Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
22 hedge funds and large institutions have $20.2M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 14 reducing their positions, and 8 closing their positions.
2% less capital invested
Capital invested by funds: $20.7M → $20.2M (-$472K)
24% less funds holding
Funds holding: 29 → 22 (-7)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
93% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$1.44M |
| 2 |
Renaissance Technologies
New York
|
+$820K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$152 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$3.07M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.58M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$1.45M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$931K |
| 5 |
Jane Street
New York
|
-$142K |
GOL Hedge Fund Activity: Q2 2016 in Review
22 of the 3,756 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 2016, worth a combined $20.2M — down 2.3% from $20.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GOL and 2 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 1 added.
The largest buyer was Contrarian Capital Management, opening a new position worth an estimated $1.44M. The largest seller was Whitebox Advisors, cutting an estimated $3.07M.
- 22 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q2 2016, down from 29 in Q1 2016.
- Funds reported $20.2M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q2 2016, down 2.3% quarter-over-quarter.
- 2 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q2 2016 and 8 closed out, a net change of -6 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q2 2016 was Contrarian Capital Management, an estimated $1.44M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q2 2016 was Whitebox Advisors, an estimated $3.07M sold.
Based on aggregated 13F filings for Q2 2016.