Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
24 hedge funds and large institutions have $43.4M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 5 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
65% more capital invested
Capital invested by funds: $26.3M → $43.4M (+$17.1M)
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
9% more funds holding
Funds holding: 22 → 24 (+2)
97% less call options, than puts
Call options by funds: $6K | Put options by funds: $233K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$6.89M |
| 2 |
Renaissance Technologies
New York
|
+$2.35M |
| 3 |
Millennium Management
New York
|
+$724K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$568K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$384K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$10M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$1.77M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$917K |
| 4 |
Jane Street
New York
|
-$774K |
| 5 |
Morgan Stanley
New York
|
-$267K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Jane Street
New York
| – | -$774K | -365,260 | Closed |
|
|
CS
27
Credit Suisse
Zurich,
Switzerland
| – | -$223K | -105,585 | Closed |
|
28
Wells Fargo
San Francisco,
California
| – | -$18 | -5 | Closed |
|
GOL Hedge Fund Activity: Q3 2016 in Review
24 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 Q3 2016, worth a combined $43.4M — up 65% from $26.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GOL positions and 5 closed out — a net gain of 2 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Contrarian Capital Management, adding an estimated $6.89M. The largest seller was Macquarie Group, cutting an estimated $10M.
- 24 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q3 2016, up from 22 in Q2 2016.
- Funds reported $43.4M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q3 2016, up 65% quarter-over-quarter.
- 7 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q3 2016 and 5 closed out, a net change of +2 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q3 2016 was Contrarian Capital Management, an estimated $6.89M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q3 2016 was Macquarie Group, an estimated $10M sold.
Based on aggregated 13F filings for Q3 2016.