Gerdau
182 hedge funds and large institutions have $880M invested in Gerdau in 2025 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 44 increasing their positions, 66 reducing their positions, and 32 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
17% more call options, than puts
Call options by funds: $183K | Put options by funds: $157K
0.65% less ownership
Funds ownership: 23.88% → 23.23% (-0.65%)
3% less funds holding
Funds holding: 187 → 182 (-5)
6% less capital invested
Capital invested by funds: $934M → $880M (-$54.7M)
16% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 32
33% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
+$31M |
| 2 |
CC
Carrhae Capital
London,
United Kingdom
|
+$19.2M |
| 3 |
SC
Sagil Capital
London,
United Kingdom
|
+$11.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$9.28M |
| 5 |
Renaissance Technologies
New York
|
+$8.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$39.9M |
| 2 |
Morgan Stanley
New York
|
-$28M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$22.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$15M |
| 5 |
Two Sigma Investments
New York
|
-$9.31M |
GGB Hedge Fund Activity: Q1 2025 in Review
182 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q1 2025, worth a combined $880M — down 5.9% from $934M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of GGB and 27 opened new positions — a net loss of 5 holders — while 66 trimmed existing stakes and 44 added.
The largest buyer was Encompass Capital Advisors, opening a new position worth an estimated $31M. The largest seller was Goldman Sachs, cutting an estimated $39.9M.
- 182 institutional investors held Gerdau (GGB) as of Q1 2025, down from 187 in Q4 2024.
- Funds reported $880M of Gerdau stock for Q1 2025, down 5.9% quarter-over-quarter.
- 27 funds opened new Gerdau positions in Q1 2025 and 32 closed out, a net change of -5 holders.
- The largest Gerdau buyer in Q1 2025 was Encompass Capital Advisors, an estimated $31M added.
- The largest Gerdau seller in Q1 2025 was Goldman Sachs, an estimated $39.9M sold.
Based on aggregated 13F filings for Q1 2025.