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221 hedge funds and large institutions have $1.5B invested in Gerdau in 2023 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 82 increasing their positions, 99 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more call options, than puts

Call options by funds: $8.63M | Put options by funds: $4.14M

1% more capital invested

Capital invested by funds: $1.48B → $1.5B (+$17.3M)

0% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 28

1.34% less ownership

Funds ownership: 32.25%30.91% (-1.3%)

2% less funds holding

Funds holding: 225221 (-4)

17% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 99

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
221
Holders Change
-4
Holders Change %
-1.78%
% of All Funds
3.52%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
28
Increased
82
Reduced
99
Closed
28
Calls
$8.63M
Puts
$4.14M
Net Calls
+$4.5M
Net Calls Change
-$2.37M
Name Holding Trade Value Shares
Change
Change in
Stake
VC
176
Veracity Capital
Georgia
$65.2K +$2.57K +573 +4%
AssetMark Inc
177
AssetMark Inc
California
$64K +$20.5K +4,575 +42%
WAG
178
Wallace Advisory Group
California
$63.4K +$94 +21 +0.1%
BMCM
179
Burns Matteson Capital Management
New York
$62.2K -$2.13K -475 -3%
MML Investors Services
180
MML Investors Services
Massachusetts
$61K +$2.66K +594 +4%
QT
181
Quantamental Technologies
New York
$59.4K -$154K -34,363 -70%
Ameriprise
182
Ameriprise
Minnesota
$58.8K -$18K -4,028 -22%
Franklin Resources
183
Franklin Resources
California
$58.4K -$2.08K -465 -3%
EWA
184
EverSource Wealth Advisors
Alabama
$58.2K -$1.38K -309 -2%
WS
185
Wedbush Securities
California
$58K -$569 -127 -0.9%
PA
186
Parallel Advisors
California
$52.9K -$1.02K -227 -2%
SCA
187
Snowden Capital Advisors
New York
$52K +$56.6K +12,637 New
MCC
188
Money Concepts Capital
Florida
$51.9K +$56.4K +12,600 New
SAI
189
Systematic Alpha Investments
New Jersey
$47.6K +$51.9K +11,592 New
DI
190
Disciplined Investments
Oklahoma
$46.4K +$50.6K +11,290 New
BAM
191
Belpointe Asset Management
Nevada
$36.6K +$39.9K +8,908 New
FCA
192
Fortis Capital Advisors
Kansas
$36.6K +$39.9K +8,908 New
TWI
193
Thomas White International
Illinois
$31.4K -$2.52M -562,243 -99%
Fidelity Investments
194
Fidelity Investments
Massachusetts
$27.2K -$417 -93 -1%
SSG
195
Summit Securities Group
New York
$17K -$19.6K -4,379 -51%
LC
196
Lindbrook Capital
California
$10.8K -$663 -148 -5%
NSIM
197
North Star Investment Management
Illinois
$10.4K
NA
198
NewEdge Advisors
Louisiana
$8.11K +$8.84K +1,974 New
Royal Bank of Canada
199
Royal Bank of Canada
Ontario, Canada
$8K +$793 +177 +10%
ACA
200
Atlas Capital Advisors
Wyoming
$7.25K -$33.6K -7,500 -81%

GGB Hedge Fund Activity: Q1 2023 in Review

221 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q1 2023, worth a combined $1.5B — up 1.2% from $1.48B a quarter earlier.

Fund positioning in GGB was balanced in Q1 2023: 28 funds opened new positions, 28 closed out, 82 added to existing stakes and 99 trimmed.

The largest buyer was Capital International Investors, adding an estimated $51.5M. The largest seller was Millennium Management, cutting an estimated $45.6M.

  • 221 institutional investors held Gerdau (GGB) as of Q1 2023, down from 225 in Q4 2022.
  • Funds reported $1.5B of Gerdau stock for Q1 2023, up 1.2% quarter-over-quarter.
  • 28 funds opened new Gerdau positions in Q1 2023 and 28 closed out, a net change of 0 holders.
  • The largest Gerdau buyer in Q1 2023 was Capital International Investors, an estimated $51.5M added.
  • The largest Gerdau seller in Q1 2023 was Millennium Management, an estimated $45.6M sold.

Based on aggregated 13F filings for Q1 2023.