Barings’s Gerdau GGB Stock Holding History

Barings’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
2023 Q1	–	Sell	-361,751	Closed	-$1.59M	–	170
2022 Q4	$1.59M	Hold	361,751	–	–	0.06%	111
2022 Q3	$1.3M	Hold	361,751	–	–	0.05%	112
2022 Q2	$1.23M	Sell	361,751 -677,345	-65%	-$3.01M	0.04%	152
2022 Q1	$5.3M	Sell	1,039,096 -33,029	-3%	-$142K	0.16%	91
2021 Q4	$4.19M	Hold	1,072,125	–	–	0.11%	103
2021 Q3	$4.19M	Hold	1,072,125	–	–	0.1%	101
2021 Q2	$5.02M	Sell	1,072,125 -273,419	-20%	-$1.34M	0.12%	112
2021 Q1	$5.7M	Hold	1,345,544	–	–	0.14%	96
2020 Q4	$4.99M	Buy	1,345,544 +56,976	+4%	+$190K	0.13%	105
2020 Q3	$3.78M	Buy	1,288,568 +544,916	+73%	+$1.49M	0.09%	166
2020 Q2	$1.13M	Hold	743,652	–	–	0.04%	272
2020 Q1	$1.13M	Buy	+743,652	New	+$2.36M	0.04%	272
2018 Q1	–	Sell	-513,954	Closed	-$1.52M	–	927
2017 Q4	$1.52M	Buy	+513,954	New	+$1.4M	0.02%	448

Other funds holding GGB

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $84.2B AUM 55.88% 1-Year Est. Return

CCM

Contrarian Capital Management Greenwich, Connecticut $306M AUM 23.06% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $225B AUM 49.49% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

IUHSA

Itau Unibanco Holding S.A. Sao Paulo, Brazil $5.27B AUM 41.17% 1-Year Est. Return

CCM

Causeway Capital Management Los Angeles, California $9.24B AUM 21.27% 1-Year Est. Return

Man Group London, United Kingdom $62.7B AUM 29.77% 1-Year Est. Return

Grantham, Mayo, Van Otterloo & Co (GMO) Boston, Massachusetts $44.4B AUM 36.05% 1-Year Est. Return

Optiver Holding Amsterdam, Netherlands $371B AUM 64.6% 1-Year Est. Return

Barings's GGB Position: Q1 2023 in Review

Barings sold out of Gerdau (GGB) in Q1 2023, closing a stake of 361,751 shares — an estimated $1.59M sold.

Barings first reported a position in GGB in Q4 2017 and held it in 13 quarters. The position peaked at $5.7M in Q1 2021. 221 funds tracked by Wall St. Rank hold GGB as of Q1 2023.

Barings reported no remaining Gerdau position as of Q1 2023 after selling out during the quarter.
Barings sold 361,751 Gerdau shares in Q1 2023, an estimated $1.59M.
Barings first reported a position in Gerdau in Q4 2017 and held it in 13 quarters.
Barings's Gerdau position peaked at $5.7M in Q1 2021.
221 funds tracked by Wall St. Rank held Gerdau as of Q1 2023.

Based on Barings's 13F filing for Q1 2023, filed 9 May 2023.