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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
Itau Unibanco Holding S.A.8,511,525$34.3M0.68%+2,302,893+37.1%Added
SEI Investments Co9,218,764$37.2M0.03%+8,139,847+754.4%Added
FMR LLC10,392,607$42.0M0.00%+10,381,651+94,757.7%Added
Dimensional Fund Advisors LP11,394,004$46.1M0.01%−481,627−4.1%Reduced
Mackenzie Financial Corp14,638,321$59.1M0.06%+6,860,744+88.2%Added
Two Sigma Investments, LP15,383,237$62.1M0.05%−10,456,483−40.5%Reduced
Aquamarine Financial (Cayman) Ltd16,726,171$67.6M3.73%00.0%Unchanged
Donald Smith & Co., Inc.17,490,810$70.7M1.25%−6,649,773−27.5%Reduced
BlackRock, Inc.18,225,403$73.6M0.00%+7,372,520+67.9%Added
Contrarian Capital Management, L.L.C.19,069,112$77.0M25.17%00.0%Unchanged
UBS Asset Management Americas Inc25,745,217$104.0M0.02%+23,936,662+1,323.5%Added
Capital World Investors26,902,473$108.7M0.01%−627,833−2.3%Reduced
Acadian Asset Management LLC48,672,737$196.6M0.23%+35,631,834+273.2%Added
SPX Equities Gestao de Recursos Ltda0$00.00%−4,254,223−100.0%Sold out
Deutsche Bank AG0$00.00%−699,285−100.0%Sold out
Jump Financial, LLC0$00.00%−567,779−100.0%Sold out
Ci Investments Inc.0$00.00%−341,274−100.0%Sold out
Hartree Partners, LP0$00.00%−210,000−100.0%Sold out
Virtus Family Office LLC0$00.00%−96,239−100.0%Sold out
Caxton Associates LLP0$00.00%−75,300−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−75,295−100.0%Sold out
XTX Topco Ltd0$00.00%−74,163−100.0%Sold out
Axq Capital, LP0$00.00%−68,830−100.0%Sold out
Magnetar Financial LLC0$00.00%−59,890−100.0%Sold out
Aigen Investment Management, LP0$00.00%−30,345−100.0%Sold out
Yousif Capital Management, LLC0$00.00%−22,284−100.0%Sold out
Bank of New York Mellon Corp0$00.00%−12,608−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−12,387−100.0%Sold out
Scientech Research LLC0$00.00%−11,075−100.0%Sold out
Private Advisor Group, LLC0$00.00%−11,065−100.0%Sold out
Ieq Capital, LLC0$00.00%−11,041−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−10,091−100.0%Sold out
Simplex Trading, LLC0$00.00%−9,302−100.0%Sold out
Group One Trading, L.P.0$00.00%−7,584−100.0%Sold out
Advisor Group Holdings, Inc.0$00.00%−300−100.0%Sold out
Strategic Wealth Partners, Ltd.0$00.00%−252−100.0%Sold out
Addison Advisors LLC0$00.00%−250−100.0%Sold out
Cornerstone Financial Management LLC0$00.00%−121−100.0%Sold out
Root Financial Partners, LLC0$00.00%−30−100.0%Sold out
Skopos Labs, Inc.––––Not filed
CWM, LLC––––Not filed