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 ($43.4m this quarter). Holder counts are more reliable. Shares outstanding: 152.4m as of 2024-12-29, 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 ≈ $47.16. Options: 10 managers hold calls ($7.1m notional), 8 hold puts ($18.7m).
Trends to Q3 2024
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 |
| Q4 2023 | 276 |
| Q1 2024 | 291 |
| Q2 2024 | 287 |
| Q3 2024 | 310 |
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 |
| Q4 2023 | 161 | 101 |
| Q1 2024 | 154 | 128 |
| Q2 2024 | 158 | 120 |
| Q3 2024 | 146 | 149 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $12.9m | $1.9m | 0.15 |
| Q1 2024 | $10.9m | $6.8m | 0.62 |
| Q2 2024 | $10.5m | $4.0m | 0.38 |
| Q3 2024 | $7.1m | $18.7m | 2.65 |
Biggest buyers
| 1832 Asset Management L.P. | Added | +549.7k |
| MACKENZIE FINANCIAL CORP | Added | +533.5k |
| LORD, ABBETT & CO. LLC | New | +515.0k |
| Waratah Capital Advisors Ltd. | New | +496.2k |
| LAZARD ASSET MANAGEMENT LLC | Added | +283.7k |
| BANK OF MONTREAL /CAN/ | Added | +270.6k |
| Bahl & Gaynor LLC | New | +253.5k |
| BANK OF AMERICA CORP /DE/ | Added | +243.0k |
| JANUS HENDERSON GROUP PLC | Added | +240.4k |
| Hillsdale Investment Management Inc. | New | +236.9k |
Biggest sellers
| Coliseum Capital Management, LLC | Reduced | -4.2m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -2.1m |
| Anson Funds Management LP | Reduced | -2.0m |
| FMR LLC | Reduced | -1.3m |
| TURTLE CREEK ASSET MANAGEMENT INC. | Reduced | -1.2m |
| PZENA INVESTMENT MANAGEMENT LLC | Reduced | -743.7k |
| JARISLOWSKY, FRASER Ltd | Reduced | -703.4k |
| SEGALL BRYANT & HAMILL, LLC | Reduced | -583.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -423.1k |
| Scheer, Rowlett & Associates Investment Management Ltd. | Reduced | -419.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.1m65.4k shares |
| SIG North Trading, ULC | Added | $1.8m38.7k shares |
| CITADEL ADVISORS LLC | Reduced | $1.1m23.8k shares |
| Walleye Capital LLC | New | $395.7k8.4k shares |
| PEAK6 Investments LLC | New | $306.2k6.5k shares |
| Walleye Trading LLC | New | $131.9k2.8k shares |
| BANK OF MONTREAL /CAN/ | New | $107.7k2.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $75.0k1.6k shares |
| GROUP ONE TRADING LLC | Unchanged | $14.1k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Genus Capital Management Inc. | Added | $12.7m270.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.7m78.8k shares |
| CITADEL ADVISORS LLC | Reduced | $753.8k16.0k shares |
| SIG North Trading, ULC | Added | $720.8k15.3k shares |
| JANE STREET GROUP, LLC | New | $428.7k9.1k shares |
| Walleye Trading LLC | New | $310.9k6.6k shares |
| BANK OF MONTREAL /CAN/ | New | $42.1k900 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 2024
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 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| JARISLOWSKY, FRASER Ltd 2.72% of their portfolio | 10.3m $486.7m | Reduced -703.4k |
| COOKE & BIELER LP 4.26% of their portfolio | 9.9m $468.6m | Reduced -306.5k |
| BROWNING WEST LP 43.41% of their portfolio | 9.6m $454.0m | Unchanged |
| FMR LLC 0.03% of their portfolio | 9.0m $421.5m | Reduced -1.3m |
| JANUS HENDERSON GROUP PLC 0.16% of their portfolio | 6.8m $322.3m | Added +240.4k |
| VANGUARD GROUP INC 0.01% of their portfolio | 6.4m $301.6m | Added +96.4k |
| Coliseum Capital Management, LLC 27.13% of their portfolio | 6.0m $280.6m | Reduced -4.2m |
| TURTLE CREEK ASSET MANAGEMENT INC. 3.55% of their portfolio | 3.1m $148.0m | Reduced -1.2m |
| MACKENZIE FINANCIAL CORP 0.20% of their portfolio | 3.1m $144.0m | Added +533.5k |
| Cardinal Capital Management, Inc. 5.59% of their portfolio | 2.9m $135.6m | Reduced -29.4k |
| Simcoe Capital Management, LLC 14.76% of their portfolio | 2.4m $112.5m | Added +226.7k |
| NORGES BANK 0.01% of their portfolio | 2.2m $103.3m | Added +25.6k |
| EdgePoint Investment Group Inc. 0.69% of their portfolio | 1.9m $87.2m | Reduced -10.2k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.68% of their portfolio | 1.6m $76.2m | Added +44.7k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 1.5m $72.0m | Added +270.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 1.5m $70.1m | Reduced -26.3k |
| NATIONAL BANK OF CANADA /FI/ 0.09% of their portfolio | 1.4m $65.7m | Reduced -323.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.4m $65.5m | Added +243.0k |
| LAZARD ASSET MANAGEMENT LLC 0.08% of their portfolio | 1.3m $62.0m | Added +283.7k |
| Alberta Investment Management Corp 0.50% of their portfolio | 1.2m $58.2m | Added +58.9k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.2m $54.9m | Added +17.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.2m $54.5m | Reduced -67.2k |
| CIBC WORLD MARKET INC. 0.11% of their portfolio | 1.0m $49.2m | Reduced -92.6k |
| INTACT INVESTMENT MANAGEMENT INC. 1.54% of their portfolio | 987.2k $46.5m | Added +106.2k |
| Marathon Asset Management Ltd 1.25% of their portfolio | 959.7k $45.2m | Reduced -19.8k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 945.1k $44.5m | Added +67.6k |
| MORGAN STANLEY 0.00% of their portfolio | 863.3k $40.7m | Added +81.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 862.3k $40.6m | Reduced -393.0k |
| BANK OF NOVA SCOTIA 0.07% of their portfolio | 721.2k $33.9m | Reduced -38.7k |
| 1832 Asset Management L.P. 0.06% of their portfolio | 701.2k $33.0m | Added +549.7k |
| Legal & General Group Plc 0.01% of their portfolio | 697.8k $32.9m | Reduced -4.3k |
| Scheer, Rowlett & Associates Investment Management Ltd. 2.22% of their portfolio | 677.8k $31.9m | Reduced -419.5k |
| TD Asset Management Inc 0.03% of their portfolio | 676.8k $31.8m | Reduced -1.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 637.4k $29.7m | Added +41.7k |
| PZENA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio | 636.7k $30.0m | Reduced -743.7k |
| Oakcliff Capital Partners, LP 14.58% of their portfolio | 615.4k $29.0m | Unchanged |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 563.5k $26.6m | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 562.0k $26.5m | Reduced -6.3k |
| Man Group plc 0.07% of their portfolio | 555.2k $26.2m | Reduced -21.2k |
| Cannell & Spears LLC 0.49% of their portfolio | 525.9k $24.8m | Added +7.4k |
| NATIXIS ADVISORS, LLC 0.05% of their portfolio | 523.0k $24.6m | Added +194.1k |
| Hudson Way Capital Management LLC 3.09% of their portfolio | 521.8k $24.6m | Reduced -322.8k |
| LORD, ABBETT & CO. LLC 0.08% of their portfolio | 515.0k $24.3m | New |
| Waratah Capital Advisors Ltd. 1.39% of their portfolio | 496.2k $23.4m | New |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 484.3k $22.8m | Added +156.2k |
| Boston Partners 0.03% of their portfolio | 480.5k $22.6m | Reduced -132.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 469.5k $22.1m | Reduced -2.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 466.5k $22.0m | Reduced -12.0k |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 466.5k $22.0m | Reduced -114.8k |
| Swiss National Bank 0.01% of their portfolio | 451.0k $21.3m | Reduced -4.6k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 438.5k $20.6m | Added +163.0k |
| DAVIDSON INVESTMENT ADVISORS 0.98% of their portfolio | 431.7k $20.3m | Reduced -149.7k |
| SEGALL BRYANT & HAMILL, LLC 0.28% of their portfolio | 430.9k $20.3m | Reduced -583.4k |
| HARRIS ASSOCIATES L P 0.03% of their portfolio | 416.5k $19.6m | Reduced -198.2k |
| Ararat Capital Management LP 6.55% of their portfolio | 403.1k $19.0m | Reduced -267.9k |
| GOODNOW INVESTMENT GROUP, LLC 1.85% of their portfolio | 369.4k $17.4m | Reduced -840 |
| BlackRock, Inc. 0.00% of their portfolio | 349.1k $16.4m | First filing |
| TORONTO DOMINION BANK 0.03% of their portfolio | 324.3k $15.3m | Reduced -20.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 306.7k $14.4m | Reduced -9.1k |
| Onex Canada Asset Management Inc. 1.59% of their portfolio | 286.7k $13.6m | Added +25.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 271.3k $12.8m | Added +80.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.06% of their portfolio | 262.9k $12.4m | Reduced -70.2k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 257.4k $12.1m | Added +65.4k |
| Fiera Capital Corp 0.04% of their portfolio | 255.7k $12.1m | Added +12.9k |
| Bahl & Gaynor LLC 0.06% of their portfolio | 253.5k $11.9m | New |
| Hillsdale Investment Management Inc. 0.86% of their portfolio | 236.9k $11.1m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 233.7k $11.0m | Added +68.4k |
| LAKEWOOD CAPITAL MANAGEMENT, LP 0.89% of their portfolio | 231.0k $10.9m | Reduced -346.3k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 216.8k $10.2m | Added +34.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 214.6k $10.1m | Reduced -423.1k |
| Addenda Capital Inc. 0.48% of their portfolio | 213.5k $13.6m | Added +987 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 210.5k $9.9m | Added +37.1k |
| MAKENA CAPITAL MANAGEMENT LLC 2.35% of their portfolio | 207.6k $9.8m | Reduced -148.1k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 198.6k $9.4m | Added +138.1k |
| CIBC Asset Management Inc 0.03% of their portfolio | 187.6k $8.8m | Reduced -20.6k |
| MUFG Securities EMEA plc 0.47% of their portfolio | 180.0k $11.5m | New |
| LOUISBOURG INVESTMENTS INC. 2.14% of their portfolio | 179.9k $8.5m | Reduced -20.8k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.19% of their portfolio | 178.2k $8.4m | Reduced -78.7k |
| Amundi 0.00% of their portfolio | 169.2k $8.0m | Reduced -28.3k |
| PRAGMA GESTAO DE PATRIMONIO LTD 3.78% of their portfolio | 155.0k $7.3m | Reduced -125.0k |
| RENAISSANCE GROUP LLC 0.29% of their portfolio | 150.6k $7.1m | New |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 146.5k $6.7m | Added +10.4k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 144.1k $6.8m | Added +21.9k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 143.7k $6.8m | Reduced -3.6k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 140.4k $6.6m | Added +65.7k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.02% of their portfolio | 135.9k $6.4m | Added +65.4k |
| MUFG SECURITIES (CANADA), LTD. 0.28% of their portfolio | 134.2k $6.3m | Added +45.0k |
| ARS Investment Partners, LLC 0.56% of their portfolio | 132.6k $6.2m | Reduced -8.8k |
| Invesco Ltd. 0.00% of their portfolio | 127.0k $6.0m | Added +4.7k |
| TD Waterhouse Canada Inc. 0.05% of their portfolio | 126.8k $5.8m | Added +64.8k |
| UBS Group AG 0.00% of their portfolio | 126.8k $6.0m | Reduced -27.1k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 125.2k $5.9m | Added +123.6k |
| Bridgewater Associates, LP 0.03% of their portfolio | 120.6k $5.7m | Added +55.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 118.5k $5.6m | Reduced -1.5k |
| AZZAD ASSET MANAGEMENT INC /ADV 0.58% of their portfolio | 109.9k $5.2m | Added +577 |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 103.2k $4.9m | Reduced -4.1k |
| SCOTIA CAPITAL INC. 0.02% of their portfolio | 101.1k $4.6m | Added +54.9k |
| PRIMECAP MANAGEMENT CO/CA/ 0.00% of their portfolio | 96.5k $4.5m | Reduced -500 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 93.2k $4.4m | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 92.1k $4.3m | Added +6.2k |