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 2025
Institutional positions in Gerdau S.A. as of Mar 31, 2025. 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
- 182
- −5 vs. Q4 2024
- Shares held
- 309.8M
- −14.6M (−4.5%) vs. Q4 2024
- Total value
- $879.7M
- −$54.7M (−5.9%) vs. Q4 2024
- New holders
- 27
- 44 more added
- Sold out
- 32
- 66 more reduced
Compare with Q4 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.
| 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, Q1 2025
Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| FMR LLC | 97,172,321 | $276.0M | 0.02% | −1,022,675−1.0% | Reduced |
| Capital International Investors | 30,447,379 | $86.5M | 0.02% | 00.0% | Unchanged |
| Contrarian Capital Management, L.L.C. | 19,219,112 | $54.6M | 14.02% | 00.0% | Unchanged |
| Dimensional Fund Advisors LP | 13,069,870 | $37.1M | 0.01% | −164,574−1.2% | Reduced |
| Two Sigma Investments, LP | 11,615,659 | $33.0M | 0.07% | −3,188,840−21.5% | Reduced |
| Encompass Capital Advisors LLC | 10,610,617 | $30.1M | 1.16% | +10,610,617 | New |
| Two Sigma Advisers, LP | 9,977,660 | $28.3M | 0.06% | −2,668,000−21.1% | Reduced |
| Morgan Stanley | 9,275,886 | $26.3M | 0.00% | −9,583,393−50.8% | Reduced |
| Renaissance Technologies LLC | 8,386,024 | $23.8M | 0.04% | +2,779,200+49.6% | Added |
| BlackRock, Inc. | 8,227,939 | $23.4M | 0.00% | +142,792+1.8% | Added |
| Carrhae Capital LLP | 6,568,703 | $18.7M | 2.17% | +6,568,703 | New |
| Marshall Wace, LLP | 5,669,312 | $16.1M | 0.02% | −31,435−0.6% | Reduced |
| Bank of America Corp | 4,944,575 | $14.0M | 0.00% | −5,151,147−51.0% | Reduced |
| Millennium Management LLC | 4,363,764 | $12.4M | 0.01% | +1,541,311+54.6% | Added |
| Sagil Capital LLP | 3,900,000 | $11.1M | 9.62% | +3,900,000 | New |
| American Century Companies Inc | 3,650,409 | $10.4M | 0.01% | +294,513+8.8% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 3,629,576 | $10.3M | 0.03% | −1,174,063−24.4% | Reduced |
| Acadian Asset Management LLC | 3,307,702 | $9.39M | 0.03% | −7,819,934−70.3% | Reduced |
| Citadel Advisors LLC | 3,274,878 | $9.30M | 0.01% | +3,180,696+3,377.2% | Added |
| Vanguard Group Inc | 3,122,472 | $8.87M | 0.00% | −62,465−2.0% | Reduced |
| UBS Group AG | 3,081,223 | $8.75M | 0.00% | +2,373,195+335.2% | Added |
| State Street Corp | 3,032,524 | $8.61M | 0.00% | −116,569−3.7% | Reduced |
| Optiver Holding B.V. | 2,972,315 | $8.44M | 0.33% | −421,954−12.4% | Reduced |
| Causeway Capital Management LLC | 2,670,178 | $7.58M | 0.16% | 00.0% | Unchanged |
| Itau Unibanco Holding S.A. | 2,678,300 | $7.37M | 0.29% | +823,300+44.4% | Added |
| Mackenzie Financial Corp | 2,425,593 | $6.89M | 0.01% | +1,998,206+467.5% | Added |
| UBS Asset Management Americas Inc | 2,344,175 | $6.66M | 0.00% | +2,089,675+821.1% | Added |
| Kawa Capital Management, Inc | 2,094,404 | $6.01M | 13.43% | +2,094,404 | New |
| Goldman Sachs Group Inc | 2,008,727 | $5.70M | 0.00% | −13,664,536−87.2% | Reduced |
| New York State Common Retirement Fund | 1,709,321 | $4.85M | 0.01% | −764,099−30.9% | Reduced |
| Van Eck Associates Corp | 1,161,334 | $3.30M | 0.00% | +111,944+10.7% | Added |
| Northern Trust Corp | 1,132,634 | $3.22M | 0.00% | +214,396+23.3% | Added |
| Amundi | 1,124,971 | $3.15M | 0.00% | 00.0% | Unchanged |
| AXA S.A. | 1,024,392 | $2.91M | 0.01% | 00.0% | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. | 975,333 | $2.77M | 0.01% | −57,208−5.5% | Reduced |
| D. E. Shaw & Co., Inc. | 876,910 | $2.49M | 0.00% | −929,961−51.5% | Reduced |
| Capital International Sarl | 845,688 | $2.40M | 0.05% | 00.0% | Unchanged |
| Legal & General Group Plc | 840,628 | $2.39M | 0.00% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 795,853 | $2.26M | 0.00% | +242,566+43.8% | Added |
| HSBC Holdings PLC | 770,771 | $2.19M | 0.00% | −69,377−8.3% | Reduced |
| BTG Pactual Asset Management US LLC | 765,924 | $2.18M | 0.28% | 00.0% | Unchanged |
| Capital International Inc | 645,972 | $1.83M | 0.02% | 00.0% | Unchanged |
| Capital International Ltd | 586,778 | $1.67M | 0.07% | 00.0% | Unchanged |
| AQR Capital Management LLC | 582,949 | $1.66M | 0.00% | +231,588+65.9% | Added |
| Citigroup Inc | 550,696 | $1.56M | 0.00% | +19,522+3.7% | Added |
| Asset Management One Co.,Ltd. | 458,516 | $1.30M | 0.00% | 00.0% | Unchanged |
| Robeco Institutional Asset Management B.V. | 455,053 | $1.29M | 0.00% | +403,894+789.5% | Added |
| AIA Group Ltd | 452,237 | $1.28M | 0.03% | 00.0% | Unchanged |
| Quantbot Technologies LP | 448,957 | $1.28M | 0.04% | +448,957 | New |
| Fisher Asset Management, LLC | 404,981 | $1.15M | 0.00% | −168,003−29.3% | Reduced |
| Massachusetts Financial Services Co | 392,274 | $1.11M | 0.00% | +234,015+147.9% | Added |
| Jump Financial, LLC | 391,728 | $1.11M | 0.02% | +127,319+48.2% | Added |
| Pinebridge Investments, L.P. | 367,912 | $1.04M | 0.01% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 361,910 | $1.03M | 0.00% | −79,886−18.1% | Reduced |
| Aquatic Capital Management LLC | 317,693 | $902.2K | 0.02% | +317,693 | New |
| Virtus Family Office LLC | 303,899 | $863.1K | 1.11% | +7,247+2.4% | Added |
| Guggenheim Capital LLC | 296,114 | $841.0K | 0.01% | +36,071+13.9% | Added |
| Commonwealth Equity Services, LLC | 290,531 | $825.0K | 0.00% | −15,792−5.2% | Reduced |
| Ethic Inc. | 278,183 | $812.3K | 0.02% | −18,958−6.4% | Reduced |
| Invesco Ltd. | 280,886 | $797.7K | 0.00% | +8,574+3.1% | Added |
| Schonfeld Strategic Advisors LLC | 268,086 | $761.4K | 0.01% | +176,886+194.0% | Added |
| STRS Ohio | 259,660 | $737.4K | 0.00% | +8,400+3.3% | Added |
| Banque Cantonale Vaudoise | 258,000 | $733.0K | 0.03% | +258,000 | New |
| Neuberger Berman Group LLC | 237,484 | $674.5K | 0.00% | +80,509+51.3% | Added |
| ARGA Investment Management, LP | 225,411 | $640.2K | 0.02% | 00.0% | Unchanged |
| Point72 Asset Management, L.P. | 210,461 | $597.7K | 0.00% | −23,139−9.9% | Reduced |
| Qube Research & Technologies Ltd | 198,237 | $563.0K | 0.00% | +55,655+39.0% | Added |
| Jane Street Group, LLC | 194,689 | $552.9K | 0.00% | −1,041,582−84.3% | Reduced |
| Pacer Advisors, Inc. | 190,094 | $539.9K | 0.00% | −18,883−9.0% | Reduced |
| JPMorgan Chase & Co | 181,716 | $516.1K | 0.00% | −96,068−34.6% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 180,596 | $512.9K | 0.02% | −265,466−59.5% | Reduced |
| Kapitalo Investimentos Ltda | 158,682 | $450.7K | 0.09% | +158,682 | New |
| Toroso Investments, LLC | 136,960 | $389.0K | 0.00% | +136,960 | New |
| Capital Group Investment Management Pte. Ltd. | 130,150 | $369.6K | 0.08% | 00.0% | Unchanged |
| LGT Group Foundation | 124,590 | $353.8K | 0.00% | +124,590 | New |
| QRG Capital Management, Inc. | 123,476 | $350.7K | 0.00% | +77,451+168.3% | Added |
| Provida Pension Fund Administrator | 111,709 | $317.3K | 0.01% | 00.0% | Unchanged |
| Aigen Investment Management, LP | 110,435 | $313.6K | 0.05% | +110,435 | New |
| Banco Santander, S.A. | 109,647 | $311.4K | 0.00% | +13,980+14.6% | Added |
| HRT Financial LP | 100,792 | $286.0K | 0.00% | +100,792 | New |
| Truist Financial Corp | 91,685 | $260.4K | 0.00% | +1,039+1.1% | Added |
| Barclays PLC | 90,858 | $258.0K | 0.00% | −59,758−39.7% | Reduced |
| RBF Capital, LLC | 90,000 | $255.6K | 0.02% | +90,000 | New |
| CAPROCK Group, Inc. | 89,075 | $253.0K | 0.01% | −27,653−23.7% | Reduced |
| Stratos Wealth Partners, LTD. | 88,200 | $250.5K | 0.00% | 00.0% | Unchanged |
| Advisors Asset Management, Inc. | 87,690 | $249.0K | 0.00% | −43,239−33.0% | Reduced |
| VPR Management LLC | 86,242 | $244.9K | 0.12% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 85,205 | $242.0K | 0.00% | +37,969+80.4% | Added |
| Legacy Financial Advisors, Inc. | 78,000 | $221.5K | 0.04% | 00.0% | Unchanged |
| Crossmark Global Holdings, Inc. | 74,730 | $212.2K | 0.00% | −47,248−38.7% | Reduced |
| Daiwa Securities Group Inc. | 73,536 | $209.0K | 0.00% | −81,000−52.4% | Reduced |
| BSW Wealth Partners | 69,395 | $197.1K | 0.03% | +20,351+41.5% | Added |
| Mirae Asset Global Investments Co., Ltd. | 67,122 | $195.4K | 0.00% | −2,994−4.3% | Reduced |
| Quadrature Capital Ltd | 61,485 | $174.9K | 0.00% | −468,918−88.4% | Reduced |
| Banco BTG Pactual S.A. | 60,900 | $173.0K | 0.04% | +30,000+97.1% | Added |
| Wells Fargo & Company | 55,546 | $157.8K | 0.00% | +1,810+3.4% | Added |
| Engineers Gate Manager LP | 54,847 | $155.8K | 0.00% | −15,748−22.3% | Reduced |
| LPL Financial LLC | 50,559 | $143.6K | 0.00% | −88,904−63.7% | Reduced |
| Rhumbline Advisers | 46,647 | $132.5K | 0.00% | −1,890−3.9% | Reduced |
| Omers Administration Corp | 45,587 | $129.5K | 0.00% | 00.0% | Unchanged |