Gogo Inc
GOGO
122 hedge funds and large institutions have $214M invested in Gogo Inc in 2019 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 39 increasing their positions, 26 reducing their positions, and 16 closing their positions.
63% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 16
50% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 26
6% more funds holding
Funds holding: 115 → 122 (+7)
2.12% more ownership
Funds ownership: 59.23% → 61.35% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less capital invested
Capital invested by funds: $233M → $214M (-$18.5M)
76% less call options, than puts
Call options by funds: $893K | Put options by funds: $3.76M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$5.65M |
| 2 |
Millennium Management
New York
|
+$5.55M |
| 3 |
NPCM
North Peak Capital Management
New York
|
+$3.03M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$2.89M |
| 5 |
TGM
Tenzing Global Management
San Francisco,
California
|
+$2.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Stelliam Investment Management
New York
|
-$16.8M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$3.3M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$2.05M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.17M |
| 5 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Arrowstreet Capital
Boston,
Massachusetts
| – | -$206K | -45,943 | Closed |
|
|
CG
127
Cutler Group
San Francisco,
California
| – | -$147K | -30,372 | Closed |
|
128
Simplex Trading
Chicago,
Illinois
| – | -$134K | -27,624 | Closed |
|
|
IC
129
Intersect Capital
San Ramon,
California
| – | -$90K | -20,000 | Closed |
|
|
PA
130
Pinnacle Associates
New York
| – | -$67K | -15,000 | Closed |
|
|
JT
131
Jump Trading
Chicago,
Illinois
| – | -$56K | -12,400 | Closed |
|
132
Walleye Trading
New York
| – | -$16.8K | -3,454 | Closed |
|
|
BWA
133
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$12K | -2,578 | Closed |
|
|
BRC
134
Bell Rock Capital
Rehoboth Beach,
Delaware
| – | -$11K | -2,500 | Closed |
|
135
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$5K | -1,219 | Closed |
|
|
FANJ
136
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$2K | -550 | Closed |
|
|
WAM
137
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$2K | -510 | Closed |
|
GOGO Hedge Fund Activity: Q2 2019 in Review
122 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q2 2019, worth a combined $214M — down 7.9% from $233M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new GOGO positions and 16 closed out — a net gain of 10 holders — while 39 added to existing stakes and 26 trimmed.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $5.65M. The largest seller was Stelliam Investment Management, cutting an estimated $16.8M.
- 122 institutional investors held Gogo Inc (GOGO) as of Q2 2019, up from 115 in Q1 2019.
- Funds reported $214M of Gogo Inc stock for Q2 2019, down 7.9% quarter-over-quarter.
- 26 funds opened new Gogo Inc positions in Q2 2019 and 16 closed out, a net change of +10 holders.
- The largest Gogo Inc buyer in Q2 2019 was Two Sigma Investments, an estimated $5.65M added.
- The largest Gogo Inc seller in Q2 2019 was Stelliam Investment Management, an estimated $16.8M sold.
Based on aggregated 13F filings for Q2 2019.