Gerdau
170 hedge funds and large institutions have $1.6B invested in Gerdau in 2021 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 56 increasing their positions, 40 reducing their positions, and 15 closing their positions.
205% more call options, than puts
Call options by funds: $16.5M | Put options by funds: $5.4M
193% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 15
40% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 40
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
19% more funds holding
Funds holding: 143 → 170 (+27)
17% more capital invested
Capital invested by funds: $1.37B → $1.6B (+$232M)
1.66% more ownership
Funds ownership: 28.13% → 29.79% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$60.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$46.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$42.6M |
| 4 |
Morgan Stanley
New York
|
+$37.4M |
| 5 |
Renaissance Technologies
New York
|
+$25.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$139M |
| 2 |
JP Morgan Chase
New York
|
-$65.7M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$23.5M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.98M |
| 5 |
CII
Capital International Inc
Los Angeles,
California
|
-$5.85M |
GGB Hedge Fund Activity: Q2 2021 in Review
170 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q2 2021, worth a combined $1.6B — up 17% from $1.37B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new GGB positions and 15 closed out — a net gain of 29 holders — while 56 added to existing stakes and 40 trimmed.
The largest buyer was BlackRock, adding an estimated $60.5M. The largest seller was Capital International Investors, cutting an estimated $139M.
- 170 institutional investors held Gerdau (GGB) as of Q2 2021, up from 143 in Q1 2021.
- Funds reported $1.6B of Gerdau stock for Q2 2021, up 17% quarter-over-quarter.
- 44 funds opened new Gerdau positions in Q2 2021 and 15 closed out, a net change of +29 holders.
- The largest Gerdau buyer in Q2 2021 was BlackRock, an estimated $60.5M added.
- The largest Gerdau seller in Q2 2021 was Capital International Investors, an estimated $139M sold.
Based on aggregated 13F filings for Q2 2021.