Sagil Capital LLP

Holdings History for GERDAU S.A. - SPON ADR REP PFD (GGB)

Symbol: GGB on NYSE
Investment type: Equity - Shares of Stock
Class: SPON ADR REP PFD

Shares, Excluding Options vs Price

Value, Excluding Options

Holdings date	Weight	Change	Value $	Shares	Change	Activity %	Price	All Holders
3/31/2025	9.62%	+9.62%	$11.1M	3.9M	+3,900,000	NEW	$2.84	Q1 2025
9/30/2022		-2.24%	$0	0	-500,000	-100%		Q3 2022
6/30/2022	2.24%	+2.24%	$2.15M	500K	+500,000	NEW	$4.29	Q2 2022
9/30/2019		-5.72%	$0	0	-2,000,000	-100%		Q3 2019
6/30/2019	5.72%	+5.72%	$7.78M	2M	+2,000,000	NEW	$3.89	Q2 2019
9/30/2018		-6.92%	$0	0	-2,022,862	-100%		Q3 2018
6/30/2018	6.92%	-0.85%	$7.16M	2.02M	-248,800	-11%	$3.54	Q2 2018
3/31/2018	7.15%		$10.6M	2.27M			$4.66	Q1 2018
12/31/2017	6.18%		$8.45M	2.27M			$3.72	Q4 2017

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.