Macquarie Group’s Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) GOL Stock Holding History

Macquarie Group’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
2019 Q1	–	Sell	-2,072,664	Closed	-$28.1M	–	2119
2018 Q4	$28.1M	Sell	2,072,664 -778,156	-27%	-$7.86M	0.05%	347
2018 Q3	$15.6M	Buy	2,850,820 +2,600	+0.1%	+$15.5K	0.03%	542
2018 Q2	$15.2M	Buy	2,848,220 +49,900	+2%	+$452K	0.03%	542
2018 Q1	$36.4M	Sell	2,798,320 -6,000	-0.2%	-$66.8K	0.07%	318
2017 Q4	$24.6M	Sell	2,804,320 -4,235	-0.2%	-$37.2K	0.04%	426
2017 Q3	$23.7M	Hold	2,808,555	–	–	0.04%	419
2017 Q2	$12.8M	Sell	2,808,555 -30,625	-1%	-$169K	0.02%	551
2017 Q1	$15M	Hold	2,839,180	–	–	0.03%	522
2016 Q4	$7.73M	Hold	2,839,180	–	–	0.01%	648
2016 Q3	$10.8M	Sell	2,839,180 -2,839,180	-50%	-$10M	0.02%	585
2016 Q2	$12M	Buy	5,678,360 +1,885,745	+50%	+$2.86M	0.01%	667
2016 Q1	$5.71M	Sell	3,792,615 -410,235	-10%	-$471K	0.01%	679
2015 Q4	$4.82M	Sell	4,202,850 -409,449	-9%	-$699K	0.01%	711
2015 Q3	$8.99M	Sell	4,612,299 -128,800	-3%	-$378K	0.02%	565
2015 Q2	$22.5M	Buy	4,741,099 +114,649	+2%	+$589K	0.04%	339
2015 Q1	$22.5M	Sell	4,626,450 -240,588	-5%	-$1.87M	0.04%	359
2014 Q4	$56M	Buy	4,867,038 +191,250	+4%	+$1.96M	0.12%	171
2014 Q3	$45M	Buy	4,675,788 +108,950	+2%	+$1.3M	0.1%	196
2014 Q2	$50.1M	Sell	4,566,838 -90,258	-2%	-$1.06M	0.11%	174
2014 Q1	$45.3M	Buy	4,657,096 +357,720	+8%	+$3.23M	0.08%	192
2013 Q4	$39.3M	Buy	4,299,376 +433,512	+11%	+$4.06M	0.07%	202
2013 Q3	$37.8M	Buy	3,865,864 +103,450	+3%	+$796K	0.07%	200
2013 Q2	$25.2M	Buy	+3,762,414	New	+$39M	0.06%	270

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

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Luminus Management Houston, Texas $166M AUM 75.95% 1-Year Est. Return

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

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

CII

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

CGM

Capital Growth Management Boston, Massachusetts $761M AUM 30.71% 1-Year Est. Return

CGT

Capital Guardian Trust Los Angeles, California $7.42B AUM 13.6% 1-Year Est. Return

GGHC

Gilder Gagnon Howe & Co New York $8.34B AUM 46.58% 1-Year Est. Return

Macquarie Group's GOL Position: Q1 2019 in Review

Macquarie Group sold out of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) in Q1 2019, closing a stake of 2,072,664 shares — an estimated $28.1M sold.

Macquarie Group first reported a position in GOL in Q2 2013 and held it in 23 quarters. The position peaked at $56M in Q4 2014. 87 funds tracked by Wall St. Rank hold GOL as of Q1 2019.

Macquarie Group reported no remaining Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) position as of Q1 2019 after selling out during the quarter.
Macquarie Group sold 2,072,664 Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) shares in Q1 2019, an estimated $28.1M.
Macquarie Group 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 23 quarters.
Macquarie Group's Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) position peaked at $56M in Q4 2014.
87 funds tracked by Wall St. Rank held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) as of Q1 2019.

Based on Macquarie Group's 13F filing for Q1 2019, filed 15 May 2019.