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GOL

Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)

Delisted

GOL was delisted on the 25th of January, 2024.

61 hedge funds and large institutions have $120M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more capital invested

Capital invested by funds: $89.8M → $120M (+$30.2M)

2% more funds holding

Funds holding: 6061 (+1)

6% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 17

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

20% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 20

39% less call options, than puts

Call options by funds: $2.53M | Put options by funds: $4.12M

Holders
61
Holders Change
+1
Holders Change %
+1.67%
% of All Funds
1.25%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
16
Reduced
20
Closed
17
Calls
$2.53M
Puts
$4.12M
Net Calls
-$1.59M
Net Calls Change
-$1.14M
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
1
Contrarian Capital Management
Connecticut
$27.3M -$8.54M -1,630,551 -29%
BlackRock
2
BlackRock
New York
$18.7M +$6.67M +1,273,541 +86%
USGIU
3
U.S. Global Investors (USGI)
Texas
$11M +$4.39M +839,121 +108%
CII
4
Capital International Inc
California
$7.91M -$188K -36,000 -3%
Capital International Investors
5
Capital International Investors
California
$7.09M +$488K +93,138 +10%
Morgan Stanley
6
Morgan Stanley
New York
$5.42M -$1.2M -229,154 -22%
Northern Trust
7
Northern Trust
Illinois
$4.49M +$3.47M +662,625 New
Vanguard Group
8
Vanguard Group
Pennsylvania
$4.41M +$2.52M +481,229 +283%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$4.39M -$413K -78,904 -11%
Deutsche Bank
10
Deutsche Bank
Germany
$3.26M +$271K +51,700 +12%
Renaissance Technologies
11
Renaissance Technologies
New York
$3.07M -$12.4M -2,362,420 -84%
Millennium Management
12
Millennium Management
New York
$2.56M +$1.71M +327,036 +639%
AC
13
AMS Capital
Brazil
$2.44M -$170K -32,456 -8%
Two Sigma Advisers
14
Two Sigma Advisers
New York
$2.12M -$46K -8,780 -3%
AA
15
AQR Arbitrage
Connecticut
$2.04M
Barclays
16
Barclays
United Kingdom
$1.52M -$455K -87,000 -28%
SG Americas Securities
17
SG Americas Securities
New York
$1.45M +$457K +87,223 +69%
Jane Street
18
Jane Street
New York
$1.29M +$897K +171,342 +889%
Hudson Bay Capital Management
19
Hudson Bay Capital Management
Connecticut
$1.2M +$930K +177,708 New
TAM
20
TFG Asset Management
Cayman Islands
$1.17M +$252K +48,200 +39%
CIS
21
Capital International Sarl
California
$1.02M
Credit Agricole
22
Credit Agricole
France
$857K +$47.1K +9,000 +8%
VanEck Associates
23
VanEck Associates
New York
$605K -$68.1K -13,006 -13%
FCM
24
Farallon Capital Management
California
$582K
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$548K +$423K +80,772 New

GOL Hedge Fund Activity: Q2 2020 in Review

61 of the 4,877 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 Q2 2020, worth a combined $120M — up 34% from $89.8M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new GOL positions and 17 closed out — a net gain of 1 holder — while 16 added to existing stakes and 20 trimmed.

The largest buyer was BlackRock, adding an estimated $6.67M. The largest seller was Renaissance Technologies, cutting an estimated $12.4M.

  • 61 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q2 2020, up from 60 in Q1 2020.
  • Funds reported $120M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q2 2020, up 34% quarter-over-quarter.
  • 18 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q2 2020 and 17 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 Q2 2020 was BlackRock, an estimated $6.67M added.
  • The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q2 2020 was Renaissance Technologies, an estimated $12.4M sold.

Based on aggregated 13F filings for Q2 2020.