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

Wolverine 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
2014 Q4	–	Sell	-2,500	Closed	-$24K	–	2567
2014 Q3	$24K	Sell	2,500 -23,048	-90%	-$276K	﹤0.01%	1762
2014 Q2	$280K	Hold	25,548	–	–	0.01%	800
2014 Q1	$248K	Hold	25,548	–	–	0.01%	810
2013 Q4	$233K	Sell	25,548 -2,500	-9%	-$23.4K	﹤0.01%	1096
2013 Q3	$274K	Buy	28,048 +4,000	+17%	+$30.8K	0.01%	1027
2013 Q2	$161K	Buy	+24,048	New	+$250K	﹤0.01%	1214

Other funds holding GOL

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

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

BAMCO Inc New York $33.1B AUM 11.16% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

MNA

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

Whitebox Advisors Minneapolis, Minnesota $8.12B AUM 15.85% 1-Year Est. Return

CCM

Contrarian Capital Management Greenwich, Connecticut $357M AUM 18.27% 1-Year Est. Return

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

Mangrove Partners Greenwich, Connecticut $1.24B AUM 41.74% 1-Year Est. Return

RFC

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

Wolverine Asset Management's GOL Position: Q4 2014 in Review

Wolverine Asset Management sold out of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) in Q4 2014, closing a stake of 2,500 shares — an estimated $24K sold.

Wolverine Asset Management first reported a position in GOL in Q2 2013 and held it in 6 quarters. The position peaked at $280K in Q2 2014. 66 funds tracked by Wall St. Rank hold GOL as of Q4 2014.

Wolverine Asset Management reported no remaining Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) position as of Q4 2014 after selling out during the quarter.
Wolverine Asset Management sold 2,500 Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) shares in Q4 2014, an estimated $24K.
Wolverine 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 6 quarters.
Wolverine Asset Management's Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) position peaked at $280K in Q2 2014.
66 funds tracked by Wall St. Rank held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) as of Q4 2014.

Based on Wolverine Asset Management's 13F filing for Q4 2014, filed 12 Feb 2015.