Gogo Inc
GOGO
132 hedge funds and large institutions have $466M invested in Gogo Inc in 2020 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 36 increasing their positions, 34 reducing their positions, and 21 closing their positions.
129% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 21
125% more call options, than puts
Call options by funds: $92.8M | Put options by funds: $41.2M
36% more capital invested
Capital invested by funds: $342M → $466M (+$124M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
25% more funds holding
Funds holding: 106 → 132 (+26)
13.37% more ownership
Funds ownership: 43.42% → 56.78% (+13%)
6% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$17.6M |
| 2 |
Millennium Management
New York
|
+$4.46M |
| 3 |
LCP
LGT Capital Partners
Pfaeffikon,
Switzerland
|
+$3.96M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$3.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mudrick Capital Management
New York
|
-$25.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$8.19M |
| 3 |
Renaissance Technologies
New York
|
-$5.44M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.09M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$3.26M |
GOGO Hedge Fund Activity: Q4 2020 in Review
132 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q4 2020, worth a combined $466M — up 36% from $342M a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new GOGO positions and 21 closed out — a net gain of 27 holders — while 36 added to existing stakes and 34 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $17.6M. The largest seller was Mudrick Capital Management, cutting an estimated $25.2M.
- 132 institutional investors held Gogo Inc (GOGO) as of Q4 2020, up from 106 in Q3 2020.
- Funds reported $466M of Gogo Inc stock for Q4 2020, up 36% quarter-over-quarter.
- 48 funds opened new Gogo Inc positions in Q4 2020 and 21 closed out, a net change of +27 holders.
- The largest Gogo Inc buyer in Q4 2020 was D.E. Shaw & Co, an estimated $17.6M added.
- The largest Gogo Inc seller in Q4 2020 was Mudrick Capital Management, an estimated $25.2M sold.
Based on aggregated 13F filings for Q4 2020.