Gogo Inc
GOGO
117 hedge funds and large institutions have $307M invested in Gogo Inc in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 47 increasing their positions, 22 reducing their positions, and 14 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 22
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
7% more capital invested
Capital invested by funds: $288M → $307M (+$19.1M)
6% more funds holding
Funds holding: 110 → 117 (+7)
0.56% less ownership
Funds ownership: 68.05% → 67.5% (-0.56%)
81% less call options, than puts
Call options by funds: $5.84M | Put options by funds: $30.4M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$6.45M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$5.34M |
| 3 |
VM
Valinor Management
New York
|
+$4.85M |
| 4 |
SPCM
Sound Point Capital Management
New York
|
+$4.84M |
| 5 |
SMC
S. Muoio & Co
New York
|
+$3.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$15M |
| 2 |
BCM
Billings Capital Management
Arlington,
Virginia
|
-$14.4M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$10.8M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$2.78M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.23M |
GOGO Hedge Fund Activity: Q3 2018 in Review
117 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Gogo Inc (GOGO) for Q3 2018, worth a combined $307M — up 6.6% from $288M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new GOGO positions and 14 closed out — a net gain of 7 holders — while 47 added to existing stakes and 22 trimmed.
The largest buyer was Elk Creek Partners, adding an estimated $6.45M. The largest seller was Fidelity Investments, cutting an estimated $15M.
- 117 institutional investors held Gogo Inc (GOGO) as of Q3 2018, up from 110 in Q2 2018.
- Funds reported $307M of Gogo Inc stock for Q3 2018, up 6.6% quarter-over-quarter.
- 21 funds opened new Gogo Inc positions in Q3 2018 and 14 closed out, a net change of +7 holders.
- The largest Gogo Inc buyer in Q3 2018 was Elk Creek Partners, an estimated $6.45M added.
- The largest Gogo Inc seller in Q3 2018 was Fidelity Investments, an estimated $15M sold.
Based on aggregated 13F filings for Q3 2018.