Gerdau
201 hedge funds and large institutions have $1.44B invested in Gerdau in 2023 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 63 increasing their positions, 76 reducing their positions, and 49 closing their positions.
67% more call options, than puts
Call options by funds: $8.13M | Put options by funds: $4.86M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less capital invested
Capital invested by funds: $1.5B → $1.44B (-$61.4M)
2.33% less ownership
Funds ownership: 30.91% → 28.58% (-2.3%)
9% less funds holding
Funds holding: 221 → 201 (-20)
17% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 76
41% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$32.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$23.6M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$14.4M |
| 4 |
Goldman Sachs
New York
|
+$12.8M |
| 5 |
MSAGDF
Moneda SA Administradora General de Fondos
Las Condes, Santiago,
Chile
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$72.7M |
| 2 |
Optiver Holding
Amsterdam,
Netherlands
|
-$27M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$24.7M |
| 4 |
Morgan Stanley
New York
|
-$21.1M |
| 5 |
Renaissance Technologies
New York
|
-$13.8M |
GGB Hedge Fund Activity: Q2 2023 in Review
201 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q2 2023, worth a combined $1.44B — down 4.1% from $1.5B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of GGB and 29 opened new positions — a net loss of 20 holders — while 76 trimmed existing stakes and 63 added.
The largest buyer was Man Group, opening a new position worth an estimated $32.2M. The largest seller was Arrowstreet Capital, cutting an estimated $72.7M.
- 201 institutional investors held Gerdau (GGB) as of Q2 2023, down from 221 in Q1 2023.
- Funds reported $1.44B of Gerdau stock for Q2 2023, down 4.1% quarter-over-quarter.
- 29 funds opened new Gerdau positions in Q2 2023 and 49 closed out, a net change of -20 holders.
- The largest Gerdau buyer in Q2 2023 was Man Group, an estimated $32.2M added.
- The largest Gerdau seller in Q2 2023 was Arrowstreet Capital, an estimated $72.7M sold.
Based on aggregated 13F filings for Q2 2023.