SPX Gestao de Recursos’s Gerdau GGB Stock Holding History

SPX Gestao de Recursos’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	–	Sell	-4,254,223	Closed	-$15.4M	–	89
2026 Q1	$15.4M	Sell	4,254,223 -640,273	-13%	-$2.52M	1.28%	22
2025 Q4	$18.1M	Buy	4,894,496 +403,454	+9%	+$1.41M	1.84%	17
2025 Q3	$13.9M	Buy	4,491,042 +1,621,938	+57%	+$4.91M	1.16%	23
2025 Q2	$8.38M	Buy	+2,869,104	New	+$7.86M	0.78%	29
2024 Q4	–	Sell	-945,138	Closed	-$3.31M	–	107
2024 Q3	$3.31M	Sell	945,138 -1,257,332	-57%	-$4.12M	0.44%	32
2024 Q2	$7.27M	Sell	2,202,470 -236,818	-10%	-$837K	1.08%	21
2024 Q1	$8.98M	Buy	2,439,288 +1,600,900	+191%	+$5.79M	0.78%	32
2023 Q4	$3.39M	Sell	838,388 -1,151,400	-58%	-$4.41M	0.26%	36
2023 Q3	$7.91M	Buy	1,989,788 +666,882	+50%	+$2.96M	0.42%	47
2023 Q2	$5.75M	Buy	1,322,906 +990,710	+298%	+$4.14M	0.27%	59
2023 Q1	$1.36M	Buy	332,196 +300,196	+938%	+$1.34M	0.09%	45
2022 Q4	$141K	Sell	32,000 -4,013,359	-99%	-$17.3M	0.02%	70
2022 Q3	$14.5M	Buy	4,045,359 +3,620,748	+853%	+$13.2M	1.34%	19
2022 Q2	$1.45M	Buy	424,611 +4,576	+1%	+$20.4K	0.2%	53
2022 Q1	$2.14M	Sell	420,035 -3,840,403	-90%	-$16.5M	0.14%	59
2021 Q4	$16.6M	Hold	4,260,438	–	–	3.28%	9
2021 Q3	$16.6M	Buy	4,260,438 +3,479,364	+445%	+$15.1M	3.14%	12
2021 Q2	$3.66M	Buy	781,074 +658,210	+536%	+$3.22M	0.45%	25
2021 Q1	$521K	Buy	122,864 +62,702	+104%	+$238K	0.09%	64
2020 Q4	$223K	Buy	+60,162	New	+$200K	0.02%	93
2019 Q3	–	Sell	-1,264,939	Closed	-$3.9M	–	43
2019 Q2	$3.9M	Buy	+1,264,939	New	+$3.71M	0.59%	22
2018 Q4	–	Sell	-1,636,294	Closed	-$5.47M	–	46
2018 Q3	$5.47M	Buy	1,636,294 +1,069,294	+189%	+$3.44M	2.15%	15
2018 Q2	$1.59M	Sell	567,000 -1,146,600	-67%	-$4M	1.09%	13
2018 Q1	$6.34M	Sell	1,713,600 -46,382	-3%	-$170K	3.43%	14
2017 Q4	$5.2M	Buy	1,759,982 +1,036,867	+143%	+$2.82M	1.94%	15
2017 Q3	$1.97M	Buy	+723,115	New	+$2.03M	0.5%	16
2017 Q2	–	Sell	-1,713,600	Closed	-$6.34M	–	25
2017 Q1	$6.34M	Buy	+1,713,600	New	+$5.32M	2.08%	18
2016 Q3	–	Sell	-3,087,000	Closed	-$4.46M	–	28
2016 Q2	$4.46M	Buy	+3,087,000	New	+$4.55M	2.3%	13
2015 Q1	–	Sell	-434,522	Closed	-$1.22M	–	33
2014 Q4	$1.22M	Buy	+434,522	New	+$1.44M	0.42%	33
2014 Q3	–	Sell	-966,632	Closed	-$4.52M	–	34
2014 Q2	$4.52M	Buy	+966,632	New	+$4.74M	1.53%	19
2014 Q1	–	Sell	-525,385	Closed	-$3.27M	–	61
2013 Q4	$3.27M	Buy	+525,385	New	+$3.28M	1.41%	14

Other funds holding GGB

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

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

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 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

Aquamarine Financial George Town $1.81B AUM 38.21% 1-Year Est. Return

Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $100B AUM 36.93% 1-Year Est. Return

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

SPX Gestao de Recursos's GGB Position: Q2 2026 in Review

SPX Gestao de Recursos sold out of Gerdau (GGB) in Q2 2026, closing a stake of 4,254,223 shares — an estimated $15.4M sold.

SPX Gestao de Recursos first reported a position in GGB in Q4 2013 and held it in 31 quarters. The position peaked at $18.1M in Q4 2025. 212 funds tracked by Wall St. Rank hold GGB as of Q2 2026.

SPX Gestao de Recursos reported no remaining Gerdau position as of Q2 2026 after selling out during the quarter.
SPX Gestao de Recursos sold 4,254,223 Gerdau shares in Q2 2026, an estimated $15.4M.
SPX Gestao de Recursos first reported a position in Gerdau in Q4 2013 and held it in 31 quarters.
SPX Gestao de Recursos's Gerdau position peaked at $18.1M in Q4 2025.
212 funds tracked by Wall St. Rank held Gerdau as of Q2 2026.

Based on SPX Gestao de Recursos's 13F filing for Q2 2026, filed 6 Aug 2026.