Azul
AZUL
AZUL was delisted on the 27th of May, 2025.
73 hedge funds and large institutions have $413M invested in Azul in 2023 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 15 increasing their positions, 24 reducing their positions, and 14 closing their positions.
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
61% more capital invested
Capital invested by funds: $256M → $413M (+$157M)
20% more funds holding
Funds holding: 61 → 73 (+12)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.68% less ownership
Funds ownership: 10.68% → 9% (-1.7%)
20% less call options, than puts
Call options by funds: $16.9M | Put options by funds: $21.2M
38% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$38.7M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$25.4M |
| 3 |
Morgan Stanley
New York
|
+$7.45M |
| 4 |
Two Sigma Investments
New York
|
+$6.47M |
| 5 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
+$4.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$54.1M |
| 2 |
SIG
Senator Investment Group
New York
|
-$10.7M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$10.5M |
| 4 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
-$9.82M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$8.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Ameriprise
Minneapolis,
Minnesota
| – | -$10.5M | -1,471,266 | Closed |
|
|
SSA
77
Schonfeld Strategic Advisors
New York
| – | -$4.15M | -580,411 | Closed |
|
78
Optiver Holding
Amsterdam,
Netherlands
| – | -$1.44M | -158,407 | Closed |
|
79
Arrowstreet Capital
Boston,
Massachusetts
| – | -$1.01M | -140,735 | Closed |
|
|
EGM
80
Engineers Gate Manager
New York
| – | -$594K | -83,079 | Closed |
|
|
BCM
81
Bayesian Capital Management
Brooklyn,
New York
| – | -$552K | -77,165 | Closed |
|
|
TI
82
Trexquant Investment
Stamford,
Connecticut
| – | -$543K | -75,995 | Closed |
|
|
GCP
83
GSA Capital Partners
London,
United Kingdom
| – | -$467K | -65,308 | Closed |
|
84
Squarepoint
New York
| – | -$177K | -24,810 | Closed |
|
|
MOS
85
MGO One Seven
Beachwood,
Ohio
| – | -$143K | -20,000 | Closed |
|
86
Balyasny Asset Management
Chicago,
Illinois
| – | -$138K | -19,260 | Closed |
|
|
IWP
87
IAG Wealth Partners
Waukesha,
Wisconsin
| – | -$7.15K | -1,000 | Closed |
|
AZUL Hedge Fund Activity: Q2 2023 in Review
73 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Azul (AZUL) for Q2 2023, worth a combined $413M — up 61% from $256M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new AZUL positions and 14 closed out — a net gain of 12 holders — while 15 added to existing stakes and 24 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $38.7M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $54.1M sold.
- 73 institutional investors held Azul (AZUL) as of Q2 2023, up from 61 in Q1 2023.
- Funds reported $413M of Azul stock for Q2 2023, up 61% quarter-over-quarter.
- 26 funds opened new Azul positions in Q2 2023 and 14 closed out, a net change of +12 holders.
- The largest Azul buyer in Q2 2023 was Fidelity Investments, an estimated $38.7M added.
- The largest Azul seller in Q2 2023 was Capital Research Global Investors, an estimated $54.1M sold.
Based on aggregated 13F filings for Q2 2023.