Gogo Inc
GOGO
114 hedge funds and large institutions have $556M invested in Gogo Inc in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 44 increasing their positions, 31 reducing their positions, and 25 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 31
2.99% less ownership
Funds ownership: 77.22% → 74.22% (-3%)
8% less funds holding
Funds holding: 124 → 114 (-10)
26% less capital invested
Capital invested by funds: $756M → $556M (-$199M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
40% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 25
74% less call options, than puts
Call options by funds: $6.56M | Put options by funds: $25.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$10.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$7.35M |
| 3 |
SIG
Senator Investment Group
New York
|
+$6.59M |
| 4 |
Millennium Management
New York
|
+$3.3M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$18.2M |
| 2 |
MAMNY
Marathon Asset Management (New York)
New York
|
-$9.05M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$8.35M |
| 4 |
SRFM
Shannon River Fund Management
New York
|
-$5.66M |
| 5 |
Blackstone Inc
New York
|
-$3.47M |
GOGO Hedge Fund Activity: Q1 2018 in Review
114 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q1 2018, worth a combined $556M — down 26% from $756M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of GOGO and 15 opened new positions — a net loss of 10 holders — while 31 trimmed existing stakes and 44 added.
The largest buyer was Frontier Capital Management, adding an estimated $10.2M. The largest seller was Hodges Capital Management, cutting an estimated $18.2M.
- 114 institutional investors held Gogo Inc (GOGO) as of Q1 2018, down from 124 in Q4 2017.
- Funds reported $556M of Gogo Inc stock for Q1 2018, down 26% quarter-over-quarter.
- 15 funds opened new Gogo Inc positions in Q1 2018 and 25 closed out, a net change of -10 holders.
- The largest Gogo Inc buyer in Q1 2018 was Frontier Capital Management, an estimated $10.2M added.
- The largest Gogo Inc seller in Q1 2018 was Hodges Capital Management, an estimated $18.2M sold.
Based on aggregated 13F filings for Q1 2018.