Carlson Capital’s Gerdau GGB Stock Holding History

Carlson Capital’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 Q1	–	Sell	-23,940,011	Closed	-$22.8M	–	302
2015 Q4	$22.8M	Sell	23,940,011 -6,116,780	-20%	-$7.07M	0.25%	124
2015 Q3	$32.7M	Buy	30,056,791 +3,596,791	+14%	+$4.92M	0.38%	88
2015 Q2	$50.6M	Buy	26,460,000 +6,867,000	+35%	+$16.5M	0.56%	57
2015 Q1	$49.8M	Buy	19,593,000 +4,157,496	+27%	+$11.5M	0.55%	52
2014 Q4	$43.5M	Buy	15,435,504 +9,670,248	+168%	+$32.1M	0.43%	80
2014 Q3	$22M	Buy	5,765,256 +3,371,382	+141%	+$15.4M	0.24%	141
2014 Q2	$11.2M	Sell	2,393,874 -1,732,626	-42%	-$8.49M	0.12%	233
2014 Q1	$21M	Buy	+4,126,500	New	+$21.9M	0.24%	139
2013 Q3	–	Sell	-3,509,352	Closed	-$15.9M	–	289
2013 Q2	$15.9M	Buy	+3,509,352	New	+$18.9M	0.19%	168

Other funds holding GGB

Fairpointe Capital Chicago, Illinois $66.3M AUM 101.32% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Adage Capital Partners Boston, Massachusetts $64.8B AUM 42.7% 1-Year Est. Return

Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

OCM

Oaktree Capital Management Los Angeles, California $6.56B AUM 42.97% 1-Year Est. Return

PPA

Parametric Portfolio Associates Seattle, Washington $190B AUM 18.52% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Carlson Capital's GGB Position: Q1 2016 in Review

Carlson Capital sold out of Gerdau (GGB) in Q1 2016, closing a stake of 23,940,011 shares — an estimated $22.8M sold.

Carlson Capital first reported a position in GGB in Q2 2013 and held it in 9 quarters. The position peaked at $50.6M in Q2 2015. 118 funds tracked by Wall St. Rank hold GGB as of Q1 2016.

Carlson Capital reported no remaining Gerdau position as of Q1 2016 after selling out during the quarter.
Carlson Capital sold 23,940,011 Gerdau shares in Q1 2016, an estimated $22.8M.
Carlson Capital first reported a position in Gerdau in Q2 2013 and held it in 9 quarters.
Carlson Capital's Gerdau position peaked at $50.6M in Q2 2015.
118 funds tracked by Wall St. Rank held Gerdau as of Q1 2016.

Based on Carlson Capital's 13F filing for Q1 2016, filed 13 May 2016.