Gerdau
186 hedge funds and large institutions have $1.12B invested in Gerdau in 2024 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 66 increasing their positions, 56 reducing their positions, and 26 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 56
4% more capital invested
Capital invested by funds: $1.07B → $1.12B (+$42.6M)
0% more funds holding
Funds holding: 186 → 186 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 26
0.45% less ownership
Funds ownership: 23.44% → 22.99% (-0.45%)
84% less call options, than puts
Call options by funds: $100K | Put options by funds: $610K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.1M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$27.8M |
| 3 |
Two Sigma Investments
New York
|
+$20.3M |
| 4 |
Two Sigma Advisers
New York
|
+$15M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$5.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$52.4M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$19.4M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$14.8M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$10.6M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$7.65M |
GGB Hedge Fund Activity: Q3 2024 in Review
186 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Gerdau (GGB) for Q3 2024, worth a combined $1.12B — up 4% from $1.07B a quarter earlier.
Fund positioning in GGB was balanced in Q3 2024: 26 funds opened new positions, 26 closed out, 66 added to existing stakes and 56 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $29.1M. The largest seller was Goldman Sachs, cutting an estimated $52.4M.
- 186 institutional investors held Gerdau (GGB) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $1.12B of Gerdau stock for Q3 2024, up 4% quarter-over-quarter.
- 26 funds opened new Gerdau positions in Q3 2024 and 26 closed out, a net change of 0 holders.
- The largest Gerdau buyer in Q3 2024 was Fidelity Investments, an estimated $29.1M added.
- The largest Gerdau seller in Q3 2024 was Goldman Sachs, an estimated $52.4M sold.
Based on aggregated 13F filings for Q3 2024.