Gerdau
137 hedge funds and large institutions have $637M invested in Gerdau in 2016 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 33 increasing their positions, 51 reducing their positions, and 16 closing their positions.
174% more call options, than puts
Call options by funds: $2.25M | Put options by funds: $821K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
63% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 16
19% more capital invested
Capital invested by funds: $534M → $637M (+$103M)
5% more funds holding
Funds holding: 131 → 137 (+6)
0.68% more ownership
Funds ownership: 21.57% → 22.25% (+0.68%)
35% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$52.4M |
| 2 |
JP Morgan Chase
New York
|
+$20.3M |
| 3 |
ICP
Indus Capital Partners
New York
|
+$13M |
| 4 |
PSCM
Prince Street Capital Management
New York
|
+$12.6M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$5.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$31.6M |
| 2 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$23.2M |
| 3 |
Renaissance Technologies
New York
|
-$11.9M |
| 4 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$7.81M |
| 5 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$6.25M |
GGB Hedge Fund Activity: Q4 2016 in Review
137 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q4 2016, worth a combined $637M — up 19% from $534M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new GGB positions and 16 closed out — a net gain of 10 holders — while 33 added to existing stakes and 51 trimmed.
The largest buyer was Axiom Investors, adding an estimated $52.4M. The largest seller was Morgan Stanley, cutting an estimated $31.6M.
- 137 institutional investors held Gerdau (GGB) as of Q4 2016, up from 131 in Q3 2016.
- Funds reported $637M of Gerdau stock for Q4 2016, up 19% quarter-over-quarter.
- 26 funds opened new Gerdau positions in Q4 2016 and 16 closed out, a net change of +10 holders.
- The largest Gerdau buyer in Q4 2016 was Axiom Investors, an estimated $52.4M added.
- The largest Gerdau seller in Q4 2016 was Morgan Stanley, an estimated $31.6M sold.
Based on aggregated 13F filings for Q4 2016.