Gerdau SA -Spon ADRGGB
13F holders, Q2 2025 (June 30)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
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 22 | $42.8M |
| Exits | 35 | $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.