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 2022
Institutional positions in Gerdau S.A. as of Dec 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
- 225
- +37 vs. Q3 2022
- Shares held
- 281.8M
- +57.9M (+25.9%) vs. Q3 2022
- Total value
- $1.56B
- +$547.8M (+54.1%) vs. Q3 2022
- New holders
- 61
- 79 more added
- Sold out
- 24
- 61 more reduced
3 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2022: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 213 | $1.46B |
| Q1 2026 | 194 | $1.11B |
| Q4 2025 | 182 | $1.17B |
| Q3 2025 | 176 | $1.02B |
| Q2 2025 | 167 | $890.0M |
| Q1 2025 | 182 | $879.7M |
| Q4 2024 | 187 | $934.4M |
| Q3 2024 | 187 | $1.12B |
| Q2 2024 | 186 | $1.07B |
| Q1 2024 | 180 | $1.18B |
| Q4 2023 | 190 | $1.33B |
| Q3 2023 | 188 | $1.33B |
| Q2 2023 | 202 | $1.44B |
| Q1 2023 | 222 | $1.50B |
| Q4 2022 | 225 | $1.56B |
| Q3 2022 | 191 | $1.01B |
| Q2 2022 | 185 | $992.8M |
| Q1 2022 | 172 | $1.51B |
| Q4 2021 | 161 | $1.15B |
| Q3 2021 | 149 | $1.21B |
| Q2 2021 | 170 | $1.60B |
| Q1 2021 | 143 | $1.37B |
Institutions, Q4 2022
Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q3 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital International Investors | 81,702,491 | $452.6M | 0.12% | +7,916,172+10.7% | Added |
| Acadian Asset Management LLC | 27,498,566 | $152.3M | 0.75% | +2,752,278+11.1% | Added |
| Arrowstreet Capital, Limited Partnership | 18,933,009 | $104.9M | 0.15% | +18,933,009 | New |
| Contrarian Capital Management, L.L.C. | 18,553,613 | $102.8M | 25.53% | −948,830−4.9% | Reduced |
| Dimensional Fund Advisors LP | 13,389,702 | $74.2M | 0.03% | +1,034,363+8.4% | Added |
| Millennium Management LLC | 11,283,774 | $62.5M | 0.07% | +10,402,297+1,180.1% | Added |
| Itau Unibanco Holding S.A. | 8,077,852 | $44.9M | 1.83% | −1,100,199−12.0% | Reduced |
| BlackRock Inc. | 6,175,407 | $34.2M | 0.00% | −1,040,239−14.4% | Reduced |
| Man Group plc | 5,326,059 | $29.5M | 0.11% | +3,454,564+184.6% | Added |
| Fisher Asset Management, LLC | 4,763,132 | $26.4M | 0.02% | −5,382,318−53.1% | Reduced |
| JPMorgan Chase & Co | 4,494,111 | $24.9M | 0.00% | +2,749,813+157.6% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 4,170,555 | $23.1M | 0.12% | +3,949,655+1,788.0% | Added |
| Two Sigma Investments, LP | 4,082,425 | $22.6M | 0.07% | +4,082,425 | New |
| Qube Research & Technologies Ltd | 3,986,199 | $22.1M | 0.13% | +3,940,206+8,567.0% | Added |
| Vanguard Group Inc | 3,439,896 | $19.1M | 0.00% | −1,049,443−23.4% | Reduced |
| Deutsche Bank AG | 3,358,475 | $18.6M | 0.01% | +589,284+21.3% | Added |
| New York State Common Retirement Fund | 3,253,731 | $18.0M | 0.02% | 00.0% | Unchanged |
| State Street Corp | 2,887,231 | $16.0M | 0.00% | +779,530+37.0% | Added |
| Rockefeller Capital Management L.P. | 2,765,314 | $15.3M | 0.08% | +17,576+0.6% | Added |
| Russell Investments Group, Ltd. | 2,700,737 | $15.1M | 0.03% | +1,837,313+212.8% | Added |
| Citadel Advisors LLC | 2,510,683 | $13.9M | 0.02% | +1,807,495+257.0% | Added |
| Renaissance Technologies LLC | 2,396,402 | $13.3M | 0.02% | −157,898−6.2% | Reduced |
| AQR Capital Management LLC | 2,255,349 | $12.5M | 0.03% | −2,490,387−52.5% | Reduced |
| SEI Investments Co | 1,700,651 | $9.42M | 0.02% | +197,240+13.1% | Added |
| Morgan Stanley | 1,629,185 | $9.03M | 0.00% | +231,029+16.5% | Added |
| Cubist Systematic Strategies, LLC | 1,621,894 | $8.99M | 0.08% | +1,433,951+763.0% | Added |
| Goldman Sachs Group Inc | 1,454,562 | $8.06M | 0.00% | +221,073+17.9% | Added |
| Moneda S.A. Administradora General de Fondos | 1,449,287 | $8.03M | 6.64% | +779,525+116.4% | Added |
| Capital International Inc | 1,114,710 | $6.18M | 0.13% | +81,896+7.9% | Added |
| American Century Companies Inc | 1,023,069 | $5.67M | 0.00% | +452,892+79.4% | Added |
| Emerging Variant Capital Management LP | 1,426,000 | $5.54M | 9.38% | +1,426,000 | New |
| Credit Suisse AG | 980,094 | $5.43M | 0.01% | −548,741−35.9% | Reduced |
| Citigroup Inc | 945,886 | $5.24M | 0.01% | −12,836−1.3% | Reduced |
| Amundi | 830,008 | $5.20M | 0.00% | 00.0% | Unchanged |
| Voloridge Investment Management, LLC | 929,087 | $5.15M | 0.03% | +929,087 | New |
| Two Sigma Advisers, LP | 907,200 | $5.03M | 0.01% | +660,800+268.2% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 874,088 | $4.84M | 0.03% | +349,720+66.7% | Added |
| Legal & General Group Plc | 866,618 | $4.80M | 0.00% | 00.0% | Unchanged |
| Trexquant Investment LP | 844,473 | $4.68M | 0.13% | +468,880+124.8% | Added |
| Van Eck Associates Corp | 807,365 | $4.47M | 0.01% | −33,744−4.0% | Reduced |
| Jump Financial, LLC | 776,406 | $4.30M | 0.23% | +776,406 | New |
| Moneda USA, Inc. | 730,384 | $4.05M | 6.38% | +120,887+19.8% | Added |
| Bank of America Corp | 691,171 | $3.83M | 0.00% | +481,203+229.2% | Added |
| Capital International Sarl | 627,356 | $3.48M | 0.24% | −440,538−41.3% | Reduced |
| Envestnet Asset Management Inc | 603,940 | $3.34M | 0.00% | −153,279−20.2% | Reduced |
| Asset Management One Co.,Ltd. | 589,455 | $3.31M | 0.02% | +230,741+64.3% | Added |
| Macquarie Group Ltd | 585,632 | $3.24M | 0.00% | 00.0% | Unchanged |
| Capital International Ltd | 578,495 | $3.20M | 0.22% | −76,392−11.7% | Reduced |
| Dynamic Technology Lab Private Ltd | 573,567 | $3.18M | 0.32% | +541,005+1,661.5% | Added |
| Todd Asset Management LLC | 524,800 | $2.91M | 0.07% | +524,800 | New |
| Teachers Retirement System of the State of Kentucky | 524,800 | $2.91M | 0.03% | +524,800 | New |
| HSBC Holdings PLC | 518,380 | $2.87M | 0.00% | −110,051−17.5% | Reduced |
| Northern Trust Corp | 508,429 | $2.82M | 0.00% | −33,527−6.2% | Reduced |
| Dorsey Wright & Associates | 487,622 | $2.70M | 0.79% | +487,622 | New |
| Principal Financial Group Inc | 458,890 | $2.54M | 0.00% | +6,485+1.4% | Added |
| Thomas White International Ltd | 452,287 | $2.51M | 0.55% | −95,240−17.4% | Reduced |
| Mackenzie Financial Corp | 446,587 | $2.47M | 0.00% | +446,587 | New |
| Kiwi Wealth Investments Limited Partnership | 429,172 | $2.38M | 0.16% | +82,461+23.8% | Added |
| Mirabella Financial Services LLP | 422,287 | $2.34M | 0.21% | +422,287 | New |
| Pinebridge Investments, L.P. | 395,027 | $2.19M | 0.03% | −100,863−20.3% | Reduced |
| Panagora Asset Management Inc | 393,708 | $2.18M | 0.01% | +368,840+1,483.2% | Added |
| Quadrature Capital Ltd | 394,148 | $2.18M | 0.06% | +394,148 | New |
| Schonfeld Strategic Advisors LLC | 390,800 | $2.17M | 0.02% | +390,800 | New |
| Thrivent Financial for Lutherans | 373,572 | $2.07M | 0.01% | +251,220+205.3% | Added |
| AXA S.A. | 365,770 | $2.03M | 0.01% | +337,613+1,199.0% | Added |
| Invesco Ltd. | 360,082 | $1.99M | 0.00% | −15,078−4.0% | Reduced |
| Quantbot Technologies LP | 359,806 | $1.99M | 0.14% | +287,517+397.7% | Added |
| Qtron Investments LLC | 317,791 | $1.76M | 0.37% | +8,050+2.6% | Added |
| Guggenheim Capital LLC | 317,646 | $1.76M | 0.02% | −12,343−3.7% | Reduced |
| Natixis Advisors, L.P. | 313,390 | $1.74M | 0.01% | −71,803−18.6% | Reduced |
| Edgestream Partners, L.P. | 301,596 | $1.67M | 0.19% | +301,596 | New |
| US Bancorp | 294,568 | $1.63M | 0.00% | −4,421−1.5% | Reduced |
| Barings LLC | 287,104 | $1.59M | 0.06% | 00.0% | Unchanged |
| Jane Street Group, LLC | 261,783 | $1.45M | 0.00% | −304,605−53.8% | Reduced |
| Pendal Group Limited | 252,293 | $1.40M | 0.01% | −156,037−38.2% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 250,891 | $1.39M | 0.09% | +42,503+20.4% | Added |
| Barclays PLC | 247,735 | $1.37M | 0.00% | 00.0% | Unchanged |
| Daiwa Securities Group Inc. | 242,300 | $1.34M | 0.01% | −32,000−11.7% | Reduced |
| Quantitative Investment Management, LLC | 237,791 | $1.32M | 0.25% | +237,791 | New |
| UBS Group AG | 223,244 | $1.24M | 0.00% | +143,678+180.6% | Added |
| Eqis Capital Management, Inc. | 213,947 | $1.19M | 0.13% | +213,947 | New |
| Wells Fargo & Company | 210,076 | $1.16M | 0.00% | +128,297+156.9% | Added |
| Two Sigma Securities, LLC | 204,727 | $1.13M | 0.16% | +150,516+277.6% | Added |
| Jenkins Wealth | 201,663 | $1.12M | 0.45% | +201,663 | New |
| Lifestyle Asset Management, Inc. | 187,325 | $1.04M | 0.83% | +187,325 | New |
| STRS Ohio | 176,000 | $975.0K | 0.00% | 00.0% | Unchanged |
| ARGA Investment Management, LP | 173,089 | $958.9K | 0.04% | +121,465+235.3% | Added |
| Neuberger Berman Group LLC | 171,016 | $947.4K | 0.00% | −4,545−2.6% | Reduced |
| AE Wealth Management LLC | 153,270 | $849.1K | 0.01% | +153,270 | New |
| CIBC World Markets Inc. | 151,718 | $841.0K | 0.00% | +101,164+200.1% | Added |
| Fractal Investments LLC | 148,419 | $822.2K | 0.20% | 00.0% | Unchanged |
| Diversified Trust Co | 144,338 | $800.0K | 0.03% | +86,874+151.2% | Added |
| Bank of New York Mellon Corp | 143,036 | $792.4K | 0.00% | −2,150−1.5% | Reduced |
| AIA Group Ltd | 140,357 | $777.6K | 0.05% | −103,859−42.5% | Reduced |
| Campbell & CO Investment Adviser LLC | 134,429 | $744.7K | 0.18% | +134,429 | New |
| Aquatic Capital Management LLC | 132,300 | $732.0K | 0.05% | +132,300 | New |
| Balyasny Asset Management LLC | 128,452 | $711.6K | 0.00% | +33,327+35.0% | Added |
| Stifel Financial Corp | 125,975 | $697.9K | 0.00% | +83,154+194.2% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 124,865 | $692.0K | 0.00% | +7,000+5.9% | Added |
| Crossmark Global Holdings, Inc. | 122,401 | $678.0K | 0.02% | −6,177−4.8% | Reduced |