GOL Linhas Aéreas Inteligentes (G3, São Paulo Congonhas) has seen its 5.12% shareholder, the Bank of America, reduce its stake in the Brazilian carrier to 3.89%. In its filing to the Sao Paulo stock exchange, BOA said that, as of December 17, 2013 it holds, through various subsidiaries, preferred shares and American Depositary Receipts, a total of 5,252,062 preferred shares, in the Brazilian carrier, GOL Linhas Aéreas Inteligentes S.A.