Gerdau SA -Spon ADRGGB

13F holders, Q2 2025 (June 30)
166holders −16
22new positions
35sold out
8famous investors
$2.92avg. 13F price*

At the end of Q2 2025, 166 institutions reported holding Gerdau SA -Spon ADR (GGB) in their 13F filings, down 16 from Q1 2025. 22 opened new positions and 35 sold out. The largest holders were FMR LLC ($318.5M), Capital International Investors ($89.0M) and Contrarian Capital Management, L.L.C. ($55.7M). 8 famous investors held it, including Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio), Ken Griffin (0.0% of Citadel Advisors'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 2025 → Q2 2025

InstitutionsTotal Value
New Positions22$42.8M
Exits35$80.5M

All 13F filers, Q1 2025 → Q2 2025: 53,451,056 shares bought and 58,418,899 shares sold, net −4,967,843 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 166 holders

FMR LLC 0.02% Add +12.3% 109,091,180 $318.5M
Capital International Investors 0.02% Add +0.1% 30,464,285 $89.0M
Contrarian Capital Management, L.L.C. 15.93% Reduce -0.8% 19,069,112 $55.7M
Citadel Advisors 0.03% Add +301.3% 13,141,606 $38.4M
Bank of America Corp. 0.00% Add +162.6% 12,984,389 $37.9M
Dimensional Fund Advisors LP 0.01% Reduce -4.8% 12,446,714 $36.3M
Renaissance Technologies 0.04% Add +22.1% 10,243,601 $29.9M
Two Sigma Investments, LP 0.04% Reduce -32.9% 7,791,028 $22.7M
BlackRock, Inc. 0.00% Reduce -14.7% 7,020,741 $20.5M
Donald Smith & Co., Inc. 0.41% New 5,972,460 $17.4M
Two Sigma Advisers, LP 0.03% Reduce -43.2% 5,667,060 $16.5M
Morgan Stanley 0.00% Reduce -53.6% 4,307,444 $12.6M
Itau Unibanco Holding S.A. 0.45% Add +50.7% 4,036,600 $11.8M
American Century Companies Inc. 0.01% Add +10.0% 4,016,749 $11.7M
Optiver Holding B.V. 0.29% Add +23.9% 3,683,049 $10.8M
Millennium Management 0.01% Reduce -18.6% 3,554,391 $10.4M
Goldman Sachs Group Inc. 0.00% Add +71.6% 3,447,326 $10.1M
State Street Corp. 0.00% Add +6.9% 3,240,617 $9.5M
Vanguard Group Inc. 0.00% Add +1.6% 3,171,710 $9.3M
FIL Ltd 0.01% New 2,892,664 $8.4M
SPX Gestao de Recursos Ltda 0.78% New 2,869,104 $8.4M
Causeway Capital Management LLC 0.12% No change 2,670,178 $7.8M
D. E. Shaw & Co. 0.01% Add +176.7% 2,426,242 $7.1M
Kawa Capital Management, Inc 11.15% No change 2,094,404 $6.1M
UBS Group AG 0.00% Reduce -32.7% 2,073,033 $6.1M
Cubist Systematic Strategies, LLC 0.06% New 1,948,705 $5.7M
Mackenzie Financial Corp. 0.01% Reduce -36.3% 1,544,372 $4.5M
Amundi 0.00% Add +0.1% 1,126,161 $3.4M
Van Eck Associates Corp. 0.00% Reduce -11.3% 1,030,576 $3.0M
AXA S.A. 0.01% No change 1,024,392 $3.0M
Northern Trust Corp. 0.00% Reduce -20.5% 900,494 $2.6M
Connor, Clark & Lunn Investment Management Ltd. 0.01% Reduce -9.4% 884,022 $2.6M
Acadian Asset Management LLC 0.01% Reduce -73.8% 867,667 $2.5M
Capital International Sarl 0.05% No change 845,688 $2.5M
Legal & General Group Plc 0.00% No change 840,628 $2.5M
HSBC Holdings PLC 0.00% Add +4.5% 805,801 $2.4M
Marshall Wace, LLP 0.00% Reduce -87.0% 739,473 $2.2M
GMO 0.01% Reduce -80.7% 702,020 $2.0M
Capital International, Inc. 0.02% Reduce -0.2% 644,644 $1.9M
BNP Paribas Financial Markets 0.00% Reduce -19.2% 643,374 $1.9M
Citigroup Inc. 0.00% Add +8.9% 599,566 $1.8M
Massachusetts Financial Services Co. 0.00% Add +49.8% 587,602 $1.7M
Capital International Ltd. 0.07% No change 586,778 $1.7M
AIA Group Ltd 0.03% No change 452,237 $1.3M
Virtus Family Office LLC 1.69% Add +48.5% 451,158 $1.3M
JPMorgan Chase & Co. 0.00% Add +133.0% 423,367 $1.2M
Quantbot Technologies LP 0.03% Reduce -5.8% 422,861 $1.2M
Fisher Asset Management 0.00% No change 404,981 $1.2M
Guggenheim Capital LLC 0.01% Add +25.5% 371,567 $1.1M
Russell Investments Group, Ltd. 0.00% No change 361,910 $1.1M
CI Investments Inc. 0.00% New 328,741 $960K
Aquatic Capital Management LLC 0.02% Reduce -7.0% 295,463 $863K
Commonwealth Equity Services, LLC 0.00% Reduce -0.1% 290,227 $847K
Invesco Ltd. 0.00% Reduce -3.2% 271,819 $794K
Banco BTG Pactual S.A. 0.16% Add +329.9% 261,800 $764K
STRS Ohio 0.00% No change 259,660 $758K
Banque Cantonale Vaudoise 0.03% No change 258,000 $753K
Point72 Asset Management 0.00% Add +18.1% 248,600 $726K
ARGA Investment Management, LP 0.02% Add +0.5% 226,447 $661K
Neuberger Berman Group LLC 0.00% Reduce -10.3% 213,134 $622K
AQR Capital Management 0.00% Reduce -64.3% 208,085 $608K
Two Sigma Securities, LLC 0.07% New 207,111 $605K
Ethic Inc. 0.01% Reduce -24.6% 209,826 $602K
Hennion & Walsh Asset Management, Inc. 0.02% Add +0.2% 181,001 $529K
Banco Santander, S.A. 0.00% Add +56.3% 171,347 $500K
Jane Street Group, LLC 0.00% Reduce -20.5% 154,757 $452K
Capital Group Investment Management Pte. LTD. 0.07% No change 130,150 $380K
QRG Capital Management, Inc. 0.00% Add +5.1% 129,765 $379K
LGT Group Foundation 0.00% No change 124,590 $364K
Provida Pension Fund Administrator 0.01% No change 111,709 $326K
Susquehanna International Group, LLP 0.00% Add +354.3% 93,084 $272K
Truist Financial Corp. 0.00% Add +0.6% 92,204 $269K
Integrated Wealth Concepts LLC 0.00% New 91,646 $268K
RBF Capital, LLC 0.01% No change 90,000 $263K
Virtu Financial LLC 0.01% New 89,486 $261K
Cambridge Investment Research Advisors, Inc. 0.00% Add +4.4% 88,943 $260K
Stratos Wealth Partners, LTD. 0.00% No change 88,200 $258K
VPR Management LLC 0.12% No change 86,242 $252K
Sei Investments Co. 0.00% Add +198.2% 85,928 $251K
Schonfeld Strategic Advisors LLC 0.00% Reduce -70.3% 79,562 $232K
Crossmark Global Holdings, Inc. 0.00% Add +0.1% 74,784 $218K
Daiwa Securities Group Inc. 0.00% No change 73,536 $215K
BSW Wealth Partners 0.03% Add +4.6% 72,591 $212K
Mirae Asset Global Investments Co., Ltd. 0.00% Add +6.3% 71,349 $208K
Creative Planning 0.00% Add +88.8% 70,079 $205K
HRT Financial LP 0.00% Reduce -32.7% 67,832 $198K
Vident Advisory, LLC 0.00% New 67,616 $197K
Robeco Institutional Asset Management B.V. 0.00% Reduce -86.1% 63,226 $185K
Sequoia Financial Advisors, LLC 0.00% Add +363.6% 60,546 $177K
Employees Retirement System of Texas 0.00% New 59,991 $175K
Wells Fargo & Company 0.00% Reduce -6.9% 51,697 $151K
Rhumbline Advisers 0.00% Add +1.3% 47,247 $138K
Inspire Advisors, LLC 0.01% Reduce -0.1% 45,510 $133K
Quadrant Capital Group LLC 0.00% Add +286.7% 45,507 $133K
Vanguard Personalized Indexing Management, LLC 0.00% Add +72.4% 42,367 $124K
Squarepoint Ops LLC 0.00% Add +94.4% 40,238 $117K
Simplex Trading, LLC 0.00% Reduce -14.5% 36,478 $106K
Mercer Global Advisors Inc. 0.00% Reduce -13.6% 35,566 $104K
Fractal Investments LLC 0.01% No change 33,264 $97K
Advisors Asset Management, Inc. 0.00% Reduce -62.5% 32,883 $96K
Sowell Financial Services LLC 0.00% Reduce -4.1% 32,377 $95K
Pathstone Holdings, LLC 0.00% Add +31.1% 30,881 $90K
R Squared Ltd 0.05% Add +34.1% 30,740 $90K
LPL Financial LLC 0.00% Reduce -39.5% 30,584 $89K
Osaic Holdings, Inc. 0.00% Add +72.4% 29,988 $88K
Mitsubishi UFJ Trust & Banking Corp 0.00% Reduce -12.1% 28,855 $84K
Johnson Investment Counsel Inc. 0.00% No change 28,300 $83K
West Family Investments, Inc. 0.02% New 28,168 $82K
Cerity Partners LLC 0.00% Add +2.5% 27,922 $82K
Profund Advisors LLC 0.00% Reduce -16.1% 27,676 $81K
SG Americas Securities, LLC 0.00% Add +16.5% 26,601 $78K
Pekin Hardy Strauss, Inc. 0.01% No change 26,000 $76K
Aigen Investment Management, LP 0.01% Reduce -77.0% 25,377 $74K
Raymond James Financial Inc. 0.00% Add +4.2% 23,598 $69K
Abacus Wealth Partners, LLC 0.01% Reduce -15.3% 22,823 $67K
CoreCommodity Management, LLC 0.01% No change 22,644 $66K
Yousif Capital Management, LLC 0.00% No change 22,284 $65K
MML Investors Services, LLC 0.00% Reduce -3.3% 22,365 $65K
Corient Private Wealth LP 0.00% Reduce -17.5% 21,360 $62K
Inspire Investing, LLC 0.01% Add +27.9% 20,632 $60K
Tradition Wealth Management, LLC 0.00% New 20,000 $58K
Ballentine Partners, LLC 0.00% New 17,715 $52K
Sivia Capital Partners, LLC 0.02% New 17,418 $51K
Sigma Planning Corp 0.00% Add +5.2% 17,160 $50K
Rehmann Capital Advisory Group 0.00% Add +33.7% 16,479 $48K
National Bank of Canada 0.00% Add +0.4% 16,480 $48K
XTX Topco Ltd 0.00% New 15,962 $47K
Signaturefd, LLC 0.00% Add +33.4% 15,933 $47K
Mgo One Seven LLC 0.00% Reduce -9.2% 15,469 $45K
PNC Financial Services Group, Inc. 0.00% Add +19.6% 15,068 $44K
Franklin Resources Inc. 0.00% Add +2.3% 14,709 $43K
KCM Investment Advisors LLC 0.00% No change 14,576 $43K
Xponance LLC 0.00% Add +2.4% 14,495 $42K
Laird Norton Wetherby Wealth Management, LLC 0.00% — 14,345 $42K
Sumitomo Mitsui Trust Group, Inc. 0.00% No change 13,862 $40K
Parallel Advisors, LLC 0.00% Reduce -21.8% 13,410 $39K
O'shaughnessy Asset Management, LLC 0.00% Add +13.6% 13,076 $38K
Plan A Wealth LLC 0.02% New 11,890 $35K
Zhang Financial LLC 0.00% No change 11,695 $34K
Private Advisor Group, LLC 0.00% Add +0.1% 11,040 $32K
EverSource Wealth Advisors, LLC 0.00% Add +95.3% 10,687 $31K
Heritage Investors Management Corp. 0.00% No change 10,571 $31K
Capstone Financial Advisors, Inc. 0.00% No change 10,000 $29K
Park Avenue Securities LLC 0.00% New 10,024 $29K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Add +68.9% 9,634 $28K
Royal Bank of Canada 0.00% Add +756.0% 8,329 $25K
US Bancorp \de 0.00% Add +18.2% 8,240 $24K
Federation des caisses Desjardins du Quebec 0.00% Add +120.0% 2,772 $8K
North Star Investment Management Corp. 0.00% No change 2,520 $7K
Blue Trust, Inc. 0.00% Reduce -44.3% 2,014 $6K
GAMMA Investing LLC 0.00% Add +278.4% 1,434 $4K
Tower Research Capital LLC (TRC) 0.00% Reduce -75.8% 1,286 $4K
Allworth Financial LP 0.00% Add +107200.0% 1,073 $3K
WealthCollab, LLC 0.00% New 1,035 $3K
Principal Securities, Inc. 0.00% Add +287.5% 651 $2K
Addison Advisors LLC 0.00% No change 630 $2K
MAI Capital Management 0.00% New 382 $1K
Bell Investment Advisors, Inc 0.00% Add +168.5% 298 $871
Jones Financial Companies LLLP 0.00% No change 252 $723
JFS Wealth Advisors, LLC 0.00% Reduce -69.8% 111 $325
Assetmark, Inc. 0.00% New 86 $251
True Wealth Design, LLC 0.00% Reduce -25.3% 59 $173
Brooklyn Investment Group 0.00% New 54 $158
Huntington National Bank 0.00% No change 1 $3
Danske Bank A/S 0.00% No change 1 $3
Cwm, LLC 0.00% Reduce -39.9% 137 $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.