Aquatic Capital Management LLC

Position in GGB — Gerdau S.A.

CIK 1803916 CHICAGO, IL

Position in GGB

as of Mar 31, 2026 · filed May 15, 2026 Compact

Position Value

$5,014,806

+$1,218,158 QoQ

Shares Held

1,389,143

+35.0% QoQ

Ownership

0.111%

of shares outstanding

% of Portfolio

0.14%

of 13F equity value

Holder Rank

—

not a current holder

Holding Since

Dec 2021

14 quarters on record

Voting authority Sole 0.ToString("F0")% Shared 0.ToString("F0")% None 100.ToString("F0")%

Basic Materials · as of Mar 31, 2026

Aquatic Capital Management LLC holds $26,069,350 across 7 Steel names. GGB ranks #3 (19.2% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	CLF	Cleveland-Cliffs Inc.	1,534,652	$12,967,809
2	RS	Reliance, Inc.	20,315	$6,174,134
3	GGB	Gerdau S.A. This page	1,389,143	$5,014,806
4	PKX	Posco Holdings Inc.	11,502	$672,751
5	NWPX	NWPX Infrastructure, Inc.	6,970	$542,684
6	TX	Ternium S.A.	12,503	$501,995
7	ASTL	Algoma Steel Group Inc.	47,257	$195,171

14 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$5,014,806	1,389,143	+35.0%	Shares	Sole	2026-05-15
2025-12-31	$3,796,648	1,028,902	+49.7%	Shares	Sole	2026-02-17
2025-09-30	$2,131,144	687,466	+132.7%	Shares	Sole	2025-11-14
2025-06-30	$862,751	295,463	-7.0%	Shares	Sole	2025-08-14
2025-03-31	$902,248	317,693	+201.4%	Shares	Sole	2025-05-15
2024-06-30	$347,820	105,400	-73.5%	Shares	Sole	2024-08-14
2023-12-31	$1,608,192	397,900	+7134.5%	Shares	Sole	2024-02-14
2023-09-30	$21,862	5,500	-95.8%	Shares	Sole	2023-11-14
2023-06-30	$575,940	132,400	+37.1%	Shares	Sole	2023-08-14
2023-03-31	$396,861	96,600	-27.0%	Shares	Sole	2023-05-15
2022-12-31	$581,696	132,300	+374.2%	Shares	Sole	2023-02-14
2022-06-30	$94,993	27,900	+3885.7%	Shares	Sole	2022-08-15
2022-03-31	$3,572	700	-86.8%	Shares	Sole	2022-05-16
2021-12-31	$20,695	5,300	—	Shares	Sole	2022-02-14
No filing history on record for this holder in this stock.