Gogo Inc
GOGO
72 hedge funds and large institutions have $181M invested in Gogo Inc in 2013 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.
3,100% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 2
620% more funds holding
Funds holding: 10 → 72 (+62)
215% more capital invested
Capital invested by funds: $57.5M → $181M (+$124M)
49% more call options, than puts
Call options by funds: $1.32M | Put options by funds: $885K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$11.3M |
| 2 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$10.4M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$7.87M |
| 4 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
+$7.77M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$7.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$14.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.32M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.46M |
| 4 |
MCM
Mazama Capital Management
Portland,
Oregon
|
-$2.83M |
| 5 |
WSA
Wall Street Associates
Lajolla,
California
|
-$2.52M |
GOGO Hedge Fund Activity: Q3 2013 in Review
72 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q3 2013, worth a combined $181M — up 215% from $57.5M a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new GOGO positions and 2 closed out — a net gain of 62 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Wells Fargo, opening a new position worth an estimated $11.3M. The largest seller was Next Century Growth Investors, exiting entirely with an estimated $14.5M sold.
- 72 institutional investors held Gogo Inc (GOGO) as of Q3 2013, up from 10 in Q2 2013.
- Funds reported $181M of Gogo Inc stock for Q3 2013, up 215% quarter-over-quarter.
- 64 funds opened new Gogo Inc positions in Q3 2013 and 2 closed out, a net change of +62 holders.
- The largest Gogo Inc buyer in Q3 2013 was Wells Fargo, an estimated $11.3M added.
- The largest Gogo Inc seller in Q3 2013 was Next Century Growth Investors, an estimated $14.5M sold.
Based on aggregated 13F filings for Q3 2013.