Gerdau SA -Spon ADRGGB
13F holders, Q2 2024 (June 30)At the end of Q2 2024, 186 institutions reported holding Gerdau SA -Spon ADR (GGB) in their 13F filings, up 6 from Q1 2024. 31 opened new positions and 23 sold out. The largest holders were FMR LLC ($264.3M), Capital International Investors ($254.7M) and Contrarian Capital Management, L.L.C. ($66.9M). 8 famous investors held it, including Howard Marks (0.4% of Oaktree Capital Management's portfolio), Jeremy Grantham (0.0% of GMO's portfolio) and Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio).
- Company
- Gerdau SA -Spon ADR
- CUSIP
- 373737105
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2024 → Q2 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 31 | $40.9M |
| Exits | 23 | $16.9M |
All 13F filers, Q1 2024 → Q2 2024: 86,704,924 shares bought and 29,522,206 shares sold, net +57,182,718 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 186 holders
| FMR LLC | 0.02% | Add +104.5% | 80,080,050 | $264.3M |
| Capital International Investors | 0.05% | Reduce -16.2% | 77,170,326 | $254.7M |
| Contrarian Capital Management, L.L.C. | 21.02% | Add +12.8% | 20,276,940 | $66.9M |
| Goldman Sachs Group Inc. | 0.01% | Add +6.0% | 17,275,197 | $57.0M |
| Dimensional Fund Advisors LP | 0.01% | Add +15.1% | 16,005,117 | $52.8M |
| Acadian Asset Management LLC | 0.14% | Add +48.1% | 13,391,548 | $44.2M |
| BlackRock Inc. | 0.00% | Add +7.9% | 6,415,032 | $21.2M |
| Marshall Wace, LLP | 0.03% | Add +1988.2% | 6,186,152 | $20.4M |
| Oaktree Capital Management | 0.37% | New | 5,888,855 | $19.4M |
| Morgan Stanley | 0.00% | Add +201.4% | 5,414,440 | $17.9M |
| Russell Investments Group, Ltd. | 0.02% | Add +509.5% | 3,922,867 | $12.9M |
| GMO | 0.04% | Reduce -30.2% | 3,897,893 | $12.9M |
| Two Sigma Investments, LP | 0.03% | Add +37.0% | 3,674,989 | $12.1M |
| Vanguard Group Inc. | 0.00% | Add +18.3% | 3,584,673 | $11.8M |
| Bank of America Corp. | 0.00% | Reduce -49.9% | 3,437,622 | $11.3M |
| Rockefeller Capital Management L.P. | 0.03% | Add +19.4% | 3,321,287 | $11.0M |
| New York State Common Retirement Fund | 0.01% | Add +20.0% | 3,113,867 | $10.3M |
| State Street Corp. | 0.00% | Add +18.0% | 2,824,542 | $9.3M |
| American Century Companies Inc. | 0.01% | Add +27.9% | 2,752,405 | $9.1M |
| Causeway Capital Management LLC | 0.24% | Reduce -31.7% | 2,670,178 | $8.8M |
| Norges Bank | 0.00% | New | 2,319,692 | $7.7M |
| SPX Gestao de Recursos Ltda | 1.10% | Add +8.3% | 2,202,470 | $7.3M |
| Moneda S.A. Administradora General de Fondos | 4.62% | Reduce -17.1% | 1,992,559 | $6.6M |
| Renaissance Technologies | 0.01% | New | 1,843,824 | $6.1M |
| AQR Capital Management | 0.01% | Reduce -38.5% | 1,706,708 | $5.6M |
| Capital International Sarl | 0.16% | Add +25.7% | 1,581,479 | $5.2M |
| Two Sigma Advisers, LP | 0.01% | Add +80.5% | 1,531,560 | $5.1M |
| Sei Investments Co. | 0.01% | Add +18.4% | 1,369,547 | $4.5M |
| Van Eck Associates Corp. | 0.01% | Add +15.7% | 1,324,081 | $4.4M |
| Capital International Ltd. | 0.20% | Add +20.5% | 1,316,785 | $4.3M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.02% | Add +1.6% | 1,208,537 | $4.0M |
| Citigroup Inc. | 0.00% | Add +18.3% | 1,192,521 | $3.9M |
| Amundi | 0.00% | Add +30.3% | 1,135,790 | $3.8M |
| Itau Unibanco Holding S.A. | 0.14% | Add +7.5% | 1,069,400 | $3.5M |
| AXA S.A. | 0.01% | Add +6.2% | 1,024,392 | $3.4M |
| Capital International, Inc. | 0.04% | Add +40.9% | 1,000,726 | $3.3M |
| Walleye Capital LLC | 0.03% | New | 910,391 | $3.0M |
| Legal & General Group Plc | 0.00% | Add +20.0% | 840,628 | $2.8M |
| Millennium Management | 0.00% | Reduce -6.5% | 766,014 | $2.5M |
| BTG Pactual Asset Management US LLC | 0.63% | — | 765,924 | $2.5M |
| HSBC Holdings PLC | 0.00% | Add +36.1% | 750,612 | $2.5M |
| Jump Financial, LLC | 0.05% | Add +114.4% | 715,200 | $2.4M |
| Fisher Asset Management | 0.00% | Add +2.3% | 656,394 | $2.2M |
| D. E. Shaw & Co. | 0.00% | Add +33.3% | 656,175 | $2.2M |
| Oaktree Fund Advisors, LLC | 2.03% | New | 650,885 | $2.1M |
| Cubist Systematic Strategies, LLC | 0.03% | Reduce -17.4% | 606,679 | $2.0M |
| Northern Trust Corp. | 0.00% | Add +9.6% | 579,762 | $1.9M |
| Quadrature Capital Ltd | 0.03% | Add +711.7% | 563,851 | $1.9M |
| Hennion & Walsh Asset Management, Inc. | 0.09% | Add +19.1% | 549,441 | $1.8M |
| BNP Paribas Financial Markets | 0.00% | Add +57.1% | 490,292 | $1.6M |
| Asset Management One Co., Ltd. | 0.01% | Add +20.0% | 458,516 | $1.5M |
| AIA Group Ltd | 0.04% | Add +78.7% | 452,237 | $1.5M |
| Quantbot Technologies LP | 0.07% | Add +235.9% | 406,686 | $1.3M |
| Guggenheim Capital LLC | 0.01% | Add +35.4% | 379,957 | $1.3M |
| Pinebridge Investments, L.P. | 0.01% | Add +124.8% | 367,912 | $1.2M |
| Jane Street Group, LLC | 0.00% | Reduce -9.7% | 345,459 | $1.1M |
| Daiwa Securities Group Inc. | 0.01% | Add +46.6% | 289,558 | $956K |
| Commonwealth Equity Services, LLC | 0.00% | Add +1706.6% | 288,519 | $952K |
| Capital Group Investment Management Pte. LTD. | 0.20% | Add +23.9% | 285,981 | $944K |
| Bank of New York Mellon Corp | 0.00% | Add +52.7% | 284,272 | $938K |
| Invesco Ltd. | 0.00% | Add +29.0% | 279,536 | $922K |
| Schroder Investment Management Group | 0.00% | Add +53.8% | 277,308 | $915K |
| Qube Research & Technologies Ltd | 0.00% | Reduce -71.0% | 274,431 | $906K |
| B. Metzler seel. Sohn & Co. AG | 0.01% | Reduce -9.4% | 264,560 | $873K |
| Banque Cantonale Vaudoise | 0.03% | Add +20.0% | 258,000 | $851K |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -35.4% | 254,500 | $840K |
| Advisors Asset Management, Inc. | 0.02% | Add +21.5% | 243,971 | $805K |
| ARGA Investment Management, LP | 0.03% | Add +20.0% | 223,471 | $737K |
| STRS Ohio | 0.00% | Add +20.0% | 221,760 | $732K |
| Thrivent Financial for Lutherans | 0.00% | Reduce -27.4% | 195,013 | $643K |
| UBS Group AG | 0.00% | Add +14.8% | 191,577 | $632K |
| Ethic Inc. | 0.01% | Add +43.0% | 185,527 | $612K |
| Susquehanna International Group, LLP | 0.00% | Reduce -42.0% | 178,907 | $590K |
| BI Asset Management Fondsmaeglerselskab A/S | 0.01% | New | 165,441 | $546K |
| Virtus Family Office LLC | 0.71% | Add +220.9% | 159,033 | $525K |
| LPL Financial LLC | 0.00% | Reduce -7.1% | 153,294 | $506K |
| Crossmark Global Holdings, Inc. | 0.01% | Add +9.6% | 124,888 | $412K |
| XTX Topco Ltd | 0.04% | Add +57.6% | 124,178 | $410K |
| JPMorgan Chase & Co. | 0.00% | Reduce -51.2% | 118,616 | $391K |
| Neuberger Berman Group LLC | 0.00% | Add +1.5% | 118,429 | $391K |
| Provida Pension Fund Administrator | 0.01% | Add +20.0% | 111,709 | $369K |
| Aquatic Capital Management LLC | 0.01% | New | 105,400 | $348K |
| Creative Planning | 0.00% | Add +46.4% | 102,854 | $339K |
| Credit Agricole S A | 0.00% | Add +42.5% | 100,219 | $331K |
| Massachusetts Financial Services Co. | 0.00% | Reduce -1.0% | 92,702 | $306K |
| Truist Financial Corp. | 0.00% | Add +21.9% | 89,100 | $294K |
| Kathmere Capital Management, LLC | 0.03% | Add +20.0% | 88,537 | $292K |
| Stratos Wealth Partners, LTD. | 0.00% | Add +20.0% | 88,477 | $292K |
| VPR Management LLC | 0.11% | Add +20.0% | 86,242 | $285K |
| Centiva Capital, LP | 0.01% | Add +100.5% | 84,509 | $279K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Reduce -3.3% | 82,047 | $271K |
| Legacy Financial Advisors, Inc. | 0.05% | New | 78,000 | $257K |
| Banco Santander, S.A. | 0.00% | Add +58.4% | 77,552 | $256K |
| Harbour Capital Advisors, LLC | 0.06% | New | 71,965 | $232K |
| QRG Capital Management, Inc. | 0.00% | Add +5.5% | 70,404 | $232K |
| Profund Advisors LLC | 0.01% | Add +18.0% | 60,645 | $200K |
| Deutsche Bank AG | 0.00% | Reduce -57.5% | 51,654 | $170K |
| Virtus Advisers, LLC | 0.08% | Add +30.2% | 49,903 | $165K |
| Leuthold Group, LLC | 0.02% | Add +18.3% | 48,828 | $161K |
| Wells Fargo & Company | 0.00% | Add +14.0% | 48,298 | $159K |
"% of holder's portfolio" is GGB's weight in each manager's 13F, not the share of Gerdau SA -Spon ADR the manager owns.