Scott Ferguson's Sachem Head reduced its position in Gildan Activewear by 12.08%, selling approximately 500,000 shares. The fund's stake decreased from 4.14 million to 3.64 million shares. According to its latest 13F filing, which reflects holdings as of June 30, 2026, the reported value of Sachem Head's holding in the apparel manufacturer fell from $230.39 million to $187.82 million.
This information comes from a delayed quarterly disclosure and does not represent a same-day trade. The adjustment lowered Gildan's weight in Sachem Head's reported portfolio from 5.55% to 3.90% during the second quarter.