GERDAU SA (GGB)
Institutional ownership reported to the SEC as of Q2 2026, across 31 quarters.
207
Reporting holders
$1.3B
Reported value
43.9%
Of shares outstanding
0.1%
Held as options
+22
Holder change
Institutions report 314,974,104 shares against 717,782,619 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end. Share count carried from an earlier filing (concept 2025-12-31).
Options share is the part of reported value carried in derivative lines rather than shares. A high figure means institutions are expressing a view on this security without owning much of it.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| Capital World Investors | $108.7M | 26,902,473 | 0.01% | 2q | -2.3%-$2.5M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $104.0M | 25,745,217 | 0.02% | 4q | +1323.5%+$96.7M |
| CONTRARIAN CAPITAL MANAGEMENT, L.L.C. | $77.0M | 19,069,112 | 25.17% | 31q | HELD |
| BlackRock, Inc. | $73.6M | 18,225,403 | 0.00% | 8q | +67.9%+$29.8M |
| DONALD SMITH & CO., INC. | $70.7M | 17,490,810 | 1.25% | 5q | -27.5%-$26.9M |
| Aquamarine Financial (Cayman) Ltd | $67.6M | 16,726,171 | 3.73% | 4q | HELD |
| TWO SIGMA INVESTMENTS, LP | $62.1M | 15,383,237 | 0.04% | 15q | -40.5%-$42.2M |
| MACKENZIE FINANCIAL CORP | $59.1M | 14,638,321 | 0.06% | 15q | +88.2%+$27.7M |
| DIMENSIONAL FUND ADVISORS LP | $46.1M | 11,394,004 | 0.01% | 31q | -4.1%-$1.9M |
| FMR LLC | $42.0M | 10,392,607 | 0.00% | 31q | +94757.7%+$41.9M |
| SEI INVESTMENTS CO | $37.2M | 9,218,764 | 0.03% | 22q | +754.4%+$32.9M |
| Itau Unibanco Holding S.A. | $34.3M | 8,511,525 | 0.65% | 31q | +37.1%+$9.3M |
| Assenagon Asset Management S.A. | $32.6M | 8,064,980 | 0.02% | new | NEW |
| AMERICAN CENTURY COMPANIES INC | $29.2M | 7,238,674 | 0.01% | 27q | +8.9%+$2.4M |
| CAUSEWAY CAPITAL MANAGEMENT LLC | $29.2M | 7,229,538 | 0.32% | 14q | +5.7%+$1.6M |
| Engineers Gate Manager LP | $28.3M | 7,010,275 | 0.37% | 4q | +124.7%+$15.7M |
| RENAISSANCE TECHNOLOGIES LLC | $27.9M | 6,902,124 | 0.04% | 9q | -36.9%-$16.3M |
| MILLENNIUM MANAGEMENT LLC | $27.5M | 6,817,870 | 0.01% | 26q | +145.9%+$16.3M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $21.7M | 5,353,619 | 0.01% | 7q | +2.7%+$568.5K |
| Russell Investments Group, Ltd. | $21.6M | 5,233,642 | 0.02% | 3q | +94.6%+$10.5M |
| GOLDMAN SACHS GROUP INC | $17.5M | 4,337,530 | 0.00% | 31q | -60.5%-$26.9M |
| MORGAN STANLEY | $15.2M | 3,757,890 | 0.00% | 35q | -49.9%-$15.1M |
| STATE STREET CORP | $14.7M | 3,647,507 | 0.00% | 31q | -1.4%-$213.3K |
| D. E. Shaw & Co., Inc. | $13.4M | 3,307,741 | 0.01% | 10q | -62.1%-$21.9M |
| CITIGROUP INC | $11.7M | 2,891,210 | 0.00% | 31q | +212.4%+$7.9M |
| FIL Ltd | $11.1M | 2,748,696 | 0.01% | 5q | +2.1%+$233.0K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $10.5M | 2,604,951 | 0.01% | 3q | +24.8%+$2.1M |
| NEW YORK STATE COMMON RETIREMENT FUND | $9.2M | 2,268,209 | 0.01% | 2q | +107.2%+$4.7M |
| DYNAMO INTERNACIONAL GESTAO DE RECURSOS LTDA. | $8.5M | 2,109,474 | 3.49% | new | NEW |
| BW Gestao de Investimentos Ltda. | $7.4M | 1,830,489 | 0.15% | new | NEW |
| Man Group plc | $7.3M | 1,808,190 | 0.01% | 2q | +19.8%+$1.2M |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $7.1M | 1,728,069 | 0.01% | 2q | +16230.3%+$7.1M |
| VANGUARD CAPITAL MANAGEMENT LLC | $6.5M | 1,597,513 | 0.00% | 2q | -20.9%-$1.7M |
| MARSHALL WACE, LLP | $6.4M | 1,579,741 | 0.01% | 10q | +169.3%+$4.0M |
| Connor, Clark & Lunn Investment Management Ltd. | $6.3M | 1,550,335 | 0.01% | 17q | +1973.1%+$6.0M |
| Amundi | $6.1M | 1,506,748 | 0.00% | 21q | +6.0%+$343.1K |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $6.0M | 1,494,272 | 0.00% | new | NEW |
| Kapitalo Investimentos Ltda | $5.7M | 1,400,017 | 0.36% | 2q | -47.4%-$5.1M |
| Grantham, Mayo, Van Otterloo & Co. LLC | $5.6M | 1,379,015 | 0.01% | 18q | -12.4%-$790.7K |
| Qube Research & Technologies Ltd | $5.3M | 1,304,436 | 0.00% | 2q | -68.0%-$11.2M |
| UBS Group AG | $4.5M | 1,116,899 | 0.00% | 31q | -50.0%-$4.5M |
| CAPITAL INTERNATIONAL SARL | $4.2M | 1,038,698 | 0.06% | 31q | +8.8%+$339.5K |
| NORTHERN TRUST CORP | $4.0M | 995,664 | 0.00% | 31q | -1.8%-$72.3K |
| HSBC HOLDINGS PLC | $3.9M | 972,854 | 0.00% | 30q | +13.5%+$466.6K |
| Point72 Asset Management, L.P. | $3.6M | 897,585 | 0.00% | 8q | +1.9%+$69.3K |
| BNP PARIBAS FINANCIAL MARKETS | $3.5M | 856,966 | 0.00% | 31q | +372.8%+$2.7M |
| JPMORGAN CHASE & CO | $3.4M | 830,364 | 0.00% | 31q | +241.0%+$2.4M |
| Creative Planning | $3.3M | 809,546 | 0.00% | 16q | +33.6%+$822.6K |
| VAN ECK ASSOCIATES CORP | $3.2M | 799,999 | 0.00% | 31q | +14.2%+$401.5K |
| BTG Pactual Asset Management US LLC | $3.2M | 785,688 | 0.20% | 2q | +2.6%+$79.9K |
| AQR CAPITAL MANAGEMENT LLC | $3.1M | 758,076 | 0.00% | 31q | -31.1%-$1.4M |
| Legal & General Group Plc | $2.9M | 715,026 | 0.00% | 23q | -14.9%-$506.8K |
| CITADEL ADVISORS LLC | $2.5M | 539,624 | 0.00% | 31q | +441.9%+$2.0M |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $2.3M | 567,562 | 0.00% | 2q | +5030.7%+$2.2M |
| Navi International - Administradora e Gestora de Recursos Financeiros Ltda. | $2.2M | 550,000 | 1.50% | 3q | HELD |
| CAPITAL INTERNATIONAL LTD /CA/ | $2.1M | 527,933 | 0.07% | 30q | HELD |
| B. Metzler seel. Sohn & Co. AG | $2.1M | 522,135 | 0.02% | new | NEW |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $2.0M | 498,302 | 0.01% | new | NEW |
| GUGGENHEIM CAPITAL LLC | $1.8M | 457,498 | 0.01% | 22q | +4.7%+$82.2K |
| NEUBERGER BERMAN GROUP LLC | $1.6M | 395,694 | 0.00% | 17q | +64.0%+$624.1K |
| Invesco Ltd. | $1.5M | 370,592 | 0.00% | 24q | -26.7%-$544.2K |
| VANGUARD FIDUCIARY TRUST CO | $1.5M | 365,955 | 0.00% | 2q | HELD |
| Schonfeld Strategic Advisors LLC | $1.3M | 323,151 | 0.00% | 7q | +79.1%+$576.7K |
| DIVERSIFIED TRUST CO | $1.2M | 289,331 | 0.02% | 2q | +174.9%+$743.7K |
| COMMONWEALTH EQUITY SERVICES, LLC | $1.1M | 275,533 | 0.00% | 10q | -2.9%-$33.6K |
| Integrated Wealth Concepts LLC | $1.1M | 272,075 | 0.01% | 5q | +125.4%+$611.6K |
| Bridgewater Associates, LP | $1.1M | 271,680 | 0.00% | 2q | +464.0%+$903.0K |
| Quantbot Technologies LP | $1.0M | 258,389 | 0.04% | 6q | -44.6%-$841.8K |
| Fisher Asset Management, LLC | $1.0M | 254,393 | 0.00% | 31q | -22.0%-$289.5K |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $936.1K | options only | 0.00% | 31q | OPTIONS |
| Capital International, Inc./CA/ | $851.0K | 210,637 | 0.01% | 31q | HELD |
| Robeco Institutional Asset Management B.V. | $828.8K | 205,143 | 0.00% | 9q | +51.5%+$281.9K |
| BANK OF AMERICA CORP /DE/ | $742.9K | 183,891 | 0.00% | 31q | -98.6%-$52.7M |
| STRS OHIO | $732.8K | 181,390 | 0.00% | 31q | -5.4%-$42.2K |
| Tidal Investments LLC | $714.6K | 176,888 | 0.00% | 4q | +1.9%+$13.3K |
| Squarepoint Ops LLC | $636.3K | 157,499 | 0.00% | 6q | -50.4%-$645.5K |
| Vident Advisory, LLC | $635.8K | 157,382 | 0.00% | 5q | -0.7%-$4.5K |
| Optiver Holding B.V. | $630.1K | 155,971 | 0.00% | 7q | -86.6%-$4.1M |
| Nykredit A/S | $609.6K | 150,884 | 0.00% | new | FIRST |
| Daiwa Securities Group Inc. | $608.2K | 150,536 | 0.00% | 31q | +8.7%+$48.5K |
| HIMENSION CAPITAL (SINGAPORE) PTE. LTD. | $519.5K | 128,587 | 0.03% | new | NEW |
| LARCH CAPITAL PARTNERS LLC | $505.5K | 125,136 | 0.07% | 2q | -6.7%-$36.4K |
| Centiva Capital, LP | $503.1K | 124,519 | 0.00% | 2q | -42.2%-$366.6K |
| CAPITAL GROUP INVESTMENT MANAGEMENT PTE. LTD. | $474.0K | 117,331 | 0.07% | 15q | HELD |
| Ethic Inc. | $471.0K | 116,595 | 0.01% | 13q | -51.2%-$494.2K |
| Aquatic Capital Management LLC | $421.7K | 104,372 | 0.01% | 6q | -92.5%-$5.2M |
| TRUIST FINANCIAL CORP | $419.9K | 103,948 | 0.00% | 27q | HELD |
| State of Wyoming | $374.8K | 92,772 | 0.04% | 4q | +181.2%+$241.5K |
| GROUP ONE TRADING LLC | $372.5K | options only | 0.00% | 6q | OPTIONS |
| Mitsubishi UFJ Trust & Banking Corp | $363.6K | 89,991 | 0.00% | 31q | +210.4%+$246.4K |
| Stratos Wealth Partners, LTD. | $356.3K | 88,200 | 0.00% | 31q | HELD |
| VPR Management LLC | $348.4K | 86,242 | 0.14% | 15q | HELD |
| Sequoia Financial Advisors, LLC | $334.8K | 82,870 | 0.00% | 18q | +8.3%+$25.8K |
| CenterBook Partners LP | $313.0K | 77,472 | 0.02% | new | NEW |
| US BANCORP \DE\ | $295.0K | 73,020 | 0.00% | 31q | +605.1%+$253.2K |
| Crossmark Global Holdings, Inc. | $290.1K | 71,799 | 0.00% | 31q | HELD |
| Collaborative Fund Advisors, LLC | $270.9K | 67,055 | 0.16% | new | NEW |
| BLI - Banque de Luxembourg Investments | $248.7K | 60,000 | 0.01% | new | NEW |
| BSW Wealth Partners | $246.6K | 61,049 | 0.03% | 10q | +12.7%+$27.8K |
| XPONANCE LLC | $244.4K | 60,497 | 0.00% | 6q | -19.0%-$57.3K |
Showing the largest 100 of 217 reported holders.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 207 | $1.3B | 314,974,104 | 46 | 67 | 51 | 0.1% |
| Q1 2026 | 185 | $1.1B | 291,780,439 | 30 | 68 | 43 | 0.1% |
| Q4 2025 | 171 | $1.2B | 313,969,535 | 21 | 57 | 54 | 0.0% |
| Q3 2025 | 168 | $1.0B | 324,626,981 | 27 | 65 | 41 | 0.0% |
| Q2 2025 | 154 | $880.9M | 301,504,957 | 21 | 54 | 39 | 0.0% |
| Q1 2025 | 170 | $852.5M | 300,048,211 | 25 | 38 | 61 | 0.0% |
| Q4 2024 | 174 | $896.2M | 311,037,969 | 20 | 52 | 57 | 0.0% |
| Q3 2024 | 176 | $1.1B | 308,355,970 | 25 | 57 | 49 | 0.1% |
| Q2 2024 | 179 | $1.0B | 310,640,331 | 27 | 106 | 39 | 0.1% |
| Q1 2024 | 168 | $1.1B | 258,510,650 | 16 | 49 | 59 | 0.2% |
| Q4 2023 | 176 | $1.2B | 250,866,984 | 16 | 54 | 61 | 0.7% |
| Q3 2023 | 171 | $1.2B | 245,523,154 | 19 | 39 | 65 | 1.4% |
| Q2 2023 | 176 | $1.3B | 241,019,190 | 20 | 54 | 56 | 0.9% |
| Q1 2023 | 193 | $1.2B | 244,827,386 | 26 | 111 | 50 | 1.0% |
| Q4 2022 | 181 | $1.1B | 189,924,481 | 36 | 60 | 49 | 1.2% |
| Q3 2022 | 196 | $1.0B | 223,987,435 | 25 | 63 | 60 | 1.5% |
| Q2 2022 | 189 | $1.0B | 231,525,782 | 41 | 54 | 59 | 1.2% |
| Q1 2022 | 174 | $1.5B | 234,652,472 | 33 | 62 | 43 | 1.3% |
| Q4 2021 | 162 | $1.2B | 236,360,615 | 28 | 52 | 42 | 2.3% |
| Q3 2021 | 150 | $1.2B | 245,088,594 | 13 | 54 | 45 | 1.3% |
| Q2 2021 | 175 | $1.6B | 271,803,328 | 43 | 55 | 37 | 1.3% |
| Q1 2021 | 150 | $1.4B | 255,887,353 | 20 | 50 | 46 | 1.0% |
| Q4 2020 | 157 | $1.2B | 259,366,751 | 31 | 40 | 44 | 2.3% |
| Q3 2020 | 132 | $987.5M | 263,148,096 | 18 | 38 | 49 | 1.9% |
| Q2 2020 | 125 | $777.5M | 258,569,244 | 23 | 39 | 39 | 1.7% |
| Q1 2020 | 124 | $495.4M | 255,606,257 | 23 | 38 | 41 | 1.5% |
| Q4 2019 | 129 | $1.2B | 235,957,291 | 16 | 33 | 53 | 2.0% |
| Q3 2019 | 130 | $761.3M | 238,831,553 | 21 | 38 | 46 | 1.2% |
| Q2 2019 | 130 | $957.6M | 233,845,654 | 18 | 54 | 34 | 5.0% |
| Q1 2019 | 132 | $938.8M | 229,445,393 | 18 | 39 | 45 | 5.2% |
| Q4 2018 | 132 | $883.3M | 220,170,693 | 4 | 3 | 3 | 6.2% |