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, Q2 2025
Institutional positions in Gerdau S.A. as of Jun 30, 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
- 167
- −12 vs. Q1 2025
- Shares held
- 304.8M
- −4.95M (−1.6%) vs. Q1 2025
- Total value
- $890.0M
- +$10.6M (+1.2%) vs. Q1 2025
- New holders
- 23
- 63 more added
- Sold out
- 35
- 48 more reduced
3 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| FMR LLC | 109,091,180 | $318.5M | 0.02% | +11,918,859+12.3% | Added |
| Capital International Investors | 30,464,285 | $89.0M | 0.02% | +16,906+0.1% | Added |
| Contrarian Capital Management, L.L.C. | 19,069,112 | $55.7M | 15.93% | −150,000−0.8% | Reduced |
| Citadel Advisors LLC | 13,141,606 | $38.4M | 0.03% | +9,866,728+301.3% | Added |
| Bank of America Corp | 12,984,389 | $37.9M | 0.00% | +8,039,814+162.6% | Added |
| Dimensional Fund Advisors LP | 12,446,714 | $36.3M | 0.01% | −623,156−4.8% | Reduced |
| Renaissance Technologies LLC | 10,243,601 | $29.9M | 0.04% | +1,857,577+22.2% | Added |
| Two Sigma Investments, LP | 7,791,028 | $22.7M | 0.04% | −3,824,631−32.9% | Reduced |
| BlackRock, Inc. | 7,020,741 | $20.5M | 0.00% | −1,207,198−14.7% | Reduced |
| Donald Smith & Co., Inc. | 5,972,460 | $17.4M | 0.41% | +5,972,460 | New |
| Two Sigma Advisers, LP | 5,667,060 | $16.5M | 0.03% | −4,310,600−43.2% | Reduced |
| Morgan Stanley | 4,307,444 | $12.6M | 0.00% | −4,968,442−53.6% | Reduced |
| Itau Unibanco Holding S.A. | 4,036,600 | $11.8M | 0.45% | +1,358,300+50.7% | Added |
| American Century Companies Inc | 4,016,749 | $11.7M | 0.01% | +366,340+10.0% | Added |
| Optiver Holding B.V. | 3,683,049 | $10.8M | 0.29% | +710,734+23.9% | Added |
| Millennium Management LLC | 3,554,391 | $10.4M | 0.01% | −809,373−18.5% | Reduced |
| Goldman Sachs Group Inc | 3,447,326 | $10.1M | 0.00% | +1,438,599+71.6% | Added |
| State Street Corp | 3,240,617 | $9.46M | 0.00% | +208,093+6.9% | Added |
| Vanguard Group Inc | 3,171,710 | $9.26M | 0.00% | +49,238+1.6% | Added |
| FIL Ltd | 2,892,664 | $8.45M | 0.01% | +2,892,664 | New |
| SPX Equities Gestao de Recursos Ltda | 2,869,104 | $8.38M | 0.78% | +2,869,104 | New |
| Causeway Capital Management LLC | 2,670,178 | $7.80M | 0.12% | 00.0% | Unchanged |
| D. E. Shaw & Co., Inc. | 2,426,242 | $7.08M | 0.01% | +1,549,332+176.7% | Added |
| Kawa Capital Management, Inc | 2,094,404 | $6.12M | 11.15% | 00.0% | Unchanged |
| UBS Group AG | 2,073,033 | $6.05M | 0.00% | −1,008,190−32.7% | Reduced |
| Cubist Systematic Strategies, LLC | 1,948,705 | $5.69M | 0.06% | +1,948,705 | New |
| Mackenzie Financial Corp | 1,544,372 | $4.51M | 0.01% | −881,221−36.3% | Reduced |
| Amundi | 1,126,161 | $3.43M | 0.00% | +1,190+0.1% | Added |
| Van Eck Associates Corp | 1,030,576 | $3.01M | 0.00% | −130,758−11.3% | Reduced |
| AXA S.A. | 1,024,392 | $2.99M | 0.01% | 00.0% | Unchanged |
| Northern Trust Corp | 900,494 | $2.63M | 0.00% | −232,140−20.5% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 884,022 | $2.58M | 0.01% | −91,311−9.4% | Reduced |
| Acadian Asset Management LLC | 867,667 | $2.53M | 0.01% | −2,440,035−73.8% | Reduced |
| Capital International Sarl | 845,688 | $2.47M | 0.05% | 00.0% | Unchanged |
| Legal & General Group Plc | 840,628 | $2.45M | 0.00% | 00.0% | Unchanged |
| HSBC Holdings PLC | 805,801 | $2.35M | 0.00% | +35,030+4.5% | Added |
| Marshall Wace, LLP | 739,473 | $2.16M | 0.00% | −4,929,839−87.0% | Reduced |
| Grantham, Mayo, Van Otterloo & Co. LLC | 702,020 | $2.05M | 0.01% | −2,927,556−80.7% | Reduced |
| Capital International Inc | 644,644 | $1.88M | 0.02% | −1,328−0.2% | Reduced |
| BNP Paribas Arbitrage, SA | 643,374 | $1.88M | 0.00% | −152,479−19.2% | Reduced |
| Citigroup Inc | 599,566 | $1.75M | 0.00% | +48,870+8.9% | Added |
| Massachusetts Financial Services Co | 587,602 | $1.72M | 0.00% | +195,328+49.8% | Added |
| Capital International Ltd | 586,778 | $1.71M | 0.07% | 00.0% | Unchanged |
| AIA Group Ltd | 452,237 | $1.32M | 0.03% | 00.0% | Unchanged |
| Virtus Family Office LLC | 451,158 | $1.32M | 1.69% | +147,259+48.5% | Added |
| JPMorgan Chase & Co | 423,367 | $1.24M | 0.00% | +241,651+133.0% | Added |
| Quantbot Technologies LP | 422,861 | $1.23M | 0.03% | −26,096−5.8% | Reduced |
| Fisher Asset Management, LLC | 404,981 | $1.18M | 0.00% | 00.0% | Unchanged |
| Guggenheim Capital LLC | 371,567 | $1.08M | 0.01% | +75,453+25.5% | Added |
| Russell Investments Group, Ltd. | 361,910 | $1.06M | 0.00% | 00.0% | Unchanged |
| Ci Investments Inc. | 328,741 | $960.0K | 0.00% | +328,741 | New |
| Aquatic Capital Management LLC | 295,463 | $862.8K | 0.02% | −22,230−7.0% | Reduced |
| Commonwealth Equity Services, LLC | 290,227 | $847.0K | 0.00% | −304−0.1% | Reduced |
| Invesco Ltd. | 271,819 | $793.7K | 0.00% | −9,067−3.2% | Reduced |
| Banco BTG Pactual S.A. | 261,800 | $764.5K | 0.16% | +200,900+329.9% | Added |
| STRS Ohio | 259,660 | $758.2K | 0.00% | 00.0% | Unchanged |
| Banque Cantonale Vaudoise | 258,000 | $753.0K | 0.03% | 00.0% | Unchanged |
| Point72 Asset Management, L.P. | 248,600 | $725.9K | 0.00% | +38,139+18.1% | Added |
| ARGA Investment Management, LP | 226,447 | $661.2K | 0.02% | +1,036+0.5% | Added |
| Neuberger Berman Group LLC | 213,134 | $622.4K | 0.00% | −24,350−10.3% | Reduced |
| AQR Capital Management LLC | 208,085 | $607.6K | 0.00% | −374,864−64.3% | Reduced |
| Two Sigma Securities, LLC | 207,111 | $604.8K | 0.07% | +207,111 | New |
| Ethic Inc. | 209,826 | $602.2K | 0.01% | −68,357−24.6% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 181,001 | $528.5K | 0.02% | +405+0.2% | Added |
| Banco Santander, S.A. | 171,347 | $500.3K | 0.00% | +61,700+56.3% | Added |
| Jane Street Group, LLC | 154,757 | $451.9K | 0.00% | −39,932−20.5% | Reduced |
| Capital Group Investment Management Pte. Ltd. | 130,150 | $380.0K | 0.07% | 00.0% | Unchanged |
| QRG Capital Management, Inc. | 129,765 | $378.9K | 0.00% | +6,289+5.1% | Added |
| LGT Group Foundation | 124,590 | $363.8K | 0.00% | 00.0% | Unchanged |
| Provida Pension Fund Administrator | 111,709 | $326.2K | 0.01% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 93,084 | $271.8K | 0.00% | +72,595+354.3% | Added |
| Truist Financial Corp | 92,204 | $269.2K | 0.00% | +519+0.6% | Added |
| Integrated Wealth Concepts LLC | 91,646 | $267.6K | 0.00% | +91,646 | New |
| RBF Capital, LLC | 90,000 | $262.8K | 0.01% | 00.0% | Unchanged |
| Virtu Financial LLC | 89,486 | $261.0K | 0.01% | +89,486 | New |
| Cambridge Investment Research Advisors, Inc. | 88,943 | $260.0K | 0.00% | +3,738+4.4% | Added |
| Stratos Wealth Partners, LTD. | 88,200 | $257.5K | 0.00% | 00.0% | Unchanged |
| VPR Management LLC | 86,242 | $251.8K | 0.12% | 00.0% | Unchanged |
| SEI Investments Co | 85,928 | $250.9K | 0.00% | +57,112+198.2% | Added |
| Schonfeld Strategic Advisors LLC | 79,562 | $232.3K | 0.00% | −188,524−70.3% | Reduced |
| Crossmark Global Holdings, Inc. | 74,784 | $218.4K | 0.00% | +54+0.1% | Added |
| Daiwa Securities Group Inc. | 73,536 | $215.0K | 0.00% | 00.0% | Unchanged |
| BSW Wealth Partners | 72,591 | $212.0K | 0.03% | +3,196+4.6% | Added |
| Mirae Asset Global Investments Co., Ltd. | 71,349 | $208.3K | 0.00% | +4,227+6.3% | Added |
| Creative Planning | 70,079 | $204.6K | 0.00% | +32,961+88.8% | Added |
| HRT Financial LP | 67,832 | $198.0K | 0.00% | −32,960−32.7% | Reduced |
| Vident Advisory, LLC | 67,616 | $197.4K | 0.00% | +67,616 | New |
| Robeco Institutional Asset Management B.V. | 63,226 | $184.6K | 0.00% | −391,827−86.1% | Reduced |
| Sequoia Financial Advisors, LLC | 60,546 | $176.8K | 0.00% | +47,485+363.6% | Added |
| Employees Retirement System of Texas | 59,991 | $175.0K | 0.00% | +59,991 | New |
| Wells Fargo & Company | 51,697 | $151.0K | 0.00% | −3,849−6.9% | Reduced |
| Rhumbline Advisers | 47,247 | $138.0K | 0.00% | +600+1.3% | Added |
| Inspire Advisors, LLC | 45,510 | $132.9K | 0.01% | −52−0.1% | Reduced |
| Quadrant Capital Group LLC | 45,507 | $132.9K | 0.00% | +33,739+286.7% | Added |
| JustInvest LLC | 42,367 | $123.7K | 0.00% | +17,790+72.4% | Added |
| Squarepoint Ops LLC | 40,238 | $117.5K | 0.00% | +19,536+94.4% | Added |
| Simplex Trading, LLC | 36,478 | $106.0K | 0.00% | −6,190−14.5% | Reduced |
| Mercer Global Advisors Inc | 35,566 | $103.9K | 0.00% | −5,583−13.6% | Reduced |
| Fractal Investments LLC | 33,264 | $97.1K | 0.01% | 00.0% | Unchanged |
| Advisors Asset Management, Inc. | 32,883 | $96.0K | 0.00% | −54,807−62.5% | Reduced |