Skip to content
Disclosery

GGB GERDAU SA

Follow

ADR (ADR), issuer CIK 1073404

188 managers (195 13F filers) reported a position in GGB shares at 2026-03-31, 306,353,057 shares in all. 33 filers opened a position and 21 filers sold out during the quarter.

Managers
188
13F filers
195
New
33
Added
75
Reduced
47
Sold out
21
Shares held by filers
306,353,057

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, Q1 2026

Filers in the available 13F reports with a share position at 2026-03-31, 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
Capital World Investors27,530,306$99.4M0.01%new13F-HRTimeline
TWO SIGMA INVESTMENTS, LPin group TWO SIGMA INVESTMENTS, LP25,839,720$93.3M0.08%+22,088,65313F-HRTimelineGroup
DONALD SMITH & CO., INC.in group DONALD SMITH & CO., INC.24,140,583$87.1M1.57%-71,00513F-HRTimelineGroup
CONTRARIAN CAPITAL MANAGEMENT, L.L.C.in group CONTRARIAN CAPITAL MANAGEMENT…19,069,112$68.8M19.3%013F-HRTimelineGroup
Aquamarine Financial (Cayman) Ltd16,726,171$60.4M4.42%-2,800,00013F-HRTimeline
BANK OF AMERICA CORP /DE/in group BANK OF AMERICA CORP /DE/13,222,623$47.7M<0.01%+13,107,58013F-HRTimelineGroup
ACADIAN ASSET MANAGEMENT LLCin group ACADIAN ASSET MANAGEMENT LLC13,040,903$47.1M0.07%+12,442,81613F-HRTimelineGroup
DIMENSIONAL FUND ADVISORS LPin group DIMENSIONAL FUND ADVISORS LP11,875,631$42.8M0.01%-184,31113F-HRTimelineGroup
GOLDMAN SACHS GROUP INCin group GOLDMAN SACHS GROUP INC10,994,119$39.7M0.01%+8,368,07813F-HRTimelineGroup
RENAISSANCE TECHNOLOGIES LLC10,936,524$39.5M0.06%+4,725,20013F-HRTimeline
BlackRock, Inc.in group BlackRock, Inc.10,852,883$39.2M<0.01%+3,785,35513F-HRTimelineGroup
D. E. Shaw & Co., Inc.in group D. E. Shaw & Co., Inc.8,717,288$31.5M0.02%+7,101,84213F-HRTimelineGroup
JANE STREET GROUP, LLCin group JANE STREET GROUP, LLC7,936,256$28.6M0.03%+6,684,83313F-HRTimelineGroup
MACKENZIE FINANCIAL CORP7,777,577$28.1M0.03%+3,660,32413F-HRTimeline
MORGAN STANLEYin group MORGAN STANLEY7,500,835$27.1M<0.01%+1,698,25013F-HRTimelineGroup
CAUSEWAY CAPITAL MANAGEMENT LLC6,841,155$24.7M0.3%-418,27813F-HRTimeline
AMERICAN CENTURY COMPANIES INCin group AMERICAN CENTURY COMPANIES INC6,649,776$24M0.01%+1,225,68313F-HRTimelineGroup
Itau Unibanco Holding S.A.in group Itau Unibanco Holding S.A.6,208,632$22.2M0.53%-2,536,10013F-HR/ATimelineGroup
MASSACHUSETTS FINANCIAL SERVICES CO /MA/in group MASSACHUSETTS FINANCIAL SERVI…5,213,285$18.9M0.01%+3,886,21913F-HRTimelineGroup
SPX Gestao de Recursos Ltdain group SPX Gestao de Recursos Ltda4,254,223$15.4M1.28%-640,27313F-HRTimelineGroup
Qube Research & Technologies Ltd4,073,701$14.7M0.02%new13F-HRTimeline
UBS Group AGgroup of 2 filers holding4,042,505$14.6M+874,086Timeline
STATE STREET CORPin group STATE STREET CORP3,700,299$13.4M<0.01%+169,27113F-HRTimelineGroup
Engineers Gate Manager LP3,120,182$11.3M0.14%+3,072,30313F-HRTimeline
MILLENNIUM MANAGEMENT LLCin group MILLENNIUM MANAGEMENT LLC2,772,077$10M0.01%-733,07313F-HRTimelineGroup
FIL Ltdin group FIL Ltd2,691,023$9.71M0.01%+146,62913F-HRTimelineGroup
Kapitalo Investimentos Ltda2,664,158$9.62M1.81%new13F-HRTimeline
Russell Investments Group, Ltd.in group Russell Investments Group, Lt…2,688,791$9.3M0.01%+1,819,09213F-HRTimelineGroup
VANGUARD GROUP INCgroup of 3 filers holding2,433,070$8.78M+2,384,791Timeline
BNP PARIBAS ASSET MANAGEMENT Holding S.…in group BNP PARIBAS ASSET MANAGEMENT …2,087,069$7.53M0.01%+1,062,67713F-HRTimelineGroup
Capital International Investorsgroup of 4 filers holding1,693,225$6.11M-27,395,307Timeline
Grantham, Mayo, Van Otterloo & Co. LLC1,574,740$5.68M0.01%+988,54913F-HRTimeline
Man Group plcin group Man Group plc1,509,767$5.45M0.01%new13F-HRTimelineGroup
Amundiin group Amundi1,421,830$5.13M<0.01%+62,60713F-HRTimelineGroup
Aquatic Capital Management LLC1,389,143$5.01M0.14%+360,24113F-HRTimeline
Optiver Holding B.V.in group Optiver Holding B.V.1,166,148$4.21M0.16%-1,364,77513F-HR/ATimelineGroup
AQR CAPITAL MANAGEMENT LLCin group AQR CAPITAL MANAGEMENT LLC1,100,479$3.97M<0.01%+827,75613F-HRTimelineGroup
NEW YORK STATE COMMON RETIREMENT FUND1,094,584$3.95M0.01%new13F-HRTimeline
SEI INVESTMENTS COin group SEI INVESTMENTS CO1,078,917$3.89M<0.01%+796,72413F-HRTimelineGroup
NORTHERN TRUST CORPin group NORTHERN TRUST CORP1,013,571$3.66M<0.01%-3,43613F-HRTimelineGroup
CITIGROUP INCin group CITIGROUP INC925,411$3.34M<0.01%+819,74013F-HRTimelineGroup
Point72 Asset Management, L.P.in group Point72 Asset Management, L.P.880,433$3.18M0.01%-1,191,96213F-HRTimelineGroup
HSBC HOLDINGS PLCin group HSBC HOLDINGS PLC857,336$3.1M<0.01%+34,56413F-HRTimelineGroup
Legal & General Group Plcin group Legal & General Group Plc840,628$3.04M<0.01%013F-HRTimelineGroup
Banque Cantonale Vaudoisein group Banque Cantonale Vaudoise800,000$2.89M0.11%013F-HRTimelineGroup
BTG Pactual Asset Management US LLCin group BTG Pactual Asset Management …765,924$2.76M0.27%new13F-HRTimelineGroup
VAN ECK ASSOCIATES CORPin group VAN ECK ASSOCIATES CORP700,610$2.53M<0.01%-132,93513F-HRTimelineGroup
DEUTSCHE BANK AG\in group DEUTSCHE BANK AG\699,285$2.52M<0.01%new13F-HRTimelineGroup
Creative Planningin group Creative Planning605,923$2.19M<0.01%+342,81213F-HRTimelineGroup
MARSHALL WACE, LLPin group MARSHALL WACE, LLP586,600$2.12M<0.01%-1,295,85013F-HRTimelineGroup
Jump Financial, LLCin group Jump Financial, LLC567,779$2.05M0.03%-1,437,56413F-HRTimelineGroup
Navi International - Administradora e G…550,000$1.99M0.89%013F-HRTimeline
Invesco Ltd.in group Invesco Ltd.505,291$1.82M<0.01%+218,98913F-HRTimelineGroup
Quantbot Technologies LP466,744$1.68M0.07%+197,19013F-HRTimeline
GUGGENHEIM CAPITAL LLCin group GUGGENHEIM CAPITAL LLC437,141$1.58M0.01%+30,49713F-HRTimelineGroup
GSA CAPITAL PARTNERS LLP381,090$1.38M0.09%+240,45013F-HRTimeline
HRT FINANCIAL LP367,720$1.33M<0.01%new13F-HRTimeline
CI INVESTMENTS INC.in group CI INVESTMENTS INC.341,274$1.23M0.01%+23,83113F-HRTimelineGroup
Fisher Asset Management, LLC326,059$1.18M<0.01%-80,12213F-HRTimeline
Squarepoint Ops LLCin group Squarepoint Ops LLC317,274$1.15M<0.01%+211,46113F-HRTimelineGroup
COMMONWEALTH EQUITY SERVICES, LLC283,862$1.02M<0.01%-1,39713F-HRTimeline
NEUBERGER BERMAN GROUP LLCin group NEUBERGER BERMAN GROUP LLC241,214$871K<0.01%+48,31513F-HRTimelineGroup
Ethic Inc.238,924$863K0.01%-58,30413F-HRTimeline
JPMORGAN CHASE & COin group JPMORGAN CHASE & CO243,541$843K<0.01%+58,23513F-HR/ATimelineGroup
Centiva Capital, LP215,253$777K0.04%new13F-HRTimeline
Hartree Partners, LP210,000$758K0.16%013F-HRTimeline
STRS OHIO191,830$693K<0.01%-29,20913F-HRTimeline
BNP PARIBAS FINANCIAL MARKETSin group BNP PARIBAS FINANCIAL MARKETS181,258$654K<0.01%+105,50713F-HRTimelineGroup
Schonfeld Strategic Advisors LLC180,395$651K0.01%-365,56813F-HRTimeline
Tidal Investments LLCin group Tidal Investments LLC173,596$627K<0.01%+23,04413F-HRTimelineGroup
Vident Advisory, LLCin group Vident Advisory, LLC158,508$572K<0.01%+24,65713F-HRTimelineGroup
Daiwa Securities Group Inc.in group Daiwa Securities Group Inc.138,536$500K<0.01%+41,00013F-HRTimelineGroup
Robeco Institutional Asset Management B…in group Robeco Institutional Asset Ma…135,374$489K<0.01%+54,77913F-HRTimelineGroup
LARCH CAPITAL PARTNERS LLC134,136$484K0.07%new13F-HRTimeline
Integrated Wealth Concepts LLC120,682$436K<0.01%+16,26713F-HRTimeline
CAPITAL GROUP INVESTMENT MANAGEMENT PTE…in group CAPITAL GROUP INVESTMENT MANA…117,331$424K0.07%013F-HRTimelineGroup
DIVERSIFIED TRUST CO105,249$380K0.01%new13F-HRTimeline
TRUIST FINANCIAL CORPin group TRUIST FINANCIAL CORP103,448$373K<0.01%+29513F-HRTimelineGroup
CITADEL ADVISORS LLCin group CITADEL ADVISORS LLC99,581$359K<0.01%-5,968,31913F-HRTimelineGroup
Virtus Family Office LLC96,239$347K0.3%-478,63113F-HRTimeline
Stratos Wealth Partners, LTD.in group Stratos Wealth Partners, LTD.88,200$318K<0.01%013F-HRTimelineGroup
VPR Management LLC86,242$311K0.12%013F-HRTimeline
Sequoia Financial Advisors, LLC76,494$276K<0.01%+4,15113F-HRTimeline
CAXTON ASSOCIATES LLP75,300$272K0.01%new13F-HRTimeline
SUSQUEHANNA INTERNATIONAL GROUP, LLPin group SUSQUEHANNA INTERNATIONAL GRO…75,295$272K<0.01%-223,01413F-HRTimelineGroup
Connor, Clark & Lunn Investment Managem…74,784$270K<0.01%-644,42313F-HRTimeline
XPONANCE LLC74,669$270K<0.01%+54,09913F-HRTimeline
XTX Topco Ltdin group XTX Topco Ltd74,163$268K<0.01%-514,45613F-HRTimelineGroup
Crossmark Global Holdings, Inc.71,799$259K<0.01%-2,98513F-HRTimeline
AXQ CAPITAL, LP68,830$248K0.03%new13F-HRTimeline
Magnetar Financial LLCin group Magnetar Financial LLC59,890$216K<0.01%+25,77613F-HRTimelineGroup
PROFUND ADVISORS LLC58,487$211K0.01%+24,85213F-HRTimeline
LGT Group Foundationin group LGT Group Foundation58,160$210K<0.01%013F-HRTimelineGroup
BSW Wealth Partners54,163$196K0.02%+46613F-HRTimeline
QUADRANT CAPITAL GROUP LLC50,194$181K0.01%+3,30013F-HR/ATimeline
CoreCommodity Management, LLC48,408$175K0.03%013F-HRTimeline
Bridgewater Associates, LP48,174$174K<0.01%new13F-HRTimeline
Cambridge Investment Research Advisors,…45,814$165K<0.01%+7,09713F-HRTimeline
RHUMBLINE ADVISERS41,175$149K<0.01%-46413F-HRTimeline
Pathstone Holdings, LLCin group Pathstone Holdings, LLC40,446$146K<0.01%-95513F-HRTimelineGroup
MONEY CONCEPTS CAPITAL CORP38,430$139K0.01%013F-HRTimeline
Cerity Partners LLCin group Cerity Partners LLC38,283$138K<0.01%+2,29313F-HRTimelineGroup
Inspire Investing, LLCgroup of 2 filers holding36,250$131K-8,999Timeline
Sowell Financial Services LLC33,377$120K<0.01%013F-HRTimeline
Fractal Investments LLC33,264$120K0.01%013F-HRTimeline
Ballentine Partners, LLC33,163$120K<0.01%+6,58513F-HRTimeline
State of Wyoming32,986$119K0.01%+8,75813F-HRTimeline
Caitong International Asset Management …31,674$114K0.02%+23,18413F-HRTimeline
Aigen Investment Management, LP30,345$110K0.03%+11,04113F-HRTimeline
SG Americas Securities, LLC30,300$109K<0.01%new13F-HRTimeline
QRG CAPITAL MANAGEMENT, INC.30,100$109K<0.01%+3,19613F-HRTimeline
PNC Financial Services Group, Inc.in group PNC Financial Services Group,…29,101$105K<0.01%-2,11813F-HRTimelineGroup
Mitsubishi UFJ Trust & Banking Corpin group Mitsubishi UFJ Trust & Bankin…28,991$105K<0.01%+2,53613F-HRTimelineGroup
R Squared Ltd28,939$104K0.06%new13F-HRTimeline
JOHNSON INVESTMENT COUNSEL INC28,300$102K<0.01%013F-HRTimeline
Pavaki Capital Management LLC25,200$91K0.06%013F-HRTimeline
RAYMOND JAMES FINANCIAL INCin group RAYMOND JAMES FINANCIAL INC23,201$83.8K<0.01%+95713F-HRTimelineGroup
YOUSIF CAPITAL MANAGEMENT, LLC22,284$80.4K<0.01%013F-HRTimeline
WELLS FARGO & COMPANY/MNin group WELLS FARGO & COMPANY/MN20,852$75.3K<0.01%-1,88113F-HR/ATimelineGroup
UNITED CAPITAL FINANCIAL ADVISORS, LLCin group UNITED CAPITAL FINANCIAL ADVI…20,084$72.5K<0.01%+8,29213F-HRTimelineGroup
Corient Private Wealth LPin group Corient Private Wealth LP19,561$70.6K<0.01%-8,83313F-HRTimelineGroup
Mariner, LLCin group Mariner, LLC18,909$68.1K<0.01%new13F-HRTimelineGroup
FLOW TRADERS U.S. LLC17,048$62K<0.01%-48,00813F-HRTimeline
Plan A Wealth LLC16,410$59.2K0.03%-1,53413F-HRTimeline
NATIONAL BANK OF CANADA /FI/in group NATIONAL BANK OF CANADA /FI/16,385$59.1K<0.01%-74613F-HRTimelineGroup
MGO ONE SEVEN LLC16,238$58.6K<0.01%+4,70613F-HRTimeline
SIGNATUREFD, LLC16,220$58.6K<0.01%-48113F-HRTimeline
O'SHAUGHNESSY ASSET MANAGEMENT, LLC16,026$57.9K<0.01%+1,61113F-HRTimeline
Parallel Advisors, LLC15,032$54.3K<0.01%+67713F-HR/ATimeline
Argos Wealth Advisors, LLC14,757$53.3K0.02%013F-HRTimeline
Sivia Capital Partners, LLC14,731$53.2K0.01%-81813F-HRTimeline
FRANKLIN RESOURCES INCin group Franklin Resources14,682$53K<0.01%+1613F-HRTimelineGroup
KCM INVESTMENT ADVISORS LLC14,576$52.6K<0.01%013F-HRTimeline
J. Safra Sarasin Holding AGin group J. Safra Sarasin Holding AG14,285$51.6K<0.01%new13F-HRTimelineGroup
Sigma Planning Corp13,426$48.5K<0.01%-3,89913F-HRTimeline
EverSource Wealth Advisors, LLCin group EverSource Wealth Advisors, L…13,243$47.8K<0.01%+4,84213F-HR/ATimelineGroup
Bank of New York Mellon Corpin group Bank of New York Mellon Corp12,608$45.5K<0.01%new13F-HRTimelineGroup
Allspring Global Investments Holdings, …in group Allspring Global Investments …12,030$44.9K<0.01%new13F-HRTimelineGroup
LPL Financial LLC12,413$44.8K<0.01%new13F-HRTimeline
COLDSTREAM CAPITAL MANAGEMENT INC12,387$44.7K<0.01%+41713F-HRTimeline
MML INVESTORS SERVICES, LLC12,100$43.7K<0.01%-27413F-HRTimeline
SmartHarvest Portfolios, LLC11,996$43.3K0.02%new13F-HRTimeline
Zhang Financial LLC11,695$42.2K<0.01%013F-HRTimeline
Mirae Asset Global Investments Co., Ltd.group of 2 filers holding11,319$40.9K-70,202Timeline
Brooklyn Investment Group11,170$40.3K<0.01%new13F-HRTimeline
NOMURA ASSET MANAGEMENT CO LTDgroup of 2 filers holding11,062$40KnewTimeline
Scientech Research LLC11,075$40K0.03%new13F-HRTimeline
Private Advisor Group, LLC11,065$39.9K<0.01%+513F-HRTimeline
IEQ CAPITAL, LLC11,041$39.9K<0.01%-7513F-HRTimeline
FMR LLCin group FMR LLC10,956$39.6K<0.01%-98,640,84913F-HRTimelineGroup
MERCER GLOBAL ADVISORS INC /ADV10,928$39.5K<0.01%-96213F-HRTimeline
US BANCORP \DE\in group US BANCORP \DE\10,356$37.4K<0.01%+95513F-HRTimelineGroup
SCHRODER INVESTMENT MANAGEMENT GROUP10,582$36.6K<0.01%new13F-HRTimeline
Jefferies Financial Group Inc.in group Jefferies Financial Group Inc.10,091$36.4K<0.01%new13F-HRTimelineGroup
SIMPLEX TRADING, LLC9,302$33.6K<0.01%+8,04813F-HRTimeline
Pinnacle Wealth Planning Services, Inc.9,232$33.3K<0.01%013F-HRTimeline
Basecamp Wealth Advisors LLC7,870$28.4K0.01%013F-HRTimeline
GROUP ONE TRADING LLC7,584$27.4K<0.01%-3,80613F-HRTimeline
ROYAL BANK OF CANADAin group ROYAL BANK OF CANADA6,599$24K<0.01%-9213F-HRTimelineGroup
Rockefeller Capital Management L.P.in group Rockefeller Capital Managemen…6,007$21.7K<0.01%+4,82213F-HRTimelineGroup
Tower Research Capital LLC (TRC)in group Tower Research Capital LLC (T…4,374$15.8K<0.01%+3,32013F-HRTimelineGroup
GAMMA Investing LLC2,932$10.6K<0.01%+24713F-HRTimeline
Eurizon Capital SGR S.p.A.2,893$10.4K<0.01%013F-HRTimeline
North Star Investment Management Corp.2,650$9.57K<0.01%+13013F-HRTimeline
HANTZ FINANCIAL SERVICES, INC.2,115$8K<0.01%+1,85413F-HRTimelineThe filing omitted confidential holdings, a later amendment may add them.
Ritter Daniher Financial Advisory LLC /…2,135$7.71K<0.01%013F-HRTimeline
Farther Finance Advisors, LLC1,511$5.73K<0.01%+10713F-HRTimeline
Allworth Financial LP1,467$5.3K<0.01%-14913F-HRTimeline
ASSETMARK, INCin group ASSETMARK, INC1,084$3.91K<0.01%+16413F-HRTimelineGroup
WealthCollab, LLC1,035$3.74K<0.01%013F-HRTimeline
BROWN BROTHERS HARRIMAN & COin group BROWN BROTHERS HARRIMAN & CO818$2.95K<0.01%013F-HRTimelineGroup
Federation des caisses Desjardins du Qu…756$2.73K<0.01%013F-HRTimeline
NORTHWESTERN MUTUAL WEALTH MANAGEMENT COin group NORTHWESTERN MUTUAL INVESTMEN…553$2K<0.01%new13F-HRTimelineGroup
Ramirez Asset Management, Inc.543$1.96K<0.01%013F-HRTimeline
Ancora Advisors LLCin group Ancora Advisors LLC346$1.25K<0.01%+28113F-HRTimelineGroup
Blue Trust, Inc.302$1.09K<0.01%-1,52613F-HRTimeline
OSAIC HOLDINGS, INC.in group OSAIC HOLDINGS, INC.300$1.08K<0.01%new13F-HRTimelineGroup
JFS WEALTH ADVISORS, LLC273$986<0.01%013F-HRTimeline
Strategic Wealth Partners, Ltd.252$910<0.01%013F-HRTimeline
Addison Advisors LLC250$903<0.01%013F-HRTimeline
CWM, LLCin group CWM, LLC237$856<0.01%013F-HRTimelineGroup
Bell Investment Advisors, Inc187$676<0.01%013F-HRTimeline
Cornerstone Financial Management LLC121$437<0.01%new13F-HR/ATimeline
True Wealth Design, LLC80$289<0.01%013F-HRTimeline
JONES FINANCIAL COMPANIES LLLPin group JONES FINANCIAL COMPANIES LLLP65$222<0.01%new13F-HRTimelineGroup
Root Financial Partners, LLC30$108<0.01%new13F-HRTimeline
HUNTINGTON NATIONAL BANKin group HUNTINGTON NATIONAL BANK1$4<0.01%013F-HRTimelineGroup
DANSKE BANK A/S1$4<0.01%013F-HRTimeline