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 $131M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2021 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 19 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
12% less funds holding
Funds holding: 75 → 66 (-9)
20% less capital invested
Capital invested by funds: $163M → $131M (-$32M)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
44% less call options, than puts
Call options by funds: $7.38M | Put options by funds: $13.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$5.07M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.76M |
| 3 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$3.11M |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$3.05M |
| 5 |
TCM
Tenor Capital Management
New York
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$5.9M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$5.72M |
| 3 |
Morgan Stanley
New York
|
-$5.27M |
| 4 |
JG
Jefferies Group
New York
|
-$2.07M |
| 5 |
BlackRock
New York
|
-$2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Wolverine Trading
Chicago,
Illinois
| – | -$229K | -24,622 | Closed |
|
77
Optiver Holding
Amsterdam,
Netherlands
| – | -$174K | -22,341 | Closed |
|
|
CAC
78
Cowen and Company
New York
| – | -$184K | -20,000 | Closed |
|
|
SC
79
Shay Capital
New York
| – | -$138K | -15,000 | Closed |
|
|
F
80
F3Logic
Burnsville,
Minnesota
| – | -$101K | -11,001 | Closed |
|
|
QIM
81
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$94K | -10,244 | Closed |
|
82
Citigroup
New York
| – | -$89K | -9,688 | Closed |
|
|
QT
83
Quantbot Technologies
New York
| – | -$61K | -6,700 | Closed |
|
84
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -415 | Closed |
|
GOL Hedge Fund Activity: Q3 2021 in Review
66 of the 5,712 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 Q3 2021, worth a combined $131M — down 20% from $163M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of GOL and 11 opened new positions — a net loss of 8 holders — while 19 trimmed existing stakes and 23 added.
The largest buyer was Citadel Advisors, adding an estimated $5.07M. The largest seller was Millennium Management, exiting entirely with an estimated $5.9M sold.
- 66 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q3 2021, down from 75 in Q2 2021.
- Funds reported $131M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q3 2021, down 20% quarter-over-quarter.
- 11 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q3 2021 and 19 closed out, a net change of -8 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q3 2021 was Citadel Advisors, an estimated $5.07M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q3 2021 was Millennium Management, an estimated $5.9M sold.
Based on aggregated 13F filings for Q3 2021.