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

GOL

Market cap $4.35B

GOL Hedge Fund Activity: Q3 2023 in Review

56 of the 6,301 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 2023, worth a combined $11M — down 78% from $50.5M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of GOL and 4 opened new positions — a net loss of 9 holders — while 23 trimmed existing stakes and 17 added.

The largest buyer was BlackRock, adding an estimated $1.24M. The largest seller was Morgan Stanley, cutting an estimated $9.44M.

• 56 institutional investors held Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) (GOL) as of Q3 2023, down from 65 in Q2 2023.
• Funds reported $11M of Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) stock for Q3 2023, down 78% quarter-over-quarter.
• 4 funds opened new Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) positions in Q3 2023 and 13 closed out, a net change of -9 holders.
• The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) buyer in Q3 2023 was BlackRock, an estimated $1.24M added.
• The largest Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares) seller in Q3 2023 was Morgan Stanley, an estimated $9.44M sold.

Based on aggregated 13F filings for Q3 2023.