Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
68 hedge funds and large institutions have $103M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
3% more funds holding
Funds holding: 66 → 68 (+2)
2% more call options, than puts
Call options by funds: $9.29M | Put options by funds: $9.13M
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
21% less capital invested
Capital invested by funds: $131M → $103M (-$27.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$5.43M |
| 2 |
Morgan Stanley
New York
|
+$4.94M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$1.89M |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$1.56M |
| 5 |
JG
Jefferies Group
New York
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$6.45M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.51M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$1.73M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$1.02M |
| 5 |
Jane Street
New York
|
-$1M |
GOL Hedge Fund Activity: Q4 2021 in Review
68 of the 6,498 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 2021, worth a combined $103M — down 21% from $131M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GOL positions and 8 closed out — a net gain of 3 holders — while 20 added to existing stakes and 23 trimmed.
The largest buyer was Intrinsic Edge Capital Management, opening a new position worth an estimated $5.43M. The largest seller was Bank of America, cutting an estimated $6.45M.
- 68 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q4 2021, up from 66 in Q3 2021.
- Funds reported $103M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q4 2021, down 21% quarter-over-quarter.
- 11 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q4 2021 and 8 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 2021 was Intrinsic Edge Capital Management, an estimated $5.43M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q4 2021 was Bank of America, an estimated $6.45M sold.
Based on aggregated 13F filings for Q4 2021.