Gerdau
173 hedge funds and large institutions have $1.51B invested in Gerdau in 2022 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 65 increasing their positions, 45 reducing their positions, and 21 closing their positions.
71% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 21
44% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 45
31% more capital invested
Capital invested by funds: $1.15B → $1.51B (+$355M)
7% more funds holding
Funds holding: 161 → 173 (+12)
3% more call options, than puts
Call options by funds: $9.77M | Put options by funds: $9.5M
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.03% less ownership
Funds ownership: 25.81% → 25.78% (-0.03%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$13.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.38M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$8.74M |
| 4 |
Millennium Management
New York
|
+$8.54M |
| 5 |
BlackRock
New York
|
+$8.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$37.3M |
| 2 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$16.5M |
| 3 |
Renaissance Technologies
New York
|
-$11.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$9.04M |
| 5 |
ICP
Indus Capital Partners
New York
|
-$6.59M |
GGB Hedge Fund Activity: Q1 2022 in Review
173 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q1 2022, worth a combined $1.51B — up 31% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new GGB positions and 21 closed out — a net gain of 15 holders — while 65 added to existing stakes and 45 trimmed.
The largest buyer was Bank of America, adding an estimated $13.1M. The largest seller was Itau Unibanco Holding S.A., cutting an estimated $37.3M.
- 173 institutional investors held Gerdau (GGB) as of Q1 2022, up from 161 in Q4 2021.
- Funds reported $1.51B of Gerdau stock for Q1 2022, up 31% quarter-over-quarter.
- 36 funds opened new Gerdau positions in Q1 2022 and 21 closed out, a net change of +15 holders.
- The largest Gerdau buyer in Q1 2022 was Bank of America, an estimated $13.1M added.
- The largest Gerdau seller in Q1 2022 was Itau Unibanco Holding S.A., an estimated $37.3M sold.
Based on aggregated 13F filings for Q1 2022.