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Gerdau S.A. · 13F filings

GGB Institutional Ownership

Holdings as of Jun 30, 2026From SEC Form 13FUpdated

Who owns Gerdau S.A. and what the big funds did with it last quarter, from every SEC 13F filing. 212 funds reported holding GGB at Jun 30, 2026.

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Fund sentiment
Strongly bullish
Strongly bearishNeutralStrongly bullish
  • ▲118 buying vs 79 selling
  • ▲Shares held by funds +19.4%
  • ▲Funds holding +18
  • ▲Superinvestors: 4 added, 1 cut
  • ●Put/call not meaningful

What the filings show, not a forecast. Positions can be up to 45 days old and leave out short sales.

Funds holding212+18 vs Q1 2026
Held by funds–of shares outstanding
Value held$1.5B366M shares
Put/call ratio–market makers left out

Funds holding and ownership

8 quarters
Q3 2024: 187 fundsQ3 '24Q4 2024: 187 fundsQ4 '24Q1 2025: 182 fundsQ1 '25Q2 2025: 166 fundsQ2 '25Q3 2025: 176 fundsQ3 '25Q4 2025: 182 fundsQ4 '25Q1 2026: 194 fundsQ1 '26Q2 2026: 212 fundsQ2 '26
Funds holding

Quarter over quarter

all 13F filers
Q2 2026This quarterQ1 2026Change
Funds holding212194+9.3%
In funds' top 1043+33.3%
13F shares366M306M+19.4%
Held by funds–––
New positions4532+40.6%
Increased73730.0%
Reduced5248+8.3%
Sold out2721+28.6%
Calls (shares)00–
Puts (shares)00–
Put/call ratio–––

Buyers vs sellers

adding or new vs cutting or sold out
Q4 2024: 79 buyingQ4 2024: 95 sellingQ4 '24Q1 2025: 69 buyingQ1 2025: 98 sellingQ1 '25Q2 2025: 81 buyingQ2 2025: 83 sellingQ2 '25Q3 2025: 98 buyingQ3 2025: 65 sellingQ3 '25Q4 2025: 86 buyingQ4 2025: 80 sellingQ4 '25Q1 2026: 105 buyingQ1 2026: 69 sellingQ1 '26Q2 2026: 118 buyingQ2 2026: 79 sellingQ2 '26
Buying 118Selling 79latest quarter

Superinvestors in GGB

All superinvestors →

Who owns GGB

share of fund held shares
  • Index and passive funds10.4%
  • Active managers and hedge funds76.6%
  • Banks and brokers12.0%
  • Pensions, insurers and other1.0%

The top 10 holders own 58.6% of all GGB shares that funds reported. Groups are our own grouping of filers by name.

Put/call ratio

funds' options, market makers left out
1.00Q1 2025: 0.00Q1 '25Q2 2025: 0.00Q2 '25Q3 2025: 0.00Q3 '250.00

Above 1 means funds hold more puts than calls, a sign of hedging or bets on a fall. Options are valued at the underlying shares.

Filed so far for Q3 2026

46 funds changed their position

🔒 Free account: see all 20.

Top holders

Q2 2026
#FundOf companySharesValueChange
1Acadian Asset Management LLC–48.7M$197M+35.6M
2Capital World Investors–26.9M$109M−628K
3UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME–25.7M$104M+23.9M
4Contrarian Capital Management, L.l.c.–19.1M$77M0
5BlackRock, Inc.–18.2M$73.6M+7.4M
6Donald Smith & Co., Inc.–17.5M$70.7M−6.6M
7Aquamarine Financial (Cayman) Ltd–16.7M$67.6M0
8Two Sigma Investments, LP–15.4M$62.1M−10.5M
9Mackenzie Financial Corp–14.6M$59.1M+6.9M
10Dimensional Fund Advisors LP–11.4M$46.1M−482K
🔒 15 more top holders. Create a free account or sign in to see them.
Biggest buyers
Biggest sellers

GGB institutional ownership FAQ

Who owns the most GGB stock?

In Q2 2026 13F filings the largest holder of GGB was Acadian Asset Management LLC, followed by Capital World Investors and UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME. Index fund managers are usually the biggest holders of large companies.

What percentage of GGB is owned by institutions?

212 funds reported holding 366M GGB shares at Jun 30, 2026.

Are hedge funds buying GGB?

In Q2 2026, 118 funds bought GGB (45 of them new positions) and 79 sold (27 sold out completely). Among well known investors, 4 added and 1 cut. Our fund sentiment for GGB is strongly bullish.

What is GGB's institutional put/call ratio?

Too few option positions were reported for a meaningful ratio.

How current is this GGB ownership data?

13F filings show holdings at the end of each quarter and are due within 45 days, so positions can be up to six weeks old when they appear. We add each new filing within minutes, and the "filed so far" list shows funds that have already reported the next quarter.

For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Fund sentiment summarises what 13F filings show and is not a forecast. Holdings come from SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.