Garmin
GRMN
455 hedge funds and large institutions have $6B invested in Garmin in 2018 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 178 increasing their positions, 139 reducing their positions, and 47 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
36% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 47
28% more repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 139
25% more capital invested
Capital invested by funds: $4.79B → $6B (+$1.2B)
10% more call options, than puts
Call options by funds: $79.5M | Put options by funds: $72M
3.75% more ownership
Funds ownership: 41.74% → 45.49% (+3.7%)
3% more funds holding
Funds holding: 441 → 455 (+14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$71M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$69.3M |
| 3 |
BlackRock
New York
|
+$62.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$61.7M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$34.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$35.2M |
| 2 |
Renaissance Technologies
New York
|
-$33.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$25.3M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$21.3M |
| 5 |
SG Americas Securities
New York
|
-$17.3M |
GRMN Hedge Fund Activity: Q3 2018 in Review
455 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Garmin (GRMN) for Q3 2018, worth a combined $6B — up 25% from $4.79B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new GRMN positions and 47 closed out — a net gain of 17 holders — while 178 added to existing stakes and 139 trimmed.
The largest buyer was Skandinaviska Enskilda Banken (SEB), opening a new position worth an estimated $71M. The largest seller was JP Morgan Chase, cutting an estimated $35.2M.
- 455 institutional investors held Garmin (GRMN) as of Q3 2018, up from 441 in Q2 2018.
- Funds reported $6B of Garmin stock for Q3 2018, up 25% quarter-over-quarter.
- 64 funds opened new Garmin positions in Q3 2018 and 47 closed out, a net change of +17 holders.
- The largest Garmin buyer in Q3 2018 was Skandinaviska Enskilda Banken (SEB), an estimated $71M added.
- The largest Garmin seller in Q3 2018 was JP Morgan Chase, an estimated $35.2M sold.
Based on aggregated 13F filings for Q3 2018.