John Armitage’s Garmin GRMN Stock Holding History

John Armitage’s Portfolio GRMN Stock Details GRMN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-879,104	Closed	-$46.4M	–	40
2014 Q4	$46.4M	Sell	879,104 -1,585,540	-64%	-$86.1M	0.62%	31
2014 Q3	$128M	Sell	2,464,644 -256,333	-9%	-$14.2M	1.72%	21
2014 Q2	$166M	Sell	2,720,977 -1,686,381	-38%	-$97M	2.62%	14
2014 Q1	$244M	Buy	4,407,358 +457,401	+12%	+$22.6M	3.71%	11
2013 Q4	$182M	Buy	3,949,957 +1,391,557	+54%	+$66M	2.75%	14
2013 Q3	$116M	Buy	+2,558,400	New	+$102M	2.11%	19

Other funds holding GRMN

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.14% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.26% 1-Year Est. Return

WRF

Waddell & Reed Financial Overland Park, Kansas $48.6B AUM 84.78% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $344B AUM 42.99% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

WHG

Westwood Holdings Group Dallas, Texas $13.3B AUM 29.38% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

John Armitage's GRMN Position: Q1 2015 in Review

John Armitage sold out of Garmin (GRMN) in Q1 2015, closing a stake of 879,104 shares — an estimated $46.4M sold.

John Armitage first reported a position in GRMN in Q3 2013 and held it in 6 quarters. The position peaked at $244M in Q1 2014. 342 funds tracked by Wall St. Rank hold GRMN as of Q1 2015.

John Armitage reported no remaining Garmin position as of Q1 2015 after selling out during the quarter.
John Armitage sold 879,104 Garmin shares in Q1 2015, an estimated $46.4M.
John Armitage first reported a position in Garmin in Q3 2013 and held it in 6 quarters.
John Armitage's Garmin position peaked at $244M in Q1 2014.
342 funds tracked by Wall St. Rank held Garmin as of Q1 2015.

Based on Egerton Capital (UK)'s 13F filing for Q1 2015, filed 11 May 2015.