Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
22 hedge funds and large institutions have $26.3M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 13 reducing their positions, and 8 closing their positions.
32% more capital invested
Capital invested by funds: $19.9M → $26.3M (+$6.31M)
24% less funds holding
Funds holding: 29 → 22 (-7)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
85% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$2.86M |
| 2 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$1.44M |
| 3 |
Renaissance Technologies
New York
|
+$820K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$152 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$3.07M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.58M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$155K |
| 4 |
Jane Street
New York
|
-$142K |
| 5 |
Norges Bank
Oslo,
Norway
|
-$138K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| – | -$5K | -3,625 | Closed |
|
27
Creative Planning
Overland Park,
Kansas
| – | -$5K | -3,500 | Closed |
|
|
CG
28
Cutler Group
San Francisco,
California
| – | -$311 | -205 | Closed |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| – | +$152 | +100 | New |
|
GOL Hedge Fund Activity: Q2 2016 in Review
22 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) for Q2 2016, worth a combined $26.3M — up 32% from $19.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GOL and 2 opened new positions — a net loss of 6 holders — while 13 trimmed existing stakes and 2 added.
The largest buyer was Macquarie Group, adding an estimated $2.86M. The largest seller was Whitebox Advisors, cutting an estimated $3.07M.
- 22 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q2 2016, down from 29 in Q1 2016.
- Funds reported $26.3M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q2 2016, up 32% quarter-over-quarter.
- 2 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q2 2016 and 8 closed out, a net change of -6 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q2 2016 was Macquarie Group, an estimated $2.86M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q2 2016 was Whitebox Advisors, an estimated $3.07M sold.
Based on aggregated 13F filings for Q2 2016.