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125 hedge funds and large institutions have $292M invested in Gerdau in 2015 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 40 increasing their positions, 49 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,723% more call options, than puts

Call options by funds: $2M | Put options by funds: $110K

1.07% less ownership

Funds ownership: 27.84%26.77% (-1.1%)

4% less funds holding

Funds holding: 130125 (-5)

14% less capital invested

Capital invested by funds: $340M → $292M (-$47.7M)

18% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 49

21% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 19

Holders
125
Holders Change
-5
Holders Change %
-3.85%
% of All Funds
3.28%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
40
Reduced
49
Closed
19
Calls
$2M
Puts
$110K
Net Calls
+$1.9M
Net Calls Change
-$148K
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
26
UBS Group
Switzerland
$1.75M -$1.66M -1,438,545 -44%
ARTA
27
A.R.T. Advisors
New York
$1.66M +$2.01M +1,743,037 New
Schroder Investment Management Group
28
Schroder Investment Management Group
United Kingdom
$1.54M +$980K +848,232 +110%
Boston Partners
29
Boston Partners
Massachusetts
$1.44M +$291K +252,000 +20%
Millennium Management
30
Millennium Management
New York
$1.38M +$772K +667,645 +86%
Two Sigma Investments
31
Two Sigma Investments
New York
$1.24M +$1.51M +1,302,640 New
CII
32
Capital International Inc
California
$1.23M +$26.6K +23,058 +2%
BIM
33
BlackRock Investment Management
Delaware
$1.19M +$20.1K +17,410 +1%
Macquarie Group
34
Macquarie Group
Australia
$1.15M -$348K -300,888 -20%
Northern Trust
35
Northern Trust
Illinois
$1.01M +$196K +169,489 +19%
Bank of America
36
Bank of America
North Carolina
$952K +$193K +166,861 +20%
Canada Pension Plan Investment Board
37
Canada Pension Plan Investment Board
Ontario, Canada
$929K -$902K -780,696 -44%
SG Americas Securities
38
SG Americas Securities
New York
$914K -$127K -110,182 -10%
CA
39
Commerzbank Aktiengesellschaft
Germany
$655K -$170K -147,155 -18%
HSBC Holdings
40
HSBC Holdings
United Kingdom
$637K -$140K -120,923 -15%
DRZID
41
DePrince Race & Zollo Inc (DRZ)
Florida
$598K
D.E. Shaw & Co
42
D.E. Shaw & Co
New York
$578K -$950K -821,771 -57%
Credit Agricole
43
Credit Agricole
France
$557K -$2.9M -2,513,336 -81%
AAM
44
Aston Asset Management
Illinois
$544K -$186K -161,259 -22%
Morgan Stanley
45
Morgan Stanley
New York
$496K -$306K -265,061 -34%
Barclays
46
Barclays
United Kingdom
$481K +$34.4K +29,751 +5%
BNP Paribas Asset Management
47
BNP Paribas Asset Management
France
$462K -$528K -456,822 -49%
CIS
48
Capital International Sarl
California
$411K -$624K -540,162 -56%
IG
49
ING Group
Netherlands
$390K
UBS AM
50
UBS AM
Illinois
$385K -$342K -296,100 -42%

GGB Hedge Fund Activity: Q4 2015 in Review

125 of the 3,811 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q4 2015, worth a combined $292M — down 14% from $340M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of GGB and 15 opened new positions — a net loss of 4 holders — while 49 trimmed existing stakes and 40 added.

The largest buyer was Lazard Asset Management, adding an estimated $12.9M. The largest seller was Genesis Asset Managers, exiting entirely with an estimated $14.2M sold.

  • 125 institutional investors held Gerdau (GGB) as of Q4 2015, down from 130 in Q3 2015.
  • Funds reported $292M of Gerdau stock for Q4 2015, down 14% quarter-over-quarter.
  • 15 funds opened new Gerdau positions in Q4 2015 and 19 closed out, a net change of -4 holders.
  • The largest Gerdau buyer in Q4 2015 was Lazard Asset Management, an estimated $12.9M added.
  • The largest Gerdau seller in Q4 2015 was Genesis Asset Managers, an estimated $14.2M sold.

Based on aggregated 13F filings for Q4 2015.