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: 185.2m as of 2025-12-28, 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 ≈ $55.73. Options: 11 managers hold calls ($47.4m notional), 9 hold puts ($15.6m).
Trends to Q1 2026
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 |
| Q2 2025 | 327 |
| Q3 2025 | 344 |
| Q4 2025 | 494 |
| Q1 2026 | 486 |
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 2024 | 158 | 120 |
| Q3 2024 | 146 | 149 |
| Q4 2024 | 165 | 138 |
| Q1 2025 | 166 | 157 |
| Q2 2025 | 150 | 170 |
| Q3 2025 | 201 | 134 |
| Q4 2025 | 341 | 110 |
| Q1 2026 | 194 | 249 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $7.0m | $5.2m | 0.74 |
| Q3 2025 | $13.4m | $10.2m | 0.76 |
| Q4 2025 | $122.2m | $73.5m | 0.60 |
| Q1 2026 | $47.4m | $15.6m | 0.33 |
Biggest buyers
| Caisse de depot et placement du Quebec | Added | +4.2m |
| Sachem Head Capital Management LP | New | +4.1m |
| Beutel, Goodman & Co Ltd. | New | +3.4m |
| Invesco Ltd. | Added | +1.5m |
| ROYAL BANK OF CANADA | Added | +1.2m |
| Rubric Capital Management LP | Added | +1.1m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +909.0k |
| FMR LLC | Added | +904.7k |
| PRINCIPAL FINANCIAL GROUP INC | Added | +778.6k |
| Qube Research & Technologies Ltd | Added | +714.5k |
Biggest sellers
| BRANDES INVESTMENT PARTNERS, LP | Sold out | -1.6m |
| FIL Ltd | Sold out | -1.5m |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -1.4m |
| Connor, Clark & Lunn Investment Management Ltd. | Sold out | -966.0k |
| COOKE & BIELER LP | Reduced | -949.0k |
| 1832 Asset Management L.P. | Reduced | -939.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -909.6k |
| Loews Corp | Sold out | -888.7k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Sold out | -857.4k |
| D. E. Shaw & Co., Inc. | Reduced | -693.8k |
Biggest calls
| GROUP ONE TRADING LLC | Reduced | $18.9m339.4k shares |
| TORONTO DOMINION BANK | Added | $11.9m213.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.2m110.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.6m64.9k shares |
| IMC-Chicago, LLC | Reduced | $3.1m55.6k shares |
| CITADEL ADVISORS LLC | Added | $1.5m27.4k shares |
| NATIONAL BANK OF CANADA /FI/ | Reduced | $940.8k169 shares |
| SIG North Trading, ULC | Reduced | $584.3k10.5k shares |
| Walleye Trading LLC | Reduced | $350.6k6.3k shares |
| JANE STREET GROUP, LLC | Reduced | $328.3k5.9k shares |
Biggest puts
| IMC-Chicago, LLC | Reduced | $3.5m62.0k shares |
| SIG North Trading, ULC | Added | $3.4m61.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.3m58.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.6m46.5k shares |
| CITADEL ADVISORS LLC | Reduced | $1.3m23.8k shares |
| GROUP ONE TRADING LLC | Reduced | $1.2m22.0k shares |
| TORONTO DOMINION BANK | Reduced | $334.2k6.0k shares |
| Walleye Trading LLC | Reduced | $33.4k600 shares |
| NATIONAL BANK OF CANADA /FI/ | Reduced | $5.6k1 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 2026
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 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| JANUS HENDERSON GROUP PLC 0.28% of their portfolio | 10.6m $589.5m | Added +98.1k |
| Caisse de depot et placement du Quebec 0.93% of their portfolio | 10.4m $579.6m | Added +4.2m |
| ROYAL BANK OF CANADA 0.07% of their portfolio | 6.9m $384.6m | Added +1.2m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.32% of their portfolio | 6.7m $373.1m | Added +909.0k |
| MACKENZIE FINANCIAL CORP 0.44% of their portfolio | 6.6m $366.6m | Reduced -276.7k |
| COOKE & BIELER LP 3.98% of their portfolio | 6.3m $351.9m | Reduced -949.0k |
| 1832 Asset Management L.P. 0.43% of their portfolio | 5.8m $324.7m | Reduced -939.5k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 5.0m $277.9m | First filing |
| BANK OF MONTREAL /CAN/ 0.11% of their portfolio | 4.9m $270.5m | Added +566.0k |
| FMR LLC 0.01% of their portfolio | 4.8m $267.1m | Added +904.7k |
| BROWNING WEST LP 14.38% of their portfolio | 4.2m $232.6m | Unchanged |
| Sachem Head Capital Management LP 5.55% of their portfolio | 4.1m $230.4m | New |
| Anomaly Capital Management, LP 12.14% of their portfolio | 3.6m $200.6m | Added +509.2k |
| Beutel, Goodman & Co Ltd. 1.29% of their portfolio | 3.4m $189.7m | New |
| Cardinal Capital Management, Inc. 3.87% of their portfolio | 2.6m $143.6m | Added +42.2k |
| MORGAN STANLEY 0.01% of their portfolio | 2.0m $112.3m | Added +13.0k |
| TD Waterhouse Canada Inc. 0.29% of their portfolio | 1.8m $99.3m | Added +558.7k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.8m $100.0m | Added +212.2k |
| Invesco Ltd. 0.01% of their portfolio | 1.7m $96.3m | Added +1.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.6m $91.4m | Reduced -191.4k |
| VANGUARD FIDUCIARY TRUST CO 0.02% of their portfolio | 1.6m $88.5m | First filing |
| Bahl & Gaynor LLC 0.44% of their portfolio | 1.6m $87.9m | Added +78.7k |
| NATIONAL BANK OF CANADA /FI/ 0.09% of their portfolio | 1.5m $85.3m | Added +221.1k |
| Simcoe Capital Management, LLC 15.77% of their portfolio | 1.5m $85.0m | Reduced -166.9k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.5m $84.4m | Reduced -433.7k |
| BCV Asset Management Inc. 2.85% of their portfolio | 1.5m $83.0m | Reduced -7.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.4m $78.9m | Reduced -32.6k |
| Rubric Capital Management LP 0.95% of their portfolio | 1.4m $77.7m | Added +1.1m |
| Cannell & Spears LLC 1.35% of their portfolio | 1.2m $69.1m | Added +55.6k |
| CIBC Asset Management Inc 0.17% of their portfolio | 1.2m $68.0m | Added +20.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 1.2m $67.1m | Added +778.6k |
| TD Asset Management Inc 0.05% of their portfolio | 1.2m $66.6m | Added +51.7k |
| GUARDIAN CAPITAL LP 1.76% of their portfolio | 1.2m $66.6m | Reduced -22.0k |
| CIBC WORLD MARKET INC. 0.11% of their portfolio | 1.1m $62.3m | Added +119.5k |
| UBS Group AG 0.01% of their portfolio | 1.1m $61.6m | Added +623.8k |
| INTACT INVESTMENT MANAGEMENT INC. 1.72% of their portfolio | 1.1m $60.4m | Reduced -1.2k |
| Alberta Investment Management Corp 0.34% of their portfolio | 996.7k $55.5m | Reduced -119.9k |
| PICTON MAHONEY ASSET MANAGEMENT 0.58% of their portfolio | 991.6k $55.2m | Reduced -135.0k |
| EdgePoint Investment Group Inc. 0.43% of their portfolio | 962.3k $53.6m | Unchanged |
| Legal & General Group Plc 0.01% of their portfolio | 917.1k $50.9m | Reduced -13.8k |
| Hudson Way Capital Management LLC 4.53% of their portfolio | 852.1k $47.4m | Reduced -538.8k |
| TURTLE CREEK ASSET MANAGEMENT INC. 1.70% of their portfolio | 817.8k $45.5m | Reduced -269.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 813.7k $43.7m | Added +132.2k |
| Federation des caisses Desjardins du Quebec 0.15% of their portfolio | 780.3k $42.4m | Added +496.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 773.3k $59.9m | Added +174.2k |
| Marathon Asset Management Ltd 1.59% of their portfolio | 742.1k $41.4m | Reduced -2.7k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 732.1k $40.7m | Added +714.5k |
| Vanguard Global Advisers, LLC 0.02% of their portfolio | 726.1k $40.4m | First filing |
| Oakcliff Capital Partners, LP 16.74% of their portfolio | 681.7k $37.9m | Unchanged |
| NEW SOUTH CAPITAL MANAGEMENT INC 1.67% of their portfolio | 624.6k $34.8m | Reduced -60.8k |
| Swiss National Bank 0.02% of their portfolio | 592.1k $32.9m | Added +125.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 576.6k $32.1m | Added +43.7k |
| BANK OF NOVA SCOTIA 0.05% of their portfolio | 543.6k $30.3m | Added +149.9k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.55% of their portfolio | 537.8k $29.9m | Reduced -52.4k |
| LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio | 531.2k $29.6m | Reduced -1.4m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 524.8k $29.1m | Added +3.7k |
| Ceredex Value Advisors LLC 0.84% of their portfolio | 481.6k $26.8m | Added +44.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 477.9k $26.6m | Added +4.4k |
| TORONTO DOMINION BANK 0.05% of their portfolio | 457.7k $25.5m | Reduced -15.9k |
| BlackRock, Inc. 0.00% of their portfolio | 446.7k $24.9m | Added +168.8k |
| DAVIDSON INVESTMENT ADVISORS 1.06% of their portfolio | 439.6k $24.5m | Reduced -18.3k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 419.2k $23.3m | Reduced -909.6k |
| SEGALL BRYANT & HAMILL, LLC 0.33% of their portfolio | 414.2k $23.0m | Reduced -52.7k |
| M.D. Sass, LLC 1.67% of their portfolio | 396.5k $22.1m | New |
| Azimuth Capital Investment Management LLC 0.77% of their portfolio | 369.3k $20.5m | Added +166.5k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 367.2k $20.4m | Reduced -543.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 346.9k $19.3m | Reduced -17.1k |
| Cumberland Partners Ltd 1.37% of their portfolio | 325.2k $18.1m | Added +302.1k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 307.1k $17.1m | Reduced -98.4k |
| GOODNOW INVESTMENT GROUP, LLC 1.83% of their portfolio | 300.7k $16.7m | Reduced -43.2k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 300.6k $16.7m | Added +60.1k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.01% of their portfolio | 286.4k $16.0m | First filing |
| BARINGTON COMPANIES MANAGEMENT, LLC 12.88% of their portfolio | 285.0k $15.9m | Added +29.8k |
| Mediolanum International Funds Ltd 0.16% of their portfolio | 279.5k $15.0m | Reduced -30.5k |
| MUFG SECURITIES (CANADA), LTD. 0.44% of their portfolio | 274.7k $15.3m | Reduced -7.3k |
| Amundi 0.00% of their portfolio | 268.5k $14.9m | Reduced -191.6k |
| Scheer, Rowlett & Associates Investment Management Ltd. 1.03% of their portfolio | 258.3k $14.4m | Reduced -10.2k |
| Public Sector Pension Investment Board 0.04% of their portfolio | 247.9k $13.8m | Added +39.0k |
| Ararat Capital Management LP 7.71% of their portfolio | 246.1k $13.7m | Added +68.2k |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.21% of their portfolio | 244.3k $13.6m | Reduced -1.6k |
| Polymer Capital Management (HK) LTD 1.87% of their portfolio | 239.4k $13.3m | Added +155.5k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 238.7k $13.3m | Added +187.4k |
| Hodges Capital Management Inc. 1.09% of their portfolio | 236.3k $13.2m | Added +31.2k |
| BW Gestao de Investimentos Ltda. 0.56% of their portfolio | 224.4k $12.5m | Added +158.5k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 222.6k $12.0m | Reduced -6.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 218.4k $12.2m | Added +38.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 210.9k $11.7m | Reduced -10.1k |
| NewGen Asset Management Ltd 6.85% of their portfolio | 202.6k $11.3m | Added +103.8k |
| Fenimore Asset Management Inc 0.25% of their portfolio | 200.7k $11.2m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 200.6k $11.2m | Reduced -183.3k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 198.1k $11.0m | Reduced -1.6k |
| Addenda Capital Inc. 0.42% of their portfolio | 193.7k $15.1m | Added +1.8k |
| Artemis Investment Management LLP 0.11% of their portfolio | 178.0k $9.9m | New |
| AGF MANAGEMENT LTD 0.04% of their portfolio | 169.5k $9.4m | Added +65.7k |
| Aptus Capital Advisors, LLC 0.07% of their portfolio | 158.6k $8.8m | Added +1.5k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.05% of their portfolio | 156.9k $8.7m | Added +59.8k |
| LOUISBOURG INVESTMENTS INC. 1.63% of their portfolio | 155.5k $8.6m | Added +9.6k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 153.7k $8.6m | Reduced -362.0k |
| Onex Canada Asset Management Inc. 1.38% of their portfolio | 149.5k $8.3m | Reduced -86.3k |
| Nuveen, LLC 0.00% of their portfolio | 147.2k $8.2m | Added +6.7k |