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 2023
Institutional positions in Gerdau S.A. as of Dec 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
- 190
- +5 vs. Q3 2023
- Shares held
- 274.1M
- −1.57M (−0.6%) vs. Q3 2023
- Total value
- $1.33B
- +$1.59M (+0.1%) vs. Q3 2023
- New holders
- 24
- 59 more added
- Sold out
- 19
- 73 more reduced
3 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| 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 2023
Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital International Investors | 91,708,872 | $444.8M | 0.10% | +6,268,313+7.3% | Added |
| FMR LLC | 35,082,446 | $170.1M | 0.01% | +13,522,933+62.7% | Added |
| Contrarian Capital Management, L.L.C. | 18,240,285 | $88.5M | 21.54% | +547,234+3.1% | Added |
| Acadian Asset Management LLC | 14,244,216 | $69.1M | 0.27% | −1,762,525−11.0% | Reduced |
| Dimensional Fund Advisors LP | 13,574,828 | $65.9M | 0.02% | −439,388−3.1% | Reduced |
| BlackRock Inc. | 7,477,029 | $36.3M | 0.00% | +106,932+1.5% | Added |
| Causeway Capital Management LLC | 7,358,971 | $35.7M | 0.91% | −289,135−3.8% | Reduced |
| Arrowstreet Capital, Limited Partnership | 7,263,562 | $35.2M | 0.04% | −5,565,192−43.4% | Reduced |
| Grantham, Mayo, Van Otterloo & Co. LLC | 6,207,891 | $30.1M | 0.13% | −1,947,339−23.9% | Reduced |
| AQR Capital Management LLC | 4,723,636 | $22.9M | 0.04% | +202,990+4.5% | Added |
| Moneda S.A. Administradora General de Fondos | 4,328,734 | $21.0M | 9.43% | −430,626−9.0% | Reduced |
| New York State Common Retirement Fund | 3,241,116 | $15.7M | 0.02% | −175,301−5.1% | Reduced |
| Vanguard Group Inc | 3,037,238 | $14.7M | 0.00% | −248,550−7.6% | Reduced |
| Itau Unibanco Holding S.A. | 2,938,778 | $14.3M | 0.47% | −7,413,314−71.6% | Reduced |
| Rockefeller Capital Management L.P. | 2,834,361 | $13.7M | 0.05% | −10,283−0.4% | Reduced |
| State Street Corp | 2,424,383 | $11.8M | 0.00% | +130,946+5.7% | Added |
| Man Group plc | 2,343,075 | $11.4M | 0.03% | – | – |
| Millennium Management LLC | 2,311,507 | $11.2M | 0.01% | +952,367+70.1% | Added |
| Renaissance Technologies LLC | 2,269,820 | $11.0M | 0.02% | +409,325+22.0% | Added |
| Russell Investments Group, Ltd. | 2,162,066 | $10.6M | 0.02% | −260,005−10.7% | Reduced |
| American Century Companies Inc | 2,061,944 | $10.0M | 0.01% | +194,621+10.4% | Added |
| Goldman Sachs Group Inc | 2,035,864 | $9.87M | 0.00% | −3,891,468−65.7% | Reduced |
| Mackenzie Financial Corp | 1,972,116 | $9.56M | 0.01% | +961,612+95.2% | Added |
| Morgan Stanley | 1,730,742 | $8.39M | 0.00% | +555,305+47.2% | Added |
| Qube Research & Technologies Ltd | 1,729,424 | $8.39M | 0.02% | −18,055−1.0% | Reduced |
| SEI Investments Co | 1,591,221 | $7.72M | 0.01% | −242,023−13.2% | Reduced |
| Two Sigma Investments, LP | 1,560,631 | $7.57M | 0.02% | +1,467,116+1,568.9% | Added |
| Van Eck Associates Corp | 1,292,375 | $6.27M | 0.01% | +187,764+17.0% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 1,243,319 | $6.03M | 0.03% | −245,835−16.5% | Reduced |
| Capital International Sarl | 1,223,818 | $5.94M | 0.22% | +130,750+12.0% | Added |
| Capital International Ltd | 1,068,933 | $5.18M | 0.27% | −4,438−0.4% | Reduced |
| JPMorgan Chase & Co | 988,870 | $4.80M | 0.00% | −1,438,065−59.3% | Reduced |
| AXA S.A. | 964,941 | $4.68M | 0.02% | 00.0% | Unchanged |
| Citigroup Inc | 956,455 | $4.64M | 0.01% | −13,704−1.4% | Reduced |
| Amundi | 871,508 | $3.94M | 0.00% | 00.0% | Unchanged |
| Capital International Inc | 731,854 | $3.55M | 0.06% | +63,123+9.4% | Added |
| Legal & General Group Plc | 700,524 | $3.39M | 0.00% | 00.0% | Unchanged |
| SPX Equities Gestao de Recursos Ltda | 698,657 | $3.39M | 0.26% | −959,500−57.9% | Reduced |
| Cubist Systematic Strategies, LLC | 659,486 | $3.20M | 0.04% | +425,402+181.7% | Added |
| Fisher Asset Management, LLC | 647,179 | $3.14M | 0.00% | −1,714,510−72.6% | Reduced |
| BTG Pactual Global Asset Management Ltd | 638,270 | $3.10M | 1.85% | 00.0% | Unchanged |
| HSBC Holdings PLC | 541,312 | $2.63M | 0.00% | −60,074−10.0% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 537,197 | $2.61M | 0.15% | +14,292+2.7% | Added |
| Voloridge Investment Management, LLC | 530,719 | $2.57M | 0.01% | +30,276+6.0% | Added |
| Credit Suisse AG | 529,170 | $2.57M | 0.00% | −206,270−28.0% | Reduced |
| Northern Trust Corp | 516,057 | $2.50M | 0.00% | −12,987−2.5% | Reduced |
| Two Sigma Advisers, LP | 479,600 | $2.33M | 0.01% | +385,200+408.1% | Added |
| Citadel Advisors LLC | 455,083 | $2.21M | 0.00% | +266,292+141.1% | Added |
| Jump Financial, LLC | 454,678 | $2.21M | 0.07% | +133,175+41.4% | Added |
| Schroder Investment Management Group | 433,136 | $2.10M | 0.00% | +351,892+433.1% | Added |
| Aquatic Capital Management LLC | 397,900 | $1.93M | 0.05% | +392,400+7,134.5% | Added |
| Asset Management One Co.,Ltd. | 382,097 | $1.87M | 0.01% | 00.0% | Unchanged |
| Walleye Capital LLC | 324,582 | $1.57M | 0.02% | +324,582 | New |
| Thrivent Financial for Lutherans | 301,499 | $1.46M | 0.00% | −51,483−14.6% | Reduced |
| Guggenheim Capital LLC | 281,086 | $1.36M | 0.01% | −9,354−3.2% | Reduced |
| Metis Global Partners, LLC | 266,488 | $1.29M | 0.05% | +36,593+15.9% | Added |
| B. Metzler seel. Sohn & Co. AG | 259,350 | $1.26M | 0.02% | +259,350 | New |
| AIA Group Ltd | 253,120 | $1.23M | 0.05% | +64,241+34.0% | Added |
| Bank of America Corp | 239,640 | $1.16M | 0.00% | −1,496,435−86.2% | Reduced |
| Campbell & CO Investment Adviser LLC | 232,857 | $1.13M | 0.10% | +209,853+912.2% | Added |
| Pinebridge Investments, L.P. | 232,194 | $1.13M | 0.01% | −5,324−2.2% | Reduced |
| Capital Group Investment Management Pte. Ltd. | 230,714 | $1.12M | 0.12% | −16,741−6.8% | Reduced |
| Robeco Institutional Asset Management B.V. | 223,881 | $1.09M | 0.00% | 00.0% | Unchanged |
| LPL Financial LLC | 216,809 | $1.05M | 0.00% | +71,220+48.9% | Added |
| Banque Cantonale Vaudoise | 215,000 | $1.04M | 0.05% | 00.0% | Unchanged |
| Daiwa Securities Group Inc. | 202,465 | $982.0K | 0.01% | −8,000−3.8% | Reduced |
| Neuberger Berman Group LLC | 201,731 | $978.4K | 0.00% | +60,572+42.9% | Added |
| Invesco Ltd. | 195,855 | $949.9K | 0.00% | −158,961−44.8% | Reduced |
| BNP Paribas Arbitrage, SA | 193,194 | $937.0K | 0.00% | +27,578+16.7% | Added |
| Advisors Asset Management, Inc. | 193,162 | $936.8K | 0.02% | +35,551+22.6% | Added |
| Victory Capital Management Inc | 187,400 | $908.9K | 0.00% | −19,444−9.4% | Reduced |
| ARGA Investment Management, LP | 186,227 | $903.2K | 0.03% | +4,484+2.5% | Added |
| STRS Ohio | 184,800 | $896.0K | 0.00% | 00.0% | Unchanged |
| Quantbot Technologies LP | 177,975 | $863.2K | 0.05% | +54,960+44.7% | Added |
| Dynamic Technology Lab Private Ltd | 155,137 | $752.0K | 0.08% | +86,014+124.4% | Added |
| Diversified Trust Co | 150,288 | $728.9K | 0.02% | −119−0.1% | Reduced |
| Qtron Investments LLC | 141,637 | $686.9K | 0.11% | −288,668−67.1% | Reduced |
| UBS Group AG | 140,736 | $682.6K | 0.00% | −251,969−64.2% | Reduced |
| Macquarie Group Ltd | 133,208 | $646.0K | 0.00% | −219,953−62.3% | Reduced |
| Jane Street Group, LLC | 124,487 | $603.8K | 0.00% | −226,482−64.5% | Reduced |
| Crossmark Global Holdings, Inc. | 123,755 | $601.0K | 0.01% | −470.0% | Reduced |
| Quadrature Capital Ltd | 119,920 | $581.0K | 0.01% | +57,122+91.0% | Added |
| Pacer Advisors, Inc. | 116,471 | $564.9K | 0.00% | +1,963+1.7% | Added |
| Bank of New York Mellon Corp | 116,326 | $564.2K | 0.00% | +21,811+23.1% | Added |
| Mirae Asset Global Investments Co., Ltd. | 100,935 | $489.5K | 0.00% | −4,530−4.3% | Reduced |
| Ethic Inc. | 100,867 | $489.2K | 0.01% | +12,965+14.7% | Added |
| Massachusetts Financial Services Co | 94,646 | $459.0K | 0.00% | −24,450−20.5% | Reduced |
| Provida Pension Fund Administrator | 93,092 | $451.5K | 0.01% | 00.0% | Unchanged |
| QRG Capital Management, Inc. | 92,750 | $449.8K | 0.01% | −3,410−3.5% | Reduced |
| Toroso Investments, LLC | 88,289 | $428.2K | 0.01% | +88,289 | New |
| Deutsche Bank AG | 85,465 | $414.5K | 0.00% | +17,215+25.2% | Added |
| Credit Agricole S A | 76,241 | $369.8K | 0.01% | +37,921+99.0% | Added |
| Kathmere Capital Management, LLC | 73,781 | $357.8K | 0.05% | 00.0% | Unchanged |
| Stratos Wealth Partners, LTD. | 73,731 | $357.6K | 0.01% | −84−0.1% | Reduced |
| Truist Financial Corp | 72,730 | $352.7K | 0.00% | −1,006−1.4% | Reduced |
| VPR Management LLC | 71,869 | $348.6K | 0.09% | 00.0% | Unchanged |
| AlphaQ Advisors LLC | 71,471 | $346.6K | 0.24% | +7,615+11.9% | Added |
| Engineers Gate Manager LP | 69,806 | $338.6K | 0.01% | +42,505+155.7% | Added |
| Envestnet Asset Management Inc | 67,998 | $329.8K | 0.00% | −9,958−12.8% | Reduced |
| BayBridge Capital Group, LLC | 74,724 | $329.5K | 0.31% | +74,724 | New |