Gerdau
122 hedge funds and large institutions have $762M invested in Gerdau in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 39 increasing their positions, 42 reducing their positions, and 27 closing their positions.
56% more capital invested
Capital invested by funds: $488M → $762M (+$274M)
0.25% more ownership
Funds ownership: 28.11% → 28.35% (+0.25%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 42
5% less funds holding
Funds holding: 129 → 122 (-7)
17% less call options, than puts
Call options by funds: $5.98M | Put options by funds: $7.16M
26% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 27
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$44.9M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$15.2M |
| 3 |
BlackRock
New York
|
+$11.1M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$10.5M |
| 5 |
PG
Pendal Group
Sydney,
Australia
|
+$3.75M |
Top Sellers
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$18.4M |
| 2 |
Goldman Sachs
New York
|
-$14.1M |
| 3 |
Morgan Stanley
New York
|
-$8.14M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.59M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$4.72M |
GGB Hedge Fund Activity: Q2 2020 in Review
122 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q2 2020, worth a combined $762M — up 56% from $488M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of GGB and 20 opened new positions — a net loss of 7 holders — while 42 trimmed existing stakes and 39 added.
The largest buyer was JP Morgan Chase, adding an estimated $44.9M. The largest seller was Luminus Management, exiting entirely with an estimated $18.4M sold.
- 122 institutional investors held Gerdau (GGB) as of Q2 2020, down from 129 in Q1 2020.
- Funds reported $762M of Gerdau stock for Q2 2020, up 56% quarter-over-quarter.
- 20 funds opened new Gerdau positions in Q2 2020 and 27 closed out, a net change of -7 holders.
- The largest Gerdau buyer in Q2 2020 was JP Morgan Chase, an estimated $44.9M added.
- The largest Gerdau seller in Q2 2020 was Luminus Management, an estimated $18.4M sold.
Based on aggregated 13F filings for Q2 2020.