Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
40 hedge funds and large institutions have $115M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 5 closing their positions.
260% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 5
243% more capital invested
Capital invested by funds: $33.5M → $115M (+$81.4M)
48% more funds holding
Funds holding: 27 → 40 (+13)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
73% less call options, than puts
Call options by funds: $950K | Put options by funds: $3.52M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
+$45.2M |
| 2 |
Millennium Management
New York
|
+$2.97M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$2.77M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$931K |
| 5 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$915K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shah Capital Management
Raleigh,
North Carolina
|
-$3.47M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.01M |
| 3 |
Jane Street
New York
|
-$392K |
| 4 |
VF
Virtu Financial
New York
|
-$342K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$325K |
GOL Hedge Fund Activity: Q1 2017 in Review
40 of the 4,017 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 Q1 2017, worth a combined $115M — up 243% from $33.5M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new GOL positions and 5 closed out — a net gain of 13 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Credit Agricole, opening a new position worth an estimated $45.2M. The largest seller was Shah Capital Management, exiting entirely with an estimated $3.47M sold.
- 40 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q1 2017, up from 27 in Q4 2016.
- Funds reported $115M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q1 2017, up 243% quarter-over-quarter.
- 18 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q1 2017 and 5 closed out, a net change of +13 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q1 2017 was Credit Agricole, an estimated $45.2M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q1 2017 was Shah Capital Management, an estimated $3.47M sold.
Based on aggregated 13F filings for Q1 2017.