Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
70 hedge funds and large institutions have $229M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2013 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 15 increasing their positions, 27 reducing their positions, and 13 closing their positions.
111% more call options, than puts
Call options by funds: $7.08M | Put options by funds: $3.35M
87% more capital invested
Capital invested by funds: $123M → $229M (+$107M)
62% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 13
11% more funds holding
Funds holding: 63 → 70 (+7)
44% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$20.6M |
| 2 |
AG
Ashmore Group
London,
United Kingdom
|
+$17.7M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$16.6M |
| 4 |
COPM
Charter Oak Partners Management
Westport,
Connecticut
|
+$2.57M |
| 5 |
MC
Maplelane Capital
New York
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.54M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$4.11M |
| 3 |
IUAM
Itau USA Asset Management
New York
|
-$2.19M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.11M |
| 5 |
Renaissance Technologies
New York
|
-$1.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Neuberger Berman Group
New York
| – | -$102K | -15,252 | Closed |
|
77
KBC Group
Brussels,
Belgium
| – | -$69K | -10,331 | Closed |
|
|
DAM
78
Deltec Asset Management
New York
| – | -$67K | -10,000 | Closed |
|
79
UBS AM
Chicago,
Illinois
| – | -$37K | -5,450 | Closed |
|
|
MA
80
MUFG Americas
New York
| – | -$7K | -1,000 | Closed |
|
81
Ameriprise
Minneapolis,
Minnesota
| – | +$254 | +33 | +220% |
|
82
Creative Planning
Overland Park,
Kansas
| – | +$385 | +50 | New |
|
GOL Hedge Fund Activity: Q3 2013 in Review
70 of the 3,084 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 2013, worth a combined $229M — up 87% from $123M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new GOL positions and 13 closed out — a net gain of 8 holders — while 15 added to existing stakes and 27 trimmed.
The largest buyer was Manning & Napier Advisors, opening a new position worth an estimated $20.6M. The largest seller was Wellington Management Group, cutting an estimated $7.54M.
- 70 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q3 2013, up from 63 in Q2 2013.
- Funds reported $229M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q3 2013, up 87% quarter-over-quarter.
- 21 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q3 2013 and 13 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 2013 was Manning & Napier Advisors, an estimated $20.6M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q3 2013 was Wellington Management Group, an estimated $7.54M sold.
Based on aggregated 13F filings for Q3 2013.