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Gerdau
GGB

143 hedge funds and large institutions have $1.37B invested in Gerdau in 2021 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 50 increasing their positions, 46 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

324% more call options, than puts

Call options by funds: $11.7M | Put options by funds: $2.76M

13% more capital invested

Capital invested by funds: $1.21B → $1.37B (+$156M)

9% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 46

0.37% less ownership

Funds ownership: 28.51% → 28.13% (-0.37%)

7% less funds holding

Funds holding: 153 → 143 (-10)

32% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 28

40% less funds holding in top 10

Funds holding in top 10: 5 → 3 (-2)

Holders
143
Holders Change
-10
Holders Change %
-6.54%
% of All Funds
2.51%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.05%
New
19
Increased
50
Reduced
46
Closed
28
Calls
$11.7M
Puts
$2.76M
Net Calls
+$8.94M
Net Calls Change
+$8.7M

Top Buyers

1
Two Sigma Investments
Two Sigma Investments
New York
+$17.1M
2
Bank of America
Bank of America
North Carolina
+$15.4M
3
Millennium Management
Millennium Management
New York
+$13.7M
4
Morgan Stanley
Morgan Stanley
New York
+$9.56M
5
Renaissance Technologies
Renaissance Technologies
New York
+$9.11M

Top Sellers

1
Capital International Investors
Capital International Investors
California
-$25.1M
2
IUHSA
Itau Unibanco Holding S.A.
Brazil
-$16.1M
3
CGM
Capital Growth Management
Massachusetts
-$12.9M
4
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
-$11.8M
5
GFM
Gramercy Funds Management
Connecticut
-$7.56M
Name Holding Trade Value Shares
Change 		Change in
Stake
CSS
51
Cubist Systematic Strategies
Connecticut
$1.1M +$902K +238,104 +1,072%
Thrivent Financial for Lutherans
52
Thrivent Financial for Lutherans
Minnesota
$1.05M -$89.7K -23,686 -9%
KCGDR
53
Kiron Capital Gestao de Recursos
Brazil
$1M -$34.2K -9,019 -5%
Voloridge Investment Management
54
Voloridge Investment Management
Florida
$997K +$891K +235,267 New
PPFA
55
Provida Pension Fund Administrator
Chile
$932K -$808K -213,318 -48%
Jane Street
56
Jane Street
New York
$831K -$5.16M -1,362,383 -87%
DTL
57
Dynamic Technology Lab
Singapore
$800K +$509K +134,448 +248%
SO
58
STRS Ohio
Ohio
$768K – – –
UBS Group
59
UBS Group
Switzerland
$731K -$704K -185,883 -52%
HF
60
HRT Financial
New York
$688K +$615K +162,348 New
BNP Paribas Financial Markets
61
BNP Paribas Financial Markets
France
$653K -$110K -29,028 -16%
AQR Capital Management
62
AQR Capital Management
Connecticut
$629K -$119K -31,534 -18%
DCM
63
Driehaus Capital Management
Illinois
$571K +$129K +33,977 +34%
Massachusetts Financial Services
64
Massachusetts Financial Services
Massachusetts
$566K – – –
COPPSERS
65
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$555K -$147K -38,871 -23%
PAM
66
Panagora Asset Management
Massachusetts
$553K -$114K -30,161 -19%
SWP
67
Stratos Wealth Partners
Ohio
$541K – – –
SGDR
68
SPX Gestao de Recursos
Brazil
$521K +$238K +62,702 +104%
Schroder Investment Management Group
69
Schroder Investment Management Group
United Kingdom
$464K – – –
Envestnet Asset Management
70
Envestnet Asset Management
Illinois
$454K +$45.5K +12,003 +13%
SGI
71
Summit Global Investments
Utah
$427K +$382K +100,800 New
CGH
72
Crossmark Global Holdings
Texas
$426K -$25.3K -6,690 -6%
Citigroup
73
Citigroup
New York
$410K +$324K +85,527 +754%
Mirae Asset Global Investments
74
Mirae Asset Global Investments
South Korea
$406K +$31.7K +8,374 +10%
Comerica Bank
75
Comerica Bank
Texas
$392K +$11.5K +3,036 +4%
1 2
3
4 5

GGB Hedge Fund Activity: Q1 2021 in Review

143 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q1 2021, worth a combined $1.37B — up 13% from $1.21B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of GGB and 19 opened new positions — a net loss of 9 holders — while 46 trimmed existing stakes and 50 added.

The largest buyer was Two Sigma Investments, opening a new position worth an estimated $17.1M. The largest seller was Capital International Investors, cutting an estimated $25.1M.

  • 143 institutional investors held Gerdau (GGB) as of Q1 2021, down from 153 in Q4 2020.
  • Funds reported $1.37B of Gerdau stock for Q1 2021, up 13% quarter-over-quarter.
  • 19 funds opened new Gerdau positions in Q1 2021 and 28 closed out, a net change of -9 holders.
  • The largest Gerdau buyer in Q1 2021 was Two Sigma Investments, an estimated $17.1M added.
  • The largest Gerdau seller in Q1 2021 was Capital International Investors, an estimated $25.1M sold.

Based on aggregated 13F filings for Q1 2021.