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 2026
Institutional positions in Gerdau S.A. as of Mar 31, 2026. 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
- 194
- +13 vs. Q4 2025
- Shares held
- 306.4M
- −7.38M (−2.4%) vs. Q4 2025
- Total value
- $1.11B
- −$52.6M (−4.5%) vs. Q4 2025
- New holders
- 34
- 75 more added
- Sold out
- 21
- 47 more reduced
1 institution that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital World Investors | 27,530,306 | $99.4M | 0.01% | +27,530,306 | New |
| Two Sigma Investments, LP | 25,839,720 | $93.3M | 0.08% | +22,088,653+588.9% | Added |
| Donald Smith & Co., Inc. | 24,140,583 | $87.1M | 1.57% | −71,005−0.3% | Reduced |
| Contrarian Capital Management, L.L.C. | 19,069,112 | $68.8M | 19.30% | 00.0% | Unchanged |
| Aquamarine Financial (Cayman) Ltd | 16,726,171 | $60.4M | 4.42% | −2,800,000−14.3% | Reduced |
| Bank of America Corp | 13,222,623 | $47.7M | 0.00% | +13,107,580+11,393.6% | Added |
| Acadian Asset Management LLC | 13,040,903 | $47.1M | 0.07% | +12,442,816+2,080.4% | Added |
| Dimensional Fund Advisors LP | 11,875,631 | $42.8M | 0.01% | −184,311−1.5% | Reduced |
| Goldman Sachs Group Inc | 10,994,119 | $39.7M | 0.01% | +8,368,078+318.7% | Added |
| Renaissance Technologies LLC | 10,936,524 | $39.5M | 0.06% | +4,725,200+76.1% | Added |
| BlackRock, Inc. | 10,852,883 | $39.2M | 0.00% | +3,785,355+53.6% | Added |
| D. E. Shaw & Co., Inc. | 8,717,288 | $31.5M | 0.02% | +7,101,842+439.6% | Added |
| Jane Street Group, LLC | 7,936,256 | $28.6M | 0.03% | +6,684,833+534.2% | Added |
| Mackenzie Financial Corp | 7,777,577 | $28.1M | 0.03% | +3,660,324+88.9% | Added |
| Morgan Stanley | 7,500,835 | $27.1M | 0.00% | +1,698,250+29.3% | Added |
| Causeway Capital Management LLC | 6,841,155 | $24.7M | 0.30% | −418,278−5.8% | Reduced |
| American Century Companies Inc | 6,649,776 | $24.0M | 0.01% | +1,225,683+22.6% | Added |
| Itau Unibanco Holding S.A. | 6,208,632 | $22.2M | 0.53% | −2,536,100−29.0% | Reduced |
| Massachusetts Financial Services Co | 5,213,285 | $18.9M | 0.01% | +3,886,219+292.8% | Added |
| SPX Equities Gestao de Recursos Ltda | 4,254,223 | $15.4M | 1.28% | −640,273−13.1% | Reduced |
| Qube Research & Technologies Ltd | 4,073,701 | $14.7M | 0.02% | +4,073,701 | New |
| State Street Corp | 3,700,299 | $13.4M | 0.00% | +169,271+4.8% | Added |
| Engineers Gate Manager LP | 3,120,182 | $11.3M | 0.14% | +3,072,303+6,416.8% | Added |
| Millennium Management LLC | 2,772,077 | $10.0M | 0.01% | −733,073−20.9% | Reduced |
| FIL Ltd | 2,691,023 | $9.71M | 0.01% | +146,629+5.8% | Added |
| Kapitalo Investimentos Ltda | 2,664,158 | $9.62M | 1.81% | +2,664,158 | New |
| Russell Investments Group, Ltd. | 2,688,791 | $9.30M | 0.01% | +1,819,092+209.2% | Added |
| UBS Group AG | 2,233,950 | $8.06M | 0.00% | −800,448−26.4% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 2,087,069 | $7.53M | 0.01% | +1,062,677+103.7% | Added |
| Vanguard Capital Management LLC | 2,020,287 | $7.29M | 0.00% | +2,020,287 | New |
| UBS Asset Management Americas Inc | 1,808,555 | $6.53M | 0.00% | +1,674,534+1,249.5% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 1,574,740 | $5.68M | 0.01% | +988,549+168.6% | Added |
| Man Group plc | 1,509,767 | $5.45M | 0.01% | +1,509,767 | New |
| Amundi | 1,421,830 | $5.13M | 0.00% | +62,607+4.6% | Added |
| Aquatic Capital Management LLC | 1,389,143 | $5.01M | 0.14% | +360,241+35.0% | Added |
| Optiver Holding B.V. | 1,166,148 | $4.21M | 0.16% | −1,364,775−53.9% | Reduced |
| AQR Capital Management LLC | 1,100,479 | $3.97M | 0.00% | +827,756+303.5% | Added |
| New York State Common Retirement Fund | 1,094,584 | $3.95M | 0.01% | +1,094,584 | New |
| SEI Investments Co | 1,078,917 | $3.89M | 0.00% | +796,724+282.3% | Added |
| Northern Trust Corp | 1,013,571 | $3.66M | 0.00% | −3,436−0.3% | Reduced |
| Capital International Sarl | 954,655 | $3.45M | 0.06% | +20,127+2.2% | Added |
| Citigroup Inc | 925,411 | $3.34M | 0.00% | +819,740+775.7% | Added |
| Point72 Asset Management, L.P. | 880,433 | $3.18M | 0.01% | −1,191,962−57.5% | Reduced |
| HSBC Holdings PLC | 857,336 | $3.10M | 0.00% | +34,564+4.2% | Added |
| Legal & General Group Plc | 840,628 | $3.04M | 0.00% | 00.0% | Unchanged |
| Banque Cantonale Vaudoise | 800,000 | $2.89M | 0.11% | 00.0% | Unchanged |
| BTG Pactual Asset Management US LLC | 765,924 | $2.76M | 0.27% | +765,924 | New |
| Van Eck Associates Corp | 700,610 | $2.53M | 0.00% | −132,935−15.9% | Reduced |
| Deutsche Bank AG | 699,285 | $2.52M | 0.00% | +699,285 | New |
| Creative Planning | 605,923 | $2.19M | 0.00% | +342,812+130.3% | Added |
| Marshall Wace, LLP | 586,600 | $2.12M | 0.00% | −1,295,850−68.8% | Reduced |
| Jump Financial, LLC | 567,779 | $2.05M | 0.03% | −1,437,564−71.7% | Reduced |
| Navi International - Administradora e Gestora de Recursos Financeiros Ltda. | 550,000 | $1.99M | 0.89% | 00.0% | Unchanged |
| Capital International Ltd | 527,933 | $1.91M | 0.07% | 00.0% | Unchanged |
| Invesco Ltd. | 505,291 | $1.82M | 0.00% | +218,989+76.5% | Added |
| Quantbot Technologies LP | 466,744 | $1.68M | 0.07% | +197,190+73.2% | Added |
| Guggenheim Capital LLC | 437,141 | $1.58M | 0.01% | +30,497+7.5% | Added |
| Gsa Capital Partners LLP | 381,090 | $1.38M | 0.09% | +240,450+171.0% | Added |
| HRT Financial LP | 367,720 | $1.33M | 0.00% | +367,720 | New |
| Vanguard Fiduciary Trust Co | 365,955 | $1.32M | 0.00% | +365,955 | New |
| Ci Investments Inc. | 341,274 | $1.23M | 0.01% | +23,831+7.5% | Added |
| Fisher Asset Management, LLC | 326,059 | $1.18M | 0.00% | −80,122−19.7% | Reduced |
| Squarepoint Ops LLC | 317,274 | $1.15M | 0.00% | +211,461+199.8% | Added |
| Commonwealth Equity Services, LLC | 283,862 | $1.02M | 0.00% | −1,397−0.5% | Reduced |
| Neuberger Berman Group LLC | 241,214 | $870.8K | 0.00% | +48,315+25.0% | Added |
| Ethic Inc. | 238,924 | $862.5K | 0.01% | −58,304−19.6% | Reduced |
| JPMorgan Chase & Co | 243,541 | $842.7K | 0.00% | +58,235+31.4% | Added |
| Centiva Capital, LP | 215,253 | $777.1K | 0.04% | +215,253 | New |
| Capital International Inc | 210,637 | $760.4K | 0.01% | 00.0% | Unchanged |
| Hartree Partners, LP | 210,000 | $758.1K | 0.16% | 00.0% | Unchanged |
| STRS Ohio | 191,830 | $692.5K | 0.00% | −29,209−13.2% | Reduced |
| BNP Paribas Arbitrage, SA | 181,258 | $654.3K | 0.00% | +105,507+139.3% | Added |
| Schonfeld Strategic Advisors LLC | 180,395 | $651.2K | 0.01% | −365,568−67.0% | Reduced |
| Toroso Investments, LLC | 173,596 | $626.7K | 0.00% | +23,044+15.3% | Added |
| Vident Advisory, LLC | 158,508 | $572.2K | 0.00% | +24,657+18.4% | Added |
| Daiwa Securities Group Inc. | 138,536 | $500.1K | 0.00% | +41,000+42.0% | Added |
| Robeco Institutional Asset Management B.V. | 135,374 | $488.7K | 0.00% | +54,779+68.0% | Added |
| Larch Capital Partners LLC | 134,136 | $484.2K | 0.07% | +134,136 | New |
| Integrated Wealth Concepts LLC | 120,682 | $435.7K | 0.00% | +16,267+15.6% | Added |
| Capital Group Investment Management Pte. Ltd. | 117,331 | $423.6K | 0.07% | 00.0% | Unchanged |
| Diversified Trust Co | 105,249 | $379.9K | 0.01% | +105,249 | New |
| Truist Financial Corp | 103,448 | $373.4K | 0.00% | +295+0.3% | Added |
| Citadel Advisors LLC | 99,581 | $359.5K | 0.00% | −5,968,319−98.4% | Reduced |
| Virtus Family Office LLC | 96,239 | $347.4K | 0.30% | −478,631−83.3% | Reduced |
| Stratos Wealth Partners, LTD. | 88,200 | $318.4K | 0.00% | 00.0% | Unchanged |
| VPR Management LLC | 86,242 | $311.3K | 0.12% | 00.0% | Unchanged |
| Sequoia Financial Advisors, LLC | 76,494 | $276.1K | 0.00% | +4,151+5.7% | Added |
| Caxton Associates LLP | 75,300 | $271.8K | 0.01% | +75,300 | New |
| Susquehanna International Group, LLP | 75,295 | $271.8K | 0.00% | −223,014−74.8% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 74,784 | $270.0K | 0.00% | −644,423−89.6% | Reduced |
| Xponance, Inc. | 74,669 | $269.6K | 0.00% | +54,099+263.0% | Added |
| XTX Topco Ltd | 74,163 | $267.7K | 0.00% | −514,456−87.4% | Reduced |
| Crossmark Global Holdings, Inc. | 71,799 | $259.2K | 0.00% | −2,985−4.0% | Reduced |
| Axq Capital, LP | 68,830 | $248.5K | 0.03% | +68,830 | New |
| Magnetar Financial LLC | 59,890 | $216.2K | 0.00% | +25,776+75.6% | Added |
| Profund Advisors LLC | 58,487 | $211.1K | 0.01% | +24,852+73.9% | Added |
| LGT Group Foundation | 58,160 | $210.0K | 0.00% | 00.0% | Unchanged |
| BSW Wealth Partners | 54,163 | $195.5K | 0.02% | +466+0.9% | Added |
| Quadrant Capital Group LLC | 50,194 | $181.2K | 0.01% | +3,300+7.0% | Added |
| CoreCommodity Management, LLC | 48,408 | $174.8K | 0.03% | 00.0% | Unchanged |