Azul
AZUL
AZUL was delisted on the 27th of May, 2025.
87 hedge funds and large institutions have $831M invested in Azul in 2021 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 37 reducing their positions, and 33 closing their positions.
110% more call options, than puts
Call options by funds: $14M | Put options by funds: $6.67M
0.21% more ownership
Funds ownership: 12.2% → 12.41% (+0.21%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less capital invested
Capital invested by funds: $917M → $831M (-$86.1M)
19% less funds holding
Funds holding: 107 → 87 (-20)
32% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 37
58% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$54.5M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$33.8M |
| 3 |
PIP
Permian Investment Partners
Dallas,
Texas
|
+$20M |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$16.8M |
| 5 |
PG
Pendal Group
Sydney,
Australia
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
-$34.8M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$27.8M |
| 3 |
TCP
ThornTree Capital Partners
Boston,
Massachusetts
|
-$12.6M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$9.21M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$7.92M |
AZUL Hedge Fund Activity: Q1 2021 in Review
87 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Azul (AZUL) for Q1 2021, worth a combined $831M — down 9.4% from $917M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of AZUL and 14 opened new positions — a net loss of 19 holders — while 37 trimmed existing stakes and 25 added.
The largest buyer was Fidelity Investments, adding an estimated $54.5M. The largest seller was Jericho Capital Asset Management, exiting entirely with an estimated $34.8M sold.
- 87 institutional investors held Azul (AZUL) as of Q1 2021, down from 107 in Q4 2020.
- Funds reported $831M of Azul stock for Q1 2021, down 9.4% quarter-over-quarter.
- 14 funds opened new Azul positions in Q1 2021 and 33 closed out, a net change of -19 holders.
- The largest Azul buyer in Q1 2021 was Fidelity Investments, an estimated $54.5M added.
- The largest Azul seller in Q1 2021 was Jericho Capital Asset Management, an estimated $34.8M sold.
Based on aggregated 13F filings for Q1 2021.