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 |
|---|---|---|---|---|---|
| Axq Capital, LP | 68,830 | $248.5K | 0.03% | +68,830 | New |
| Crossmark Global Holdings, Inc. | 71,799 | $259.2K | 0.00% | −2,985−4.0% | Reduced |
| XTX Topco Ltd | 74,163 | $267.7K | 0.00% | −514,456−87.4% | Reduced |
| Xponance, Inc. | 74,669 | $269.6K | 0.00% | +54,099+263.0% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 74,784 | $270.0K | 0.00% | −644,423−89.6% | Reduced |
| Susquehanna International Group, LLP | 75,295 | $271.8K | 0.00% | −223,014−74.8% | Reduced |
| Caxton Associates LLP | 75,300 | $271.8K | 0.01% | +75,300 | New |
| Sequoia Financial Advisors, LLC | 76,494 | $276.1K | 0.00% | +4,151+5.7% | Added |
| VPR Management LLC | 86,242 | $311.3K | 0.12% | 00.0% | Unchanged |
| Stratos Wealth Partners, LTD. | 88,200 | $318.4K | 0.00% | 00.0% | Unchanged |
| Virtus Family Office LLC | 96,239 | $347.4K | 0.30% | −478,631−83.3% | Reduced |
| Citadel Advisors LLC | 99,581 | $359.5K | 0.00% | −5,968,319−98.4% | Reduced |
| Truist Financial Corp | 103,448 | $373.4K | 0.00% | +295+0.3% | Added |
| Diversified Trust Co | 105,249 | $379.9K | 0.01% | +105,249 | New |
| Capital Group Investment Management Pte. Ltd. | 117,331 | $423.6K | 0.07% | 00.0% | Unchanged |
| Integrated Wealth Concepts LLC | 120,682 | $435.7K | 0.00% | +16,267+15.6% | Added |
| Larch Capital Partners LLC | 134,136 | $484.2K | 0.07% | +134,136 | New |
| Robeco Institutional Asset Management B.V. | 135,374 | $488.7K | 0.00% | +54,779+68.0% | Added |
| Daiwa Securities Group Inc. | 138,536 | $500.1K | 0.00% | +41,000+42.0% | Added |
| Vident Advisory, LLC | 158,508 | $572.2K | 0.00% | +24,657+18.4% | Added |
| Toroso Investments, LLC | 173,596 | $626.7K | 0.00% | +23,044+15.3% | Added |
| Schonfeld Strategic Advisors LLC | 180,395 | $651.2K | 0.01% | −365,568−67.0% | Reduced |
| BNP Paribas Arbitrage, SA | 181,258 | $654.3K | 0.00% | +105,507+139.3% | Added |
| STRS Ohio | 191,830 | $692.5K | 0.00% | −29,209−13.2% | Reduced |
| Hartree Partners, LP | 210,000 | $758.1K | 0.16% | 00.0% | Unchanged |
| Capital International Inc | 210,637 | $760.4K | 0.01% | 00.0% | Unchanged |
| Centiva Capital, LP | 215,253 | $777.1K | 0.04% | +215,253 | New |
| JPMorgan Chase & Co | 243,541 | $842.7K | 0.00% | +58,235+31.4% | Added |
| Ethic Inc. | 238,924 | $862.5K | 0.01% | −58,304−19.6% | Reduced |
| Neuberger Berman Group LLC | 241,214 | $870.8K | 0.00% | +48,315+25.0% | Added |
| Commonwealth Equity Services, LLC | 283,862 | $1.02M | 0.00% | −1,397−0.5% | Reduced |
| Squarepoint Ops LLC | 317,274 | $1.15M | 0.00% | +211,461+199.8% | Added |
| Fisher Asset Management, LLC | 326,059 | $1.18M | 0.00% | −80,122−19.7% | Reduced |
| Ci Investments Inc. | 341,274 | $1.23M | 0.01% | +23,831+7.5% | Added |
| Vanguard Fiduciary Trust Co | 365,955 | $1.32M | 0.00% | +365,955 | New |
| HRT Financial LP | 367,720 | $1.33M | 0.00% | +367,720 | New |
| Gsa Capital Partners LLP | 381,090 | $1.38M | 0.09% | +240,450+171.0% | Added |
| Guggenheim Capital LLC | 437,141 | $1.58M | 0.01% | +30,497+7.5% | Added |
| Quantbot Technologies LP | 466,744 | $1.68M | 0.07% | +197,190+73.2% | Added |
| Invesco Ltd. | 505,291 | $1.82M | 0.00% | +218,989+76.5% | Added |
| Capital International Ltd | 527,933 | $1.91M | 0.07% | 00.0% | Unchanged |
| Navi International - Administradora e Gestora de Recursos Financeiros Ltda. | 550,000 | $1.99M | 0.89% | 00.0% | Unchanged |
| Jump Financial, LLC | 567,779 | $2.05M | 0.03% | −1,437,564−71.7% | Reduced |
| Marshall Wace, LLP | 586,600 | $2.12M | 0.00% | −1,295,850−68.8% | Reduced |
| Creative Planning | 605,923 | $2.19M | 0.00% | +342,812+130.3% | Added |
| Deutsche Bank AG | 699,285 | $2.52M | 0.00% | +699,285 | New |
| Van Eck Associates Corp | 700,610 | $2.53M | 0.00% | −132,935−15.9% | Reduced |
| BTG Pactual Asset Management US LLC | 765,924 | $2.76M | 0.27% | +765,924 | New |
| Banque Cantonale Vaudoise | 800,000 | $2.89M | 0.11% | 00.0% | Unchanged |
| Legal & General Group Plc | 840,628 | $3.04M | 0.00% | 00.0% | Unchanged |
| HSBC Holdings PLC | 857,336 | $3.10M | 0.00% | +34,564+4.2% | Added |
| Point72 Asset Management, L.P. | 880,433 | $3.18M | 0.01% | −1,191,962−57.5% | Reduced |
| Citigroup Inc | 925,411 | $3.34M | 0.00% | +819,740+775.7% | Added |
| Capital International Sarl | 954,655 | $3.45M | 0.06% | +20,127+2.2% | Added |
| Northern Trust Corp | 1,013,571 | $3.66M | 0.00% | −3,436−0.3% | Reduced |
| SEI Investments Co | 1,078,917 | $3.89M | 0.00% | +796,724+282.3% | Added |
| New York State Common Retirement Fund | 1,094,584 | $3.95M | 0.01% | +1,094,584 | New |
| AQR Capital Management LLC | 1,100,479 | $3.97M | 0.00% | +827,756+303.5% | Added |
| Optiver Holding B.V. | 1,166,148 | $4.21M | 0.16% | −1,364,775−53.9% | Reduced |
| Aquatic Capital Management LLC | 1,389,143 | $5.01M | 0.14% | +360,241+35.0% | Added |
| Amundi | 1,421,830 | $5.13M | 0.00% | +62,607+4.6% | Added |
| Man Group plc | 1,509,767 | $5.45M | 0.01% | +1,509,767 | New |
| Grantham, Mayo, Van Otterloo & Co. LLC | 1,574,740 | $5.68M | 0.01% | +988,549+168.6% | Added |
| UBS Asset Management Americas Inc | 1,808,555 | $6.53M | 0.00% | +1,674,534+1,249.5% | Added |
| Vanguard Capital Management LLC | 2,020,287 | $7.29M | 0.00% | +2,020,287 | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 2,087,069 | $7.53M | 0.01% | +1,062,677+103.7% | Added |
| UBS Group AG | 2,233,950 | $8.06M | 0.00% | −800,448−26.4% | Reduced |
| Russell Investments Group, Ltd. | 2,688,791 | $9.30M | 0.01% | +1,819,092+209.2% | Added |
| Kapitalo Investimentos Ltda | 2,664,158 | $9.62M | 1.81% | +2,664,158 | New |
| FIL Ltd | 2,691,023 | $9.71M | 0.01% | +146,629+5.8% | Added |
| Millennium Management LLC | 2,772,077 | $10.0M | 0.01% | −733,073−20.9% | Reduced |
| Engineers Gate Manager LP | 3,120,182 | $11.3M | 0.14% | +3,072,303+6,416.8% | Added |
| State Street Corp | 3,700,299 | $13.4M | 0.00% | +169,271+4.8% | Added |
| Qube Research & Technologies Ltd | 4,073,701 | $14.7M | 0.02% | +4,073,701 | New |
| SPX Equities Gestao de Recursos Ltda | 4,254,223 | $15.4M | 1.28% | −640,273−13.1% | Reduced |
| Massachusetts Financial Services Co | 5,213,285 | $18.9M | 0.01% | +3,886,219+292.8% | Added |
| Itau Unibanco Holding S.A. | 6,208,632 | $22.2M | 0.53% | −2,536,100−29.0% | Reduced |
| American Century Companies Inc | 6,649,776 | $24.0M | 0.01% | +1,225,683+22.6% | Added |
| Causeway Capital Management LLC | 6,841,155 | $24.7M | 0.30% | −418,278−5.8% | Reduced |
| Morgan Stanley | 7,500,835 | $27.1M | 0.00% | +1,698,250+29.3% | Added |
| Mackenzie Financial Corp | 7,777,577 | $28.1M | 0.03% | +3,660,324+88.9% | Added |
| Jane Street Group, LLC | 7,936,256 | $28.6M | 0.03% | +6,684,833+534.2% | Added |
| D. E. Shaw & Co., Inc. | 8,717,288 | $31.5M | 0.02% | +7,101,842+439.6% | Added |
| BlackRock, Inc. | 10,852,883 | $39.2M | 0.00% | +3,785,355+53.6% | Added |
| Renaissance Technologies LLC | 10,936,524 | $39.5M | 0.06% | +4,725,200+76.1% | Added |
| Goldman Sachs Group Inc | 10,994,119 | $39.7M | 0.01% | +8,368,078+318.7% | Added |
| Dimensional Fund Advisors LP | 11,875,631 | $42.8M | 0.01% | −184,311−1.5% | Reduced |
| Acadian Asset Management LLC | 13,040,903 | $47.1M | 0.07% | +12,442,816+2,080.4% | Added |
| Bank of America Corp | 13,222,623 | $47.7M | 0.00% | +13,107,580+11,393.6% | Added |
| Aquamarine Financial (Cayman) Ltd | 16,726,171 | $60.4M | 4.42% | −2,800,000−14.3% | Reduced |
| Contrarian Capital Management, L.L.C. | 19,069,112 | $68.8M | 19.30% | 00.0% | Unchanged |
| Donald Smith & Co., Inc. | 24,140,583 | $87.1M | 1.57% | −71,005−0.3% | Reduced |
| Two Sigma Investments, LP | 25,839,720 | $93.3M | 0.08% | +22,088,653+588.9% | Added |
| Capital World Investors | 27,530,306 | $99.4M | 0.01% | +27,530,306 | New |
| Capital International Investors | 0 | $0 | 0.00% | −27,415,434−100.0% | Sold out |
| Sagil Capital LLP | 0 | $0 | 0.00% | −1,567,825−100.0% | Sold out |
| Quadrature Capital Ltd | 0 | $0 | 0.00% | −784,361−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −525,580−100.0% | Sold out |
| ARGA Investment Management, LP | 0 | $0 | 0.00% | −241,625−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −119,006−100.0% | Sold out |