GERDAU S.A. - SPON ADR REP PFD (GGB)

CUSIP: 373737105

Q3 2025 13F Holders as of 30 Sep 2025

Type / Class
Equity / SPON ADR REP PFD
Total 13F shares
327,515,932
Share change
+4,306,310
Total reported value
$1,015,509,490
Put/Call ratio
37%
Price per share
$3.10
Number of holders
176
Value change
+$13,870,739
Number of buys
99
Number of sells
66

Security key

373737105

Report period

Q3 2025

Institutions

176

Top holders

10

Top shareholders of GGB - GERDAU S.A. - SPON ADR REP PFD (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Ownership % is shown only when it is directly reported or safely comparable across share classes.

Methodology: rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.
Holder Source Role / Reporting Ownership % Shares Holdings Value 12M Net Δ As of Details
FMR LLC
13F
Company
class O/S missing
109,091,180
$318,546,247 30 Jun 2025
13F
Capital International Investors
13F
Company
class O/S missing
30,464,285
$88,955,712 30 Jun 2025
13F
CONTRARIAN CAPITAL MANAGEMENT, L.L.C.
13F
Company
class O/S missing
19,069,112
$55,681,807 30 Jun 2025
13F
CITADEL ADVISORS LLC
13F
Company
class O/S missing
13,141,606
$38,373,490 30 Jun 2025
13F
BANK OF AMERICA CORP /DE/
13F
Company
class O/S missing
12,984,389
$37,914,416 30 Jun 2025
13F
DIMENSIONAL FUND ADVISORS LP
13F
Company
class O/S missing
12,446,714
$36,331,269 30 Jun 2025
13F
RENAISSANCE TECHNOLOGIES LLC
13F
Company
class O/S missing
10,243,601
$29,911,315 30 Jun 2025
13F
TWO SIGMA INVESTMENTS, LP
13F
Company
class O/S missing
7,791,028
$22,749,802 30 Jun 2025
13F
BlackRock, Inc.
13F
Company
class O/S missing
7,020,741
$20,500,563 30 Jun 2025
13F
DONALD SMITH & CO., INC.
13F
Company
class O/S missing
5,972,460
$17,439,583 30 Jun 2025
13F
TWO SIGMA ADVISERS, LP
13F
Company
class O/S missing
5,667,060
$16,547,815 30 Jun 2025
13F
MORGAN STANLEY
13F
Company
class O/S missing
4,307,444
$12,577,739 30 Jun 2025
13F
Itau Unibanco Holding S.A.
13F
Company
class O/S missing
4,036,600
$11,786,872 30 Jun 2025
13F
AMERICAN CENTURY COMPANIES INC
13F
Company
class O/S missing
4,016,749
$11,728,907 30 Jun 2025
13F
Optiver Holding B.V.
13F
Company
class O/S missing
3,683,049
$10,754,503 30 Jun 2025
13F
MILLENNIUM MANAGEMENT LLC
13F
Company
class O/S missing
3,554,391
$10,378,822 30 Jun 2025
13F
GOLDMAN SACHS GROUP INC
13F
Company
class O/S missing
3,447,326
$10,066,192 30 Jun 2025
13F
STATE STREET CORP
13F
Company
class O/S missing
3,240,617
$9,462,602 30 Jun 2025
13F
VANGUARD GROUP INC
13F
Company
class O/S missing
3,171,710
$9,261,393 30 Jun 2025
13F
FIL Ltd
13F
Company
class O/S missing
2,892,664
$8,446,579 30 Jun 2025
13F
SPX Gestao de Recursos Ltda
13F
Company
class O/S missing
2,869,104
$8,377,784 30 Jun 2025
13F
CAUSEWAY CAPITAL MANAGEMENT LLC
13F
Company
class O/S missing
2,670,178
$7,796,920 30 Jun 2025
13F
D. E. Shaw & Co., Inc.
13F
Company
class O/S missing
2,426,242
$7,084,627 30 Jun 2025
13F
Kawa Capital Management, Inc
13F
Company
class O/S missing
2,094,404
$6,115,660 30 Jun 2025
13F
UBS Group AG
13F
Company
class O/S missing
2,073,033
$6,053,256 30 Jun 2025
13F
Cubist Systematic Strategies, LLC
13F
Company
class O/S missing
1,948,705
$5,690,219 30 Jun 2025
13F
MACKENZIE FINANCIAL CORP
13F
Company
class O/S missing
1,544,372
$4,509,566 30 Jun 2025
13F
Amundi
13F
Individual
class O/S missing
1,126,161
$3,434,791 30 Jun 2025
13F
VAN ECK ASSOCIATES CORP
13F
Company
class O/S missing
1,030,576
$3,009,000 30 Jun 2025
13F
AXA S.A.
13F
Company
class O/S missing
1,024,392
$2,991,225 30 Jun 2025
13F
NORTHERN TRUST CORP
13F
Company
class O/S missing
900,494
$2,629,442 30 Jun 2025
13F
Connor, Clark & Lunn Investment Management Ltd.
13F
Company
class O/S missing
884,022
$2,581,344 30 Jun 2025
13F
ACADIAN ASSET MANAGEMENT LLC
13F
Company
class O/S missing
867,667
$2,530,000 30 Jun 2025
13F
Capital International Sarl
13F
Company
class O/S missing
845,688
$2,469,409 30 Jun 2025
13F
Legal & General Group Plc
13F
Company
class O/S missing
840,628
$2,450,431 30 Jun 2025
13F
HSBC HOLDINGS PLC
13F
Company
class O/S missing
805,801
$2,352,942 30 Jun 2025
13F
MARSHALL WACE, LLP
13F
Company
class O/S missing
739,473
$2,159,260 30 Jun 2025
13F
Grantham, Mayo, Van Otterloo & Co. LLC
13F
Company
class O/S missing
702,020
$2,049,900 30 Jun 2025
13F
Capital International, Inc./CA/
13F
Company
class O/S missing
644,644
$1,882,360 30 Jun 2025
13F
BNP PARIBAS FINANCIAL MARKETS
13F
Company
class O/S missing
643,374
$1,878,652 30 Jun 2025
13F
CITIGROUP INC
13F
Company
class O/S missing
599,566
$1,750,733 30 Jun 2025
13F
MASSACHUSETTS FINANCIAL SERVICES CO /MA/
13F
Company
class O/S missing
587,602
$1,715,798 30 Jun 2025
13F
CAPITAL INTERNATIONAL LTD /CA/
13F
Company
class O/S missing
586,778
$1,713,392 30 Jun 2025
13F
AIA Group Ltd
13F
Company
class O/S missing
452,237
$1,320,532 30 Jun 2025
13F
Virtus Family Office LLC
13F
Company
class O/S missing
451,158
$1,317,381 30 Jun 2025
13F
JPMORGAN CHASE & CO
13F
Company
class O/S missing
423,367
$1,236,232 30 Jun 2025
13F
Quantbot Technologies LP
13F
Company
class O/S missing
422,861
$1,234,754 30 Jun 2025
13F
Fisher Asset Management, LLC
13F
Company
class O/S missing
404,981
$1,182,544 30 Jun 2025
13F
GUGGENHEIM CAPITAL LLC
13F
Company
class O/S missing
371,567
$1,084,976 30 Jun 2025
13F
Russell Investments Group, Ltd.
13F
Company
class O/S missing
361,910
$1,056,777 30 Jun 2025
13F

Institutional Holders of GERDAU S.A. - SPON ADR REP PFD (GGB) as of Q3 2025

As of 30 Sep 2025, GERDAU S.A. - SPON ADR REP PFD (GGB) was held by 176 institutional shareholders that filed Form 13F with the SEC. Together, they reported ownership of 327,515,932 shares. The largest 10 holders included FMR LLC, Capital International Investors, CONTRARIAN CAPITAL MANAGEMENT, L.L.C., Aquamarine Financial (Cayman) Ltd, DONALD SMITH & CO., INC., BANK OF AMERICA CORP /DE/, DIMENSIONAL FUND ADVISORS LP, RENAISSANCE TECHNOLOGIES LLC, Itau Unibanco Holding S.A., and TWO SIGMA INVESTMENTS, LP. This page lists 176 institutional shareholders reporting positions in this security for the Q3 2025 filing period.
Investor Option Weight % Change % Value $ * Price Shares Share Change Activity Report Period

Compare Q3 2025 vs Q2 2025 Across Filers

Q2 2025 holders
165
Q3 2025 holders
176
Holder diff
11
Investor Q2 2025 Shares Q3 2025 Shares Share Diff Share Chg % Q2 2025 Value $ Q3 2025 Value $ Value Diff $ Value Chg %

Trend: ostatnie 8 kwartałów (+ wybrane okresy porównania).

Quarterly Holders Trend
Quarterly Value Trend
Quarterly Shares Trend
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.
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