Jeremy Grantham's GGB Position Overview
Jeremy Grantham (via Grantham, Mayo, Van Otterloo & Co. LLC) currently holds 586,191 shares of Gerdau S.A. (GGB) worth $2.16 M, representing 0.01% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 38 quarters.
Based on 13F filings, Jeremy Grantham has maintained a strategic position in GGB, demonstrating sustained confidence in this investment. Largest addition occurred in Q4 2022, adding 4.98 M shares. Largest reduction occurred in Q4 2015, reducing 3.29 M shares.
Analysis based on 13F filings available since 2013 Q2
Jeremy Grantham's Gerdau (GGB) Holding Value Over Time
Track share changes against reported price movement
Quarterly Gerdau (GGB) Trades by Jeremy Grantham
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -55,132 | Reduce 8.60% | 586,191 | $3.69 |
| Q3 2025 | -60,697 | Reduce 8.65% | 641,323 | $3.10 |
| Q2 2025 | -2.93 M | Reduce 80.66% | 702,020 | $2.92 |
| Q1 2025 | -1.17 M | Reduce 24.44% | 3.63 M | $2.84 |
| Q4 2024 | +1.56 M | Add 47.97% | 4.8 M | $2.88 |
| Q3 2024 | -651,428 | Reduce 16.71% | 3.25 M | $3.50 |
| Q2 2024 | -2.81 M | Reduce 41.85% | 3.9 M | $3.30 |
| Q1 2024 | -746,191 | Reduce 10.02% | 6.7 M | $3.68 |
| Q4 2023 | -2.34 M | Reduce 23.88% | 7.45 M | $4.04 |
| Q3 2023 | -160,056 | Reduce 1.61% | 9.79 M | $3.97 |
| Q2 2023 | +1.85 M | Add 22.83% | 9.95 M | $4.35 |
| Q1 2023 | +2.84 M | Add 54.09% | 8.1 M | $4.11 |
| Q4 2022 | +4.98 M | Add 1787.98% | 5.25 M | $4.40 |
| Q3 2022 | +178,164 | Add 177.86% | 278,334 | $3.59 |
| Q2 2022 | -319,788 | Reduce 76.15% | 100,170 | $3.40 |
| Q1 2022 | +419,958 | New Buy | 419,958 | $5.10 |
| Q3 2021 | -1.21 M | Sold Out | 0 | $0.00 |
| Q2 2021 | +1.21 M | New Buy | 1.21 M | $4.68 |
| Q3 2019 | -44,352 | Sold Out | 0 | $0.00 |
| Q3 2018 | +44,352 | New Buy | 44,352 | $3.34 |
| Q3 2017 | -337,806 | Sold Out | 0 | $0.00 |
| Q2 2017 | +200,592 | Add 146.19% | 337,806 | $2.42 |
| Q1 2017 | +137,214 | New Buy | 137,214 | $2.74 |
| Q1 2016 | -335,311 | Sold Out | 0 | $0.00 |
| Q4 2015 | -3.29 M | Reduce 90.74% | 335,311 | $0.95 |
| Q3 2015 | -2.28 M | Reduce 38.61% | 3.62 M | $1.09 |
| Q2 2015 | -1.46 M | Reduce 19.81% | 5.9 M | $1.91 |
| Q1 2015 | -320,166 | Reduce 4.17% | 7.36 M | $2.54 |
| Q4 2014 | +3.23 M | Add 72.43% | 7.68 M | $2.82 |
| Q3 2014 | +113,778 | Add 2.62% | 4.45 M | $3.81 |
| Q2 2014 | -170,676 | Reduce 3.78% | 4.34 M | $4.67 |
| Q1 2014 | +360,738 | Add 8.69% | 4.51 M | $5.09 |
| Q4 2013 | +73,042 | Add 1.79% | 4.15 M | $6.22 |
| Q3 2013 | -240,660 | Reduce 5.57% | 4.08 M | $5.92 |
| Q2 2013 | +4.32 M | Add 0.00% | 4.32 M | $4.53 |
Jeremy Grantham's Gerdau Investment FAQs
Jeremy Grantham first purchased Gerdau S.A. (GGB) in Q2 2013, acquiring 4,317,434 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham has held Gerdau S.A. (GGB) for 38 quarters since Q2 2013.
Jeremy Grantham's largest addition to Gerdau S.A. (GGB) was in Q4 2022, adding 5,254,899 shares worth $23.1 M.
According to the latest 13F filing for Q4 2025, Jeremy Grantham's firm, Grantham, Mayo, Van Otterloo & Co. LLC, owns 586,191 shares of Gerdau S.A. (GGB), valued at approximately $2.16 M.
As of the Q4 2025 filing, Gerdau S.A. (GGB) represents approximately 0.01% of Jeremy Grantham's publicly disclosed stock portfolio, making it one of their key holdings.
Jeremy Grantham's peak holding in Gerdau S.A. (GGB) was 9,946,332 shares, as reported at the end of Q2 2023.