Gogo Inc
GOGO
121 hedge funds and large institutions have $615M invested in Gogo Inc in 2013 Q4 according to their latest regulatory filings, with 68 funds opening new positions, 33 increasing their positions, 18 reducing their positions, and 19 closing their positions.
600% more funds holding in top 10
Funds holding in top 10: 1 → 7 (+6)
363% more capital inflows, than outflows
Capital inflows: $452M | Capital outflows: $97.6M
258% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 19
83% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 18
68% more funds holding
Funds holding: 72 → 121 (+49)
17.02% more ownership
Funds ownership: 12.12% → 29.13% (+17%)
15% less call options, than puts
Call options by funds: $29.3M | Put options by funds: $34.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$173M |
| 2 |
Waddell & Reed Financial
Overland Park,
Kansas
|
+$32.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$17.2M |
| 4 |
Sandler Capital Management
New York
|
+$14.8M |
| 5 |
Hodges Capital Management
Dallas,
Texas
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$20.2M |
| 2 |
PAR Capital Management
Boston,
Massachusetts
|
-$14.1M |
| 3 |
BlackRock Advisors
Wilmington,
Delaware
|
-$9.4M |
| 4 |
BlackRock Institutional Trust
San Francisco,
California
|
-$6.39M |
| 5 |
ACM
Addison Clark Management
Stamford,
Connecticut
|
-$6.11M |
GOGO Hedge Fund Activity: Q4 2013 in Review
121 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q4 2013, worth a combined $615M — up 240% from $181M a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new GOGO positions and 19 closed out — a net gain of 49 holders — while 33 added to existing stakes and 18 trimmed.
The largest buyer was Northern Trust, adding an estimated $173M. The largest seller was Thornburg Investment Management, exiting entirely with an estimated $20.2M sold.
- 121 institutional investors held Gogo Inc (GOGO) as of Q4 2013, up from 72 in Q3 2013.
- Funds reported $615M of Gogo Inc stock for Q4 2013, up 240% quarter-over-quarter.
- 68 funds opened new Gogo Inc positions in Q4 2013 and 19 closed out, a net change of +49 holders.
- The largest Gogo Inc buyer in Q4 2013 was Northern Trust, an estimated $173M added.
- The largest Gogo Inc seller in Q4 2013 was Thornburg Investment Management, an estimated $20.2M sold.
Based on aggregated 13F filings for Q4 2013.