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Disclosery

GGB GERDAU SA

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ADR (ADR), issuer CIK 1073404

162 managers (169 13F filers) reported a position in GGB shares at 2025-06-30, 304,757,803 shares in all. 22 filers opened a position and 35 filers sold out during the quarter.

Managers
162
13F filers
169
New
22
Added
63
Reduced
48
Sold out
35
Shares held by filers
304,757,803

Shares held by filers adds up every 13F filer's report, so a share reported by a parent and by its subsidiary counts twice (H9). Managers counts each filer group once.

13D and 13G filers

No 13D or 13G on this security in the data. Structured 13D/G data starts 2024-12-18.

Insider trades

No Form 4 transaction on this security in the data.

13F holders, Q2 2025

Filers in the available 13F reports with a share position at 2025-06-30, filer groups collapsed to one row (method), largest first. Options and principal amounts are left out. A group row states no % of portfolio, since each member reports its own portfolio: the members' percents are listed under it. A value about 1,000 times or 1/1,000 of the price other filers imply is shown as filed but neither ranks the row nor enters a sum.

HolderSharesValue% of portfolioChangeSource
FMR LLCin group FMR LLC109,091,180$319M0.02%+11,918,85913F-HRTimelineGroup
Capital International Investorsgroup of 4 filers holding32,541,395$95M+15,578Timeline
CONTRARIAN CAPITAL MANAGEMENT, L.L.C.in group CONTRARIAN CAPITAL MANAGEMENT…19,069,112$55.7M15.93%-150,00013F-HRTimelineGroup
TWO SIGMA INVESTMENTS, LPgroup of 2 filers holding13,458,088$39.3M-8,135,231Timeline
CITADEL ADVISORS LLCin group CITADEL ADVISORS LLC13,141,606$38.4M0.03%+9,866,72813F-HRTimelineGroup
BANK OF AMERICA CORP /DE/in group BANK OF AMERICA CORP /DE/12,984,389$37.9M<0.01%+8,039,81413F-HRTimelineGroup
DIMENSIONAL FUND ADVISORS LPin group DIMENSIONAL FUND ADVISORS LP12,446,714$36.3M0.01%-623,15613F-HRTimelineGroup
RENAISSANCE TECHNOLOGIES LLC10,243,601$29.9M0.04%+1,857,57713F-HRTimeline
BlackRock, Inc.in group BlackRock, Inc.7,020,741$20.5M<0.01%-1,207,19813F-HRTimelineGroup
DONALD SMITH & CO., INC.in group DONALD SMITH & CO., INC.5,972,460$17.4M0.41%new13F-HRTimelineGroup
MORGAN STANLEYin group MORGAN STANLEY4,307,444$12.6M<0.01%-4,968,44213F-HRTimelineGroup
Itau Unibanco Holding S.A.in group Itau Unibanco Holding S.A.4,036,600$11.8M0.45%+1,358,30013F-HRTimelineGroup
AMERICAN CENTURY COMPANIES INCin group AMERICAN CENTURY COMPANIES INC4,016,749$11.7M0.01%+366,34013F-HRTimelineGroup
Optiver Holding B.V.in group Optiver Holding B.V.3,683,049$10.8M0.29%+710,73413F-HRTimelineGroup
MILLENNIUM MANAGEMENT LLCin group MILLENNIUM MANAGEMENT LLC3,554,391$10.4M0.01%-809,37313F-HRTimelineGroup
GOLDMAN SACHS GROUP INCin group GOLDMAN SACHS GROUP INC3,447,326$10.1M<0.01%+1,438,59913F-HRTimelineGroup
STATE STREET CORPin group STATE STREET CORP3,240,617$9.46M<0.01%+208,09313F-HRTimelineGroup
VANGUARD GROUP INCgroup of 2 filers holding3,214,077$9.39M+67,028Timeline
FIL Ltdin group FIL Ltd2,892,664$8.45M0.01%new13F-HRTimelineGroup
SPX Gestao de Recursos Ltdain group SPX Gestao de Recursos Ltda2,869,104$8.38M0.78%new13F-HRTimelineGroup
CAUSEWAY CAPITAL MANAGEMENT LLC2,670,178$7.8M0.12%013F-HRTimeline
D. E. Shaw & Co., Inc.in group D. E. Shaw & Co., Inc.2,426,242$7.08M0.01%+1,549,33213F-HRTimelineGroup
Kawa Capital Management, Inc2,094,404$6.12M11.15%013F-HR/ATimeline
UBS Group AGgroup of 2 filers holding2,073,033$6.05M-3,352,365Timeline
Cubist Systematic Strategies, LLC1,948,705$5.69M0.06%new13F-HRTimeline
MACKENZIE FINANCIAL CORP1,544,372$4.51M0.01%-881,22113F-HRTimeline
Amundiin group Amundi1,126,161$3.43M<0.01%+1,19013F-HRTimelineGroup
VAN ECK ASSOCIATES CORPin group VAN ECK ASSOCIATES CORP1,030,576$3.01M<0.01%-130,75813F-HRTimelineGroup
AXA S.A.in group AXA S.A.1,024,392$2.99M0.01%013F-HRTimelineGroup
NORTHERN TRUST CORPin group NORTHERN TRUST CORP900,494$2.63M<0.01%-232,14013F-HRTimelineGroup
Connor, Clark & Lunn Investment Managem…884,022$2.58M0.01%-91,31113F-HRTimeline
ACADIAN ASSET MANAGEMENT LLCin group ACADIAN ASSET MANAGEMENT LLC867,667$2.53M0.01%-2,440,03513F-HRTimelineGroup
Legal & General Group Plcin group Legal & General Group Plc840,628$2.45M<0.01%013F-HRTimelineGroup
HSBC HOLDINGS PLCin group HSBC HOLDINGS PLC805,801$2.35M<0.01%+35,03013F-HRTimelineGroup
MARSHALL WACE, LLPin group MARSHALL WACE, LLP739,473$2.16M<0.01%-4,929,83913F-HRTimelineGroup
Grantham, Mayo, Van Otterloo & Co. LLC702,020$2.05M0.01%-2,927,55613F-HRTimeline
BNP PARIBAS FINANCIAL MARKETSin group BNP PARIBAS FINANCIAL MARKETS643,374$1.88M<0.01%-152,47913F-HRTimelineGroup
CITIGROUP INCin group CITIGROUP INC599,566$1.75M<0.01%+48,87013F-HRTimelineGroup
MASSACHUSETTS FINANCIAL SERVICES CO /MA/in group MASSACHUSETTS FINANCIAL SERVI…587,602$1.72M<0.01%+195,32813F-HRTimelineGroup
AIA Group Ltdin group AIA Group Ltd452,237$1.32M0.03%013F-HRTimelineGroup
Virtus Family Office LLC451,158$1.32M1.69%+147,25913F-HRTimeline
JPMORGAN CHASE & COin group JPMORGAN CHASE & CO423,367$1.24M<0.01%+241,65113F-HRTimelineGroup
Quantbot Technologies LP422,861$1.23M0.03%-26,09613F-HRTimeline
Fisher Asset Management, LLC404,981$1.18M<0.01%013F-HRTimeline
GUGGENHEIM CAPITAL LLCin group GUGGENHEIM CAPITAL LLC371,567$1.08M0.01%+75,45313F-HRTimelineGroup
Russell Investments Group, Ltd.in group Russell Investments Group, Lt…361,910$1.06M<0.01%013F-HRTimelineGroup
CI INVESTMENTS INC.in group CI INVESTMENTS INC.328,741$960K<0.01%new13F-HRTimelineGroup
Aquatic Capital Management LLC295,463$863K0.02%-22,23013F-HRTimeline
COMMONWEALTH EQUITY SERVICES, LLC290,227$847K<0.01%-30413F-HRTimeline
Invesco Ltd.in group Invesco Ltd.271,819$794K<0.01%-9,06713F-HRTimelineGroup
Banco BTG Pactual S.A.261,800$764K0.16%+200,90013F-HRTimeline
STRS OHIO259,660$758K<0.01%013F-HRTimeline
Banque Cantonale Vaudoisein group Banque Cantonale Vaudoise258,000$753K0.03%013F-HRTimelineGroup
Point72 Asset Management, L.P.in group Point72 Asset Management, L.P.248,600$726K<0.01%+38,13913F-HRTimelineGroup
ARGA Investment Management, LP226,447$661K0.02%+1,03613F-HRTimeline
NEUBERGER BERMAN GROUP LLCin group NEUBERGER BERMAN GROUP LLC213,134$622K<0.01%-24,35013F-HR/ATimelineGroup
AQR CAPITAL MANAGEMENT LLCin group AQR CAPITAL MANAGEMENT LLC208,085$608K<0.01%-374,86413F-HRTimelineGroup
TWO SIGMA SECURITIES, LLC207,111$605K0.07%new13F-HRTimeline
Ethic Inc.209,826$602K0.01%-68,35713F-HRTimeline
Hennion & Walsh Asset Management, Inc.181,001$529K0.02%+40513F-HRTimeline
Banco Santander, S.A.in group Banco Santander, S.A.171,347$500K<0.01%+61,70013F-HRTimelineGroupThe filing omitted confidential holdings, a later amendment may add them.
JANE STREET GROUP, LLCin group JANE STREET GROUP, LLC154,757$452K<0.01%-39,93213F-HRTimelineGroup
CAPITAL GROUP INVESTMENT MANAGEMENT PTE…in group CAPITAL GROUP INVESTMENT MANA…130,150$380K0.07%013F-HRTimelineGroup
QRG CAPITAL MANAGEMENT, INC.129,765$379K<0.01%+6,28913F-HRTimeline
LGT Group Foundationin group LGT Group Foundation124,590$364K<0.01%013F-HRTimelineGroup
Provida Pension Fund Administrator111,709$326K0.01%013F-HRTimeline
SUSQUEHANNA INTERNATIONAL GROUP, LLPin group SUSQUEHANNA INTERNATIONAL GRO…93,084$272K<0.01%+72,59513F-HRTimelineGroup
TRUIST FINANCIAL CORPin group TRUIST FINANCIAL CORP92,204$269K<0.01%+51913F-HRTimelineGroup
Integrated Wealth Concepts LLC91,646$268K<0.01%new13F-HRTimeline
RBF Capital, LLC90,000$263K0.01%013F-HRTimeline
Virtu Financial LLCin group Virtu Financial LLC89,486$261K0.01%new13F-HRTimelineGroup
Cambridge Investment Research Advisors,…88,943$260K<0.01%+3,73813F-HRTimeline
Stratos Wealth Partners, LTD.in group Stratos Wealth Partners, LTD.88,200$258K<0.01%013F-HRTimelineGroup
VPR Management LLC86,242$252K0.12%013F-HRTimeline
SEI INVESTMENTS COin group SEI INVESTMENTS CO85,928$251K<0.01%+57,11213F-HRTimelineGroup
Mirae Asset Global Investments Co., Ltd.group of 2 filers holding80,983$236K+8,158Timeline
Schonfeld Strategic Advisors LLC79,562$232K<0.01%-188,52413F-HRTimeline
Crossmark Global Holdings, Inc.74,784$218K<0.01%+5413F-HRTimeline
Daiwa Securities Group Inc.in group Daiwa Securities Group Inc.73,536$215K<0.01%013F-HRTimelineGroup
BSW Wealth Partners72,591$212K0.03%+3,19613F-HRTimeline
Creative Planningin group Creative Planning70,079$205K<0.01%+32,96113F-HRTimelineGroup
HRT FINANCIAL LP67,832$198K<0.01%-32,96013F-HRTimeline
Vident Advisory, LLCin group Vident Advisory, LLC67,616$197K<0.01%new13F-HRTimelineGroup
Robeco Institutional Asset Management B…in group Robeco Institutional Asset Ma…63,226$185K<0.01%-391,82713F-HRTimelineGroup
Sequoia Financial Advisors, LLC60,546$177K<0.01%+47,48513F-HRTimeline
Employees Retirement System of Texas59,991$175K<0.01%new13F-HRTimeline
WELLS FARGO & COMPANY/MNin group WELLS FARGO & COMPANY/MN51,697$151K<0.01%-3,84913F-HRTimelineGroup
RHUMBLINE ADVISERS47,247$138K<0.01%+60013F-HRTimeline
Inspire Investing, LLCgroup of 2 filers holding45,510$133K-52Timeline
QUADRANT CAPITAL GROUP LLC45,507$133K<0.01%+33,73913F-HRTimeline
Squarepoint Ops LLCin group Squarepoint Ops LLC40,238$117K<0.01%+19,53613F-HR/ATimelineGroup
SIMPLEX TRADING, LLC36,478$106K<0.01%-6,19013F-HRTimeline
MERCER GLOBAL ADVISORS INC /ADV35,566$104K<0.01%-5,58313F-HRTimeline
Fractal Investments LLC33,264$97.1K0.01%013F-HRTimeline
Advisors Asset Management, Inc.32,883$96K<0.01%-54,80713F-HR/ATimeline
Sowell Financial Services LLC32,377$94.5K<0.01%-1,38613F-HRTimeline
Pathstone Holdings, LLCin group Pathstone Holdings, LLC30,881$90.2K<0.01%+7,32813F-HRTimelineGroup
R Squared Ltd30,740$89.8K0.05%+7,81013F-HRTimeline
LPL Financial LLC30,584$89.3K<0.01%-19,97513F-HRTimeline
OSAIC HOLDINGS, INC.in group OSAIC HOLDINGS, INC.29,988$87.6K<0.01%+12,59613F-HR/ATimelineGroup
Mitsubishi UFJ Trust & Banking Corpin group Mitsubishi UFJ Trust & Bankin…28,855$84.3K<0.01%-3,95213F-HRTimelineGroup
JOHNSON INVESTMENT COUNSEL INC28,300$82.6K<0.01%013F-HRTimeline
West Family Investments, Inc.28,168$82.3K0.02%new13F-HRTimeline
Cerity Partners LLCin group Cerity Partners LLC27,922$81.5K<0.01%+69313F-HRTimelineGroup
PROFUND ADVISORS LLC27,676$80.8K<0.01%-5,32713F-HRTimeline
SG Americas Securities, LLC26,601$78K<0.01%+3,76513F-HRTimeline
Pekin Hardy Strauss, Inc.26,000$75.9K0.01%013F-HRTimeline
Aigen Investment Management, LP25,377$74.1K0.01%-85,05813F-HRTimeline
RAYMOND JAMES FINANCIAL INCin group RAYMOND JAMES FINANCIAL INC23,598$68.9K<0.01%+94413F-HRTimelineGroup
Abacus Wealth Partners, LLC22,823$66.6K0.01%-4,12613F-HRTimeline
CoreCommodity Management, LLC22,644$66.1K0.01%013F-HRTimeline
YOUSIF CAPITAL MANAGEMENT, LLC22,284$65.1K<0.01%013F-HRTimeline
MML INVESTORS SERVICES, LLC22,365$65K<0.01%-75713F-HRTimeline
Corient Private Wealth LPin group Corient Private Wealth LP21,360$62.4K<0.01%-4,54513F-HR/ATimelineGroup
Tradition Wealth Management, LLC20,000$58.4K<0.01%new13F-HRTimeline
Ballentine Partners, LLC17,715$51.7K<0.01%new13F-HRTimeline
Sivia Capital Partners, LLC17,418$50.9K0.02%new13F-HR/ATimeline
Sigma Planning Corp17,160$50.1K<0.01%+84913F-HRTimeline
Rehmann Capital Advisory Group16,479$48.1K<0.01%+4,15513F-HRTimeline
NATIONAL BANK OF CANADA /FI/in group NATIONAL BANK OF CANADA /FI/16,480$47.9K<0.01%+6213F-HR/ATimelineGroup
XTX Topco Ltdin group XTX Topco Ltd15,962$46.6K<0.01%new13F-HRTimelineGroup
SIGNATUREFD, LLC15,933$46.5K<0.01%+3,98813F-HRTimeline
MGO ONE SEVEN LLC15,469$45.2K<0.01%-1,55813F-HRTimeline
PNC Financial Services Group, Inc.in group PNC Financial Services Group,…15,068$44K<0.01%+2,47413F-HRTimelineGroup
FRANKLIN RESOURCES INCin group Franklin Resources14,709$43K<0.01%+32913F-HRTimelineGroup
KCM INVESTMENT ADVISORS LLC14,576$42.6K<0.01%013F-HRTimeline
XPONANCE LLC14,495$42.3K<0.01%+33513F-HRTimeline
Laird Norton Wetherby Wealth Management…14,345$41.9K<0.01%13F-HRTimeline
Sumitomo Mitsui Trust Group, Inc.in group Sumitomo Mitsui Trust Group, …13,862$40.5K<0.01%013F-HRTimelineGroup
Parallel Advisors, LLC13,410$39.2K<0.01%-3,73613F-HRTimeline
O'SHAUGHNESSY ASSET MANAGEMENT, LLC13,076$38.2K<0.01%+1,56013F-HRTimeline
Plan A Wealth LLC11,890$34.7K0.02%new13F-HRTimeline
Zhang Financial LLC11,695$34.1K<0.01%013F-HRTimeline
Private Advisor Group, LLC11,040$32.2K<0.01%+713F-HRTimeline
EverSource Wealth Advisors, LLCin group EverSource Wealth Advisors, L…10,687$31.2K<0.01%+5,21613F-HRTimelineGroup
HERITAGE INVESTORS MANAGEMENT CORP10,571$31K<0.01%013F-HRTimeline
Capstone Financial Advisors, Inc.10,000$29.2K<0.01%013F-HRTimeline
PARK AVENUE SECURITIES LLCin group PARK AVENUE SECURITIES LLC10,024$29K<0.01%new13F-HRTimelineGroup
ROYAL BANK OF CANADAin group ROYAL BANK OF CANADA8,329$25K<0.01%+7,35613F-HR/ATimelineGroup
US BANCORP \DE\in group US BANCORP \DE\8,240$24.1K<0.01%+1,27013F-HRTimelineGroup
Federation des caisses Desjardins du Qu…2,772$8.09K<0.01%+1,51213F-HRTimeline
North Star Investment Management Corp.2,520$7.36K<0.01%013F-HRTimeline
Blue Trust, Inc.2,014$5.88K<0.01%-1,60413F-HRTimeline
GAMMA Investing LLC1,434$4.19K<0.01%+1,05513F-HRTimeline
Tower Research Capital LLC (TRC)in group Tower Research Capital LLC (T…1,286$3.75K<0.01%-4,02613F-HRTimelineGroup
Allworth Financial LP1,073$3.13K<0.01%+1,07213F-HRTimeline
WealthCollab, LLC1,035$3.02K<0.01%new13F-HRTimeline
PRINCIPAL SECURITIES, INC.in group PRINCIPAL FINANCIAL GROUP INC651$1.9K<0.01%+48313F-HRTimelineGroup
Addison Advisors LLC630$1.84K<0.01%013F-HRTimeline
MAI Capital Management382$1.12K<0.01%new13F-HRTimeline
Bell Investment Advisors, Inc298$871<0.01%+18713F-HRTimeline
JONES FINANCIAL COMPANIES LLLPin group JONES FINANCIAL COMPANIES LLLP252$723<0.01%013F-HRTimelineGroup
JFS WEALTH ADVISORS, LLC111$325<0.01%-25613F-HRTimeline
ASSETMARK, INCin group ASSETMARK, INC86$251<0.01%new13F-HRTimelineGroup
True Wealth Design, LLC59$173<0.01%-2013F-HRTimeline
Brooklyn Investment Group54$158<0.01%new13F-HR/ATimeline
HUNTINGTON NATIONAL BANKin group HUNTINGTON NATIONAL BANK1$3<0.01%013F-HRTimelineGroup
DANSKE BANK A/S1$3<0.01%013F-HRTimeline
IFP Advisors, Inc0$1<0.01%new13F-HRTimelineAmount filed as zero, left out of ratios.
CWM, LLCin group CWM, LLC137$00%-9113F-HRTimelineGroupValue filed as zero, left out of ratios.
CONCOURSE FINANCIAL GROUP SECURITIES, I…0$0013F-HRTimelineValue filed as zero, left out of ratios. Amount filed as zero, left out of ratios.
Creekmur Asset Management LLC0$00%013F-HRTimelineValue filed as zero, left out of ratios. Amount filed as zero, left out of ratios.