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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, Q4 2021

Institutional positions in Gerdau S.A. as of Dec 31, 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
161
+14 vs. Q3 2021
Shares held
234.7M
−10.1M (−4.1%) vs. Q3 2021
Total value
$1.15B
−$51.4M (−4.3%) vs. Q3 2021
New holders
33
55 more added
Sold out
19
45 more reduced

2 institutions that held it in Q3 2021 haven't filed for Q4 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2021: 161 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 heldQ4 2021: $1.15B
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, Q4 2021

Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q3 2021.

Institutions holding GGB in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Capital International Investors97,116,987$477.8M0.10%+300,587+0.3%Added
Contrarian Capital Management, L.L.C.23,138,851$113.8M19.72%+32,364+0.1%Added
Dimensional Fund Advisors LP10,308,146$50.7M0.02%+1,113,657+12.1%Added
Itau Unibanco Holding S.A.10,036,257$48.4M1.65%+5,596,967+126.1%Added
Fisher Asset Management, LLC8,570,234$42.2M0.02%+22,762+0.3%Added
Deutsche Bank AG6,621,093$32.6M0.01%+2,579,593+63.8%Added
Renaissance Technologies LLC6,181,200$30.4M0.04%+3,162+0.1%Added
BlackRock Inc.5,353,213$26.3M0.00%−1,733,803−24.5%Reduced
Vanguard Group Inc5,223,905$25.7M0.00%+48,258+0.9%Added
State Street Corp4,237,129$20.8M0.00%−104,955−2.4%Reduced
JPMorgan Chase & Co4,153,177$20.4M0.00%+1,013,845+32.3%Added
Millennium Management LLC3,480,690$17.1M0.02%+105,788+3.1%Added
SPX Equities Gestao de Recursos Ltda3,381,300$16.6M3.33%00.0%Unchanged
Morgan Stanley2,897,558$14.3M0.00%+1,424,651+96.7%Added
Capital International Inc2,636,938$13.0M0.12%+22,100+0.8%Added
Rockefeller Capital Management L.P.2,542,490$12.5M0.06%+1,540,953+153.9%Added
Optiver Holding B.V.2,051,181$10.1M0.01%+1,190,707+138.4%Added
AMS Capital Ltda2,006,830$9.87M2.21%−1,499,034−42.8%Reduced
Citadel Advisors LLC1,906,280$9.38M0.01%+1,815,544+2,000.9%Added
Acadian Asset Management LLC1,755,957$8.64M0.03%−189,790−9.8%Reduced
Capital International Sarl1,684,887$8.29M0.40%+465,395+38.2%Added
Indus Capital Partners, LLC1,546,142$7.61M1.85%+1,546,142New
Goldman Sachs Group Inc1,502,520$7.39M0.00%−271,810−15.3%Reduced
Two Sigma Investments, LP1,288,710$6.34M0.02%−3,955,743−75.4%Reduced
ExodusPoint Capital Management, LP1,086,871$5.35M0.07%+1,086,871New
Van Eck Associates Corp1,007,196$4.96M0.01%−127,995−11.3%Reduced
Moneda S.A. Administradora General de Fondos978,002$4.81M2.72%−6,413−0.7%Reduced
MBB Public Markets I LLC939,700$4.62M0.09%+939,700New
Jane Street Group, LLC870,763$4.28M0.01%−265,586−23.4%Reduced
Legal & General Group Plc866,618$4.26M0.00%00.0%Unchanged
Dynamo Administracao de Recursos Ltda.859,786$4.23M1.70%−22,200−2.5%Reduced
Barings LLC850,893$4.19M0.11%00.0%Unchanged
Capital International Ltd823,498$4.05M0.21%−6,823−0.8%Reduced
Dynamo Internacional Gestao de Recursos Ltda.810,964$3.99M0.41%00.0%Unchanged
Windsor Creek Advisors, LLC879,500$3.96M1.75%−40,000−4.4%Reduced
Deprince Race & Zollo Inc804,200$3.96M0.10%+804,200New
Jump Financial, LLC713,300$3.51M0.22%+683,300+2,277.7%Added
Parametric Portfolio Associates LLC670,788$3.30M0.00%−55,151−7.6%Reduced
Pinebridge Investments, L.P.627,950$3.09M0.03%−21,502−3.3%Reduced
Northern Trust Corp623,125$3.07M0.00%+27,940+4.7%Added
Voloridge Investment Management, LLC594,784$2.93M0.02%−2,064,344−77.6%Reduced
Connor, Clark & Lunn Investment Management Ltd.518,060$2.55M0.01%+518,060New
Pendal Group Limited506,165$2.49M0.02%−1,346,501−72.7%Reduced
Susquehanna International Group, LLP495,206$2.44M0.00%+341,931+223.1%Added
CoreCommodity Management, LLC489,434$2.41M0.66%−84,462−14.7%Reduced
Invesco Ltd.434,310$2.14M0.00%+80,110+22.6%Added
Credit Suisse AG415,140$2.04M0.00%+56,564+15.8%Added
Qtron Investments LLC402,936$1.98M0.45%+34,367+9.3%Added
Daiwa Securities Group Inc.355,300$1.75M0.01%+45,000+14.5%Added
Asset Management One Co.,Ltd.358,714$1.71M0.01%00.0%Unchanged
Bank of America Corp342,586$1.69M0.00%−17,814,850−98.1%Reduced
Royal Bank of Canada310,333$1.53M0.00%−52,732−14.5%Reduced
Amundi293,946$1.50M0.00%00.0%Unchanged
Citigroup Inc294,083$1.45M0.00%+224,334+321.6%Added
American Century Companies Inc282,966$1.39M0.00%+47,791+20.3%Added
Guggenheim Capital LLC252,759$1.24M0.01%+75,149+42.3%Added
Barclays PLC248,235$1.22M0.00%−4,949−2.0%Reduced
HSBC Holdings PLC238,766$1.17M0.00%−113,193−32.2%Reduced
E. Ohman J:or Asset Management AB225,000$1.11M0.03%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.214,200$1.05M0.00%−200−0.1%Reduced
AQR Capital Management LLC212,216$1.04M0.00%+80,357+60.9%Added
Balyasny Asset Management LLC199,533$982.0K0.00%+183,805+1,168.6%Added
Cubist Systematic Strategies, LLC196,315$966.0K0.01%+105,504+116.2%Added
UBS Group AG155,658$766.0K0.00%+116,788+300.5%Added
BNP Paribas Arbitrage, SA152,133$748.5K0.00%+82,775+119.3%Added
STRS Ohio144,000$708.0K0.00%00.0%Unchanged
Paloma Partners Management Co136,596$672.0K0.02%+136,596New
Susquehanna Fundamental Investments, LLC128,369$632.0K0.02%+60,285+88.5%Added
Dynamic Technology Lab Private Ltd127,487$627.0K0.07%+127,487New
Crossmark Global Holdings, Inc.112,397$553.0K0.01%+32,934+41.4%Added
Banco Bilbao Vizcaya Argentaria, S.A.110,818$538.0K0.01%−32,800−22.8%Reduced
Massachusetts Financial Services Co105,913$521.0K0.00%00.0%Unchanged
Mirae Asset Global Investments Co., Ltd.105,412$518.0K0.00%−44,705−29.8%Reduced
Qube Research & Technologies Ltd99,669$490.0K0.00%+99,669New
Panagora Asset Management Inc88,435$435.0K0.00%−559,539−86.4%Reduced
Provida Pension Fund Administrator88,661$434.0K0.02%00.0%Unchanged
Profund Advisors LLC78,030$384.0K0.01%+5,926+8.2%Added
Virtu Financial LLC74,672$367.0K0.04%+74,672New
Stratos Wealth Partners, LTD.71,519$352.0K0.01%+160.0%Added
Kathmere Capital Management, LLC70,268$346.0K0.06%00.0%Unchanged
Quadrature Capital Ltd64,683$318.0K0.02%+64,683New
Group One Trading, L.P.61,612$303.0K0.01%−3,883−5.9%Reduced
Simplex Trading, LLC61,495$302.0K0.01%+61,495New
Gsa Capital Partners LLP59,911$295.0K0.04%+59,911New
Sumitomo Mitsui Trust Holdings, Inc.55,500$273.0K0.00%−7,500−11.9%Reduced
AIA Group Ltd51,569$254.0K0.01%+51,569New
Raymond James & Associates50,816$250.0K0.00%+5,227+11.5%Added
CIBC World Markets Inc.50,500$248.0K0.00%00.0%Unchanged
Bayesian Capital Management, LP50,100$246.0K0.08%+10,800+27.5%Added
Cozad Asset Management Inc49,650$244.0K0.03%+49,650New
Truist Financial Corp48,887$241.0K0.00%+10,029+25.8%Added
NEXT Financial Group, Inc48,000$236.0K0.02%+20,000+71.4%Added
First Trust Advisors LP47,593$234.0K0.00%+10,803+29.4%Added
Bank of New York Mellon Corp46,214$228.0K0.00%+46,214New
US Bancorp45,192$223.0K0.00%−432,751−90.5%Reduced
Hennion & Walsh Asset Management, Inc.45,247$223.0K0.01%+45,247New
Two Sigma Advisers, LP45,200$222.0K0.00%−370,800−89.1%Reduced
Fractal Investments LLC45,219$222.0K0.08%+45,219New
Mitsubishi UFJ Trust & Banking Corp41,179$203.0K0.00%00.0%Unchanged
Schroder Investment Management Group39,125$192.0K0.00%00.0%Unchanged