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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.

57 hedge funds and large institutions have $19.5M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more capital invested

Capital invested by funds: $17M → $19.5M (+$2.52M)

6% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 18

10% less funds holding

Funds holding: 6357 (-6)

35% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 17

94% less call options, than puts

Call options by funds: $809K | Put options by funds: $13.8M

Holders
57
Holders Change
-6
Holders Change %
-9.52%
% of All Funds
0.91%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
17
Reduced
18
Closed
17
Calls
$809K
Puts
$13.8M
Net Calls
-$13M
Net Calls Change
-$1.11M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$4.09M +$2.02M +751,246 +94%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.03M
Goldman Sachs
3
Goldman Sachs
New York
$1.87M +$1.92M +711,994 New
Bank of America
4
Bank of America
North Carolina
$1.17M -$817K -303,448 -41%
TCM
5
Tenor Capital Management
New York
$941K
Connor, Clark & Lunn Investment Management (CC&L)
6
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$857K +$629K +233,440 +253%
Millennium Management
7
Millennium Management
New York
$844K +$823K +305,576 +2,010%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$804K -$306K -113,519 -27%
VSI
9
Verde Servicos Internacionais
Brazil
$633K
CS
10
Credit Suisse
Switzerland
$526K
QC
11
Quadrature Capital
United Kingdom
$503K +$440K +163,243 +578%
CSS
12
Cubist Systematic Strategies
Connecticut
$490K -$78.2K -29,009 -13%
JFG
13
Jefferies Financial Group
New York
$467K
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$442K +$180K +66,826 +66%
BlackRock
15
BlackRock
New York
$377K -$1.11M -413,152 -74%
SSA
16
Schonfeld Strategic Advisors
New York
$371K +$153K +56,900 +68%
Citadel Advisors
17
Citadel Advisors
Florida
$351K +$22.5K +8,353 +7%
Deutsche Bank
18
Deutsche Bank
Germany
$253K
HighTower Advisors
19
HighTower Advisors
Illinois
$249K -$943 -350 -0.4%
VanEck Associates
20
VanEck Associates
New York
$203K +$4.62K +1,716 +2%
Simplex Trading
21
Simplex Trading
Illinois
$185K +$135K +50,089 +244%
JF
22
Jump Financial
Illinois
$173K +$177K +65,746 New
Two Sigma Investments
23
Two Sigma Investments
New York
$173K +$177K +65,606 New
XT
24
XTX Topco
Cayman Islands
$157K -$8.49K -3,150 -5%
QT
25
Quantbot Technologies
New York
$144K +$34.2K +12,677 +30%

GOL Hedge Fund Activity: Q1 2023 in Review

57 of the 6,275 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 2023, worth a combined $19.5M — up 15% from $17M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of GOL and 11 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 17 added.

The largest buyer was Morgan Stanley, adding an estimated $2.02M. The largest seller was BlackRock, cutting an estimated $1.11M.

  • 57 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q1 2023, down from 63 in Q4 2022.
  • Funds reported $19.5M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q1 2023, up 15% quarter-over-quarter.
  • 11 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q1 2023 and 17 closed out, a net change of -6 holders.
  • The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q1 2023 was Morgan Stanley, an estimated $2.02M added.
  • The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q1 2023 was BlackRock, an estimated $1.11M sold.

Based on aggregated 13F filings for Q1 2023.