Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)

GOL

Market cap $4.35B

GOL Hedge Fund Activity: Q4 2020 in Review

72 of the 5,651 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 2020, worth a combined $191M — up 80% from $106M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new GOL positions and 9 closed out — a net gain of 11 holders — while 21 added to existing stakes and 18 trimmed.

The largest buyer was Millennium Management, adding an estimated $7.44M. The largest seller was BlackRock, cutting an estimated $5.95M.

• 72 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q4 2020, up from 61 in Q3 2020.
• Funds reported $191M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q4 2020, up 80% quarter-over-quarter.
• 20 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q4 2020 and 9 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 2020 was Millennium Management, an estimated $7.44M added.
• The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q4 2020 was BlackRock, an estimated $5.95M sold.

Based on aggregated 13F filings for Q4 2020.