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Gerdau S.A.

GGB
Exchange
NYSE
Industry
Steel Works, Blast Furnaces & Rolling & Finishing Mills
SEC CIK
0001073404

In the last 90 days, Gerdau S.A. insiders filed 0 open-market purchases and 5 sales; 213 institutions reported holding it in 13F filings for Q2 2026, worth $1.46B in total; no superinvestor holds it.

13F holders, Q2 2026

Institutional positions in Gerdau S.A. as of Jun 30, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
213
+21 vs. Q1 2026
Shares held
361.4M
+55.1M (+18.0%) vs. Q1 2026
Total value
$1.46B
+$357.9M (+32.4%) vs. Q1 2026
New holders
47
73 more added
Sold out
26
52 more reduced

2 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting GGB on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2026: 213 institutions
Q1 2021: 143 institutionsQ2 2021: 170 institutionsQ3 2021: 149 institutionsQ4 2021: 161 institutionsQ1 2022: 172 institutionsQ2 2022: 185 institutionsQ3 2022: 191 institutionsQ4 2022: 225 institutionsQ1 2023: 222 institutionsQ2 2023: 202 institutionsQ3 2023: 188 institutionsQ4 2023: 190 institutionsQ1 2024: 180 institutionsQ2 2024: 186 institutionsQ3 2024: 187 institutionsQ4 2024: 187 institutionsQ1 2025: 182 institutionsQ2 2025: 167 institutionsQ3 2025: 176 institutionsQ4 2025: 182 institutionsQ1 2026: 194 institutionsQ2 2026: 213 institutions
Value heldQ2 2026: $1.46B
Q1 2021: $1.37BQ2 2021: $1.60BQ3 2021: $1.21BQ4 2021: $1.15BQ1 2022: $1.51BQ2 2022: $992.8MQ3 2022: $1.01BQ4 2022: $1.56BQ1 2023: $1.50BQ2 2023: $1.44BQ3 2023: $1.33BQ4 2023: $1.33BQ1 2024: $1.18BQ2 2024: $1.07BQ3 2024: $1.12BQ4 2024: $934.4MQ1 2025: $879.7MQ2 2025: $890.0MQ3 2025: $1.02BQ4 2025: $1.17BQ1 2026: $1.11BQ2 2026: $1.46B
Institutions holding GGB and their total value by quarter
QuarterHoldersValue
Q2 2026213$1.46B
Q1 2026194$1.11B
Q4 2025182$1.17B
Q3 2025176$1.02B
Q2 2025167$890.0M
Q1 2025182$879.7M
Q4 2024187$934.4M
Q3 2024187$1.12B
Q2 2024186$1.07B
Q1 2024180$1.18B
Q4 2023190$1.33B
Q3 2023188$1.33B
Q2 2023202$1.44B
Q1 2023222$1.50B
Q4 2022225$1.56B
Q3 2022191$1.01B
Q2 2022185$992.8M
Q1 2022172$1.51B
Q4 2021161$1.15B
Q3 2021149$1.21B
Q2 2021170$1.60B
Q1 2021143$1.37B

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q1 2026.

Institutions holding GGB in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Acadian Asset Management LLC48,672,737$196.6M0.23%+35,631,834+273.2%Added
Capital World Investors26,902,473$108.7M0.01%−627,833−2.3%Reduced
UBS Asset Management Americas Inc25,745,217$104.0M0.02%+23,936,662+1,323.5%Added
Contrarian Capital Management, L.L.C.19,069,112$77.0M25.17%00.0%Unchanged
BlackRock, Inc.18,225,403$73.6M0.00%+7,372,520+67.9%Added
Donald Smith & Co., Inc.17,490,810$70.7M1.25%−6,649,773−27.5%Reduced
Aquamarine Financial (Cayman) Ltd16,726,171$67.6M3.73%00.0%Unchanged
Two Sigma Investments, LP15,383,237$62.1M0.05%−10,456,483−40.5%Reduced
Mackenzie Financial Corp14,638,321$59.1M0.06%+6,860,744+88.2%Added
Dimensional Fund Advisors LP11,394,004$46.1M0.01%−481,627−4.1%Reduced
FMR LLC10,392,607$42.0M0.00%+10,381,651+94,757.7%Added
SEI Investments Co9,218,764$37.2M0.03%+8,139,847+754.4%Added
Itau Unibanco Holding S.A.8,511,525$34.3M0.68%+2,302,893+37.1%Added
American Century Companies Inc7,238,674$29.2M0.01%+588,898+8.9%Added
Causeway Capital Management LLC7,229,538$29.2M0.32%+388,383+5.7%Added
Engineers Gate Manager LP7,010,275$28.3M0.37%+3,890,093+124.7%Added
Renaissance Technologies LLC6,902,124$27.9M0.04%−4,034,400−36.9%Reduced
Millennium Management LLC6,817,870$27.5M0.02%+4,045,793+145.9%Added
Massachusetts Financial Services Co5,353,619$21.7M0.01%+140,334+2.7%Added
Russell Investments Group, Ltd.5,233,642$21.6M0.02%+2,544,851+94.6%Added
Goldman Sachs Group Inc4,337,530$17.5M0.00%−6,656,589−60.5%Reduced
Assenagon Asset Management S.A.4,032,490$16.3M0.02%+4,032,490New
Morgan Stanley3,757,890$15.2M0.00%−3,742,945−49.9%Reduced
State Street Corp3,647,507$14.7M0.00%−52,792−1.4%Reduced
D. E. Shaw & Co., Inc.3,307,741$13.4M0.01%−5,409,547−62.1%Reduced
Citigroup Inc2,891,210$11.7M0.01%+1,965,799+212.4%Added
FIL Ltd2,748,696$11.1M0.01%+57,673+2.1%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.2,604,951$10.5M0.01%+517,882+24.8%Added
New York State Common Retirement Fund2,268,209$9.16M0.01%+1,173,625+107.2%Added
Dynamo Internacional Gestao de Recursos Ltda.2,109,474$8.52M3.61%+2,109,474New
BW Gestao de Investimentos Ltda.1,830,489$7.40M0.18%+1,830,489New
Man Group plc1,808,190$7.31M0.01%+298,423+19.8%Added
Schroder Investment Management Group1,728,069$7.14M0.01%+1,717,487+16,230.3%Added
Vanguard Capital Management LLC1,597,513$6.45M0.00%−422,774−20.9%Reduced
Marshall Wace, LLP1,579,741$6.38M0.01%+993,141+169.3%Added
Connor, Clark & Lunn Investment Management Ltd.1,550,335$6.26M0.01%+1,475,551+1,973.1%Added
Amundi1,506,748$6.09M0.00%+84,918+6.0%Added
Arrowstreet Capital, Limited Partnership1,494,272$6.04M0.00%+1,494,272New
Kapitalo Investimentos Ltda1,400,017$5.66M0.44%−1,264,141−47.4%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC1,379,015$5.57M0.01%−195,725−12.4%Reduced
Qube Research & Technologies Ltd1,304,436$5.27M0.01%−2,769,265−68.0%Reduced
UBS Group AG1,116,899$4.51M0.00%−1,117,051−50.0%Reduced
Capital International Sarl1,038,698$4.20M0.06%+84,043+8.8%Added
Northern Trust Corp995,664$4.02M0.00%−17,907−1.8%Reduced
HSBC Holdings PLC972,854$3.93M0.00%+115,518+13.5%Added
Point72 Asset Management, L.P.897,585$3.63M0.01%+17,152+1.9%Added
BNP Paribas Arbitrage, SA856,966$3.46M0.00%+675,708+372.8%Added
JPMorgan Chase & Co830,364$3.43M0.00%+586,823+241.0%Added
Creative Planning809,546$3.27M0.00%+203,623+33.6%Added
Banque Cantonale Vaudoise800,000$3.23M0.13%00.0%Unchanged
Van Eck Associates Corp799,999$3.23M0.00%+99,389+14.2%Added
BTG Pactual Asset Management US LLC785,688$3.18M0.24%+19,764+2.6%Added
AQR Capital Management LLC758,076$3.06M0.00%−342,403−31.1%Reduced
Legal & General Group Plc715,026$2.89M0.00%−125,602−14.9%Reduced
Employees Retirement System of Texas623,722$2.52M0.02%+623,722New
Nomura Asset Management International Inc.–$2.29M0.00%––
Navi International - Administradora e Gestora de Recursos Financeiros Ltda.550,000$2.22M1.57%00.0%Unchanged
Citadel Advisors LLC539,624$2.18M0.00%+440,043+441.9%Added
Capital International Ltd527,933$2.13M0.07%00.0%Unchanged
B. Metzler seel. Sohn & Co. AG522,135$2.11M0.02%+522,135New
Gsa Capital Partners LLP509,888$2.06M0.13%+128,798+33.8%Added
Public Employees Retirement System of Ohio498,302$2.01M0.01%+498,302New
HRT Financial LP464,537$1.88M0.00%+96,817+26.3%Added
Guggenheim Capital LLC457,498$1.85M0.01%+20,357+4.7%Added
Neuberger Berman Group LLC395,694$1.60M0.00%+154,480+64.0%Added
Invesco Ltd.370,592$1.50M0.00%−134,699−26.7%Reduced
Vanguard Fiduciary Trust Co365,955$1.48M0.00%00.0%Unchanged
Schonfeld Strategic Advisors LLC323,151$1.31M0.01%+142,756+79.1%Added
Diversified Trust Co289,331$1.17M0.02%+184,082+174.9%Added
Commonwealth Equity Services, LLC275,533$1.11M0.00%−8,329−2.9%Reduced
Bridgewater Associates, LP271,680$1.10M0.00%+223,506+464.0%Added
Quantbot Technologies LP258,389$1.04M0.04%−208,355−44.6%Reduced
Fisher Asset Management, LLC254,393$1.03M0.00%−71,666−22.0%Reduced
Capital International Inc210,637$851.0K0.01%00.0%Unchanged
Robeco Institutional Asset Management B.V.205,143$828.8K0.00%+69,769+51.5%Added
Bank of America Corp183,891$742.9K0.00%−13,038,732−98.6%Reduced
STRS Ohio181,390$732.8K0.00%−10,440−5.4%Reduced
Toroso Investments, LLC176,888$714.6K0.00%+3,292+1.9%Added
Squarepoint Ops LLC157,499$636.3K0.00%−159,775−50.4%Reduced
Vident Advisory, LLC157,382$635.8K0.00%−1,126−0.7%Reduced
Optiver Holding B.V.155,971$630.1K0.01%−1,010,177−86.6%Reduced
Daiwa Securities Group Inc.150,536$608.2K0.00%+12,000+8.7%Added
Integrated Wealth Concepts LLC136,038$549.6K0.00%+15,356+12.7%Added
Himension Fund128,587$519.5K0.03%+128,587New
Nykredit A/S128,321$518.4K0.00%+128,321New
Larch Capital Partners LLC125,136$505.5K0.07%−9,000−6.7%Reduced
Centiva Capital, LP124,519$503.1K0.02%−90,734−42.2%Reduced
Capital Group Investment Management Pte. Ltd.117,331$474.0K0.07%00.0%Unchanged
Ethic Inc.116,595$471.0K0.01%−122,329−51.2%Reduced
Aquatic Capital Management LLC104,372$421.7K0.01%−1,284,771−92.5%Reduced
Truist Financial Corp103,948$419.9K0.00%+500+0.5%Added
State of Wyoming92,772$374.8K0.04%+59,786+181.2%Added
Mitsubishi UFJ Trust & Banking Corp89,991$363.6K0.00%+61,000+210.4%Added
Stratos Wealth Partners, LTD.88,200$356.3K0.00%00.0%Unchanged
VPR Management LLC86,242$348.4K0.14%00.0%Unchanged
Sequoia Financial Advisors, LLC82,870$334.8K0.00%+6,376+8.3%Added
CenterBook Partners LP77,472$313.0K0.02%+77,472New
US Bancorp73,020$295.0K0.00%+62,664+605.1%Added
SG Americas Securities, LLC72,642$293.0K0.00%+42,342+139.7%Added
Crossmark Global Holdings, Inc.71,799$290.1K0.00%00.0%Unchanged