Nine Chapters Capital Management’s Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) GOL Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Shares
Change %
Capital Flow Portfolio Weight Portfolio Position
2015
Q1
Sell
-7,550
Closed -$87K 1170
2014
Q4
$87K Sell
7,550
-9,400
-55% -$108K 0.01% 880
2014
Q3
$163K Buy
16,950
+500
+3% +$4.81K 0.01% 880
2014
Q2
$180K Buy
+16,450
New +$180K 0.01% 839
2013
Q4
Sell
-9,800
Closed -$96K 973
2013
Q3
$96K Sell
9,800
-17,450
-64% -$171K 0.01% 698
2013
Q2
$183K Buy
+27,250
New +$183K 0.03% 556