Gerdau SA -Spon ADRGGB

13F holders, Q2 2024 (June 30)
186holders +6
31new positions
23sold out
8famous investors
$3.30avg. 13F price*

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

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 → Q2 2024

InstitutionsTotal Value
New Positions31$40.9M
Exits23$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
Wolverine Trading, LLC 0.00% New 47,275 $156K
Qtron Investments LLC 0.02% Reduce -67.8% 45,578 $150K
Rhumbline Advisers 0.00% Reduce -10.9% 44,523 $147K
CoreCommodity Management, LLC 0.06% Add +96.5% 44,353 $146K
BSW Wealth Partners 0.02% Add +31.1% 42,790 $141K
Engineers Gate Manager LP 0.00% New 42,349 $140K
Inspire Advisors, LLC 0.02% Add +22.6% 41,663 $137K
Diversified Trust Co. 0.00% Add +20.0% 41,560 $137K
Mercer Global Advisors Inc. 0.00% Reduce -21.7% 41,360 $136K
Caprock Group, LLC 0.01% New 40,090 $132K
Pathstone Holdings, LLC 0.00% Reduce -4.5% 38,756 $128K
First Trust Advisors LP 0.00% Reduce -0.7% 38,379 $127K
Axxcess Wealth Management, LLC 0.00% Add +93.6% 38,025 $125K
Mitsubishi UFJ Trust & Banking Corp 0.00% Add +13.6% 35,636 $118K
Campbell & CO Investment Adviser LLC 0.01% Reduce -67.5% 33,941 $112K
Cerity Partners LLC 0.00% Reduce -53.6% 33,766 $111K
Fractal Investments LLC 0.02% Add +20.0% 33,264 $110K
Heritage Investors Management Corp. 0.00% Add +20.0% 32,884 $109K
Johnson Investment Counsel Inc. 0.00% Add +20.0% 32,760 $108K
Cozad Asset Management Inc. 0.01% Reduce -4.6% 32,133 $106K
Vanguard Personalized Indexing Management, LLC 0.00% Add +7.5% 31,344 $101K
Sequoia Financial Advisors, LLC 0.00% Add +27.6% 30,308 $100K
First Trust Direct Indexing L.P. 0.01% Add +11.6% 29,815 $98K
Raymond James & Associates 0.00% Add +2.1% 28,758 $95K
Quadrant Capital Group LLC 0.01% Reduce -4.2% 25,925 $86K
Schonfeld Strategic Advisors LLC 0.00% New 25,104 $83K
Ameriprise Financial Inc. 0.00% Add +78.2% 22,923 $76K
Balyasny Asset Management L.P. 0.00% New 22,446 $74K
Yousif Capital Management, LLC 0.00% Add +20.0% 22,284 $74K
Mackenzie Financial Corp. 0.00% Reduce -98.4% 20,608 $68K
Robeco Institutional Asset Management B.V. 0.00% New 20,358 $67K
Macquarie Group Ltd. 0.00% Add +20.0% 19,959 $66K
Vident Advisory, LLC 0.00% Add +12.6% 19,869 $66K
Signaturefd, LLC 0.00% Add +17.4% 18,779 $62K
Stifel Financial Corp. 0.00% Add +72.9% 17,292 $57K
Pinnacle Wealth Planning Services, Inc. 0.01% Add +23.7% 17,259 $57K
Corient Private Wealth LP 0.00% Reduce -18.3% 17,165 $57K
Advisory Services Network, LLC 0.00% New 16,577 $55K
Mgo One Seven LLC 0.00% New 16,428 $54K
EverSource Wealth Advisors, LLC 0.00% Reduce -12.3% 15,708 $51K
Atria Wealth Solutions, Inc. 0.00% Add +20.0% 15,120 $50K
National Bank of Canada 0.00% Reduce -7.7% 15,220 $49K
KCM Investment Advisors LLC 0.00% Add +20.0% 14,576 $48K
Franklin Resources Inc. 0.00% New 14,413 $48K
Absolute Gestao de Investimentos Ltda. 0.02% New 14,000 $46K
Boothbay Fund Management, LLC 0.00% New 14,000 $46K
Abacus Wealth Partners, LLC 0.01% Add +4.0% 13,938 $46K
Sumitomo Mitsui Trust Group, Inc. 0.00% Add +20.0% 13,862 $46K
PNC Financial Services Group, Inc. 0.00% Add +14.2% 13,432 $44K
PDS Planning, Inc 0.00% New 13,376 $44K
Tudor Investment Corporation 0.00% New 13,294 $44K
Simplex Trading, LLC 0.00% New 12,743 $42K
Parallel Advisors, LLC 0.00% Add +14.0% 12,701 $42K
Sigma Planning Corp 0.00% Add +22.0% 12,662 $42K
O'shaughnessy Asset Management, LLC 0.00% New 12,283 $41K
Aigen Investment Management, LP 0.01% New 12,112 $40K
US Bancorp \de 0.00% Reduce -11.0% 12,027 $40K
Wedbush Securities Inc. 0.00% New 11,654 $38K
Mariner, LLC 0.00% Reduce -26.0% 11,429 $38K
Ballentine Partners, LLC 0.00% Add +12.5% 11,258 $37K
Insight 2811, Inc. 0.02% New 11,039 $36K
United Capital Financial Advisors, LLC 0.00% Add +4.2% 11,000 $36K
Osaic Holdings, Inc. 0.00% Reduce -51.9% 9,537 $31K
Tower Research Capital LLC (TRC) 0.00% Reduce -50.3% 9,361 $31K
GFS Advisors, LLC 0.00% New 15,585 $20K
Blue Trust, Inc. 0.00% Add +79.6% 3,729 $16K
HHM Wealth Advisors, LLC 0.00% Add +20.0% 2,910 $10K
Cwm, LLC 0.00% Add +14.5% 2,717 $9K
Lindbrook Capital, LLC 0.00% Add +20.9% 2,603 $9K
North Star Investment Management Corp. 0.00% Add +20.0% 2,520 $8K
Operose Advisors LLC 0.00% Add +20.0% 1,783 $6K
Gradient Investments LLC 0.00% Add +20.0% 1,260 $4K
Federation des caisses Desjardins du Quebec 0.00% Add +20.0% 1,260 $4K
Camelot Portfolios, LLC 0.00% New 1,008 $3K
Addison Advisors LLC 0.00% Add +20.0% 630 $2K
JFS Wealth Advisors, LLC 0.00% Add +56.5% 565 $2K
Allworth Financial LP 0.00% Add +373.9% 417 $1K
Tucker Asset Management LLC 0.00% Add +20.0% 378 $1K
Atlas Capital Advisors Inc. 0.00% New 316 $1K
NBT Bank, N.A. 0.00% Add +19.9% 314 $1K
Bell Investment Advisors, Inc 0.00% Reduce -63.0% 134 $443
Principal Securities, Inc. 0.00% Add +46.1% 114 $376
True Wealth Design, LLC 0.00% Add +44.9% 113 $373
GAMMA Investing LLC 0.00% Reduce -53.4% 69 $228
Valued Wealth Advisors LLC 0.00% Reduce -80.3% 60 $198
Huntington National Bank 0.00% No change 1 $3

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