Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
66 hedge funds and large institutions have $289M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 29 reducing their positions, and 19 closing their positions.
15% more capital invested
Capital invested by funds: $251M → $289M (+$38.4M)
10% less funds holding
Funds holding: 73 → 66 (-7)
19% less call options, than puts
Call options by funds: $181K | Put options by funds: $223K
26% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 19
34% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$16.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.68M |
| 3 |
BAMCO Inc
New York
|
+$5.13M |
| 4 |
Bank of New York Mellon
New York
|
+$4.11M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$12M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.97M |
| 3 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$5.05M |
| 4 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$4.57M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$4.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Walleye Trading
New York
| – | -$79K | -8,264 | Closed |
|
77
Verition Fund Management
Greenwich,
Connecticut
| – | -$59K | -6,179 | Closed |
|
78
Group One Trading
Chicago,
Illinois
| – | -$39.8K | -3,878 | Closed |
|
|
AIG
79
American International Group
New York
| – | -$26.3K | -2,737 | Closed |
|
|
WAM
80
Wolverine Asset Management
Chicago,
Illinois
| – | -$24K | -2,500 | Closed |
|
81
Wells Fargo
San Francisco,
California
| – | -$13.1K | -1,280 | -99% |
|
|
HMS
82
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$10K | -1,060 | Closed |
|
|
MFS
83
MSI Financial Services
Springfield,
Massachusetts
| – | -$6K | -577 | Closed |
|
84
Ameriprise
Minneapolis,
Minnesota
| – | -$2K | -185 | Closed |
|
|
TRCT
85
Tower Research Capital (TRC)
New York
| – | -$1.66K | -162 | -89% |
|
GOL Hedge Fund Activity: Q4 2014 in Review
66 of the 3,751 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 2014, worth a combined $289M — up 15% from $251M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of GOL and 14 opened new positions — a net loss of 5 holders — while 29 trimmed existing stakes and 19 added.
The largest buyer was Contrarian Capital Management, opening a new position worth an estimated $16.5M. The largest seller was Grantham, Mayo, Van Otterloo & Co (GMO), cutting an estimated $12M.
- 66 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q4 2014, down from 73 in Q3 2014.
- Funds reported $289M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q4 2014, up 15% quarter-over-quarter.
- 14 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q4 2014 and 19 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 2014 was Contrarian Capital Management, an estimated $16.5M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q4 2014 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $12M sold.
Based on aggregated 13F filings for Q4 2014.