Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
37 hedge funds and large institutions have $81.2M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 10 closing their positions.
9% less capital invested
Capital invested by funds: $89.7M → $81.2M (-$8.44M)
12% less funds holding
Funds holding: 42 → 37 (-5)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$3.25M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.28M |
| 3 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$520K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$421K |
| 5 |
EGM
Engineers Gate Manager
New York
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.89M |
| 2 |
Renaissance Technologies
New York
|
-$5.59M |
| 3 |
Millennium Management
New York
|
-$1.77M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$801K |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$673K |
GOL Hedge Fund Activity: Q3 2018 in Review
37 of the 4,391 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 2018, worth a combined $81.2M — down 9.4% from $89.7M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of GOL and 5 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was Contrarian Capital Management, adding an estimated $3.25M. The largest seller was Wellington Management Group, exiting entirely with an estimated $5.89M sold.
- 37 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q3 2018, down from 42 in Q2 2018.
- Funds reported $81.2M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q3 2018, down 9.4% quarter-over-quarter.
- 5 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q3 2018 and 10 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 2018 was Contrarian Capital Management, an estimated $3.25M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q3 2018 was Wellington Management Group, an estimated $5.89M sold.
Based on aggregated 13F filings for Q3 2018.