GILDAN ACTIVEWEAR INC GIL
COM · Common Stock · CUSIP 375916103 · ISIN CA3759161035
Canadian clothing company
- SectorConsumer discretionary
- IndustryApparel & Other Finishd Prods of Fabrics & Similar Matl
- HeadquartersMontreal, Canada
- Founded1984
- Websitegildan.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($12.2m this quarter). Holder counts are more reliable. Shares outstanding: 179.7m as of 2023-01-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $27.46. Options: 7 managers hold calls ($8.3m notional), 7 hold puts ($3.7m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 243 |
| Q4 2022 | 246 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $5.9m | $10.2m | 1.73 |
| Q4 2022 | $8.3m | $3.7m | 0.45 |
Biggest buyers
| Coliseum Capital Management, LLC | Added | +2.6m |
| NATIONAL BANK OF CANADA /FI/ | Added | +1.6m |
| BlackRock Inc. | Added | +1.0m |
| FMR LLC | Added | +991.7k |
| TURTLE CREEK ASSET MANAGEMENT INC. | Added | +604.3k |
| PRINCIPAL FINANCIAL GROUP INC | Added | +594.7k |
| MORGAN STANLEY | Added | +455.9k |
| Oakcliff Capital Partners, LP | New | +417.0k |
| CITADEL ADVISORS LLC | Added | +390.6k |
| COOKE & BIELER LP | Added | +271.0k |
Biggest sellers
| JANUS HENDERSON GROUP PLC | Reduced | -7.1m |
| MACKENZIE FINANCIAL CORP | Reduced | -1.9m |
| FIL Ltd | Reduced | -1.6m |
| BANK OF MONTREAL /CAN/ | Reduced | -1.2m |
| Galibier Capital Management Ltd. | Sold out | -1.1m |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | Sold out | -699.3k |
| PZENA INVESTMENT MANAGEMENT LLC | Reduced | -644.2k |
| JARISLOWSKY, FRASER Ltd | Reduced | -407.1k |
| Connor, Clark & Lunn Investment Management Ltd. | Sold out | -360.7k |
| UBS Group AG | Reduced | -271.8k |
Biggest calls
| BANK OF MONTREAL /CAN/ | New | $3.6m130.0k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $2.5m90.0k shares |
| SIG North Trading, ULC | Added | $1.6m59.8k shares |
| PEAK6 Investments LLC | Added | $465.8k17.0k shares |
| CITADEL ADVISORS LLC | Reduced | $76.7k2.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| ROYAL BANK OF CANADA | New | $2.7m100.0k shares |
| SIG North Trading, ULC | Reduced | $782.0k28.5k shares |
| CITADEL ADVISORS LLC | Reduced | $183.6k6.7k shares |
| GROUP ONE TRADING LLC | New | $8.2k300 shares |
| PEAK6 Investments LLC | Reduced | $2.7k100 shares |
| SIMPLEX TRADING, LLC | Reduced | $2.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| CAISSE DE DEPOT ET PLACEMENT DU QUEBEC 13G · passive investor +1.3 pts · filed 2026-08-14 | 6.3% |
| JARISLOWSKY, FRASER Ltd 13G · institution -0.8 pts · filed 2025-02-10 | 5.7% |
| JANUS HENDERSON GROUP PLC 13G · institution no change · filed 2026-05-15 | 5.7% |
| BlackRock, Inc. 13G · institution new · filed 2026-10-27 | 5.2% |
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| JARISLOWSKY, FRASER Ltd 2.41% of their portfolio | 13.5m $368.8m | Reduced -407.1k |
| PZENA INVESTMENT MANAGEMENT LLC 1.40% of their portfolio | 11.5m $315.5m | Reduced -644.2k |
| COOKE & BIELER LP 2.65% of their portfolio | 9.9m $270.3m | Added +271.0k |
| FMR LLC 0.02% of their portfolio | 7.9m $215.6m | Added +991.7k |
| JANUS HENDERSON GROUP PLC 0.14% of their portfolio | 7.2m $196.4m | Reduced -7.1m |
| VANGUARD GROUP INC 0.00% of their portfolio | 6.2m $169.9m | Reduced -148.7k |
| BROWNING WEST LP 30.41% of their portfolio | 6.0m $163.6m | Unchanged |
| Coliseum Capital Management, LLC 11.74% of their portfolio | 5.8m $157.6m | Added +2.6m |
| TURTLE CREEK ASSET MANAGEMENT INC. 4.54% of their portfolio | 4.7m $128.7m | Added +604.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.08% of their portfolio | 4.0m $109.5m | Added +594.7k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 3.4m $92.0m | Added +211.8k |
| Cardinal Capital Management, Inc. 4.04% of their portfolio | 2.6m $71.5m | Added +258.0k |
| NorthCoast Asset Management LLC 1.27% of their portfolio | 2.3m $63.7m | Reduced -78.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 2.3m $62.8m | Reduced -47.5k |
| GUARDIAN CAPITAL LP 1.83% of their portfolio | 2.0m $55.4m | Reduced -72.5k |
| NORGES BANK 0.01% of their portfolio | 2.0m $55.3m | Added +94.6k |
| NATIONAL BANK OF CANADA /FI/ 0.14% of their portfolio | 2.0m $53.6m | Added +1.6m |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 1.9m $54.2m | Reduced -1.2m |
| MACKENZIE FINANCIAL CORP 0.09% of their portfolio | 1.9m $52.1m | Reduced -1.9m |
| FIL Ltd 0.05% of their portfolio | 1.7m $45.3m | Reduced -1.6m |
| CIBC WORLD MARKET INC. 0.18% of their portfolio | 1.6m $44.6m | Added +48.0k |
| BANK OF NOVA SCOTIA 0.11% of their portfolio | 1.6m $42.8m | Added +18.1k |
| EdgePoint Investment Group Inc. 0.45% of their portfolio | 1.5m $41.9m | Unchanged |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 1.3m $35.0m | Reduced -26.2k |
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $35.0m | Added +455.9k |
| Scheer, Rowlett & Associates Investment Management Ltd. 2.86% of their portfolio | 1.3m $34.3m | Added +119.6k |
| TORONTO DOMINION BANK 0.05% of their portfolio | 1.2m $34.0m | Reduced -9.8k |
| SEGALL BRYANT & HAMILL, LLC 0.38% of their portfolio | 1.2m $34.0m | Reduced -72.2k |
| Alberta Investment Management Corp 0.30% of their portfolio | 1.2m $33.5m | Reduced -26.3k |
| BlackRock Inc. 0.00% of their portfolio | 1.2m $33.1m | Added +1.0m |
| GREENHAVEN ASSOCIATES INC 0.55% of their portfolio | 1.1m $30.8m | Added +177.2k |
| Clark Capital Management Group, Inc. 0.24% of their portfolio | 939.3k $25.7m | Added +129.5k |
| Legal & General Group Plc 0.01% of their portfolio | 935.8k $25.6m | Reduced -56.0k |
| Grandeur Peak Global Advisors, LLC 1.49% of their portfolio | 919.6k $25.2m | Reduced -27.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 890.1k $24.4m | Added +27.2k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 864.5k $23.7m | Added +80.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 779.3k $21.4m | Added +89.8k |
| Swiss National Bank 0.02% of their portfolio | 769.9k $21.1m | Reduced -71.2k |
| Marathon Asset Management Ltd 0.56% of their portfolio | 757.7k $20.7m | Reduced -11.4k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 724.3k $19.8m | Added +390.6k |
| Dixon Mitchell Investment Counsel Inc. 1.19% of their portfolio | 648.0k $17.7m | Added +22.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 633.0k $17.3m | Added +33.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 631.6k $17.8m | Reduced -6.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 631.3k $17.3m | Added +7.4k |
| Hudson Way Capital Management LLC 4.39% of their portfolio | 620.2k $17.0m | Reduced -180.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 608.8k $16.7m | Reduced -5.1k |
| TD Asset Management Inc 0.02% of their portfolio | 536.6k $14.7m | Reduced -63.7k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 457.9k $12.6m | Added +8.8k |
| Invesco Ltd. 0.00% of their portfolio | 434.5k $11.9m | Reduced -47.7k |
| Oakcliff Capital Partners, LP 8.52% of their portfolio | 417.0k $11.4m | New |
| Amundi 0.01% of their portfolio | 415.3k $12.6m | Added +65.9k |
| HARRIS ASSOCIATES L P 0.02% of their portfolio | 409.4k $11.2m | Unchanged |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 403.9k $11.1m | Added +55.1k |
| DAVIDSON INVESTMENT ADVISORS 0.83% of their portfolio | 388.9k $10.7m | Added +8.0k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 381.5k $10.4m | Reduced -24.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 373.2k $10.2m | Reduced -18.9k |
| Addenda Capital Inc. 0.53% of their portfolio | 332.3k $12.3m | Reduced -7.1k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 327.6k $9.0m | Reduced -234.5k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 317.9k $8.7m | Reduced -206 |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 314.7k $8.6m | Added +258.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% of their portfolio | 282.0k $7.7m | Added +21.2k |
| LAKEWOOD CAPITAL MANAGEMENT, LP 0.64% of their portfolio | 264.4k $7.2m | Added +72.0k |
| Fiera Capital Corp 0.02% of their portfolio | 252.9k $6.9m | Added +12.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 252.1k $6.9m | Added +520 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 226.1k $6.2m | Reduced -130.8k |
| TD Waterhouse Canada Inc. 0.09% of their portfolio | 221.9k $8.3m | Reduced -7.1k |
| LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE 2.01% of their portfolio | 217.8k $6.0m | Added +30.9k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 214.1k $5.9m | Reduced -1.7k |
| Cubist Systematic Strategies, LLC 0.05% of their portfolio | 213.0k $5.8m | Added +85.2k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 201.2k $5.5m | Added +179.3k |
| STRS OHIO 0.02% of their portfolio | 200.0k $5.5m | Unchanged |
| Federation des caisses Desjardins du Quebec 0.07% of their portfolio | 196.6k $5.7m | Added +6.1k |
| CIBC Asset Management Inc 0.02% of their portfolio | 187.3k $5.1m | Reduced -4.8k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 177.7k $4.9m | Reduced -104.3k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 169.7k $4.6m | Reduced -6.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 165.5k $4.5m | Added +889 |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 155.4k $4.3m | Reduced -400 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.05% of their portfolio | 153.1k $4.2m | Reduced -136.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 150.9k $4.1m | Added +30.8k |
| FORSTA AP-FONDEN 0.05% of their portfolio | 149.9k $4.1m | Added +53.2k |
| 1832 Asset Management L.P. 0.01% of their portfolio | 142.1k $3.9m | Reduced -9.4k |
| SCOTIA CAPITAL INC. 0.03% of their portfolio | 141.8k $3.9m | Added +97.1k |
| UBS Group AG 0.00% of their portfolio | 132.9k $3.6m | Reduced -271.8k |
| Pembroke Management, LTD 0.52% of their portfolio | 131.3k $4.9m | Added +2.0k |
| Man Group plc 0.01% of their portfolio | 124.8k $3.4m | Reduced -123.1k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 123.9k $3.4m | Reduced -7.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 121.9k $3.3m | Added +2.3k |
| Northwest & Ethical Investments L.P. 0.11% of their portfolio | 117.1k $3.2m | Added +24.2k |
| Achmea Investment Management B.V. 0.10% of their portfolio | 112.6k $2.9m | Reduced -14.6k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 111.8k $3.1m | Reduced -14.5k |
| PICTET ASSET MANAGEMENT SA 0.00% of their portfolio | 107.9k $3.0m | Added +30.1k |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 101.6k $2.8m | Added +5 |
| PRIMECAP MANAGEMENT CO/CA/ 0.00% of their portfolio | 99.4k $2.7m | Reduced -4.6k |
| Andra AP-fonden 0.11% of their portfolio | 98.1k $3.6m | Added +4.4k |
| GRATIA CAPITAL, LLC 5.92% of their portfolio | 96.9k $2.7m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 96.7k $2.6m | Reduced -12.4k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 92.8k $2.5m | Added +18.5k |
| Mn Services Vermogensbeheer B.V. 0.03% of their portfolio | 90.8k $2.5m | Reduced -13.1k |
| Cumberland Partners Ltd 0.26% of their portfolio | 88.7k $2.4m | Added +29.0k |
| Credential Qtrade Securities Inc. 0.16% of their portfolio | 83.8k $2.3m | Added +13.3k |