Itau USA Asset Management’s Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) GOL Stock Holding History

Itau USA Asset Management’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
2013 Q3	–	Sell	-326,900	Closed	-$2.19M	–	125
2013 Q2	$2.19M	Buy	+326,900	New	+$3.39M	0.55%	31

Other funds holding GOL

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

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

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

MNA

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

Ashmore Group London, United Kingdom $16.3M AUM 57.83% 1-Year Est. Return

RFC

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

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

State of New Jersey Common Pension Fund D Trenton, New Jersey $25.9B AUM 26.38% 1-Year Est. Return

COPM

Charter Oak Partners Management Westport, Connecticut $133M AUM 11.58% 1-Year Est. Return

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

Itau USA Asset Management's GOL Position: Q3 2013 in Review

Itau USA Asset Management sold out of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) in Q3 2013, closing a stake of 326,900 shares — an estimated $2.19M sold.

Itau USA Asset Management first reported a position in GOL in Q2 2013 and held it in 1 quarter. The position peaked at $2.19M in Q2 2013. 70 funds tracked by Wall St. Rank hold GOL as of Q3 2013.

Itau USA Asset Management reported no remaining Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) position as of Q3 2013 after selling out during the quarter.
Itau USA Asset Management sold 326,900 Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) shares in Q3 2013, an estimated $2.19M.
Itau USA Asset Management 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 1 quarter.
Itau USA Asset Management's Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) position peaked at $2.19M in Q2 2013.
70 funds tracked by Wall St. Rank held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) as of Q3 2013.

Based on Itau USA Asset Management's 13F filing for Q3 2013, filed 14 Nov 2013.