Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
65 hedge funds and large institutions have $263M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 17 closing their positions.
15% more capital invested
Capital invested by funds: $229M → $263M (+$33.5M)
1% less call options, than puts
Call options by funds: $4.42M | Put options by funds: $4.47M
7% less funds holding
Funds holding: 70 → 65 (-5)
28% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 25
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$24.6M |
| 2 |
GTP
Global Thematic Partners
New York
|
+$14.1M |
| 3 |
AG
Ashmore Group
London,
United Kingdom
|
+$7.45M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.25M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.34M |
| 2 |
Goldman Sachs
New York
|
-$4.03M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$966K |
| 4 |
WIC
Woodmont Investment Counsel
Nashville,
Tennessee
|
-$823K |
| 5 |
WCA
Woodbine Capital Advisors
New York
|
-$782K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
76
Howland Capital Management
Boston,
Massachusetts
| – | -$147K | -15,000 | Closed |
|
|
SCA
77
SAC Capital Advisors
Stamford,
Connecticut
| – | -$103K | -10,571 | Closed |
|
|
NCCM
78
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$96K | -9,800 | Closed |
|
|
WAM
79
World Asset Management
Detroit,
Michigan
| – | -$59K | -6,063 | Closed |
|
80
Daiwa Securities Group
Tokyo,
Japan
| – | -$52K | -5,300 | Closed |
|
GOL Hedge Fund Activity: Q4 2013 in Review
65 of the 3,445 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 2013, worth a combined $263M — up 15% from $229M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of GOL and 12 opened new positions — a net loss of 5 holders — while 25 trimmed existing stakes and 18 added.
The largest buyer was Artisan Partners, opening a new position worth an estimated $24.6M. The largest seller was Wellington Management Group, cutting an estimated $7.34M.
- 65 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q4 2013, down from 70 in Q3 2013.
- Funds reported $263M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q4 2013, up 15% quarter-over-quarter.
- 12 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q4 2013 and 17 closed out, a net change of -5 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q4 2013 was Artisan Partners, an estimated $24.6M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q4 2013 was Wellington Management Group, an estimated $7.34M sold.
Based on aggregated 13F filings for Q4 2013.