Gogo Inc
GOGO
157 hedge funds and large institutions have $1.02B invested in Gogo Inc in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 57 increasing their positions, 62 reducing their positions, and 26 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
0.14% less ownership
Funds ownership: 66.51% → 66.37% (-0.14%)
8% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 62
3% less funds holding
Funds holding: 162 → 157 (-5)
19% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 26
30% less capital invested
Capital invested by funds: $1.46B → $1.02B (-$435M)
46% less call options, than puts
Call options by funds: $3.95M | Put options by funds: $7.28M
Top Buyers
Top Sellers
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$25.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.2M |
| 3 |
JP Morgan Chase
New York
|
-$9.21M |
| 4 |
BlackRock
New York
|
-$6.94M |
| 5 |
RCM
Rivermont Capital Management
New York
|
-$5.55M |
GOGO Hedge Fund Activity: Q3 2023 in Review
157 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q3 2023, worth a combined $1.02B — down 30% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of GOGO and 21 opened new positions — a net loss of 5 holders — while 62 trimmed existing stakes and 57 added.
The largest buyer was Burgundy Asset Management, opening a new position worth an estimated $27.6M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $25.8M sold.
- 157 institutional investors held Gogo Inc (GOGO) as of Q3 2023, down from 162 in Q2 2023.
- Funds reported $1.02B of Gogo Inc stock for Q3 2023, down 30% quarter-over-quarter.
- 21 funds opened new Gogo Inc positions in Q3 2023 and 26 closed out, a net change of -5 holders.
- The largest Gogo Inc buyer in Q3 2023 was Burgundy Asset Management, an estimated $27.6M added.
- The largest Gogo Inc seller in Q3 2023 was Lord, Abbett & Co, an estimated $25.8M sold.
Based on aggregated 13F filings for Q3 2023.