Gates Capital Management, Inc.
Gates Capital Management, Inc. is a New York-based investment advisory firm founded by Jeffrey L. Gates. It manages hedge funds and investment portfolios, focusing on a concentrated, value-oriented long/short equity strategy. The firm primarily serves institutional investors and high net worth individuals. Gates Capital Management is known for its experienced, research-driven investment approach and is registered with the SEC.
Investment Strategy
Gates Capital Management, Inc. employs a long/short equity strategy focused on identifying undervalued securities with significant upside, while hedging market risk through short positions. The firm conducts fundamental, research-driven analysis and typically invests in a concentrated portfolio of positions, emphasizing value stocks and special situations. Risk management, preservation of capital, and delivering consistent absolute returns over full market cycles are central to its investment philosophy.
Top Holdings
Equity Positions (28)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
D DAR | DARLING INGREDIENTS INC | 4.55% | $263.8M | 6,953,973 | $39.53 | $37.94 | +$16.6M |
C CARR | CARRIER GLOBAL CORPORATION | 3.69% | $214.3M | 2,927,506 | $27.03 | $73.19 | +$28.0M |
A ATKR | ATKORE INC | 3.20% | $185.4M | 2,628,189 | $83.69 | $70.55 | -$10.5M |
F FTV | FORTIVE CORP | 3.04% | $176.2M | 3,380,969 | $67.70 | $52.13 | -$11.5M |
G GTLS | CHART INDS INC | 2.88% | $166.8M | 1,013,128 | $151.31 | $164.65 | +$54.7M |
Options Positions (5)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
X XLI | SELECT SECTOR SPDR TR | Bought | Put | $958.9M | 65,000 | $147.52 | $111.84 | +5,000 | +$172.5M |
X XLI | SELECT SECTOR SPDR TR | Bought | Call | $885.1M | 60,000 | $147.52 | $114.70 | +5,000 | +$164.2M |
X XLB | SELECT SECTOR SPDR TR | Bought | Put | $307.3M | 35,000 | $87.81 | $88.32 | +10,000 | +$92.4M |
X XLB | SELECT SECTOR SPDR TR | Bought | Call | $241.5M | 27,500 | $87.81 | $87.26 | +10,000 | +$91.0M |
C CARR | CARRIER GLOBAL CORPORATION | Bought | Put | $91.5M | 12,500 | $73.19 | $73.19 | +12,500 | +$91.5M |
Industry Allocation
Investment Team (5)
| Name | Role | Location | |
|---|---|---|---|
D Dax Vlassis | Managing Partner | New York, NY , United States | |
J Justin Boisseau | Managing Partner | New York, NY , United States | |
 | Investment Associate | New York, NY , United States | |
 | Investment Associate | New York, NY , United States | |
Z Zachary Gober | Investment Analyst | New York, NY , United States |