Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
56 hedge funds and large institutions have $11M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 23 reducing their positions, and 13 closing their positions.
14% less funds holding
Funds holding: 65 → 56 (-9)
26% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 23
69% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 13
78% less capital invested
Capital invested by funds: $50.5M → $11M (-$39.5M)
90% less call options, than puts
Call options by funds: $1.17M | Put options by funds: $11.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.24M |
| 2 |
Optiver Holding
Amsterdam,
Netherlands
|
+$483K |
| 3 |
Goldman Sachs
New York
|
+$444K |
| 4 |
Renaissance Technologies
New York
|
+$444K |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.44M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.74M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.72M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$1.49M |
| 5 |
VSI
Verde Servicos Internacionais
Sao Paulo,
Brazil
|
-$1.31M |
GOL Hedge Fund Activity: Q3 2023 in Review
56 of the 6,301 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 2023, worth a combined $11M — down 78% from $50.5M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of GOL and 4 opened new positions — a net loss of 9 holders — while 23 trimmed existing stakes and 17 added.
The largest buyer was BlackRock, adding an estimated $1.24M. The largest seller was Morgan Stanley, cutting an estimated $9.44M.
- 56 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q3 2023, down from 65 in Q2 2023.
- Funds reported $11M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q3 2023, down 78% quarter-over-quarter.
- 4 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q3 2023 and 13 closed out, a net change of -9 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q3 2023 was BlackRock, an estimated $1.24M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q3 2023 was Morgan Stanley, an estimated $9.44M sold.
Based on aggregated 13F filings for Q3 2023.