Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
77 hedge funds and large institutions have $424M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2019 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 26 increasing their positions, 24 reducing their positions, and 17 closing their positions.
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
7% more capital invested
Capital invested by funds: $396M → $424M (+$28.3M)
1% more funds holding
Funds holding: 76 → 77 (+1)
8% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 24
37% less call options, than puts
Call options by funds: $742K | Put options by funds: $1.18M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$10.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$7.13M |
| 3 |
BlackRock
New York
|
+$6.05M |
| 4 |
CG
Compass Group
New York
|
+$5.19M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$2.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$26.1M |
| 2 |
Millennium Management
New York
|
-$9.18M |
| 3 |
Two Sigma Investments
New York
|
-$7.87M |
| 4 |
JP Morgan Chase
New York
|
-$6.83M |
| 5 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$6.07M |
GOL Hedge Fund Activity: Q4 2019 in Review
77 of the 5,075 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 Q4 2019, worth a combined $424M — up 7.1% from $396M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new GOL positions and 17 closed out — a net gain of 3 holders — while 26 added to existing stakes and 24 trimmed.
The largest buyer was Contrarian Capital Management, adding an estimated $10.2M. The largest seller was Morgan Stanley, cutting an estimated $26.1M.
- 77 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q4 2019, up from 76 in Q3 2019.
- Funds reported $424M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q4 2019, up 7.1% quarter-over-quarter.
- 20 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q4 2019 and 17 closed out, a net change of +3 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q4 2019 was Contrarian Capital Management, an estimated $10.2M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q4 2019 was Morgan Stanley, an estimated $26.1M sold.
Based on aggregated 13F filings for Q4 2019.