Gogo Inc
GOGO
130 hedge funds and large institutions have $702M invested in Gogo Inc in 2014 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 36 increasing their positions, 46 reducing their positions, and 21 closing their positions.
20% more call options, than puts
Call options by funds: $41.9M | Put options by funds: $35M
5% less capital invested
Capital invested by funds: $738M → $702M (-$35.4M)
3% less funds holding
Funds holding: 134 → 130 (-4)
19% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 21
22% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 46
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$48.6M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$34.1M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$33.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$32M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$25.9M |
| 2 |
BTP
Bloom Tree Partners
New York
|
-$16.3M |
| 3 |
PP
PDT Partners
New York
|
-$15.2M |
| 4 |
Goldman Sachs
New York
|
-$11.3M |
| 5 |
BL
Bolton LP
Greenwich,
Connecticut
|
-$10.3M |
GOGO Hedge Fund Activity: Q3 2014 in Review
130 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q3 2014, worth a combined $702M — down 4.8% from $738M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of GOGO and 17 opened new positions — a net loss of 4 holders — while 46 trimmed existing stakes and 36 added.
The largest buyer was Wellington Management Group, adding an estimated $48.6M. The largest seller was Eminence Capital, exiting entirely with an estimated $25.9M sold.
- 130 institutional investors held Gogo Inc (GOGO) as of Q3 2014, down from 134 in Q2 2014.
- Funds reported $702M of Gogo Inc stock for Q3 2014, down 4.8% quarter-over-quarter.
- 17 funds opened new Gogo Inc positions in Q3 2014 and 21 closed out, a net change of -4 holders.
- The largest Gogo Inc buyer in Q3 2014 was Wellington Management Group, an estimated $48.6M added.
- The largest Gogo Inc seller in Q3 2014 was Eminence Capital, an estimated $25.9M sold.
Based on aggregated 13F filings for Q3 2014.