Gerdau SA -Spon ADRGGB

13F holders, Q4 2024 (December 31)
187holders
24new positions
29sold out
8famous investors
$2.88avg. 13F price*

At the end of Q4 2024, 187 institutions reported holding Gerdau SA -Spon ADR (GGB) in their 13F filings, unchanged from Q3 2024. 24 opened new positions and 29 sold out. The largest holders were FMR LLC ($282.8M), Capital International Investors ($87.7M) and Contrarian Capital Management, L.L.C. ($55.4M). 8 famous investors held it, including Jeremy Grantham (0.0% of GMO's portfolio), Jim Simons / Peter Brown (0.0% of Renaissance Technologies'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 Q3 2024 → Q4 2024

InstitutionsTotal Value
New Positions24$15.8M
Exits29$53.1M

All 13F filers, Q3 2024 → Q4 2024: 78,951,799 shares bought and 73,799,645 shares sold, net +5,152,154 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 187 holders

FMR LLC 0.02% Add +10.4% 98,194,996 $282.8M
Capital International Investors 0.02% Reduce -60.6% 30,447,379 $87.7M
Contrarian Capital Management, L.L.C. 18.74% Reduce -5.2% 19,219,112 $55.4M
Morgan Stanley 0.00% Add +336.6% 18,859,279 $54.3M
Goldman Sachs Group Inc. 0.01% Add +1122.2% 15,673,263 $45.1M
Two Sigma Investments, LP 0.10% Add +49.9% 14,804,499 $42.6M
Dimensional Fund Advisors LP 0.01% Reduce -13.5% 13,234,444 $38.1M
Two Sigma Advisers, LP 0.08% Add +107.4% 12,645,660 $36.4M
Acadian Asset Management LLC 0.09% Add +25.4% 11,127,636 $32.0M
Bank of America Corp. 0.00% Add +130.6% 10,095,722 $29.1M
BlackRock, Inc. 0.00% Add +28.8% 8,085,147 $23.3M
Marshall Wace, LLP 0.02% Add +16.6% 5,700,747 $16.4M
Renaissance Technologies 0.02% Add +138.7% 5,606,824 $16.1M
GMO 0.04% Add +48.0% 4,803,639 $13.8M
Optiver Holding B.V. 0.32% New 3,394,269 $9.8M
American Century Companies Inc. 0.01% Add +6.0% 3,355,896 $9.7M
Vanguard Group Inc. 0.00% Reduce -0.7% 3,184,937 $9.2M
State Street Corp. 0.00% Add +9.9% 3,149,093 $9.1M
Millennium Management 0.01% Add +1062.3% 2,822,453 $8.1M
Causeway Capital Management LLC 0.18% No change 2,670,178 $7.7M
New York State Common Retirement Fund 0.01% No change 2,473,420 $7.1M
Walleye Capital LLC 0.06% Add +49.3% 1,935,021 $5.6M
Itau Unibanco Holding S.A. 0.17% Reduce -35.8% 1,855,000 $5.4M
D. E. Shaw & Co. 0.01% Add +62.5% 1,806,871 $5.2M
Jane Street Group, LLC 0.01% Add +221.1% 1,236,271 $3.6M
Amundi 0.00% Reduce -1.4% 1,124,971 $3.2M
Van Eck Associates Corp. 0.00% Reduce -4.6% 1,049,390 $3.0M
Connor, Clark & Lunn Investment Management Ltd. 0.01% Add +0.7% 1,032,541 $3.0M
AXA S.A. 0.01% No change 1,024,392 $3.0M
Sei Investments Co. 0.00% No change 960,472 $2.8M
Northern Trust Corp. 0.00% Add +34.8% 918,238 $2.6M
Capital International Sarl 0.06% Reduce -51.2% 845,688 $2.4M
Legal & General Group Plc 0.00% No change 840,628 $2.4M
HSBC Holdings PLC 0.00% Add +0.7% 840,148 $2.4M
BTG Pactual Asset Management US LLC 0.29% Reduce -47.6% 765,924 $2.2M
UBS Group AG 0.00% Add +222.6% 708,028 $2.0M
Capital International, Inc. 0.02% Reduce -35.1% 645,972 $1.9M
Capital International Ltd. 0.07% Reduce -55.2% 586,778 $1.7M
Fisher Asset Management 0.00% Reduce -12.7% 572,984 $1.7M
ExodusPoint Capital Management, LP 0.02% New 566,425 $1.6M
Cubist Systematic Strategies, LLC 0.03% Reduce -33.9% 558,483 $1.6M
BNP Paribas Financial Markets 0.00% Add +30.1% 553,287 $1.6M
Quadrature Capital Ltd 0.03% Add +112.2% 530,403 $1.5M
Citigroup Inc. 0.00% Reduce -28.2% 531,174 $1.5M
Thrivent Financial for Lutherans 0.00% Add +164.3% 515,417 $1.5M
Public Employees Retirement System of Ohio 0.00% No change 497,319 $1.4M
Asset Management One Co., Ltd. 0.00% No change 458,516 $1.3M
AIA Group Ltd 0.03% No change 452,237 $1.3M
Hennion & Walsh Asset Management, Inc. 0.06% Reduce -17.8% 446,062 $1.3M
Capital Wealth Planning, LLC 0.01% New 444,090 $1.3M
Russell Investments Group, Ltd. 0.00% Reduce -34.2% 441,796 $1.3M
Mackenzie Financial Corp. 0.00% Add +1253.5% 427,387 $1.2M
Virtu Financial LLC 0.06% Add +628.4% 394,173 $1.1M
Pinebridge Investments, L.P. 0.01% No change 367,912 $1.1M
AQR Capital Management 0.00% Reduce -44.6% 351,361 $1.0M
Commonwealth Equity Services, LLC 0.00% Reduce -0.3% 306,323 $882K
Arrowpoint Investment Partners (Singapore) Pte. Ltd. 0.53% — 300,000 $864K
Ethic Inc. 0.02% Add +158.5% 297,141 $856K
Virtus Family Office LLC 1.07% Add +86.5% 296,652 $854K
JPMorgan Chase & Co. 0.00% Add +81.9% 277,784 $800K
Invesco Ltd. 0.00% Reduce -3.9% 272,312 $784K
Jump Financial, LLC 0.02% Reduce -68.8% 264,409 $761K
Guggenheim Capital LLC 0.01% Reduce -13.9% 260,043 $749K
Two Sigma Securities, LLC 0.13% Add +848.7% 258,376 $744K
B. Metzler seel. Sohn & Co. AG 0.01% Reduce -3.0% 256,600 $740K
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -75.5% 254,500 $733K
STRS Ohio 0.00% Add +13.3% 251,260 $724K
Point72 Asset Management 0.00% Reduce -75.1% 233,600 $673K
ARGA Investment Management, LP 0.02% Add +0.9% 225,411 $649K
Pacer Advisors, Inc. 0.00% Add +8.5% 208,977 $602K
Massachusetts Financial Services Co. 0.00% New 158,259 $456K
Neuberger Berman Group LLC 0.00% Add +53.6% 156,975 $452K
Daiwa Securities Group Inc. 0.00% Reduce -50.1% 154,536 $445K
Barclays PLC 0.00% New 150,616 $434K
Qube Research & Technologies Ltd 0.00% New 142,582 $411K
LPL Financial LLC 0.00% Reduce -11.3% 139,463 $402K
Appian Way Asset Management LP 0.09% New 136,391 $393K
Advisors Asset Management, Inc. 0.01% Reduce -23.7% 130,929 $377K
Capital Group Investment Management Pte. LTD. 0.07% Reduce -54.5% 130,150 $375K
Crossmark Global Holdings, Inc. 0.01% Reduce -2.4% 121,978 $351K
Caprock Group, LLC 0.01% Add +11.2% 116,728 $336K
Provida Pension Fund Administrator 0.01% No change 111,709 $322K
AssuredPartners Investment Advisors, LLC 0.06% — 105,692 $304K
Creative Planning 0.00% Reduce -9.2% 100,787 $290K
Banco Santander, S.A. 0.00% Add +56.6% 95,667 $276K
Citadel Advisors 0.00% Reduce -87.7% 94,182 $271K
Schonfeld Strategic Advisors LLC 0.00% New 91,200 $263K
Truist Financial Corp. 0.00% Add +1.3% 90,646 $261K
Kathmere Capital Management, LLC 0.02% No change 88,537 $255K
Stratos Wealth Partners, LTD. 0.00% No change 88,200 $254K
Susquehanna International Group, LLP 0.00% Reduce -68.7% 87,098 $251K
VPR Management LLC 0.13% No change 86,242 $248K
Legacy Financial Advisors, Inc. 0.04% No change 78,000 $225K
Mirae Asset Global Investments Co., Ltd. 0.00% Add +10.3% 70,116 $204K
Engineers Gate Manager LP 0.00% Add +7.6% 70,595 $203K
Gsa Capital Partners LLP 0.01% New 63,283 $182K
Headlands Technologies LLC 0.02% Add +544.5% 62,138 $179K
Virtus Advisers, LLC 0.06% Add +5.0% 54,250 $156K
Wells Fargo & Company 0.00% Add +9.5% 53,736 $155K
Farringdon Capital, Ltd. 0.06% — 53,282 $153K
Robeco Institutional Asset Management B.V. 0.00% Add +151.3% 51,159 $147K
BSW Wealth Partners 0.02% Reduce -14.3% 49,044 $141K
Rhumbline Advisers 0.00% Reduce 0.0% 48,537 $140K
Cambridge Investment Research Advisors, Inc. 0.00% New 47,236 $136K
QRG Capital Management, Inc. 0.00% Reduce -33.7% 46,025 $133K
Tower Research Capital LLC (TRC) 0.00% Add +105.7% 45,911 $132K
OMERS ADMINISTRATION Corp 0.00% New 45,587 $131K
Qtron Investments LLC 0.02% No change 45,578 $131K
Inspire Advisors, LLC 0.02% Reduce -1.8% 45,053 $130K
Diversified Trust Co. 0.00% Reduce -0.2% 41,560 $120K
Pathstone Holdings, LLC 0.00% Add +25.5% 35,165 $101K
Elevation Point Wealth Partners, LLC 0.01% New 35,007 $101K
Cerity Partners LLC 0.00% Add +8.0% 32,661 $100K
Dynamic Technology Lab Private Ltd 0.02% Add +51.1% 34,062 $98K
Fractal Investments LLC 0.01% No change 33,264 $96K
Mitsubishi UFJ Trust & Banking Corp 0.00% Reduce -11.9% 32,807 $94K
Johnson Investment Counsel Inc. 0.00% No change 32,760 $94K
Vanguard Personalized Indexing Management, LLC 0.00% Reduce -15.4% 32,009 $92K
IMG Wealth Management, Inc. 0.08% — 30,928 $89K
Banco BTG Pactual S.A. 0.02% New 30,900 $89K
Quadrant Capital Group LLC 0.01% Reduce -30.9% 30,648 $88K
Bayesian Capital Management, LP 0.01% New 29,700 $86K
First Trust Advisors LP 0.00% New 27,290 $79K
Profund Advisors LLC 0.00% Reduce -52.6% 26,339 $76K
Parallel Advisors, LLC 0.00% Add +30.3% 26,030 $75K
Pekin Hardy Strauss, Inc. 0.01% New 26,000 $75K
Caitong International Asset Management Co., Ltd 0.07% — 24,891 $72K
Sequoia Financial Advisors, LLC 0.00% Reduce -8.0% 24,371 $70K
West Family Investments, Inc. 0.02% No change 24,352 $70K
Abacus Wealth Partners, LLC 0.01% Add +34.4% 23,076 $66K
Raymond James Financial Inc. 0.00% — 22,654 $65K
Yousif Capital Management, LLC 0.00% No change 22,284 $64K
Mgo One Seven LLC 0.00% Reduce -9.5% 21,543 $62K
Osaic Holdings, Inc. 0.00% Add +551.9% 21,240 $61K
Corient Private Wealth LP 0.00% Reduce -14.1% 20,475 $59K
MML Investors Services, LLC 0.00% New 18,843 $54K
Ballentine Partners, LLC 0.00% Reduce -2.8% 17,649 $51K
Mercer Global Advisors Inc. 0.00% Reduce -35.4% 17,569 $51K
National Bank of Canada 0.00% Reduce -1.4% 17,059 $49K
Mariner, LLC 0.00% Reduce -55.9% 16,191 $47K
PNC Financial Services Group, Inc. 0.00% Reduce -10.9% 15,032 $43K
PDS Planning, Inc 0.00% Add +1.2% 14,791 $43K
Franklin Resources Inc. 0.00% Add +2.3% 14,772 $43K
KCM Investment Advisors LLC 0.00% No change 14,576 $42K
Prosperity Consulting Group, LLC 0.00% No change 14,400 $41K
Carrera Capital Advisors 0.01% New 13,998 $40K
Sumitomo Mitsui Trust Group, Inc. 0.00% No change 13,862 $40K
US Bancorp \de 0.00% Reduce -2.6% 13,844 $40K
Signaturefd, LLC 0.00% Reduce -19.4% 13,437 $39K
Atria Wealth Solutions, Inc. 0.00% Reduce -3.6% 13,360 $38K
O'shaughnessy Asset Management, LLC 0.00% Add +4.2% 13,022 $38K
Wolverine Trading, LLC 0.00% New 12,639 $37K
R Squared Ltd 0.03% — 12,460 $36K
NWF Advisory Services Inc. 0.01% New 12,300 $35K
Credit Agricole S A 0.00% Reduce -84.3% 12,288 $35K
Zhang Financial LLC 0.00% New 11,695 $34K
Private Advisor Group, LLC 0.00% New 11,028 $32K
Heritage Investors Management Corp. 0.00% Reduce -65.6% 10,571 $30K
Rehmann Capital Advisory Group 0.00% Reduce -1.7% 10,324 $30K
Capstone Financial Advisors, Inc. 0.00% No change 10,000 $29K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Reduce -5.4% 7,131 $21K
HighMark Wealth Management LLC 0.01% New 5,688 $16K
EverSource Wealth Advisors, LLC 0.00% Reduce -48.0% 5,436 $16K
Lindbrook Capital, LLC 0.00% Reduce -37.7% 3,780 $11K
Blue Trust, Inc. 0.00% Reduce -63.8% 3,139 $9K
North Star Investment Management Corp. 0.00% No change 2,520 $7K
Cwm, LLC 0.00% Reduce -19.8% 1,340 $4K
Measured Risk Portfolios, Inc. 0.00% — 1,260 $4K
Federation des caisses Desjardins du Quebec 0.00% No change 1,260 $4K
GeoWealth Management, LLC 0.00% Reduce -25.1% 1,232 $4K
Addison Advisors LLC 0.00% No change 630 $2K
JFS Wealth Advisors, LLC 0.00% Add +53.8% 489 $1K
Tucker Asset Management LLC 0.00% No change 378 $1K
NBT Bank, N.A. 0.00% No change 314 $904
GAMMA Investing LLC 0.00% Add +4.6% 297 $855
Group One Trading LLC 0.00% Reduce -84.6% 272 $783
Jones Financial Companies LLLP 0.00% No change 252 $726
Sierra Ocean, LLC 0.00% — 225 $648
IFP Advisors, Inc 0.00% New 173 $498
Principal Securities, Inc. 0.00% Add +11.3% 168 $484
Bell Investment Advisors, Inc 0.00% No change 111 $320
True Wealth Design, LLC 0.00% Reduce -9.8% 92 $265
Transce3nd, LLC 0.00% — 64 $184
Huntington National Bank 0.00% No change 1 $3
Danske Bank A/S 0.00% No change 1 $3
Allworth Financial LP 0.00% Reduce -99.8% 1 $3
Simplex Trading, LLC 0.00% Reduce -97.5% 197 $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.