Tipp Hill 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
2014
Q2
Sell
-262,500
Closed -$2.55M 32
2014
Q1
$2.55M Buy
262,500
+162,500
+163% +$1.58M 1.91% 23
2013
Q4
$914K Buy
+100,000
New +$914K 0.63% 25