Gerdau SA -Spon ADRGGB
13F holders, Q1 2026 (March 31)194holders +12
33new positions
20sold out
9famous investors
$3.61avg. 13F price*
At the end of Q1 2026, 194 institutions reported holding Gerdau SA -Spon ADR (GGB) in their 13F filings, up 12 from Q4 2025. 33 opened new positions and 20 sold out. The largest holders were Capital World Investors ($99.4M), Two Sigma Investments, LP ($93.3M) and Donald Smith & Co., Inc. ($87.1M). 9 famous investors held it, including Jim Simons / Peter Brown (0.1% 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 Q4 2025 → Q1 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 33 | $142.8M |
| Exits | 20 | $112.8M |
All 13F filers, Q4 2025 → Q1 2026: 142,034,677 shares bought and 151,271,438 shares sold, net −9,236,761 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 194 holders
| Capital World Investors | 0.01% | New | 27,530,306 | $99.4M |
| Two Sigma Investments, LP | 0.08% | Add +588.9% | 25,839,720 | $93.3M |
| Donald Smith & Co., Inc. | 1.57% | Reduce -0.3% | 24,140,583 | $87.1M |
| Contrarian Capital Management, L.L.C. | 19.30% | No change | 19,069,112 | $68.8M |
| Aquamarine Financial (Cayman) Ltd | 4.42% | Reduce -14.3% | 16,726,171 | $60.4M |
| Bank of America Corp. | 0.00% | Add +11393.6% | 13,222,623 | $47.7M |
| Acadian Asset Management LLC | 0.07% | Add +2080.4% | 13,040,903 | $47.1M |
| Dimensional Fund Advisors LP | 0.01% | Reduce -1.5% | 11,875,631 | $42.8M |
| Goldman Sachs Group Inc. | 0.01% | Add +318.7% | 10,994,119 | $39.7M |
| Renaissance Technologies | 0.06% | Add +76.1% | 10,936,524 | $39.5M |
| BlackRock, Inc. | 0.00% | Add +53.6% | 10,852,883 | $39.2M |
| D. E. Shaw & Co. | 0.03% | Add +439.6% | 8,717,288 | $31.5M |
| Jane Street Group, LLC | 0.03% | Add +534.2% | 7,936,256 | $28.6M |
| Mackenzie Financial Corp. | 0.03% | Add +88.9% | 7,777,577 | $28.1M |
| Morgan Stanley | 0.00% | Add +29.3% | 7,500,835 | $27.1M |
| Causeway Capital Management LLC | 0.30% | Reduce -5.8% | 6,841,155 | $24.7M |
| American Century Companies Inc. | 0.01% | Add +22.6% | 6,649,776 | $24.0M |
| Itau Unibanco Holding S.A. | 0.53% | Reduce -29.0% | 6,208,632 | $22.2M |
| Massachusetts Financial Services Co. | 0.01% | Add +292.8% | 5,213,285 | $18.9M |
| SPX Gestao de Recursos Ltda | 1.28% | Reduce -13.1% | 4,254,223 | $15.4M |
| Qube Research & Technologies Ltd | 0.02% | New | 4,073,701 | $14.7M |
| State Street Corp. | 0.00% | Add +4.8% | 3,700,299 | $13.4M |
| Engineers Gate Manager LP | 0.14% | Add +6416.8% | 3,120,182 | $11.3M |
| Millennium Management | 0.01% | Reduce -20.9% | 2,772,077 | $10.0M |
| FIL Ltd | 0.01% | Add +5.8% | 2,691,023 | $9.7M |
| Kapitalo Investimentos Ltda | 1.81% | New | 2,664,158 | $9.6M |
| Russell Investments Group, Ltd. | 0.01% | Add +209.2% | 2,688,791 | $9.3M |
| UBS Group AG | 0.00% | Reduce -26.4% | 2,233,950 | $8.1M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.01% | Add +103.7% | 2,087,069 | $7.5M |
| Vanguard Capital Management LLC | 0.00% | — | 2,020,287 | $7.3M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +1249.5% | 1,808,555 | $6.5M |
| GMO | 0.01% | Add +168.6% | 1,574,740 | $5.7M |
| Man Group plc | 0.01% | New | 1,509,767 | $5.5M |
| Amundi | 0.00% | Add +4.6% | 1,421,830 | $5.1M |
| Aquatic Capital Management LLC | 0.14% | Add +35.0% | 1,389,143 | $5.0M |
| Optiver Holding B.V. | 0.16% | Reduce -53.9% | 1,166,148 | $4.2M |
| AQR Capital Management | 0.00% | Add +303.5% | 1,100,479 | $4.0M |
| New York State Common Retirement Fund | 0.01% | New | 1,094,584 | $4.0M |
| Sei Investments Co. | 0.00% | Add +282.3% | 1,078,917 | $3.9M |
| Northern Trust Corp. | 0.00% | Reduce -0.3% | 1,013,571 | $3.7M |
| Capital International Sarl | 0.06% | Add +2.1% | 954,655 | $3.4M |
| Citigroup Inc. | 0.00% | Add +775.8% | 925,411 | $3.3M |
| Point72 Asset Management | 0.01% | Reduce -57.5% | 880,433 | $3.2M |
| HSBC Holdings PLC | 0.00% | Add +4.2% | 857,336 | $3.1M |
| Legal & General Group Plc | 0.00% | No change | 840,628 | $3.0M |
| Banque Cantonale Vaudoise | 0.11% | No change | 800,000 | $2.9M |
| BTG Pactual Asset Management US LLC | 0.27% | New | 765,924 | $2.8M |
| Van Eck Associates Corp. | 0.00% | Reduce -15.9% | 700,610 | $2.5M |
| Deutsche Bank AG | 0.00% | New | 699,285 | $2.5M |
| Creative Planning | 0.00% | Add +130.3% | 605,923 | $2.2M |
| Marshall Wace, LLP | 0.00% | Reduce -68.8% | 586,600 | $2.1M |
| Jump Financial, LLC | 0.03% | Reduce -71.7% | 567,779 | $2.0M |
| Navi International - Administradora e Gestora de Recursos Financeiros Ltda. | 0.89% | No change | 550,000 | $2.0M |
| Capital International Ltd. | 0.07% | No change | 527,933 | $1.9M |
| Invesco Ltd. | 0.00% | Add +76.5% | 505,291 | $1.8M |
| Quantbot Technologies LP | 0.07% | Add +73.2% | 466,744 | $1.7M |
| Guggenheim Capital LLC | 0.01% | Add +7.5% | 437,141 | $1.6M |
| Gsa Capital Partners LLP | 0.09% | Add +171.0% | 381,090 | $1.4M |
| HRT Financial LP | 0.00% | New | 367,720 | $1.3M |
| Vanguard Fiduciary Trust Co. | 0.00% | — | 365,955 | $1.3M |
| CI Investments Inc. | 0.01% | Add +7.5% | 341,274 | $1.2M |
| Fisher Asset Management | 0.00% | Reduce -19.7% | 326,059 | $1.2M |
| Squarepoint Ops LLC | 0.00% | Add +199.8% | 317,274 | $1.1M |
| Commonwealth Equity Services, LLC | 0.00% | Reduce -0.5% | 283,862 | $1.0M |
| Neuberger Berman Group LLC | 0.00% | Add +25.1% | 241,214 | $871K |
| Ethic Inc. | 0.01% | Reduce -19.6% | 238,924 | $863K |
| JPMorgan Chase & Co. | 0.00% | Add +31.4% | 243,541 | $843K |
| Centiva Capital, LP | 0.04% | New | 215,253 | $777K |
| Capital International, Inc. | 0.01% | No change | 210,637 | $760K |
| Hartree Partners, LP | 0.16% | No change | 210,000 | $758K |
| STRS Ohio | 0.00% | Reduce -13.2% | 191,830 | $693K |
| BNP Paribas Financial Markets | 0.00% | Add +139.3% | 181,258 | $654K |
| Schonfeld Strategic Advisors LLC | 0.01% | Reduce -67.0% | 180,395 | $651K |
| Tidal Investments LLC | 0.00% | Add +15.3% | 173,596 | $627K |
| Vident Advisory, LLC | 0.00% | Add +18.4% | 158,508 | $572K |
| Daiwa Securities Group Inc. | 0.00% | Add +42.0% | 138,536 | $500K |
| Robeco Institutional Asset Management B.V. | 0.00% | Add +68.0% | 135,374 | $489K |
| Larch Capital Partners LLC | 0.07% | New | 134,136 | $484K |
| Integrated Wealth Concepts LLC | 0.00% | Add +15.6% | 120,682 | $436K |
| Capital Group Investment Management Pte. LTD. | 0.07% | No change | 117,331 | $424K |
| Diversified Trust Co. | 0.01% | New | 105,249 | $380K |
| Truist Financial Corp. | 0.00% | Add +0.3% | 103,448 | $373K |
| Citadel Advisors | 0.00% | Reduce -98.4% | 99,581 | $359K |
| Virtus Family Office LLC | 0.30% | Reduce -83.3% | 96,239 | $347K |
| Stratos Wealth Partners, LTD. | 0.00% | No change | 88,200 | $318K |
| VPR Management LLC | 0.12% | No change | 86,242 | $311K |
| Sequoia Financial Advisors, LLC | 0.00% | Add +5.7% | 76,494 | $276K |
| Caxton Associates LLP | 0.01% | New | 75,300 | $272K |
| Susquehanna International Group, LLP | 0.00% | Reduce -74.8% | 75,295 | $272K |
| Connor, Clark & Lunn Investment Management Ltd. | 0.00% | Reduce -89.6% | 74,784 | $270K |
| Xponance LLC | 0.00% | Add +263.0% | 74,669 | $270K |
| XTX Topco Ltd | 0.00% | Reduce -87.4% | 74,163 | $268K |
| Crossmark Global Holdings, Inc. | 0.00% | Reduce -4.0% | 71,799 | $259K |
| Axq Capital, LP | 0.03% | New | 68,830 | $248K |
| Magnetar Financial LLC | 0.00% | Add +75.6% | 59,890 | $216K |
| Profund Advisors LLC | 0.01% | Add +73.9% | 58,487 | $211K |
| LGT Group Foundation | 0.00% | No change | 58,160 | $210K |
| BSW Wealth Partners | 0.02% | Add +0.9% | 54,163 | $196K |
| Quadrant Capital Group LLC | 0.01% | Add +7.0% | 50,194 | $181K |
| CoreCommodity Management, LLC | 0.03% | No change | 48,408 | $175K |
"% of holder's portfolio" is GGB's weight in each manager's 13F, not the share of Gerdau SA -Spon ADR the manager owns.