Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
61 hedge funds and large institutions have $120M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 17 closing their positions.
34% more capital invested
Capital invested by funds: $89.8M → $120M (+$30.2M)
2% more funds holding
Funds holding: 60 → 61 (+1)
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
39% less call options, than puts
Call options by funds: $2.53M | Put options by funds: $4.12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.67M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$4.39M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$3.47M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.52M |
| 5 |
Millennium Management
New York
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$12.4M |
| 2 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$8.54M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$4.63M |
| 4 |
EWA
Evolution Wealth Advisors
Aventura,
Florida
|
-$4.51M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$1.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Rockefeller Capital Management
New York
| – | -$1K | -245 | Closed |
|
|
PFGIA
77
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | +$37 | +7 | +23% |
|
GOL Hedge Fund Activity: Q2 2020 in Review
61 of the 4,877 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 Q2 2020, worth a combined $120M — up 34% from $89.8M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new GOL positions and 17 closed out — a net gain of 1 holder — while 16 added to existing stakes and 20 trimmed.
The largest buyer was BlackRock, adding an estimated $6.67M. The largest seller was Renaissance Technologies, cutting an estimated $12.4M.
- 61 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q2 2020, up from 60 in Q1 2020.
- Funds reported $120M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q2 2020, up 34% quarter-over-quarter.
- 18 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q2 2020 and 17 closed out, a net change of +1 holder.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q2 2020 was BlackRock, an estimated $6.67M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q2 2020 was Renaissance Technologies, an estimated $12.4M sold.
Based on aggregated 13F filings for Q2 2020.