Gates Capital Management Inc increased its stake in Kar Auction Svcs Inc (KAR) by 73.9% based on its latest 2019Q1 regulatory filing with the SEC. Gates Capital Management Inc bought 1.27M shares as the company’s stock rose 0.93% with the market. The hedge fund held 2.98 million shares of the consumer durables company at the end of 2019Q1, valued at $152.75M, up from 1.71M at the end of the previous reported quarter.