Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
63 hedge funds and large institutions have $17M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
2% more funds holding
Funds holding: 62 → 63 (+1)
35% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 23
49% less capital invested
Capital invested by funds: $33.6M → $17M (-$16.6M)
80% less call options, than puts
Call options by funds: $3.03M | Put options by funds: $14.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFG
Jefferies Financial Group
New York
|
+$579K |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$522K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$408K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$364K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$310K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.48M |
| 2 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$1.2M |
| 3 |
Jane Street
New York
|
-$863K |
| 4 |
Optiver Holding
Amsterdam,
Netherlands
|
-$843K |
| 5 |
Lazard Asset Management
New York
|
-$680K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Mariner
Overland Park,
Kansas
| – | -$66K | -20,055 | Closed |
|
GOL Hedge Fund Activity: Q4 2022 in Review
63 of the 6,221 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 Q4 2022, worth a combined $17M — down 49% from $33.6M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new GOL positions and 13 closed out — a net gain of 2 holders — while 15 added to existing stakes and 23 trimmed.
The largest buyer was Jefferies Financial Group, opening a new position worth an estimated $579K. The largest seller was Morgan Stanley, cutting an estimated $5.48M.
- 63 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q4 2022, up from 62 in Q3 2022.
- Funds reported $17M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q4 2022, down 49% quarter-over-quarter.
- 15 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q4 2022 and 13 closed out, a net change of +2 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q4 2022 was Jefferies Financial Group, an estimated $579K added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q4 2022 was Morgan Stanley, an estimated $5.48M sold.
Based on aggregated 13F filings for Q4 2022.