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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 2023

Institutional positions in Gerdau S.A. as of Sep 30, 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
188
−14 vs. Q2 2023
Shares held
276.4M
+996.6K (+0.4%) vs. Q2 2023
Total value
$1.33B
−$106.0M (−7.4%) vs. Q2 2023
New holders
23
46 more added
Sold out
37
78 more reduced

Compare with Q2 2023: 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 2023: 188 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 2023: $1.33B
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 2023

Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q2 2023.

Institutions holding GGB in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Capital International Investors85,440,559$407.6M0.10%−12,804,717−13.0%Reduced
FMR LLC21,559,513$102.8M0.01%+21,550,300+233,911.9%Added
Contrarian Capital Management, L.L.C.17,693,051$84.4M22.64%−285,500−1.6%Reduced
Acadian Asset Management LLC16,006,741$76.3M0.32%−10,388,852−39.4%Reduced
Dimensional Fund Advisors LP14,014,216$66.9M0.02%+31,027+0.2%Added
Arrowstreet Capital, Limited Partnership12,828,754$61.2M0.07%+11,943,711+1,349.5%Added
Itau Unibanco Holding S.A.10,352,092$49.4M2.20%+1,109,470+12.0%Added
Grantham, Mayo, Van Otterloo & Co. LLC8,155,230$38.9M0.18%−133,380−1.6%Reduced
Causeway Capital Management LLC7,648,106$36.5M0.96%−82,315−1.1%Reduced
BlackRock Inc.7,370,097$35.2M0.00%+900,623+13.9%Added
Goldman Sachs Group Inc5,927,332$28.3M0.01%+467,842+8.6%Added
Moneda S.A. Administradora General de Fondos4,759,360$22.7M14.30%+1,280,989+36.8%Added
AQR Capital Management LLC4,520,646$21.6M0.04%+2,172,396+92.5%Added
New York State Common Retirement Fund3,416,417$16.3M0.02%00.0%Unchanged
Vanguard Group Inc3,285,788$15.7M0.00%−125,555−3.7%Reduced
Rockefeller Capital Management L.P.2,844,644$13.6M0.05%−11,927−0.4%Reduced
Man Group plc–$13.2M0.04%––
Russell Investments Group, Ltd.2,422,071$11.6M0.02%−572,655−19.1%Reduced
JPMorgan Chase & Co2,426,935$11.6M0.00%−539,391−18.2%Reduced
Fisher Asset Management, LLC2,361,689$11.3M0.01%00.0%Unchanged
State Street Corp2,293,437$10.9M0.00%−29,597−1.3%Reduced
American Century Companies Inc1,867,323$8.91M0.01%+130,123+7.5%Added
Renaissance Technologies LLC1,860,495$8.88M0.02%−1,542,171−45.3%Reduced
SEI Investments Co1,833,244$8.74M0.02%−35,900−1.9%Reduced
Qube Research & Technologies Ltd1,747,479$8.34M0.02%+484,617+38.4%Added
Bank of America Corp1,736,075$8.28M0.00%+1,564,203+910.1%Added
SPX Equities Gestao de Recursos Ltda1,658,157$7.91M0.42%+555,735+50.4%Added
Connor, Clark & Lunn Investment Management Ltd.1,489,154$7.10M0.04%−52,137−3.4%Reduced
Optiver Holding B.V.1,418,516$6.77M0.19%+472,471+49.9%Added
Millennium Management LLC1,359,140$6.48M0.01%+619,209+83.7%Added
Morgan Stanley1,175,437$5.61M0.00%+32,672+2.9%Added
Van Eck Associates Corp1,104,611$5.27M0.01%+137,101+14.2%Added
Capital International Sarl1,093,068$5.21M0.24%+62,091+6.0%Added
Capital International Ltd1,073,371$5.12M0.29%−1,265−0.1%Reduced
Citigroup Inc970,159$4.63M0.01%+7,322+0.8%Added
AXA S.A.964,941$4.60M0.02%−748,096−43.7%Reduced
Mackenzie Financial Corp1,010,504$4.54M0.01%+136,089+15.6%Added
Amundi871,508$3.84M0.00%00.0%Unchanged
Credit Suisse AG735,440$3.51M0.00%+139,064+23.3%Added
Legal & General Group Plc700,524$3.35M0.00%00.0%Unchanged
Capital International Inc668,731$3.19M0.06%−304,915−31.3%Reduced
Moneda USA, Inc.662,563$3.16M5.79%+4,312+0.7%Added
BTG Pactual Global Asset Management Ltd638,270$3.04M1.74%00.0%Unchanged
HSBC Holdings PLC601,386$2.87M0.00%−63,708−9.6%Reduced
Panagora Asset Management Inc545,174$2.60M0.02%00.0%Unchanged
Northern Trust Corp529,044$2.52M0.00%−145,163−21.5%Reduced
Hennion & Walsh Asset Management, Inc.522,905$2.49M0.16%+22,210+4.4%Added
Voloridge Investment Management, LLC500,443$2.39M0.01%+325,120+185.4%Added
Qtron Investments LLC430,305$2.05M0.39%−5,180−1.2%Reduced
UBS Group AG392,705$1.87M0.00%−554,492−58.5%Reduced
Principal Financial Group Inc390,125$1.86M0.00%−91,708−19.0%Reduced
Asset Management One Co.,Ltd.382,097$1.82M0.01%−387,715−50.4%Reduced
Invesco Ltd.354,816$1.69M0.00%−28,035−7.3%Reduced
Macquarie Group Ltd353,161$1.69M0.00%−261,751−42.6%Reduced
Thrivent Financial for Lutherans352,982$1.68M0.00%−98,611−21.8%Reduced
Jane Street Group, LLC350,969$1.67M0.00%−133,852−27.6%Reduced
Gsa Capital Partners LLP342,071$1.63M0.14%+309,795+959.8%Added
Jump Financial, LLC321,503$1.53M0.06%+301,100+1,475.8%Added
Guggenheim Capital LLC290,440$1.39M0.01%−84,914−22.6%Reduced
Capital Group Investment Management Pte. Ltd.247,455$1.18M0.08%−29,301−10.6%Reduced
Pinebridge Investments, L.P.237,518$1.13M0.01%−3,758−1.6%Reduced
Cubist Systematic Strategies, LLC234,084$1.12M0.01%+234,084New
Metis Global Partners, LLC229,895$1.10M0.05%+114,311+98.9%Added
Robeco Institutional Asset Management B.V.223,881$1.07M0.00%00.0%Unchanged
Banque Cantonale Vaudoise215,000$1.03M0.05%+110,000+104.8%Added
Daiwa Securities Group Inc.210,465$1.00M0.01%−5,000−2.3%Reduced
Victory Capital Management Inc206,844$986.6K0.00%00.0%Unchanged
Lifestyle Asset Management, Inc.205,012$977.9K0.59%−2,567−1.2%Reduced
AIA Group Ltd188,879$901.0K0.04%+48,682+34.7%Added
Citadel Advisors LLC188,791$900.5K0.00%−4,544,900−96.0%Reduced
STRS Ohio184,800$881.0K0.00%00.0%Unchanged
ARGA Investment Management, LP181,743$866.9K0.04%00.0%Unchanged
BNP Paribas Arbitrage, SA165,616$790.0K0.00%−73,987−30.9%Reduced
Advisors Asset Management, Inc.157,611$751.8K0.02%+34,754+28.3%Added
Fractal Investments LLC155,839$743.4K0.15%00.0%Unchanged
Diversified Trust Co150,407$717.4K0.03%−1,146−0.8%Reduced
LPL Financial LLC145,589$694.5K0.00%−86,481−37.3%Reduced
Neuberger Berman Group LLC141,159$673.3K0.00%+5,426+4.0%Added
Quantbot Technologies LP123,015$586.8K0.04%+76,089+162.1%Added
Massachusetts Financial Services Co119,096$568.1K0.00%00.0%Unchanged
Crossmark Global Holdings, Inc.123,802$551.0K0.01%−252−0.2%Reduced
Pacer Advisors, Inc.114,508$546.2K0.00%+14,689+14.7%Added
Mirae Asset Global Investments Co., Ltd.105,465$503.1K0.00%+1,355+1.3%Added
QRG Capital Management, Inc.96,160$458.7K0.01%+96,160New
Bank of New York Mellon Corp94,515$450.8K0.00%−14,443−13.3%Reduced
Two Sigma Advisers, LP94,400$450.3K0.00%+94,400New
Two Sigma Investments, LP93,515$446.1K0.00%−82,400−46.8%Reduced
Provida Pension Fund Administrator93,092$444.0K0.02%00.0%Unchanged
Ethic Inc.87,902$419.3K0.01%+38,918+79.5%Added
Schroder Investment Management Group81,244$390.8K0.00%−7,335−8.3%Reduced
Mercer Global Advisors Inc78,374$374.0K0.00%−7,503−8.7%Reduced
Envestnet Asset Management Inc77,956$371.9K0.00%−482,329−86.1%Reduced
Veriti Management LLC74,556$355.6K0.04%−780−1.0%Reduced
Stratos Wealth Partners, LTD.73,815$352.1K0.01%00.0%Unchanged
Kathmere Capital Management, LLC73,781$351.9K0.05%00.0%Unchanged
Truist Financial Corp73,736$351.7K0.00%−423−0.6%Reduced
US Bancorp73,397$350.1K0.00%−479,680−86.7%Reduced
VPR Management LLC71,869$342.8K0.09%00.0%Unchanged
Dynamic Technology Lab Private Ltd69,123$330.0K0.03%+69,123New
Deutsche Bank AG68,250$325.6K0.00%−1,046,780−93.9%Reduced