Azul
AZUL
AZUL was delisted on the 27th of May, 2025.
83 hedge funds and large institutions have $463M invested in Azul in 2020 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 18 closing their positions.
552% more call options, than puts
Call options by funds: $19.9M | Put options by funds: $3.06M
40% more capital invested
Capital invested by funds: $331M → $463M (+$132M)
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
4% more funds holding
Funds holding: 80 → 83 (+3)
1.7% more ownership
Funds ownership: 8.97% → 10.66% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$108M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$19.3M |
| 3 |
NCL
Nishkama Capital LLC
Dorado,
Puerto Rico
|
+$5.28M |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$3.37M |
| 5 |
Goldman Sachs
New York
|
+$2.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$27.5M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$20.8M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$5.45M |
| 4 |
TCP
ThornTree Capital Partners
Boston,
Massachusetts
|
-$4.66M |
| 5 |
VSI
Verde Servicos Internacionais
Sao Paulo,
Brazil
|
-$4.21M |
AZUL Hedge Fund Activity: Q3 2020 in Review
83 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Azul (AZUL) for Q3 2020, worth a combined $463M — up 40% from $331M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new AZUL positions and 18 closed out — a net gain of 3 holders — while 26 added to existing stakes and 21 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $108M. The largest seller was Morgan Stanley, cutting an estimated $27.5M.
- 83 institutional investors held Azul (AZUL) as of Q3 2020, up from 80 in Q2 2020.
- Funds reported $463M of Azul stock for Q3 2020, up 40% quarter-over-quarter.
- 21 funds opened new Azul positions in Q3 2020 and 18 closed out, a net change of +3 holders.
- The largest Azul buyer in Q3 2020 was Capital Research Global Investors, an estimated $108M added.
- The largest Azul seller in Q3 2020 was Morgan Stanley, an estimated $27.5M sold.
Based on aggregated 13F filings for Q3 2020.