Adage Capital Partners
GGB icon

Adage Capital Partners’s Gerdau GGB Stock Holding History

Adage Capital Partners’s Portfolio GGB Stock Details GGB Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2016
Q3 		– Sell
-14,960,445
Closed -$21.6M – 706
2016
Q2 		$21.6M Sell
14,960,445
-5,355,000
-26% -$7.89M 0.06% 358
2016
Q1 		$28.7M Buy
20,315,445
+11,999,445
+144% +$10.7M 0.08% 284
2015
Q4 		$7.92M Buy
8,316,000
+1,260,000
+18% +$1.46M 0.02% 557
2015
Q3 		$7.67M Hold
7,056,000
– – 0.02% 575
2015
Q2 		$13.5M Buy
7,056,000
+1,260,000
+22% +$3.04M 0.03% 498
2015
Q1 		$14.7M Buy
+5,796,000
New +$16.1M 0.04% 476
2014
Q4 		– Sell
-1,260,000
Closed -$4.8M – 731
2014
Q3 		$4.8M Buy
+1,260,000
New +$5.77M 0.01% 617

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WBC
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CCM
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Morgan Stanley
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Vanguard Group
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OCM
Oaktree Capital Management Los Angeles, California $7.21B AUM 45.97% 1-Year Est. Return
Credit Agricole
Credit Agricole Montrouge Cedex, France $49.3B AUM 36.45% 1-Year Est. Return
EA
Emerald Acquisition Seattle, Washington $51.8B AUM

Adage Capital Partners's GGB Position: Q3 2016 in Review

Adage Capital Partners sold out of Gerdau (GGB) in Q3 2016, closing a stake of 14,960,445 shares — an estimated $21.6M sold.

Adage Capital Partners first reported a position in GGB in Q3 2014 and held it in 7 quarters. The position peaked at $28.7M in Q1 2016. 131 funds tracked by Wall St. Rank hold GGB as of Q3 2016.

  • Adage Capital Partners reported no remaining Gerdau position as of Q3 2016 after selling out during the quarter.
  • Adage Capital Partners sold 14,960,445 Gerdau shares in Q3 2016, an estimated $21.6M.
  • Adage Capital Partners first reported a position in Gerdau in Q3 2014 and held it in 7 quarters.
  • Adage Capital Partners's Gerdau position peaked at $28.7M in Q1 2016.
  • 131 funds tracked by Wall St. Rank held Gerdau as of Q3 2016.

Based on Adage Capital Partners's 13F filing for Q3 2016, filed 14 Nov 2016.