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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 2026

Institutional positions in Gerdau S.A. as of Jun 30, 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
213
+21 vs. Q1 2026
Shares held
361.4M
+55.1M (+18.0%) vs. Q1 2026
Total value
$1.46B
+$357.9M (+32.4%) vs. Q1 2026
New holders
47
73 more added
Sold out
26
52 more reduced

2 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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.

Institutional holdersQ2 2026: 213 institutions
Q1 2021: 143 institutionsQ2 2021: 170 institutionsQ3 2021: 149 institutionsQ4 2021: 161 institutionsQ1 2022: 172 institutionsQ2 2022: 185 institutionsQ3 2022: 191 institutionsQ4 2022: 225 institutionsQ1 2023: 222 institutionsQ2 2023: 202 institutionsQ3 2023: 188 institutionsQ4 2023: 190 institutionsQ1 2024: 180 institutionsQ2 2024: 186 institutionsQ3 2024: 187 institutionsQ4 2024: 187 institutionsQ1 2025: 182 institutionsQ2 2025: 167 institutionsQ3 2025: 176 institutionsQ4 2025: 182 institutionsQ1 2026: 194 institutionsQ2 2026: 213 institutions
Value heldQ2 2026: $1.46B
Q1 2021: $1.37BQ2 2021: $1.60BQ3 2021: $1.21BQ4 2021: $1.15BQ1 2022: $1.51BQ2 2022: $992.8MQ3 2022: $1.01BQ4 2022: $1.56BQ1 2023: $1.50BQ2 2023: $1.44BQ3 2023: $1.33BQ4 2023: $1.33BQ1 2024: $1.18BQ2 2024: $1.07BQ3 2024: $1.12BQ4 2024: $934.4MQ1 2025: $879.7MQ2 2025: $890.0MQ3 2025: $1.02BQ4 2025: $1.17BQ1 2026: $1.11BQ2 2026: $1.46B
Institutions holding GGB and their total value by quarter
QuarterHoldersValue
Q2 2026213$1.46B
Q1 2026194$1.11B
Q4 2025182$1.17B
Q3 2025176$1.02B
Q2 2025167$890.0M
Q1 2025182$879.7M
Q4 2024187$934.4M
Q3 2024187$1.12B
Q2 2024186$1.07B
Q1 2024180$1.18B
Q4 2023190$1.33B
Q3 2023188$1.33B
Q2 2023202$1.44B
Q1 2023222$1.50B
Q4 2022225$1.56B
Q3 2022191$1.01B
Q2 2022185$992.8M
Q1 2022172$1.51B
Q4 2021161$1.15B
Q3 2021149$1.21B
Q2 2021170$1.60B
Q1 2021143$1.37B

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Gerdau S.A.; share changes are against Q1 2026.

Institutions holding GGB in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Pathstone Holdings, LLC43,696$176.5K0.00%+3,250+8.0%Added
Cambridge Investment Research Advisors, Inc.45,823$185.0K0.00%+90.0%Added
JustInvest LLC46,909$189.5K0.00%+81+0.2%Added
CoreCommodity Management, LLC48,408$195.6K0.04%00.0%Unchanged
QRG Capital Management, Inc.48,434$195.7K0.00%+18,334+60.9%Added
Quadrant Capital Group LLC51,303$207.3K0.01%+1,109+2.2%Added
Envestnet Asset Management Inc55,330$223.5K0.00%+55,330New
Mirae Asset Global Investments Co., Ltd.57,370$231.8K0.00%+57,370New
LGT Group Foundation58,160$235.0K0.00%00.0%Unchanged
Xponance, Inc.60,497$244.4K0.00%−14,172−19.0%Reduced
BSW Wealth Partners61,049$246.6K0.03%+6,886+12.7%Added
BLI - Banque de Luxembourg Investments60,000$248.7K0.01%+60,000New
Collaborative Fund Advisors, LLC67,055$270.9K0.16%+67,055New
Crossmark Global Holdings, Inc.71,799$290.1K0.00%00.0%Unchanged
SG Americas Securities, LLC72,642$293.0K0.00%+42,342+139.7%Added
US Bancorp73,020$295.0K0.00%+62,664+605.1%Added
CenterBook Partners LP77,472$313.0K0.02%+77,472New
Sequoia Financial Advisors, LLC82,870$334.8K0.00%+6,376+8.3%Added
VPR Management LLC86,242$348.4K0.14%00.0%Unchanged
Stratos Wealth Partners, LTD.88,200$356.3K0.00%00.0%Unchanged
Mitsubishi UFJ Trust & Banking Corp89,991$363.6K0.00%+61,000+210.4%Added
State of Wyoming92,772$374.8K0.04%+59,786+181.2%Added
Truist Financial Corp103,948$419.9K0.00%+500+0.5%Added
Aquatic Capital Management LLC104,372$421.7K0.01%−1,284,771−92.5%Reduced
Ethic Inc.116,595$471.0K0.01%−122,329−51.2%Reduced
Capital Group Investment Management Pte. Ltd.117,331$474.0K0.07%00.0%Unchanged
Centiva Capital, LP124,519$503.1K0.02%−90,734−42.2%Reduced
Larch Capital Partners LLC125,136$505.5K0.07%−9,000−6.7%Reduced
Nykredit A/S128,321$518.4K0.00%+128,321New
Himension Fund128,587$519.5K0.03%+128,587New
Integrated Wealth Concepts LLC136,038$549.6K0.00%+15,356+12.7%Added
Daiwa Securities Group Inc.150,536$608.2K0.00%+12,000+8.7%Added
Optiver Holding B.V.155,971$630.1K0.01%−1,010,177−86.6%Reduced
Vident Advisory, LLC157,382$635.8K0.00%−1,126−0.7%Reduced
Squarepoint Ops LLC157,499$636.3K0.00%−159,775−50.4%Reduced
Toroso Investments, LLC176,888$714.6K0.00%+3,292+1.9%Added
STRS Ohio181,390$732.8K0.00%−10,440−5.4%Reduced
Bank of America Corp183,891$742.9K0.00%−13,038,732−98.6%Reduced
Robeco Institutional Asset Management B.V.205,143$828.8K0.00%+69,769+51.5%Added
Capital International Inc210,637$851.0K0.01%00.0%Unchanged
Fisher Asset Management, LLC254,393$1.03M0.00%−71,666−22.0%Reduced
Quantbot Technologies LP258,389$1.04M0.04%−208,355−44.6%Reduced
Bridgewater Associates, LP271,680$1.10M0.00%+223,506+464.0%Added
Commonwealth Equity Services, LLC275,533$1.11M0.00%−8,329−2.9%Reduced
Diversified Trust Co289,331$1.17M0.02%+184,082+174.9%Added
Schonfeld Strategic Advisors LLC323,151$1.31M0.01%+142,756+79.1%Added
Vanguard Fiduciary Trust Co365,955$1.48M0.00%00.0%Unchanged
Invesco Ltd.370,592$1.50M0.00%−134,699−26.7%Reduced
Neuberger Berman Group LLC395,694$1.60M0.00%+154,480+64.0%Added
Guggenheim Capital LLC457,498$1.85M0.01%+20,357+4.7%Added
HRT Financial LP464,537$1.88M0.00%+96,817+26.3%Added
Public Employees Retirement System of Ohio498,302$2.01M0.01%+498,302New
Gsa Capital Partners LLP509,888$2.06M0.13%+128,798+33.8%Added
B. Metzler seel. Sohn & Co. AG522,135$2.11M0.02%+522,135New
Capital International Ltd527,933$2.13M0.07%00.0%Unchanged
Citadel Advisors LLC539,624$2.18M0.00%+440,043+441.9%Added
Navi International - Administradora e Gestora de Recursos Financeiros Ltda.550,000$2.22M1.57%00.0%Unchanged
Nomura Asset Management International Inc.–$2.29M0.00%––
Employees Retirement System of Texas623,722$2.52M0.02%+623,722New
Legal & General Group Plc715,026$2.89M0.00%−125,602−14.9%Reduced
AQR Capital Management LLC758,076$3.06M0.00%−342,403−31.1%Reduced
BTG Pactual Asset Management US LLC785,688$3.18M0.24%+19,764+2.6%Added
Van Eck Associates Corp799,999$3.23M0.00%+99,389+14.2%Added
Banque Cantonale Vaudoise800,000$3.23M0.13%00.0%Unchanged
Creative Planning809,546$3.27M0.00%+203,623+33.6%Added
JPMorgan Chase & Co830,364$3.43M0.00%+586,823+241.0%Added
BNP Paribas Arbitrage, SA856,966$3.46M0.00%+675,708+372.8%Added
Point72 Asset Management, L.P.897,585$3.63M0.01%+17,152+1.9%Added
HSBC Holdings PLC972,854$3.93M0.00%+115,518+13.5%Added
Northern Trust Corp995,664$4.02M0.00%−17,907−1.8%Reduced
Capital International Sarl1,038,698$4.20M0.06%+84,043+8.8%Added
UBS Group AG1,116,899$4.51M0.00%−1,117,051−50.0%Reduced
Qube Research & Technologies Ltd1,304,436$5.27M0.01%−2,769,265−68.0%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC1,379,015$5.57M0.01%−195,725−12.4%Reduced
Kapitalo Investimentos Ltda1,400,017$5.66M0.44%−1,264,141−47.4%Reduced
Arrowstreet Capital, Limited Partnership1,494,272$6.04M0.00%+1,494,272New
Amundi1,506,748$6.09M0.00%+84,918+6.0%Added
Connor, Clark & Lunn Investment Management Ltd.1,550,335$6.26M0.01%+1,475,551+1,973.1%Added
Marshall Wace, LLP1,579,741$6.38M0.01%+993,141+169.3%Added
Vanguard Capital Management LLC1,597,513$6.45M0.00%−422,774−20.9%Reduced
Schroder Investment Management Group1,728,069$7.14M0.01%+1,717,487+16,230.3%Added
Man Group plc1,808,190$7.31M0.01%+298,423+19.8%Added
BW Gestao de Investimentos Ltda.1,830,489$7.40M0.18%+1,830,489New
Dynamo Internacional Gestao de Recursos Ltda.2,109,474$8.52M3.61%+2,109,474New
New York State Common Retirement Fund2,268,209$9.16M0.01%+1,173,625+107.2%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.2,604,951$10.5M0.01%+517,882+24.8%Added
FIL Ltd2,748,696$11.1M0.01%+57,673+2.1%Added
Citigroup Inc2,891,210$11.7M0.01%+1,965,799+212.4%Added
D. E. Shaw & Co., Inc.3,307,741$13.4M0.01%−5,409,547−62.1%Reduced
State Street Corp3,647,507$14.7M0.00%−52,792−1.4%Reduced
Morgan Stanley3,757,890$15.2M0.00%−3,742,945−49.9%Reduced
Assenagon Asset Management S.A.4,032,490$16.3M0.02%+4,032,490New
Goldman Sachs Group Inc4,337,530$17.5M0.00%−6,656,589−60.5%Reduced
Russell Investments Group, Ltd.5,233,642$21.6M0.02%+2,544,851+94.6%Added
Massachusetts Financial Services Co5,353,619$21.7M0.01%+140,334+2.7%Added
Millennium Management LLC6,817,870$27.5M0.02%+4,045,793+145.9%Added
Renaissance Technologies LLC6,902,124$27.9M0.04%−4,034,400−36.9%Reduced
Engineers Gate Manager LP7,010,275$28.3M0.37%+3,890,093+124.7%Added
Causeway Capital Management LLC7,229,538$29.2M0.32%+388,383+5.7%Added
American Century Companies Inc7,238,674$29.2M0.01%+588,898+8.9%Added