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 $149M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 20 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 17
8% less funds holding
Funds holding: 72 → 66 (-6)
11% less call options, than puts
Call options by funds: $4.28M | Put options by funds: $4.83M
22% less capital invested
Capital invested by funds: $191M → $149M (-$41.7M)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$24.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.33M |
| 3 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$3.08M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$892K |
| 5 |
BCM
Bienville Capital Management
New York
|
+$851K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$11M |
| 2 |
AC
AMS Capital
Sao Paulo,
Brazil
|
-$7.86M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$5.14M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.46M |
| 5 |
JP Morgan Chase
New York
|
-$3.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Calamos Advisors
Naperville,
Illinois
| – | -$446K | -45,400 | Closed |
|
|
VSI
77
Verde Servicos Internacionais
Sao Paulo,
Brazil
| – | -$283K | -28,847 | Closed |
|
78
Balyasny Asset Management
Chicago,
Illinois
| – | -$245K | -24,998 | Closed |
|
|
GSEP
79
Golden State Equity Partners
South Coast Metro,
California
| – | -$208K | -21,150 | Closed |
|
|
WCM
80
Weld Capital Management
New York
| – | -$184K | -18,762 | Closed |
|
81
UBS Group
Zurich,
Switzerland
| – | -$130K | -13,190 | Closed |
|
|
BCM
82
Bluefin Capital Management
New York
| – | -$118K | -12,000 | Closed |
|
|
FC
83
FORA Capital
Miami,
Florida
| – | -$67K | -6,834 | Closed |
|
|
FTDI
84
First Trust Direct Indexing
Boston,
Massachusetts
| – | -$7K | -713 | Closed |
|
GOL Hedge Fund Activity: Q1 2021 in Review
66 of the 5,695 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 2021, worth a combined $149M — down 22% from $191M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of GOL and 15 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 20 added.
The largest buyer was U.S. Global Investors (USGI), adding an estimated $24.6M. The largest seller was Millennium Management, exiting entirely with an estimated $11M sold.
- 66 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q1 2021, down from 72 in Q4 2020.
- Funds reported $149M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q1 2021, down 22% quarter-over-quarter.
- 15 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q1 2021 and 20 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 Q1 2021 was U.S. Global Investors (USGI), an estimated $24.6M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q1 2021 was Millennium Management, an estimated $11M sold.
Based on aggregated 13F filings for Q1 2021.