Gerdau
125 hedge funds and large institutions have $289M invested in Gerdau in 2015 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 40 increasing their positions, 49 reducing their positions, and 19 closing their positions.
1,723% more call options, than puts
Call options by funds: $2M | Put options by funds: $110K
1.35% less ownership
Funds ownership: 27.84% → 26.49% (-1.4%)
4% less funds holding
Funds holding: 130 → 125 (-5)
15% less capital invested
Capital invested by funds: $340M → $289M (-$50.7M)
18% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 49
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$12.9M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$12.8M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$5.62M |
| 4 |
Renaissance Technologies
New York
|
+$3.47M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$3.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$14.2M |
| 2 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$9.51M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$7.07M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.11M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$3.82M |
GGB Hedge Fund Activity: Q4 2015 in Review
125 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q4 2015, worth a combined $289M — down 15% from $340M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of GGB and 15 opened new positions — a net loss of 4 holders — while 49 trimmed existing stakes and 40 added.
The largest buyer was Lazard Asset Management, adding an estimated $12.9M. The largest seller was Genesis Asset Managers, exiting entirely with an estimated $14.2M sold.
- 125 institutional investors held Gerdau (GGB) as of Q4 2015, down from 130 in Q3 2015.
- Funds reported $289M of Gerdau stock for Q4 2015, down 15% quarter-over-quarter.
- 15 funds opened new Gerdau positions in Q4 2015 and 19 closed out, a net change of -4 holders.
- The largest Gerdau buyer in Q4 2015 was Lazard Asset Management, an estimated $12.9M added.
- The largest Gerdau seller in Q4 2015 was Genesis Asset Managers, an estimated $14.2M sold.
Based on aggregated 13F filings for Q4 2015.