What smart money is saying about Gildan Activewear
2 funds in our archive have pitched Gildan Activewear, most recently Cooke & Bieler SMID Cap Value Equity Strategy in June 2026.
Gildan Activewear Inc. operates as a global producer and seller of a broad spectrum of clothing items, distributing its merchandise across the United States, North America, Europe, Asia-Pacific, and Latin America. The company offers an extensive array of activewear products, including various T-shirts, fleece tops and bottoms, and athletic shirts. These are marketed under prominent labels such as Gildan, Gildan Performance, Gildan Hammer, Comfort Colors, American Apparel, Alstyle, and GoldToe. In addition to activewear, Gildan provides a comprehensive line of hosiery. This category encompasses athletic, dress, casual, liner, therapeutic, and workwear socks, along with sheer pantyhose, tights, and leggings. These hosiery products are sold under numerous brand names, including Gildan, Under Armour, GoldToe, PowerSox, Signature Gold by Goldtoe, Peds, MediPeds, Therapy Plus, All Pro, Secret, Silks, Secret Silky, and American Apparel. Furthermore, Gildan manufactures underwear for men and boys, as well as women's panties, primarily under the Gildan and Gildan Platinum brands. Its product portfolio also extends to ladies' shapewear, intimate apparel, and accessories, which are offered through the Secret and Secret Silky labels. Gildan's products reach their end consumers via a diverse client base, including wholesale distributors, screen printers, embellishers, traditional retailers, and lifestyle brand companies. The enterprise, founded in 1946, was initially known as Textiles Gildan Inc. before officially changing its name to Gildan Activewear Inc. in March 1995. Its corporate headquarters are located in Montreal, Canada.
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Position history
Between Q1 2026 and Q3 2026, 9 fund letters reported a position in Gildan Activewear, with 1 buy (opened or added) and 1 sell (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 2 | 0 | 0 | 0 |
| Q2 2026 | 6 | 0 | 1 | 1 |
| Q1 2026 | 1 | 1 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 9 positions · 2 moves
- September 2026
“RB Global (RBA), a leading auction marketplace for salvaged vehicles and used construction, agricultural, mining, and transportation equipment, was the largest detractor. Sentiment deteriorated for RBA following its earnings report as investors were disappointed by lower than expected service revenue and EBITDA growth. Stalled margin improvement in the quarter was partly due to absorbing higher diesel costs as well as digesting acquired businesses and new organic wins. Management is focused on growing EBITDA faster than service revenue in scal 2027. RBA also aggressively repurchased shares in August after share price weakness and upsized its repurchase authorization by $500 million. Gildan Activewear (GIL), North America’s leading basic apparel manufacturer, was the second-largest detractor.”
Gildan Activewear - September 2026
Listed in Cooke & Bieler SMID Cap Value Equity’s reported holdings.
Gildan Activewear - ExitedMD SASS Concentrated ValueJune 2026
“During the quarter, we also exited our positions in Aon (AON), CBRE Group (CBRE), Danaher (DHR), Gildan Activewear (GIL), Quanta Services (PWR), and Synopsys (SNPS).”
Gildan Activewear - June 2026
Listed in Homestead Advisers Funds’s reported holdings.
Gildan Activewear - June 2026
“Health Care, Consumer Discretionary, and Industrials holdings such as CONMED, Gildan Activewear, and Armstrong World Industries also lagged their benchmark sector constituents.”
Gildan Activewear - June 2026
“Largest Detractors ConocoPhillips (COP), one of the largest international E&P companies with a scaled and well-diversied portfolio of assets, was the largest detractor. Easing geopolitical tension in June pushed oil prices lower, weighing on E&P stocks broadly. Still, COP continued to demonstrate strong capital discipline, returning excess cash to shareholders through buybacks and dividends. Free cash ow should grow further as spending on major LNG projects and Willow winds down in the coming years. Gildan Activewear (GIL), the largest basic apparel manufacturer, was the second-largest detractor.”
Gildan Activewear - June 2026
“Largest Detractors MarketAxess (MKTX), a leading operator of electronic xed income marketplaces with particular strength in corporate credit markets and international bond markets, was the largest detractor. Despite a favorable rst quarter earnings report, the stock sold o sharply amid fears that AI and tokenization might transform xed income markets and erode their competitive position. While MKTX faces robust competition from its larger peer Tradeweb Markets (TW) and privately held Trumid, we believe new technologies are more likely to benet existing players than displace them. Most bonds are still traded over the phone as market participants seek to limit information leakage and assess market sentiment. To the extent the industry migrates to AI-driven trading, these trades are almost certain to be executed electronically, accessing existing liquidity pools. On the other hand, tokenization, at least in its current form, oers more in the way of settlement and post trade eciencies than improved trading liquidity. White Mountains Insurance (WTM), a holding company that owns insurance and nancial services-related businesses, was the second-largest detractor. Shares were pressured after book value per share declined modestly during the quarter, as solid operating results were more than oset by mark-to- market losses on the company’s investment in MediaAlpha. Investor enthusiasm was further tempered by the absence of meaningful monetizations following the large Bamboo sale in 2025, while broader insurance sentiment weakened as investors favored more speculative areas of the market. Gildan Activewear (GIL), the largest basic apparel manufacturer, was the third-largest detractor.”
Gildan Activewear - June 2026
“Gildan Activewear (GIL), the largest basic apparel manufacturer, was the third-largest detractor.”
Gildan Activewear - New positionArtemis US Extended Alpha FundMarch 2026
“Gildan Activewear is a low cost, vertically integrated manufacturer of T-shirts and fleeces, which it supplies to wholesalers and direct to retailers. It has steadily increased its competitive cost advantage by reinvesting in its manufacturing capabilities. Its success has encouraged its competitors to leave the industry. Its recent acquisition of Hanesbrands adds scale, could generate cost synergies and could begin to unlock growth opportunities for a business that has historically been starved of investment.”
Gildan Activewear
Fund coverage · 2 theses
Gildan Activewear should benefit from accretive Hanesbrands synergies, strong sell-through, and market share gains despite integration concerns.
Read the full thesis- Artemis US Extended Alpha FundMarch 2026
Gildan Activewear is a low-cost, vertically integrated apparel maker expanding its cost advantage and scale with potential synergies from Hanesbrands.
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