Gogo Inc
GOGO
136 hedge funds and large institutions have $604M invested in Gogo Inc in 2016 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 49 increasing their positions, 31 reducing their positions, and 31 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 31
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
3% less funds holding
Funds holding: 140 → 136 (-4)
42% less capital invested
Capital invested by funds: $1.05B → $604M (-$441M)
43% less call options, than puts
Call options by funds: $6.12M | Put options by funds: $10.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VM
Valinor Management
New York
|
+$30.3M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$8.59M |
| 3 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$6.95M |
| 4 |
Millennium Management
New York
|
+$5.82M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$83.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.3M |
| 3 |
CCI
Columbus Circle Investors
|
-$17.5M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$16.1M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$9.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
BNP Paribas Financial Markets
Paris,
France
| – | -$194K | -10,876 | Closed |
|
|
JT
152
Jump Trading
Chicago,
Illinois
| – | -$189K | -10,604 | Closed |
|
153
JP Morgan Chase
New York
| – | -$184K | -10,305 | Closed |
|
|
AIM
154
Assured Investment Management
New York
| – | -$178K | -10,000 | Closed |
|
|
BCM
155
Bayesian Capital Management
Brooklyn,
New York
| – | -$178K | -10,000 | Closed |
|
|
CG
156
Cutler Group
San Francisco,
California
| – | -$22K | -1,736 | Closed |
|
|
MAM
157
Meeder Asset Management
Dublin,
Ohio
| – | -$28K | -1,560 | Closed |
|
|
MCM
158
Mazama Capital Management
Portland,
Oregon
| – | -$24K | -1,358 | Closed |
|
|
WAM
159
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$12K | -700 | Closed |
|
|
WOC
160
West Oak Capital
Westlake Village,
California
| – | -$5.34K | -300 | Closed |
|
|
ST
161
Spot Trading
Chicago,
Illinois
| – | -$4K | -232 | Closed |
|
162
AssetMark Inc
Concord,
California
| – | -$1K | -36 | Closed |
|
|
WA
163
WFG Advisors
Dallas,
Texas
| – | +$13 | +1 | New |
|
|
DADC
164
D.A. Davidson & Co
Great Falls,
Montana
| – | +$76 | +6 | New |
|
GOGO Hedge Fund Activity: Q1 2016 in Review
136 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q1 2016, worth a combined $604M — down 42% from $1.05B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of GOGO and 28 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 49 added.
The largest buyer was Valinor Management, adding an estimated $30.3M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $83.5M sold.
- 136 institutional investors held Gogo Inc (GOGO) as of Q1 2016, down from 140 in Q4 2015.
- Funds reported $604M of Gogo Inc stock for Q1 2016, down 42% quarter-over-quarter.
- 28 funds opened new Gogo Inc positions in Q1 2016 and 31 closed out, a net change of -3 holders.
- The largest Gogo Inc buyer in Q1 2016 was Valinor Management, an estimated $30.3M added.
- The largest Gogo Inc seller in Q1 2016 was Lord, Abbett & Co, an estimated $83.5M sold.
Based on aggregated 13F filings for Q1 2016.