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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, Q1 2024

Institutional positions in Gerdau S.A. as of Mar 31, 2024. 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
180
−10 vs. Q4 2023
Shares held
268.3M
−5.82M (−2.1%) vs. Q4 2023
Total value
$1.18B
−$144.3M (−10.9%) vs. Q4 2023
New holders
19
52 more added
Sold out
29
67 more reduced

Compare with Q4 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 holdersQ1 2024: 180 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 heldQ1 2024: $1.18B
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, Q1 2024

Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q4 2023.

Institutions holding GGB in Q1 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Capital International Investors92,086,997$407.0M0.08%+378,125+0.4%Added
FMR LLC39,158,663$173.1M0.01%+4,076,217+11.6%Added
Contrarian Capital Management, L.L.C.17,980,579$79.5M21.68%−259,706−1.4%Reduced
Goldman Sachs Group Inc16,292,008$72.0M0.02%+14,256,144+700.3%Added
Dimensional Fund Advisors LP13,904,148$61.5M0.02%+329,320+2.4%Added
Acadian Asset Management LLC9,039,882$39.9M0.14%−5,204,334−36.5%Reduced
Bank of America Corp6,858,083$30.3M0.00%+6,618,443+2,761.8%Added
BlackRock Inc.5,943,619$26.3M0.00%−1,533,410−20.5%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC5,586,065$24.7M0.09%−621,826−10.0%Reduced
Causeway Capital Management LLC3,910,808$17.3M0.45%−3,448,163−46.9%Reduced
Vanguard Group Inc3,030,414$13.4M0.00%−6,824−0.2%Reduced
Rockefeller Capital Management L.P.2,782,469$12.3M0.04%−51,892−1.8%Reduced
AQR Capital Management LLC2,776,544$12.3M0.02%−1,947,092−41.2%Reduced
Two Sigma Investments, LP2,681,733$11.9M0.03%+1,121,102+71.8%Added
New York State Common Retirement Fund2,594,889$11.5M0.02%−646,227−19.9%Reduced
Moneda S.A. Administradora General de Fondos2,403,209$10.6M5.97%−1,925,525−44.5%Reduced
State Street Corp2,394,313$10.6M0.00%−30,070−1.2%Reduced
American Century Companies Inc2,152,705$9.51M0.01%+90,761+4.4%Added
Arrowstreet Capital, Limited Partnership2,071,702$9.16M0.01%−5,191,860−71.5%Reduced
SPX Equities Gestao de Recursos Ltda2,032,740$8.98M0.79%+1,334,083+190.9%Added
Morgan Stanley1,796,670$7.94M0.00%+65,928+3.8%Added
Capital International Sarl1,258,305$5.56M0.18%+34,487+2.8%Added
Mackenzie Financial Corp1,253,089$5.54M0.01%−719,027−36.5%Reduced
Connor, Clark & Lunn Investment Management Ltd.1,190,065$5.26M0.02%−53,254−4.3%Reduced
SEI Investments Co1,156,256$5.11M0.01%−434,965−27.3%Reduced
Van Eck Associates Corp1,144,093$5.06M0.01%−148,282−11.5%Reduced
Capital International Ltd1,092,660$4.83M0.23%+23,727+2.2%Added
Citigroup Inc1,008,120$4.46M0.00%+51,665+5.4%Added
Itau Unibanco Holding S.A.994,691$4.40M0.19%−1,944,087−66.2%Reduced
Qube Research & Technologies Ltd946,138$4.18M0.01%−783,286−45.3%Reduced
Two Sigma Advisers, LP848,500$3.75M0.01%+368,900+76.9%Added
Millennium Management LLC818,997$3.62M0.00%−1,492,510−64.6%Reduced
AXA S.A.964,941$3.55M0.01%00.0%Unchanged
Cubist Systematic Strategies, LLC734,224$3.25M0.04%+74,738+11.3%Added
Capital International Inc710,198$3.14M0.04%−21,656−3.0%Reduced
Amundi871,508$3.11M0.00%00.0%Unchanged
Legal & General Group Plc700,524$3.09M0.00%00.0%Unchanged
Fisher Asset Management, LLC641,919$2.84M0.00%−5,260−0.8%Reduced
Russell Investments Group, Ltd.643,633$2.83M0.00%−1,518,433−70.2%Reduced
BTG Pactual Global Asset Management Ltd638,270$2.82M0.90%00.0%Unchanged
Trexquant Investment LP608,157$2.69M0.05%+608,157New
HSBC Holdings PLC551,579$2.43M0.00%+10,267+1.9%Added
Northern Trust Corp529,169$2.34M0.00%+13,112+2.5%Added
D. E. Shaw & Co., Inc.492,255$2.18M0.00%+492,255New
Hennion & Walsh Asset Management, Inc.461,480$2.04M0.11%−75,717−14.1%Reduced
UBS Asset Management Americas Inc394,076$1.74M0.00%+394,076New
Jane Street Group, LLC382,732$1.69M0.00%+258,245+207.4%Added
Asset Management One Co.,Ltd.382,097$1.69M0.01%00.0%Unchanged
Jump Financial, LLC333,587$1.47M0.04%−121,091−26.6%Reduced
BNP Paribas Arbitrage, SA312,106$1.38M0.00%+118,912+61.6%Added
Susquehanna International Group, LLP308,249$1.36M0.00%+291,369+1,726.1%Added
Marshall Wace, LLP296,239$1.31M0.00%+296,239New
B. Metzler seel. Sohn & Co. AG292,050$1.29M0.01%+32,700+12.6%Added
Guggenheim Capital LLC280,726$1.24M0.01%−360−0.1%Reduced
Thrivent Financial for Lutherans268,595$1.19M0.00%−32,904−10.9%Reduced
Credit Suisse AG258,500$1.14M0.00%−270,670−51.1%Reduced
AIA Group Ltd253,120$1.12M0.04%00.0%Unchanged
JPMorgan Chase & Co243,184$1.07M0.00%−745,686−75.4%Reduced
Capital Group Investment Management Pte. Ltd.230,714$1.02M0.18%00.0%Unchanged
Optiver Holding B.V.224,225$991.1K0.04%+224,225New
Invesco Ltd.216,729$957.9K0.00%+20,874+10.7%Added
Banque Cantonale Vaudoise215,000$950.0K0.04%00.0%Unchanged
Advisors Asset Management, Inc.200,774$887.4K0.02%+7,612+3.9%Added
Daiwa Securities Group Inc.197,465$873.0K0.00%−5,000−2.5%Reduced
Virtu Financial LLC190,794$843.0K0.06%+156,941+463.6%Added
ARGA Investment Management, LP186,227$823.1K0.03%00.0%Unchanged
Bank of New York Mellon Corp186,146$822.8K0.00%+69,820+60.0%Added
STRS Ohio184,800$816.0K0.00%00.0%Unchanged
Schroder Investment Management Group180,340$797.1K0.00%−252,796−58.4%Reduced
UBS Group AG166,888$737.6K0.00%+26,152+18.6%Added
LPL Financial LLC164,995$729.3K0.00%−51,814−23.9%Reduced
Pinebridge Investments, L.P.163,650$723.3K0.01%−68,544−29.5%Reduced
Qtron Investments LLC141,637$626.0K0.09%00.0%Unchanged
Pacer Advisors, Inc.140,455$620.8K0.00%+23,984+20.6%Added
Ethic Inc.129,746$573.5K0.01%+28,879+28.6%Added
Deutsche Bank AG121,433$536.7K0.00%+35,968+42.1%Added
Quantbot Technologies LP121,065$535.1K0.03%−56,910−32.0%Reduced
Neuberger Berman Group LLC116,704$515.8K0.00%−85,027−42.1%Reduced
Crossmark Global Holdings, Inc.114,000$504.0K0.01%−9,755−7.9%Reduced
Campbell & CO Investment Adviser LLC104,361$461.3K0.04%−128,496−55.2%Reduced
Summit Global Investments99,522$440.0K0.03%+99,522New
Glenorchy Capital Ltd98,840$436.9K0.36%+41,621+72.7%Added
Massachusetts Financial Services Co93,650$413.9K0.00%−996−1.1%Reduced
Provida Pension Fund Administrator93,092$411.5K0.01%00.0%Unchanged
Mirae Asset Global Investments Co., Ltd.84,824$374.9K0.00%−16,111−16.0%Reduced
XTX Topco Ltd78,795$348.3K0.05%+78,795New
Headlands Technologies LLC76,954$340.1K0.08%+59,438+339.3%Added
Kathmere Capital Management, LLC73,781$326.1K0.04%00.0%Unchanged
Stratos Wealth Partners, LTD.73,731$325.9K0.01%00.0%Unchanged
Truist Financial Corp73,116$323.2K0.00%+386+0.5%Added
Cerity Partners LLC72,854$322.0K0.00%+17,883+32.5%Added
VPR Management LLC71,869$317.7K0.09%00.0%Unchanged
Creative Planning70,236$310.4K0.00%+41,898+147.9%Added
Quadrature Capital Ltd69,469$306.4K0.01%−50,451−42.1%Reduced
QRG Capital Management, Inc.66,764$295.1K0.00%−25,986−28.0%Reduced
Toroso Investments, LLC64,703$286.0K0.00%−23,586−26.7%Reduced
Envestnet Asset Management Inc59,781$264.2K0.00%−8,217−12.1%Reduced
Credit Agricole S A70,319$251.0K0.00%−5,922−7.8%Reduced
Profund Advisors LLC51,387$227.1K0.01%−10,410−16.8%Reduced
Old Mission Capital LLC50,217$222.0K0.01%−1,184−2.3%Reduced