Gerdau
161 hedge funds and large institutions have $1.15B invested in Gerdau in 2021 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 56 increasing their positions, 45 reducing their positions, and 18 closing their positions.
83% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 18
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
24% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 45
21% more call options, than puts
Call options by funds: $13.6M | Put options by funds: $11.2M
9% more funds holding
Funds holding: 148 → 161 (+13)
4% less capital invested
Capital invested by funds: $1.2B → $1.15B (-$50.9M)
1.14% less ownership
Funds ownership: 26.95% → 25.81% (-1.1%)
Top Buyers
| 1 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$26.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$8.69M |
| 4 |
ICP
Indus Capital Partners
New York
|
+$7.4M |
| 5 |
Rockefeller Capital Management
New York
|
+$7.38M |
Top Sellers
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$85.3M |
| 2 |
Two Sigma Investments
New York
|
-$18.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$11.3M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$9.88M |
| 5 |
BlackRock
New York
|
-$8.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
176
Harbour Investments
Madison,
Wisconsin
| – | -$1K | -247 | Closed |
|
|
GRP
177
Global Retirement Partners
San Rafael,
California
| – | -$1K | -188 | Closed |
|
|
HNB
178
Huntington National Bank
Columbus,
Ohio
| – | +$4 | +1 | New |
|
179
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$456 | +120 | New |
|
GGB Hedge Fund Activity: Q4 2021 in Review
161 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q4 2021, worth a combined $1.15B — down 4.2% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new GGB positions and 18 closed out — a net gain of 15 holders — while 56 added to existing stakes and 45 trimmed.
The largest buyer was Itau Unibanco Holding S.A., adding an estimated $26.8M. The largest seller was Bank of America, cutting an estimated $85.3M.
- 161 institutional investors held Gerdau (GGB) as of Q4 2021, up from 148 in Q3 2021.
- Funds reported $1.15B of Gerdau stock for Q4 2021, down 4.2% quarter-over-quarter.
- 33 funds opened new Gerdau positions in Q4 2021 and 18 closed out, a net change of +15 holders.
- The largest Gerdau buyer in Q4 2021 was Itau Unibanco Holding S.A., an estimated $26.8M added.
- The largest Gerdau seller in Q4 2021 was Bank of America, an estimated $85.3M sold.
Based on aggregated 13F filings for Q4 2021.