Gogo

GOGO • NASDAQ

Gogo is a telecommunications services company in the communication services sector on NASDAQ, led by Christopher Moore, with a market cap of $681.3M. As of Q3 2025, 77% of shares are held by 198 institutional investors, with GTCR LLC as the largest holder at 17.38%.

Chief Executive OfficerChristopher Moore

Market Cap$681.3M

Telecommunications Services

Communication Services

Employees457.0

Websitegogoair.com

Country

United States of America

Overview

Overview of institutional ownership in GOGO as of Q3 2025 with a market cap of $1.1B

All Institutions

Institutions: 198
Value Held: $887.3M
Shares Held: 103.2M
Avg Position: $4.5M
Median Position: $301.5K

Hedge Funds

Hedge Funds: 36
Value Held: $133.1M
Shares Held: 15.5M
Avg Position: $3.7M
Median Position: $846.3K

Ownership Breakdown

Institutional (non-HF)

65.68%

$754.2M

Hedge Funds

11.59%

$133.1M

Retail & Other

22.74%

$261.1M

Based on market cap of $1.1B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in GOGO as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
GTCR LLC Private Equity	Constantine Spyro Mihas CEO	$199.6M 22.04% of portfolio	17.38% 23.2M shares	Q4 2020 Held for 4y 11m	$905.8M
FMR LLC Institution	-	$103.0M 0.01% of portfolio	8.97% 12.0M shares	Q4 2020 Held for 4y 11m	$1.92T
B BlackRock, Inc. Institution	-	$94.5M 0.00% of portfolio	8.23% 11.0M shares	Q3 2013 Held for 12y 2m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$57.1M 0.00% of portfolio	4.98% 6.7M shares	Q3 2013 Held for 12y 2m	$6.69T
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	Brent Walker Gledhill CEO	$52.1M 0.13% of portfolio	4.54% 6.1M shares	Q2 2021 Held for 4y 5m	$38.7B
L LB Partners LLC Hedge Fund•Multi-Strategy	Charles Pollard Cocke Managing Partner	$27.7M 17.80% of portfolio	2.42% 3.2M shares	Q4 2023 Held for 1y 11m	$155.8M
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$25.2M 0.00% of portfolio	2.19% 2.9M shares	Q3 2013 Held for 12y 2m	$2.88T
Capco Asset Management, LLC Hedge Fund•Value	William Hughes Harrell Managing Partner	$24.9M 5.80% of portfolio	2.16% 2.9M shares	Q1 2022 Held for 3y 8m	$428.9M
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$16.2M 0.00% of portfolio	1.41% 1.9M shares	Q3 2013 Held for 12y 2m	$1.57T
D D. E. Shaw & Co., Inc. Institution	-	$15.0M 0.01% of portfolio	1.31% 1.8M shares	Q3 2018 Held for 7y 2m	$115.81B

Net Capital Flow

Institutional buying and selling activity for GOGO in Q3 2025

Traded: +$12.0M
Buyers: 129
Sellers: 76
Total Bought: +$121.7M
Total Sold: −$109.6M
Avg Position: $4.0M

Biggest Buyers

Institution	Net Bought	Current Position
B BlackRock, Inc. Institution	+$14.6M +1.7M shares	$94.5M 11.0M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$8.8M +1.0M shares	$10.5M 1.2M shares
Q Qube Research & Technologies Ltd Institution	+$6.8M +786.9K shares	$6.8M 786.9K shares
BANK OF AMERICA CORP /DE/ Institution	+$6.7M +783.6K shares	$10.4M 1.2M shares
L LB Partners LLC Hedge Fund•Multi-Strategy	+$6.4M +745.0K shares	$27.7M 3.2M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$5.8M +680.1K shares	$11.3M 1.3M shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	+$5.6M +646.9K shares	$6.1M 706.0K shares
Select Equity Group, L.P. Hedge Fund•Multi-Strategy	+$5.4M +630.3K shares	$9.7M 1.1M shares
C Cubist Systematic Strategies, LLC Institution	+$5.2M +607.7K shares	$7.2M 841.9K shares
Connor, Clark & Lunn Investment Management Ltd. Long Only Manager	+$4.0M +462.9K shares	$7.2M 843.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
FMR LLC Institution	−$28.5M −3.3M shares	$103.0M 12.0M shares
N Nantahala Capital Management, LLC Hedge Fund•Multi-Strategy	−$15.3M −1.0M shares	Sold Off 0 shares
J JANE STREET GROUP, LLC Institution	−$10.3M −1.2M shares	$4.0M 461.3K shares
T Tenzing Global Management, LLC Hedge Fund•Long/Short	−$9.0M −1.1M shares	$10.1M 1.2M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$5.5M −645.7K shares	$2.3M 269.5K shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	−$4.4M −297.3K shares	Sold Off 0 shares
D D. E. Shaw & Co., Inc. Institution	−$4.0M −462.7K shares	$15.0M 1.8M shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	−$3.1M −363.3K shares	$2.2M 252.3K shares
Quantbot Technologies LLC Hedge Fund•Quant	−$2.7M −182.8K shares	Sold Off 0 shares
F FIRST SABREPOINT CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	−$2.5M −170.0K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited GOGO in Q3 2025

New Positions: 17
New Value: $3.6M
Exited Positions: 25
Exited Value: $35.7M

New Positions

Institution	Position Value
H HUSSMAN STRATEGIC ADVISORS, INC. Institution	$2.3M 273.0K shares
C Colony Group, LLC Institution	$421.4K 8.4K shares
1 111 Capital Institution	$151.2K 17.6K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$109.5K 12.7K shares
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	$105.4K 12.3K shares
B Bryce Point Capital, LLC Hedge Fund•Market Neutral	$101.7K 11.8K shares
FRANKLIN RESOURCES INC Institution	$96.0K 11.2K shares
HANCOCK HOLDING CO RIA/Wealth	$91.7K 10.7K shares
ARP AMERICAS LLC Hedge Fund•Multi-Strategy	$85.9K 10.0K shares
Point72 Europe LLP Digital Asset Manager	$80.1K 9.3K shares

Exited Positions

Institution	Previous Position
N Nantahala Capital Management, LLC Hedge Fund•Multi-Strategy	$15.3M 1.0M shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$4.4M 297.3K shares
Quantbot Technologies LLC Hedge Fund•Quant	$2.7M 182.8K shares
F FIRST SABREPOINT CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	$2.5M 170.0K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$1.8M 120.9K shares
MANGROVE PARTNERS Hedge Fund•Multi-Strategy	$1.6M 107.6K shares
J Jump Financial, LLC Institution	$1.4M 97.2K shares
B Bayesian Capital Management, LP Hedge Fund•Quant	$1.0M 70.8K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$965.4K 65.8K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	$737.1K 50.2K shares

Options Activity

Institutions with the largest Call and Put options positions in GOGO as of Q3 2025

Call Positions: 11
Call Value: $10.6M
Put Positions: 7
Put Value: $11.4M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.7M 5.5K contracts
Caption Management, LLC Hedge Fund•Long/Short	$1.6M 1.9K contracts
D D. E. Shaw & Co., Inc. Institution	$1.0M 1.2K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$950.9K 1.1K contracts
J JANE STREET GROUP, LLC Institution	$878.8K 1.0K contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$704.4K 820.0 contracts
Walleye Trading LLC RIA/Wealth	$538.6K 627.0 contracts
W WOLVERINE TRADING, LLC Institution	$189.6K 223.0 contracts
BANK OF AMERICA CORP /DE/ Institution	- - contracts
P PEAK6 LLC Institution	- - contracts

Put Positions

Institution	Position Value
S SANDLER CAPITAL MANAGEMENT Hedge Fund•Long/Short	$7.9M 9.2K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.8M 2.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$897.7K 1.0K contracts
J JANE STREET GROUP, LLC Institution	$468.2K 545.0 contracts
W WOLVERINE TRADING, LLC Institution	$188.7K 222.0 contracts
Walleye Trading LLC RIA/Wealth	$104.8K 122.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$67.0K 78.0 contracts

Most Committed Institutions

Institutions with GOGO as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
GTCR LLC Private Equity	Constantine Spyro Mihas CEO	22.04% $199.6M	17.38% 23.2M shares	Q4 2020 Held for 4y 11m	$905.8M
L LB Partners LLC Hedge Fund•Multi-Strategy	Charles Pollard Cocke Managing Partner	17.80% $27.7M	2.42% 3.2M shares	Q4 2023 Held for 1y 11m	$155.8M
SCP Investment, LP Hedge Fund•Multi-Strategy	Isaac Robert Souede Chairman	9.82% $12.0M	1.05% 1.4M shares	Q2 2023 Held for 2y 5m	$122.4M
T Tenzing Global Management, LLC Hedge Fund•Long/Short	Chetan Ovinder Kapoor CEO	7.09% $10.1M	0.88% 1.2M shares	Q1 2019 Held for 6y 8m	$142.4M
Capco Asset Management, LLC Hedge Fund•Value	William Hughes Harrell Managing Partner	5.80% $24.9M	2.16% 2.9M shares	Q1 2022 Held for 3y 8m	$428.9M
E Ewing Morris & Co. Investment Partners Ltd. Institution	-	2.24% $3.8M	0.33% 446.5K shares	Q4 2021 Held for 3y 11m	$171.6M
D Dean Capital Investments Management, LLC Institution	-	1.37% $3.3M	0.29% 385.1K shares	Q4 2022 Held for 2y 11m	$241.1M
Laurus Investment Counsel Inc. Long Only Manager	Chris William Page CEO	0.64% $935.1K	0.08% 108.9K shares	Q2 2023 Held for 2y 5m	$145.2M
H HUSSMAN STRATEGIC ADVISORS, INC. Institution	John Peter Hussman President	0.51% $2.3M	0.20% 273.0K shares	Q3 2025 Held for 2 months	$458.6M
C Corton Capital Inc. Institution	-	0.27% $108.8K	0.01% 12.7K shares	Q2 2023 Held for 2y 5m	$40.6M

Hedge Fund Spotlight

Discover hedge funds investing in GOGO

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in Gogo

Market Value: $292.8K
Shares Held: 34.1K
Portfolio Weight: 0.00%
Owned Since: 2013-Q2

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