Gerdau SA -Spon ADRGGB
13F holders, Q4 2025 (December 31)182holders +6
23new positions
20sold out
9famous investors
$3.69avg. 13F price*
At the end of Q4 2025, 182 institutions reported holding Gerdau SA -Spon ADR (GGB) in their 13F filings, up 6 from Q3 2025. 23 opened new positions and 20 sold out. The largest holders were FMR LLC ($364.0M), Capital International Investors ($101.2M) and Donald Smith & Co., Inc. ($89.3M). 9 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 Steve Cohen (0.0% of Point72 Asset Management's portfolio).
- Company
- Gerdau SA -Spon ADR
- CUSIP
- 373737105
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 23 | $25.7M |
| Exits | 20 | $17.6M |
All 13F filers, Q3 2025 → Q4 2025: 43,535,617 shares bought and 53,769,687 shares sold, net −10,234,070 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 182 holders
| FMR LLC | 0.02% | Add +15.7% | 98,651,805 | $364.0M |
| Capital International Investors | 0.02% | Reduce -11.7% | 27,415,434 | $101.2M |
| Donald Smith & Co., Inc. | 1.67% | Add +49.2% | 24,211,588 | $89.3M |
| Aquamarine Financial (Cayman) Ltd | 5.87% | Add +9.7% | 19,526,171 | $72.1M |
| Contrarian Capital Management, L.L.C. | 18.53% | No change | 19,069,112 | $70.4M |
| Dimensional Fund Advisors LP | 0.01% | Add +0.1% | 12,059,942 | $44.5M |
| Itau Unibanco Holding S.A. | 0.79% | Reduce -12.2% | 8,744,732 | $32.3M |
| Causeway Capital Management LLC | 0.37% | Add +1.0% | 7,259,433 | $26.8M |
| BlackRock, Inc. | 0.00% | Add +0.9% | 7,067,528 | $26.1M |
| Renaissance Technologies | 0.04% | Reduce -42.8% | 6,211,324 | $22.9M |
| Citadel Advisors | 0.02% | Add +202.2% | 6,067,900 | $22.4M |
| Morgan Stanley | 0.00% | Reduce -13.2% | 5,802,585 | $21.4M |
| American Century Companies Inc. | 0.01% | Add +12.5% | 5,424,093 | $20.0M |
| SPX Gestao de Recursos Ltda | 1.85% | Add +9.0% | 4,894,496 | $18.1M |
| Mackenzie Financial Corp. | 0.02% | Add +80.6% | 4,117,253 | $15.3M |
| Two Sigma Investments, LP | 0.02% | Reduce -49.9% | 3,751,067 | $13.8M |
| State Street Corp. | 0.00% | Add +5.7% | 3,531,028 | $13.0M |
| Millennium Management | 0.01% | Add +72.7% | 3,505,150 | $12.9M |
| UBS Group AG | 0.00% | Add +45.1% | 3,034,398 | $11.2M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -49.6% | 2,626,041 | $9.7M |
| FIL Ltd | 0.01% | Reduce -16.4% | 2,544,394 | $9.4M |
| Optiver Holding B.V. | 0.17% | Reduce -53.4% | 2,530,923 | $9.3M |
| Vanguard Group Inc. | 0.00% | Reduce -32.4% | 2,199,360 | $8.1M |
| Point72 Asset Management | 0.01% | Add +447.4% | 2,072,395 | $7.6M |
| Jump Financial, LLC | 0.10% | New | 2,005,343 | $7.4M |
| Marshall Wace, LLP | 0.01% | Reduce -3.6% | 1,882,450 | $6.9M |
| D. E. Shaw & Co. | 0.00% | Reduce -49.0% | 1,615,446 | $6.0M |
| Sagil Capital LLP | 3.62% | No change | 1,567,825 | $5.8M |
| Amundi | 0.00% | Add +3.0% | 1,359,223 | $5.0M |
| Massachusetts Financial Services Co. | 0.00% | Add +41.1% | 1,327,066 | $4.9M |
| Jane Street Group, LLC | 0.01% | New | 1,251,423 | $4.6M |
| Aquatic Capital Management LLC | 0.11% | Add +49.7% | 1,028,902 | $3.8M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | New | 1,024,392 | $3.8M |
| Northern Trust Corp. | 0.00% | Add +3.8% | 1,017,007 | $3.8M |
| Capital International Sarl | 0.06% | Reduce -1.8% | 934,528 | $3.4M |
| Russell Investments Group, Ltd. | 0.00% | New | 869,699 | $3.2M |
| Legal & General Group Plc | 0.00% | No change | 840,628 | $3.1M |
| Van Eck Associates Corp. | 0.00% | Reduce -34.5% | 833,545 | $3.1M |
| HSBC Holdings PLC | 0.00% | Add +3.4% | 822,772 | $3.0M |
| Banque Cantonale Vaudoise | 0.11% | New | 800,000 | $3.0M |
| Quadrature Capital Ltd | 0.03% | New | 784,361 | $2.9M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.01% | Reduce -15.6% | 719,207 | $2.7M |
| Acadian Asset Management LLC | 0.00% | Add +222.0% | 598,087 | $2.2M |
| XTX Topco Ltd | 0.06% | Add +86.8% | 588,619 | $2.2M |
| GMO | 0.01% | Reduce -8.6% | 586,191 | $2.2M |
| Virtus Family Office LLC | 1.83% | Reduce -0.0% | 574,870 | $2.1M |
| Navi International - Administradora e Gestora de Recursos Financeiros Ltda. | 1.28% | — | 550,000 | $2.0M |
| Schonfeld Strategic Advisors LLC | 0.01% | Reduce -57.4% | 545,963 | $2.0M |
| Capital International Ltd. | 0.07% | Reduce -10.0% | 527,933 | $1.9M |
| Two Sigma Advisers, LP | 0.00% | Reduce -83.7% | 525,580 | $1.9M |
| Guggenheim Capital LLC | 0.01% | Add +2.3% | 406,644 | $1.5M |
| Fisher Asset Management | 0.00% | Add +0.3% | 406,181 | $1.5M |
| CI Investments Inc. | 0.01% | No change | 317,443 | $1.2M |
| Susquehanna International Group, LLP | 0.00% | Reduce -61.2% | 298,309 | $1.1M |
| Ethic Inc. | 0.02% | Add +19.5% | 297,228 | $1.1M |
| Invesco Ltd. | 0.00% | Add +5.2% | 286,302 | $1.1M |
| Commonwealth Equity Services, LLC | 0.00% | Add +1.6% | 285,259 | $1.1M |
| Sei Investments Co. | 0.00% | Add +268.1% | 282,193 | $1.0M |
| AQR Capital Management | 0.00% | Add +36.2% | 272,723 | $1.0M |
| Quantbot Technologies LP | 0.03% | Reduce -31.0% | 269,554 | $995K |
| Creative Planning | 0.00% | Add +77.0% | 263,111 | $971K |
| ARGA Investment Management, LP | 0.02% | Reduce -4.3% | 241,625 | $892K |
| STRS Ohio | 0.00% | Reduce -14.9% | 221,039 | $816K |
| Capital International, Inc. | 0.01% | Reduce -2.6% | 210,637 | $777K |
| Hartree Partners, LP | 0.28% | Add +17.3% | 210,000 | $775K |
| Neuberger Berman Group LLC | 0.00% | Reduce -9.9% | 192,899 | $712K |
| JPMorgan Chase & Co. | 0.00% | Reduce -22.4% | 185,306 | $684K |
| Tidal Investments LLC | 0.00% | Add +6.4% | 150,552 | $556K |
| Gsa Capital Partners LLP | 0.04% | Reduce -55.5% | 140,640 | $519K |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -93.3% | 134,021 | $495K |
| Vident Advisory, LLC | 0.00% | Add +29.9% | 133,851 | $494K |
| Virtu Financial LLC | 0.02% | Reduce -72.0% | 119,006 | $439K |
| Capital Group Investment Management Pte. LTD. | 0.07% | Reduce -9.8% | 117,331 | $433K |
| Bank of America Corp. | 0.00% | Reduce -99.3% | 115,043 | $425K |
| Squarepoint Ops LLC | 0.00% | Reduce -68.0% | 105,813 | $390K |
| Citigroup Inc. | 0.00% | Reduce -5.0% | 105,671 | $390K |
| Integrated Wealth Concepts LLC | 0.00% | Add +11.0% | 104,415 | $385K |
| Truist Financial Corp. | 0.00% | Add +0.7% | 103,153 | $381K |
| Daiwa Securities Group Inc. | 0.00% | Reduce -34.8% | 97,536 | $360K |
| RBF Capital, LLC | 0.02% | No change | 90,000 | $332K |
| Stratos Wealth Partners, LTD. | 0.00% | No change | 88,200 | $325K |
| VPR Management LLC | 0.14% | No change | 86,242 | $318K |
| Robeco Institutional Asset Management B.V. | 0.00% | Reduce -69.3% | 80,595 | $297K |
| BNP Paribas Financial Markets | 0.00% | Reduce -57.7% | 75,751 | $280K |
| Crossmark Global Holdings, Inc. | 0.00% | No change | 74,784 | $276K |
| Sequoia Financial Advisors, LLC | 0.00% | Add +11.8% | 72,343 | $267K |
| Mirae Asset Global Investments Co., Ltd. | 0.00% | Add +1.4% | 70,202 | $259K |
| Flow Traders U.S. LLC | 0.01% | New | 65,056 | $240K |
| LGT Group Foundation | 0.00% | No change | 58,160 | $216K |
| Caprock Group, LLC | 0.00% | Reduce -14.4% | 58,540 | $216K |
| BSW Wealth Partners | 0.02% | Add +4.7% | 53,697 | $198K |
| CoreCommodity Management, LLC | 0.04% | No change | 48,408 | $179K |
| Vanguard Personalized Indexing Management, LLC | 0.00% | Add +5.7% | 48,279 | $178K |
| Engineers Gate Manager LP | 0.00% | Reduce -97.1% | 47,879 | $177K |
| Quadrant Capital Group LLC | 0.01% | No change | 46,894 | $173K |
| Inspire Advisors, LLC | 0.02% | Reduce -3.0% | 45,249 | $167K |
| Marex Group Ltd | 0.00% | Reduce -57.5% | 43,843 | $162K |
| Rhumbline Advisers | 0.00% | Reduce -12.5% | 41,639 | $154K |
| Pathstone Holdings, LLC | 0.00% | Add +27.4% | 41,401 | $153K |
| Cambridge Investment Research Advisors, Inc. | 0.00% | Reduce -45.4% | 38,717 | $143K |
"% of holder's portfolio" is GGB's weight in each manager's 13F, not the share of Gerdau SA -Spon ADR the manager owns.