Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
52 hedge funds and large institutions have $157M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 6 closing their positions.
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
27% more funds holding
Funds holding: 41 → 52 (+11)
14% more capital invested
Capital invested by funds: $137M → $157M (+$19.7M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$7M |
| 2 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$4.68M |
| 3 |
BlackRock
New York
|
+$4.11M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.51M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.84M |
| 2 |
Morgan Stanley
New York
|
-$1.88M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.44M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
-$1.14M |
| 5 |
DTL
Dynamic Technology Lab
Singapore
|
-$303K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIM
51
Sonora Investment Management
Tucson,
Arizona
| $175 | – | – | – |
|
|
QC
52
QCM Cayman
Houston,
Texas
| – | -$146K | -86,375 | Closed |
|
|
DTL
53
Dynamic Technology Lab
Singapore
| – | -$303K | -35,783 | Closed |
|
|
QC
54
Quadrature Capital
London,
United Kingdom
| – | -$257K | -30,420 | Closed |
|
55
Capital Fund Management (CFM)
Paris,
France
| – | -$243K | -28,750 | Closed |
|
|
VF
56
Virtu Financial
New York
| – | -$217K | -25,688 | Closed |
|
|
HNB
57
Huntington National Bank
Columbus,
Ohio
| – | -$4K | -500 | Closed |
|
|
FGC
58
Financial Gravity Companies
Lakeway,
Texas
| – | +$308 | +35 | New |
|
GOL Hedge Fund Activity: Q4 2017 in Review
52 of the 4,409 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 2017, worth a combined $157M — up 14% from $137M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new GOL positions and 6 closed out — a net gain of 11 holders — while 13 added to existing stakes and 17 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $7M. The largest seller was Millennium Management, cutting an estimated $2.84M.
- 52 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q4 2017, up from 41 in Q3 2017.
- Funds reported $157M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q4 2017, up 14% quarter-over-quarter.
- 17 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q4 2017 and 6 closed out, a net change of +11 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q4 2017 was Renaissance Technologies, an estimated $7M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q4 2017 was Millennium Management, an estimated $2.84M sold.
Based on aggregated 13F filings for Q4 2017.