Gerdau SA -Spon ADRGGB

13F holders, Q1 2024 (March 31)
180holders
5famous investors
$4.41avg. 13F price*

At the end of Q1 2024, 180 institutions reported holding Gerdau SA -Spon ADR (GGB) in their 13F filings. The largest holders were Capital International Investors ($407.0M), FMR LLC ($173.1M) and Contrarian Capital Management, L.L.C. ($79.5M). 5 famous investors held it, including Jeremy Grantham (0.1% of GMO's portfolio), Cliff Asness (0.0% of AQR Capital Management's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
Gerdau SA -Spon ADR
CUSIP
373737105
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150200250 Q1 2024: 180Q1 2024Q2 2024: 186Q2 2024Q3 2024: 187Q3 2024Q4 2024: 187Q4 2024Q1 2025: 182Q1 2025Q2 2025: 166Q2 2025Q3 2025: 176Q3 2025Q4 2025: 182Q4 2025Q1 2026: 194Q1 2026Q2 2026: 212Q2 2026

Total Exit/New Position Q1 2024

InstitutionsTotal Value
New Positions19$10.5M
Exits29$34.9M

Ownership 180 holders

Capital International Investors 0.08% Add +0.4% 92,086,997 $407.0M
FMR LLC 0.01% Add +11.6% 39,158,663 $173.1M
Contrarian Capital Management, L.L.C. 21.68% Reduce -1.4% 17,980,579 $79.5M
Goldman Sachs Group Inc. 0.02% Add +700.3% 16,292,008 $72.0M
Dimensional Fund Advisors LP 0.02% Add +2.4% 13,904,148 $61.5M
Acadian Asset Management LLC 0.14% Reduce -36.5% 9,039,882 $39.9M
Bank of America Corp. 0.00% Add +2761.8% 6,858,083 $30.3M
BlackRock Inc. 0.00% Reduce -20.5% 5,943,619 $26.3M
GMO 0.09% Reduce -10.0% 5,586,065 $24.7M
Causeway Capital Management LLC 0.45% Reduce -46.9% 3,910,808 $17.3M
Vanguard Group Inc. 0.00% Reduce -0.2% 3,030,414 $13.4M
Rockefeller Capital Management L.P. 0.04% Reduce -1.8% 2,782,469 $12.3M
AQR Capital Management 0.02% Reduce -41.2% 2,776,544 $12.3M
Two Sigma Investments, LP 0.03% Add +71.8% 2,681,733 $11.9M
New York State Common Retirement Fund 0.02% Reduce -19.9% 2,594,889 $11.5M
Moneda S.A. Administradora General de Fondos 5.97% Reduce -44.5% 2,403,209 $10.6M
State Street Corp. 0.00% Reduce -1.2% 2,394,313 $10.6M
American Century Companies Inc. 0.01% Add +4.4% 2,152,705 $9.5M
Arrowstreet Capital, Limited Partnership 0.01% Reduce -71.5% 2,071,702 $9.2M
SPX Gestao de Recursos Ltda 0.79% Add +190.9% 2,032,740 $9.0M
Morgan Stanley 0.00% Add +3.8% 1,796,670 $7.9M
Capital International Sarl 0.18% Add +2.8% 1,258,305 $5.6M
Mackenzie Financial Corp. 0.01% Reduce -36.5% 1,253,089 $5.5M
Connor, Clark & Lunn Investment Management Ltd. 0.02% Reduce -4.3% 1,190,065 $5.3M
Sei Investments Co. 0.01% Reduce -27.3% 1,156,256 $5.1M
Van Eck Associates Corp. 0.01% Reduce -11.5% 1,144,093 $5.1M
Capital International Ltd. 0.23% Add +2.2% 1,092,660 $4.8M
Citigroup Inc. 0.00% Add +5.4% 1,008,120 $4.5M
Itau Unibanco Holding S.A. 0.19% Reduce -66.2% 994,691 $4.4M
Qube Research & Technologies Ltd 0.01% Reduce -45.3% 946,138 $4.2M
Two Sigma Advisers, LP 0.01% Add +76.9% 848,500 $3.8M
Millennium Management 0.00% Reduce -64.6% 818,997 $3.6M
AXA S.A. 0.01% No change 964,941 $3.6M
Cubist Systematic Strategies, LLC 0.04% Add +11.3% 734,224 $3.2M
Capital International, Inc. 0.04% Reduce -3.0% 710,198 $3.1M
Amundi 0.00% No change 871,508 $3.1M
Legal & General Group Plc 0.00% No change 700,524 $3.1M
Fisher Asset Management 0.00% Reduce -0.8% 641,919 $2.8M
Russell Investments Group, Ltd. 0.00% Reduce -70.2% 643,633 $2.8M
BTG Pactual Global Asset Management Ltd 0.90% No change 638,270 $2.8M
Trexquant Investment LP 0.05% New 608,157 $2.7M
HSBC Holdings PLC 0.00% Add +1.9% 551,579 $2.4M
Northern Trust Corp. 0.00% Add +2.5% 529,169 $2.3M
D. E. Shaw & Co. 0.00% New 492,255 $2.2M
Hennion & Walsh Asset Management, Inc. 0.11% Reduce -14.1% 461,480 $2.0M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% New 394,076 $1.7M
Jane Street Group, LLC 0.00% Add +207.4% 382,732 $1.7M
Asset Management One Co., Ltd. 0.01% No change 382,097 $1.7M
Jump Financial, LLC 0.04% Reduce -26.6% 333,587 $1.5M
BNP Paribas Financial Markets 0.00% Add +61.5% 312,106 $1.4M
Susquehanna International Group, LLP 0.00% Add +1726.1% 308,249 $1.4M
Marshall Wace, LLP 0.00% New 296,239 $1.3M
B. Metzler seel. Sohn & Co. AG 0.01% Add +12.6% 292,050 $1.3M
Guggenheim Capital LLC 0.01% Reduce -0.1% 280,726 $1.2M
Thrivent Financial for Lutherans 0.00% Reduce -10.9% 268,595 $1.2M
Credit Suisse AG/ 0.00% Reduce -51.1% 258,500 $1.1M
AIA Group Ltd 0.04% No change 253,120 $1.1M
JPMorgan Chase & Co. 0.00% Reduce -75.4% 243,184 $1.1M
Capital Group Investment Management Pte. LTD. 0.18% No change 230,714 $1.0M
Optiver Holding B.V. 0.04% New 224,225 $991K
Invesco Ltd. 0.00% Add +10.7% 216,729 $958K
Banque Cantonale Vaudoise 0.04% No change 215,000 $950K
Advisors Asset Management, Inc. 0.02% Add +3.9% 200,774 $887K
Daiwa Securities Group Inc. 0.01% Reduce -2.5% 197,465 $873K
Virtu Financial LLC 0.06% Add +463.6% 190,794 $843K
ARGA Investment Management, LP 0.03% No change 186,227 $823K
Bank of New York Mellon Corp 0.00% Add +60.0% 186,146 $823K
STRS Ohio 0.00% No change 184,800 $816K
Schroder Investment Management Group 0.00% Reduce -58.4% 180,340 $797K
UBS Group AG 0.00% Add +18.6% 166,888 $738K
LPL Financial LLC 0.00% Reduce -23.9% 164,995 $729K
Pinebridge Investments, L.P. 0.01% Reduce -29.5% 163,650 $723K
Qtron Investments LLC 0.09% No change 141,637 $626K
Pacer Advisors, Inc. 0.00% Add +20.6% 140,455 $621K
Ethic Inc. 0.01% Add +28.6% 129,746 $573K
Deutsche Bank AG 0.00% Add +42.1% 121,433 $537K
Quantbot Technologies LP 0.03% Reduce -32.0% 121,065 $535K
Neuberger Berman Group LLC 0.00% Reduce -42.1% 116,704 $516K
Crossmark Global Holdings, Inc. 0.01% Reduce -7.9% 114,000 $504K
Campbell & CO Investment Adviser LLC 0.04% Reduce -55.2% 104,361 $461K
Summit Global Investments 0.03% New 99,522 $440K
Glenorchy Capital Ltd 0.36% Add +72.7% 98,840 $437K
Massachusetts Financial Services Co. 0.00% Reduce -1.1% 93,650 $414K
Provida Pension Fund Administrator 0.01% No change 93,092 $411K
Mirae Asset Global Investments Co., Ltd. 0.00% Reduce -16.0% 84,824 $375K
XTX Topco Ltd 0.05% New 78,795 $348K
Headlands Technologies LLC 0.08% Add +339.3% 76,954 $340K
Kathmere Capital Management, LLC 0.04% No change 73,781 $326K
Stratos Wealth Partners, LTD. 0.01% No change 73,731 $326K
Truist Financial Corp. 0.00% Add +0.5% 73,116 $323K
Cerity Partners LLC 0.00% Add +32.5% 72,854 $322K
VPR Management LLC 0.09% No change 71,869 $318K
Creative Planning 0.00% Add +147.8% 70,236 $310K
Quadrature Capital Ltd 0.01% Reduce -42.1% 69,469 $306K
QRG Capital Management, Inc. 0.00% Reduce -28.0% 66,764 $295K
Tidal Investments LLC 0.00% Reduce -26.7% 64,703 $286K
Envestnet Asset Management Inc. 0.00% Reduce -12.1% 59,781 $264K
Credit Agricole S A 0.00% Reduce -7.8% 70,319 $251K
Profund Advisors LLC 0.01% Reduce -16.9% 51,387 $227K
Old Mission Capital LLC 0.01% Reduce -2.3% 50,217 $222K
Rhumbline Advisers 0.00% Add +1.6% 49,959 $221K
Virtus Family Office LLC 0.35% No change 49,556 $219K
Mercer Global Advisors Inc. 0.00% Reduce -15.7% 52,793 $194K
Wells Fargo & Company 0.00% Reduce -33.8% 42,361 $187K
Centiva Capital, LP 0.01% New 42,159 $186K
Leuthold Group, LLC 0.02% Reduce -4.1% 41,279 $182K
Banco Santander, S.A. 0.00% Add +50.6% 48,971 $180K
Pathstone Holdings, LLC 0.00% Reduce -16.1% 40,564 $179K
First Trust Advisors LP 0.00% Reduce -0.1% 38,661 $171K
Virtus Advisers, LLC 0.09% Reduce -7.2% 38,317 $169K
Diversified Trust Co. 0.00% Reduce -77.0% 34,634 $153K
Inspire Advisors, LLC 0.02% Add +16.0% 33,987 $150K
Cozad Asset Management Inc. 0.02% Reduce -10.6% 33,686 $149K
BSW Wealth Partners 0.02% New 32,638 $144K
Mitsubishi UFJ Trust & Banking Corp 0.00% No change 31,364 $139K
Vanguard Personalized Indexing Management, LLC 0.00% Add +7.2% 29,171 $129K
Raymond James & Associates 0.00% No change 28,166 $124K
Fractal Investments LLC 0.02% No change 27,720 $123K
Heritage Investors Management Corp. 0.00% No change 27,405 $121K
Johnson Investment Counsel Inc. 0.00% No change 27,300 $121K
Quadrant Capital Group LLC 0.01% Add +69.8% 27,047 $120K
First Trust Direct Indexing L.P. 0.01% Reduce -58.5% 26,719 $118K
Sequoia Financial Advisors, LLC 0.00% Add +2.2% 23,750 $105K
CoreCommodity Management, LLC 0.04% No change 22,576 $100K
Insigneo Advisory Services, LLC 0.01% No change 21,644 $96K
Corient Private Wealth LP 0.00% Add +0.6% 21,011 $93K
Squarepoint Ops LLC 0.00% Reduce -62.4% 21,009 $93K
Osaic Holdings, Inc. 0.00% Reduce -56.8% 19,827 $88K
Axxcess Wealth Management, LLC 0.00% No change 19,641 $87K
Tower Research Capital LLC (TRC) 0.00% Add +178.9% 18,818 $83K
Yousif Capital Management, LLC 0.00% No change 18,571 $82K
Balentine LLC 0.00% Reduce -18.9% 18,474 $82K
Vident Advisory, LLC 0.00% Reduce -54.5% 17,639 $78K
Macquarie Group Ltd. 0.00% Reduce -87.5% 16,633 $74K
Commonwealth Equity Services, LLC 0.00% New 15,970 $71K
Signaturefd, LLC 0.00% Add +12.4% 15,992 $71K
Mariner, LLC 0.00% Add +8.4% 15,440 $68K
Two Sigma Securities, LLC 0.00% New 14,954 $66K
Vanguard Capital Wealth Advisors 0.05% No change 14,696 $65K
EverSource Wealth Advisors, LLC 0.00% Add +97.2% 17,905 $62K
Pinnacle Wealth Planning Services, Inc. 0.01% No change 13,949 $62K
National Bank of Canada 0.00% Add +6.0% 16,480 $60K
US Bancorp \de 0.00% Reduce -17.8% 13,516 $60K
Abacus Wealth Partners, LLC 0.01% New 13,395 $59K
Ameriprise Financial Inc. 0.00% New 12,867 $57K
Atria Wealth Solutions, Inc. 0.00% No change 12,600 $56K
KCM Investment Advisors LLC 0.00% New 12,147 $54K
Prosperity Consulting Group, LLC 0.01% New 12,000 $53K
PNC Financial Services Group, Inc. 0.00% Add +0.7% 11,767 $52K
Sumitomo Mitsui Trust Group, Inc. 0.00% No change 11,552 $51K
IPG Investment Advisors LLC 0.01% No change 11,400 $50K
Parallel Advisors, LLC 0.00% Reduce -35.8% 11,143 $49K
Voloridge Investment Management, LLC 0.00% Reduce -97.9% 11,066 $49K
Sigma Planning Corp 0.00% New 10,378 $46K
Ballentine Partners, LLC 0.00% New 10,004 $44K
Stifel Financial Corp. 0.00% No change 10,000 $44K
United Capital Financial Advisors, LLC 0.00% Reduce -5.3% 10,558 $39K
Impact Partnership Wealth, LLC 0.00% No change 2,434 $11K
HHM Wealth Advisors, LLC 0.00% New 2,425 $11K
Cwm, LLC 0.00% Add +145.3% 2,372 $10K
Lindbrook Capital, LLC 0.00% Add +20.5% 2,153 $10K
North Star Investment Management Corp. 0.00% No change 2,100 $9K
Blue Trust, Inc. 0.00% Reduce -74.3% 2,076 $9K
Operose Advisors LLC 0.00% No change 1,486 $7K
Gradient Investments LLC 0.00% No change 1,050 $5K
Federation des caisses Desjardins du Quebec 0.00% No change 1,050 $5K
Farther Finance Advisors, LLC 0.00% Reduce -81.4% 632 $3K
Addison Advisors LLC 0.00% No change 525 $2K
Bell Investment Advisors, Inc 0.00% Add +70.8% 362 $2K
JFS Wealth Advisors, LLC 0.00% Reduce -31.9% 361 $2K
Tucker Asset Management LLC 0.00% No change 315 $1K
Valued Wealth Advisors LLC 0.00% No change 304 $1K
NBT Bank, N.A. 0.00% No change 262 $1K
GAMMA Investing LLC 0.00% Reduce -46.8% 148 $654
Allworth Financial LP 0.00% Add +8700.0% 88 $389
True Wealth Design, LLC 0.00% Add +100.0% 78 $345
Principal Securities, Inc. 0.00% Add +143.8% 78 $345
Abound Wealth Management 0.00% No change 66 $292
Huntington National Bank 0.00% No change 1 $4
Royal Bank of Canada 0.00% New 7 $0

"% of holder's portfolio" is GGB's weight in each manager's 13F, not the share of Gerdau SA -Spon ADR the manager owns.