Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
61 hedge funds and large institutions have $106M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 13 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
0% more funds holding
Funds holding: 61 → 61 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less capital invested
Capital invested by funds: $120M → $106M (-$13.8M)
33% less call options, than puts
Call options by funds: $3.01M | Put options by funds: $4.47M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$10.6M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$4.88M |
| 3 |
AC
AMS Capital
Sao Paulo,
Brazil
|
+$3.12M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$2.97M |
| 5 |
Morgan Stanley
New York
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$21.8M |
| 2 |
BlackRock
New York
|
-$3.95M |
| 3 |
Renaissance Technologies
New York
|
-$3.07M |
| 4 |
Millennium Management
New York
|
-$1.21M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$963K |
GOL Hedge Fund Activity: Q3 2020 in Review
61 of the 4,957 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 2020, worth a combined $106M — down 12% from $120M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new GOL positions and 13 closed out — a net gain of 1 holder — while 16 added to existing stakes and 14 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $10.6M. The largest seller was Contrarian Capital Management, cutting an estimated $21.8M.
- 61 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $106M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q3 2020, down 12% quarter-over-quarter.
- 14 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q3 2020 and 13 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 Q3 2020 was Citadel Advisors, an estimated $10.6M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q3 2020 was Contrarian Capital Management, an estimated $21.8M sold.
Based on aggregated 13F filings for Q3 2020.