Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
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 12 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 17 closing their positions.
15% more capital invested
Capital invested by funds: $17M → $19.5M (+$2.52M)
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
8% less funds holding
Funds holding: 62 → 57 (-5)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
94% less call options, than puts
Call options by funds: $809K | Put options by funds: $13.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.02M |
| 2 |
Goldman Sachs
New York
|
+$1.92M |
| 3 |
Millennium Management
New York
|
+$823K |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$629K |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
+$440K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.11M |
| 2 |
Lazard Asset Management
New York
|
-$824K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$817K |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$425K |
| 5 |
Optiver Holding
Amsterdam,
Netherlands
|
-$418K |
GOL Hedge Fund Activity: Q1 2023 in Review
57 of the 6,283 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 12 opened new positions — a net loss of 5 holders — while 17 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 62 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.
- 12 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 -5 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.