Azul
AZUL
AZUL was delisted on the 27th of May, 2025.
76 hedge funds and large institutions have $216M invested in Azul in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 17 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
4% more funds holding
Funds holding: 73 → 76 (+3)
1.49% less ownership
Funds ownership: 9% → 7.51% (-1.5%)
34% less call options, than puts
Call options by funds: $10.9M | Put options by funds: $16.6M
48% less capital invested
Capital invested by funds: $413M → $216M (-$196M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
+$9.93M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$6.62M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
+$5.78M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$5.44M |
| 5 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
+$4.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$42.2M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$26.4M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$14.5M |
| 4 |
Morgan Stanley
New York
|
-$9.96M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$8.11M |
AZUL Hedge Fund Activity: Q3 2023 in Review
76 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Azul (AZUL) for Q3 2023, worth a combined $216M — down 48% from $413M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new AZUL positions and 17 closed out — a net gain of 4 holders — while 28 added to existing stakes and 20 trimmed.
The largest buyer was Senator Investment Group, opening a new position worth an estimated $9.93M. The largest seller was Fidelity Investments, cutting an estimated $42.2M.
- 76 institutional investors held Azul (AZUL) as of Q3 2023, up from 73 in Q2 2023.
- Funds reported $216M of Azul stock for Q3 2023, down 48% quarter-over-quarter.
- 21 funds opened new Azul positions in Q3 2023 and 17 closed out, a net change of +4 holders.
- The largest Azul buyer in Q3 2023 was Senator Investment Group, an estimated $9.93M added.
- The largest Azul seller in Q3 2023 was Fidelity Investments, an estimated $42.2M sold.
Based on aggregated 13F filings for Q3 2023.