Gogo Inc
GOGO
114 hedge funds and large institutions have $556M invested in Gogo Inc in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 44 increasing their positions, 31 reducing their positions, and 26 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 31
3.37% less ownership
Funds ownership: 77.59% → 74.22% (-3.4%)
9% less funds holding
Funds holding: 125 → 114 (-11)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
41% less capital inflows, than outflows
Capital inflows: $48.3M | Capital outflows: $81.5M
42% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 26
74% less call options, than puts
Call options by funds: $6.56M | Put options by funds: $25.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Frontier Capital Management
Boston,
Massachusetts
|
+$10.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$7.35M |
| 3 |
Senator Investment Group
New York
|
+$6.59M |
| 4 |
Millennium Management
New York
|
+$3.3M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hodges Capital Management
Dallas,
Texas
|
-$18.2M |
| 2 |
Marathon Asset Management (New York)
New York
|
-$9.05M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$8.35M |
| 4 |
SRFM
Shannon River Fund Management
New York
|
-$5.66M |
| 5 |
Sculptor Capital
New York
|
-$3.76M |
GOGO Hedge Fund Activity: Q1 2018 in Review
114 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q1 2018, worth a combined $556M — down 27% from $759M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of GOGO and 15 opened new positions — a net loss of 11 holders — while 31 trimmed existing stakes and 44 added.
The largest buyer was Frontier Capital Management, adding an estimated $10.2M. The largest seller was Hodges Capital Management, cutting an estimated $18.2M.
- 114 institutional investors held Gogo Inc (GOGO) as of Q1 2018, down from 125 in Q4 2017.
- Funds reported $556M of Gogo Inc stock for Q1 2018, down 27% quarter-over-quarter.
- 15 funds opened new Gogo Inc positions in Q1 2018 and 26 closed out, a net change of -11 holders.
- The largest Gogo Inc buyer in Q1 2018 was Frontier Capital Management, an estimated $10.2M added.
- The largest Gogo Inc seller in Q1 2018 was Hodges Capital Management, an estimated $18.2M sold.
Based on aggregated 13F filings for Q1 2018.