DONALD SMITH & CO., INC. GGB — GERDAU SA

Ownership history in DONALD SMITH & CO., INC.  ·  4 quarters on record

AI Ownership Summary

DONALD SMITH & CO., INC. reported GERDAU SA (GGB) in 4 quarterly 13F filings from 2025 Q2 through 2026 Q1. Peak portfolio weight reached 1.67% in 2025 Q4. The latest visible filing shows GGB at 1.57% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this GGB ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was DONALD SMITH & CO., INC.'s position in GERDAU SA, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q1

GGB was reported at 1.57% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
1.67% in 2025 Q4

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2025 Q2 to 2026 Q1

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

GGB stock page DONALD SMITH & CO., INC. fund profile DONALD SMITH & CO., INC. full holdings
How DONALD SMITH & CO., INC. held GGB — position size vs. price
% of Fund (quarterly)    GGB price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 4 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q1 REDUCED — — — 24,140,583 -71,005 -0.3% 1.57% $87.1M 2026-05-14 $4.67
2025 Q4 ADDED — — — 24,211,588 +7,982,296 +49.2% 1.67% $89.3M 2026-02-11 $4.29
2025 Q3 ADDED — — — 16,229,292 +10,256,832 +171.7% 1.00% $50.3M 2025-11-13 $3.52
2025 Q2 INITIATED — — — 5,972,460 — — 0.41% $17.4M 2025-08-13 $2.99

🏢 Other funds also holding GGB

As of 2026 Q1 — sorted by position size

CONTRARIAN CAPITAL MANAGEMENT, L.L.C. 3Y 7Y 19.3% Aquamarine Financial (Cayman) Ltd 4.42% Kapitalo Investimentos Ltda 1.81% SPX Gestao de Recursos Ltda 3Y 7Y 1.28% Navi International - Administradora e Gestora de Recursos Financeiros Ltda. 0.99% Itau Unibanco Holding S.A. 3Y 7Y 0.77% CAUSEWAY CAPITAL MANAGEMENT LLC 3Y 7Y 0.3% Virtus Family Office LLC 3Y 0.3% BTG Pactual Asset Management US LLC 0.24% Hartree Partners, LP 3Y 7Y 0.16%

FAQ About DONALD SMITH & CO., INC. and GGB

These are the practical questions this page is built to answer before you even open the full history table.

How long has DONALD SMITH & CO., INC. reported owning GGB?

DONALD SMITH & CO., INC. reported GGB across 4 quarterly 13F filings, from 2025 Q2 through 2026 Q1.

What was the largest reported GGB position in DONALD SMITH & CO., INC.'s portfolio?

The largest reported portfolio weight for GGB was 1.67% in 2025 Q4.

What is the latest reported GGB position on this page?

The most recent filing on this page is 2026 Q1, when DONALD SMITH & CO., INC. reported 24,140,583 shares, equal to 1.57% of portfolio, with an estimated market value of $87.1M.

What does the chart on this GGB ownership page compare?

The chart compares DONALD SMITH & CO., INC.'s quarterly GGB portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did DONALD SMITH & CO., INC. time their GGB position?

Based on 13F filing dates vs. subsequent GGB price moves, DONALD SMITH & CO., INC. correctly timed 3 out of 3 reported position changes (100%). The annualised alpha on GGB relative to SPY over the holding period was +107.2%.

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