GOL LINHAS AEREAS INTELIGENT GOL
SPON ADR PFD NEW · ADR · CUSIP 38045R206
66
institutional holders
+8 vs Q1 2023
9.2m
shares reported held*
$50.5mreported value*
15 new
20 added
15 reduced
7 sold out
net bought ≈ $10.0m (+1.8m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $5.46. Options: 7 managers hold calls ($2.1m notional), 12 hold puts ($22.3m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 62 |
| Q4 2022 | 64 |
| Q1 2023 | 58 |
| Q2 2023 | 66 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 28 | 35 |
| Q1 2023 | 28 | 34 |
| Q2 2023 | 35 | 22 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $4.9m | $7.3m | 1.47 |
| Q4 2022 | $3.0m | $14.9m | 4.93 |
| Q1 2023 | $808.7k | $13.8m | 17.11 |
| Q2 2023 | $2.1m | $22.3m | 10.71 |
Biggest buyers
| MORGAN STANLEY | Added | +1.2m |
| JANE STREET GROUP, LLC | Added | +453.2k |
| CITADEL ADVISORS LLC | Added | +441.3k |
| SG Americas Securities, LLC | Added | +303.7k |
| RENAISSANCE TECHNOLOGIES LLC | New | +187.4k |
| BARCLAYS PLC | Added | +130.1k |
| GROUP ONE TRADING LLC | New | +126.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +110.8k |
| DEUTSCHE BANK AG\ | Added | +105.0k |
| Cubist Systematic Strategies, LLC | Added | +68.2k |
Biggest sellers
| GOLDMAN SACHS GROUP INC | Reduced | -684.3k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -215.6k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -182.0k |
| Schonfeld Strategic Advisors LLC | Reduced | -104.7k |
| Quadrature Capital Ltd | Reduced | -73.2k |
| HighTower Advisors, LLC | Reduced | -70.0k |
| TWO SIGMA INVESTMENTS, LP | Sold out | -65.6k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -52.8k |
| XTX Topco Ltd | Reduced | -45.9k |
| Jump Financial, LLC | Reduced | -38.6k |
Biggest calls
| SIMPLEX TRADING, LLC | Added | $637.0k116.7k shares |
| Optiver Holding B.V. | Added | $537.8k98.5k shares |
| GROUP ONE TRADING LLC | Reduced | $456.5k83.6k shares |
| CITADEL ADVISORS LLC | Added | $311.2k57.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $139.8k25.6k shares |
| Walleye Trading LLC | New | $546100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Mint Tower Capital Management B.V. | Added | $11.6m2.1m shares |
| DeepCurrents Investment Group LLC | Unchanged | $3.6m6.6k shares |
| CITADEL ADVISORS LLC | Reduced | $2.0m364.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.1m199.7k shares |
| Verition Fund Management LLC | Unchanged | $1.0m189.9k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $1.0m183.4k shares |
| Optiver Holding B.V. | Added | $695.6k127.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $381.0k69.8k shares |
| GROUP ONE TRADING LLC | Added | $372.9k68.3k shares |
| Walleye Trading LLC | Added | $277.4k50.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 2.8m $15.1m | Added +1.2m |
| VANGUARD GROUP INC 0.00% of their portfolio | 770.4k $4.2m | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 574.9k $3.1m | Added +441.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 488.1k $2.7m | Added +44.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 477.4k $2.6m | Added +453.2k |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.04% of their portfolio | 357.6k $2.0m | Unchanged |
| SG Americas Securities, LLC 0.02% of their portfolio | 330.3k $1.8m | Added +303.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 279.0k $1.5m | Added +110.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 272.9k $1.5m | Reduced -52.8k |
| Cubist Systematic Strategies, LLC 0.02% of their portfolio | 254.3k $1.4m | Added +68.2k |
| Verde Servicos Internacionais S.A. 0.33% of their portfolio | 240.8k $1.3m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 201.2k $1.1m | Added +105.0k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 200.0k $1.1m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 187.4k $1.0m | New |
| BARCLAYS PLC 0.00% of their portfolio | 179.5k $979.9k | Added +130.1k |
| Jefferies Financial Group Inc. 0.02% of their portfolio | 177.5k $969.4k | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 144.0k $786.1k | Added +662 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 138.8k $757.8k | Reduced -182.0k |
| GROUP ONE TRADING LLC 0.03% of their portfolio | 126.8k $692.3k | New |
| Quadrature Capital Ltd 0.01% of their portfolio | 118.3k $645.8k | Reduced -73.2k |
| SIMPLEX TRADING, LLC 0.02% of their portfolio | 93.0k $507.0k | Added +22.3k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 90.0k $487.1k | Reduced -215.6k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 80.4k $439.0k | Added +3.3k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 59.9k $327.1k | New |
| Banco BTG Pactual S.A. 0.20% of their portfolio | 57.0k $311.5k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 53.6k $292.4k | Added +21.2k |
| Quantbot Technologies LP 0.01% of their portfolio | 40.6k $221.7k | Reduced -14.2k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 38.1k $207.9k | Reduced -4.8k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 36.3k $198.2k | Reduced -104.7k |
| CREDIT AGRICOLE S A 0.01% of their portfolio | 29.5k $160.9k | Added +21.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 27.7k $151.0k | Reduced -684.3k |
| Jump Financial, LLC 0.01% of their portfolio | 27.1k $148.1k | Reduced -38.6k |
| HighTower Advisors, LLC 0.00% of their portfolio | 25.0k $137.0k | Reduced -70.0k |
| Bayesian Capital Management, LP 0.01% of their portfolio | 24.1k $131.6k | Reduced -17.2k |
| Caprock Group, LLC 0.01% of their portfolio | 22.0k $120.1k | Unchanged |
| DELTEC ASSET MANAGEMENT LLC 0.03% of their portfolio | 21.5k $117.4k | Unchanged |
| Centiva Capital, LP 0.00% of their portfolio | 17.6k $96.1k | New |
| MBE Wealth Management, LLC 0.05% of their portfolio | 17.2k $93.8k | Unchanged |
| TWO SIGMA SECURITIES, LLC 0.01% of their portfolio | 16.8k $91.5k | New |
| SPX Gestao de Recursos Ltda 0.00% of their portfolio | 15.3k $83.5k | New |
| PINNACLE ASSOCIATES LTD 0.00% of their portfolio | 15.2k $82.7k | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 13.8k $75.6k | Unchanged |
| XTX Topco Ltd 0.01% of their portfolio | 13.7k $74.9k | Reduced -45.9k |
| Creative Planning 0.00% of their portfolio | 13.5k $73.9k | New |
| QUADRANT CAPITAL GROUP LLC 0.01% of their portfolio | 12.9k $70.3k | Added +1.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 12.4k $67.4k | New |
| SIGNATUREFD, LLC 0.00% of their portfolio | 12.0k $65.4k | Added +1.9k |
| Compagnie Lombard Odier SCmA 0.00% of their portfolio | 11.2k $61.0k | Unchanged |
| AE Wealth Management LLC 0.00% of their portfolio | 11.0k $60.1k | New |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 10.4k $56.7k | New |
| Harel Insurance Investments & Financial Services Ltd. 0.00% of their portfolio | 8.9k $47.0k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 8.6k $47.0k | Unchanged |
| Lindbrook Capital, LLC 0.00% of their portfolio | 6.8k $37.0k | Added +437 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 5.0k $27.3k | Added +1.0k |
| US BANCORP \DE\ 0.00% of their portfolio | 4.6k $25.2k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 4.1k $22.2k | Reduced -37.3k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 2.3k $12.4k | Reduced -3.6k |
| TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio | 2.0k $10.8k | New |
| Parallel Advisors, LLC 0.00% of their portfolio | 1.6k $8.9k | Added +238 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.3k $7.2k | Added +115 |
| Activest Wealth Management 0.01% of their portfolio | 723 $7.5k | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 214 $1.2k | New |
| Blue Trust, Inc. 0.00% of their portfolio | 49 $0 | Reduced -14 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 32 $175 | Unchanged |
| FMR LLC 0.00% of their portfolio | 2 $11 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |