Azul
AZUL
AZUL was delisted on the 27th of May, 2025.
65 hedge funds and large institutions have $109M invested in Azul in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 23 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
0.42% more ownership
Funds ownership: 7.54% → 7.96% (+0.42%)
13% less call options, than puts
Call options by funds: $4.92M | Put options by funds: $5.63M
19% less funds holding
Funds holding: 80 → 65 (-15)
45% less capital invested
Capital invested by funds: $197M → $109M (-$88M)
65% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$13.5M |
| 2 |
LFCM
Long Focus Capital Management
San Juan,
Puerto Rico
|
+$13.4M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
+$9.47M |
| 4 |
Millennium Management
New York
|
+$4.15M |
| 5 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
-$9.57M |
| 2 |
Morgan Stanley
New York
|
-$7.74M |
| 3 |
Goldman Sachs
New York
|
-$7.55M |
| 4 |
Two Sigma Investments
New York
|
-$6.16M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$4.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
YIH
76
Y-Intercept (HK)
Hong Kong
| – | -$225K | -28,933 | Closed |
|
|
CFM
77
Coronation Fund Managers
Cape Town,
South Africa
| – | -$194K | -24,961 | Closed |
|
|
SC
78
Shay Capital
New York
| – | -$171K | -22,000 | Closed |
|
|
AIM
79
Aigen Investment Management
New York
| – | -$161K | -20,769 | Closed |
|
80
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$110K | -14,100 | Closed |
|
|
CSS
81
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$104K | -13,363 | Closed |
|
82
Wolverine Trading
Chicago,
Illinois
| – | -$74.1K | -12,640 | Closed |
|
83
Walleye Trading
New York
| – | -$26.2K | -3,370 | Closed |
|
84
Walleye Capital
New York
| – | -$5.27K | -899 | Closed |
|
85
Citigroup
New York
| – | -$5.56K | -716 | Closed |
|
86
Fidelity Investments
Boston,
Massachusetts
| – | -$2.93K | -377 | Closed |
|
87
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$1.34K | -172 | Closed |
|
88
Wells Fargo
San Francisco,
California
| – | -$8 | -1 | Closed |
|
AZUL Hedge Fund Activity: Q2 2024 in Review
65 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Azul (AZUL) for Q2 2024, worth a combined $109M — down 45% from $197M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of AZUL and 8 opened new positions — a net loss of 15 holders — while 22 trimmed existing stakes and 25 added.
The largest buyer was Frontier Capital Management, adding an estimated $13.5M. The largest seller was Provida Pension Fund Administrator, exiting entirely with an estimated $9.57M sold.
- 65 institutional investors held Azul (AZUL) as of Q2 2024, down from 80 in Q1 2024.
- Funds reported $109M of Azul stock for Q2 2024, down 45% quarter-over-quarter.
- 8 funds opened new Azul positions in Q2 2024 and 23 closed out, a net change of -15 holders.
- The largest Azul buyer in Q2 2024 was Frontier Capital Management, an estimated $13.5M added.
- The largest Azul seller in Q2 2024 was Provida Pension Fund Administrator, an estimated $9.57M sold.
Based on aggregated 13F filings for Q2 2024.