Gogo Inc
GOGO
135 hedge funds and large institutions have $538M invested in Gogo Inc in 2016 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 48 increasing their positions, 33 reducing their positions, and 20 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 33
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
1% less funds holding
Funds holding: 136 → 135 (-1)
11% less capital invested
Capital invested by funds: $604M → $538M (-$66.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less call options, than puts
Call options by funds: $8.87M | Put options by funds: $17.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$32.6M |
| 2 |
SIM
Stelliam Investment Management
New York
|
+$31M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$15.2M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$14.5M |
| 5 |
VM
Valinor Management
New York
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.2M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$17.7M |
| 3 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$7.49M |
| 4 |
Millennium Management
New York
|
-$5.06M |
| 5 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$4.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TDC
151
Thompson Davis & Co
Richmond,
Virginia
| – | -$1K | -125 | Closed |
|
152
SEI Investments
Oaks,
Pennsylvania
| – | +$80 | +8 | New |
|
153
Barclays
London,
United Kingdom
| – | +$149 | +15 | New |
|
GOGO Hedge Fund Activity: Q2 2016 in Review
135 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q2 2016, worth a combined $538M — down 11% from $604M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new GOGO positions and 20 closed out — a net gain of 1 holder — while 48 added to existing stakes and 33 trimmed.
The largest buyer was Northern Trust, adding an estimated $32.6M. The largest seller was Fidelity Investments, cutting an estimated $19.2M.
- 135 institutional investors held Gogo Inc (GOGO) as of Q2 2016, down from 136 in Q1 2016.
- Funds reported $538M of Gogo Inc stock for Q2 2016, down 11% quarter-over-quarter.
- 21 funds opened new Gogo Inc positions in Q2 2016 and 20 closed out, a net change of +1 holder.
- The largest Gogo Inc buyer in Q2 2016 was Northern Trust, an estimated $32.6M added.
- The largest Gogo Inc seller in Q2 2016 was Fidelity Investments, an estimated $19.2M sold.
Based on aggregated 13F filings for Q2 2016.