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 2023
Institutional positions in Gerdau S.A. as of Mar 31, 2023. 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
- 222
- +1 vs. Q4 2022
- Shares held
- 297.9M
- +17.9M (+6.4%) vs. Q4 2022
- Total value
- $1.50B
- −$53.9M (−3.5%) vs. Q4 2022
- New holders
- 28
- 133 more added
- Sold out
- 27
- 59 more reduced
4 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2023
Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q4 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital International Investors | 95,368,667 | $470.2M | 0.12% | +13,666,176+16.7% | Added |
| Acadian Asset Management LLC | 27,532,712 | $135.7M | 0.59% | +34,146+0.1% | Added |
| Contrarian Capital Management, L.L.C. | 17,978,551 | $88.6M | 22.91% | −575,062−3.1% | Reduced |
| Arrowstreet Capital, Limited Partnership | 15,387,904 | $75.9M | 0.10% | −3,545,105−18.7% | Reduced |
| Dimensional Fund Advisors LP | 14,261,445 | $70.3M | 0.02% | +871,743+6.5% | Added |
| Itau Unibanco Holding S.A. | 7,380,666 | $35.6M | 1.79% | −697,186−8.6% | Reduced |
| Causeway Capital Management LLC | 7,063,831 | $34.8M | 0.84% | +7,063,831 | New |
| Man Group plc | – | $33.3M | 0.12% | – | – |
| Grantham, Mayo, Van Otterloo & Co. LLC | 6,747,867 | $33.3M | 0.17% | +2,577,312+61.8% | Added |
| Optiver Holding B.V. | 6,329,593 | $31.2M | 1.44% | +6,329,593 | New |
| Renaissance Technologies LLC | 6,153,231 | $30.3M | 0.04% | +3,756,829+156.8% | Added |
| BlackRock Inc. | 5,646,631 | $27.8M | 0.00% | −528,776−8.6% | Reduced |
| Morgan Stanley | 5,353,851 | $26.4M | 0.00% | +3,724,666+228.6% | Added |
| Bank of America Corp | 5,091,061 | $25.1M | 0.00% | +4,399,890+636.6% | Added |
| JPMorgan Chase & Co | 4,993,022 | $24.6M | 0.00% | +498,911+11.1% | Added |
| New York State Common Retirement Fund | 3,416,418 | $16.8M | 0.02% | +162,687+5.0% | Added |
| Millennium Management LLC | 3,371,317 | $16.6M | 0.02% | −7,912,457−70.1% | Reduced |
| Vanguard Group Inc | 3,368,107 | $16.6M | 0.00% | −71,789−2.1% | Reduced |
| Russell Investments Group, Ltd. | 3,001,375 | $14.8M | 0.03% | +300,638+11.1% | Added |
| Fisher Asset Management, LLC | 2,942,244 | $14.5M | 0.01% | −1,820,888−38.2% | Reduced |
| Goldman Sachs Group Inc | 2,910,486 | $14.3M | 0.00% | +1,455,924+100.1% | Added |
| Rockefeller Capital Management L.P. | 2,887,479 | $14.2M | 0.06% | +122,165+4.4% | Added |
| Qube Research & Technologies Ltd | 2,689,329 | $13.3M | 0.08% | −1,296,870−32.5% | Reduced |
| Deutsche Bank AG | 2,641,910 | $13.0M | 0.01% | −716,565−21.3% | Reduced |
| AQR Capital Management LLC | 2,282,071 | $11.3M | 0.02% | +26,722+1.2% | Added |
| State Street Corp | 2,279,135 | $11.2M | 0.00% | −608,096−21.1% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 2,106,617 | $10.4M | 0.06% | +1,232,529+141.0% | Added |
| SEI Investments Co | 1,870,843 | $9.22M | 0.02% | +170,192+10.0% | Added |
| AXA S.A. | 1,642,406 | $8.10M | 0.03% | +1,276,636+349.0% | Added |
| American Century Companies Inc | 1,561,375 | $7.74M | 0.01% | +538,306+52.6% | Added |
| Carrhae Capital LLP | 1,385,023 | $6.83M | 2.17% | +1,385,023 | New |
| Van Eck Associates Corp | 1,237,411 | $6.10M | 0.01% | +430,046+53.3% | Added |
| Voloridge Investment Management, LLC | 1,044,457 | $5.15M | 0.03% | +115,370+12.4% | Added |
| Capital International Inc | 1,034,471 | $5.10M | 0.10% | −80,239−7.2% | Reduced |
| Citigroup Inc | 992,968 | $4.90M | 0.01% | +47,082+5.0% | Added |
| Moneda S.A. Administradora General de Fondos | 970,826 | $4.79M | 5.41% | −478,461−33.0% | Reduced |
| Banco BTG Pactual S.A. | 999,791 | $4.76M | 2.20% | +999,791 | New |
| Legal & General Group Plc | 909,948 | $4.50M | 0.00% | +43,330+5.0% | Added |
| Amundi | 871,508 | $4.12M | 0.00% | +41,500+5.0% | Added |
| Capital International Sarl | 822,286 | $4.05M | 0.20% | +194,930+31.1% | Added |
| Asset Management One Co.,Ltd. | 769,812 | $3.80M | 0.02% | +180,357+30.6% | Added |
| Moneda USA, Inc. | 658,251 | $3.25M | 6.70% | −72,133−9.9% | Reduced |
| Capital International Ltd | 648,800 | $3.20M | 0.19% | +70,305+12.2% | Added |
| HSBC Holdings PLC | 632,313 | $3.12M | 0.00% | +113,933+22.0% | Added |
| Credit Suisse AG | 621,650 | $3.07M | 0.00% | −358,444−36.6% | Reduced |
| Macquarie Group Ltd | 614,915 | $3.03M | 0.00% | +29,283+5.0% | Added |
| Kiwi Wealth Investments Limited Partnership | 593,731 | $2.93M | 0.19% | +164,559+38.3% | Added |
| Panagora Asset Management Inc | 568,273 | $2.80M | 0.02% | +174,565+44.3% | Added |
| Teachers Retirement System of the State of Kentucky | 513,765 | $2.53M | 0.03% | −11,035−2.1% | Reduced |
| Todd Asset Management LLC | 513,765 | $2.53M | 0.06% | −11,035−2.1% | Reduced |
| West Tower Group, LLC | 512,000 | $2.52M | 2.49% | +512,000 | New |
| Northern Trust Corp | 510,546 | $2.52M | 0.00% | +2,117+0.4% | Added |
| Principal Financial Group Inc | 481,833 | $2.38M | 0.00% | +22,943+5.0% | Added |
| Dorsey Wright & Associates | 480,407 | $2.37M | 0.72% | −7,215−1.5% | Reduced |
| Edgestream Partners, L.P. | 478,338 | $2.36M | 0.26% | +176,742+58.6% | Added |
| Two Sigma Advisers, LP | 475,220 | $2.34M | 0.01% | −431,980−47.6% | Reduced |
| Mackenzie Financial Corp | 465,298 | $2.29M | 0.00% | +18,711+4.2% | Added |
| Envestnet Asset Management Inc | 1,066,969 | $2.16M | 0.00% | +463,029+76.7% | Added |
| Thrivent Financial for Lutherans | 410,611 | $2.02M | 0.00% | +37,039+9.9% | Added |
| Wells Fargo & Company | 404,953 | $2.00M | 0.00% | +194,877+92.8% | Added |
| Invesco Ltd. | 396,555 | $1.96M | 0.00% | +36,473+10.1% | Added |
| Guggenheim Capital LLC | 385,424 | $1.90M | 0.02% | +67,778+21.3% | Added |
| CIBC World Markets Inc. | 379,901 | $1.87M | 0.01% | +228,183+150.4% | Added |
| Hennion & Walsh Asset Management, Inc. | 370,887 | $1.83M | 0.11% | +119,996+47.8% | Added |
| Qtron Investments LLC | 370,166 | $1.82M | 0.38% | +52,375+16.5% | Added |
| Scopus Asset Management, L.P. | 367,497 | $1.81M | 0.07% | +367,497 | New |
| Jane Street Group, LLC | 329,603 | $1.62M | 0.00% | +67,820+25.9% | Added |
| Balyasny Asset Management LLC | 299,000 | $1.47M | 0.00% | +170,548+132.8% | Added |
| Kapitalo Investimentos Ltda | 296,500 | $1.46M | 0.48% | +296,500 | New |
| Two Sigma Investments, LP | 292,315 | $1.44M | 0.00% | −3,790,110−92.8% | Reduced |
| SPX Equities Gestao de Recursos Ltda | 276,830 | $1.36M | 0.09% | +251,433+990.0% | Added |
| Cubist Systematic Strategies, LLC | 272,683 | $1.34M | 0.01% | −1,349,211−83.2% | Reduced |
| Perpetual Ltd | 264,907 | $1.31M | 0.01% | +264,907 | New |
| Natixis Advisors, L.P. | 261,196 | $1.29M | 0.00% | −52,194−16.7% | Reduced |
| Pinebridge Investments, L.P. | 241,276 | $1.19M | 0.01% | −153,751−38.9% | Reduced |
| Robeco Institutional Asset Management B.V. | 223,881 | $1.10M | 0.00% | +223,881 | New |
| Campbell & CO Investment Adviser LLC | 215,596 | $1.06M | 0.20% | +81,167+60.4% | Added |
| Lifestyle Asset Management, Inc. | 204,156 | $1.01M | 0.67% | +16,831+9.0% | Added |
| Daiwa Securities Group Inc. | 192,465 | $949.0K | 0.01% | −49,835−20.6% | Reduced |
| STRS Ohio | 184,800 | $911.0K | 0.00% | +8,800+5.0% | Added |
| ARGA Investment Management, LP | 181,743 | $896.0K | 0.03% | +8,654+5.0% | Added |
| Neuberger Berman Group LLC | 176,946 | $872.3K | 0.00% | +5,930+3.5% | Added |
| Abn Amro Investment Solutions | 170,654 | $841.3K | 0.02% | +170,654 | New |
| AE Wealth Management LLC | 162,313 | $800.2K | 0.01% | +9,043+5.9% | Added |
| BNP Paribas Arbitrage, SA | 161,035 | $793.9K | 0.00% | +86,042+114.7% | Added |
| Fractal Investments LLC | 155,839 | $768.3K | 0.18% | +7,420+5.0% | Added |
| Diversified Trust Co | 151,553 | $747.2K | 0.03% | +7,215+5.0% | Added |
| Bank of New York Mellon Corp | 146,025 | $719.9K | 0.00% | +2,989+2.1% | Added |
| LPL Financial LLC | 135,757 | $669.3K | 0.00% | +22,172+19.5% | Added |
| UBS Group AG | 129,743 | $639.6K | 0.00% | −93,501−41.9% | Reduced |
| Crossmark Global Holdings, Inc. | 129,571 | $638.0K | 0.02% | +7,170+5.9% | Added |
| Schroder Investment Management Group | 125,640 | $623.2K | 0.00% | +5,982+5.0% | Added |
| Pacer Advisors, Inc. | 122,979 | $606.3K | 0.00% | +51,436+71.9% | Added |
| Massachusetts Financial Services Co | 121,791 | $600.4K | 0.00% | +8,452+7.5% | Added |
| Advisors Asset Management, Inc. | 120,913 | $596.1K | 0.01% | +40,736+50.8% | Added |
| Stifel Financial Corp | 116,587 | $574.8K | 0.00% | −9,388−7.5% | Reduced |
| Metis Global Partners, LLC | 115,771 | $570.8K | 0.04% | +5,202+4.7% | Added |
| Mercer Global Advisors Inc | 114,557 | $565.0K | 0.00% | +4,163+3.8% | Added |
| Mirae Asset Global Investments Co., Ltd. | 108,718 | $536.0K | 0.00% | +23,731+27.9% | Added |
| Banque Cantonale Vaudoise | 105,000 | $519.0K | 0.03% | +5,000+5.0% | Added |