | VICI | 925652109 | $94.2M | 2.26% | 3,546,895 | SH |
| 19 | GAMING & LEISURE P | GLPI | 36467J108 | $91.5M | 2.20% | 2,054,803 | SH |
| 20 | GARRETT MOTION INC | GTX | 366505105 | $89.8M | 2.16% | 2,479,851 | SH |
| 21 | AMRIZE LTD | AMRZ | H2927K103 | $84.3M | 2.02% | 1,580,748 | SH |
| 22 | TKO GROUP HOLDINGS INC | TKO | 87256C101 | $82.9M | 1.99% | 411,584 | SH |
| 23 | ARMSTRONG WORLD INDS INC NEW | AWI | 04247X102 | $82.3M | 1.98% | 513,283 | SH |
| 24 | RALLIANT CORP | RAL | 750940108 | $81.8M | 1.97% | 1,111,015 | SH |
| 25 | CRH PLC | CRH | G25508105 | $79.1M | 1.90% | 739,562 | SH |
| 26 | VERALTO CORP | VLTO | 92338C103 | $78.9M | 1.90% | 889,770 | SH |
| 27 | NEOGEN CORP | NEOG | 640491106 | $78.6M | 1.89% | 8,742,274 | SH |
| 28 | ELEMENT SOLUTIONS INC | ESI | 28618M106 | $76.9M | 1.85% | 1,611,499 | SH |
| 29 | SMITH A O CORP | AOS | 831865209 | $64.6M | 1.55% | 1,030,321 | SH |
| 30 | CONSENSUS CLOUD SOLUTIONS IN | CCSI | 20848V105 | $62.7M | 1.51% | 1,644,274 | SH |
| 31 | OTIS WORLDWIDE CORP | OTIS | 68902V107 | $62.1M | 1.49% | 867,273 | SH |
| 32 | API GROUP CORP | APG | 00187Y100 | $60.3M | 1.45% | 1,424,946 | SH |
| 33 | KBR INC | KBR | 48242W106 | $49.1M | 1.18% | 1,422,729 | SH |
| 34 | XBP GLOBAL HOLDINGS INC | XBP | 98400V200 | $7.4M | 0.18% | 3,193,149 | SH |
| 35 | MOBILITY GLOBAL INC | MBGL | 60744M106 | $1.4M | 0.03% | 61,358 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $4.16B | 35 | 0001172661-26-003599 |
| 2026-03-31 | 2026-05-15 | $3.66B | 34 | 0001172661-26-002331 |
| 2025-12-31 | 2026-02-17 | $3.80B | 32 | 0001172661-26-001134 |
| 2025-09-30 | 2025-11-14 | $5.59B | 34 | 0001172661-25-004848 |
46TH FLOOR
NEW YORK, NY 10036