Gerdau SA -Spon ADRGGB
13F holders, Q3 2025 (September 30)176holders +10
26new positions
20sold out
8famous investors
$3.10avg. 13F price*
At the end of Q3 2025, 176 institutions reported holding Gerdau SA -Spon ADR (GGB) in their 13F filings, up 10 from Q2 2025. 26 opened new positions and 20 sold out. The largest holders were FMR LLC ($264.4M), Capital International Investors ($96.2M) and Contrarian Capital Management, L.L.C. ($59.1M). 8 famous investors held it, including Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio), David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio) and Jeremy Grantham (0.0% of GMO's portfolio).
- Company
- Gerdau SA -Spon ADR
- CUSIP
- 373737105
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 26 | $28.3M |
| Exits | 20 | $7.8M |
All 13F filers, Q2 2025 → Q3 2025: 50,346,846 shares bought and 46,482,767 shares sold, net +3,864,079 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 176 holders
| FMR LLC | 0.01% | Reduce -21.8% | 85,298,306 | $264.4M |
| Capital International Investors | 0.02% | Add +1.9% | 31,046,243 | $96.2M |
| Contrarian Capital Management, L.L.C. | 14.92% | No change | 19,069,112 | $59.1M |
| Aquamarine Financial (Cayman) Ltd | 5.66% | — | 17,801,228 | $55.2M |
| Donald Smith & Co., Inc. | 1.00% | Add +171.7% | 16,229,292 | $50.3M |
| Bank of America Corp. | 0.00% | Add +22.4% | 15,894,871 | $49.3M |
| Dimensional Fund Advisors LP | 0.01% | Reduce -3.2% | 12,044,353 | $37.3M |
| Renaissance Technologies | 0.04% | Add +6.0% | 10,857,148 | $33.7M |
| Itau Unibanco Holding S.A. | 1.05% | Add +146.7% | 9,956,261 | $30.9M |
| Two Sigma Investments, LP | 0.04% | Reduce -3.9% | 7,491,210 | $23.2M |
| Causeway Capital Management LLC | 0.29% | Add +169.2% | 7,189,270 | $22.3M |
| BlackRock, Inc. | 0.00% | Reduce -0.3% | 7,003,117 | $21.7M |
| Morgan Stanley | 0.00% | Add +55.3% | 6,687,098 | $20.7M |
| Optiver Holding B.V. | 0.27% | Add +47.6% | 5,435,331 | $16.8M |
| Goldman Sachs Group Inc. | 0.00% | Add +51.2% | 5,212,804 | $16.2M |
| American Century Companies Inc. | 0.01% | Add +20.0% | 4,821,008 | $14.9M |
| SPX Gestao de Recursos Ltda | 1.17% | Add +56.5% | 4,491,042 | $13.9M |
| State Street Corp. | 0.00% | Add +3.1% | 3,340,545 | $10.4M |
| Vanguard Group Inc. | 0.00% | Add +2.6% | 3,255,593 | $10.1M |
| Two Sigma Advisers, LP | 0.02% | Reduce -43.2% | 3,219,360 | $10.0M |
| D. E. Shaw & Co. | 0.01% | Add +30.5% | 3,166,259 | $9.8M |
| FIL Ltd | 0.01% | Add +5.2% | 3,042,520 | $9.4M |
| Mackenzie Financial Corp. | 0.01% | Add +47.6% | 2,280,093 | $7.1M |
| Kawa Capital Management, Inc | 11.77% | No change | 2,094,404 | $6.5M |
| UBS Group AG | 0.00% | Add +0.9% | 2,091,144 | $6.5M |
| Millennium Management | 0.01% | Reduce -42.9% | 2,029,799 | $6.3M |
| Citadel Advisors | 0.01% | Reduce -84.7% | 2,008,015 | $6.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | New | 1,990,880 | $6.2M |
| Marshall Wace, LLP | 0.01% | Add +164.0% | 1,952,413 | $6.1M |
| Kapitalo Investimentos Ltda | 1.12% | New | 1,921,865 | $6.0M |
| Engineers Gate Manager LP | 0.06% | New | 1,627,043 | $5.0M |
| Sagil Capital LLP | 2.93% | New | 1,567,825 | $4.9M |
| Amundi | 0.00% | Add +17.1% | 1,319,223 | $4.3M |
| Schonfeld Strategic Advisors LLC | 0.03% | Add +1509.0% | 1,280,109 | $4.0M |
| Van Eck Associates Corp. | 0.00% | Add +23.4% | 1,272,140 | $3.9M |
| AXA Investment Managers S.A. | 0.01% | — | 1,024,392 | $3.2M |
| Northern Trust Corp. | 0.00% | Add +8.9% | 980,248 | $3.0M |
| Capital International Sarl | 0.05% | Add +12.6% | 952,005 | $3.0M |
| Massachusetts Financial Services Co. | 0.00% | Add +60.0% | 940,472 | $2.9M |
| Cubist Systematic Strategies, LLC | 0.04% | Reduce -52.5% | 925,457 | $2.9M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.01% | Reduce -3.7% | 851,660 | $2.6M |
| Legal & General Group Plc | 0.00% | No change | 840,628 | $2.6M |
| HSBC Holdings PLC | 0.00% | Reduce -1.3% | 795,543 | $2.5M |
| Susquehanna International Group, LLP | 0.00% | Add +725.3% | 768,232 | $2.4M |
| Aquatic Capital Management LLC | 0.04% | Add +132.7% | 687,466 | $2.1M |
| GMO | 0.01% | Reduce -8.7% | 641,323 | $2.0M |
| Qube Research & Technologies Ltd | 0.00% | New | 591,604 | $1.8M |
| Capital International Ltd. | 0.07% | No change | 586,778 | $1.8M |
| Virtus Family Office LLC | 1.67% | Add +27.5% | 575,069 | $1.8M |
| Virtu Financial LLC | 0.07% | Add +374.3% | 424,385 | $1.3M |
| Fisher Asset Management | 0.00% | No change | 404,981 | $1.3M |
| Guggenheim Capital LLC | 0.01% | Add +7.0% | 397,574 | $1.2M |
| Quantbot Technologies LP | 0.03% | Reduce -7.7% | 390,443 | $1.2M |
| Point72 Asset Management | 0.00% | Add +52.3% | 378,600 | $1.2M |
| Squarepoint Ops LLC | 0.00% | Add +722.9% | 331,132 | $1.0M |
| CI Investments Inc. | 0.00% | Reduce -3.4% | 317,443 | $984K |
| Gsa Capital Partners LLP | 0.08% | New | 316,396 | $981K |
| XTX Topco Ltd | 0.05% | Add +1873.7% | 315,043 | $977K |
| Commonwealth Equity Services, LLC | 0.00% | Reduce -3.3% | 280,616 | $870K |
| Invesco Ltd. | 0.00% | Add +0.1% | 272,160 | $844K |
| Robeco Institutional Asset Management B.V. | 0.00% | Add +314.9% | 262,341 | $813K |
| STRS Ohio | 0.00% | No change | 259,660 | $805K |
| ARGA Investment Management, LP | 0.02% | Add +11.5% | 252,387 | $782K |
| Ethic Inc. | 0.01% | Add +18.5% | 248,660 | $771K |
| Balyasny Asset Management L.P. | 0.00% | New | 246,998 | $766K |
| JPMorgan Chase & Co. | 0.00% | Reduce -43.6% | 238,635 | $740K |
| Capital International, Inc. | 0.01% | Reduce -66.5% | 216,167 | $670K |
| Neuberger Berman Group LLC | 0.00% | Add +0.4% | 214,077 | $664K |
| AQR Capital Management | 0.00% | Reduce -3.8% | 200,213 | $621K |
| Acadian Asset Management LLC | 0.00% | Reduce -78.6% | 185,766 | $574K |
| Hennion & Walsh Asset Management, Inc. | 0.02% | Reduce -0.7% | 179,788 | $557K |
| Hartree Partners, LP | 0.19% | New | 179,090 | $555K |
| BNP Paribas Financial Markets | 0.00% | Reduce -72.2% | 179,070 | $555K |
| Daiwa Securities Group Inc. | 0.00% | Add +103.3% | 149,536 | $464K |
| Creative Planning | 0.00% | Add +112.1% | 148,658 | $461K |
| Tidal Investments LLC | 0.00% | New | 141,512 | $439K |
| Capital Group Investment Management Pte. LTD. | 0.07% | No change | 130,150 | $403K |
| MQS Management LLC | 0.21% | New | 117,779 | $365K |
| Provida Pension Fund Administrator | 0.01% | No change | 111,709 | $346K |
| Citigroup Inc. | 0.00% | Reduce -81.4% | 111,254 | $345K |
| Centiva Capital, LP | 0.03% | New | 111,156 | $345K |
| Marex Group Ltd | 0.00% | New | 103,099 | $320K |
| Vident Advisory, LLC | 0.00% | Add +52.4% | 103,051 | $319K |
| Truist Financial Corp. | 0.00% | Add +11.2% | 102,483 | $318K |
| HRT Financial LP | 0.00% | Add +39.0% | 94,268 | $292K |
| Integrated Wealth Concepts LLC | 0.00% | Add +2.6% | 94,031 | $292K |
| RBF Capital, LLC | 0.01% | No change | 90,000 | $279K |
| Stratos Wealth Partners, LTD. | 0.00% | No change | 88,200 | $273K |
| VPR Management LLC | 0.12% | No change | 86,242 | $267K |
| Sei Investments Co. | 0.00% | Reduce -10.8% | 76,663 | $238K |
| Crossmark Global Holdings, Inc. | 0.00% | No change | 74,784 | $232K |
| Cambridge Investment Research Advisors, Inc. | 0.00% | Reduce -20.2% | 70,968 | $220K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Reduce -2.9% | 69,261 | $215K |
| Caprock Group, LLC | 0.01% | — | 68,430 | $211K |
| Sequoia Financial Advisors, LLC | 0.00% | Add +6.9% | 64,735 | $201K |
| LGT Group Foundation | 0.00% | Reduce -53.3% | 58,160 | $183K |
| Banco BTG Pactual S.A. | 0.02% | Reduce -79.0% | 55,000 | $171K |
| BSW Wealth Partners | 0.02% | Reduce -29.4% | 51,269 | $159K |
| CoreCommodity Management, LLC | 0.03% | Add +113.8% | 48,408 | $150K |
| Rhumbline Advisers | 0.00% | Add +0.7% | 47,569 | $147K |
"% of holder's portfolio" is GGB's weight in each manager's 13F, not the share of Gerdau SA -Spon ADR the manager owns.