Gerdau
139 hedge funds and large institutions have $691M invested in Gerdau in 2017 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 47 increasing their positions, 42 reducing their positions, and 17 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
12% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 42
1% more funds holding
Funds holding: 137 → 139 (+2)
2% more capital invested
Capital invested by funds: $677M → $691M (+$13.7M)
0% less call options, than puts
Call options by funds: $2.6M | Put options by funds: $2.61M
1.31% less ownership
Funds ownership: 21.72% → 20.41% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$25.2M |
| 2 |
Morgan Stanley
New York
|
+$10.3M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$8.82M |
| 4 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
+$7.86M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PG
Pendal Group
Sydney,
Australia
|
-$40.2M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$17.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$16.5M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
-$9M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$8.46M |
GGB Hedge Fund Activity: Q4 2017 in Review
139 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q4 2017, worth a combined $691M — up 2% from $677M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new GGB positions and 17 closed out — a net gain of 3 holders — while 47 added to existing stakes and 42 trimmed.
The largest buyer was BlackRock, adding an estimated $25.2M. The largest seller was Pendal Group, exiting entirely with an estimated $40.2M sold.
- 139 institutional investors held Gerdau (GGB) as of Q4 2017, up from 137 in Q3 2017.
- Funds reported $691M of Gerdau stock for Q4 2017, up 2% quarter-over-quarter.
- 20 funds opened new Gerdau positions in Q4 2017 and 17 closed out, a net change of +3 holders.
- The largest Gerdau buyer in Q4 2017 was BlackRock, an estimated $25.2M added.
- The largest Gerdau seller in Q4 2017 was Pendal Group, an estimated $40.2M sold.
Based on aggregated 13F filings for Q4 2017.