Skip to main content

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 2024

Institutional positions in Gerdau S.A. as of Dec 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
187
+4 vs. Q3 2024
Shares held
324.4M
+5.68M (+1.8%) vs. Q3 2024
Total value
$934.4M
−$180.9M (−16.2%) vs. Q3 2024
New holders
34
56 more added
Sold out
30
65 more reduced

4 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 holdersQ4 2024: 187 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 heldQ4 2024: $934.4M
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, Q4 2024

Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q3 2024.

Institutions holding GGB in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
FMR LLC98,194,996$282.8M0.02%+9,215,971+10.4%Added
Capital International Investors30,447,379$87.7M0.02%−46,915,723−60.6%Reduced
Contrarian Capital Management, L.L.C.19,219,112$55.4M18.74%−1,057,828−5.2%Reduced
Morgan Stanley18,859,279$54.3M0.00%+14,540,075+336.6%Added
Goldman Sachs Group Inc15,673,263$45.1M0.01%+14,390,857+1,122.2%Added
Two Sigma Investments, LP14,804,499$42.6M0.10%+4,928,378+49.9%Added
Dimensional Fund Advisors LP13,234,444$38.1M0.01%−2,072,544−13.5%Reduced
Two Sigma Advisers, LP12,645,660$36.4M0.08%+6,548,200+107.4%Added
Acadian Asset Management LLC11,127,636$32.0M0.09%+2,256,426+25.4%Added
Bank of America Corp10,095,722$29.1M0.00%+5,718,323+130.6%Added
BlackRock, Inc.8,085,147$23.3M0.00%+1,808,282+28.8%Added
Marshall Wace, LLP5,700,747$16.4M0.02%+810,621+16.6%Added
Renaissance Technologies LLC5,606,824$16.1M0.02%+3,257,463+138.7%Added
Grantham, Mayo, Van Otterloo & Co. LLC4,803,639$13.8M0.05%+1,557,174+48.0%Added
Optiver Holding B.V.3,394,269$9.78M0.32%+3,394,269New
American Century Companies Inc3,355,896$9.66M0.01%+188,877+6.0%Added
Vanguard Group Inc3,184,937$9.17M0.00%−21,553−0.7%Reduced
State Street Corp3,149,093$9.07M0.00%+283,849+9.9%Added
Millennium Management LLC2,822,453$8.13M0.01%+2,579,621+1,062.3%Added
Causeway Capital Management LLC2,670,178$7.69M0.18%00.0%Unchanged
New York State Common Retirement Fund2,473,420$7.12M0.01%00.0%Unchanged
Walleye Capital LLC1,935,021$5.57M0.05%+639,095+49.3%Added
Itau Unibanco Holding S.A.1,855,000$5.36M0.17%−1,032,200−35.8%Reduced
D. E. Shaw & Co., Inc.1,806,871$5.20M0.01%+695,005+62.5%Added
Jane Street Group, LLC1,236,271$3.56M0.01%+851,203+221.1%Added
Amundi1,124,971$3.19M0.00%−16,380−1.4%Reduced
Van Eck Associates Corp1,049,390$3.02M0.00%−50,547−4.6%Reduced
Connor, Clark & Lunn Investment Management Ltd.1,032,541$2.97M0.01%+7,492+0.7%Added
AXA S.A.1,024,392$2.95M0.01%00.0%Unchanged
SEI Investments Co960,472$2.77M0.00%00.0%Unchanged
Northern Trust Corp918,238$2.64M0.00%+236,951+34.8%Added
Capital International Sarl845,688$2.44M0.06%−887,740−51.2%Reduced
Legal & General Group Plc840,628$2.43M0.00%00.0%Unchanged
HSBC Holdings PLC840,148$2.42M0.00%+5,424+0.6%Added
BTG Pactual Asset Management US LLC765,924$2.21M0.29%−695,561−47.6%Reduced
UBS Group AG708,028$2.04M0.00%+488,568+222.6%Added
Capital International Inc645,972$1.86M0.02%−349,278−35.1%Reduced
Capital International Ltd586,778$1.69M0.07%−722,400−55.2%Reduced
Fisher Asset Management, LLC572,984$1.65M0.00%−83,410−12.7%Reduced
ExodusPoint Capital Management, LP566,425$1.63M0.02%+566,425New
Cubist Systematic Strategies, LLC558,483$1.61M0.03%−286,802−33.9%Reduced
BNP Paribas Arbitrage, SA553,287$1.59M0.00%+128,176+30.2%Added
Quadrature Capital Ltd530,403$1.53M0.03%+280,389+112.1%Added
Citigroup Inc531,174$1.53M0.00%−208,458−28.2%Reduced
Thrivent Financial for Lutherans515,417$1.49M0.00%+320,404+164.3%Added
Public Employees Retirement System of Ohio497,319$1.43M0.00%00.0%Unchanged
Asset Management One Co.,Ltd.458,516$1.33M0.00%00.0%Unchanged
AIA Group Ltd452,237$1.30M0.03%00.0%Unchanged
Hennion & Walsh Asset Management, Inc.446,062$1.28M0.06%−96,511−17.8%Reduced
Capital Wealth Planning, LLC444,090$1.28M0.01%+444,090New
Russell Investments Group, Ltd.441,796$1.27M0.00%−229,791−34.2%Reduced
Mackenzie Financial Corp427,387$1.23M0.00%+395,811+1,253.5%Added
Virtu Financial LLC394,173$1.14M0.06%+340,055+628.4%Added
Pinebridge Investments, L.P.367,912$1.06M0.01%00.0%Unchanged
AQR Capital Management LLC351,361$1.01M0.00%−282,922−44.6%Reduced
Commonwealth Equity Services, LLC306,323$882.0K0.00%−1,067−0.3%Reduced
Arrowpoint Investment Partners (Singapore) Pte. Ltd.300,000$864.0K0.53%+300,000New
Ethic Inc.297,141$855.8K0.02%+182,201+158.5%Added
Virtus Family Office LLC296,652$854.4K1.07%+137,619+86.5%Added
JPMorgan Chase & Co277,784$800.0K0.00%+125,099+81.9%Added
Invesco Ltd.272,312$784.3K0.00%−10,938−3.9%Reduced
Jump Financial, LLC264,409$761.5K0.02%−584,547−68.9%Reduced
Guggenheim Capital LLC260,043$748.9K0.01%−42,057−13.9%Reduced
Two Sigma Securities, LLC258,376$744.1K0.13%+231,140+848.7%Added
B. Metzler seel. Sohn & Co. AG256,600$740.2K0.01%−7,960−3.0%Reduced
UBS Asset Management Americas Inc254,500$733.0K0.00%−782,980−75.5%Reduced
STRS Ohio251,260$723.6K0.00%+29,500+13.3%Added
Point72 Asset Management, L.P.233,600$672.8K0.00%−704,500−75.1%Reduced
ARGA Investment Management, LP225,411$649.2K0.02%+1,940+0.9%Added
Pacer Advisors, Inc.208,977$601.9K0.00%+16,313+8.5%Added
Massachusetts Financial Services Co158,259$455.8K0.00%+158,259New
Neuberger Berman Group LLC156,975$452.1K0.00%+54,785+53.6%Added
Daiwa Securities Group Inc.154,536$445.0K0.00%−155,022−50.1%Reduced
Barclays PLC150,616$433.8K0.00%+150,616New
Qube Research & Technologies Ltd142,582$410.6K0.00%+142,582New
LPL Financial LLC139,463$401.7K0.00%−17,793−11.3%Reduced
Appian Way Asset Management LP136,391$392.8K0.09%+136,391New
Advisors Asset Management, Inc.130,929$377.1K0.01%−40,600−23.7%Reduced
Capital Group Investment Management Pte. Ltd.130,150$374.8K0.07%−155,831−54.5%Reduced
Crossmark Global Holdings, Inc.121,978$351.0K0.01%−2,946−2.4%Reduced
CAPROCK Group, Inc.116,728$336.2K0.01%+11,715+11.2%Added
Provida Pension Fund Administrator111,709$321.7K0.01%00.0%Unchanged
AssuredPartners Investment Advisors, LLC105,692$304.4K0.06%+105,692New
Creative Planning100,787$290.3K0.00%−10,235−9.2%Reduced
Banco Santander, S.A.95,667$275.5K0.00%+34,562+56.6%Added
Citadel Advisors LLC94,182$271.2K0.00%−671,335−87.7%Reduced
Schonfeld Strategic Advisors LLC91,200$262.7K0.00%+91,200New
Truist Financial Corp90,646$261.1K0.00%+1,157+1.3%Added
Kathmere Capital Management, LLC88,537$255.0K0.02%00.0%Unchanged
Stratos Wealth Partners, LTD.88,200$254.0K0.00%00.0%Unchanged
Susquehanna International Group, LLP87,098$250.8K0.00%−191,196−68.7%Reduced
VPR Management LLC86,242$248.4K0.13%00.0%Unchanged
Legacy Financial Advisors, Inc.78,000$224.6K0.04%00.0%Unchanged
Mirae Asset Global Investments Co., Ltd.70,116$203.5K0.00%+6,555+10.3%Added
Engineers Gate Manager LP70,595$203.3K0.00%+4,959+7.6%Added
Gsa Capital Partners LLP63,283$182.0K0.01%+63,283New
Headlands Technologies LLC62,138$179.0K0.02%+52,496+544.5%Added
Virtus ETF Advisers LLC54,250$156.2K0.06%+2,573+5.0%Added
Wells Fargo & Company53,736$154.8K0.00%+4,657+9.5%Added
Farringdon Capital, Ltd.53,282$153.5K0.06%+53,282New