Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL was delisted on the 25th of January, 2024.
72 hedge funds and large institutions have $191M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2020 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 9 closing their positions.
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
80% more capital invested
Capital invested by funds: $106M → $191M (+$84.4M)
70% more call options, than puts
Call options by funds: $4.8M | Put options by funds: $2.82M
18% more funds holding
Funds holding: 61 → 72 (+11)
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$7.44M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$3.89M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.68M |
| 4 |
JP Morgan Chase
New York
|
+$3.31M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$3.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$5.95M |
| 2 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$5.79M |
| 3 |
Morgan Stanley
New York
|
-$2.02M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$1.7M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.08M |
GOL Hedge Fund Activity: Q4 2020 in Review
72 of the 5,651 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 Q4 2020, worth a combined $191M — up 80% from $106M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new GOL positions and 9 closed out — a net gain of 11 holders — while 21 added to existing stakes and 18 trimmed.
The largest buyer was Millennium Management, adding an estimated $7.44M. The largest seller was BlackRock, cutting an estimated $5.95M.
- 72 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q4 2020, up from 61 in Q3 2020.
- Funds reported $191M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q4 2020, up 80% quarter-over-quarter.
- 20 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q4 2020 and 9 closed out, a net change of +11 holders.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q4 2020 was Millennium Management, an estimated $7.44M added.
- The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q4 2020 was BlackRock, an estimated $5.95M sold.
Based on aggregated 13F filings for Q4 2020.