GGB
Gerdau S.A. · Basic Materials · Steel
Momentum inputs (comparable managers): holder breadth 0.0% · share flow -19.5% · net new positions 0.0% · formula
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q3 2026 | 4 | +1 | 35.57M | $167.88M | +1 | n/a |
| Q2 2026 | 84 | +1 | 223.40M | $903.33M | +8 | −7 |
| Q1 2026 | 84 | +13 | 198.19M | $715.04M | +16 | −3 |
| Q4 2025 | 70 | 0 | 216.62M | $799.46M | n/a | n/a |
| Q3 2025 | 16 | 0 | 139.76M | $433.27M | n/a | n/a |
| Q2 2025 | 13 | 0 | 161.28M | $470.94M | n/a | n/a |
| Q1 2025 | 10 | 0 | 38.42M | $109.11M | n/a | n/a |
| Q4 2024 | 10 | 0 | 35.14M | $101.21M | n/a | n/a |
| Q3 2024 | 9 | 0 | 21.46M | $75.13M | +2 | −2 |
| Q2 2024 | 9 | n/a | 23.70M | $78.21M | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Fidelity (FMR) ✦ | 85.30M | -21.8% | $264.42M | 0.0% | ▼ Trim | 2 | SEC ↗ ×4 |
| 2 | Renaissance Technologies ✦ | 10.86M | +6.0% | $33.66M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 3 | Two Sigma Investments ✦ | 7.49M | -3.9% | $23.22M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 4 | BlackRock ✦ (passive) | 7.00M | -0.2% | $21.71M | 0.0% | ▼ Trim | 2 | SEC ↗ ×4 |
| 5 | Morgan Stanley ✦ | 6.69M | n/a | $20.73M | 0.0% | n/c | 1 | SEC ↗ ×8 |
| 6 | Goldman Sachs Group ✦ | 5.21M | n/a | $16.16M | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 7 | State Street Global Advisors ✦ (passive) | 3.34M | +3.1% | $10.36M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 8 | The Vanguard Group ✦ (passive) | 3.26M | +2.6% | $10.09M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 9 | D. E. Shaw & Co. ✦ | 3.17M | +30.5% | $9.82M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 10 | Millennium Management ✦ | 2.03M | -42.9% | $6.29M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 11 | Citadel Advisors ✦ | 2.01M | -84.7% | $6.22M | 0.0% | ▼ Trim | 5 | SEC ↗ ×2 |
| 12 | Marshall Wace ✦ | 1.95M | +164.0% | $6.05M | 0.0% | ▲ Add | 6 | SEC ↗ ×3 |
| 13 | JPMorgan Chase ✦ | 477.27K | n/a | $1.48M | 0.0% | n/c | 1 | SEC ↗ ×6 |
| 14 | Fisher Asset Management ✦ | 404.98K | 0.0% | $1.26M | 0.0% | Held | 6 | SEC ↗ |
| 15 | Point72 Asset Management ✦ | 378.60K | +52.3% | $1.17M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 16 | AQR Capital Management ✦ | 200.21K | -3.8% | $620,660 | 0.0% | ▼ Trim | 6 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 192 holders, 308.60M shares, $1.06B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold: shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Other · 85.61K sh · $422,899
Other · 51.80K sh · $263,662
Other · 99.20K sh · $490,048
Other · 10.00K sh · $51,000
Other · 10.39K sh · $53,078
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology