Gates Capital Management, Inc. — 13F Holdings & Portfolio
CIK 1312908 · latest 13F-HR filed 2026-05-15
Gates Capital Management, Inc. manages $3.66B in 13F-reported U.S. long-equity assets across 34 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are XLI (10.66%), XLB (5.53%), HYG (4.62%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 4 new positions, exited 1, added to 6, and trimmed 15.
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.
$3.66B
Long-equity book
34
Distinct positions
2026-03-31
Filed 2026-05-15
+4 / −1 / ↑6 / ↓15
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- CRH PLC$17.3M +17.8%
- VERALTO CORP$16.4M +20.7%
- QNITY ELECTRONICS INC$12.6M +50.6%
- GARRETT MOTION INC$12.4M +13.0%
- ENVISTA HOLDINGS CORPORATION$10.0M +7.9%
Top Trims
- RALLIANT CORP-$57.0M -49.6%
- CARRIER GLOBAL CORPORATION-$29.7M -17.4%
- DARLING INGREDIENTS INC-$24.8M -14.5%
- DAVITA INC-$22.4M -16.8%
- FORTIVE CORP-$19.3M -14.3%
New Positions
- KBR INC$77.1M
- SMITH A O CORP$71.7M
- SIRIUSXM HOLDINGS INC$63.3M
- VERSANT MEDIA GROUP INC$55.8M
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 | $390.0M | 10.66% | 2,411,500 | SH |
| 2 | SELECT SECTOR SPDR TR Put | XLB | 81369Y100 | $202.4M | 5.53% | 4,050,000 | SH |
| 3 | ISHARES TR Put | HYG | 464288513 | $169.1M | 4.62% | 2,125,000 | SH |
| 4 | ATKORE INC | ATKR | 047649108 | $158.2M | 4.32% | 2,685,718 | SH |
| 5 | DARLING INGREDIENTS INC | DAR | 237266101 | $146.0M | 3.99% | 2,361,119 | SH |
| 6 | TIC SOLUTIONS INC | TIC | 00510N102 | $143.8M | 3.93% | 21,850,000 | SH |
| 7 | CARRIER GLOBAL CORPORATION | CARR | 14448C104 | $140.5M | 3.84% | 2,494,791 | SH |
| 8 | S&P GLOBAL INC | SPGI | 78409V104 | $139.5M | 3.81% | 327,955 | SH |
| 9 | RENTOKIL INITIAL PLC | RTO | 760125104 | $137.0M | 3.74% | 4,351,956 | SH |
| 10 | ENVISTA HOLDINGS CORPORATION | NVST | 29415F104 | $136.1M | 3.72% | 5,362,711 | SH |
| 11 | AMRIZE LTD | AMRZ | H2927K103 | $135.2M | 3.69% | 2,412,533 | SH |
| 12 | FORTIVE CORP | FTV | 34959J108 | $115.5M | 3.16% | 2,089,472 | SH |
| 13 | CRH PLC | CRH | G25508105 | $114.5M | 3.13% | 1,089,281 | SH |
| 14 | DAVITA INC | DVA | 23918K108 | $111.1M | 3.04% | 723,008 | SH |
| 15 | GARRETT MOTION INC | GTX | 366505105 | $107.9M | 2.95% | 5,935,638 | SH |
| 16 | ELEMENT SOLUTIONS INC | ESI | 28618M106 | $104.4M | 2.85% | 3,059,066 | SH |
| 17 | VERALTO CORP | VLTO | 92338C103 | $95.5M | 2.61% | 1,079,924 | SH |
| 18 | GAMING & LEISURE P | GLPI | 36467J108 | $91.3M | 2.50% | 2,058,130 | SH |
| 19 | VICI PPTYS INC | VICI | 925652109 | $88.4M | 2.41% | 3,234,160 | SH |
| 20 | TKO GROUP HOLDINGS INC | TKO | 87256C101 | $86.3M | 2.36% | 427,869 | SH |
| 21 | MASTERBRAND INC | MBC | 57638P104 | $86.0M | 2.35% | 10,346,864 | SH |
| 22 | ARMSTRONG WORLD INDS INC NEW | AWI | 04247X102 | $82.1M | 2.24% | 498,268 | SH |
| 23 | PENTAIR PLC | PNR | G7S00T104 | $78.6M | 2.15% | 902,606 | SH |
| 24 | KBR INC | KBR | 48242W106 | $77.1M | 2.11% | 2,091,565 | SH |
| 25 | SMITH A O CORP | AOS | 831865209 | $71.7M | 1.96% | 1,087,580 | SH |
| 26 | API GROUP CORP | APG | 00187Y100 | $64.8M | 1.77% | 1,599,946 | SH |
| 27 | SIRIUSXM HOLDINGS INC | SIRI | 829933100 | $63.3M | 1.73% | 2,742,359 | SH |
| 28 | NEOGEN CORP | NEOG | 640491106 | $58.1M | 1.59% | 6,258,649 | SH |
| 29 | RALLIANT CORP | RAL | 750940108 | $57.8M | 1.58% | 1,390,156 | SH |
| 30 | OTIS WORLDWIDE CORP | OTIS | 68902V107 | $56.9M | 1.55% | 737,558 | SH |
| 31 | VERSANT MEDIA GROUP INC | VSNT | 925283103 | $55.8M | 1.52% | 1,507,561 | SH |
| 32 | CONSENSUS CLOUD SOLUTIONS IN | CCSI | 20848V105 | $43.6M | 1.19% | 1,838,379 | SH |
| 33 | QNITY ELECTRONICS INC | Q | 74743L100 | $37.6M | 1.03% | 325,463 | SH |
| 34 | XBP GLOBAL HOLDINGS INC | XBP | 98400V200 | $14.0M | 0.38% | 3,193,149 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 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 |