Carmel Capital Management Acquires Stake in Garrett Motion
Carmel Capital Management L.L.C. acquired a new position in Garrett Motion (NASDAQ:GTX) by purchasing 314,750 shares valued at approximately $5.87 million in the first quarter of 2026. The stake now accounts for 1.6% of the fund’s assets under management and is valued at $5.72 million as of the quarter-end. The move highlights Carmel’s diversification into automotive technology, with Garrett Motion’s stock rising significantly over the past year.
Tickers: $GTX
Topics: Carmel Capital Management Garrett Motion portfolio changes stock purchases