A.R.T. Advisors’s Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) GOL Stock Holding History

A.R.T. Advisors’s Portfolio GOL Stock Details GOL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q1	–	Sell	-109,569	Closed	-$1.98M	–	1097
2019 Q4	$1.98M	Buy	109,569 +62,100	+131%	+$1.06M	0.1%	296
2019 Q3	$734K	Sell	47,469 -16,300	-26%	-$299K	0.04%	698
2019 Q2	$1.08M	Buy	63,769 +11,100	+21%	+$147K	0.06%	441
2019 Q1	$687K	Buy	+52,669	New	+$734K	0.04%	627
2018 Q2	–	Sell	-17,474	Closed	-$226K	–	1833
2018 Q1	$226K	Buy	+17,474	New	+$195K	0.01%	1229
2015 Q4	–	Sell	-193,874	Closed	-$377K	–	1776
2015 Q3	$377K	Sell	193,874 -1,900	-1%	-$5.58K	0.01%	964
2015 Q2	$927K	Buy	+195,774	New	+$1.01M	0.03%	751
2014 Q4	–	Sell	-102,368	Closed	-$984K	–	1714
2014 Q3	$984K	Buy	102,368 +30,350	+42%	+$363K	0.05%	509
2014 Q2	$789K	Buy	+72,018	New	+$844K	0.04%	579
2013 Q3	–	Sell	-168,230	Closed	-$1.13M	–	1543
2013 Q2	$1.13M	Buy	+168,230	New	+$1.75M	0.04%	590

Other funds holding GOL

CCM

Contrarian Capital Management Greenwich, Connecticut $357M AUM 18.27% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

CII

Capital International Inc Los Angeles, California $13B AUM 31.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

EWA

Evolution Wealth Advisors Aventura, Florida $981M AUM 21.2% 1-Year Est. Return

USGIU

U.S. Global Investors (USGI) San Antonio, Texas $858M AUM 47.1% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

A.R.T. Advisors's GOL Position: Q1 2020 in Review

A.R.T. Advisors sold out of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) in Q1 2020, closing a stake of 109,569 shares — an estimated $1.98M sold.

A.R.T. Advisors first reported a position in GOL in Q2 2013 and held it in 10 quarters. The position peaked at $1.98M in Q4 2019. 60 funds tracked by Wall St. Rank hold GOL as of Q1 2020.

A.R.T. Advisors reported no remaining Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) position as of Q1 2020 after selling out during the quarter.
A.R.T. Advisors sold 109,569 Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) shares in Q1 2020, an estimated $1.98M.
A.R.T. Advisors first reported a position in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in Q2 2013 and held it in 10 quarters.
A.R.T. Advisors's Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) position peaked at $1.98M in Q4 2019.
60 funds tracked by Wall St. Rank held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) as of Q1 2020.

Based on A.R.T. Advisors's 13F filing for Q1 2020, filed 15 May 2020.