Gogo Inc
GOGO
159 hedge funds and large institutions have $1.23B invested in Gogo Inc in 2022 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 51 increasing their positions, 69 reducing their positions, and 30 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
24% more capital invested
Capital invested by funds: $995M → $1.23B (+$235M)
2.16% more ownership
Funds ownership: 63.8% → 65.96% (+2.2%)
8% more call options, than puts
Call options by funds: $27.9M | Put options by funds: $25.9M
10% less funds holding
Funds holding: 176 → 159 (-17)
26% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 69
57% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 30
Top Buyers
| 1 |
BlackRock
New York
|
+$49.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.7M |
| 3 |
Millennium Management
New York
|
+$14.4M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.48M |
| 5 |
DIM
DC Investments Management
Mclean,
Virginia
|
+$2.98M |
Top Sellers
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$15.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$7.06M |
| 3 |
Morgan Stanley
New York
|
-$3.61M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$3.54M |
| 5 |
D.E. Shaw & Co
New York
|
-$3.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BHCM
176
Boulder Hill Capital Management
New York
| – | -$281K | -23,200 | Closed |
|
|
VF
177
Virtu Financial
New York
| – | -$239K | -19,742 | Closed |
|
|
ACM
178
Aquatic Capital Management
Chicago,
Illinois
| – | -$210K | -17,300 | Closed |
|
|
FRM
179
Fox Run Management
Greenwich,
Connecticut
| – | -$196K | -16,144 | Closed |
|
|
BCM
180
Bayesian Capital Management
Brooklyn,
New York
| – | -$188K | -15,545 | Closed |
|
181
Arrowstreet Capital
Boston,
Massachusetts
| – | -$182K | -14,979 | Closed |
|
182
Ensign Peak Advisors
Salt Lake City,
Utah
| – | -$142K | -11,720 | Closed |
|
183
Amundi
Paris,
France
| – | -$70K | -5,422 | Closed |
|
|
ODG
184
O'Dell Group
Cincinnati,
Ohio
| – | -$48K | -4,000 | Closed |
|
|
PHK
185
Point72 Hong Kong
Hong Kong
| – | -$38K | -3,145 | Closed |
|
|
BBHC
186
Brown Brothers Harriman & Co
New York
| – | -$18K | -1,468 | Closed |
|
GOGO Hedge Fund Activity: Q4 2022 in Review
159 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q4 2022, worth a combined $1.23B — up 24% from $995M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of GOGO and 13 opened new positions — a net loss of 17 holders — while 69 trimmed existing stakes and 51 added.
The largest buyer was BlackRock, adding an estimated $49.6M. The largest seller was Schonfeld Strategic Advisors, cutting an estimated $15.2M.
- 159 institutional investors held Gogo Inc (GOGO) as of Q4 2022, down from 176 in Q3 2022.
- Funds reported $1.23B of Gogo Inc stock for Q4 2022, up 24% quarter-over-quarter.
- 13 funds opened new Gogo Inc positions in Q4 2022 and 30 closed out, a net change of -17 holders.
- The largest Gogo Inc buyer in Q4 2022 was BlackRock, an estimated $49.6M added.
- The largest Gogo Inc seller in Q4 2022 was Schonfeld Strategic Advisors, an estimated $15.2M sold.
Based on aggregated 13F filings for Q4 2022.