Gogo Inc
GOGO
134 hedge funds and large institutions have $737M invested in Gogo Inc in 2014 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 50 increasing their positions, 29 reducing their positions, and 30 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
84% more call options, than puts
Call options by funds: $112M | Put options by funds: $60.8M
72% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 29
43% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 30
11% more funds holding
Funds holding: 121 → 134 (+13)
5% less capital invested
Capital invested by funds: $780M → $737M (-$42.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$75.3M |
| 2 |
EC
Eminence Capital
New York
|
+$22.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.8M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$16.5M |
| 5 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$102M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$31.3M |
| 3 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
-$13.3M |
| 4 |
SCM
Sandler Capital Management
New York
|
-$10.9M |
| 5 |
Morgan Stanley
New York
|
-$8.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Millennium Management
New York
| – | -$596K | -29,025 | Closed |
|
152
Balyasny Asset Management
Chicago,
Illinois
| – | -$411K | -20,000 | Closed |
|
|
DCM
153
Driehaus Capital Management
Chicago,
Illinois
| – | -$386K | -18,800 | Closed |
|
|
PG
154
PEAK6 Group
Chicago,
Illinois
| – | -$319K | -18,504 | Closed |
|
|
VKH
155
Virtu KCG Holdings
New York
| – | -$358K | -17,422 | Closed |
|
|
FMA
156
FNY Managed Accounts
New York
| – | -$267K | -13,000 | Closed |
|
|
EMG
157
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$222K | -10,800 | Closed |
|
158
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$15K | -753 | Closed |
|
159
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -106 | Closed |
|
|
PAS
160
Partnervest Advisory Services
Santa Barbara,
California
| – | -$2K | -100 | Closed |
|
|
PTC
161
Private Trust Company
Cleveland,
Ohio
| – | -$1K | -28 | Closed |
|
|
KTC
162
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | +$69 | +4 | New |
|
|
PSI
163
Pinnacle Summer Investments
Fairfax,
Virginia
| – | +$172 | +10 | New |
|
|
SEC
164
Seven Eight Capital
New York
| – | +$379 | +22 | New |
|
GOGO Hedge Fund Activity: Q2 2014 in Review
134 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q2 2014, worth a combined $737M — down 5.4% from $780M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new GOGO positions and 30 closed out — a net gain of 13 holders — while 50 added to existing stakes and 29 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $75.3M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $102M sold.
- 134 institutional investors held Gogo Inc (GOGO) as of Q2 2014, up from 121 in Q1 2014.
- Funds reported $737M of Gogo Inc stock for Q2 2014, down 5.4% quarter-over-quarter.
- 43 funds opened new Gogo Inc positions in Q2 2014 and 30 closed out, a net change of +13 holders.
- The largest Gogo Inc buyer in Q2 2014 was Wellington Management Group, an estimated $75.3M added.
- The largest Gogo Inc seller in Q2 2014 was Waddell & Reed Financial, an estimated $102M sold.
Based on aggregated 13F filings for Q2 2014.