Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
60 hedge funds and large institutions have $99.1M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2015 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 20 reducing their positions, and 20 closing their positions.
295% more call options, than puts
Call options by funds: $348K | Put options by funds: $88K
9% less funds holding
Funds holding: 66 → 60 (-6)
15% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 20
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
66% less capital invested
Capital invested by funds: $289M → $99.1M (-$190M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$15.5M |
| 2 |
LCM
Lakewood Capital Management
New York
|
+$2.89M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.12M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.39M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$986K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$31.8M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$10.8M |
| 3 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$8.16M |
| 4 |
BAMCO Inc
New York
|
-$6.7M |
| 5 |
Bank of New York Mellon
New York
|
-$6.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
76
QCM Cayman
Houston,
Texas
| – | -$116K | -10,090 | Closed |
|
|
FIM
77
Freedom Investment Management
Hartford,
Connecticut
| – | -$98K | -8,522 | Closed |
|
|
NCCM
78
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$87K | -7,550 | Closed |
|
79
Citigroup
New York
| – | -$2K | -148 | Closed |
|
GOL Hedge Fund Activity: Q1 2015 in Review
60 of the 3,752 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 Q1 2015, worth a combined $99.1M — down 66% from $289M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of GOL and 14 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 17 added.
The largest buyer was Whitebox Advisors, adding an estimated $15.5M. The largest seller was Wellington Management Group, exiting entirely with an estimated $31.8M sold.
- 60 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q1 2015, down from 66 in Q4 2014.
- Funds reported $99.1M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q1 2015, down 66% quarter-over-quarter.
- 14 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q1 2015 and 20 closed out, a net change of -6 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q1 2015 was Whitebox Advisors, an estimated $15.5M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q1 2015 was Wellington Management Group, an estimated $31.8M sold.
Based on aggregated 13F filings for Q1 2015.