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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, Q1 2022

Institutional positions in Gerdau S.A. as of Mar 31, 2022. 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
172
+14 vs. Q4 2021
Shares held
234.5M
+711.7K (+0.3%) vs. Q4 2021
Total value
$1.51B
+$358.2M (+31.2%) vs. Q4 2021
New holders
35
65 more added
Sold out
21
44 more reduced

3 institutions that held it in Q4 2021 haven't filed for Q1 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2022: 172 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 heldQ1 2022: $1.51B
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, Q1 2022

Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q4 2021.

Institutions holding GGB in Q1 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Capital International Investors97,285,310$625.5M0.14%+168,323+0.2%Added
Contrarian Capital Management, L.L.C.22,531,222$144.9M19.44%−607,629−2.6%Reduced
Dimensional Fund Advisors LP11,042,661$71.0M0.02%+734,515+7.1%Added
Fisher Asset Management, LLC9,184,607$59.1M0.03%+614,373+7.2%Added
Deutsche Bank AG8,353,793$53.7M0.03%+1,732,700+26.2%Added
BlackRock Inc.6,870,777$44.2M0.00%+1,517,564+28.3%Added
Millennium Management LLC5,058,870$32.5M0.04%+1,578,180+45.3%Added
Vanguard Group Inc4,854,745$31.2M0.00%−369,160−7.1%Reduced
Morgan Stanley4,250,807$27.3M0.00%+1,353,249+46.7%Added
Renaissance Technologies LLC4,028,700$25.9M0.03%−2,152,500−34.8%Reduced
JPMorgan Chase & Co3,851,007$24.8M0.00%−302,170−7.3%Reduced
Itau Unibanco Holding S.A.3,135,108$20.2M0.61%−6,901,149−68.8%Reduced
State Street Corp3,026,108$19.5M0.00%−1,211,021−28.6%Reduced
Rockefeller Capital Management L.P.2,827,222$18.2M0.09%+284,732+11.2%Added
Bank of America Corp2,758,258$17.7M0.00%+2,415,672+705.1%Added
Capital International Inc2,684,869$17.3M0.19%+47,931+1.8%Added
Optiver Holding B.V.2,413,820$15.5M0.02%+362,639+17.7%Added
Goldman Sachs Group Inc2,324,630$14.9M0.00%+822,110+54.7%Added
Acadian Asset Management LLC2,209,835$14.2M0.06%+453,878+25.8%Added
Capital International Sarl1,679,418$10.8M0.54%−5,469−0.3%Reduced
AQR Capital Management LLC1,631,783$10.5M0.02%+1,419,567+668.9%Added
Canada Pension Plan Investment Board1,615,700$10.4M0.01%+1,615,700New
AMS Capital Ltda1,215,593$7.82M2.95%−791,237−39.4%Reduced
Credit Suisse AG1,211,505$7.79M0.01%+796,365+191.8%Added
Jane Street Group, LLC1,207,473$7.76M0.01%+336,710+38.7%Added
Van Eck Associates Corp1,151,695$7.41M0.02%+144,499+14.3%Added
Moneda S.A. Administradora General de Fondos1,101,225$7.08M3.36%+123,223+12.6%Added
Legal & General Group Plc866,618$5.57M0.00%00.0%Unchanged
Dynamo Administracao de Recursos Ltda.859,786$5.53M1.76%00.0%Unchanged
ExodusPoint Capital Management, LP852,318$5.48M0.08%−234,553−21.6%Reduced
Barings LLC824,679$5.30M0.16%−26,214−3.1%Reduced
Capital International Ltd823,498$5.29M0.30%00.0%Unchanged
Dynamo Internacional Gestao de Recursos Ltda.810,964$5.21M0.61%00.0%Unchanged
Deprince Race & Zollo Inc804,200$5.17M0.10%00.0%Unchanged
Citigroup Inc793,622$5.10M0.01%+499,539+169.9%Added
Susquehanna Fundamental Investments, LLC780,969$5.02M0.10%+652,600+508.4%Added
Jump Financial, LLC750,700$4.83M0.21%+37,400+5.2%Added
Thomas White International Ltd705,318$4.54M0.76%+698,961+10,995.1%Added
Parametric Portfolio Associates LLC700,362$4.50M0.00%+29,574+4.4%Added
Moneda USA, Inc.694,785$4.47M3.99%+694,785New
HSBC Holdings PLC631,492$4.06M0.01%+392,726+164.5%Added
Northern Trust Corp596,322$3.83M0.00%−26,803−4.3%Reduced
CoreCommodity Management, LLC567,707$3.65M0.80%+78,273+16.0%Added
Pinebridge Investments, L.P.513,688$3.30M0.04%−114,262−18.2%Reduced
Two Sigma Investments, LP491,010$3.16M0.01%−797,700−61.9%Reduced
SG Americas Securities, LLC490,320$3.15M0.03%+490,320New
Pendal Group Limited436,196$2.81M0.02%−69,969−13.8%Reduced
Invesco Ltd.412,233$2.65M0.00%−22,077−5.1%Reduced
Qtron Investments LLC407,155$2.62M0.59%+4,219+1.0%Added
Daiwa Securities Group Inc.397,300$2.56M0.02%+42,000+11.8%Added
Trexquant Investment LP372,585$2.40M0.11%+357,001+2,290.8%Added
Asset Management One Co.,Ltd.358,714$2.31M0.01%00.0%Unchanged
Kiwi Wealth Investments Limited Partnership351,400$2.26M0.12%+351,400New
SPX Equities Gestao de Recursos Ltda333,361$2.14M0.14%−3,047,939−90.1%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC333,300$2.14M0.01%+333,300New
Virtus ETF Advisers LLC331,734$2.13M0.95%+331,734New
Indus Capital Partners, LLC327,712$2.11M0.86%−1,218,430−78.8%Reduced
American Century Companies Inc320,968$2.06M0.00%+38,002+13.4%Added
Guggenheim Capital LLC310,105$1.99M0.01%+57,346+22.7%Added
Amundi293,946$1.81M0.00%00.0%Unchanged
AIA Group Ltd254,016$1.63M0.07%+202,447+392.6%Added
HighTower Advisors, LLC251,623$1.61M0.00%+251,623New
Barclays PLC247,763$1.59M0.00%−472−0.2%Reduced
MBB Public Markets I LLC235,000$1.51M0.03%−704,700−75.0%Reduced
Citadel Advisors LLC234,851$1.51M0.00%−1,671,429−87.7%Reduced
UBS Group AG213,247$1.37M0.00%+57,589+37.0%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.202,886$1.30M0.00%−11,314−5.3%Reduced
Voloridge Investment Management, LLC196,353$1.26M0.01%−398,431−67.0%Reduced
Wells Fargo & Company187,402$1.21M0.00%+160,973+609.1%Added
Simplex Trading, LLC147,464$948.0K0.03%+85,969+139.8%Added
Quantitative Investment Management, LLC146,798$943.0K0.10%+146,798New
Schroder Investment Management Group146,110$934.0K0.00%+106,985+273.4%Added
STRS Ohio144,000$925.0K0.00%00.0%Unchanged
Quantbot Technologies LP143,100$920.0K0.08%+143,100New
Susquehanna International Group, LLP132,426$852.0K0.00%−362,780−73.3%Reduced
Quadrature Capital Ltd130,196$837.0K0.03%+65,513+101.3%Added
Crossmark Global Holdings, Inc.127,173$817.0K0.02%+14,776+13.1%Added
Raymond James & Associates125,431$807.0K0.00%+74,615+146.8%Added
Fractal Investments LLC122,019$785.0K0.23%+76,800+169.8%Added
Bank of New York Mellon Corp120,578$775.0K0.00%+74,364+160.9%Added
Hennion & Walsh Asset Management, Inc.118,239$760.0K0.04%+72,992+161.3%Added
Mirae Asset Global Investments Co., Ltd.110,804$713.0K0.00%+5,392+5.1%Added
Thrivent Financial for Lutherans108,186$696.0K0.00%+108,186New
Massachusetts Financial Services Co106,957$688.0K0.00%+1,044+1.0%Added
Royal Bank of Canada103,653$667.0K0.00%−206,680−66.6%Reduced
Panagora Asset Management Inc102,350$658.0K0.00%+13,915+15.7%Added
Banque Cantonale Vaudoise100,000$643.0K0.03%+100,000New
Cubist Systematic Strategies, LLC97,750$629.0K0.01%−98,565−50.2%Reduced
Provida Pension Fund Administrator88,661$566.5K0.02%00.0%Unchanged
Profund Advisors LLC79,907$514.0K0.02%+1,877+2.4%Added
Edgestream Partners, L.P.76,635$493.0K0.04%+76,635New
BNP Paribas Arbitrage, SA76,235$490.2K0.00%−75,898−49.9%Reduced
Wellington Management Group LLP75,586$486.0K0.00%+75,586New
Stratos Wealth Partners, LTD.71,520$460.0K0.01%+10.0%Added
Kathmere Capital Management, LLC70,268$452.0K0.08%00.0%Unchanged
Two Sigma Advisers, LP60,000$386.0K0.00%+14,800+32.7%Added
Qube Research & Technologies Ltd54,990$354.0K0.00%−44,679−44.8%Reduced
Envestnet Asset Management Inc52,892$340.0K0.00%+25,222+91.2%Added
Truist Financial Corp52,778$339.0K0.00%+3,891+8.0%Added
CIBC World Markets Inc.50,500$325.0K0.00%00.0%Unchanged