Gogo Inc
GOGO
134 hedge funds and large institutions have $488M invested in Gogo Inc in 2016 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 45 increasing their positions, 40 reducing their positions, and 31 closing their positions.
61.26% more ownership
Funds ownership: 0% → 61.26% (+61%)
13% more call options, than puts
Call options by funds: $20.1M | Put options by funds: $17.8M
13% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 40
8% less funds holding
Funds holding: 146 → 134 (-12)
32% less capital invested
Capital invested by funds: $712M → $488M (-$225M)
35% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 31
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$27.4M |
| 2 |
SIM
Stelliam Investment Management
New York
|
+$6.49M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.01M |
| 4 |
BCM
Billings Capital Management
Arlington,
Virginia
|
+$4.1M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$113M |
| 2 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$26.3M |
| 3 |
MGM
Miura Global Management
New York
|
-$11M |
| 4 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$6.74M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.65M |
GOGO Hedge Fund Activity: Q4 2016 in Review
134 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q4 2016, worth a combined $488M — down 32% from $712M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of GOGO and 20 opened new positions — a net loss of 11 holders — while 40 trimmed existing stakes and 45 added.
The largest buyer was Hodges Capital Management, adding an estimated $27.4M. The largest seller was Northern Trust, cutting an estimated $113M.
- 134 institutional investors held Gogo Inc (GOGO) as of Q4 2016, down from 146 in Q3 2016.
- Funds reported $488M of Gogo Inc stock for Q4 2016, down 32% quarter-over-quarter.
- 20 funds opened new Gogo Inc positions in Q4 2016 and 31 closed out, a net change of -11 holders.
- The largest Gogo Inc buyer in Q4 2016 was Hodges Capital Management, an estimated $27.4M added.
- The largest Gogo Inc seller in Q4 2016 was Northern Trust, an estimated $113M sold.
Based on aggregated 13F filings for Q4 2016.