Bank of New York Mellon’s Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) GOL Stock Holding History

Bank of New York Mellon’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
2015 Q2	–	Sell	-1,188,113	Closed	-$5.77M	–	4342
2015 Q1	$5.77M	Sell	1,188,113 -860,520	-42%	-$6.69M	﹤0.01%	2237
2014 Q4	$23.6M	Buy	2,048,633 +401,018	+24%	+$4.11M	0.01%	1347
2014 Q3	$15.8M	Buy	+1,647,615	New	+$19.7M	﹤0.01%	1605

Other funds holding GOL

Whitebox Advisors Minneapolis, Minnesota $8.12B AUM 15.82% 1-Year Est. Return

Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return

JHIU

Janus Henderson Investors US Denver, Colorado $122B AUM 18.26% 1-Year Est. Return

MNA

Manning & Napier Advisors Fairport, New York $7.09B AUM 17.35% 1-Year Est. Return

EDRH

Edmond de Rothschild Holding Chambesy, Switzerland $7.59B AUM 23.44% 1-Year Est. Return

EDRAMF

Edmond de Rothschild Asset Management (France) Paris, France $2.3B AUM 15.71% 1-Year Est. Return

Grantham, Mayo, Van Otterloo & Co (GMO) Boston, Massachusetts $39.1B AUM 28.69% 1-Year Est. Return

RFC

Russell Frank Company Seattle, Washington $56.9B AUM 2.13% 1-Year Est. Return

BAMCO Inc New York $33.1B AUM 11.16% 1-Year Est. Return

CCA

Castle Creek Arbitrage Avon, Colorado $425M AUM 7.4% 1-Year Est. Return

Bank of New York Mellon's GOL Position: Q2 2015 in Review

Bank of New York Mellon sold out of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) in Q2 2015, closing a stake of 1,188,113 shares — an estimated $5.77M sold.

Bank of New York Mellon first reported a position in GOL in Q3 2014 and held it in 3 quarters. The position peaked at $23.6M in Q4 2014. 56 funds tracked by Wall St. Rank hold GOL as of Q2 2015.

Bank of New York Mellon reported no remaining Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) position as of Q2 2015 after selling out during the quarter.
Bank of New York Mellon sold 1,188,113 Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) shares in Q2 2015, an estimated $5.77M.
Bank of New York Mellon first reported a position in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in Q3 2014 and held it in 3 quarters.
Bank of New York Mellon's Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) position peaked at $23.6M in Q4 2014.
56 funds tracked by Wall St. Rank held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) as of Q2 2015.

Based on Bank of New York Mellon's 13F filing for Q2 2015, filed 6 Aug 2015.