Commonwealth of Pennsylvania Public School Employees Retirement System’s Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) GOL Stock Holding History

Commonwealth of Pennsylvania Public School Employees Retirement System’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	-15,237	Closed	-$74K	–	1277
2015 Q1	$74K	Hold	15,237	–	–	﹤0.01%	1165
2014 Q4	$175K	Hold	15,237	–	–	﹤0.01%	1174
2014 Q3	$147K	Buy	+15,237	New	+$182K	﹤0.01%	1157

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

Commonwealth of Pennsylvania Public School Employees Retirement System's GOL Position: Q2 2015 in Review

Commonwealth of Pennsylvania Public School Employees Retirement System 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 15,237 shares — an estimated $74K sold.

Commonwealth of Pennsylvania Public School Employees Retirement System first reported a position in GOL in Q3 2014 and held it in 3 quarters. The position peaked at $175K in Q4 2014. 56 funds tracked by Wall St. Rank hold GOL as of Q2 2015.

Commonwealth of Pennsylvania Public School Employees Retirement System 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.
Commonwealth of Pennsylvania Public School Employees Retirement System sold 15,237 Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) shares in Q2 2015, an estimated $74K.
Commonwealth of Pennsylvania Public School Employees Retirement System 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.
Commonwealth of Pennsylvania Public School Employees Retirement System's Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) position peaked at $175K 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 Commonwealth of Pennsylvania Public School Employees Retirement System's 13F filing for Q2 2015, filed 24 Aug 2015.