Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
76 hedge funds and large institutions have $396M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2019 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 20 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
55% more call options, than puts
Call options by funds: $1.54M | Put options by funds: $988K
22% more capital invested
Capital invested by funds: $325M → $396M (+$70.9M)
20% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 20
4% more funds holding
Funds holding: 73 → 76 (+3)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$30.6M |
| 2 |
BlackRock
New York
|
+$21M |
| 3 |
SG Americas Securities
New York
|
+$17.5M |
| 4 |
JP Morgan Chase
New York
|
+$13.2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$8.83M |
| 2 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$3.77M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.69M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$1.72M |
| 5 |
VanEck Associates
New York
|
-$1.72M |
GOL Hedge Fund Activity: Q3 2019 in Review
76 of the 4,574 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 2019, worth a combined $396M — up 22% from $325M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new GOL positions and 20 closed out — a net gain of 4 holders — while 23 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $30.6M. The largest seller was Contrarian Capital Management, cutting an estimated $8.83M.
- 76 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q3 2019, up from 73 in Q2 2019.
- Funds reported $396M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q3 2019, up 22% quarter-over-quarter.
- 24 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q3 2019 and 20 closed out, a net change of +4 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q3 2019 was Morgan Stanley, an estimated $30.6M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q3 2019 was Contrarian Capital Management, an estimated $8.83M sold.
Based on aggregated 13F filings for Q3 2019.