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

GOL

Market cap $4.35B

GOL Hedge Fund Activity: Q1 2022 in Review

78 of the 6,340 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 2022, worth a combined $117M — up 14% from $103M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new GOL positions and 8 closed out — a net gain of 10 holders — while 22 added to existing stakes and 24 trimmed.

The largest buyer was Millennium Management, opening a new position worth an estimated $3.18M. The largest seller was Contrarian Capital Management, exiting entirely with an estimated $4.79M sold.

• 78 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q1 2022, up from 68 in Q4 2021.
• Funds reported $117M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q1 2022, up 14% quarter-over-quarter.
• 18 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q1 2022 and 8 closed out, a net change of +10 holders.
• The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q1 2022 was Millennium Management, an estimated $3.18M added.
• The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q1 2022 was Contrarian Capital Management, an estimated $4.79M sold.

Based on aggregated 13F filings for Q1 2022.