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 |
| Bridgewater Associates | 0.00% | New | 48,174 | $174K |
| Vanguard Personalized Indexing Management, LLC | 0.00% | Reduce -3.0% | 46,828 | $169K |
| Cambridge Investment Research Advisors, Inc. | 0.00% | Add +18.3% | 45,814 | $165K |
| Rhumbline Advisers | 0.00% | Reduce -1.1% | 41,175 | $149K |
| Pathstone Holdings, LLC | 0.00% | Reduce -2.3% | 40,446 | $146K |
| Money Concepts Capital Corp. | 0.01% | No change | 38,430 | $139K |
| Cerity Partners LLC | 0.00% | Add +6.4% | 38,283 | $138K |
| Inspire Advisors, LLC | 0.01% | Reduce -19.9% | 36,250 | $131K |
| Sowell Financial Services LLC | 0.00% | No change | 33,377 | $120K |
| Fractal Investments LLC | 0.01% | No change | 33,264 | $120K |
| Ballentine Partners, LLC | 0.00% | Add +24.8% | 33,163 | $120K |
| State of Wyoming | 0.01% | Add +36.1% | 32,986 | $119K |
| Caitong International Asset Management Co., Ltd | 0.02% | Add +273.1% | 31,674 | $114K |
| Aigen Investment Management, LP | 0.03% | Add +57.2% | 30,345 | $110K |
| SG Americas Securities, LLC | 0.00% | New | 30,300 | $109K |
| QRG Capital Management, Inc. | 0.00% | Add +11.9% | 30,100 | $109K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -6.8% | 29,101 | $105K |
| Mitsubishi UFJ Trust & Banking Corp | 0.00% | Add +9.6% | 28,991 | $105K |
| R Squared Ltd | 0.06% | New | 28,939 | $104K |
| Johnson Investment Counsel Inc. | 0.00% | No change | 28,300 | $102K |
| Pavaki Capital Management LLC | 0.06% | No change | 25,200 | $91K |
| Raymond James Financial Inc. | 0.00% | Add +4.3% | 23,201 | $84K |
| Inspire Investing, LLC | 0.00% | Reduce -14.5% | 22,578 | $82K |
| Yousif Capital Management, LLC | 0.00% | No change | 22,284 | $80K |
| Wells Fargo & Company | 0.00% | Reduce -8.3% | 20,852 | $75K |
| United Capital Financial Advisors, LLC | 0.00% | Add +70.3% | 20,084 | $73K |
| Corient Private Wealth LP | 0.00% | Reduce -31.1% | 19,561 | $71K |
| Mariner, LLC | 0.00% | New | 18,909 | $68K |
| Flow Traders U.S. LLC | 0.00% | Reduce -73.8% | 17,048 | $62K |
| Plan A Wealth LLC | 0.03% | Reduce -8.6% | 16,410 | $59K |
| National Bank of Canada | 0.00% | Reduce -4.3% | 16,385 | $59K |
| Mgo One Seven LLC | 0.00% | Add +40.8% | 16,238 | $59K |
| Signaturefd, LLC | 0.00% | Reduce -2.9% | 16,220 | $59K |
| O'shaughnessy Asset Management, LLC | 0.00% | Add +11.2% | 16,026 | $58K |
| Parallel Advisors, LLC | 0.00% | Add +4.7% | 15,032 | $54K |
| Argos Wealth Advisors, LLC | 0.02% | No change | 14,757 | $53K |
| Sivia Capital Partners, LLC | 0.01% | Reduce -5.3% | 14,731 | $53K |
| Franklin Resources Inc. | 0.00% | Add +0.1% | 14,682 | $53K |
| KCM Investment Advisors LLC | 0.00% | No change | 14,576 | $53K |
| J. Safra Sarasin Holding AG | 0.00% | New | 14,285 | $52K |
| Sigma Planning Corp | 0.00% | Reduce -22.5% | 13,426 | $48K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +57.6% | 13,243 | $48K |
| Bank of New York Mellon Corp | 0.00% | New | 12,608 | $46K |
| Allspring Global Investments Holdings, LLC | 0.00% | New | 12,030 | $45K |
| LPL Financial LLC | 0.00% | New | 12,413 | $45K |
| Coldstream Capital Management Inc. | 0.00% | Add +3.5% | 12,387 | $45K |
| MML Investors Services, LLC | 0.00% | Reduce -2.2% | 12,100 | $44K |
| SmartHarvest Portfolios, LLC | 0.02% | New | 11,996 | $43K |
| Zhang Financial LLC | 0.00% | No change | 11,695 | $42K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | No change | 11,319 | $41K |
| Brooklyn Investment Group | 0.00% | New | 11,170 | $40K |
| Nomura Asset Management International Inc. | 0.00% | New | 11,062 | $40K |
| Scientech Research LLC | 0.03% | New | 11,075 | $40K |
| Private Advisor Group, LLC | 0.00% | Add +0.1% | 11,065 | $40K |
| Ieq Capital, LLC | 0.00% | Reduce -0.7% | 11,041 | $40K |
| FMR LLC | 0.00% | Reduce -100.0% | 10,956 | $40K |
| Mercer Global Advisors Inc. | 0.00% | Reduce -8.1% | 10,928 | $39K |
| US Bancorp \de | 0.00% | Add +10.2% | 10,356 | $37K |
| Schroder Investment Management Group | 0.00% | New | 10,582 | $37K |
| Jefferies Financial Group Inc. | 0.00% | New | 10,091 | $36K |
| Simplex Trading, LLC | 0.00% | Add +641.8% | 9,302 | $34K |
| Pinnacle Wealth Planning Services, Inc. | 0.00% | No change | 9,232 | $33K |
| Basecamp Wealth Advisors LLC | 0.01% | No change | 7,870 | $28K |
| Group One Trading LLC | 0.00% | Reduce -33.4% | 7,584 | $27K |
| Royal Bank of Canada | 0.00% | Reduce -1.4% | 6,599 | $24K |
| Rockefeller Capital Management L.P. | 0.00% | Add +406.9% | 6,007 | $22K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +315.0% | 4,374 | $16K |
| GAMMA Investing LLC | 0.00% | Add +9.2% | 2,932 | $11K |
| Eurizon Capital SGR S.p.A. | 0.00% | No change | 2,893 | $10K |
| North Star Investment Management Corp. | 0.00% | Add +5.2% | 2,650 | $10K |
| Hantz Financial Services, Inc. | 0.00% | Add +710.3% | 2,115 | $8K |
| Ritter Daniher Financial Advisory LLC / DE | 0.00% | No change | 2,135 | $8K |
| Farther Finance Advisors, LLC | 0.00% | Add +7.6% | 1,511 | $6K |
| Allworth Financial LP | 0.00% | Reduce -9.2% | 1,467 | $5K |
| Assetmark, Inc. | 0.00% | Add +17.8% | 1,084 | $4K |
| WealthCollab, LLC | 0.00% | No change | 1,035 | $4K |
| Brown Brothers Harriman & Co. | 0.00% | No change | 818 | $3K |
| Federation des caisses Desjardins du Quebec | 0.00% | No change | 756 | $3K |
| Northwestern Mutual Wealth Management Co. | 0.00% | New | 553 | $2K |
| Ramirez Asset Management, Inc. | 0.00% | No change | 543 | $2K |
| Ancora Advisors LLC | 0.00% | Add +432.3% | 346 | $1K |
| Blue Trust, Inc. | 0.00% | Reduce -83.5% | 302 | $1K |
| Osaic Holdings, Inc. | 0.00% | New | 300 | $1K |
| JFS Wealth Advisors, LLC | 0.00% | No change | 273 | $986 |
| Strategic Wealth Partners, Ltd. | 0.00% | No change | 252 | $910 |
| Addison Advisors LLC | 0.00% | No change | 250 | $903 |
| Cwm, LLC | 0.00% | No change | 237 | $856 |
| Bell Investment Advisors, Inc | 0.00% | No change | 187 | $676 |
| Cornerstone Financial Management LLC | 0.00% | New | 121 | $437 |
| True Wealth Design, LLC | 0.00% | No change | 80 | $289 |
| Jones Financial Companies LLLP | 0.00% | New | 65 | $222 |
| Root Financial Partners, LLC | 0.00% | New | 30 | $108 |
| Huntington National Bank | 0.00% | No change | 1 | $4 |
| Danske Bank A/S | 0.00% | No change | 1 | $4 |
"% of holder's portfolio" is GGB's weight in each manager's 13F, not the share of Gerdau SA -Spon ADR the manager owns.