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

GOL

Market cap $4.35B

GOL Hedge Fund Activity: Q3 2021 in Review

66 of the 5,712 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 Q3 2021, worth a combined $131M — down 20% from $163M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of GOL and 11 opened new positions — a net loss of 8 holders — while 19 trimmed existing stakes and 23 added.

The largest buyer was Citadel Advisors, adding an estimated $5.07M. The largest seller was Millennium Management, exiting entirely with an estimated $5.9M sold.

• 66 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q3 2021, down from 75 in Q2 2021.
• Funds reported $131M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q3 2021, down 20% quarter-over-quarter.
• 11 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q3 2021 and 19 closed out, a net change of -8 holders.
• The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q3 2021 was Citadel Advisors, an estimated $5.07M added.
• The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q3 2021 was Millennium Management, an estimated $5.9M sold.

Based on aggregated 13F filings for Q3 2021.