GOGO INC GOGO
COM · Common Stock · CUSIP 38046C109 · ISIN US38046C1099
Provider of in-flight broadband Internet service and other connectivity services
- SectorCommunication
- IndustryCommunications Services, NEC
- HeadquartersBroomfield, CO
- Founded1991
- Websitegogoair.com
- FilingsSEC EDGAR
* 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. Shares outstanding: 127.3m as of 2022-10-28, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $14.76. Options: 13 managers hold calls ($27.9m notional), 16 hold puts ($25.9m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 176 |
| Q4 2022 | 158 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $25.7m | $25.1m | 0.97 |
| Q4 2022 | $27.9m | $25.9m | 0.93 |
Biggest buyers
| BlackRock Inc. | Added | +3.4m |
| LORD, ABBETT & CO. LLC | Added | +2.1m |
| FMR LLC | Added | +1.2m |
| MILLENNIUM MANAGEMENT LLC | Added | +997.3k |
| KENNEDY CAPITAL MANAGEMENT LLC | Added | +240.7k |
| DC Investments Management, LLC | New | +206.3k |
| JPMORGAN CHASE & CO | Added | +192.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +169.3k |
| Sycale Advisors (NY) LLC | Added | +158.3k |
| Invesco Ltd. | Added | +141.6k |
Biggest sellers
| Schonfeld Strategic Advisors LLC | Reduced | -1.1m |
| CITADEL ADVISORS LLC | Reduced | -488.9k |
| MORGAN STANLEY | Reduced | -249.8k |
| D. E. Shaw & Co., Inc. | Reduced | -226.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -206.0k |
| Tenzing Global Management, LLC | Reduced | -200.0k |
| FEDERATED HERMES, INC. | Reduced | -196.7k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -194.0k |
| DEUTSCHE BANK AG\ | Reduced | -190.4k |
| Cubist Systematic Strategies, LLC | Reduced | -172.4k |
Biggest calls
| BANK OF AMERICA CORP /DE/ | New | $7.5m509.9k shares |
| GROUP ONE TRADING LLC | Reduced | $7.4m503.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.4m433.4k shares |
| CITADEL ADVISORS LLC | Reduced | $2.1m142.4k shares |
| JANE STREET GROUP, LLC | Reduced | $1.7m118.5k shares |
| Walleye Trading LLC | Added | $783.8k53.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $693.0k47.0k shares |
| IMC-Chicago, LLC | New | $532.8k36.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $347.0k23.5k shares |
| WELLS FARGO & COMPANY/MN | Unchanged | $287.8k19.5k shares |
Biggest puts
| SANDLER CAPITAL MANAGEMENT | Added | $11.8m802.2k shares |
| GROUP ONE TRADING LLC | Reduced | $4.0m271.2k shares |
| CITADEL ADVISORS LLC | Reduced | $2.7m184.0k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $1.7m112.8k shares |
| Walleye Trading LLC | Reduced | $1.4m94.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $950.0k64.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $881.2k59.7k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $764.6k51.8k shares |
| WOLVERINE TRADING, LLC | Reduced | $537.0k36.4k shares |
| WELLS FARGO & COMPANY/MN | Added | $354.2k24.0k 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.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Silver (Equity) Holdings, LP 13D · may seek influence filed 2025-05-27 | 17.6% |
| Nantahala Capital Management, LLC 13G · institution +1.5 pts · filed 2026-05-15 | 6.6% |
Fell to 5% or below in the last year: BlackRock, Inc. (4.3%, 2026-07-28), FMR LLC (1.6%, 2026-01-08)
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 2 | $722.2k | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| GTCR LLC 27.23% of their portfolio | 31.7m $468.5m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 9.8m $144.3m | Added +3.4m |
| VANGUARD GROUP INC 0.00% of their portfolio | 5.6m $83.3m | Added +69.5k |
| FMR LLC 0.01% of their portfolio | 5.1m $75.9m | Added +1.2m |
| LORD, ABBETT & CO. LLC 0.13% of their portfolio | 4.8m $70.6m | Added +2.1m |
| D. E. Shaw & Co., Inc. 0.07% of their portfolio | 2.7m $39.7m | Reduced -226.8k |
| Tenzing Global Management, LLC 23.03% of their portfolio | 2.5m $37.6m | Reduced -200.0k |
| STATE STREET CORP 0.00% of their portfolio | 2.2m $31.9m | Reduced -11.1k |
| Capco Asset Management, LLC 5.89% of their portfolio | 1.4m $20.9m | Added +119.5k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 1.2m $18.0m | Added +9.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.2m $17.1m | Added +25.1k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 1.1m $16.1m | Added +997.3k |
| Sycale Advisors (NY) LLC 5.99% of their portfolio | 972.3k $14.4m | Added +158.3k |
| Schonfeld Strategic Advisors LLC 0.12% of their portfolio | 968.8k $14.3m | Reduced -1.1m |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 891.4k $13.2m | Reduced -65.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 822.5k $12.1m | Added +192.8k |
| MORGAN STANLEY 0.00% of their portfolio | 723.5k $10.7m | Reduced -249.8k |
| Ewing Morris & Co. Investment Partners Ltd. 11.92% of their portfolio | 669.1k $9.9m | Reduced -1.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 653.1k $9.6m | Added +119.5k |
| Penn Capital Management Company, LLC 0.86% of their portfolio | 572.3k $8.5m | Added +2.5k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 559.9k $8.3m | Reduced -82.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 541.0k $8.0m | Added +5.9k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 534.6k $7.9m | Reduced -107.1k |
| Yarra Square Partners LP 11.09% of their portfolio | 479.7k $7.1m | Added +80.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 469.3k $6.9m | Reduced -22 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 455.4k $6.7m | Added +9.3k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.18% of their portfolio | 425.1k $6.3m | Added +240.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 396.3k $5.8m | Reduced -24.2k |
| BLAIR WILLIAM & CO/IL 0.02% of their portfolio | 356.5k $5.3m | Reduced -9.4k |
| Invesco Ltd. 0.00% of their portfolio | 346.0k $5.1m | Added +141.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 303.2k $4.5m | Reduced -194.0k |
| Madison Asset Management, LLC 0.07% of their portfolio | 295.1k $4.4m | Added +19.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 278.4k $4.1m | Added +126.8k |
| GAMCO INVESTORS, INC. ET AL 0.04% of their portfolio | 271.9k $4.0m | Reduced -4.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 249.3k $3.7m | Reduced -12.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 238.4k $3.5m | Reduced -488.9k |
| DC Investments Management, LLC 3.85% of their portfolio | 206.3k $3.0m | New |
| ALGERT GLOBAL LLC 0.17% of their portfolio | 203.8k $3.0m | Added +25.7k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 201.1k $3.0m | Reduced -168.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 193.5k $2.9m | Added +169.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 175.9k $2.6m | Reduced -101 |
| Legal & General Group Plc 0.00% of their portfolio | 155.4k $2.3m | Added +3.9k |
| Swiss National Bank 0.00% of their portfolio | 139.9k $2.1m | Added +20.4k |
| TEALWOOD ASSET MANAGEMENT INC 1.03% of their portfolio | 134.1k $2.0m | Reduced -10.6k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.02% of their portfolio | 127.9k $1.9m | Added +53.5k |
| GROUP ONE TRADING LLC 0.06% of their portfolio | 122.8k $1.8m | Added +46.5k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 118.1k $1.7m | Reduced -2.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 111.2k $1.6m | Reduced -168.2k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 100.1k $1.5m | Reduced -2.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 76.1k $1.1m | Reduced -49 |
| ClariVest Asset Management LLC 0.05% of their portfolio | 73.2k $1.1m | Reduced -116 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 70.1k $1.0m | Added +6.9k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 69.5k $1.0m | Added +9.7k |
| GABELLI FUNDS LLC 0.01% of their portfolio | 67.6k $997.8k | Unchanged |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 66.6k $983.0k | Reduced -1.3k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 65.9k $972.0k | Reduced -5.5k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 64.2k $947.9k | Added +22.6k |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 64.0k $945.0k | Added +23.8k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 63.8k $942.1k | Reduced -1.3k |
| Walleye Capital LLC 0.02% of their portfolio | 62.9k $928.8k | Reduced -46.3k |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 58.2k $859.6k | Added +18.3k |
| Jackson Creek Investment Advisors LLC 0.38% of their portfolio | 58.0k $855.0k | Reduced -3.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 56.5k $834.5k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 56.1k $828.1k | Added +306 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 52.3k $771.9k | Reduced -16.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 50.2k $741.0k | Reduced -6.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 48.2k $711.7k | Reduced -2.2k |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 46.8k $691.4k | Added +10.3k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 45.2k $667.0k | Reduced -279 |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 43.5k $643.0k | Reduced -3.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 43.1k $636.0k | Reduced -19.2k |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 41.1k $606.7k | Reduced -11.8k |
| INDEPENDENT FINANCIAL GROUP, LLC 0.05% of their portfolio | 39.5k $582.3k | Added +6.6k |
| CITIGROUP INC 0.00% of their portfolio | 39.3k $580.2k | Added +8.5k |
| COMERICA BANK 0.00% of their portfolio | 38.4k $605.0k | Reduced -12.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 37.3k $550.9k | Added +1.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 36.3k $535.6k | Added +5.2k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 34.0k $501.4k | New |
| Ceeto Capital Group, LLC 0.26% of their portfolio | 32.0k $472.0k | Unchanged |
| OLD NATIONAL BANCORP /IN/ 0.01% of their portfolio | 31.2k $461.0k | Reduced -53.7k |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 30.8k $455.0k | Reduced -600 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 29.5k $434.7k | Reduced -190.4k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 28.0k $412.9k | Reduced -566 |
| AMALGAMATED BANK 0.00% of their portfolio | 27.9k $412.0k | Reduced -225 |
| BARCLAYS PLC 0.00% of their portfolio | 27.3k $403.6k | First filing |
| Maryland State Retirement & Pension System 0.01% of their portfolio | 26.8k $396.1k | New |
| XTX Topco Ltd 0.08% of their portfolio | 26.6k $392.0k | Reduced -6.5k |
| Gotham Asset Management, LLC 0.01% of their portfolio | 26.2k $387.2k | Reduced -3.6k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 25.7k $379.7k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 25.1k $371.0k | Unchanged |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 24.2k $357.5k | Unchanged |
| SEI INVESTMENTS CO 0.00% of their portfolio | 24.1k $356.3k | Reduced -1.2k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.04% of their portfolio | 23.9k $353.2k | Reduced -5.2k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 23.3k $345.0k | Reduced -8.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 21.8k $321.0k | Added +400 |
| OREGON PUBLIC EMPLOYEES RETIREMENT FUND 0.00% of their portfolio | 21.6k $318.6k | Reduced -202 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 21.3k $314.7k | Reduced -5.8k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.00% of their portfolio | 21.3k $314.0k | Unchanged |
| Chicago Capital, LLC 0.02% of their portfolio | 20.9k $307.8k | Reduced -579 |
| MISSION WEALTH MANAGEMENT, LP 0.01% of their portfolio | 20.6k $304.2k | Unchanged |