Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
87 hedge funds and large institutions have $289M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2019 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 10 closing their positions.
360% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 10
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
64% more funds holding
Funds holding: 53 → 87 (+34)
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
26% more capital invested
Capital invested by funds: $229M → $289M (+$59.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$16.5M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$15.7M |
| 3 |
Millennium Management
New York
|
+$10.4M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$6.13M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$5.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$28.1M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$3.11M |
| 3 |
WCM
Weld Capital Management
New York
|
-$710K |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
-$392K |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$372K |
GOL Hedge Fund Activity: Q1 2019 in Review
87 of the 4,620 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 2019, worth a combined $289M — up 26% from $229M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new GOL positions and 10 closed out — a net gain of 36 holders — while 19 added to existing stakes and 12 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $16.5M. The largest seller was Macquarie Group, exiting entirely with an estimated $28.1M sold.
- 87 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q1 2019, up from 53 in Q4 2018.
- Funds reported $289M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q1 2019, up 26% quarter-over-quarter.
- 46 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q1 2019 and 10 closed out, a net change of +36 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q1 2019 was Renaissance Technologies, an estimated $16.5M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q1 2019 was Macquarie Group, an estimated $28.1M sold.
Based on aggregated 13F filings for Q1 2019.