GGB — GERDAU SA
As of Q2 2026, 29 SEC-registered investment managers reported holding GGB (GERDAU SA) in their latest 13F filings, with a combined reported value of $507.73M across 125.64M shares. That is -12.5% by share count (-17.96M shares) versus the previous quarter, while reported value moved -2.1%. Ownership is concentrated: the five largest holders account for 62.2% of reported value and the top ten for 83.8%.
Compared with the prior quarter, 2 opened new positions, 13 added to existing stakes, 14 trimmed, 2 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.
GGB is classified in the Industrials sector.
All figures on this page are computed from SEC Form 13F quarterly filings. 13F filers disclose long positions of $100,000 or more within 45 days of quarter end; short positions, options overlays and intra-quarter trades are not included, so treat the numbers as a quarterly snapshot of institutional ownership rather than real-time positioning.
| Fund | Quarter | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|---|
| Capital World Investors history | Q2 2026 | 26.90M | $108.69M | 0.01% | Reduce |
| BlackRock Inc history | Q2 2026 | 18.23M | $73.63M | 0.00% | Add |
| Two Sigma Investments history | Q2 2026 | 15.38M | $62.15M | 0.05% | Reduce |
| Fidelity Management & Research (FMR) history | Q2 2026 | 10.39M | $41.99M | 0.00% | Add |
| Causeway Capital Management history | Q2 2026 | 7.23M | $29.21M | 0.32% | Add |
| Renaissance Technologies history | Q2 2026 | 6.90M | $27.88M | 0.04% | Reduce |
| Millennium Management history | Q2 2026 | 6.82M | $27.54M | 0.01% | Add |
| MFS Investment Management history | Q2 2026 | 5.35M | $21.69M | 0.01% | Add |
| Goldman Sachs Group history | Q2 2026 | 4.34M | $17.52M | 0.00% | Reduce |
| Morgan Stanley history | Q2 2026 | 3.76M | $15.18M | 0.00% | Reduce |
| D. E. Shaw & Co history | Q2 2026 | 3.31M | $13.36M | 0.01% | Reduce |
| Citigroup Inc history | Q2 2026 | 2.89M | $11.68M | 0.00% | Add |
| Fidelity International (FIL) history | Q2 2026 | 2.75M | $11.10M | 0.01% | Add |
| CPP Investments history | Q1 2022 | 1.62M | $10.39M | 0.01% | New |
| Vanguard Group history | Q4 2025 | 2.20M | $8.12M | 0.00% | Reduce |
| Norges Bank Investment Management history | Q2 2024 | 2.32M | $7.65M | 0.00% | New |
| Marshall Wace history | Q2 2026 | 1.58M | $6.38M | 0.01% | Add |
| Amundi US history | Q2 2026 | 1.51M | $6.09M | 0.00% | Add |
| Arrowstreet Capital history | Q2 2026 | 1.49M | $6.04M | 0.00% | New |
| UBS Group AG history | Q2 2026 | 1.12M | $4.51M | 0.00% | Reduce |
New Positions (Q2 2026)
- Arrowstreet Capital 1.49M sh · $6.04M
- JPMorgan Chase & Co 830.36K sh · $3.43M
Fully Exited (vs previous quarter)
- Deutsche Bank AG sold 699.28K sh · $2.52M
- BNY Mellon sold 12.61K sh · $45.52K
Fund Position History — shares by quarter (top 20 funds)
| Fund | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Capital World Investors | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 27.53M | 26.90M |
| BlackRock Inc | — | — | — | — | — | — | — | — | — | — | — | — | 6.28M | 8.09M | 8.23M | 7.02M | 7.00M | 7.07M | 10.85M | 18.23M |
| Two Sigma Investments | 5.24M | 1.29M | 491.01K | 1.69M | — | 4.08M | 292.31K | 175.91K | 93.52K | 1.56M | 2.68M | 3.67M | 9.88M | 14.80M | 11.62M | 7.79M | 7.49M | 3.75M | 25.84M | 15.38M |
| Fidelity Management & Research (FMR) | 429 | 428 | 2.21K | 2.07K | 5.30K | 5.32K | 5.51K | 9.21K | 21.56M | 35.08M | 39.16M | 80.08M | 88.98M | 98.19M | 97.17M | 109.09M | 85.30M | 98.65M | 10.96K | 10.39M |
| Causeway Capital Management | — | — | — | — | — | — | 7.06M | 7.73M | 7.65M | 7.36M | 3.91M | 2.67M | 2.67M | 2.67M | 2.67M | 2.67M | 7.19M | 7.26M | 6.84M | 7.23M |
| Renaissance Technologies | 6.18M | 6.18M | 4.03M | 3.44M | 2.55M | 2.40M | 6.15M | 3.40M | 1.86M | 2.27M | — | 1.84M | 2.35M | 5.61M | 8.39M | 10.24M | 10.86M | 6.21M | 10.94M | 6.90M |
| Millennium Management | 3.37M | 3.48M | 5.06M | 1.61M | 881.48K | 11.28M | 3.37M | 739.93K | 1.36M | 2.31M | 819.00K | 766.01K | 242.83K | 2.82M | 4.36M | 3.55M | 2.03M | 3.51M | 2.77M | 6.82M |
| MFS Investment Management | 105.91K | 105.91K | — | 107.62K | 136.09K | 113.34K | 121.79K | 119.10K | 119.10K | 94.65K | 93.65K | 92.70K | — | 158.26K | 392.27K | 587.60K | 940.47K | 1.33M | 5.21M | 5.35M |
| Goldman Sachs Group | 1.77M | 1.50M | 2.32M | 701.87K | 1.23M | 1.45M | 2.91M | 5.46M | 5.93M | 2.04M | 16.29M | 17.28M | 1.28M | 15.67M | 2.01M | 3.45M | 5.21M | 2.63M | 10.99M | 4.34M |
| Morgan Stanley | 1.47M | 2.90M | 4.25M | 972.25K | 1.40M | 1.63M | 5.35M | 1.14M | 1.18M | 1.73M | 1.80M | 5.41M | 4.32M | 18.86M | 9.28M | 4.31M | 6.69M | 5.80M | 7.50M | 3.76M |
| D. E. Shaw & Co | — | — | — | — | — | — | — | — | — | — | 492.25K | 656.17K | 1.11M | 1.81M | 876.91K | 2.43M | 3.17M | 1.62M | 8.72M | 3.31M |
| Citigroup Inc | 69.75K | 294.08K | 793.62K | 960.23K | 958.72K | 945.89K | 992.97K | 962.84K | 970.16K | 956.46K | 1.01M | 1.19M | 739.63K | 531.17K | 550.70K | 599.57K | 111.25K | 105.67K | 925.41K | 2.89M |
| Fidelity International (FIL) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 2.89M | 3.04M | 2.54M | 2.69M | 2.75M |
| Marshall Wace | — | — | — | — | 2.21M | — | — | — | — | — | 296.24K | 6.19M | 4.89M | 5.70M | 5.67M | 739.47K | 1.95M | 1.88M | 586.60K | 1.58M |
| Amundi US | 293.95K | 293.95K | 293.95K | 293.95K | 830.01K | 830.01K | 871.51K | 871.51K | 871.51K | 871.51K | 871.51K | 1.14M | 1.14M | 1.12M | 1.12M | 1.13M | 1.32M | 1.36M | 1.42M | 1.51M |
| Arrowstreet Capital | 2.30M | — | — | 120.83K | — | 18.93M | 15.39M | 885.04K | 12.83M | 7.26M | 2.07M | — | — | — | — | — | — | — | — | 1.49M |
| UBS Group AG | 38.87K | 155.66K | 213.25K | 78.95K | 79.57K | 223.24K | 129.74K | 947.20K | 392.70K | 140.74K | 166.89K | 191.58K | 219.46K | 708.03K | 3.08M | 2.07M | 2.09M | 3.03M | 2.23M | 1.12M |
| Northern Trust Corp | 595.18K | 623.12K | 596.32K | 544.02K | 541.96K | 508.43K | 510.55K | 674.21K | 529.04K | 516.06K | 529.17K | 579.76K | 681.29K | 918.24K | 1.13M | 900.49K | 980.25K | 1.02M | 1.01M | 995.66K |
| Point72 Asset Management | — | — | — | — | — | — | — | — | — | — | — | — | 938.10K | 233.60K | 210.46K | 248.60K | 378.60K | 2.07M | 880.43K | 897.59K |
| JPMorgan Chase & Co | 3.14M | 4.15M | 3.85M | 1.98M | 1.74M | 4.49M | 4.99M | 2.97M | 2.43M | 988.87K | 243.18K | 118.62K | 152.69K | 277.78K | 181.72K | 423.37K | 238.63K | 185.31K | — | 830.36K |
▲ Bought Low (fund opened/added, stock rose ≥5% next quarter) ▼ Sold High (fund reduced, stock fell ≥5% next quarter)
Drag / scroll to zoom · Default shows the most recent year · Annotations come from quarterly fund actions in 13F filings · Hover a marker for details