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 |
|---|---|---|---|---|---|
| Toroso Investments, LLC | 88,289 | $428.2K | 0.01% | +88,289 | New |
| QRG Capital Management, Inc. | 92,750 | $449.8K | 0.01% | −3,410−3.5% | Reduced |
| Provida Pension Fund Administrator | 93,092 | $451.5K | 0.01% | 00.0% | Unchanged |
| Massachusetts Financial Services Co | 94,646 | $459.0K | 0.00% | −24,450−20.5% | Reduced |
| Ethic Inc. | 100,867 | $489.2K | 0.01% | +12,965+14.7% | Added |
| Mirae Asset Global Investments Co., Ltd. | 100,935 | $489.5K | 0.00% | −4,530−4.3% | Reduced |
| Bank of New York Mellon Corp | 116,326 | $564.2K | 0.00% | +21,811+23.1% | Added |
| Pacer Advisors, Inc. | 116,471 | $564.9K | 0.00% | +1,963+1.7% | Added |
| Quadrature Capital Ltd | 119,920 | $581.0K | 0.01% | +57,122+91.0% | Added |
| Crossmark Global Holdings, Inc. | 123,755 | $601.0K | 0.01% | −470.0% | Reduced |
| Jane Street Group, LLC | 124,487 | $603.8K | 0.00% | −226,482−64.5% | Reduced |
| Macquarie Group Ltd | 133,208 | $646.0K | 0.00% | −219,953−62.3% | Reduced |
| UBS Group AG | 140,736 | $682.6K | 0.00% | −251,969−64.2% | Reduced |
| Qtron Investments LLC | 141,637 | $686.9K | 0.11% | −288,668−67.1% | Reduced |
| Diversified Trust Co | 150,288 | $728.9K | 0.02% | −119−0.1% | Reduced |
| Dynamic Technology Lab Private Ltd | 155,137 | $752.0K | 0.08% | +86,014+124.4% | Added |
| Quantbot Technologies LP | 177,975 | $863.2K | 0.05% | +54,960+44.7% | Added |
| STRS Ohio | 184,800 | $896.0K | 0.00% | 00.0% | Unchanged |
| ARGA Investment Management, LP | 186,227 | $903.2K | 0.03% | +4,484+2.5% | Added |
| Victory Capital Management Inc | 187,400 | $908.9K | 0.00% | −19,444−9.4% | Reduced |
| Advisors Asset Management, Inc. | 193,162 | $936.8K | 0.02% | +35,551+22.6% | Added |
| BNP Paribas Arbitrage, SA | 193,194 | $937.0K | 0.00% | +27,578+16.7% | Added |
| Invesco Ltd. | 195,855 | $949.9K | 0.00% | −158,961−44.8% | Reduced |
| Neuberger Berman Group LLC | 201,731 | $978.4K | 0.00% | +60,572+42.9% | Added |
| Daiwa Securities Group Inc. | 202,465 | $982.0K | 0.01% | −8,000−3.8% | Reduced |
| Banque Cantonale Vaudoise | 215,000 | $1.04M | 0.05% | 00.0% | Unchanged |
| LPL Financial LLC | 216,809 | $1.05M | 0.00% | +71,220+48.9% | Added |
| Robeco Institutional Asset Management B.V. | 223,881 | $1.09M | 0.00% | 00.0% | Unchanged |
| Capital Group Investment Management Pte. Ltd. | 230,714 | $1.12M | 0.12% | −16,741−6.8% | Reduced |
| Pinebridge Investments, L.P. | 232,194 | $1.13M | 0.01% | −5,324−2.2% | Reduced |
| Campbell & CO Investment Adviser LLC | 232,857 | $1.13M | 0.10% | +209,853+912.2% | Added |
| Bank of America Corp | 239,640 | $1.16M | 0.00% | −1,496,435−86.2% | Reduced |
| AIA Group Ltd | 253,120 | $1.23M | 0.05% | +64,241+34.0% | Added |
| B. Metzler seel. Sohn & Co. AG | 259,350 | $1.26M | 0.02% | +259,350 | New |
| Metis Global Partners, LLC | 266,488 | $1.29M | 0.05% | +36,593+15.9% | Added |
| Guggenheim Capital LLC | 281,086 | $1.36M | 0.01% | −9,354−3.2% | Reduced |
| Thrivent Financial for Lutherans | 301,499 | $1.46M | 0.00% | −51,483−14.6% | Reduced |
| Walleye Capital LLC | 324,582 | $1.57M | 0.02% | +324,582 | New |
| Asset Management One Co.,Ltd. | 382,097 | $1.87M | 0.01% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 397,900 | $1.93M | 0.05% | +392,400+7,134.5% | Added |
| Schroder Investment Management Group | 433,136 | $2.10M | 0.00% | +351,892+433.1% | Added |
| Jump Financial, LLC | 454,678 | $2.21M | 0.07% | +133,175+41.4% | Added |
| Citadel Advisors LLC | 455,083 | $2.21M | 0.00% | +266,292+141.1% | Added |
| Two Sigma Advisers, LP | 479,600 | $2.33M | 0.01% | +385,200+408.1% | Added |
| Northern Trust Corp | 516,057 | $2.50M | 0.00% | −12,987−2.5% | Reduced |
| Credit Suisse AG | 529,170 | $2.57M | 0.00% | −206,270−28.0% | Reduced |
| Voloridge Investment Management, LLC | 530,719 | $2.57M | 0.01% | +30,276+6.0% | Added |
| Hennion & Walsh Asset Management, Inc. | 537,197 | $2.61M | 0.15% | +14,292+2.7% | Added |
| HSBC Holdings PLC | 541,312 | $2.63M | 0.00% | −60,074−10.0% | Reduced |
| BTG Pactual Global Asset Management Ltd | 638,270 | $3.10M | 1.85% | 00.0% | Unchanged |
| Fisher Asset Management, LLC | 647,179 | $3.14M | 0.00% | −1,714,510−72.6% | Reduced |
| Cubist Systematic Strategies, LLC | 659,486 | $3.20M | 0.04% | +425,402+181.7% | Added |
| SPX Equities Gestao de Recursos Ltda | 698,657 | $3.39M | 0.26% | −959,500−57.9% | Reduced |
| Legal & General Group Plc | 700,524 | $3.39M | 0.00% | 00.0% | Unchanged |
| Capital International Inc | 731,854 | $3.55M | 0.06% | +63,123+9.4% | Added |
| Amundi | 871,508 | $3.94M | 0.00% | 00.0% | Unchanged |
| Citigroup Inc | 956,455 | $4.64M | 0.01% | −13,704−1.4% | Reduced |
| AXA S.A. | 964,941 | $4.68M | 0.02% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 988,870 | $4.80M | 0.00% | −1,438,065−59.3% | Reduced |
| Capital International Ltd | 1,068,933 | $5.18M | 0.27% | −4,438−0.4% | Reduced |
| Capital International Sarl | 1,223,818 | $5.94M | 0.22% | +130,750+12.0% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 1,243,319 | $6.03M | 0.03% | −245,835−16.5% | Reduced |
| Van Eck Associates Corp | 1,292,375 | $6.27M | 0.01% | +187,764+17.0% | Added |
| Two Sigma Investments, LP | 1,560,631 | $7.57M | 0.02% | +1,467,116+1,568.9% | Added |
| SEI Investments Co | 1,591,221 | $7.72M | 0.01% | −242,023−13.2% | Reduced |
| Qube Research & Technologies Ltd | 1,729,424 | $8.39M | 0.02% | −18,055−1.0% | Reduced |
| Morgan Stanley | 1,730,742 | $8.39M | 0.00% | +555,305+47.2% | Added |
| Mackenzie Financial Corp | 1,972,116 | $9.56M | 0.01% | +961,612+95.2% | Added |
| Goldman Sachs Group Inc | 2,035,864 | $9.87M | 0.00% | −3,891,468−65.7% | Reduced |
| American Century Companies Inc | 2,061,944 | $10.0M | 0.01% | +194,621+10.4% | Added |
| Russell Investments Group, Ltd. | 2,162,066 | $10.6M | 0.02% | −260,005−10.7% | Reduced |
| Renaissance Technologies LLC | 2,269,820 | $11.0M | 0.02% | +409,325+22.0% | Added |
| Millennium Management LLC | 2,311,507 | $11.2M | 0.01% | +952,367+70.1% | Added |
| Man Group plc | 2,343,075 | $11.4M | 0.03% | – | – |
| State Street Corp | 2,424,383 | $11.8M | 0.00% | +130,946+5.7% | Added |
| Rockefeller Capital Management L.P. | 2,834,361 | $13.7M | 0.05% | −10,283−0.4% | Reduced |
| Itau Unibanco Holding S.A. | 2,938,778 | $14.3M | 0.47% | −7,413,314−71.6% | Reduced |
| Vanguard Group Inc | 3,037,238 | $14.7M | 0.00% | −248,550−7.6% | Reduced |
| New York State Common Retirement Fund | 3,241,116 | $15.7M | 0.02% | −175,301−5.1% | Reduced |
| Moneda S.A. Administradora General de Fondos | 4,328,734 | $21.0M | 9.43% | −430,626−9.0% | Reduced |
| AQR Capital Management LLC | 4,723,636 | $22.9M | 0.04% | +202,990+4.5% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 6,207,891 | $30.1M | 0.13% | −1,947,339−23.9% | Reduced |
| Arrowstreet Capital, Limited Partnership | 7,263,562 | $35.2M | 0.04% | −5,565,192−43.4% | Reduced |
| Causeway Capital Management LLC | 7,358,971 | $35.7M | 0.91% | −289,135−3.8% | Reduced |
| BlackRock Inc. | 7,477,029 | $36.3M | 0.00% | +106,932+1.5% | Added |
| Dimensional Fund Advisors LP | 13,574,828 | $65.9M | 0.02% | −439,388−3.1% | Reduced |
| Acadian Asset Management LLC | 14,244,216 | $69.1M | 0.27% | −1,762,525−11.0% | Reduced |
| Contrarian Capital Management, L.L.C. | 18,240,285 | $88.5M | 21.54% | +547,234+3.1% | Added |
| FMR LLC | 35,082,446 | $170.1M | 0.01% | +13,522,933+62.7% | Added |
| Capital International Investors | 91,708,872 | $444.8M | 0.10% | +6,268,313+7.3% | Added |
| Optiver Holding B.V. | 0 | $0 | 0.00% | −1,418,516−100.0% | Sold out |
| Panagora Asset Management Inc | 0 | $0 | 0.00% | −545,174−100.0% | Sold out |
| Principal Financial Group Inc | 0 | $0 | 0.00% | −390,125−100.0% | Sold out |
| Lifestyle Asset Management, Inc. | 0 | $0 | 0.00% | −205,012−100.0% | Sold out |
| Seven Eight Capital, LP | 0 | $0 | 0.00% | −57,513−100.0% | Sold out |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −54,610−100.0% | Sold out |
| Fox Run Management, L.L.C. | 0 | $0 | 0.00% | −54,017−100.0% | Sold out |
| Graham Capital Management, L.P. | 0 | $0 | 0.00% | −44,729−100.0% | Sold out |
| Disciplined Investments, LLC | 0 | $0 | 0.00% | −38,412−100.0% | Sold out |
| Cetera Investment Advisers | 0 | $0 | 0.00% | −36,564−100.0% | Sold out |