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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, Q3 2021

Institutional positions in Gerdau S.A. as of Sep 30, 2021. 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
149
−20 vs. Q2 2021
Shares held
245.1M
−25.9M (−9.5%) vs. Q2 2021
Total value
$1.21B
−$392.8M (−24.6%) vs. Q2 2021
New holders
16
58 more added
Sold out
36
45 more reduced

1 institution that held it in Q2 2021 haven't filed for Q3 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2021: 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 holdersQ3 2021: 149 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 heldQ3 2021: $1.21B
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, Q3 2021

Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q2 2021.

Institutions holding GGB in Q3 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Capital International Investors96,816,400$476.3M0.11%−4,616,391−4.6%Reduced
Contrarian Capital Management, L.L.C.23,106,487$113.7M20.34%+2,458,611+11.9%Added
Bank of America Corp18,157,436$89.3M0.01%+7,330,954+67.7%Added
Dimensional Fund Advisors LP9,194,489$45.2M0.01%+1,299,676+16.5%Added
Fisher Asset Management, LLC8,547,472$42.1M0.03%−878,553−9.3%Reduced
BlackRock Inc.7,087,016$34.9M0.00%−10,018,206−58.6%Reduced
Renaissance Technologies LLC6,178,038$30.4M0.04%+123,238+2.0%Added
Two Sigma Investments, LP5,244,453$25.8M0.07%−2,061,531−28.2%Reduced
Vanguard Group Inc5,175,647$25.5M0.00%+83,729+1.6%Added
Itau Unibanco Holding S.A.4,439,290$21.8M1.17%+3,224,911+265.6%Added
State Street Corp4,342,084$21.6M0.00%−220,140−4.8%Reduced
Deutsche Bank AG4,041,500$19.9M0.01%+1,542,982+61.8%Added
AMS Capital Ltda3,505,864$17.2M3.90%+1,247,963+55.3%Added
SPX Equities Gestao de Recursos Ltda3,381,300$16.6M3.30%+2,761,400+445.5%Added
Millennium Management LLC3,374,902$16.6M0.02%−1,858,989−35.5%Reduced
JPMorgan Chase & Co3,139,332$15.4M0.00%−6,710,626−68.1%Reduced
Voloridge Investment Management, LLC2,659,128$13.1M0.08%−1,135,472−29.9%Reduced
Capital International Inc2,614,838$12.9M0.12%−56,030−2.1%Reduced
Arrowstreet Capital, Limited Partnership2,297,005$11.3M0.01%−6,246,085−73.1%Reduced
Acadian Asset Management LLC1,945,747$9.57M0.04%00.0%Unchanged
Pendal Group Limited1,852,666$9.12M0.08%−447,179−19.4%Reduced
Goldman Sachs Group Inc1,774,330$8.73M0.00%+1,349,084+317.2%Added
Morgan Stanley1,472,907$7.25M0.00%−6,812,141−82.2%Reduced
Capital International Sarl1,219,492$6.00M0.53%−209,953−14.7%Reduced
Jane Street Group, LLC1,136,349$5.59M0.01%+831,780+273.1%Added
Van Eck Associates Corp1,135,191$5.58M0.01%−523,084−31.5%Reduced
Rockefeller Capital Management L.P.1,001,537$4.93M0.03%+549,305+121.5%Added
Moneda S.A. Administradora General de Fondos984,415$4.84M2.73%−71,772−6.8%Reduced
Windsor Creek Advisors, LLC919,500$4.52M2.03%+235,600+34.4%Added
Canada Pension Plan Investment Board903,100$4.44M0.01%+903,100New
Dynamo Administracao de Recursos Ltda.881,986$4.34M1.42%00.0%Unchanged
Legal & General Group Plc866,618$4.26M0.00%00.0%Unchanged
Optiver Holding B.V.860,474$4.23M0.00%−295,956−25.6%Reduced
Barings LLC850,893$4.19M0.10%00.0%Unchanged
Capital International Ltd830,321$4.08M0.22%−15,143−1.8%Reduced
Dynamo Internacional Gestao de Recursos Ltda.810,964$3.99M0.40%00.0%Unchanged
Parametric Portfolio Associates LLC725,939$3.57M0.00%+66,422+10.1%Added
Pinebridge Investments, L.P.649,452$3.19M0.04%−194,979−23.1%Reduced
Panagora Asset Management Inc647,974$3.19M0.02%+201,696+45.2%Added
Northern Trust Corp595,185$2.93M0.00%−49,126−7.6%Reduced
Kiwi Wealth Investments Limited Partnership584,704$2.88M0.15%+59,798+11.4%Added
CoreCommodity Management, LLC573,896$2.82M0.79%+273,974+91.3%Added
US Bancorp477,943$2.35M0.00%+7,119+1.5%Added
Two Sigma Advisers, LP416,000$2.05M0.01%−1,200,600−74.3%Reduced
Qtron Investments LLC368,569$1.81M0.49%−30,477−7.6%Reduced
Royal Bank of Canada363,065$1.79M0.00%+139,868+62.7%Added
Credit Suisse AG358,576$1.76M0.00%−256,550−41.7%Reduced
Asset Management One Co.,Ltd.358,714$1.76M0.01%00.0%Unchanged
Invesco Ltd.354,200$1.74M0.00%+256,002+260.7%Added
HSBC Holdings PLC351,959$1.74M0.00%+55,425+18.7%Added
Daiwa Securities Group Inc.310,300$1.53M0.01%00.0%Unchanged
Ashmore Group plc296,514$1.46M0.30%+15,116+5.4%Added
Amundi293,946$1.45M0.00%00.0%Unchanged
Barclays PLC253,184$1.25M0.00%−74,558−22.7%Reduced
American Century Companies Inc235,175$1.16M0.00%+8,790+3.9%Added
E. Ohman J:or Asset Management AB225,000$1.11M0.03%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.214,400$1.05M0.00%−131,300−38.0%Reduced
Guggenheim Capital LLC177,610$874.0K0.01%+64,996+57.7%Added
Susquehanna International Group, LLP153,275$754.0K0.00%+55,231+56.3%Added
Newfoundland Capital Management150,000$749.0K0.71%00.0%Unchanged
Mirae Asset Global Investments Co., Ltd.150,117$738.0K0.00%+12,865+9.4%Added
Banco Bilbao Vizcaya Argentaria, S.A.143,618$723.0K0.01%+107,100+293.3%Added
STRS Ohio144,000$708.0K0.00%00.0%Unchanged
AQR Capital Management LLC131,859$649.0K0.00%+11,035+9.1%Added
Massachusetts Financial Services Co105,913$521.0K0.00%00.0%Unchanged
Driehaus Capital Management LLC105,716$520.0K0.01%+33,605+46.6%Added
Schonfeld Strategic Advisors LLC98,700$485.0K0.01%+31,600+47.1%Added
Envestnet Asset Management Inc95,003$467.0K0.00%−1,446−1.5%Reduced
Cubist Systematic Strategies, LLC90,811$447.0K0.01%−527,109−85.3%Reduced
Citadel Advisors LLC90,736$446.0K0.00%−87,073−49.0%Reduced
Provida Pension Fund Administrator88,661$422.0K0.02%00.0%Unchanged
Seven Eight Capital, LP83,800$412.0K0.04%+50,500+151.7%Added
Crossmark Global Holdings, Inc.79,463$391.0K0.01%+12,077+17.9%Added
Kiron Capital Gestao de Recursos Ltda.74,703$368.0K0.41%+500+0.7%Added
Profund Advisors LLC72,104$355.0K0.01%+2,842+4.1%Added
Stratos Wealth Partners, LTD.71,503$352.0K0.01%+30.0%Added
Kathmere Capital Management, LLC70,268$346.0K0.06%00.0%Unchanged
Citigroup Inc69,749$343.0K0.00%−1,886−2.6%Reduced
BNP Paribas Arbitrage, SA69,358$341.2K0.00%+39,324+130.9%Added
Quantitative Investment Management, LLC69,416$341.0K0.03%−111,405−61.6%Reduced
Susquehanna Fundamental Investments, LLC68,084$335.0K0.01%+68,084New
Group One Trading, L.P.65,495$322.0K0.01%+65,495New
Sumitomo Mitsui Trust Holdings, Inc.63,000$310.0K0.00%00.0%Unchanged
CIBC World Markets Inc.50,500$248.0K0.00%00.0%Unchanged
Raymond James & Associates45,589$224.0K0.00%+13,293+41.2%Added
LPL Financial LLC41,751$205.0K0.00%+5,324+14.6%Added
Mitsubishi UFJ Trust & Banking Corp41,179$203.0K0.00%+1,000+2.5%Added
Bayesian Capital Management, LP39,300$193.0K0.06%+39,300New
Schroder Investment Management Group39,125$192.0K0.00%−389,981−90.9%Reduced
UBS Group AG38,870$191.0K0.00%−59,538−60.5%Reduced
Truist Financial Corp38,858$191.0K0.00%+746+2.0%Added
Wells Fargo & Company38,299$188.0K0.00%−7,707−16.8%Reduced
Systematic Alpha Investments, LLC38,300$181.0K0.01%00.0%Unchanged
First Trust Advisors LP36,790$181.0K0.00%−1,075−2.8%Reduced
Credit Agricole S A33,000$162.0K0.01%00.0%Unchanged
Corient Capital Partners, LLC31,015$153.0K0.01%+8,772+39.4%Added
Jump Financial, LLC30,000$148.0K0.01%−123,511−80.5%Reduced
Cetera Investment Advisers28,016$138.0K0.00%−5,355−16.0%Reduced
NEXT Financial Group, Inc28,000$138.0K0.01%00.0%Unchanged
Stifel Financial Corp26,990$133.0K0.00%+26,990New