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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.

65 hedge funds and large institutions have $50.5M invested in Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

159% more capital invested

Capital invested by funds: $19.5M → $50.5M (+$31M)

114% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 7

33% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 15

14% more funds holding

Funds holding: 5765 (+8)

91% less call options, than puts

Call options by funds: $2.08M | Put options by funds: $22.3M

Holders
65
Holders Change
+8
Holders Change %
+14.04%
% of All Funds
1.02%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
20
Reduced
15
Closed
7
Calls
$2.08M
Puts
$22.3M
Net Calls
-$20.2M
Net Calls Change
-$7.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$15.1M +$4.09M +1,209,596 +78%
Vanguard Group
2
Vanguard Group
Pennsylvania
$4.21M
Citadel Advisors
3
Citadel Advisors
Florida
$3.14M +$1.49M +441,282 +330%
Bank of America
4
Bank of America
North Carolina
$2.67M +$151K +44,754 +10%
Jane Street
5
Jane Street
New York
$2.61M +$1.53M +453,240 +1,878%
TCM
6
Tenor Capital Management
New York
$1.95M
SG Americas Securities
7
SG Americas Securities
New York
$1.8M +$1.03M +303,682 +1,142%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$1.52M +$375K +110,832 +66%
Connor, Clark & Lunn Investment Management (CC&L)
9
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.49M -$179K -52,800 -16%
CSS
10
Cubist Systematic Strategies
Connecticut
$1.39M +$231K +68,173 +37%
VSI
11
Verde Servicos Internacionais
Brazil
$1.31M
Deutsche Bank
12
Deutsche Bank
Germany
$1.1M +$355K +105,000 +109%
CS
13
Credit Suisse
Switzerland
$1.09M
Renaissance Technologies
14
Renaissance Technologies
New York
$1.02M +$634K +187,400 New
Barclays
15
Barclays
United Kingdom
$980K +$440K +130,100 +263%
JFG
16
Jefferies Financial Group
New York
$969K
BlackRock
17
BlackRock
New York
$786K +$2.24K +662 +0.5%
Millennium Management
18
Millennium Management
New York
$758K -$615K -181,988 -57%
Group One Trading
19
Group One Trading
Illinois
$692K +$429K +126,788 New
QC
20
Quadrature Capital
United Kingdom
$646K -$248K -73,224 -38%
Simplex Trading
21
Simplex Trading
Illinois
$507K +$75.5K +22,314 +32%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$487K -$729K -215,616 -71%
VanEck Associates
23
VanEck Associates
New York
$439K +$11.3K +3,333 +4%
Marshall Wace
24
Marshall Wace
United Kingdom
$327K +$203K +59,906 New
BBP
25
Banco BTG Pactual
Brazil
$311K +$193K +57,050 New

GOL Hedge Fund Activity: Q2 2023 in Review

65 of the 6,369 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 Q2 2023, worth a combined $50.5M — up 159% from $19.5M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new GOL positions and 7 closed out — a net gain of 8 holders — while 20 added to existing stakes and 15 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $4.09M. The largest seller was Goldman Sachs, cutting an estimated $2.31M.

  • 65 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q2 2023, up from 57 in Q1 2023.
  • Funds reported $50.5M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q2 2023, up 159% quarter-over-quarter.
  • 15 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q2 2023 and 7 closed out, a net change of +8 holders.
  • The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q2 2023 was Morgan Stanley, an estimated $4.09M added.
  • The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q2 2023 was Goldman Sachs, an estimated $2.31M sold.

Based on aggregated 13F filings for Q2 2023.