Gogo Inc
GOGO
125 hedge funds and large institutions have $722M invested in Gogo Inc in 2017 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 48 increasing their positions, 41 reducing their positions, and 22 closing their positions.
92% more capital inflows, than outflows
Capital inflows: $93.7M | Capital outflows: $48.8M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
17% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 41
3.59% more ownership
Funds ownership: 66.87% → 70.46% (+3.6%)
7% less funds holding
Funds holding: 135 → 125 (-10)
36% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 22
39% less call options, than puts
Call options by funds: $14.3M | Put options by funds: $23.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Senator Investment Group
New York
|
+$41.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$5.43M |
| 3 |
Marathon Asset Management (New York)
New York
|
+$5.1M |
| 4 |
Highbridge Capital Management
New York
|
+$4.82M |
| 5 |
BlackRock
New York
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.98M |
| 3 |
Hodges Capital Management
Dallas,
Texas
|
-$7.53M |
| 4 |
Linden Advisors
New York
|
-$4.48M |
| 5 |
D.E. Shaw & Co
New York
|
-$2.42M |
GOGO Hedge Fund Activity: Q3 2017 in Review
125 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q3 2017, worth a combined $722M — up 8.3% from $666M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of GOGO and 14 opened new positions — a net loss of 8 holders — while 41 trimmed existing stakes and 48 added.
The largest buyer was Senator Investment Group, opening a new position worth an estimated $41.5M. The largest seller was Fidelity Investments, cutting an estimated $10.1M.
- 125 institutional investors held Gogo Inc (GOGO) as of Q3 2017, down from 135 in Q2 2017.
- Funds reported $722M of Gogo Inc stock for Q3 2017, up 8.3% quarter-over-quarter.
- 14 funds opened new Gogo Inc positions in Q3 2017 and 22 closed out, a net change of -8 holders.
- The largest Gogo Inc buyer in Q3 2017 was Senator Investment Group, an estimated $41.5M added.
- The largest Gogo Inc seller in Q3 2017 was Fidelity Investments, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2017.