Gerdau
225 hedge funds and large institutions have $1.48B invested in Gerdau in 2022 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 80 increasing their positions, 61 reducing their positions, and 24 closing their positions.
162% more call options, than puts
Call options by funds: $11.1M | Put options by funds: $4.24M
150% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 24
46% more capital invested
Capital invested by funds: $1.01B → $1.48B (+$468M)
31% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 61
17% more funds holding
Funds holding: 192 → 225 (+33)
7.62% more ownership
Funds ownership: 24.62% → 32.25% (+7.6%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$103M |
| 2 |
Millennium Management
New York
|
+$56.4M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$42.9M |
| 4 |
Two Sigma Investments
New York
|
+$22.1M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
-$29.2M |
| 2 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$17.3M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$13.5M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$9.99M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$5.96M |
GGB Hedge Fund Activity: Q4 2022 in Review
225 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q4 2022, worth a combined $1.48B — up 46% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new GGB positions and 24 closed out — a net gain of 36 holders — while 80 added to existing stakes and 61 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $103M. The largest seller was Fisher Asset Management, cutting an estimated $29.2M.
- 225 institutional investors held Gerdau (GGB) as of Q4 2022, up from 192 in Q3 2022.
- Funds reported $1.48B of Gerdau stock for Q4 2022, up 46% quarter-over-quarter.
- 60 funds opened new Gerdau positions in Q4 2022 and 24 closed out, a net change of +36 holders.
- The largest Gerdau buyer in Q4 2022 was Arrowstreet Capital, an estimated $103M added.
- The largest Gerdau seller in Q4 2022 was Fisher Asset Management, an estimated $29.2M sold.
Based on aggregated 13F filings for Q4 2022.