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Cliff Asness’s Gerdau GGB Stock Holding History

Cliff Asness’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
2026
Q2 		$3.06M Sell
758,076
-342,403
-31% -$1.52M ﹤0.01% 2335
2026
Q1 		$3.97M Buy
1,100,479
+827,756
+304% +$3.26M ﹤0.01% 1896
2025
Q4 		$1.01M Buy
272,723
+72,510
+36% +$253K ﹤0.01% 2554
2025
Q3 		$621K Sell
200,213
-7,872
-4% -$23.8K ﹤0.01% 2697
2025
Q2 		$608K Sell
208,085
-374,864
-64% -$1.03M ﹤0.01% 2504
2025
Q1 		$1.66M Buy
582,949
+231,588
+66% +$676K ﹤0.01% 1713
2024
Q4 		$1.01M Sell
351,361
-282,922
-45% -$934K ﹤0.01% 1882
2024
Q3 		$2.22M Sell
634,283
-1,072,425
-63% -$3.51M ﹤0.01% 1453
2024
Q2 		$5.63M Sell
1,706,708
-1,625,145
-49% -$5.74M 0.01% 971
2024
Q1 		$12.3M Sell
3,331,853
-2,336,510
-41% -$8.45M 0.02% 656
2023
Q4 		$22.9M Buy
5,668,363
+243,588
+4% +$932K 0.04% 462
2023
Q3 		$21.6M Buy
5,424,775
+2,606,875
+93% +$11.6M 0.04% 456
2023
Q2 		$12.3M Buy
2,817,900
+79,415
+3% +$332K 0.03% 606
2023
Q1 		$11.3M Sell
2,738,485
-103,255
-4% -$463K 0.02% 631
2022
Q4 		$12.5M Sell
2,841,740
-3,137,887
-52% -$13.5M 0.03% 593
2022
Q3 		$21.5M Buy
5,979,627
+4,284,989
+253% +$15.6M 0.05% 417
2022
Q2 		$5.77M Sell
1,694,638
-361,409
-18% -$1.61M 0.01% 772
2022
Q1 		$10.5M Buy
2,056,047
+1,788,655
+669% +$7.68M 0.02% 705
2021
Q4 		$1.04M Buy
267,392
+101,250
+61% +$385K ﹤0.01% 1540
2021
Q3 		$649K Buy
166,142
+13,904
+9% +$60.5K ﹤0.01% 1759
2021
Q2 		$713K Buy
152,238
+3,820
+3% +$18.7K ﹤0.01% 1724
2021
Q1 		$629K Sell
148,418
-31,534
-18% -$119K ﹤0.01% 1751
2020
Q4 		$667K Sell
179,952
-3,805
-2% -$12.7K ﹤0.01% 1681
2020
Q3 		$540K Buy
183,757
+12,704
+7% +$34.8K ﹤0.01% 1691
2020
Q2 		$402K Sell
171,053
-174,263
-50% -$331K ﹤0.01% 1819
2020
Q1 		$523K Sell
345,316
-297,224
-46% -$942K ﹤0.01% 1570
2019
Q4 		$2.5M Sell
642,540
-149,165
-19% -$444K ﹤0.01% 1185
2019
Q3 		$1.98M Buy
791,705
+268,951
+51% +$718K ﹤0.01% 1283
2019
Q2 		$1.61M Sell
522,754
-1,474,561
-74% -$4.32M ﹤0.01% 1344
2019
Q1 		$6.15M Buy
1,997,315
+1,920,324
+2,494% +$6.23M 0.01% 921
2018
Q4 		$230K Sell
76,991
-21,464
-22% -$69.6K ﹤0.01% 2041
2018
Q3 		$329K Buy
98,455
+7,120
+8% +$22.9K ﹤0.01% 2081
2018
Q2 		$257K Buy
91,335
+6,988
+8% +$24.4K ﹤0.01% 2166
2018
Q1 		$312K Hold
84,347
– – ﹤0.01% 2039
2017
Q4 		$249K Buy
84,347
+18,909
+29% +$51.5K ﹤0.01% 2102
2017
Q3 		$178K Buy
65,438
+13,740
+27% +$38.6K ﹤0.01% 2186
2017
Q2 		$125K Sell
51,698
-9,014
-15% -$21.3K ﹤0.01% 2164
2017
Q1 		$166K Buy
60,712
+11,873
+24% +$36.9K ﹤0.01% 2130
2016
Q4 		$122K Buy
48,839
+2,660
+6% +$7.25K ﹤0.01% 2200
2016
Q3 		$100K Buy
46,179
+4,143
+10% +$8.31K ﹤0.01% 2223
2016
Q2 		$61K Sell
42,036
-2,281
-5% -$3.36K ﹤0.01% 2179
2016
Q1 		$63K Sell
44,317
-5,333
-11% -$4.74K ﹤0.01% 2194
2015
Q4 		$47K Buy
49,650
+1,392
+3% +$1.61K ﹤0.01% 2230
2015
Q3 		$52K Sell
48,258
-612,535
-93% -$839K ﹤0.01% 2142
2015
Q2 		$1.26M Sell
660,793
-2,236,287
-77% -$5.39M ﹤0.01% 1391
2015
Q1 		$7.36M Buy
2,897,080
+1,529,476
+112% +$4.24M 0.02% 642
2014
Q4 		$3.85M Sell
1,367,604
-1,680,336
-55% -$5.57M 0.01% 1003
2014
Q3 		$11.6M Sell
3,047,940
-759,654
-20% -$3.48M 0.03% 551
2014
Q2 		$17.8M Buy
3,807,594
+2,910,978
+325% +$14.3M 0.05% 454
2014
Q1 		$4.56M Buy
896,616
+834,120
+1,335% +$4.43M 0.01% 893
2013
Q4 		$389K Sell
62,496
-17,388
-22% -$109K ﹤0.01% 2185
2013
Q3 		$473K Buy
79,884
+2,016
+3% +$10.9K ﹤0.01% 2005
2013
Q2 		$353K Buy
+77,868
New +$420K ﹤0.01% 2038

Other funds holding GGB

Acadian Asset Management
Acadian Asset Management Boston, Massachusetts $84.2B AUM 55.88% 1-Year Est. Return
Capital World Investors
Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return
UBS AM
UBS AM Chicago, Illinois $550B AUM 43.33% 1-Year Est. Return
CCM
Contrarian Capital Management Greenwich, Connecticut $306M AUM 23.06% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
DSC
Donald Smith & Co New York $5.65B AUM 47.79% 1-Year Est. Return
AF
Aquamarine Financial George Town $1.81B AUM 38.21% 1-Year Est. Return
Two Sigma Investments
Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return
Mackenzie Financial
Mackenzie Financial Toronto Ontario, Ontario, Canada $100B AUM 36.93% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Cliff Asness's GGB Position: Q2 2026 in Review

Cliff Asness reduced its Gerdau (GGB) stake by 31% in Q2 2026, selling an estimated $1.52M and leaving 758,076 shares worth $3.06M. The position accounts for ﹤0.01% of the portfolio, ranked #2335.

Cliff Asness first reported a position in GGB in Q2 2013 and has held it in 53 quarters since. The position peaked at $22.9M in Q4 2023. 212 funds tracked by Wall St. Rank hold GGB as of Q2 2026.

  • Cliff Asness held 758,076 shares of Gerdau worth $3.06M as of Q2 2026.
  • Cliff Asness sold 342,403 Gerdau shares in Q2 2026, an estimated $1.52M.
  • Gerdau made up ﹤0.01% of Cliff Asness's portfolio in Q2 2026, its #2335 holding.
  • Cliff Asness first reported a position in Gerdau in Q2 2013 and has held it in 53 quarters since.
  • Cliff Asness's Gerdau position peaked at $22.9M in Q4 2023.
  • 212 funds tracked by Wall St. Rank held Gerdau as of Q2 2026.

Based on AQR Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.