Caisse de Depot Et Placement Du Quebec Adds $255M in Gildan Activewear Inc. ($GIL)
Key Points
- Caisse de Depot Et Placement Du Quebec changed its Gildan Activewear Inc. ($GIL) stake by 67.3% last quarter, boosting to 10,441,294 shares worth $634.62 million.
- $GIL last traded around $60.78.
Caisse de Depot Et Placement Du Quebec increased its position in Gildan Activewear Inc. ($GIL) by 67.3% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,441,294 shares of Gildan Activewear Inc. after buying 4,201,280 shares during the quarter. Caisse de Depot Et Placement Du Quebec's holdings in Gildan Activewear Inc. were worth $634.62 million as of its most recent filing.
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About Gildan Activewear Inc.
Gildan Activewear Inc. manufactures and sells various apparel products. The company provides various activewear products, including T-shirts, fleece tops and bottoms, sports shirts, polos, and tank tops under Gildan, Hanes, Gildan Performance, Gildan Hammer, Gildan Softstyle, Gildan Heavy Cotton, Gildan Ultra Cotton, Gildan DryBlend, Gildan HeavyBlend, Comfort Colors, American Apparel, ALLPRO, ComfortWash, BEEFY, Bonds and Champion brands. It also offers hosiery products comprising athletic, dress, casual and workwear socks, liner socks, and socks for therapeutic purposes under Gildan, GoldToe, Signature Gold by GoldToe, GoldToe Edition, Peds, MediPeds, Hanes, and Powersox brands. In addition, the company provides men's and boys' underwear products and ladies' panties under Gildan, Gildan Platinum, Gildan Softstyle, Gildan Performance, BareSoft, Gildan Performance, EZBreeze, Bonds, Berlei, Bras N Things, Polo Ralph Lauren brands. Further, it provides women's lingerie, bras and shapewear under Bali, Playtex, WonderBra, Maidenform, Bonds, Bras N Things, Berle brands. It sells its products to wholesale distributors, screenprinters, and embellishers in North America, Europe, the Asia-Pacific, and Latin America, as well as to retailers in North America, including mass merchants, department stores, national chains, specialty retailers, craft stores, and online retailers; and manufactures products for lifestyle brand companies. The company was formerly known as Textiles Gildan Inc. and changed its name to Gildan Activewear Inc. in March 1995. Gildan Activewear Inc. was founded in 1946 and is headquartered in Montreal, Canada.
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