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 ($6.5m this quarter). Holder counts are more reliable. Shares outstanding: 170.0m as of 2023-12-31, 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 ≈ $28.07. Options: 8 managers hold calls ($5.0m notional), 3 hold puts ($341.3k).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 243 |
| Q4 2022 | 246 |
| Q1 2023 | 243 |
| Q2 2023 | 231 |
| Q3 2023 | 223 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 110 | 115 |
| Q1 2023 | 117 | 121 |
| Q2 2023 | 109 | 118 |
| Q3 2023 | 103 | 104 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $8.3m | $3.7m | 0.45 |
| Q1 2023 | $2.1m | $4.3m | 2.05 |
| Q2 2023 | $2.7m | $1.5m | 0.56 |
| Q3 2023 | $5.0m | $341.3k | 0.07 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +1.3m |
| Galibier Capital Management Ltd. | New | +932.4k |
| Coliseum Capital Management, LLC | Added | +779.2k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +524.7k |
| TURTLE CREEK ASSET MANAGEMENT INC. | Added | +472.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +303.7k |
| GOODNOW INVESTMENT GROUP, LLC | New | +294.8k |
| ROYAL BANK OF CANADA | Added | +275.9k |
| MORGAN STANLEY | Added | +242.8k |
| Russell Investments Group, Ltd. | Added | +197.0k |
Biggest sellers
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -3.6m |
| FMR LLC | Reduced | -751.2k |
| NorthCoast Asset Management LLC | Reduced | -635.9k |
| GREENHAVEN ASSOCIATES INC | Reduced | -484.1k |
| BlackRock Inc. | Reduced | -399.8k |
| Balyasny Asset Management L.P. | Sold out | -375.3k |
| MACKENZIE FINANCIAL CORP | Reduced | -359.0k |
| Crossmark Global Holdings, Inc. | Reduced | -341.8k |
| TD Waterhouse Canada Inc. | Reduced | -208.3k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -206.5k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $1.9m66.2k shares |
| SIG North Trading, ULC | Added | $1.7m61.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $596.6k21.3k shares |
| JANE STREET GROUP, LLC | New | $549.0k19.6k shares |
| ROYAL BANK OF CANADA | New | $280.0k10.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $36.0k1.3k shares |
| GROUP ONE TRADING LLC | Reduced | $2.8k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $277.3k9.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $64.0k2.3k 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 Q3 2023
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 Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| JARISLOWSKY, FRASER Ltd 2.28% of their portfolio | 12.5m $350.8m | Reduced -187.9k |
| Coliseum Capital Management, LLC 33.41% of their portfolio | 11.4m $320.5m | Added +779.2k |
| PZENA INVESTMENT MANAGEMENT LLC 1.32% of their portfolio | 11.0m $308.0m | Added +168.6k |
| COOKE & BIELER LP 2.70% of their portfolio | 9.9m $277.5m | Added +26.3k |
| FMR LLC 0.02% of their portfolio | 7.6m $212.8m | Reduced -751.2k |
| JANUS HENDERSON GROUP PLC 0.13% of their portfolio | 7.2m $202.0m | Added +3.3k |
| BROWNING WEST LP 26.70% of their portfolio | 6.6m $186.1m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 6.4m $179.3m | Added +97.9k |
| TURTLE CREEK ASSET MANAGEMENT INC. 4.58% of their portfolio | 5.7m $160.3m | Added +472.9k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 3.3m $92.7m | Added +275.9k |
| Cardinal Capital Management, Inc. 4.22% of their portfolio | 2.9m $81.1m | Added +69.6k |
| GUARDIAN CAPITAL LP 2.87% of their portfolio | 2.7m $77.1m | Added +84.7k |
| MACKENZIE FINANCIAL CORP 0.13% of their portfolio | 2.7m $74.4m | Reduced -359.0k |
| TORONTO DOMINION BANK 0.06% of their portfolio | 2.6m $72.8m | Added +123.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 2.5m $71.9m | Added +303.7k |
| NorthCoast Asset Management LLC 1.26% of their portfolio | 2.5m $70.2m | Reduced -635.9k |
| BlackRock Inc. 0.00% of their portfolio | 2.3m $64.1m | Reduced -399.8k |
| NORGES BANK 0.01% of their portfolio | 2.1m $58.4m | Added +34.3k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 1.7m $48.8m | Added +43.2k |
| NATIONAL BANK OF CANADA /FI/ 0.08% of their portfolio | 1.7m $46.6m | Added +6.0k |
| BANK OF NOVA SCOTIA 0.12% of their portfolio | 1.6m $44.2m | Reduced -13.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 1.5m $43.2m | Added +53.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.5m $42.8m | Added +1.3m |
| EdgePoint Investment Group Inc. 0.40% of their portfolio | 1.5m $41.5m | Unchanged |
| CIBC WORLD MARKET INC. 0.14% of their portfolio | 1.4m $38.7m | Reduced -68.4k |
| Scheer, Rowlett & Associates Investment Management Ltd. 2.98% of their portfolio | 1.3m $35.3m | Reduced -21.9k |
| SEGALL BRYANT & HAMILL, LLC 0.37% of their portfolio | 1.1m $31.7m | Reduced -51.9k |
| HARRIS ASSOCIATES L P 0.06% of their portfolio | 1.1m $30.9m | Added +28.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 961.9k $26.9m | Added +17.8k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 949.7k $26.6m | Reduced -8.8k |
| Galibier Capital Management Ltd. 5.84% of their portfolio | 932.4k $26.3m | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.14% of their portfolio | 926.0k $26.0m | Added +524.7k |
| Alberta Investment Management Corp 0.28% of their portfolio | 923.2k $26.0m | Added +109.3k |
| Hudson Way Capital Management LLC 4.89% of their portfolio | 887.7k $24.9m | Reduced -168.3k |
| Legal & General Group Plc 0.01% of their portfolio | 822.7k $23.2m | Reduced -56.1k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 725.8k $20.3m | Added +44.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 640.8k $18.0m | Reduced -3.6m |
| Marathon Asset Management Ltd 0.56% of their portfolio | 636.5k $17.9m | Reduced -97.8k |
| MORGAN STANLEY 0.00% of their portfolio | 633.2k $17.7m | Added +242.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 617.5k $17.3m | Added +8.8k |
| Oakcliff Capital Partners, LP 11.84% of their portfolio | 615.4k $17.2m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 614.3k $17.1m | Added +10.5k |
| TD Asset Management Inc 0.02% of their portfolio | 603.5k $17.0m | Reduced -14.1k |
| Swiss National Bank 0.01% of their portfolio | 597.1k $16.9m | Reduced -79.5k |
| GREENHAVEN ASSOCIATES INC 0.20% of their portfolio | 561.7k $15.7m | Reduced -484.1k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 546.7k $15.3m | Added +197.0k |
| DAVIDSON INVESTMENT ADVISORS 0.97% of their portfolio | 543.1k $15.2m | Added +10.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 540.4k $15.2m | Added +21.8k |
| MAKENA CAPITAL MANAGEMENT LLC 2.81% of their portfolio | 467.9k $13.1m | Added +137.9k |
| LAKEWOOD CAPITAL MANAGEMENT, LP 1.13% of their portfolio | 442.4k $12.4m | Added +100.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 422.5k $11.9m | Added +34.6k |
| Amundi 0.01% of their portfolio | 413.1k $12.1m | Added +16.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 379.4k $10.7m | Reduced -26.9k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 377.9k $10.6m | Added +3.5k |
| Federation des caisses Desjardins du Quebec 0.11% of their portfolio | 375.5k $10.5m | Reduced -13.8k |
| Grandeur Peak Global Advisors, LLC 0.67% of their portfolio | 315.2k $8.8m | Reduced -10.3k |
| GOODNOW INVESTMENT GROUP, LLC 1.39% of their portfolio | 294.8k $8.3m | New |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 293.4k $8.2m | Reduced -8.7k |
| Fiera Capital Corp 0.02% of their portfolio | 260.6k $7.3m | Reduced -88 |
| PRAGMA GESTAO DE PATRIMONIO LTD 4.07% of their portfolio | 240.0k $6.7m | Unchanged |
| KENNEDY CAPITAL MANAGEMENT LLC 0.16% of their portfolio | 238.3k $6.7m | Reduced -6.1k |
| LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE 1.36% of their portfolio | 220.1k $6.2m | Added +1.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 215.7k $6.0m | Added +37.1k |
| Addenda Capital Inc. 0.35% of their portfolio | 211.9k $8.1m | Added +1.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 209.5k $5.9m | Reduced -6.3k |
| GRATIA CAPITAL, LLC 7.73% of their portfolio | 204.9k $5.7m | Added +74.0k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 191.2k $5.4m | Reduced -15.9k |
| Pembroke Management, LTD 0.99% of their portfolio | 190.6k $7.3m | Reduced -4.5k |
| CIBC Asset Management Inc 0.02% of their portfolio | 180.5k $5.1m | Added +1.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 172.8k $4.8m | Reduced -11.0k |
| SCOTIA CAPITAL INC. 0.03% of their portfolio | 159.6k $4.5m | Added +13.8k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 146.2k $4.1m | New |
| Invesco Ltd. 0.00% of their portfolio | 135.5k $3.8m | Added +20.5k |
| 1832 Asset Management L.P. 0.01% of their portfolio | 134.3k $3.8m | Added +178 |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 134.1k $3.8m | Reduced -5.6k |
| Boston Partners 0.00% of their portfolio | 126.7k $3.5m | Added +56.6k |
| ARS Investment Partners, LLC 0.41% of their portfolio | 119.1k $3.3m | Reduced -635 |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 118.5k $3.3m | Reduced -39.4k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 116.8k $3.3m | Reduced -8.6k |
| Northwest & Ethical Investments L.P. 0.10% of their portfolio | 110.9k $3.1m | Reduced -45 |
| STRS OHIO 0.01% of their portfolio | 108.2k $3.0m | Added +98.2k |
| DekaBank Deutsche Girozentrale 0.01% of their portfolio | 105.2k $2.9m | Reduced -8.3k |
| AZZAD ASSET MANAGEMENT INC /ADV 0.41% of their portfolio | 104.3k $2.9m | Reduced -5.3k |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 103.2k $2.9m | Unchanged |
| INTACT INVESTMENT MANAGEMENT INC. 0.12% of their portfolio | 100.3k $2.8m | Added +28.3k |
| PRIMECAP MANAGEMENT CO/CA/ 0.00% of their portfolio | 99.0k $2.8m | Reduced -430 |
| NORTHERN TRUST CORP 0.00% of their portfolio | 98.6k $2.8m | Reduced -4.1k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.03% of their portfolio | 97.5k $2.7m | Added +4.0k |
| TODD ASSET MANAGEMENT LLC 0.06% of their portfolio | 97.5k $2.7m | Added +4.0k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 90.1k $2.5m | Added +22.0k |
| Mn Services Vermogensbeheer B.V. 0.02% of their portfolio | 85.7k $2.4m | Unchanged |
| Cumberland Partners Ltd 0.20% of their portfolio | 73.0k $2.1m | Reduced -7.0k |
| Anson Funds Management LP 0.58% of their portfolio | 70.0k $2.0m | Unchanged |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 69.2k $1.9m | First filing |
| Credential Qtrade Securities Inc. 0.13% of their portfolio | 68.0k $1.9m | Added +4.8k |
| Onex Canada Asset Management Inc. 0.14% of their portfolio | 65.3k $1.8m | New |
| VELA Investment Management, LLC 0.78% of their portfolio | 63.5k $1.8m | Added +7.8k |
| USS Investment Management Ltd 0.02% of their portfolio | 63.0k $1.8m | Added +3.0k |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.02% of their portfolio | 60.5k $1.7m | Added +23 |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 60.2k $1.7m | Added +2.1k |