Gates Capital Management, Inc. Buys VICI Properties Inc, Armstrong World Industries Inc, Ingersoll-Rand PLC, Sells GCP Applied Technologies Inc, Varian Medical Systems Inc, Hilton Grand Vacations Inc

• New Purchases: VICI, IR,
• Added Positions: AWI, GRA, ITRI, GLPI, SNA, KAR, WBT, DVA, IO, ST,
• Reduced Positions: GCP, HGV, SPGI, MGM, FTV, HLT, CC, DAR, MGP, VSTO,
• Sold Out: VAR, LW, DFIN,

For the details of Gates Capital Management, Inc.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Gates+Capital+Management%2C+Inc.

1. iShares Russell 2000 (IWM) - 12,480,000 shares, 42.89% of the total portfolio.
2. W R Grace & Co (GRA) - 3,104,486 shares, 4.3% of the total portfolio. Shares added by 44.16%
3. Altaba Inc (AABA) - 2,469,313 shares, 4.14% of the total portfolio. Shares added by 0.79%
4. Armstrong World Industries Inc (AWI) - 2,537,234 shares, 3.23% of the total portfolio. Shares added by 89.59%
5. DaVita Inc (DVA) - 2,103,057 shares, 3.14% of the total portfolio. Shares added by 9.06%

Gates Capital Management, Inc. initiated holding in VICI Properties Inc. The purchase prices were between $18.27 and $22.99, with an estimated average price of $19.99. The stock is now traded at around $19.31. The impact to a portfolio due to this purchase was 2.22%. The holding were 5,365,541 shares as of 2018-03-31.

Gates Capital Management, Inc. initiated holding in Ingersoll-Rand PLC. The purchase prices were between $83.86 and $96.6, with an estimated average price of $89.73. The stock is now traded at around $88.82. The impact to a portfolio due to this purchase was 1.41%. The holding were 726,215 shares as of 2018-03-31.

Gates Capital Management, Inc. added to a holding in Armstrong World Industries Inc by 89.59%. The purchase prices were between $55.8 and $64.15, with an estimated average price of $60.63. The stock is now traded at around $58.28. The impact to a portfolio due to this purchase was 1.53%. The holding were 2,537,234 shares as of 2018-03-31.

Gates Capital Management, Inc. added to a holding in W R Grace & Co by 44.16%. The purchase prices were between $60.37 and $74.72, with an estimated average price of $68.55. The stock is now traded at around $71.15. The impact to a portfolio due to this purchase was 1.32%. The holding were 3,104,486 shares as of 2018-03-31.

Gates Capital Management, Inc. added to a holding in Itron Inc by 238.41%. The purchase prices were between $65.65 and $76.5, with an estimated average price of $71.58. The stock is now traded at around $62.30. The impact to a portfolio due to this purchase was 0.97%. The holding were 844,123 shares as of 2018-03-31.

Gates Capital Management, Inc. added to a holding in Gaming and Leisure Properties Inc by 48.54%. The purchase prices were between $32.76 and $36.76, with an estimated average price of $34.64. The stock is now traded at around $34.52. The impact to a portfolio due to this purchase was 0.75%. The holding were 3,008,001 shares as of 2018-03-31.

Gates Capital Management, Inc. added to a holding in Snap-on Inc by 31.50%. The purchase prices were between $146.26 and $183.76, with an estimated average price of $164.35. The stock is now traded at around $148.74. The impact to a portfolio due to this purchase was 0.66%. The holding were 824,000 shares as of 2018-03-31.

Gates Capital Management, Inc. added to a holding in KAR Auction Services Inc by 25.57%. The purchase prices were between $49 and $56.64, with an estimated average price of $53.29. The stock is now traded at around $53.14. The impact to a portfolio due to this purchase was 0.47%. The holding were 1,884,927 shares as of 2018-03-31.

Gates Capital Management, Inc. sold out a holding in Varian Medical Systems Inc. The sale prices were between $108.08 and $129.46, with an estimated average price of $119.22.

Gates Capital Management, Inc. sold out a holding in Lamb Weston Holdings Inc. The sale prices were between $53.51 and $60.32, with an estimated average price of $56.59.

Gates Capital Management, Inc. sold out a holding in Donnelley Financial Solutions Inc. The sale prices were between $16.87 and $22, with an estimated average price of $19.48.