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 2025
Institutional positions in Gerdau S.A. as of Dec 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
- +9 vs. Q3 2025
- Shares held
- 315.9M
- −9.63M (−3.0%) vs. Q3 2025
- Total value
- $1.17B
- +$156.5M (+15.5%) vs. Q3 2025
- New holders
- 29
- 61 more added
- Sold out
- 20
- 62 more reduced
3 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Huntington National Bank | 1 | $4 | 0.00% | 00.0% | Unchanged |
| Danske Bank A/S | 1 | $4 | 0.00% | 00.0% | Unchanged |
| Ancora Advisors, LLC | 65 | $240 | 0.00% | +65 | New |
| True Wealth Design, LLC | 80 | $296 | 0.00% | 00.0% | Unchanged |
| Bell Investment Advisors, Inc | 187 | $691 | 0.00% | −111−37.2% | Reduced |
| Addison Advisors LLC | 250 | $923 | 0.00% | 00.0% | Unchanged |
| Strategic Wealth Partners, Ltd. | 252 | $930 | 0.00% | +252 | New |
| CWM, LLC | 237 | $1.00K | 0.00% | 00.0% | Unchanged |
| Hantz Financial Services, Inc. | 261 | $1.00K | 0.00% | +261 | New |
| JFS Wealth Advisors, LLC | 273 | $1.01K | 0.00% | +79+40.7% | Added |
| Bogart Wealth, LLC | 344 | $1.27K | 0.00% | +344 | New |
| Tucker Asset Management LLC | 378 | $1.40K | 0.00% | +378 | New |
| Ramirez Asset Management, Inc. | 543 | $2.00K | 0.00% | +543 | New |
| Federation des caisses Desjardins du Quebec | 756 | $2.79K | 0.00% | −756−50.0% | Reduced |
| Brown Brothers Harriman & Co | 818 | $3.02K | 0.00% | +818 | New |
| Assetmark, Inc | 920 | $3.40K | 0.00% | 00.0% | Unchanged |
| WealthCollab, LLC | 1,035 | $3.82K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 1,054 | $3.89K | 0.00% | −512−32.7% | Reduced |
| Rockefeller Capital Management L.P. | 1,185 | $4.37K | 0.00% | −864−42.2% | Reduced |
| Simplex Trading, LLC | 1,254 | $4.63K | 0.00% | −4,006−76.2% | Reduced |
| Farther Finance Advisors, LLC | 1,404 | $5.18K | 0.00% | +1,368+3,800.0% | Added |
| Allworth Financial LP | 1,616 | $5.96K | 0.00% | −4,387−73.1% | Reduced |
| Ronald Blue Trust, Inc. | 1,828 | $6.75K | 0.00% | −4,768−72.3% | Reduced |
| Ritter Daniher Financial Advisory LLC | 2,135 | $7.88K | 0.00% | +2,135 | New |
| North Star Investment Management Corp. | 2,520 | $9.30K | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 2,685 | $9.91K | 0.00% | +301+12.6% | Added |
| Eurizon Capital SGR S.p.A. | 2,893 | $10.7K | 0.00% | +2,893 | New |
| Pioneer Family Office, LLC | 6,174 | $22.8K | 0.02% | +6,174 | New |
| Royal Bank of Canada | 6,691 | $25.0K | 0.00% | −3,075−31.5% | Reduced |
| Basecamp Wealth Advisors LLC | 7,870 | $29.0K | 0.01% | +7,870 | New |
| EverSource Wealth Advisors, LLC | 8,401 | $31.0K | 0.00% | −1,188−12.4% | Reduced |
| Caitong International Asset Management Co., Ltd | 8,490 | $31.3K | 0.01% | −2,597−23.4% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 9,232 | $34.1K | 0.00% | +9,232 | New |
| US Bancorp | 9,401 | $34.7K | 0.00% | 00.0% | Unchanged |
| Capstone Financial Advisors, Inc. | 10,000 | $36.9K | 0.00% | 00.0% | Unchanged |
| Greenspring Advisors, LLC | 10,906 | $40.2K | 0.00% | +10,906 | New |
| Private Advisor Group, LLC | 11,060 | $40.8K | 0.00% | +14+0.1% | Added |
| Ieq Capital, LLC | 11,116 | $41.0K | 0.00% | −376−3.3% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 11,319 | $41.8K | 0.00% | +3,637+47.3% | Added |
| Group One Trading, L.P. | 11,390 | $42.0K | 0.00% | +11,390 | New |
| We Are One Seven, LLC | 11,532 | $42.6K | 0.00% | +1,089+10.4% | Added |
| Zhang Financial LLC | 11,695 | $43.2K | 0.00% | 00.0% | Unchanged |
| United Capital Financial Advisers, LLC | 11,792 | $43.5K | 0.00% | +11,792 | New |
| Mercer Global Advisors Inc | 11,890 | $43.9K | 0.00% | −3,857−24.5% | Reduced |
| Coldstream Capital Management Inc | 11,970 | $44.2K | 0.00% | 00.0% | Unchanged |
| MML Investors Services, LLC | 12,374 | $45.7K | 0.00% | +2,345+23.4% | Added |
| Parallel Advisors, LLC | 14,355 | $53.0K | 0.00% | +533+3.9% | Added |
| O'Shaughnessy Asset Management, LLC | 14,415 | $53.2K | 0.00% | +1,162+8.8% | Added |
| KCM Investment Advisors LLC | 14,576 | $53.8K | 0.00% | 00.0% | Unchanged |
| Franklin Resources Inc | 14,666 | $54.1K | 0.00% | +52+0.4% | Added |
| Argos Wealth Advisors, LLC | 14,757 | $54.5K | 0.02% | +14,757 | New |
| Public Employees Retirement System of Ohio | 15,076 | $55.6K | 0.00% | +15,076 | New |
| Sivia Capital Partners, LLC | 15,549 | $57.4K | 0.01% | −1,869−10.7% | Reduced |
| Signaturefd, LLC | 16,701 | $61.6K | 0.00% | −43−0.3% | Reduced |
| National Bank of Canada | 17,131 | $63.0K | 0.00% | +1,059+6.6% | Added |
| Sigma Planning Corp | 17,325 | $63.9K | 0.00% | +73+0.4% | Added |
| Two Sigma Securities, LLC | 17,447 | $64.4K | 0.01% | +7,343+72.7% | Added |
| Plan A Wealth LLC | 17,944 | $66.2K | 0.03% | +2,047+12.9% | Added |
| Aigen Investment Management, LP | 19,304 | $71.2K | 0.02% | −21,366−52.5% | Reduced |
| Xponance, Inc. | 20,570 | $75.9K | 0.00% | +2,845+16.1% | Added |
| Raymond James Financial Inc | 22,244 | $82.1K | 0.00% | 00.0% | Unchanged |
| Wells Fargo & Company | 22,733 | $83.9K | 0.00% | −3,214−12.4% | Reduced |
| State of Wyoming | 24,228 | $89.4K | 0.01% | +16,890+230.2% | Added |
| Tudor Investment Corp Et Al | 24,638 | $90.9K | 0.00% | +24,638 | New |
| Yousif Capital Management, LLC | 22,284 | $92.7K | 0.00% | 00.0% | Unchanged |
| Pavaki Capital Management LLC | 25,200 | $93.0K | 0.06% | +25,200 | New |
| CWM Advisors, LLC | 26,397 | $97.4K | 0.01% | +2,607+11.0% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 26,455 | $97.6K | 0.00% | −2,400−8.3% | Reduced |
| Ballentine Partners, LLC | 26,578 | $98.1K | 0.00% | +7,789+41.5% | Added |
| QRG Capital Management, Inc. | 26,904 | $99.3K | 0.00% | −20,451−43.2% | Reduced |
| PharVision Advisers, LLC | 27,308 | $100.8K | 0.05% | +5,240+23.7% | Added |
| West Family Investments, Inc. | 28,168 | $103.9K | 0.02% | 00.0% | Unchanged |
| Johnson Investment Counsel Inc | 28,300 | $104.4K | 0.00% | 00.0% | Unchanged |
| CI Private Wealth, LLC | 28,394 | $104.8K | 0.00% | −183−0.6% | Reduced |
| The PNC Financial Services Group, Inc. | 31,219 | $115.2K | 0.00% | −3,283−9.5% | Reduced |
| Tuttle Tactical Management | 31,986 | $118.0K | 0.26% | +31,986 | New |
| Fractal Investments LLC | 33,264 | $122.7K | 0.02% | 00.0% | Unchanged |
| Sowell Financial Services LLC | 33,377 | $123.2K | 0.00% | +1,000+3.1% | Added |
| Profund Advisors LLC | 33,635 | $124.1K | 0.00% | +7,644+29.4% | Added |
| Magnetar Financial LLC | 34,114 | $125.9K | 0.00% | +34,114 | New |
| Cerity Partners LLC | 35,990 | $132.8K | 0.00% | +6,612+22.5% | Added |
| Money Concepts Capital Corp | 38,430 | $141.8K | 0.01% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 38,717 | $143.0K | 0.00% | −32,251−45.4% | Reduced |
| Pathstone Holdings, LLC | 41,401 | $152.8K | 0.00% | +8,904+27.4% | Added |
| Rhumbline Advisers | 41,639 | $153.7K | 0.00% | −5,930−12.5% | Reduced |
| Marex Group plc | 43,843 | $161.8K | 0.00% | −59,256−57.5% | Reduced |
| Inspire Advisors, LLC | 45,249 | $167.0K | 0.02% | −1,402−3.0% | Reduced |
| Quadrant Capital Group LLC | 46,894 | $173.0K | 0.01% | 00.0% | Unchanged |
| Engineers Gate Manager LP | 47,879 | $176.7K | 0.00% | −1,579,164−97.1% | Reduced |
| JustInvest LLC | 48,279 | $178.2K | 0.00% | +2,600+5.7% | Added |
| CoreCommodity Management, LLC | 48,408 | $178.6K | 0.04% | 00.0% | Unchanged |
| BSW Wealth Partners | 53,697 | $198.1K | 0.02% | +2,428+4.7% | Added |
| CAPROCK Group, Inc. | 58,540 | $216.0K | 0.00% | −9,890−14.5% | Reduced |
| LGT Group Foundation | 58,160 | $216.4K | 0.00% | 00.0% | Unchanged |
| Flow Traders U.S. LLC | 65,056 | $240.0K | 0.01% | +65,056 | New |
| Mirae Asset Global Investments Co., Ltd. | 70,202 | $259.0K | 0.00% | +941+1.4% | Added |
| Sequoia Financial Advisors, LLC | 72,343 | $266.9K | 0.00% | +7,608+11.8% | Added |
| Crossmark Global Holdings, Inc. | 74,784 | $276.0K | 0.00% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 75,751 | $279.5K | 0.00% | −103,319−57.7% | Reduced |
| Robeco Institutional Asset Management B.V. | 80,595 | $297.4K | 0.00% | −181,746−69.3% | Reduced |