Gerdau
149 hedge funds and large institutions have $1.52B invested in Gerdau in 2013 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 44 increasing their positions, 49 reducing their positions, and 14 closing their positions.
179% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 14
37% more capital invested
Capital invested by funds: $1.1B → $1.52B (+$412M)
19% more funds holding
Funds holding: 125 → 149 (+24)
1.09% more ownership
Funds ownership: 21.26% → 22.35% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
10% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 49
58% less call options, than puts
Call options by funds: $3.94M | Put options by funds: $9.39M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$68.2M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$44.8M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$28.6M |
| 4 |
BG
BlackRock Group
London,
United Kingdom
|
+$27.7M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
-$162M |
| 2 |
Renaissance Technologies
New York
|
-$31.3M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$15.9M |
| 4 |
Bank of New York Mellon
New York
|
-$13.9M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$9.12M |
GGB Hedge Fund Activity: Q3 2013 in Review
149 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q3 2013, worth a combined $1.52B — up 37% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new GGB positions and 14 closed out — a net gain of 25 holders — while 44 added to existing stakes and 49 trimmed.
The largest buyer was Systematic Financial Management, opening a new position worth an estimated $68.2M. The largest seller was UBS AM, cutting an estimated $162M.
- 149 institutional investors held Gerdau (GGB) as of Q3 2013, up from 125 in Q2 2013.
- Funds reported $1.52B of Gerdau stock for Q3 2013, up 37% quarter-over-quarter.
- 39 funds opened new Gerdau positions in Q3 2013 and 14 closed out, a net change of +25 holders.
- The largest Gerdau buyer in Q3 2013 was Systematic Financial Management, an estimated $68.2M added.
- The largest Gerdau seller in Q3 2013 was UBS AM, an estimated $162M sold.
Based on aggregated 13F filings for Q3 2013.