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, Q3 2025
Institutional positions in Gerdau S.A. as of Sep 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
- 176
- +9 vs. Q2 2025
- Shares held
- 327.5M
- +22.8M (+7.5%) vs. Q2 2025
- Total value
- $1.02B
- +$125.5M (+14.1%) vs. Q2 2025
- New holders
- 29
- 73 more added
- Sold out
- 20
- 46 more reduced
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Toroso Investments, LLC | 141,512 | $438.7K | 0.00% | +141,512 | New |
| Creative Planning | 148,658 | $460.8K | 0.00% | +78,579+112.1% | Added |
| Daiwa Securities Group Inc. | 149,536 | $464.0K | 0.00% | +76,000+103.4% | Added |
| BNP Paribas Arbitrage, SA | 179,070 | $555.1K | 0.00% | −464,304−72.2% | Reduced |
| Hartree Partners, LP | 179,090 | $555.2K | 0.19% | +179,090 | New |
| Hennion & Walsh Asset Management, Inc. | 179,788 | $557.3K | 0.02% | −1,213−0.7% | Reduced |
| Acadian Asset Management LLC | 185,766 | $574.0K | 0.00% | −681,901−78.6% | Reduced |
| AQR Capital Management LLC | 200,213 | $620.7K | 0.00% | −7,872−3.8% | Reduced |
| Neuberger Berman Group LLC | 214,077 | $663.6K | 0.00% | +943+0.4% | Added |
| Capital International Inc | 216,167 | $670.1K | 0.01% | −428,477−66.5% | Reduced |
| JPMorgan Chase & Co | 238,635 | $739.8K | 0.00% | −184,732−43.6% | Reduced |
| Balyasny Asset Management LLC | 246,998 | $765.7K | 0.00% | +246,998 | New |
| Ethic Inc. | 248,660 | $770.8K | 0.01% | +38,834+18.5% | Added |
| ARGA Investment Management, LP | 252,387 | $782.4K | 0.02% | +25,940+11.5% | Added |
| STRS Ohio | 259,660 | $804.9K | 0.00% | 00.0% | Unchanged |
| Robeco Institutional Asset Management B.V. | 262,341 | $813.3K | 0.00% | +199,115+314.9% | Added |
| Invesco Ltd. | 272,160 | $843.7K | 0.00% | +341+0.1% | Added |
| Commonwealth Equity Services, LLC | 280,616 | $870.0K | 0.00% | −9,611−3.3% | Reduced |
| XTX Topco Ltd | 315,043 | $976.6K | 0.05% | +299,081+1,873.7% | Added |
| Gsa Capital Partners LLP | 316,396 | $981.0K | 0.08% | +316,396 | New |
| Ci Investments Inc. | 317,443 | $984.0K | 0.00% | −11,298−3.4% | Reduced |
| Squarepoint Ops LLC | 331,132 | $1.03M | 0.00% | +290,894+722.9% | Added |
| Point72 Asset Management, L.P. | 378,600 | $1.17M | 0.00% | +130,000+52.3% | Added |
| Quantbot Technologies LP | 390,443 | $1.21M | 0.03% | −32,418−7.7% | Reduced |
| Guggenheim Capital LLC | 397,574 | $1.23M | 0.01% | +26,007+7.0% | Added |
| Fisher Asset Management, LLC | 404,981 | $1.26M | 0.00% | 00.0% | Unchanged |
| Virtu Financial LLC | 424,385 | $1.32M | 0.07% | +334,899+374.2% | Added |
| Virtus Family Office LLC | 575,069 | $1.78M | 1.67% | +123,911+27.5% | Added |
| Capital International Ltd | 586,778 | $1.82M | 0.07% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 591,604 | $1.83M | 0.00% | +591,604 | New |
| Grantham, Mayo, Van Otterloo & Co. LLC | 641,323 | $1.99M | 0.01% | −60,697−8.6% | Reduced |
| Aquatic Capital Management LLC | 687,466 | $2.13M | 0.04% | +392,003+132.7% | Added |
| Susquehanna International Group, LLP | 768,232 | $2.38M | 0.00% | +675,148+725.3% | Added |
| HSBC Holdings PLC | 795,543 | $2.47M | 0.00% | −10,258−1.3% | Reduced |
| Legal & General Group Plc | 840,628 | $2.60M | 0.00% | 00.0% | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. | 851,660 | $2.64M | 0.01% | −32,362−3.7% | Reduced |
| Cubist Systematic Strategies, LLC | 925,457 | $2.87M | 0.04% | −1,023,248−52.5% | Reduced |
| Massachusetts Financial Services Co | 940,472 | $2.92M | 0.00% | +352,870+60.1% | Added |
| Capital International Sarl | 952,005 | $2.95M | 0.05% | +106,317+12.6% | Added |
| Northern Trust Corp | 980,248 | $3.04M | 0.00% | +79,754+8.9% | Added |
| AXA Investment Managers S.A. | 1,024,392 | $3.18M | 0.01% | +1,024,392 | New |
| Van Eck Associates Corp | 1,272,140 | $3.94M | 0.00% | +241,564+23.4% | Added |
| Schonfeld Strategic Advisors LLC | 1,280,109 | $3.97M | 0.03% | +1,200,547+1,508.9% | Added |
| Amundi | 1,319,223 | $4.30M | 0.00% | +193,062+17.1% | Added |
| Sagil Capital LLP | 1,567,825 | $4.86M | 2.93% | +1,567,825 | New |
| Engineers Gate Manager LP | 1,627,043 | $5.04M | 0.06% | +1,627,043 | New |
| Kapitalo Investimentos Ltda | 1,921,865 | $5.96M | 1.12% | +1,921,865 | New |
| Marshall Wace, LLP | 1,952,413 | $6.05M | 0.01% | +1,212,940+164.0% | Added |
| UBS Asset Management Americas Inc | 1,990,880 | $6.17M | 0.00% | +1,990,880 | New |
| Citadel Advisors LLC | 2,008,015 | $6.22M | 0.00% | −11,133,591−84.7% | Reduced |
| Millennium Management LLC | 2,029,799 | $6.29M | 0.00% | −1,524,592−42.9% | Reduced |
| UBS Group AG | 2,091,144 | $6.48M | 0.00% | +18,111+0.9% | Added |
| Kawa Capital Management, Inc | 2,094,404 | $6.49M | 11.77% | 00.0% | Unchanged |
| Mackenzie Financial Corp | 2,280,093 | $7.07M | 0.01% | +735,721+47.6% | Added |
| FIL Ltd | 3,042,520 | $9.43M | 0.01% | +149,856+5.2% | Added |
| D. E. Shaw & Co., Inc. | 3,166,259 | $9.82M | 0.01% | +740,017+30.5% | Added |
| Two Sigma Advisers, LP | 3,219,360 | $9.98M | 0.02% | −2,447,700−43.2% | Reduced |
| Vanguard Group Inc | 3,255,593 | $10.1M | 0.00% | +83,883+2.6% | Added |
| State Street Corp | 3,340,545 | $10.4M | 0.00% | +99,928+3.1% | Added |
| SPX Equities Gestao de Recursos Ltda | 4,491,042 | $13.9M | 1.17% | +1,621,938+56.5% | Added |
| American Century Companies Inc | 4,821,008 | $14.9M | 0.01% | +804,259+20.0% | Added |
| Goldman Sachs Group Inc | 5,212,804 | $16.2M | 0.00% | +1,765,478+51.2% | Added |
| Optiver Holding B.V. | 5,435,331 | $16.8M | 0.27% | +1,752,282+47.6% | Added |
| Morgan Stanley | 6,687,098 | $20.7M | 0.00% | +2,379,654+55.2% | Added |
| BlackRock, Inc. | 7,003,117 | $21.7M | 0.00% | −17,624−0.3% | Reduced |
| Causeway Capital Management LLC | 7,189,270 | $22.3M | 0.29% | +4,519,092+169.2% | Added |
| Two Sigma Investments, LP | 7,491,210 | $23.2M | 0.04% | −299,818−3.8% | Reduced |
| Itau Unibanco Holding S.A. | 9,956,261 | $30.9M | 1.06% | +5,919,661+146.6% | Added |
| Renaissance Technologies LLC | 10,857,148 | $33.7M | 0.04% | +613,547+6.0% | Added |
| Dimensional Fund Advisors LP | 12,044,353 | $37.3M | 0.01% | −402,361−3.2% | Reduced |
| Bank of America Corp | 15,894,871 | $49.3M | 0.00% | +2,910,482+22.4% | Added |
| Donald Smith & Co., Inc. | 16,229,292 | $50.3M | 1.00% | +10,256,832+171.7% | Added |
| Aquamarine Financial (Cayman) Ltd | 17,801,228 | $55.2M | 5.66% | +17,801,228 | New |
| Contrarian Capital Management, L.L.C. | 19,069,112 | $59.1M | 14.92% | 00.0% | Unchanged |
| Capital International Investors | 31,046,243 | $96.2M | 0.02% | +581,958+1.9% | Added |
| FMR LLC | 85,298,306 | $264.4M | 0.01% | −23,792,874−21.8% | Reduced |
| AXA S.A. | 0 | $0 | 0.00% | −1,024,392−100.0% | Sold out |
| AIA Group Ltd | 0 | $0 | 0.00% | −452,237−100.0% | Sold out |
| Russell Investments Group, Ltd. | 0 | $0 | 0.00% | −361,910−100.0% | Sold out |
| Banque Cantonale Vaudoise | 0 | $0 | 0.00% | −258,000−100.0% | Sold out |
| Banco Santander, S.A. | 0 | $0 | 0.00% | −171,347−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −154,757−100.0% | Sold out |
| Employees Retirement System of Texas | 0 | $0 | 0.00% | −59,991−100.0% | Sold out |
| Advisors Asset Management, Inc. | 0 | $0 | 0.00% | −32,883−100.0% | Sold out |
| LPL Financial LLC | 0 | $0 | 0.00% | −30,584−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −26,601−100.0% | Sold out |
| Pekin Hardy Strauss, Inc. | 0 | $0 | 0.00% | −26,000−100.0% | Sold out |
| Abacus Wealth Partners, LLC | 0 | $0 | 0.00% | −22,823−100.0% | Sold out |
| Tradition Wealth Management, LLC | 0 | $0 | 0.00% | −20,000−100.0% | Sold out |
| Wetherby Asset Management Inc | 0 | $0 | 0.00% | −14,345−100.0% | Sold out |
| Sumitomo Mitsui Trust Holdings, Inc. | 0 | $0 | 0.00% | −13,862−100.0% | Sold out |
| Park Avenue Securities LLC | 0 | $0 | 0.00% | −10,024−100.0% | Sold out |
| MAI Capital Management | 0 | $0 | 0.00% | −382−100.0% | Sold out |
| Jones Financial Companies LLLP | 0 | $0 | 0.00% | −252−100.0% | Sold out |
| Skopos Labs, Inc. | 0 | $0 | 0.00% | −54−100.0% | Sold out |
| IFP Advisors, Inc | 0 | $0 | 0.00% | 0 | Sold out |