Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
53 hedge funds and large institutions have $232M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 13 closing their positions.
48% more capital invested
Capital invested by funds: $157M → $232M (+$74.8M)
2% more funds holding
Funds holding: 52 → 53 (+1)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.95M |
| 2 |
Renaissance Technologies
New York
|
+$2.24M |
| 3 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$1.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.29M |
| 5 |
TG
TCW Group
Los Angeles,
California
|
+$775K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$2.27M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.93M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.51M |
| 4 |
Morgan Stanley
New York
|
-$1.33M |
| 5 |
JP Morgan Chase
New York
|
-$803K |
GOL Hedge Fund Activity: Q1 2018 in Review
53 of the 4,363 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 Q1 2018, worth a combined $232M — up 48% from $157M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new GOL positions and 13 closed out — a net gain of 1 holder — while 13 added to existing stakes and 18 trimmed.
The largest buyer was Millennium Management, adding an estimated $3.95M. The largest seller was Two Sigma Investments, cutting an estimated $2.27M.
- 53 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q1 2018, up from 52 in Q4 2017.
- Funds reported $232M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q1 2018, up 48% quarter-over-quarter.
- 14 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q1 2018 and 13 closed out, a net change of +1 holder.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q1 2018 was Millennium Management, an estimated $3.95M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q1 2018 was Two Sigma Investments, an estimated $2.27M sold.
Based on aggregated 13F filings for Q1 2018.