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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.

62 hedge funds and large institutions have $33.6M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2022 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 17

5% less funds holding

Funds holding: 6562 (-3)

16% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 19

28% less call options, than puts

Call options by funds: $4.93M | Put options by funds: $6.9M

31% less capital invested

Capital invested by funds: $48.6M → $33.6M (-$14.9M)

Holders
62
Holders Change
-3
Holders Change %
-4.62%
% of All Funds
1.07%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
16
Increased
16
Reduced
17
Closed
19
Calls
$4.93M
Puts
$6.9M
Net Calls
-$1.97M
Net Calls Change
+$127K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$8.18M -$685K -185,896 -7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.53M +$111K +30,033 +4%
Bank of America
3
Bank of America
North Carolina
$2.09M +$809K +219,713 +53%
Lazard Asset Management
4
Lazard Asset Management
New York
$1.7M -$74K -20,102 -4%
BlackRock
5
BlackRock
New York
$1.68M +$93.1K +25,292 +5%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$1.62M -$128K -34,628 -7%
Optiver Holding
7
Optiver Holding
Netherlands
$1.36M +$244K +66,207 +19%
Jane Street
8
Jane Street
New York
$1.22M +$247K +67,163 +22%
Qube Research & Technologies (QRT)
9
Qube Research & Technologies (QRT)
United Kingdom
$1.21M +$1.35M +366,245 New
BBP
10
Banco BTG Pactual
Brazil
$1.2M +$86.3K +23,450 +7%
TCM
11
Tenor Capital Management
New York
$1.18M
VSI
12
Verde Servicos Internacionais
Brazil
$792K +$887K +240,800 New
JG
13
Jefferies Group
New York
$584K
Goldman Sachs
14
Goldman Sachs
New York
$578K -$119K -32,325 -16%
Barclays
15
Barclays
United Kingdom
$547K -$146K -39,688 -19%
Deutsche Bank
16
Deutsche Bank
Germany
$530K -$326K -88,668 -35%
Squarepoint
17
Squarepoint
New York
$509K +$497K +135,063 +683%
SSA
18
Schonfeld Strategic Advisors
New York
$455K -$118K -31,975 -19%
SG Americas Securities
19
SG Americas Securities
New York
$401K -$389K -105,568 -46%
CS
20
Credit Suisse
Switzerland
$345K
Group One Trading
21
Group One Trading
Illinois
$338K +$379K +102,830 New
HighTower Advisors
22
HighTower Advisors
Illinois
$312K +$36.8K +10,000 +12%
FCM
23
Farallon Capital Management
California
$282K
Connor, Clark & Lunn Investment Management (CC&L)
24
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$280K +$314K +85,183 New
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$268K -$570K -154,728 -65%

GOL Hedge Fund Activity: Q3 2022 in Review

62 of the 5,805 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 2022, worth a combined $33.6M — down 31% from $48.6M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of GOL and 16 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 16 added.

The largest buyer was Qube Research & Technologies (QRT), opening a new position worth an estimated $1.35M. The largest seller was U.S. Global Investors (USGI), exiting entirely with an estimated $9.48M sold.

  • 62 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q3 2022, down from 65 in Q2 2022.
  • Funds reported $33.6M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q3 2022, down 31% quarter-over-quarter.
  • 16 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q3 2022 and 19 closed out, a net change of -3 holders.
  • The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q3 2022 was Qube Research & Technologies (QRT), an estimated $1.35M added.
  • The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q3 2022 was U.S. Global Investors (USGI), an estimated $9.48M sold.

Based on aggregated 13F filings for Q3 2022.