Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
65 hedge funds and large institutions have $48.6M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 24 reducing their positions, and 23 closing their positions.
17% less funds holding
Funds holding: 78 → 65 (-13)
25% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 24
39% less call options, than puts
Call options by funds: $3.29M | Put options by funds: $5.39M
52% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 23
59% less capital invested
Capital invested by funds: $117M → $48.6M (-$68.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.2M |
| 2 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
+$1.92M |
| 3 |
Optiver Holding
Amsterdam,
Netherlands
|
+$1.69M |
| 4 |
Jane Street
New York
|
+$1.63M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$963K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CII
Capital International Inc
Los Angeles,
California
|
-$8.4M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$6.13M |
| 3 |
Millennium Management
New York
|
-$3.59M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.86M |
| 5 |
SG Americas Securities
New York
|
-$1.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Ameriprise
Minneapolis,
Minnesota
| – | -$162K | -22,566 | Closed |
|
77
Two Sigma Investments
New York
| – | -$157K | -21,845 | Closed |
|
|
RJA
78
Raymond James & Associates
St Petersburg,
Florida
| – | -$145K | -20,098 | Closed |
|
|
FRM
79
Fox Run Management
Greenwich,
Connecticut
| – | -$133K | -18,412 | Closed |
|
|
VF
80
Virtu Financial
New York
| – | -$117K | -16,261 | Closed |
|
|
HF
81
HRT Financial
New York
| – | -$111K | -15,424 | Closed |
|
|
PP
82
Paloma Partners
Greenwich,
Connecticut
| – | -$75K | -10,360 | Closed |
|
|
QCG
83
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$12K | -1,618 | Closed |
|
84
Citigroup
New York
| – | -$7K | -1,000 | Closed |
|
|
PA
85
Parallel Advisors
San Francisco,
California
| – | -$3K | -394 | Closed |
|
|
BFC
86
Bedel Financial Consulting
Indianapolis,
Indiana
| – | -$3K | -350 | Closed |
|
|
CG
87
Cutler Group
San Francisco,
California
| – | -$1K | -200 | Closed |
|
88
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -81 | Closed |
|
GOL Hedge Fund Activity: Q2 2022 in Review
65 of the 5,936 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 2022, worth a combined $48.6M — down 59% from $117M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of GOL and 11 opened new positions — a net loss of 12 holders — while 24 trimmed existing stakes and 18 added.
The largest buyer was Morgan Stanley, adding an estimated $10.2M. The largest seller was Capital International Inc, exiting entirely with an estimated $8.4M sold.
- 65 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q2 2022, down from 78 in Q1 2022.
- Funds reported $48.6M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q2 2022, down 59% quarter-over-quarter.
- 11 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q2 2022 and 23 closed out, a net change of -12 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q2 2022 was Morgan Stanley, an estimated $10.2M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q2 2022 was Capital International Inc, an estimated $8.4M sold.
Based on aggregated 13F filings for Q2 2022.