Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
41 hedge funds and large institutions have $137M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2017 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 7 closing their positions.
153% more capital invested
Capital invested by funds: $54.2M → $137M (+$83M)
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
53% more call options, than puts
Call options by funds: $525K | Put options by funds: $344K
11% more funds holding
Funds holding: 37 → 41 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$8.72M |
| 2 |
Renaissance Technologies
New York
|
+$5.43M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$3.37M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$2.95M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.11M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$682K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$222K |
| 4 |
Goldman Sachs
New York
|
-$212K |
| 5 |
FRM
Fox Run Management
Greenwich,
Connecticut
|
-$194K |
GOL Hedge Fund Activity: Q3 2017 in Review
41 of the 4,022 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 2017, worth a combined $137M — up 153% from $54.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GOL positions and 7 closed out — a net gain of 5 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Contrarian Capital Management, adding an estimated $8.72M. The largest seller was Jane Street, exiting entirely with an estimated $1.11M sold.
- 41 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q3 2017, up from 37 in Q2 2017.
- Funds reported $137M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q3 2017, up 153% quarter-over-quarter.
- 12 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q3 2017 and 7 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 Q3 2017 was Contrarian Capital Management, an estimated $8.72M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q3 2017 was Jane Street, an estimated $1.11M sold.
Based on aggregated 13F filings for Q3 2017.