Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
60 hedge funds and large institutions have $89.8M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 36 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
22% less funds holding
Funds holding: 77 → 60 (-17)
39% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 36
56% less call options, than puts
Call options by funds: $344K | Put options by funds: $790K
79% less capital invested
Capital invested by funds: $424M → $89.8M (-$335M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWA
Evolution Wealth Advisors
Aventura,
Florida
|
+$11M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$9.5M |
| 3 |
AC
AMS Capital
Sao Paulo,
Brazil
|
+$4.98M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$4.47M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$16.8M |
| 2 |
Millennium Management
New York
|
-$8.59M |
| 3 |
SG Americas Securities
New York
|
-$8.41M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$6.95M |
| 5 |
JP Morgan Chase
New York
|
-$6.35M |
GOL Hedge Fund Activity: Q1 2020 in Review
60 of the 4,547 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 2020, worth a combined $89.8M — down 79% from $424M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of GOL and 22 opened new positions — a net loss of 14 holders — while 12 trimmed existing stakes and 18 added.
The largest buyer was Evolution Wealth Advisors, opening a new position worth an estimated $11M. The largest seller was Contrarian Capital Management, cutting an estimated $16.8M.
- 60 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q1 2020, down from 77 in Q4 2019.
- Funds reported $89.8M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q1 2020, down 79% quarter-over-quarter.
- 22 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q1 2020 and 36 closed out, a net change of -14 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q1 2020 was Evolution Wealth Advisors, an estimated $11M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q1 2020 was Contrarian Capital Management, an estimated $16.8M sold.
Based on aggregated 13F filings for Q1 2020.