Gerdau SA -Spon ADRGGB
13F holders, Q1 2025 (March 31)At the end of Q1 2025, 182 institutions reported holding Gerdau SA -Spon ADR (GGB) in their 13F filings, down 5 from Q4 2024. 26 opened new positions and 32 sold out. The largest holders were FMR LLC ($276.0M), Capital International Investors ($86.5M) and Contrarian Capital Management, L.L.C. ($54.6M). 8 famous investors held it, including Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio), Jeremy Grantham (0.0% of GMO'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
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 26 | $70.6M |
| Exits | 32 | $18.4M |
All 13F filers, Q4 2024 → Q1 2025: 42,307,486 shares bought and 57,189,384 shares sold, net −14,881,898 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 182 holders
| FMR LLC | 0.02% | Reduce -1.0% | 97,172,321 | $276.0M |
| Capital International Investors | 0.02% | No change | 30,447,379 | $86.5M |
| Contrarian Capital Management, L.L.C. | 14.02% | No change | 19,219,112 | $54.6M |
| Dimensional Fund Advisors LP | 0.01% | Reduce -1.2% | 13,069,870 | $37.1M |
| Two Sigma Investments, LP | 0.07% | Reduce -21.5% | 11,615,659 | $33.0M |
| Encompass Capital Advisors LLC | 1.16% | New | 10,610,617 | $30.1M |
| Two Sigma Advisers, LP | 0.06% | Reduce -21.1% | 9,977,660 | $28.3M |
| Morgan Stanley | 0.00% | Reduce -50.8% | 9,275,886 | $26.3M |
| Renaissance Technologies | 0.04% | Add +49.6% | 8,386,024 | $23.8M |
| BlackRock, Inc. | 0.00% | Add +1.8% | 8,227,939 | $23.4M |
| Carrhae Capital LLP | 2.17% | New | 6,568,703 | $18.7M |
| Marshall Wace, LLP | 0.02% | Reduce -0.6% | 5,669,312 | $16.1M |
| Bank of America Corp. | 0.00% | Reduce -51.0% | 4,944,575 | $14.0M |
| Millennium Management | 0.01% | Add +54.6% | 4,363,764 | $12.4M |
| Sagil Capital LLP | 9.62% | New | 3,900,000 | $11.1M |
| American Century Companies Inc. | 0.01% | Add +8.8% | 3,650,409 | $10.4M |
| GMO | 0.03% | Reduce -24.4% | 3,629,576 | $10.3M |
| Acadian Asset Management LLC | 0.03% | Reduce -70.3% | 3,307,702 | $9.4M |
| Citadel Advisors | 0.01% | Add +3377.2% | 3,274,878 | $9.3M |
| Vanguard Group Inc. | 0.00% | Reduce -2.0% | 3,122,472 | $8.9M |
| UBS Group AG | 0.00% | Add +335.2% | 3,081,223 | $8.8M |
| State Street Corp. | 0.00% | Reduce -3.7% | 3,032,524 | $8.6M |
| Optiver Holding B.V. | 0.33% | Reduce -12.4% | 2,972,315 | $8.4M |
| Causeway Capital Management LLC | 0.16% | No change | 2,670,178 | $7.6M |
| Itau Unibanco Holding S.A. | 0.28% | Add +44.4% | 2,678,300 | $7.4M |
| Mackenzie Financial Corp. | 0.01% | Add +467.5% | 2,425,593 | $6.9M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +821.1% | 2,344,175 | $6.7M |
| Kawa Capital Management, Inc | 13.43% | New | 2,094,404 | $6.0M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -87.2% | 2,008,727 | $5.7M |
| New York State Common Retirement Fund | 0.01% | Reduce -30.9% | 1,709,321 | $4.9M |
| Van Eck Associates Corp. | 0.00% | Add +10.7% | 1,161,334 | $3.3M |
| Northern Trust Corp. | 0.00% | Add +23.4% | 1,132,634 | $3.2M |
| Amundi | 0.00% | No change | 1,124,971 | $3.1M |
| AXA S.A. | 0.01% | No change | 1,024,392 | $2.9M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.01% | Reduce -5.5% | 975,333 | $2.8M |
| D. E. Shaw & Co. | 0.00% | Reduce -51.5% | 876,910 | $2.5M |
| Capital International Sarl | 0.05% | No change | 845,688 | $2.4M |
| Legal & General Group Plc | 0.00% | No change | 840,628 | $2.4M |
| BNP Paribas Financial Markets | 0.00% | Add +43.8% | 795,853 | $2.3M |
| HSBC Holdings PLC | 0.00% | Reduce -8.3% | 770,771 | $2.2M |
| BTG Pactual Asset Management US LLC | 0.28% | No change | 765,924 | $2.2M |
| Capital International, Inc. | 0.02% | No change | 645,972 | $1.8M |
| Capital International Ltd. | 0.07% | No change | 586,778 | $1.7M |
| AQR Capital Management | 0.00% | Add +65.9% | 582,949 | $1.7M |
| Citigroup Inc. | 0.00% | Add +3.7% | 550,696 | $1.6M |
| Asset Management One Co., Ltd. | 0.00% | No change | 458,516 | $1.3M |
| Robeco Institutional Asset Management B.V. | 0.00% | Add +789.5% | 455,053 | $1.3M |
| AIA Group Ltd | 0.03% | No change | 452,237 | $1.3M |
| Quantbot Technologies LP | 0.04% | New | 448,957 | $1.3M |
| Fisher Asset Management | 0.00% | Reduce -29.3% | 404,981 | $1.2M |
| Massachusetts Financial Services Co. | 0.00% | Add +147.9% | 392,274 | $1.1M |
| Jump Financial, LLC | 0.02% | Add +48.1% | 391,728 | $1.1M |
| Pinebridge Investments, L.P. | 0.01% | No change | 367,912 | $1.0M |
| Russell Investments Group, Ltd. | 0.00% | Reduce -18.1% | 361,910 | $1.0M |
| Aquatic Capital Management LLC | 0.02% | New | 317,693 | $902K |
| Virtus Family Office LLC | 1.11% | Add +2.4% | 303,899 | $863K |
| Guggenheim Capital LLC | 0.01% | Add +13.9% | 296,114 | $841K |
| Commonwealth Equity Services, LLC | 0.00% | Reduce -5.2% | 290,531 | $825K |
| Ethic Inc. | 0.02% | Reduce -6.4% | 278,183 | $812K |
| Invesco Ltd. | 0.00% | Add +3.1% | 280,886 | $798K |
| Schonfeld Strategic Advisors LLC | 0.01% | Add +193.9% | 268,086 | $761K |
| STRS Ohio | 0.00% | Add +3.3% | 259,660 | $737K |
| Banque Cantonale Vaudoise | 0.03% | — | 258,000 | $733K |
| Neuberger Berman Group LLC | 0.00% | Add +51.3% | 237,484 | $674K |
| ARGA Investment Management, LP | 0.02% | No change | 225,411 | $640K |
| Point72 Asset Management | 0.00% | Reduce -9.9% | 210,461 | $598K |
| Qube Research & Technologies Ltd | 0.00% | Add +39.0% | 198,237 | $563K |
| Jane Street Group, LLC | 0.00% | Reduce -84.3% | 194,689 | $553K |
| Pacer Advisors, Inc. | 0.00% | Reduce -9.0% | 190,094 | $540K |
| JPMorgan Chase & Co. | 0.00% | Reduce -34.6% | 181,716 | $516K |
| Hennion & Walsh Asset Management, Inc. | 0.02% | Reduce -59.5% | 180,596 | $513K |
| Kapitalo Investimentos Ltda | 0.09% | New | 158,682 | $451K |
| Tidal Investments LLC | 0.00% | New | 136,960 | $389K |
| Capital Group Investment Management Pte. LTD. | 0.08% | No change | 130,150 | $370K |
| LGT Group Foundation | 0.00% | New | 124,590 | $354K |
| QRG Capital Management, Inc. | 0.00% | Add +168.3% | 123,476 | $351K |
| Provida Pension Fund Administrator | 0.01% | No change | 111,709 | $317K |
| Aigen Investment Management, LP | 0.05% | New | 110,435 | $314K |
| Banco Santander, S.A. | 0.00% | Add +14.6% | 109,647 | $311K |
| HRT Financial LP | 0.00% | New | 100,792 | $286K |
| Truist Financial Corp. | 0.00% | Add +1.1% | 91,685 | $260K |
| Barclays PLC | 0.00% | Reduce -39.7% | 90,858 | $258K |
| RBF Capital, LLC | 0.02% | New | 90,000 | $256K |
| Caprock Group, LLC | 0.01% | Reduce -23.7% | 89,075 | $253K |
| Stratos Wealth Partners, LTD. | 0.00% | No change | 88,200 | $250K |
| Advisors Asset Management, Inc. | 0.00% | Reduce -33.0% | 87,690 | $249K |
| VPR Management LLC | 0.12% | No change | 86,242 | $245K |
| Cambridge Investment Research Advisors, Inc. | 0.00% | Add +80.4% | 85,205 | $242K |
| Legacy Financial Advisors, Inc. | 0.04% | No change | 78,000 | $222K |
| Crossmark Global Holdings, Inc. | 0.00% | Reduce -38.7% | 74,730 | $212K |
| Daiwa Securities Group Inc. | 0.00% | Reduce -52.4% | 73,536 | $209K |
| BSW Wealth Partners | 0.03% | Add +41.5% | 69,395 | $197K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Reduce -4.3% | 67,122 | $195K |
| Quadrature Capital Ltd | 0.00% | Reduce -88.4% | 61,485 | $175K |
| Banco BTG Pactual S.A. | 0.04% | Add +97.1% | 60,900 | $173K |
| Wells Fargo & Company | 0.00% | Add +3.4% | 55,546 | $158K |
| Engineers Gate Manager LP | 0.00% | Reduce -22.3% | 54,847 | $156K |
| LPL Financial LLC | 0.00% | Reduce -63.8% | 50,559 | $144K |
| Rhumbline Advisers | 0.00% | Reduce -3.9% | 46,647 | $132K |
| OMERS ADMINISTRATION Corp | 0.00% | No change | 45,587 | $129K |
| Qtron Investments LLC | 0.02% | No change | 45,578 | $129K |
| Inspire Advisors, LLC | 0.01% | Add +1.1% | 45,562 | $129K |
| Simplex Trading, LLC | 0.00% | Add +21558.9% | 42,668 | $121K |
| Diversified Trust Co. | 0.00% | No change | 41,560 | $118K |
| Mercer Global Advisors Inc. | 0.00% | Add +134.2% | 41,149 | $117K |
| Creative Planning | 0.00% | Reduce -63.2% | 37,118 | $105K |
| Sowell Financial Services LLC | 0.00% | New | 33,763 | $96K |
| Fractal Investments LLC | 0.01% | No change | 33,264 | $94K |
| Profund Advisors LLC | 0.00% | Add +25.3% | 33,003 | $94K |
| Mitsubishi UFJ Trust & Banking Corp | 0.00% | No change | 32,807 | $93K |
| IMG Wealth Management, Inc. | 0.08% | No change | 30,928 | $88K |
| Sei Investments Co. | 0.00% | Reduce -97.0% | 28,816 | $82K |
| Johnson Investment Counsel Inc. | 0.00% | Reduce -13.6% | 28,300 | $80K |
| Cerity Partners LLC | 0.00% | Reduce -16.6% | 27,229 | $77K |
| Abacus Wealth Partners, LLC | 0.01% | Add +16.8% | 26,949 | $77K |
| Pekin Hardy Strauss, Inc. | 0.01% | No change | 26,000 | $74K |
| Corient Private Wealth LP | 0.00% | Add +26.5% | 25,905 | $74K |
| Vanguard Personalized Indexing Management, LLC | 0.00% | Reduce -23.2% | 24,577 | $70K |
| Pathstone Holdings, LLC | 0.00% | Reduce -33.0% | 23,553 | $67K |
| MML Investors Services, LLC | 0.00% | Add +22.7% | 23,122 | $66K |
| R Squared Ltd | 0.07% | Add +84.0% | 22,930 | $65K |
| SG Americas Securities, LLC | 0.00% | New | 22,836 | $65K |
| Raymond James Financial Inc. | 0.00% | No change | 22,654 | $64K |
| CoreCommodity Management, LLC | 0.01% | New | 22,644 | $64K |
| Yousif Capital Management, LLC | 0.00% | No change | 22,284 | $63K |
| Squarepoint Ops LLC | 0.00% | New | 20,702 | $59K |
| Susquehanna International Group, LLP | 0.00% | Reduce -76.5% | 20,489 | $58K |
| First Trust Advisors LP | 0.00% | Reduce -34.5% | 17,863 | $51K |
| Osaic Holdings, Inc. | 0.00% | Reduce -18.1% | 17,392 | $49K |
| Parallel Advisors, LLC | 0.00% | Reduce -34.1% | 17,146 | $49K |
| Mgo One Seven LLC | 0.00% | Reduce -21.0% | 17,027 | $48K |
| National Bank of Canada | 0.00% | Reduce -3.8% | 16,418 | $47K |
| Sigma Planning Corp | 0.00% | New | 16,311 | $46K |
| Inspire Investing, LLC | 0.01% | New | 16,133 | $46K |
| Dynamic Technology Lab Private Ltd | 0.01% | Reduce -53.3% | 15,895 | $45K |
| KCM Investment Advisors LLC | 0.00% | No change | 14,576 | $41K |
| Prosperity Consulting Group, LLC | 0.00% | No change | 14,400 | $41K |
| Franklin Resources Inc. | 0.00% | Reduce -2.6% | 14,380 | $41K |
| Xponance LLC | 0.00% | New | 14,160 | $40K |
| Sumitomo Mitsui Trust Group, Inc. | 0.00% | No change | 13,862 | $39K |
| Sequoia Financial Advisors, LLC | 0.00% | Reduce -46.4% | 13,061 | $37K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -16.2% | 12,594 | $36K |
| Rehmann Capital Advisory Group | 0.00% | Add +19.4% | 12,324 | $35K |
| Signaturefd, LLC | 0.00% | Reduce -11.1% | 11,945 | $34K |
| Quadrant Capital Group LLC | 0.00% | Reduce -61.6% | 11,768 | $33K |
| Zhang Financial LLC | 0.00% | No change | 11,695 | $33K |
| O'shaughnessy Asset Management, LLC | 0.00% | Reduce -11.6% | 11,516 | $33K |
| Private Advisor Group, LLC | 0.00% | Add +0.1% | 11,033 | $31K |
| Farringdon Capital, Ltd. | 0.02% | Reduce -80.0% | 10,657 | $30K |
| Dark Forest Capital Management LP | 0.00% | New | 10,611 | $30K |
| Heritage Investors Management Corp. | 0.00% | No change | 10,571 | $30K |
| Alliancebernstein L.P. | 0.00% | New | 10,225 | $29K |
| Capstone Financial Advisors, Inc. | 0.00% | No change | 10,000 | $28K |
| Summit Securities Group LLC | 0.02% | New | 8,492 | $24K |
| US Bancorp \de | 0.00% | Reduce -49.6% | 6,970 | $20K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -20.0% | 5,703 | $16K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +0.6% | 5,471 | $16K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -88.4% | 5,312 | $15K |
| Lindbrook Capital, LLC | 0.00% | Reduce -0.1% | 3,775 | $11K |
| Blue Trust, Inc. | 0.00% | Add +15.3% | 3,618 | $10K |
| North Star Investment Management Corp. | 0.00% | No change | 2,520 | $7K |
| N.E.W. Advisory Services LLC | 0.00% | New | 2,400 | $7K |
| GHP Investment Advisors, Inc. | 0.00% | New | 1,870 | $5K |
| Headlands Technologies LLC | 0.00% | Reduce -97.0% | 1,847 | $5K |
| Credit Agricole S A | 0.00% | Reduce -87.3% | 1,565 | $4K |
| Federation des caisses Desjardins du Quebec | 0.00% | No change | 1,260 | $4K |
| Royal Bank of Canada | 0.00% | New | 973 | $3K |
| Addison Advisors LLC | 0.00% | No change | 630 | $2K |
| Cullen/Frost Bankers, Inc. | 0.00% | New | 582 | $2K |
| GAMMA Investing LLC | 0.00% | Add +27.6% | 379 | $1K |
| JFS Wealth Advisors, LLC | 0.00% | Reduce -24.9% | 367 | $1K |
| Cwm, LLC | 0.00% | Reduce -83.0% | 228 | $1K |
| NBT Bank, N.A. | 0.00% | No change | 314 | $892 |
| Group One Trading LLC | 0.00% | No change | 272 | $772 |
| Jones Financial Companies LLLP | 0.00% | No change | 252 | $736 |
| Principal Securities, Inc. | 0.00% | No change | 168 | $484 |
| Bell Investment Advisors, Inc | 0.00% | No change | 111 | $316 |
| Sierra Ocean, LLC | 0.00% | Reduce -58.7% | 93 | $264 |
| True Wealth Design, LLC | 0.00% | Reduce -14.1% | 79 | $225 |
| Huntington National Bank | 0.00% | No change | 1 | $3 |
| Danske Bank A/S | 0.00% | No change | 1 | $3 |
| Allworth Financial LP | 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.