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 ($31.7m 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 ≈ $44.38. Options: 9 managers hold calls ($8.1m notional), 7 hold puts ($4.5m).
Trends to Q1 2025
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 |
| Q1 2025 | 341 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q1 2025 | 166 | 157 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $10.5m | $4.0m | 0.38 |
| Q3 2024 | $7.1m | $18.7m | 2.65 |
| Q4 2024 | $3.5m | $15.3m | 4.41 |
| Q1 2025 | $8.1m | $4.5m | 0.56 |
Biggest buyers
| JANUS HENDERSON GROUP PLC | Added | +2.8m |
| FIL Ltd | Added | +1.7m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +1.2m |
| MORGAN STANLEY | Added | +799.6k |
| AMERIPRISE FINANCIAL INC | Added | +739.9k |
| D. E. Shaw & Co., Inc. | Added | +654.3k |
| GOLDMAN SACHS GROUP INC | Added | +503.4k |
| Alberta Investment Management Corp | Added | +354.2k |
| Forge First Asset Management Inc. | Added | +332.6k |
| BANK OF AMERICA CORP /DE/ | Added | +268.8k |
Biggest sellers
| MACKENZIE FINANCIAL CORP | Reduced | -5.3m |
| Coliseum Capital Management, LLC | Reduced | -2.7m |
| COOKE & BIELER LP | Reduced | -2.0m |
| JARISLOWSKY, FRASER Ltd | Reduced | -1.8m |
| FMR LLC | Reduced | -1.8m |
| TURTLE CREEK ASSET MANAGEMENT INC. | Reduced | -865.6k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -725.7k |
| Hudson Way Capital Management LLC | Sold out | -395.3k |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -289.6k |
| Man Group plc | Reduced | -225.0k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $5.7m129.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $906.5k20.5k shares |
| IMC-Chicago, LLC | New | $570.4k12.9k shares |
| SIG North Trading, ULC | Reduced | $477.6k10.8k shares |
| GROUP ONE TRADING LLC | New | $300.7k6.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $61.0k1.4k shares |
| NATIONAL BANK OF CANADA /FI/ | New | $39.8k9 shares |
| TORONTO DOMINION BANK | Reduced | $13.3k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| PEAK6 LLC | New | $2.4m55.4k shares |
| CITADEL ADVISORS LLC | Added | $1.4m32.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $221.1k5.0k shares |
| TORONTO DOMINION BANK | Unchanged | $221.1k5.0k shares |
| SIMPLEX TRADING, LLC | Added | $207.0k4.7k shares |
| GROUP ONE TRADING LLC | Unchanged | $4.4k100 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 Q1 2025
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 Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| JANUS HENDERSON GROUP PLC 0.24% of their portfolio | 9.8m $439.5m | Added +2.8m |
| COOKE & BIELER LP 3.27% of their portfolio | 7.4m $327.3m | Reduced -2.0m |
| JARISLOWSKY, FRASER Ltd 1.93% of their portfolio | 7.0m $307.8m | Reduced -1.8m |
| VANGUARD GROUP INC 0.00% of their portfolio | 6.1m $268.1m | Reduced -18.9k |
| BROWNING WEST LP 20.21% of their portfolio | 5.5m $241.4m | Reduced -173.6k |
| FMR LLC 0.01% of their portfolio | 4.2m $183.6m | Reduced -1.8m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.12% of their portfolio | 3.0m $131.6m | Added +1.2m |
| MACKENZIE FINANCIAL CORP 0.17% of their portfolio | 2.7m $121.1m | Reduced -5.3m |
| Cardinal Capital Management, Inc. 4.08% of their portfolio | 2.7m $120.0m | Reduced -98.7k |
| Simcoe Capital Management, LLC 17.31% of their portfolio | 2.2m $96.4m | Reduced -207.3k |
| NORGES BANK 0.01% of their portfolio | 2.1m $90.9m | Reduced -12.9k |
| MORGAN STANLEY 0.01% of their portfolio | 2.1m $90.7m | Added +799.6k |
| FIL Ltd 0.08% of their portfolio | 1.9m $82.9m | Added +1.7m |
| Coliseum Capital Management, LLC 6.59% of their portfolio | 1.8m $78.9m | Reduced -2.7m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.8m $78.3m | Added +268.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.8m $77.8m | Added +503.4k |
| TURTLE CREEK ASSET MANAGEMENT INC. 2.16% of their portfolio | 1.7m $76.9m | Reduced -865.6k |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 1.6m $71.4m | Reduced -10.5k |
| Alberta Investment Management Corp 0.48% of their portfolio | 1.6m $70.2m | Added +354.2k |
| EdgePoint Investment Group Inc. 0.54% of their portfolio | 1.5m $66.1m | Reduced -219.6k |
| LAZARD ASSET MANAGEMENT LLC 0.10% of their portfolio | 1.5m $65.2m | Reduced -47.8k |
| NATIONAL BANK OF CANADA /FI/ 0.07% of their portfolio | 1.4m $60.8m | Reduced -289.6k |
| CIBC Asset Management Inc 0.18% of their portfolio | 1.2m $54.2m | Added +7.9k |
| INTACT INVESTMENT MANAGEMENT INC. 1.81% of their portfolio | 1.2m $52.7m | Added +133.3k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.2m $51.8m | Reduced -2.2k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 1.2m $51.6m | Added +107.3k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.50% of their portfolio | 1.1m $50.4m | Reduced -224.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.22% of their portfolio | 1.1m $49.8m | Reduced -725.7k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 1.0m $45.9m | Reduced -136.2k |
| CIBC WORLD MARKET INC. 0.10% of their portfolio | 1.0m $45.1m | Added +37.9k |
| Bahl & Gaynor LLC 0.23% of their portfolio | 1.0m $44.6m | Added +266.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 942.3k $42.8m | Added +151.0k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 934.8k $41.3m | Added +654.3k |
| Marathon Asset Management Ltd 1.23% of their portfolio | 907.3k $40.3m | Reduced -23.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 906.2k $40.1m | Added +92.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 836.7k $37.0m | Added +19.5k |
| TD Asset Management Inc 0.03% of their portfolio | 749.7k $33.1m | Reduced -1.9k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 748.0k $33.1m | Added +739.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 740.2k $32.7m | Reduced -71.9k |
| Legal & General Group Plc 0.01% of their portfolio | 669.6k $29.6m | Added +37.4k |
| Oakcliff Capital Partners, LP 14.25% of their portfolio | 611.7k $27.0m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 502.8k $22.2m | Added +65.3k |
| Hillsdale Investment Management Inc. 1.11% of their portfolio | 494.7k $21.9m | Reduced -11.1k |
| BANK OF NOVA SCOTIA 0.05% of their portfolio | 463.6k $20.5m | Added +19.3k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 459.6k $20.3m | Added +202.9k |
| SEGALL BRYANT & HAMILL, LLC 0.31% of their portfolio | 456.6k $20.2m | Added +9.1k |
| DAVIDSON INVESTMENT ADVISORS 0.98% of their portfolio | 448.0k $19.8m | Added +10.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 433.6k $19.2m | Added +86.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 428.4k $18.9m | Reduced -48.4k |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 423.5k $18.7m | Reduced -85.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 408.2k $18.0m | Reduced -27.5k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 401.6k $17.8m | Reduced -64.7k |
| Swiss National Bank 0.01% of their portfolio | 390.1k $17.3m | Reduced -20.2k |
| Ararat Capital Management LP 8.41% of their portfolio | 388.6k $17.2m | Reduced -16.8k |
| Forge First Asset Management Inc. 7.43% of their portfolio | 379.2k $16.8m | Added +332.6k |
| Cannell & Spears LLC 0.34% of their portfolio | 360.6k $15.9m | Reduced -8.2k |
| Onex Canada Asset Management Inc. 1.62% of their portfolio | 284.8k $12.6m | Added +13.8k |
| GOODNOW INVESTMENT GROUP, LLC 1.29% of their portfolio | 270.5k $12.0m | Reduced -92.8k |
| Man Group plc 0.04% of their portfolio | 265.0k $11.7m | Reduced -225.0k |
| TORONTO DOMINION BANK 0.03% of their portfolio | 260.4k $11.5m | Added +4.7k |
| Fiera Capital Corp 0.04% of their portfolio | 255.8k $11.3m | Reduced -78 |
| Genus Capital Management Inc. 1.61% of their portfolio | 251.3k $11.1m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 250.2k $11.1m | Reduced -1.8k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.03% of their portfolio | 248.7k $11.0m | Added +2.8k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 247.4k $10.9m | Reduced -25.1k |
| MAKENA CAPITAL MANAGEMENT LLC 1.10% of their portfolio | 241.2k $10.7m | Added +77.4k |
| Cubist Systematic Strategies, LLC 0.13% of their portfolio | 229.6k $10.2m | Added +131.4k |
| TD Waterhouse Canada Inc. 0.08% of their portfolio | 222.9k $9.9m | Added +2.7k |
| Boston Partners 0.01% of their portfolio | 217.2k $9.6m | Reduced -74.1k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 216.2k $9.6m | Reduced -5.2k |
| MUFG SECURITIES (CANADA), LTD. 0.33% of their portfolio | 215.8k $9.5m | Reduced -3.5k |
| Addenda Capital Inc. 0.51% of their portfolio | 214.2k $13.7m | Added +2.4k |
| LAKEWOOD CAPITAL MANAGEMENT, LP 0.83% of their portfolio | 211.0k $9.3m | Reduced -20.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 202.3k $8.9m | Added +39.2k |
| Driehaus Capital Management LLC 0.08% of their portfolio | 192.0k $8.5m | New |
| SEI INVESTMENTS CO 0.01% of their portfolio | 191.9k $8.5m | Reduced -28.5k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 187.5k $8.3m | Reduced -65.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 186.6k $8.3m | Added +4.7k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 177.2k $7.8m | Added +29.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 172.3k $7.6m | Added +8.3k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.18% of their portfolio | 169.1k $7.5m | Reduced -3.3k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.05% of their portfolio | 168.5k $7.5m | Added +79.1k |
| Korea Investment CORP 0.02% of their portfolio | 164.9k $7.3m | Reduced -56.7k |
| LOUISBOURG INVESTMENTS INC. 1.96% of their portfolio | 162.7k $7.2m | Reduced -71.5k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.02% of their portfolio | 156.4k $6.9m | Added +113.3k |
| Bridgewater Associates, LP 0.03% of their portfolio | 138.8k $6.1m | Reduced -107.8k |
| Invesco Ltd. 0.00% of their portfolio | 137.6k $6.1m | Added +14.9k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 135.9k $6.0m | Reduced -11.4k |
| RENAISSANCE GROUP LLC 0.26% of their portfolio | 131.2k $5.8m | Reduced -15.8k |
| Amundi 0.00% of their portfolio | 126.4k $5.3m | Reduced -27.0k |
| 1832 Asset Management L.P. 0.01% of their portfolio | 123.7k $5.5m | Reduced -10.7k |
| Aptus Capital Advisors, LLC 0.06% of their portfolio | 123.6k $5.5m | New |
| Nuveen, LLC 0.00% of their portfolio | 122.9k $5.4m | First filing |
| Homestead Advisers Corp 0.13% of their portfolio | 118.3k $5.2m | Added +15.6k |
| UBS Group AG 0.00% of their portfolio | 115.7k $5.1m | Reduced -174.9k |
| SEIZERT CAPITAL PARTNERS, LLC 0.23% of their portfolio | 112.0k $5.0m | Reduced -488 |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 103.6k $4.6m | Added +12.5k |
| Federation des caisses Desjardins du Quebec 0.02% of their portfolio | 102.6k $4.5m | Added +23.4k |
| Triasima Portfolio Management inc. 0.89% of their portfolio | 101.8k $4.5m | Added +56.4k |
| Mitsubishi UFJ Trust & Banking Corp 0.01% of their portfolio | 98.3k $4.4m | Unchanged |