Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
37 hedge funds and large institutions have $54.2M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2017 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 14 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 40 → 37 (-3)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
53% less capital invested
Capital invested by funds: $115M → $54.2M (-$60.7M)
77% less call options, than puts
Call options by funds: $657K | Put options by funds: $2.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.85M |
| 2 |
Renaissance Technologies
New York
|
+$1.48M |
| 3 |
Jane Street
New York
|
+$1.36M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.25M |
| 5 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
-$47.2M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$5.21M |
| 3 |
AG
Ashmore Group
London,
United Kingdom
|
-$4.44M |
| 4 |
Millennium Management
New York
|
-$2.63M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Creative Planning
Overland Park,
Kansas
| – | -$3K | -575 | Closed |
|
GOL Hedge Fund Activity: Q2 2017 in Review
37 of the 4,011 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 2017, worth a combined $54.2M — down 53% from $115M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of GOL and 11 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 14 added.
The largest buyer was Morgan Stanley, adding an estimated $2.85M. The largest seller was Credit Agricole, exiting entirely with an estimated $47.2M sold.
- 37 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q2 2017, down from 40 in Q1 2017.
- Funds reported $54.2M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q2 2017, down 53% quarter-over-quarter.
- 11 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q2 2017 and 14 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 Q2 2017 was Morgan Stanley, an estimated $2.85M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q2 2017 was Credit Agricole, an estimated $47.2M sold.
Based on aggregated 13F filings for Q2 2017.