Bank of America cuts Gerdau stake below 5% to 4.12%
GGB•Bank of America stake disclosure
Bank of America cut its stake in Gerdau below the 5% disclosure threshold on Aug. 21, 2026.
- Physically settled holdings fell to 51,975,760 preferred shares, equal to 4.12% of 1,261,042,330 shares outstanding.
- Cash-settled long derivative position stood at 242,542 shares, representing 0.02%.
