Gogo Inc
GOGO
110 hedge funds and large institutions have $288M invested in Gogo Inc in 2018 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 39 increasing their positions, 30 reducing their positions, and 18 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 30
4% less funds holding
Funds holding: 114 → 110 (-4)
6.17% less ownership
Funds ownership: 74.22% → 68.05% (-6.2%)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
48% less capital invested
Capital invested by funds: $556M → $288M (-$269M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
87% less call options, than puts
Call options by funds: $3.59M | Put options by funds: $27.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VM
Valinor Management
New York
|
+$10.5M |
| 2 |
FMBTD
First Midwest Bank Trust Division
Joliet,
Illinois
|
+$2.41M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$2.17M |
| 4 |
SC
Sculptor Capital
New York
|
+$2.08M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$44.3M |
| 2 |
Millennium Management
New York
|
-$3.04M |
| 3 |
BCM
Billings Capital Management
Arlington,
Virginia
|
-$2.85M |
| 4 |
SIM
Stelliam Investment Management
New York
|
-$2.44M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$2.09M |
GOGO Hedge Fund Activity: Q2 2018 in Review
110 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q2 2018, worth a combined $288M — down 48% from $556M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of GOGO and 15 opened new positions — a net loss of 3 holders — while 30 trimmed existing stakes and 39 added.
The largest buyer was Valinor Management, adding an estimated $10.5M. The largest seller was Fidelity Investments, cutting an estimated $44.3M.
- 110 institutional investors held Gogo Inc (GOGO) as of Q2 2018, down from 114 in Q1 2018.
- Funds reported $288M of Gogo Inc stock for Q2 2018, down 48% quarter-over-quarter.
- 15 funds opened new Gogo Inc positions in Q2 2018 and 18 closed out, a net change of -3 holders.
- The largest Gogo Inc buyer in Q2 2018 was Valinor Management, an estimated $10.5M added.
- The largest Gogo Inc seller in Q2 2018 was Fidelity Investments, an estimated $44.3M sold.
Based on aggregated 13F filings for Q2 2018.