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 ($41.7m 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 ≈ $47.05. Options: 8 managers hold calls ($3.5m notional), 9 hold puts ($15.3m).
Trends to Q4 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 |
| Q4 2024 | 330 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2024 | 165 | 138 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $10.9m | $6.8m | 0.62 |
| Q2 2024 | $10.5m | $4.0m | 0.38 |
| Q3 2024 | $7.1m | $18.7m | 2.65 |
| Q4 2024 | $3.5m | $15.3m | 4.41 |
Biggest buyers
| MACKENZIE FINANCIAL CORP | Added | +5.0m |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +1.6m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +1.3m |
| CIBC Asset Management Inc | Added | +1.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +724.0k |
| CITADEL ADVISORS LLC | Added | +575.5k |
| Bahl & Gaynor LLC | Added | +488.6k |
| MILLENNIUM MANAGEMENT LLC | Added | +458.7k |
| GOLDMAN SACHS GROUP INC | Added | +394.6k |
| MORGAN STANLEY | Added | +388.8k |
Biggest sellers
| BROWNING WEST LP | Reduced | -4.0m |
| FMR LLC | Reduced | -3.0m |
| JARISLOWSKY, FRASER Ltd | Reduced | -1.6m |
| Coliseum Capital Management, LLC | Reduced | -1.5m |
| Scheer, Rowlett & Associates Investment Management Ltd. | Sold out | -677.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -675.7k |
| PZENA INVESTMENT MANAGEMENT LLC | Sold out | -636.7k |
| COOKE & BIELER LP | Reduced | -576.4k |
| 1832 Asset Management L.P. | Reduced | -566.8k |
| TURTLE CREEK ASSET MANAGEMENT INC. | Reduced | -537.0k |
Biggest calls
| SIG North Trading, ULC | Reduced | $1.2m24.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $973.9k20.7k shares |
| CITADEL ADVISORS LLC | Reduced | $691.6k14.7k shares |
| SIMPLEX TRADING, LLC | Added | $249.0k5.3k shares |
| Walleye Trading LLC | Added | $164.7k3.5k shares |
| Walleye Capital LLC | Reduced | $150.6k3.2k shares |
| TORONTO DOMINION BANK | New | $61.1k1.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Genus Capital Management Inc. | Added | $12.9m274.1k shares |
| CITADEL ADVISORS LLC | Added | $814.0k17.3k shares |
| Walleye Trading LLC | Added | $503.4k10.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $475.2k10.1k shares |
| Walleye Capital LLC | New | $305.8k6.5k shares |
| TORONTO DOMINION BANK | New | $235.0k5.0k shares |
| SIMPLEX TRADING, LLC | New | $56.0k1.2k shares |
| GROUP ONE TRADING LLC | New | $4.7k100 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 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 Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| COOKE & BIELER LP 4.25% of their portfolio | 9.4m $440.9m | Reduced -576.4k |
| JARISLOWSKY, FRASER Ltd 2.41% of their portfolio | 8.8m $411.2m | Reduced -1.6m |
| MACKENZIE FINANCIAL CORP 0.17% of their portfolio | 8.0m $373.4m | Added +5.0m |
| JANUS HENDERSON GROUP PLC 0.17% of their portfolio | 7.0m $327.9m | Added +128.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 6.1m $286.3m | Reduced -323.9k |
| FMR LLC 0.02% of their portfolio | 5.9m $279.5m | Reduced -3.0m |
| BROWNING WEST LP 26.55% of their portfolio | 5.6m $265.0m | Reduced -4.0m |
| Coliseum Capital Management, LLC 17.26% of their portfolio | 4.5m $209.4m | Reduced -1.5m |
| Cardinal Capital Management, Inc. 4.49% of their portfolio | 2.8m $132.1m | Reduced -65.1k |
| TURTLE CREEK ASSET MANAGEMENT INC. 3.19% of their portfolio | 2.6m $122.6m | Reduced -537.0k |
| Simcoe Capital Management, LLC 16.51% of their portfolio | 2.4m $112.3m | Unchanged |
| NORGES BANK 0.01% of their portfolio | 2.1m $97.3m | Reduced -124.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.39% of their portfolio | 1.9m $87.0m | Added +1.6m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.07% of their portfolio | 1.8m $83.4m | Added +1.3m |
| EdgePoint Investment Group Inc. 0.64% of their portfolio | 1.7m $80.6m | Reduced -138.6k |
| NATIONAL BANK OF CANADA /FI/ 0.10% of their portfolio | 1.7m $78.6m | Added +272.6k |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 1.6m $76.4m | Added +89.1k |
| LAZARD ASSET MANAGEMENT LLC 0.10% of their portfolio | 1.5m $71.7m | Added +206.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.5m $70.7m | Added +112.9k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.60% of their portfolio | 1.4m $64.2m | Reduced -254.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.3m $59.1m | Added +394.6k |
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $58.9m | Added +388.8k |
| Alberta Investment Management Corp 0.39% of their portfolio | 1.2m $58.1m | Unchanged |
| CIBC Asset Management Inc 0.19% of their portfolio | 1.2m $57.4m | Added +1.0m |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 1.2m $55.2m | Added +228.1k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.2m $55.2m | Added +7.3k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 1.1m $49.9m | Added +575.5k |
| INTACT INVESTMENT MANAGEMENT INC. 1.74% of their portfolio | 1.1m $49.8m | Added +70.3k |
| CIBC WORLD MARKET INC. 0.11% of their portfolio | 981.3k $46.2m | Reduced -63.7k |
| Marathon Asset Management Ltd 1.22% of their portfolio | 930.4k $43.8m | Reduced -29.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 817.2k $38.4m | Added +724.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 814.1k $38.3m | Reduced -343.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 812.1k $38.2m | Reduced -675.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 791.2k $37.0m | Added +153.8k |
| TD Asset Management Inc 0.03% of their portfolio | 751.6k $35.4m | Added +74.8k |
| Bahl & Gaynor LLC 0.18% of their portfolio | 742.1k $34.9m | Added +488.6k |
| Legal & General Group Plc 0.01% of their portfolio | 632.2k $29.7m | Reduced -65.6k |
| Oakcliff Capital Partners, LP 14.72% of their portfolio | 611.7k $28.8m | Reduced -3.7k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 508.7k $23.9m | Reduced -14.3k |
| Hillsdale Investment Management Inc. 1.20% of their portfolio | 505.7k $23.8m | Added +268.8k |
| Man Group plc 0.07% of their portfolio | 490.0k $23.1m | Reduced -65.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 476.8k $22.4m | Reduced -85.2k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 466.3k $21.9m | Added +458.7k |
| SEGALL BRYANT & HAMILL, LLC 0.29% of their portfolio | 447.5k $21.1m | Added +16.6k |
| BANK OF NOVA SCOTIA 0.04% of their portfolio | 444.3k $20.9m | Reduced -276.9k |
| BlackRock, Inc. 0.00% of their portfolio | 437.5k $20.6m | Added +88.4k |
| DAVIDSON INVESTMENT ADVISORS 1.00% of their portfolio | 437.3k $20.6m | Added +5.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 435.7k $20.5m | Reduced -30.8k |
| Swiss National Bank 0.01% of their portfolio | 410.3k $19.3m | Reduced -40.7k |
| Ararat Capital Management LP 7.61% of their portfolio | 405.4k $19.1m | Added +2.3k |
| Hudson Way Capital Management LLC 2.10% of their portfolio | 395.3k $18.6m | Reduced -126.4k |
| Cannell & Spears LLC 0.36% of their portfolio | 368.9k $17.4m | Reduced -157.0k |
| GOODNOW INVESTMENT GROUP, LLC 1.68% of their portfolio | 363.3k $17.1m | Reduced -6.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 347.1k $16.3m | Added +40.4k |
| Boston Partners 0.02% of their portfolio | 291.3k $13.7m | Reduced -189.2k |
| UBS Group AG 0.00% of their portfolio | 290.6k $13.7m | Added +163.8k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 280.5k $13.2m | Reduced -158.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 272.5k $12.8m | Added +1.2k |
| Onex Canada Asset Management Inc. 1.53% of their portfolio | 271.0k $12.8m | Reduced -15.6k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 256.7k $12.1m | New |
| Fiera Capital Corp 0.04% of their portfolio | 255.8k $12.0m | Added +96 |
| TORONTO DOMINION BANK 0.02% of their portfolio | 255.7k $12.0m | Reduced -68.6k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 252.8k $11.9m | Reduced -213.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 251.9k $11.9m | Added +18.2k |
| Bridgewater Associates, LP 0.05% of their portfolio | 246.6k $11.6m | Added +126.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.03% of their portfolio | 245.9k $11.6m | Added +110.0k |
| LOUISBOURG INVESTMENTS INC. 2.89% of their portfolio | 234.1k $11.0m | Added +54.3k |
| LAKEWOOD CAPITAL MANAGEMENT, LP 1.02% of their portfolio | 231.0k $10.9m | Unchanged |
| Korea Investment CORP 0.02% of their portfolio | 221.6k $10.4m | Added +137.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 221.4k $10.4m | Added +10.9k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 220.4k $10.4m | Added +3.6k |
| TD Waterhouse Canada Inc. 0.08% of their portfolio | 220.2k $10.2m | Added +93.3k |
| MUFG SECURITIES (CANADA), LTD. 0.37% of their portfolio | 219.3k $10.3m | Added +85.1k |
| Addenda Capital Inc. 0.51% of their portfolio | 211.8k $14.3m | Reduced -1.6k |
| FIL Ltd 0.01% of their portfolio | 201.1k $9.5m | Added +191.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 181.9k $8.6m | Reduced -32.7k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.18% of their portfolio | 172.5k $8.1m | Reduced -5.7k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 164.0k $7.7m | Added +19.9k |
| MAKENA CAPITAL MANAGEMENT LLC 1.25% of their portfolio | 163.8k $7.7m | Reduced -43.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 163.1k $7.7m | Added +44.6k |
| Amundi 0.00% of their portfolio | 153.3k $7.2m | Reduced -15.9k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 147.3k $6.9m | Added +793 |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 147.3k $6.9m | Added +6.8k |
| RENAISSANCE GROUP LLC 0.29% of their portfolio | 147.0k $6.9m | Reduced -3.6k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 141.4k $6.7m | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 136.6k $6.4m | Reduced -7.1k |
| 1832 Asset Management L.P. 0.01% of their portfolio | 134.5k $6.3m | Reduced -566.8k |
| Invesco Ltd. 0.00% of their portfolio | 122.6k $5.8m | Reduced -4.4k |
| SEIZERT CAPITAL PARTNERS, LLC 0.24% of their portfolio | 112.5k $5.3m | Added +29.0k |
| Homestead Advisers Corp 0.12% of their portfolio | 102.7k $4.8m | Added +15.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 98.3k $4.6m | Reduced -4.9k |
| Cubist Systematic Strategies, LLC 0.08% of their portfolio | 98.1k $4.6m | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 94.2k $4.4m | Added +2.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 92.8k $4.4m | Added +21.8k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 91.1k $4.3m | New |
| APG Asset Management N.V. 0.01% of their portfolio | 90.3k $4.1m | New |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.03% of their portfolio | 89.5k $4.2m | Added +40.9k |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 86.5k $4.1m | Reduced -90 |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 84.6k $4.0m | Reduced -478.9k |
| SCOTIA CAPITAL INC. 0.02% of their portfolio | 82.0k $3.8m | Reduced -19.2k |