Norges Bank
GGB icon

Norges Bank’s Gerdau GGB Stock Holding History

Norges Bank’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
2024
Q3 		– Sell
-2,319,692
Closed -$7.65M – 1880
2024
Q2 		$7.65M Buy
+2,319,692
New +$8.2M ﹤0.01% 1461
2015
Q1 		– Sell
-1,676,766
Closed -$4.72M – 2298
2014
Q4 		$4.72M Hold
1,676,766
– – ﹤0.01% 1927
2014
Q3 		$6.39M Sell
1,676,766
-1,676,767
-50% -$7.67M ﹤0.01% 1824
2014
Q2 		$15.7M Buy
3,353,533
+1,676,767
+100% +$8.22M ﹤0.01% 1736
2014
Q1 		$8.53M Hold
1,676,766
– – ﹤0.01% 1655
2013
Q4 		$10.4M Hold
1,676,766
– – 0.01% 1549
2013
Q3 		$9.93M Hold
1,676,766
– – 0.01% 1567
2013
Q2 		$7.6M Buy
+1,676,766
New +$9.05M ﹤0.01% 1643

Other funds holding GGB

Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
Capital International Investors
Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return
CCM
Contrarian Capital Management Greenwich, Connecticut $306M AUM 23.06% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return
Two Sigma Investments
Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return
Acadian Asset Management
Acadian Asset Management Boston, Massachusetts $84.2B AUM 55.88% 1-Year Est. Return
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund Toronto, Ontario, Canada $71.2B AUM 48.86% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Two Sigma Advisers
Two Sigma Advisers New York $51.4B AUM 31.07% 1-Year Est. Return
Marshall Wace
Marshall Wace London, United Kingdom $127B AUM 46.06% 1-Year Est. Return

Norges Bank's GGB Position: Q3 2024 in Review

Norges Bank sold out of Gerdau (GGB) in Q3 2024, closing a stake of 2,319,692 shares — an estimated $7.65M sold.

Norges Bank first reported a position in GGB in Q2 2013 and held it in 8 quarters. The position peaked at $15.7M in Q2 2014. 186 funds tracked by Wall St. Rank hold GGB as of Q3 2024.

  • Norges Bank reported no remaining Gerdau position as of Q3 2024 after selling out during the quarter.
  • Norges Bank sold 2,319,692 Gerdau shares in Q3 2024, an estimated $7.65M.
  • Norges Bank first reported a position in Gerdau in Q2 2013 and held it in 8 quarters.
  • Norges Bank's Gerdau position peaked at $15.7M in Q2 2014.
  • 186 funds tracked by Wall St. Rank held Gerdau as of Q3 2024.

Based on Norges Bank's 13F filing for Q3 2024, filed 13 Nov 2024.