Gerdau S.A. - Depositary Receipt (Common Stock)
US ˙ NYSE ˙ US3737371050

SecurityGGB / Gerdau S.A. - Depositary Receipt (Common Stock)
InstitutionSigma Planning Corp
Latest Disclosed Ownership13,426 shares
Latest Disclosed Value $ 48,469
Sigma Planning Corp reports 22.51% decrease in ownership of GGB / Gerdau S.A. - Depositary Receipt (Common Stock)

On May 4, 2026 - Sigma Planning Corp filed a 13F-HR form disclosing ownership of 13,426 shares of Gerdau S.A. - Depositary Receipt (Common Stock) (US:GGB) valued at $48,468 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 30, 2026 disclosing 17,325 shares of Gerdau S.A. - Depositary Receipt (Common Stock). This represents a change in shares of -22.51% during the quarter. The current value of the position is $63,774 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-04 2026-03-31 13F GERDAU SPON ADR REP PFD 373737105 13,426 -3,899 -22.51 48 -23.81 0.0013
2026-01-30 2025-12-31 13F GERDAU SPON ADR REP PFD 373737105 17,325 73 0.42 64 18.87 0.0018
2025-11-10 2025-09-30 13F GERDAU SPON ADR REP PFD 373737105 17,252 92 0.54 53 6.00 0.0015
2025-08-05 2025-06-30 13F GERDAU SPON ADR REP PFD 373737105 17,160 849 5.21 50 8.70 0.0015
2025-05-02 2025-03-31 13F GERDAU SPON ADR REP PFD 373737105 16,311 16,311 46 0.0015
2025-02-03 2024-12-31 13F GERDAU SPON ADR REP PFD 373737105 0 -12,747 -100.00 0 -100.00
2024-11-04 2024-09-30 13F GERDAU SPON ADR REP PFD 373737105 12,747 85 0.67 45 7.32 0.0014
2024-08-06 2024-06-30 13F GERDAU SPON ADR REP PFD 373737105 12,662 2,284 22.01 42 -8.89 0.0013
2024-05-02 2024-03-31 13F GERDAU SPON ADR REP PFD 373737105 10,378 10,378 46 0.0014
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.