Azul
AZUL
AZUL was delisted on the 27th of May, 2025.
61 hedge funds and large institutions have $256M invested in Azul in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 24 closing their positions.
31% more capital invested
Capital invested by funds: $195M → $256M (+$61M)
10% more call options, than puts
Call options by funds: $17.6M | Put options by funds: $16M
1.06% more ownership
Funds ownership: 9.62% → 10.68% (+1.1%)
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
12% less funds holding
Funds holding: 69 → 61 (-8)
25% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$20.5M |
| 2 |
SIG
Senator Investment Group
New York
|
+$9.4M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$4.86M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$4.23M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$11M |
| 2 |
BAMCO Inc
New York
|
-$2.62M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.72M |
| 4 |
TCA
Taconic Capital Advisors
New York
|
-$1.68M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$1.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWS
76
Atria Wealth Solutions
New York
| – | -$71.5K | -11,700 | Closed |
|
|
ACM
77
Aquatic Capital Management
Chicago,
Illinois
| – | -$5K | -900 | Closed |
|
|
IA
78
IFP Advisors
Tampa,
Florida
| – | -$11K | -500 | Closed |
|
79
Simplex Trading
Chicago,
Illinois
| – | -$2.78K | -444 | Closed |
|
|
SGDR
80
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
| – | -$1.57K | -257 | Closed |
|
81
Rockefeller Capital Management
New York
| – | -$1K | -200 | Closed |
|
|
CS
82
Credit Suisse
Zurich,
Switzerland
| – | -$1.02K | -167 | Closed |
|
|
BTI
83
Blue Trust Inc
Alpharetta,
Georgia
| – | -$1K | -126 | Closed |
|
|
CG
84
Cutler Group
San Francisco,
California
| – | -$627 | -100 | Closed |
|
AZUL Hedge Fund Activity: Q1 2023 in Review
61 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Azul (AZUL) for Q1 2023, worth a combined $256M — up 31% from $195M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of AZUL and 18 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 19 added.
The largest buyer was Frontier Capital Management, adding an estimated $20.5M. The largest seller was Schonfeld Strategic Advisors, cutting an estimated $11M.
- 61 institutional investors held Azul (AZUL) as of Q1 2023, down from 69 in Q4 2022.
- Funds reported $256M of Azul stock for Q1 2023, up 31% quarter-over-quarter.
- 18 funds opened new Azul positions in Q1 2023 and 24 closed out, a net change of -6 holders.
- The largest Azul buyer in Q1 2023 was Frontier Capital Management, an estimated $20.5M added.
- The largest Azul seller in Q1 2023 was Schonfeld Strategic Advisors, an estimated $11M sold.
Based on aggregated 13F filings for Q1 2023.