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140 hedge funds and large institutions have $820M invested in Gerdau in 2018 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 38 increasing their positions, 43 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more call options, than puts

Call options by funds: $32.5M | Put options by funds: $21.9M

3.11% more ownership

Funds ownership: 21.02%24.13% (+3.1%)

7% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 27

1% more funds holding

Funds holding: 139140 (+1)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

12% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 43

87% less capital invested

Capital invested by funds: $6.27B → $820M (-$5.45B)

Holders
140
Holders Change
+1
Holders Change %
+0.72%
% of All Funds
3.12%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
29
Increased
38
Reduced
43
Closed
27
Calls
$32.5M
Puts
$21.9M
Net Calls
+$10.6M
Net Calls Change
-$7.09M
Name Holding Trade Value Shares
Change
Change in
Stake
GCP
101
GSA Capital Partners
United Kingdom
$72K +$78.4K +24,192 New
Envestnet Asset Management
102
Envestnet Asset Management
Illinois
$72K +$78.4K +24,200 New
CFA
103
Capstone Financial Advisors
Illinois
$71K
Aviva
104
Aviva
United Kingdom
$67K -$7.35K -2,268 -9%
WAM
105
World Asset Management
Michigan
$65K -$48.3K -14,891 -41%
LNC
106
Lincoln National Corp
Pennsylvania
$52K -$1.04K -321 -2%
RJA
107
Raymond James & Associates
Florida
$52K
N
108
Nuveen
North Carolina
$49K +$53.8K +16,585 New
KBC Group
109
KBC Group
Belgium
$37K
Carson Wealth (CWM LLC)
110
Carson Wealth (CWM LLC)
Nebraska
$33K
Wells Fargo
111
Wells Fargo
California
$21K +$20.4K +6,300 +871%
AG
112
Advisor Group
Arizona
$18K +$376 +116 +2%
PNC Financial Services Group
113
PNC Financial Services Group
Pennsylvania
$16K -$1.2K -370 -6%
HMS
114
Hanseatic Management Services
New Mexico
$16K -$483 -149 -3%
IA
115
IFP Advisors
Florida
$14K +$14.8K +4,554 New
US Bancorp
116
US Bancorp
Minnesota
$12K +$460 +142 +4%
S
117
SignatureFD
Georgia
$12K +$8.47K +2,613 +188%
VEA
118
Virtus ETF Advisers
New York
$8K -$6.99K -2,156 -44%
NSIM
119
North Star Investment Management
Illinois
$8K
CG
120
Cutler Group
California
$7K
APA
121
American Portfolios Advisors
New York
$6.5K
PA
122
Parallel Advisors
California
$6K -$7.5K -2,315 -52%
AAMU
123
Amundi Asset Management US
Massachusetts
$5.99K -$2.9M -894,726 -31%
CM
124
CoreCommodity Management
Connecticut
$5K -$773K -238,532 -99%
WCM
125
WealthBridge Capital Management
Ohio
$4K +$4.8K +1,482 New

GGB Hedge Fund Activity: Q4 2018 in Review

140 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q4 2018, worth a combined $820M — down 87% from $6.27B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new GGB positions and 27 closed out — a net gain of 2 holders — while 38 added to existing stakes and 43 trimmed.

The largest buyer was Capital International Investors, opening a new position worth an estimated $268M. The largest seller was SPX Gestao de Recursos, exiting entirely with an estimated $5.47B sold.

  • 140 institutional investors held Gerdau (GGB) as of Q4 2018, up from 139 in Q3 2018.
  • Funds reported $820M of Gerdau stock for Q4 2018, down 87% quarter-over-quarter.
  • 29 funds opened new Gerdau positions in Q4 2018 and 27 closed out, a net change of +2 holders.
  • The largest Gerdau buyer in Q4 2018 was Capital International Investors, an estimated $268M added.
  • The largest Gerdau seller in Q4 2018 was SPX Gestao de Recursos, an estimated $5.47B sold.

Based on aggregated 13F filings for Q4 2018.