Gerdau
186 hedge funds and large institutions have $1.07B invested in Gerdau in 2024 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 52 increasing their positions, 83 reducing their positions, and 23 closing their positions.
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
3% more funds holding
Funds holding: 180 → 186 (+6)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.4% less ownership
Funds ownership: 27.84% → 23.44% (-4.4%)
9% less capital invested
Capital invested by funds: $1.18B → $1.07B (-$111M)
37% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 83
58% less call options, than puts
Call options by funds: $389K | Put options by funds: $916K
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$117M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$20.8M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$20.6M |
| 4 |
Morgan Stanley
New York
|
+$11.5M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$11.1M |
Top Sellers
GGB Hedge Fund Activity: Q2 2024 in Review
186 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q2 2024, worth a combined $1.07B — down 9.3% from $1.18B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new GGB positions and 23 closed out — a net gain of 8 holders — while 52 added to existing stakes and 83 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $117M. The largest seller was Capital International Investors, cutting an estimated $118M.
- 186 institutional investors held Gerdau (GGB) as of Q2 2024, up from 180 in Q1 2024.
- Funds reported $1.07B of Gerdau stock for Q2 2024, down 9.3% quarter-over-quarter.
- 31 funds opened new Gerdau positions in Q2 2024 and 23 closed out, a net change of +8 holders.
- The largest Gerdau buyer in Q2 2024 was Fidelity Investments, an estimated $117M added.
- The largest Gerdau seller in Q2 2024 was Capital International Investors, an estimated $118M sold.
Based on aggregated 13F filings for Q2 2024.